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Bitcoin Is Just The Beginning
Jun04

Bitcoin Is Just The Beginning

One of the great mysteries of modern life is the time it still takes for a check to clear. Every other financial transaction is being reduced to the tap of a phone or the press of a key. But checks take days to rumble their way from payee to the originating bank, days of lost interest and presumably fees for the intermediaries passing them around behind the scenes. Transactions and data management are supposed to be slicker these days, and yet time and again all of us run into situations where it’s as though technology never happened, or stopped around 1993. Now come blockchains, and according to father and son authors Don and Alex Tapscott, we should all be cheering. Blockchains are basically a much better way of managing information. They are distributed ledgers, run on multiple computers all over the world, for recording transactions in a way that is fast, limitless, secure and transparent. There is no central database overseen by a single institution responsible for auditing and recording what goes on. If you and I were to engage in a transaction, it would be executed, settled and recorded on the blockchain and evident for all to see, yet encrypted so as to be villain-proof. “The new platform enables a reconciliation of digital records regarding just about everything in real time,” write the Tapscotts. No more waiting for that check to clear. It would all be done and recorded for eternity before you know it. Read the full article on the Wall Street...

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Editor’s Choice: Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World
Jun03

Editor’s Choice: Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World

Nearly a decade ago, Don Tapscott (along with Anthony D. Williams) gave us the definitive book on the myriad ways in which mass collaboration is being made possible by new technology and the Internet. That book, Wikinomics, still has a lot to teach businesses and individuals about the potential of wikis to bring together communities large and small, near or far, to work together and accomplish great things. But there is now a new technology frontier, and Tapscott is once again out exploring it. Don Tapscott, along with his son Alex, have now turned in the first (and, being so definitive, perhaps the last—barring their own updated editions) must-read book on a new revolution—blockchains. The most well known blockchain is Bitcoin, but this is not a book about Bitcoin or other cryptocurrency. It is about “the underlying technological platform” that they are built on. Because, though Bitcoin had a shadowy beginning and has been used in some of the darker aspects of the Internet, the technology it uses is built for one overriding reason—trust. And that is where its true potential lays. Read the full article on 800 CEO...

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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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Features From the Most Popular Altcoins Are Planned for Bitcoin
Jun01

Features From the Most Popular Altcoins Are Planned for Bitcoin

For many people involved with Bitcoin, altcoins are nothing more than testnets. Hundreds of digital currencies are currently listed on CoinCap.io, but Bitcoin still dominates 78 percent of the market. In total, there are only 10 digital currencies with a current market cap of $10 million or more. When looking at the most popular altcoins, it’s easy to see that there are some cryptocurrency features that are more desirable than others. Many have said that any altcoin with useful features will eventually see those features incorporated into Bitcoin. Up to this point, it’s clear that many of the most popular altcoins contain features that are similar to new improvements that are planned for Bitcoin. Read the full article on Bitcoin...

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Can you tell a fictional “thinkfluencer” from a real one?
May31

Can you tell a fictional “thinkfluencer” from a real one?

Don Tapscott is the inaugural fellow at the Martin Prosperity Institute in Toronto and one of the world’s “leading business thinkers,” according to Thinkers50, the “definitive list of management thinkers globally.” His 16th book, Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business and the World, was published on May 7. @ProfJeffJarviss is the self-described “hyperglocal thinkfluencer and the cofounder the Mogadishu//ReinvENT unconference.” @ProfJeffJarviss also happens to be a popular Twitter parody account and occasional blogger who deftly skewers the pomposity of tech executives, thought leaders and just about anyone who’s given a TED Talk. Sample Tweet: “Serious question: why does Lesotho have a seat at the UN, when Coca-Cola doesn’t?” Tapscott and the Twitter account have a few things in common, though—mainly an unflagging belief that technology will improve our lives, and a penchant for sweeping statements and buzzwords. @ProfJeffJarviss even took note of a recent series of Toronto Star articles guest-edited by Tapscott. Read the full article on Canadian...

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What you need to know about blockchain technology
May30

What you need to know about blockchain technology

Alex who, along with his father, Don Tapscott, is the author of the upcoming book Blockchain Revolution, explains how the technology can change lives. Q: Blockchain seems to have come out of nowhere to become a hot topic in technology and finance but few people seem to truly understand it. What is blockchain? A: We have spent two years researching this technology and have concluded, unequivocally, that blockchain technology is the second generation of the digital revolution. The first generation brought us the Internet of Information. The second generation – powered by blockchain – is bringing us the Internet of Value. So what is it? Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure, peer-to-peer, instant and frictionless. It does this by distributing trust from powerful intermediaries to a large global network, which through mass collaboration, clever code and cryptography, enables a tamper-proof public ledger of every transaction that’s ever happened on the network. And while 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. In short, it’s a new medium for value. Read the full interview on the Toronto...

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