Blockchain Revolution - Deepstash
Blockchain Revolution

Blockchain Revolution

Don Tapscott, Alex Tapscott

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 DON TAPSCOTT

“Privacy is the foundation of free societies.”

DON TAPSCOTT

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380 reads

 DON TAPSCOTT

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

DON TAPSCOTT

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352 reads

Challenges in adopting blockchain

Challenges in adopting blockchain

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.

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328 reads

The internet is the backbone of our modern world

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.

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277 reads

Trusting banks

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.

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244 reads

Internet and security

  • 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.
  • 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.
  • Blockchain is a system of verification that makes it impossible for hackers to make changes without being noticed. It also doesn’t allow old entries to be changed, since no one entity controls the blockchain.

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202 reads

 DON TAPSCOTT

“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.”

DON TAPSCOTT

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178 reads

 DON TAPSCOTT

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

DON TAPSCOTT

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168 reads

 DON TAPSCOTT

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

DON TAPSCOTT

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167 reads

 DON TAPSCOTT

“Let the code speak for itself.”

DON TAPSCOTT

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121 reads

BOB GREIFELD, FORMER CEO OF NASDAQ

“ 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

BOB GREIFELD, FORMER CEO OF NASDAQ

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175 reads

 DON TAPSCOTT

“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.”

DON TAPSCOTT

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178 reads

CURATED BY

micaldw

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