New books in July-August 2016
how the technology behind bitcoin is changing money, business and the world
Don and Alex Tapscott
Doriot and Tanoto Libraries
HG1710 .T37 2016
Over the past 30 years, no theorist of the digital age has better explained the next big thing than Don Tapscott. For example, in Wikinomics, Tapscott was the first to show how the Internet provides the first global platform for mass collaboration. Now, he writes about a profound technological shift that will change how the world does business–and everything else–using blockchain technology, which powers the digital currency Bitcoin.
The Internet as we know it is great for collaboration and communication, but is deeply flawed when it comes to commerce and privacy. The new blockchain technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body. Keeping the user’s information anonymous, the blockchain validates and keeps a permanent public record of all transactions. That means that your personal information is private and secure, while all activity is transparent and incorruptible–reconciled by mass collaboration and stored in code on a digital ledger. With its advent, we will not need to trust one another in the traditional sense, because trust is built into the system itself.
Tapscott, writing with his son Alex, a financial analyst and technologist, argues that the blockchain will shape the next era of prosperity–in finance, business, healthcare, education, governance, and beyond.
Book review cited from : http://www.goodreads.com/book/show/25894041-blockchain-revolution
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