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Blockchain Cloud Cyberinfrastructure Education Globalization Innovation Network OpenSource Reading Technology

Latest Read: Blockchain Basics

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.
Blockchain BasicsDaniel 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.

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Blockchain Cloud Cyberinfrastructure Education Globalization Innovation Network OpenSource Reading Technology

World Economic Forum: The Blockchain

The blockchain is the future of financial infrastructures. This is certainly an ambitious look at how blockchain can reshape financial services. The World Economic Forum posted a PDF view of the Blockchain’s pragmatic impact upon global financial services and this is a very visual read addressing a great deal of research.
The future of financial infrastructure An ambitious look at how blockchain can reshape financial services

The key areas of focus are blockchain technologies that can push simplicity and efficiency:

  1. Blockchain has the potential to drive simplicity and efficiency by establishing new financial services infrastructure and processes
  2. Distributed ledger technology will form the foundation of next generation financial services infrastructure in conjunction with other existing and emerging technologies
  3. Similar to technological advances in the past, new financial services infrastructure will transform and question traditional orthodoxies in today’s business models
  4. The most impactful distributed ledger technology applications will require deep collaboration between incumbents, innovators, and regulators, adding complexity and delaying implementation

The opportunity to create new financial service infrastructure based upon high level information security. Therefore, the blockchain is looking to launch next generation financial services infrastructure. The report’s use case focus considers how blockchain technology can benefit multiple scenarios across future financial services.

In conclusion this report is a follow-up to a Deloitte/World Economic Forum report Disruptive Innovation in Financial Services. This report analyzes blockchain across nine sectors of financial services.

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Blockchain Cloud Cyberinfrastructure Design Education Globalization Innovation IoT Network OpenSource Reading Technology

Latest Read: Blockchain – Blueprint for a New Economy

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.

Blockchain - Blueprint for a New EconomyMelanie, 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.

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Blockchain Cloud Cyberinfrastructure Education Globalization Innovation Network OpenSource Reading Technology

Latest Read: The Business Blockchain

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.
The Business Blockchain: Promise, Practice, and Application of the Next Internet TechnologyMougayar 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.

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Blockchain Cloud Cyberinfrastructure Design Education Globalization Innovation IoT Network OpenSource Reading Technology

Latest Read: The Blockchain Revolution

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.

The Blockchain RevolutionTapscott 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.