Don Tapscott's Blog, page 11
May 17, 2016
Blockchain: the next internet revolution?
Nora Young talks about bitcoin and blockchain technology on CBC Radio’s Spark program. After an explanation of bitcoin and blockchain, she interviews Alex Tapscott on blockchain and Blockchain Revolution.
Listen to the audio below or on the CBC Radio site.
Tech Savvy: How Blockchains Could Transform Management
Theodore Kinni, a business journalist, has published an article on MIT Sloan Management Review about the intersection of management and tech, which he believes will utilize blockchain. He also posts an excerpt from Blockchain Revolution.
He writes:
Re-architecting the firm with blockchain: Is Craig Wright really Satoshi Nakamoto, the mysterious creator of Bitcoin? Who knows — and really, who cares? The bigger issue is blockchains, the distributed ledgers that underpin cryptocurrencies like Bitcoin.
Blockchain technology has so many uses that trying to summarize them can make veteran tech experts sound like PR hacks. “As such, it holds the potential for unleashing countless new applications and as yet unrealized capabilities that have the potential to change everything,” write Don Tapscott and his co-author and son Alex Tapscott in their new book, Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World.
May 16, 2016
Read this book, see the future
Joan Warner of Oxford Economics has published an article reviewing Blockchain Revolution. She writes:
What if you could get a loan without a credit score? What if your apartment knew when you’d be traveling for a while, and automatically sublet itself to a solvent, clean-living tenant? What if a single, unhackable digital ID let you vote, pay your taxes, or sign up for government benefits from wherever you happened to be, without reams of tedious paperwork?
Behold blockchain, the technology poised to enable all this and more. In Blockchain Revolution, published this week by Penguin, authors Don and Alex Tapscott (père et fils) take us through scores of potential uses for what’s called a distributed ledger — a shared database whose “blocks” of data are linked into a “chain” by cryptographic software. A blockchain creates a permanent record of transactions that’s transparent to all its users; no transaction can be completed or altered without validation from a majority of those users. Blockchain first made headlines as the technology behind virtual currencies like Bitcoin. But as this book shows, Bitcoin is a mere prologue to the blockchain story.
Trent Voices: Don Tapscott and Blockchain Revolution
Don Tapscott, coauthor of Blockchain Revolution and Trent University Chancellor, talks with Trent Voices about blockchain, the Rotman School of Management, and more.
Listen to the interview below:
May 12, 2016
Opinion: 4 blockchain companies that could change everything from accounting to money transfers
Don Tapscott and his son Alex Tapscott have published an article on MarketWatch. The article begins:
The first generation of the digital revolution brought us the Internet of information. The second generation — powered by blockchain technology — is bringing us the Internet of value: a new platform to reshape the world of business and transform the old order of human affairs for the better.
Blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value — money, but also titles, deeds, identities, even votes — can be moved, stored and managed securely and privately. Trust is established through mass collaboration and clever code rather than by powerful intermediaries like governments and banks.
Commentary: Five myths about the Blockchain revolution
Don and Alex Tapscott have published an article on Reuters about a few blockchain myths. They write:
Blockchain technology is the most important invention in computing in a generation because, for the first time in human history, we have at our disposal a truly native digital medium for peer-to-peer value exchange. Blockchain, a vast global platform based on a distributed ledger, establishes the rules — in the form of computations and heavy duty encryption — that enable two or more parties to transact or do business without needing a third party to establish trust.
Rather than relying on a bank, government or other intermediary to create trust, the blockchain ensures it through mass collaboration and clever code. Trust is built into the system, which is why we call blockchain the Trust Protocol.
Photo: Reuters/Benoit Tessier
May 11, 2016
The Impact of the Blockchain Goes Beyond Financial Services
The technology most likely to change the next decade of business is not the social web, big data, the cloud, robotics, or even artificial intelligence. It’s the blockchain, the technology behind digital currencies like Bitcoin.
Blockchain technology is complex, but the idea is simple. At its most basic, blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value – money, titles, deeds, music, art, scientific discoveries, intellectual property, and even votes – can be moved and stored securely and privately. On the blockchain, trust is established, not by powerful intermediaries like banks, governments and technology companies, but through mass collaboration and clever code. Blockchains ensure integrity and trust between strangers. They make it difficult to cheat.
Blockchain Looks To Change How To Do Business Online
Don Tapscott talks with NPR’s Robert Siegel about blockchain and how it will transform business online.
Robert starts:
Now we’re going to hear a little more about blockchain, the technology behind bitcoin. Don Tapscott is a management professor at the University of Toronto and co-author of a new book on blockchain. He says it is the greatest innovation in computer science in years, a vast digital ledger that can be shared by everyone.
May 10, 2016
How blockchains could change the world
What impact could the technology behind Bitcoin have? According to Tapscott Group CEO Don Tapscott, blockchains, the technology underpinning the cryptocurrency, could revolutionize the world economy. In this interview with McKinsey’s Rik Kirkland, Tapscott explains how blockchains—an open-source distributed database using state-of-the-art cryptography—may facilitate collaboration and tracking of all kinds of transactions and interactions. Tapscott, coauthor of the new book Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World, also believes the technology could offer genuine privacy protection and “a platform for truth and trust.”
Watch the interview below:
May 9, 2016
The Biggest Thing Since Double-Entry Book-Keeping
Don and Alex Tapscott have been featured in Fortune‘s CEO Daily for Monday, May 9:
If you are still wondering why so many investors are going ga-ga over bitcoin, we suggest you read the excerpt Fortune published yesterday from a new book called The Blockchain Revolution, by Don Tapscott and his son Alex. The elder Tapscott is a prolific book writer – his works include The Digital Economy (1994) and Wikinomics (2006) – and a popularizer of technology topics. The Tapscotts […] make the bulls’ case in clear and compelling terms.
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