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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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Fair trade music: Musicians should be fairly compensated for the value they create.
Sep30

Fair trade music: Musicians should be fairly compensated for the value they create.

In June, we participated in a session at Canadian Music Week in Toronto, about how the music industry is at a turning point. We argued that the blockchain revolution provides a new technology where musicians can finally be fairly compensated for their work. Since then there have been some exciting developments. Read the article by Imogen Heap and Don Tapscott on the Toronto Star. Image: British singer-songwriter Imogen Heap speaking at TechCrunch conference in London. (GETTY...

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Blockchain Could Be Music’s Next Disruptor
Sep22

Blockchain Could Be Music’s Next Disruptor

Artists can finally get what they deserve. Anyone who follows the music industry knows of the tussles between artists and those who rely on their creative output. The traditional food chain is a long one: between those who create the music and those who pay for it—music lovers, concert goers, advertisers, rights licensees, and corporate sponsors—there are publishers, producers, and talent agencies, and countless others with a stake in the industry. Each of these intermediaries takes a cut of the revenues and passes along the rest, the remainder of which eventually reaches the artists and musicians somewhere between 6 and 18 months. Read the full article by Imogen Heap and Don  Tapscott on...

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First International Translation of Blockchain
Sep14

First International Translation of Blockchain

Blockchain Revolution’s first international translation is underway!  The book will be available in China on September 21st.  Don Tapscott announced the book launch at his speech to Tencent in...

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Top executives vow to facilitate healthy blockchain ecosystem
Aug31

Top executives vow to facilitate healthy blockchain ecosystem

A group of blockchain practitioners, advocates, theorists and policy experts, calling themselves the “Muskoka Group”, met at the family compound of Don and Alex Tapscott, authors of Blockchain Revolution from August 24-26th, 2016 to discuss how the blockchain ecosystem can most effectively move forward to ensure that this technology fulfills its potential. 14 executives signed the ten major recommendations and actions discussed during the meeting. These mainly focused on improving the health of blockchain ecosystem by facilitating global communication to explain the power and potential of blockchain; launching a campaign to help overcome misconceptions about the technology; launching the Blockchain Hub; taking advantage of the Linux Foundation; develop a roadmap and action plan for future government leaders; actively support the Chamber of Digital Commerce; explore launching a syndicated research program into Blockchain use cases and more. Read the full article on...

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Blockchain’s Backers Embark on Campaign to Improve Its Image
Aug30

Blockchain’s Backers Embark on Campaign to Improve Its Image

Blockchain experts who convened for a three-day conference plan a campaign to fight misconceptions about the technology, which they say is unfairly perceived as insecure and susceptible to criminal activity. Attendees at the conference, called the Muskoka Group, also agreed last week to conduct research to advance the blockchain and develop a strategy for government leaders to adopt the technology. The group also will seek to show that the blockchain can be applied beyond financial services and offers more than just opportunities to save money. Don Tapscott, co-author of the book “Blockchain Revolution,” hosted the meeting with his son and co-author Alex Tapscott at his family’s summer compound in Lake of Bays, Ontario. The group included some of blockchain’s biggest backers, including people with ties to IBM and JPMorgan. They considered ways to improve the governance and oversight of the technology behind the digital currency bitcoin as a way to fuel the industry’s growth. Read the full article on...

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