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Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World

3.37  ·  Rating details ·  3,093 ratings  ·  380 reviews
MAJORLY EXPANDED WITH NEW MATERIAL ON CRYPTOASSETS, ICOs, SMART CONTRACTS, DIGITAL IDENTITY AND MORE




The definitive book on how the technology behind bitcoin and cryptocurrency is changing the world.

Blockchain is the ingeniously simple technology that powers Bitcoin. But it is much more than that, too. It is a public ledger to which everyone has access, but which no single
...more
Hardcover, 368 pages
Published May 10th 2016 by Portfolio (first published 2016)
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Matthias
May 15, 2016 rated it it was ok
Shelves: biz-finance
I should have known what I was getting myself into, having made an attempt to read Wikinomics by the same author before, and equally not being able to finish it: Blockchain Revolution is a wordy, inflated, largely uncritical praise of blockchain technology and how it's here to solve mankind's problems. The irritating thing is: despite it being so adamant about the superiority of the blockchain, I found the book to be unconvincing, full of hollow, superficial arguments and a good portion of wishf ...more
Al Sevcik
May 14, 2016 rated it did not like it  ·  review of another edition
Shelves: computer
I did not finish this book. What I read, and what I saw by skimming through the book, is an enthusiastic promotion of the IDEA of blockchains. The book lacked specific information as to exactly how blockchains are constructed and how they facilitate Bitcoin transactions. Maybe I missed something, but I was disappointed and give it one star.
Blair
May 20, 2016 rated it did not like it
There are very few books that I start and don't finish and this is one of them.

My problem with the book is that I don't think the authors understand the subject - Blockchain. They talk in analogies and don't actually tell you what Blockchain is - apart from it being the technology behind Bitcoin and how it has the potential to change the world.

I think the book is about a case of writing about the subject first and not best.

Avoid it.
Trevor Bramble
Jul 29, 2016 rated it did not like it
I skipped large chunks of this book because there's only so much breathless, exuberant techno-utopianism that one can stomach. What I hoped to read was a, perhaps somewhat enthusiastic description of what blockchains are, what experimentation has already happened, and what's currently being tried. This wasn't that book.
Peter Aronson
Jun 12, 2016 rated it liked it
Reading this book reminded me a lot of a famous cartoon by Sidney Harris that was originally run in the American Scientist: two men are looking at a blackboard with complex equations in the upper-left and lower-right corners, and one of the men is pointing in the middle where it says THEN A MIRACLE OCCURS; the text below is "I think you should be more explicit here in step two". This book is full of wonderful things that the blockchain will bring us, but it doesn't explain how any of them will a ...more
Peter
May 18, 2016 rated it did not like it
A prime example of muddy reasoning by analogy.
Dhruv Bhandula
This book promised a lot, but eventually delivered very less. I bought the book to get a hang of this new and exciting technology and how it can revolutionize the business world, but this books leaves a lot to be desired. There are hardly any discussions about how the technology is going to work in the real physical world. Everything in this book is like sandcastles in the air, a beautiful image in mind but nothing in concrete to be made use of. This book did a good job giving an overview of the ...more
Mehrsa
Aug 15, 2017 rated it liked it
I think the promises of blockchain and the hype surrounding it way outpaces the technology. I think the book is interesting in laying out what could happen, but it's a bit overly simplistic--too much cheerleading and not enough critical analysis. There are better books out there about blockchain and better books about the transformational possibilities of technology. Blockchain is probably the future, but you can easily grasp that from a TED talk instead of reading this long book about every pos ...more
Jose Papo
May 23, 2016 rated it it was amazing
This book is a must read to understand and have ideas on all the promises of the Blockchain Technology and what is already being done today with it. Part 1 focus on explaining the tech behind BlockChain and its design principles, specially related to the new Dapps(Decentralized applications). Part 2 is focused on core industries and ares where the blockchain will create disruptions. I liked a lot chapter 5 on new business models and chapter 6 on the synergies of Blockchain and the Internet of Th ...more
Thomas Preusser
Nov 19, 2018 rated it it was amazing
I actually read the updated edition of this book. The author, Don Tapscott, had written some 9 books prior to this one spanning more than 20 years from the onset of the Internet to today's onset of "blockchain technology". This latest book comes from a "paradigm shift" perspective, that being that blockchain will be as big a deal as the Internet. My main mindset in reading this book then, was to find out why this is so.

This 316 page plus 30 pages of notes small print no picture book is well rese
...more
Anton
Jan 15, 2018 rated it really liked it
I am really surprised with all the bad reviews this book attracts on Goodreads... I liked it.

Please bear in mind that this book is targeted at someone who is very new to blockchain and provides a high-level primer overview of whats what. It also does an awesome job of giving a glimpse of what blockchain can offer beyond bitcoin and other cryptocurrency use-cases.

If you already know enough about blockchain or you expect a deep-dive analysis of the technology behind it - you need to look for an a
...more
George
"Blockchain Revolution" by Don Tapscott and Alex Tapscott is basically a 14-hour PowerPoint presentation on Blockchain technology. It was difficult to get through. Essentially, it is a long series of slides with bullet points.

A better introduction, I believe, would be to read any/all of the following three books:

The Internet of Money by Andreas M. Antonopoulos.

Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money by Nathaniel Popper.

The Age o
...more
Elena
Oct 16, 2017 rated it really liked it  ·  review of another edition
Purchased this book on Audible.ca because local library did not have anything in audio format on blockchain topic which I am curious about. Listened also recently to a podcast with former Estonian president and ended up being hooked. Maybe some of the discussions are indeed close to wishful thinking (as one of the GR reviewers put it) but i really enjoy "imagine that..." type of material nonetheless. Even if only for the sake of imagining. I also like to read about routines, processes, organizat ...more
Helen
Feb 18, 2017 rated it it was ok  ·  review of another edition
Hard slog but overall a great place to start if you want a high level, at times, idealistic view of the future. As I was reading, i couldn't help but feel the author was espousing all the positive, utopian aspects of Blockchain and the cynic in me was thinking "yes, but...."

If you're wanting a book that delves into detail of how the Block Chain works, this isn't it. However, there's lots of references and company names and startups who are in this space. Just bear in mind that there's constant c
...more
Kent Winward
Jul 08, 2018 rated it really liked it
A small quibble, but Blockchain isn't so much a technology, but an intriguing configuration of what an old timer would call software development to create a secure, distributed public ledger. But any type of development that can add to privacy, create an ecosystem where micro-payments could topple advertising revenue, and bring personal responsibility and accountability into the digital realm, is something that is worth learning about.
Daniel Olshansky
Dec 03, 2016 rated it did not like it
I've been following Fred Wilson's newsletter for a little while now and have had a growing interest in blockchain technology. I was really excited about this book to learn about all its intricacies and applications, but was sorely disappointed. There are very few books I don't finish, and this is one of them...

The writing is wordy, superfluous, and draws analogies from a lot of different historical characters and events for no apparent reason. Sometimes I feel like the author did so just to show
...more
Paul Dunphy
Dec 03, 2016 rated it did not like it
I should have known what to expect with this book and I'm angry at myself for buying it (although, I feel some small satisfaction that I did get the cheaper kindle version). But it wasn't supposed to end like this, blockchain is an interesting tech and Tapscott is considered to be an interesting speaker on this topic.

At around 60% of the way through the book I began skipping a page now and then, then a few pages now and then, in order to hurry to the end. I have to confess, I quit reading the bo
...more
Ian Carswell
Aug 01, 2017 rated it did not like it
Catastrophically bad.

Tons of rah rah and bad jokes combined with myriad random lists, incessant quoting, and hypothetical scenarios that don't even all clearly relate to blockchain.

Reading it is like listening to Dilbert's boss talk for hours about a new technology he's excited about and doesn't really understand.
Sharon Orlopp
Jul 13, 2018 rated it really liked it
Interesting and inspiring primer about blockchain technology. It has the potential to significantly disrupt the way money is transferred between individuals and organizations. It also provides the mechanism for entrepreneurs to sell their products and services around the globe.

Some of the other potential impact items such as redistributing wealth, transparency to company financial records, etc. may seem a little far fetched.....however, early pioneers of the Internet faced ridicule as well.

Defin
...more
Marsha Altman
Jan 20, 2018 rated it it was ok
Shelves: bitcoin
The author is a True Believer, but he's also a financial analyst who has previously written bestsellers. Oh, and he owns a blockchain software company, so he might have some skin in the game. This book isn't about talking up Bitcoin, actually. It's about all of the fundamental shifts in economics that could occur if the blockchain technology is adapted appropriately. I couldn't follow it because I'm not strong on economics, but that's not his fault.
Matthew Geleta
Jan 31, 2018 rated it liked it
Blockchain Revolution is a such a strange juxtaposition of novel insight and academic laziness... It's definitely a worthwhile read as an introduction to the business and social implications of blockchain technology, but it is fairly introductory and extremely one-sided.

Strengths: It's well written (expertly written) and easy to follow; it's full of new and exciting ideas; it's timely; it collects a vast number of quotations from current blockchain proponents and developers; it proposes some cl
...more
Todd Allen
Jul 23, 2016 rated it liked it
What is the blockchain? Unlike the Internet, where information is stored on the servers of Google, Amazon, Microsoft and the like, the information that is the foundation of the blockchain phenomena exists within a distributed network. Rather than being siloed, and ultimately the property of the makers of the web pages and server farms we all use, a blockchain consists of multiple nodes around the world that are exact copies of each other. Whereas there is basically one world wide web, there are ...more
Michael Harden
Jun 24, 2018 rated it really liked it
The idea of cutting out the middleman has always been an attractive concept because doing so promises to lower costs and produce potential benefits for both sides of a commercial transaction. However, the role of intermediaries in the economy has persisted in a number of areas for very good reasons. The most obvious example of an intermediary involves financial institutions. The role of a bank, in very simplified form, has always been to attract deposits from those with excess capital and to len ...more
Yvo Hunink
Mar 24, 2017 rated it it was amazing
De world is entering a new era and the Tapscotts have just shown us the map. A very comprehensive study of the world of blockchain which has increased my knowledge, my enthousiasm and my realism on it.

People who give bad ratings, predominantly do it because of the opportunism, lack of critic and the lack of a real understanding of the technology. Firstly the opportunism struck me as well, however in the last chapters of the book, they get more critical and realistic towards the implications. A
...more
Jeanne Boyarsky
Jul 02, 2016 rated it it was ok
Shelves: technology
This book is titled “Blockchain revolution – how the technology behind bitcoin is changing money, business and the world.” It should have been called “how the technology behind bitcoin COULD BE....”

This book has a lot of future looking statements. It is a good description of the potential of blockchain. A lot of scenarios involve describing how something is a problem now and how it could be better. It could. But I was expecting more present day in the book. I did like the descriptions of stakeho
...more
Rami Bidshahri
Sep 28, 2017 rated it did not like it
Authors are pseudo-experts posing as pioneers on a subject matter they know nothing of.
Hari Kumar
Jul 07, 2019 rated it really liked it
Oh my god, this is the FuTuRe.... but no, like seriously, I've never heard a more compelling case for an innovation than what the Tapscotts discuss about the potential of blockchain. Albeit, I came into this with a bit of a bias... having worked at the bank for the past 3 weeks, I quickly realized how much was changing and how seemingly unprepared we were for it. The applications of technology in finance are boundless and it is only a matter of time where blockchain returns the money back to the ...more
Matt S
Dec 17, 2018 rated it it was ok
I'm incredibly pro blockchain for the industrial and manufacturing as well as food service applications. The revolution is a weak inexplicable argument that is largely "shut up and parcticipate"

What bothers me is the endless reference to transactional autonomy, but it isn't autonomous. Its exchange based. The how, which is in the title, is very rarely discussed, and when it is, it is incomplete.

The fears of who controls 51% are well founded. Democratized transactions are highly vulnerable to mo
...more
Dimitrios Mistriotis
Oct 01, 2018 rated it did not like it
Shelves: avoid
I saw last week in a book store the paperback version of this book and I was between writing a letter to authorities accusing the publisher for hate crime against the literate people of UK or unleash my venom in GoodReads.

It is obvious that there are not many non technical books about blockchain consequently writing one is a very good business opportunity. Also there is a little bit of room for people to write something like this and get away with it.

Book reads like a text generated from one of
...more
Lois Keller
Feb 04, 2018 rated it did not like it
DNF, made it halfway. This book is pure bitcoin propaganda filled with faulty arguments that go like this:
“Did you know most people only use an electric drill 13 minutes total over the drill’s life? Imagine a world where we could share and rent drills without having to drive somewhere to rent them. Blockchain will make it happen!”
Excuse me, but how?! The book is poorly written too with each section reading like a newspaper article with little substance but lots of flashy words.
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Don is one of the world’s leading authorities on innovation, media, and the economic and social impact of technology and advises business and government leaders around the world.

In 2011 Don was named one of the world's most influential management thinkers by Thinkers50. He has authored or co-authored 14 widely read books including the 1992 best seller Paradigm Shift. His 1995 hit Digital Economyc
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