Alex Tapscott - Financial Services Revolution: How Blockchain Is Transforming Money, Markets, and Banking (Blockchain Research Institute Enterprise)

ADVANCE PRAISE

Bitcoin. Blockchain. Crypto. These days, you cant go a day without hearing about the blockchain revolution. While much has been written on the topic, little of it answers the underlying question: What is blockchain technology and why is everyone so excited about it? This book provides new perspectives for newcomers and industry veterans.

Meltem Demirors, Chief Strategy Officer, CoinShares

This book delivers a comprehensive profound treatment of the many ways blockchain is pushing us to fundamentally rethink the delivery of financial services.

Dr. Peter Zemsky, Professor of Strategy and Dean of Innovation, INSEAD

With its breadth of themes, this book provides a sweeping outlook for blockchain technology and the promise of its immense impact on the world of finance.

Dr. Cathy Barrera, Founding Economist, Prysm Group

Blockchain is poised to reshape financial services as we know it. This book arms its readers with the knowledge necessary to prepare for the coming transformation.

Debbie Gamble, Chief Officer, Innovation Labs and New Ventures, Interac

Financial Services Revolution is provocative, insightful, meticulously researched, and chock-full of valuable and actionable lessons about one of the most exciting opportunities in our rapidly changing world.

Cole Diamond, Chairman and CEO, Coinsquare

Financial Services Revolution is a must-read for anyone interested in the future of money, economics, and the trickle-down implications of a borderless financial world.

Matt Spoke, CEO, Open Foundation

Blockchain will fundamentally disrupt the financial services industry. Todays dominant intermediaries are tomorrows afterthought as distributed ledger technology redresses the centralization and third-party validation that has ruled financial services for centuries. Financial Services Revolution is essential reading for those intent on winning in a blockchain world.

Harris Fricker, President and CEO, GMP Securities LP

ALSO BY ALEX TAPSCOTT

Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies Is Changing the World

(Penguin Portfolio, 2018) Co-author, Don Tapscott

Blockchain Revolution for the Enterprise

(INSEAD and Coursera, 2019) Co-instructor, Don Tapscott

Blockchain Revolution in Financial Services

(INSEAD and Coursera, 2020) Co-instructor, Don Tapscott

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Copyright 2020 Blockchain Research Institute

The editor of this volume and its individual contributors have made every effort to provide information that was accurate and up to date at the time of writing. Neither the editor nor the contributors assume any responsibility for changes in data, names, titles, status, Internet addresses, or other details that occurred after manuscript completion.

This material is for educational purposes only; it is neither investment advice nor managerial consulting. Use of this material does not create or constitute any kind of business relationship with the Blockchain Research Institute or the Tapscott Group, and neither the Blockchain Research Institute nor the Tapscott Group is liable for the actions of persons or organizations relying on this material.

To refer to this material, we suggest the following citation:

Financial Services Revolution: How Blockchain Is Transforming Money, Markets, and Banking, edited with a preface by Alex Tapscott (Toronto: Barlow Books, 2020).

To request permission for copying, distributing, remixing, transforming, building upon this material, or creating and distributing any derivative of it in print or other form for any purpose, please contact the Blockchain Research Institute, blockchainresearchinstitute.org/contact-us, and put Permission request in the subject line. Thank you for your interest.

ISBN: 978-1-988025-49-0

Printed in the Canada

1 3 5 7 9 10 8 6 4 2

Publisher: Sarah Scott/Barlow Books

Book producer: Tracy Bordian/At Large Editorial Services

Book design (cover and interior) and layout: Ruth Dwight

For more information, visit www.barlowbooks.com

Barlow Book Publishing Inc.

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Canada M4W 1P2

Michael J. Casey (Chapter 2) is the chief content officer at CoinDesk, chairman and co-founder of Streambed Media, senior adviser at the MIT Media Labs Digital Currency Initiative, and co-author (with Paul Vigna) of the bestselling book The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order.

Alexis Collomb (Chapter 3) is head of the economics finance insurance and banking department at the Conservatoire National des Arts et Mtiers and scientific co-director of the Blockchain Perspectives Joint Research Initiative within Paris-based ILB think tank. Alexis started his career in investment banking at Donaldson, Lufkin & Jenrette and later joined Citigroup.

Primavera De Filippi (Chapter 3) is a researcher at the National Center of Scientific Research, a faculty associate at the Berkman Klein Center for Internet and Society at Harvard University, a member of the Global Future Council on Blockchain Technologies at the World Economic Forum, and co-author (with Aaron Wright) of Blockchain and the Law: The Rule of Code.

Andreas Park (Chapter 6) is an associate professor of finance at the University of Toronto, appointed to the Rotman School of Management, the Institute for Management and Innovation, and the Department of Management at U of T Mississauga, and is the research director of Rotmans Financial Innovation Lab.

Klara Sok (Chapter 3) is a research fellow in social sciences at the Conservatoire National des Arts et Mtiers in its Lirsa and the Dicen-IDF research centers, a founding member of the transdisciplinary Blockchain Perspectives Joint Research Initiative, and co-developer of OpenResearch, a blockchain-based open peer-review platform.

Alex Tapscott (Chapter 1) is a globally recognized speaker, investor, and adviser focused on the impact of emerging technologies. He is co-author (with Don Tapscott) of the critically acclaimed bestselling book Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies Is Changing the World.

Bob Tapscott (Chapter 4) is a recognized IT strategist, author, consultant, and speaker, keynoting conferences on the topics of artificial intelligence, fintech, and blockchain. As a vice president or a CIO, Bob has led the Canadian technology efforts of Citibank, HSBC, and other Schedule II banks in Canada.

Fennie Wang (Chapter 3) is a lawyer turned entrepreneur in the blockchain space, leading strategy, legal, and partnerships at the ixo Network, UNICEFs first blockchain investment, and a US-qualified securities lawyer who practiced both securities defense and international capital markets with leading US law firms WilmerHale and Latham & Watkins.