Tag: business

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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

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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Cloud Cyberinfrastructure Design Education Globalization Innovation IoT Network Reading Technology

Latest Read: Keeping Up with the Quants

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.
Keeping Up with the Quants: Your Guide to Understanding and Using Analytics 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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Cloud Cyberinfrastructure Design Education Innovation Reading Technology

Latest read: Superforecasting

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.

superforecasting the art and science of predictionThe book title is a wonderful attention grabber. We certainly live in the era of big data. Today business is driving the new 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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Latest Read: Makers: The New Industrial Revolution

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.

Makers The New Industrial RevolutionMy 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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