The Blockchain Basics by Daniel Drescher. This is a very basic blockchain book. I would recommend this to someone completely unfamiliar with blockchain. Daniel hits his mark as he places a repeated template for each step. In this design, I felt the book had trouble flowing for anyone who has already read a blockchain textbook.
Daniel pushes the elementary lessons through 25 steps.
There is a very basic outline to the security of the blockchain. Again this book has a specific target audience: Newbie.
I have to admit that I was bored reading the text. yet was impressed by the lessons and related topics that are presented.
Yet his lessons and related topics are simple to follow. For an overall tip of the iceberg, you can fly through this book and then move to Don Tapscott, William Mougayar and Melanie Swan.
When Melanie Swan’s book Blockchain: Blueprint for a New Economy written under the O’Reilly series was available I was eager to start reading. This is a thoughtful overview to the Blockchain. There is much to learn about the role of cryptocurrency and the blockchain but this is not the sole focus of her work.
Melanie, like Tapscott paints a wide brush across the Blockchain. Too similar to Tapscott perhaps? No. If the blockchain’s focus was just security then it would command a smaller, narrow focus on IT infrastructure. Yet Melanie provides a wider arena to learn how Blockchains especially in healthcare hold enormous possibilities.
My first book Don Tapscott’s The Blockchain Revolution was interesting. William Mougayar’s The Business Blockchain was better. My thirst for knowledge continues.This is possibly the best of the three at providing a deeper dive to the possibilities of a truly changing technology.
Continue reading “Latest Read: Blockchain – Blueprint for a New Economy”
William Mougayar’s new book The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology provides a blueprint overview that compliments Tapscott’s Blockchain Revolution previously reviewed. Mougayar is able to specifically touch on the Blockchain’s architecture. Tapscott painted with a wide brush addressing everything possible with the Blockchain’s decentralized trust solution.
Mougayar moves slightly forward addressing v 3.0 aimed at audiences wider than banking. A key view is that Blockchain will not just be for the enterprise. This will create a new crypto economy. It will be interesting to watch this grow. Care to take a live look? Here is the blockchain.info site.
He views the blockchain will revolutionize the roles of existing financial intermediaries including PayPal. Blockchains will force change upon them. They can adapt or die like the dinosaurs. Blockchains will disrupt oldschool, imperial organizations as the trust boundary shifts value away from them after hundreds of years.
Banks are clearly the key target of the blockchain infrastructure. To no surprise even the Federal Reserve has been given a blockchain briefing in June. The focus byMougayar beyond another blockchain overview is a breakdown of trust, obstacles and challenges to the Blockchain technology. The issue is much stronger in the financial services marketplace as Wall Street and international banks are now testing blockchains. He touches briefly implementing Blockchain technologies and closes by pushing the message of decentralization as a key in moving forward.
Continue reading “Latest Read: The Business Blockchain”
Blockchain as a financial technology (FitTech) surged in late 2015. Wall Street banks and other international financial firms stress tested this technology and are investing in blockchain infrastructure. Even Janet Yellen and The Federal Reserve received a blockchain briefing within June.
Don Tapscott’s Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World is a worthy introduction to this advanced security ledger technology. This book is NOT about Bitcoin.
Tapscott paints with a wide brush across the underlying architecture. Looking for blockchain infrastructure, cryptocurrency or blockchain as a service than take a glance at the table of contents. O’Reilly’s Blockchain books are more targeted to tech folks anyway.
Hard to believe I have been a fan of Don’s writing for over 10 years. Just looked at my review of Wikinomics and MacroWikinomics, his previous books published way back in 2006. His follow up Macrowikinomics was released in 2008. It was interesting to me to understand Don lightly wrapped an element from Wikinomics called Ideagoras into The Blockchain Revolution. Sometimes you just cannot leave home….
Clearly FinTech sees the blockchain’s potential to disrupt their world. The focus for Tapscott is how to address Blockchain beyond Wall Street. The blockchain allows participants of public and private distributed systems to agree on a common view of a system and track changes across those systems with highly secure encryption. Security is also the core of healthcare blockchains with the focus on the crypto in cryptocurrency.
Continue reading “Latest Read: The Blockchain Revolution”