Inside the Blockchain Revolution- An Interview with Alex Tapscott

An interview with @alextapscot on @huffpost: Inside the #blockchain revolution. #fintech

  • Just as the cloud hype panned out almost a decade ago (public, private, hybrid, PaaS, SaaS etc.), subsets of this technology with terms such as Hyperledger, The Ledger of Things and many more phrases are emerging.
  • As it happens, at the same time Don Tapscott (my co-author) was running a multi-million dollar research project investigating new ways of solving global problems using technology and one of the things he wanted to understand more was bitcoin as digital currency was full of intrigue.
  • To hack the bitcoin Blockchain would require an attacker to take over the whole network and rewrite the history of commerce in that Blockchain in a very short window across many computers – a very challenging task.
  • Furthermore I think there are lots of Blockchain use cases that do not require a full distributed permissionless network like Bitcoin and would be better served with something more “enterprise grade”

    Alex: “The best technologies are invisible.

  • Right now the governance network for Blockchain technology is nascent.

If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’s a lot…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”

Inside the Blockchain Revolution- An Interview with Alex Tapscott

  • Just as the cloud hype panned out almost a decade ago (public, private, hybrid, PaaS, SaaS etc.), subsets of this technology with terms such as Hyperledger, The Ledger of Things and many more phrases are emerging.
  • As it happens, at the same time Don Tapscott (my co-author) was running a multi-million dollar research project investigating new ways of solving global problems using technology and one of the things he wanted to understand more was bitcoin as digital currency was full of intrigue.
  • To hack the bitcoin Blockchain would require an attacker to take over the whole network and rewrite the history of commerce in that Blockchain in a very short window across many computers – a very challenging task.
  • Furthermore I think there are lots of Blockchain use cases that do not require a full distributed permissionless network like Bitcoin and would be better served with something more “enterprise grade”

    Alex: “The best technologies are invisible.

  • Right now the governance network for Blockchain technology is nascent.

If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’s a lot…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”

Inside the Blockchain Revolution- An Interview with Alex Tapscott

  • The promise of Blockchain technology is huge.
  • The more we did, the more convinced we were that this technology represented nothing short of the second generation of the Internet.
  • Each block references the previous block of data creating a chain of blocks.
  • The information is spread across multiple locations, a distributed ledger (database) that stores information/data, a block if you will, that has a unique ID that links to a block of data.
  • The term “Blockchain” to denote a chain of blocks.

If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”

Inside the Blockchain Revolution- An Interview with Alex Tapscott

  • The promise of Blockchain technology is huge.
  • The more we did, the more convinced we were that this technology represented nothing short of the second generation of the Internet.
  • Each block references the previous block of data creating a chain of blocks.
  • The information is spread across multiple locations, a distributed ledger (database) that stores information/data, a block if you will, that has a unique ID that links to a block of data.
  • The term “Blockchain” to denote a chain of blocks.

If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”

Inside the Blockchain Revolution- An Interview with Alex Tapscott

  • The more we did, the more convinced we were that this technology represented nothing short of the second generation of the Internet.
  • The promise of Blockchain technology is huge.
  • Each block references the previous block of data creating a chain of blocks.
  • The information is spread across multiple locations, a distributed ledger (database) that stores information/data, a block if you will, that has a unique ID that links to a block of data.
  • The term “Blockchain” to denote a chain of blocks.


If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”