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The Digital Conglomerate
Oct04

The Digital Conglomerate

A look back the prescient article co-authored by Don Tapscott: Digital Conglomerates: Setting the Agenda for Enterprise 2.0. The article, which has never been released publicly before, looks at several innovative companies of the time: Google uses its Maps application to help design self-driving cars. GE uses data from its medical electronic equipment to design population-based predictive models for actuaries. Amazon turns its demand-driven distribution centers into cutting edge venues for robotics innovation. In so doing, these companies design tech-driven innovations that combine multiple distinctive knowledge sets – on a massive commercial scale (maps that inform car designs, heart monitors that inform insurance policies, retail sales that inform robotics). To call Google, GE and Amazon technology companies misses the point. Google is in all sorts of sectors including advertising, social media, navigation, car design and robotics. GE is in appliances, healthcare, aerospace and professional services. Amazon is in retail, computer services, robotics and logistics. A new species of business is beginning to revolutionize almost every industry and the economy itself. Digital conglomerates use their massive cross-domain capabilities and information advantages to innovate, increase market share, and enter entirely new markets. In this respect they are quite unlike vaunted peers like Facebook, let alone niche players. Digital conglomerates will be the dominant enterprises of 21st century economies – and function as role models to Industrial Age conglomerates like General Motors, AT&T, and Exxon. Perhaps 10 years from now people will look back on Blockchain Revolution, struck by its...

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TEDTalk: How the blockchain is changing money and business
Aug25

TEDTalk: How the blockchain is changing money and business

Don Tapscott on Blockchain at TEDSummit 2016

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Why blockchains will rewrite business models and revolutionize industries
Aug23

Why blockchains will rewrite business models and revolutionize industries

Almost every sector — from banking and utilities to entertainment and agriculture — can expect to experience major business model disruption as blockchain technologies take hold, predicts digital guru Don Tapscott. Because blockchain technology originated as the underlying mechanism of the bitcoin digital currency, there is a widespread belief that its potential is greatest in – or even limited to — the financial sector. But, says Don Tapscott, business author and authority on the impact of digital technology on business and society, that is to misunderstand a reality that is already unfolding. Watch the interview and read the full article on...

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How the blockchain revolution could transform our world
Jun02

How the blockchain revolution could transform our world

Don and Alex Tapscott were interviewed about their book Blockchain Revolution on Yahoo Finance. Watch the video on Yahoo...

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INNOVATE 2016: How the blockchain will clean up American politics
May29

INNOVATE 2016: How the blockchain will clean up American politics

The Canadian tech futurist and writer Don Tapscott has always had a nose for the next big thing. His best-selling book, Wikinomics, for example, introduced many people to the radical idea of a wiki. And now Don and his son Alex are back with another big book and big idea. Their Blockchain Revolution introduces blockchain as the new Internet — a technology that will once again change everything. Watch the interview on...

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Opinion: 4 blockchain companies that could change everything from accounting to money transfers
May12

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. Read the article on...

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