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.
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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.
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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.
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Joe Galloway and Hal Moore wrote We Were Soldiers Once And Young about their battle in the Ia Drang Valley. They reveal a deeper tragedy around the tipping point battle that would haunt America for a generation. As always the book is better than the movie.
The battle of the Ia Drang Valley casts a long shadow over America’s role in Vietnam. It carries implications today. The ambush and loss of 155 Americans from a single battle (LZ Albany) was the largest loss of life throughout the entire American war including the siege at Khe Sanh and the Tet Offensive. Please recall Khe Sanh was a six month siege while the Ia Drang Valley was less than 48 hours.
America’s fast growing role in Vietnam was largely based upon the Ia Drang Valley. The White House would establish “body count” as the measured outcome. At the same time I somehow missed that Norman Schwarzkopf marched into Ia Drang at LZ X-Ray the day after the battle.
Galloway has written an excellent account of the Air Cav surviving LZ X-Ray and also the failures of command moving troops to LZ Albany on the ground. His attention to detail unique that every man in battle is identified by name and hometown…many times the following paragraph revealed that soldier’s death. Three cities where I have lived lost men in the Ia Drang Valley. One solider killed on the second day at LZ X-Ray lived 9 miles from our home in Milwaukee. Young men from greater Chicago and Northwest Ohio also died in battle.
As portrayed in the opening sequence of the movie based upon this book, NVA soldiers executed wounded Americans in the Ia Drang Valley. The history of war in Asian culture is much harsher than in Europe.
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Have been looking forward to Tom Davenport’s Keeping Up with the Quants: Your Guide to Understanding and Using Analytics for longer than I care to admit. I throughly enjoyed his book Competing on Analytics all the way back in 2008. His followup Big Data@Work provides the same scope for business regarding the emerging era of Big Data.
Tom has truly mastered the role of business analytics for well over two decades. He is acknowledged as revealing the path of metrics and just as important how success can be defined by adopting a mindset of analytics over intuition. It should be no surprise that I am a big fan of Tom Davenport.
Seems like a lifetime ago in the competitive and fast changing world of analytics. Quantitative analysis with a side of regression is not a diner order but a key skill to identify patterns in data.
An easy read with great common sense approaches for leaders to understand and professionals to embrace it proves not only how business gains insights but how to defend Kobe Bryant.
On the heels of reading Nate Silver’s bestseller The Signal and the Noise, Davenport reveals how quants have not only broken down NBA basketball defensive measures to each quarter when playing Bryant and the Lakers but how to guard him in a last possession game scenario.
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Superforecasting: The Art and Science of Prediction by Wharton’s Philip Tetlock and Dan Gardner is another great read addressing analytics, human behavior and analytic technologies for establishing and sharpening forecasting abilities for any organization.
The book title is a wonderful attention grabber for me that demonstrates we live in the era of big data with business driving the age of immediacy.
Superforecasting acknowledges data lessons supplied by Nate Silver’s The Signal and the Noise as helping to define standards to data and how it misled the national media.
Yet just into the second chapter Tetlock and Gardner point to the research by Daniel Kahneman excellent work Thinking Fast and Slow to help determine behaviors shaped over time that have fundamentally changed how we predict success.
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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.
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The emerging IoT developer community received a much anticipated jolt of news when Amazon finally announced new enterprise services dedicated to the AWS IoT cloud launch at their 2015 re:Invent conference.
This new AWS IoT cloud service will permit web based interfaces to manage IoT events from various devices: sensors, wearables, drones, and of course mobile tools and apps around an established AWS ecosystem.
The AWS IoT cloud emerges as Amazon’s long term platform following the SalesForce Thunder platform announced last month. Both vendors look to establish key IoT cloud solutions in the corporate enterprise space. They join Cisco’s IoT, Microsoft’s Azure IoT, Oracle’s Movintracks along side GE’s energy launch of Current IoT. The race is now on to process millions of data events from light bulbs to dishwashers and cars over the MQTT protocol and process those messages in their respective clouds.
Amazon is leveraging 11 services around their IoT Cloud strategy to include existing AWS services: Kinesis, Redshift, S3, SNS, SQS, ML, DynamoDB and Lambda. A key investment to this strategy was the recent acquisition of 2lemetry, a IoT enterprise company tuned for transforming raw data from IoT devices onto their ThingFabric platform.
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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.
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Over breakfast this weekend at a popular farmhouse two high school teachers sat next to me to discuss how their respective LMS solutions made teaching difficult. Both were from wealthy suburbs outside Milwaukee. What really peaked my interest was hearing how one spent over 45 minutes trying to add polling for in-class feedback.
I helped lead the adoption of a Moodle LMS at a private Wisconsin college in 2007 that is still in use today and also had the pleasure of attending a conference at UW-Madison with Martin Dougiamas the founder of Moodle.
Yet over that breakfast I was intrigued by their difficulty with all things LMS for the upcoming school year. Frustration ranged from how one teacher received no LMS training (poll example above) while the second teacher spoke about her district migrating to a new LMS vendor over the summer.
Of course no technology discussion can avoid a teacher mentioning K12 servers going offline for hours during the school day making their teaching even more difficult. Seems like teachers have a lot to confront on a daily basis in delivering education to a classroom of twenty plus students. A local LMS run from an empty closet is no longer acceptable.
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It took me four years to locate Why Viet Nam?: Prelude to America’s Albatross by Archimedes Patti. US Army Lieutenant Colonel Patti joined the OSS (CIA) and was assigned to Indo-China in January 1944 six months before D-Day. This is one of those rare books that layout the foundation of America’s role in Vietnam before the end of World War II.
The strong Vietnamese opposition to French and British efforts to re-colonize IndoChina after World War II for natural resources. Sound familiar? Patti provides surprising details regarding the CIA’s established relationship with Ho Chi Minh and the Viet Minh.
This is simply a must read to understand how the CIA, US Army and US State Department established a foundation for IndoChina during World War II.
Yet for all of Ho’s efforts Patti reveals from D-Day to the dropping of the atomic bomb that old white European leaders alone determined the future of IndoChina with a second run of colonial exploitation of Vietnamese, Thai and Cambodian peoples.
Patti was able to document the original developing political structures in Asia by the middle of World War II. Patti began meeting with Ho Chi Minh and Vo Nguyen Giap. He writes how both developed an independant and nationalist view of Vietnam’s future vs continued European and Chinese colonialism.
Make no mistake Dean Acheson established the “creation of an American world order” while Patti was the CIA officer on the ground. The CIA and State Department’s initial records on Ho Chi Minh were established in a cable written on December 31 1942 as the CIA was seeking French relations with Texaco in IndoChina.
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Death of a Generation: How the Assassinations of Diem and JFK Prolonged the Vietnam War by Howard Jones is a compelling well written topic that focuses on the critical years of the Kennedy Administration and the evolving US war in Vietnam. Jones has painstakingly researched how Diem was a key part of the increase of Vietcong success in and around Saigon from 1960.
The first half of the book details the repeated frustration all political and military leaders had with Diem only to see in 1961 the transfer of power to his brother Nhu.
Jones brings the opening eight chapters into focus on Diem’s inability to reform the political and social process in the south, locking his family into full control of the country’s wealth. The role of the US ambassadors were to move the Diem family towards democracy. We never succeeded.
At the same time the coming crisis is revealed with behind the scenes accounts of the multiple clashes within the Kennedy Administration. This contributed to Kennedy’s lack of trust with the Joint Chiefs of Staff following their Bay of Pigs fiasco. Jones has done well to bring the European and Cuban conflicts into the scope of how the US was approaching Vietnam, and ultimately China and the Soviet Union.
The Battle of Ap Bac in 1963 proved to be a perfect sign of how bad the South would fight in their first major battle. John Paul Vann‘s role in Ap Bac is now legendary. Coupled with the June Buddhist crisis and the worldwide attention to the self-immolation of Quang Duc which forever turned the south against Diem and his family. It was the fallout of this event that the Kennedy administration began exploring how to engineer a coup de tat.
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