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Blockchain
Video

Blockchain

It’s Going to Radically Transform Our Society’s Institutions


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Editorial Rating

7

Qualities

  • Visionary
  • Concrete Examples
  • For Beginners

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.

Take-Aways

  • The “first generation of the Internet” – the era of the World Wide Web – excelled at exchanging data, but it didn’t allow value or money to change hands, so its business applications were wanting.
  • The “second generation of the Internet” – the era of blockchain – addresses this shortcoming by enabling peer-to-peer value creation.
  • A blockchain is a public distributed ledger that runs on millions of computers. It resembles a “global spreadsheet…where information can be stored in a way that’s immutable and incorruptible and unchangeable.”

About the Speaker

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