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”
Makers: The New Industrial Revolution is the best book hi-lighting the impact Makers have established over the last five years. The Maker movement is growing due to the collision of powerful digital tools, the internet of things and cost effective manufacturing. As a child I always wished for these advanced tools to bring to life my ideas, inventions and the toys my childhood friends would talk about and dream about making.
My ideas for creating art was always apart of my Saturday art classes at the Toledo Museum of Art. The drawings I kept of my inventions have all but disappeared.
This is where Makers: The New Industrial Revolution comes into focus for parents and educators today a generation later. What is making this possible? The industrial global supply chain has driven the cost of affordable powerful IoT including the new $5 Raspberry Pi Zero that will drive new innovations at incredibly efficient price points.
We should be careful at home because the world is embracing these technologies. Remember Anderson shares his belief that inventors and creative types are actually makers. Now this is happening on a truly global scale.
If the buzz of 3D printers and filament reels make your eyes glaze please remember that YouTube is the best example of Makers sharing their passion. Look at any dedicated YouTube channel – say woodworking- and you will find Makers creating and uploading passionate lessons regarding their craft. Look no further than Esty for a commercial success as a reseller of Maker’s crafts now listed on the New York Stock Exchange. Simply unheard of just 5 years ago.
Continue reading “Latest Read: Makers: The New Industrial Revolution”
Makers by Cory Doctorow is the fiction book about the Maker movement. Doctorow writes about two makers Perry and Lester who invent seashell robots that make toast or modified Elmo dolls that can drive a cars.
The companies of Kodak and Duracell closed and their product inventories are absorbed by venture capitalists with a noted blogger along side writing the story of their new company.
The story goes kinda weird when Perry and Lester begin building interactive rides in abandoned Walmarts in the New World world.
But as they find success they suddenly find themselves on the defensive as a Disney executive plans an aggressive attack on the interactive rides by convincing police that Perry and Lester are actually using 3D printers manufacture AK-47s assault rifles. Kinda went off the deep end for me.
As much as I generally dislike fiction this is a title that is focusing on the Maker movement and I really wanted to see a creative story about the promise and implementation of makers shifting the economy in small steps from their home garage or workshop. My interest regarding digital fabrication machines including CNC milling.
If you are looking for a better understanding of the Maker movement in general I would strongly suggest Chris Anderson’s book Maker The New Industrial Revolution as the best and most inspirational text to see how Makers are shaping the world around you.
Making Makers is a wonderful book for parents and educators who are interested about how to guide their children to become “makers” to improve their live and chase their dreams and childhood curiosity.
By reading stories of noted inventors and creators you learn how important it is for children to become makers as the world is changing rapidly with advanced, personal, affordable technologies and why it is crucial to encourage today’s youth to be makers.
Lifelong creativity is a learned skill. The role of online learning communities today including eduX and Coursera have helped develop and establish tools to foster interests in topics explored in childhood. I believe this is a book every parent of a child should be reading today regardless of their age.
The role Makers will play in the immediate future are already being established. Again this is an opportunity for parents and educators to give their children a step up in developing new skills not only for school but also for their interests and developing new talents with friends or groups.
Maybe the most important aspect of the book is really all about how a parent can identify and foster the Maker inside their child. For many parents who have also become part of the content mindset and may have lost their way to reviving their own Maker experiences from childhood this serves as a guide to help further their own personal growth and redevelopment of their interests.
Tim Wu’s second book The Master Switch: The Rise and Fall of Information Empires is wonderful examination how American information empires were established and stifled innovation at the same time. This is my second book by Wu following his brilliant Who Controls the Internet.
Wu identifies long business cycles surrounding the birth of information systems. While they begin open over time they were consolidated and driven by the market to become closed.
We displays how they become open again following amazing innovations force a business change in order to survive in the new marketplace.
The Master Switch opens with the birth of the Bell AT&T telephone monopoly. This is a facinating story when held against the garage startups of Apple and Google.
There is an amazing look at how countries and cultures also view information empires differently. The case for Wu is the capitalist, independent market approach to radio vs the UK’s BBC dominated by the royal family.
The Master Switch reveals how four key markets actually hold government infrastructure: telecommunications, banking, energy and transportation. These four and their capitalist owners for generations established control over any citizen’s attempt at challenging their monopolies. The lesson Wu establishes is corporate control by closed technologies. Yet one cannot help but understand they magically protected the country from the devastating affects of revolution leading up to and more importantly the horrific aftermath of World War I that forever removed Paris as the hub for film entertainment.
Continue reading “Latest read: The Master Switch: The Rise and Fall of Information Empires”