Blockchain revolution : how the technology behind bitcoin is changing money, business, and the world / Don Tapscott and Alex Tapscott.

By: Tapscott, Don, 1947- [author.]
Contributor(s): Tapscott, Alex [author.]
Language: English Publisher: New York, New York: Portfolio / Penguin, [2016]Copyright date: ©2016Description: xx, 348 pages ; 24 cmContent type: text Media type: unmediated Carrier type: volumeISBN: 9781101980132 (hbk)Subject(s): Electronic funds transfers | Blockchains (Databases) | Bitcoin | Electronic commerce | Mobile commerce | Banks and banking -- Technological innovations | Financial institutions -- Technological innovationsDDC classification: 332.1/78 LOC classification: HG1710 | .T385 2016
Contents:
Part I: Say you want a revolution. The trust protocol -- Bootstrapping the future: seven design principles of the blockchain economy -- Part II: Transformation. Reinventing financial services -- Re-architecting the firm: the core and the edges -- New business models: making it rain on the blockchain -- The ledger of things: animating the physical world -- Solving the prosperity paradox: economic inclusion and entrepreneurship -- Rebuilding government and democracy -- Freeing culture on the blockchain: music to our ears -- Part III: Promise and peril. Overcoming showstoppers: ten implementation challenges -- Leadership for the next era.
Summary: The technology likely to have the greatest impact on the future of the world economy has arrived, and it's not self-driving cars, solar energy, or artificial intelligence. It's called the blockchain. 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, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better. Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it's the technology that drives bitcoin and other digital currencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind, from birth and death certificates to insurance claims and even votes. Why should you care? Maybe you're a music lover who wants artists to make a living off their art. Or a consumer who wants to know where that hamburger meat really came from. Perhaps you're an immigrant who's sick of paying big fees to send money home to loved ones. Or an entrepreneur looking for a new platform to build a business. And those examples are barely the tip of the iceberg. This technology is public, encrypted, and readily available for anyone to use. It's already seeing widespread adoption in a number of areas. For example, forty-two (and counting) of the world's biggest financial institutions, including Goldman Sachs, JPMorgan Chase, and Credit Suisse, have formed a consortium to investigate the blockchain for speedier and more secure transactions. As with major paradigm shifts that preceded it, the blockchain will create winners and losers. And while opportunities abound, the risks of disruption and dislocation must not be ignored.
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Item type Current location Home library Call number Status Date due Barcode Item holds
BOOK BOOK COLLEGE LIBRARY
COLLEGE LIBRARY
SUBJECT REFERENCE 		332.178 T169 2016 (Browse shelf) Available CITU-CL-50068
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Includes bibliographical references (pages 313-336) and index.

Part I: Say you want a revolution. The trust protocol --
Bootstrapping the future: seven design principles of the blockchain economy --
Part II: Transformation. Reinventing financial services --
Re-architecting the firm: the core and the edges --
New business models: making it rain on the blockchain --
The ledger of things: animating the physical world --
Solving the prosperity paradox: economic inclusion and entrepreneurship --
Rebuilding government and democracy --
Freeing culture on the blockchain: music to our ears --
Part III: Promise and peril. Overcoming showstoppers: ten implementation challenges --
Leadership for the next era.

The technology likely to have the greatest impact on the future of the world economy has arrived, and it's not self-driving cars, solar energy, or artificial intelligence. It's called the blockchain. 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, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better. Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it's the technology that drives bitcoin and other digital currencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind, from birth and death certificates to insurance claims and even votes. Why should you care? Maybe you're a music lover who wants artists to make a living off their art. Or a consumer who wants to know where that hamburger meat really came from. Perhaps you're an immigrant who's sick of paying big fees to send money home to loved ones. Or an entrepreneur looking for a new platform to build a business. And those examples are barely the tip of the iceberg. This technology is public, encrypted, and readily available for anyone to use. It's already seeing widespread adoption in a number of areas. For example, forty-two (and counting) of the world's biggest financial institutions, including Goldman Sachs, JPMorgan Chase, and Credit Suisse, have formed a consortium to investigate the blockchain for speedier and more secure transactions. As with major paradigm shifts that preceded it, the blockchain will create winners and losers. And while opportunities abound, the risks of disruption and dislocation must not be ignored.

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