Tapscott - Blockchain Revolution

Don Tapscott
and Alex Tapscott

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BLOCKCHAIN REVOLUTION

How the Technology Behind Bitcoin is Changing Money, Business and the World

UK | USA | Canada | Ireland | Australia
India | New Zealand | South Africa

Portfolio Penguin is part of the Penguin Random House group of companies whose addresses can be found at global.penguinrandomhouse.com.

First published in the United States of America by Portfolio/Penguin, a member of Penguin Group (USA) Inc. 2016

First published in Great Britain by Portfolio Penguin 2016

Copyright Don Tapscott and Alex Tapscott, 2016

The moral right of the author has been asserted

Cover design: Eric White

ISBN: 978-0-241-23787-8

DON TAPSCOTT is the CEO of the Tapscott Group and the bestselling author of Wikinomics, The Digital Economy and a dozen other acclaimed books about technology, business and society. He is currently the fourth most influential management thinker in the world, according to Thinkers 50. He is an adjunct professor at the Joseph L. Rotman School of Management at the University of Toronto and the Chancellor of Trent University.

ALEX TAPSCOTT is the CEO and founder of Northwest Passage Ventures, an advisory firm building blockchain companies. In 2014 he wrote the seminal report on governing digital currencies for the Global Solutions Network programme at the Joseph L. Rotman School of Management at the University of Toronto. Prior to founding Northwest Passage Ventures, he worked for seven years in investment banking in New York and Toronto.

To Ana Lopes and Amy Welsman for enabling this book, and for understanding that its all about the blockchain

What a spectacular book. Mind-blowing in its expansiveness and profundity. It makes me think were at one of those times in technological, economic and social history where the sky is the limit

Steve Wozniak , co-founder, Apple Computer; chief scientist, Prime Data

The Tapscotts have written the book, literally, on how to survive and thrive in this next wave of technology-driven disruption. Likely to become one of the iconic books of our time

Clay Christensen , Professor of Business Administration, Harvard Business School; author of The Innovators Dilemma

Occasionally a book comes along that changes the global discourse. This is likely to be one of those books. Blockchains are at the heart of the fourth industrial revolution and the Tapscotts lucidly explain why and how to capture the opportunity and avoid the dangers

Klaus Schwab , founder and executive chairman, World Economic Forum

A carefully researched and beautifully written book. Blockchain Revolution argues that the Internet of value will transform our lives. A must-read book for our disruptive times

Dominic Barton , global managing director, McKinsey & Company

Don and Alex brilliantly illuminate the technology that could profoundly impact the way we manage issues of trust, security and privacy for years to come

Indra Nooyi , chairman and CEO, PepsiCo

The great missing element in the Internet has been a trust protocol, a way of knowing that a transaction is verified and authentic. Blockchain technology could provide a foundation for that. Its a revolutionary idea, and this lucid book explains why

Walter Isaacson , author of Steve Jobs

A masterpiece. Gracefully dissects the potential of blockchain technology to take on todays most pressing global challenges

Hernando De Soto , Economist and President, Institute for Liberty and Democracy, Peru

The blockchain is to trust as the Internet is to information. Like the original Internet, blockchain has potential to transform everything. Read this book and you will understand

Joichi Ito , Director, MIT Media Lab

In this extraordinary journey to the frontiers of finance, the Tapscotts shed new light on the blockchain phenomenon and make a compelling case for why we all need to better understand its power and potential

Dave McKay , President and CEO, Royal Bank of Canada

Deconstructs the promise and peril of the blockchain in a way that is at once accessible and erudite. Blockchain Revolution gives readers a privileged sneak peak at the future

Alec Ross , author of The Industries of the Future

If ever there was a topic for demystification, blockchain is it. Together, the Tapscotts have achieved this comprehensively and in doing so have captured the excitement, the potential and the importance of this topic to everyone

Blythe Masters , CEO, Digital Asset Holdings

This is a book with the predictive quality of Orwells Nineteen Eighty-Four and the vision of Elon Musk. Read it or become extinct

Tim Draper , Founder, Draper Associates, DFJ and Draper University

Blockchain is a radical technological wave and, as he has done so often, Tapscott is out there, now with son Alex, surfing at dawn. Its quite a ride

Yochai Benkler , Berkman Professor of Entrepreneurial Legal Studies, Harvard Law School

If you work in business or government, you need to understand the blockchain revolution. No one has written a more thoroughly researched or engaging book on this topic than Tapscott and Tapscott

Erik Brynjolfsson , Professor at MIT; co-author of The Second Machine Age

An indispensable and up-to-the-minute account of how the technology underlying bitcoin could and should unleash the true potential of a digital economy for distributed prosperity

Douglas Rushkoff , author of Present Shock and Throwing Rocks at the Google Bus

Technological change that used to develop over a generation now hits us in a relative blink of the eye, and no one tells this story better than the Tapscotts

Eric Spiegel , President and CEO, Siemens USA

Few leaders push us to look around corners the way Don Tapscott does. With Blockchain Revolution he and his son Alex teach us, challenge us and show us an entirely new way to think about the future

Bill McDermott , CEO, SAP SE

Blockchain Revolution