What the Blockchain Means for Economic Prosperity

Don and Alex Tapscott write about the Blockchain on CoinDesk, the world leader in news and information on digital currencies such as bitcoin, and its underlying technology – the blockchain.

The Internet is entering a second era, one that gives us another shot to achieve a prosperous future.

Yes, the digital revolution has brought countless wonders. The Internet, the World Wide Web, social media, mobile computing, geospaciality, Big Data and the cloud have all enabled advancements in virtually every aspect of life.

But when it comes to business, a careful analysis shows that the changes to date are only scratching the surface.

Capitalism’s basic institution, the corporation, has remained relatively unchanged. Hierarchy, vertical integration and bureaucracy – hallmarks of the industrial age – still reign.

Read the full article on CoinDesk.