Summary of Blockchain

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Rating

7

Qualities

  • For Beginners
  • Visionary
  • Concrete Examples

Recommendation

In this informative talk, digital strategist Don Tapscott delivers an accessible introduction to blockchain technology and sketches several ways it could revolutionize society. He draws comparisons between the dawn of the World Wide Web and blockchain’s evolution to underscore the enormity of this new development. getAbstract recommends Tapscott’s briefing to technical laggards who are unaware of the magnitude of blockchain’s potential.

About the Speaker

Digital strategist Don Tapscott has written several books on the economic and social impact of technology.

 

Summary

In his 1994 book The Digital Economy, Don Tapscott predicted many of the opportunities and threats that the nascent World Wide Web would eventually summon: increasing wealth creation coupled with rising social disparities, GDP growth minus significant job creation, the rise of data as an asset, and a surrender of privacy to companies and governments. While the “first generation of the Internet” excelled at exchanging data, it didn’t allow value or money to change hands, so its business applications were wanting. Blockchain is spawning a “second generation of the Internet” that addresses this shortcoming by enabling peer...


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