The Web, All Over Again

The Web, All Over Again

Blockchains are new technology layers that rewire the Internet and threaten to side-step older legacy constructs and centrally served businesses. At its core, a blockchain injects trust into the network, cutting off some intermediaries from serving that function and creatively disrupting how they operate. Metaphorically, blockchains are the ultimate non-stop computers. Once launched, they never go down, and offer an incredible amount of resiliency, making them dependable and attractive for running a new generation of decentralized services and software applications.

The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other before. William Mougayar anticipates a future that consists of thousands, if not millions of blockchains that will enable not only frictionless value exchange, but also a new flow of value, redefining roles, relationships, power and governance. In this book, Mougayar makes two other strategic assertions. First, the blockchain has polymorphic characteristics; its application will result in a multiplicity of effects. Second, we shouldn’t ask ourselves what problems the blockchain solves, because that gives us a narrow view on its potential. Rather, we should imagine new opportunities, and tackle even more ambitious problems that cross organizational, regulatory and mental boundaries.

The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World

An understanding of how Bitcoin is changing the future of finance, and even the nature of the Internet itself, is mandatory for anyone looking to invest in or prepare for new trading platforms. Uniquely, The Bitcoin Big Bang emphasizes the technological underpinning of Bitcoin – the “blockchain.”

Whether Bitcoin is or isn’t a legitimate currency is, according to Brian Kelly, next to irrelevant.

With its ability to record every Bitcoin transaction and securely transfer value over insecure networks,

the blockchain is a game changer.

Ultimately, The Bitcoin Big Bang answers one of the most pressing questions in finance, business, government, and beyond: “What is Bitcoin and how will it change the world?”

It is a story of evolution.

It is the evolution of currencies, payment systems, how money is used, financial services, and even the way business is organized. It is that moment when you realize the world has changed, permanently and forever. Evolution is a laborious grind, until BANG – everything changes at once.

Eventually mainstream products, companies and industries emerge to commercialize it; its effects become profound; and later, many people wonder why its powerful promise wasn’t more obvious from the start. What technology am I talking about? Personal computers in 1975, the Internet in 1993, and – I believe – Bitcoin in 2014. ~ Marc Andreessen, inventor of the Web browser and cofounder of Netscape

From the book:

The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World