“Sort of the ultimate Tamagotchi, the blockchain is a globally distributed nest egg.”

“We believe that blockchain technology could be an important tool for protecting and preserving humanity and the rights of every human being, a means of communicating the truth, distributing prosperity, and—as the network rejects the fraudulent transactions—of rejecting those early cancerous cells from a society that can grow into the unthinkable.”

You might be skeptical of a seller who refuses to use banks or notaries, and for good reason. Banks have long served as the middleman between buyers and sellers by authenticating transactions and ensuring that property titles are correct. However, there’s no guarantee that the bank itself is trustworthy. Banks can go bankrupt and lose money by making bad deals, companies like Uber sell customer data without getting consent from customers, and governments are capable of going bankrupt themselves.

Trusting banks

“ I’m a big believer in the ability of blockchain technology to effect fundamental change in the infrastructure of the financial service industry.” Bob Greifeld, CEO of NASDAQ

“Every cultural industry is up for disruption, and the promise is that creators get fully compensated for the value they create.”

One of the biggest challenges to the adoption of blockchain technology is education.It is a highly technical topic that one cannot fully learn and understand in one briefing, meeting or discussion. It truly takes a concerted study.

Challenges in adopting blockchain

“Creating a complete picture of a company financial health, by looking at periodic financial statements, is like turning a hamburger into a cow”

However, it took a while for people to realize how useful it was. Similarly, Bitcoin is the currency that will power blockchain technology in this century.But before you can understand its usefulness, you need to know how to use it and earn your first bitcoins.

The internet is the backbone of our modern world

<ul><li>The internet is a powerful tool for communication, but it lacks the security necessary to conduct big transactions. However, there’s a new technology that might change this perception of the internet in the future.</li><li>Blockchain technology is a way of managing transactions. It makes it possible for people to bypass traditional banking authorities by making all transactions transparent and decentralized so that everyone involved can see what’s happening with the database.</li><li>Blockchain is a system of verification that makes it impossible for hackers to make changes without being noticed. It also does<warningtag>n’t allow old entries to be changed, since no one entity controls the blockchain.</warningtag></li></ul>

Internet and security

“Let the code speak for itself.”

“Privacy is the foundation of free societies.”

“Governments that wish to repress the voices of citizens everywhere and have captured technologies like the Internet to silence dissidents and block outside media will find blockchain technology significantly more challenging.”

The first, foundational book on blockchain technology, from the bestselling author of Wikinomics Don Tapscott and blockchain expert Alex Tapscott, now in paperback with a new preface and chapter explaining recent developments in the world of blockchain, including cryptoassets, ICOs, smart contracts, and more. “This book has had an enormous impact on the evolution of blockchain in the world.” —Satya Nadella, CEO, Microsoft Corporation In this revelatory book, Don and Alex Tapscott bring us a brilliantly researched, highly readable, and essential book about the technology driving the future of the economy. 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 best known as the technology that drives bitcoin and other digital cur­rencies, it also has the potential to go far beyond currency, to record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims, land titles, and even votes. As with major paradigm shifts that preceded it, blockchain technology will create winners and losers. This book shines a light on where it can lead us in the next decade and beyond.

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The first, foundational book on blockchain technology, from the bestselling author of Wikinomics Don Tapscott and blockchain expert Alex Tapscott, now in paperback with a new preface and chapter explaining recent developments in the world of blockchain, including cryptoassets, ICOs, smart contracts, and more.   “This book has had an enormous impact on the evolution of blockchain in the world.” —Satya Nadella, CEO, Microsoft Corporation In this revelatory book, Don and Alex Tapscott bring us a brilliantly researched, highly readable, and essential book about the technology driving the future of the economy.    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 best known as the technology that drives bitcoin and other digital cur­rencies, it also has the potential to go far beyond currency, to record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims, land titles, and even votes.    As with major paradigm shifts that preceded it, blockchain technology will create winners and losers. This book shines a light on where it can lead us in the next decade and beyond.

Don Tapscott is an accomplished writer whose work has resonated with readers around the world. Don Tapscott has published several books that explore a range of topics, from fiction to nonfiction, and has received critical acclaim for the ability to weave compelling narratives. Don Tapscott's writing style is known for its depth and authenticity, and has earned quite a loyal following of readers.

Don Tapscott

Alex Tapscott is the CEO of NextBlock Global a digital asset company. Previously, he worked for seven years in investment banking in New York and Toronto.

BOB GREIFELD, FORMER CEO OF NASDAQ

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