How the Technology Behind Bitcoin Is Changing Money, Business, and the World
Ratings10
Average rating2.7
While it does explain some technical concepts and more importantly some of the big ideas in the Blockchain space, it does it while seeming to convey very little information. Incredibly bloated, it felt like the same thing was said every 5 pages about the brilliance of bitcoin from someone running a bitcoin startup. I would have preferred some more in depth approaches to how some of these things could be achieved and how they work. Blockchain voting, for example, is a very interesting use case but incredibly lacking in details. Iot and smart contracting is well explained but no discussion is given to the practical limitations of every piece of your car needing to have an internet connection. The book was written before NFTs really boomed so their omission is fair enough. Overall I feel my understanding of Blockchain has only been slightly improved by this book. Useful if you need to understand why your company is pivoting to Blockchain but you don't actually need to know anything specific about the Blockchain itself.
A pretty decent primer on blockchain technology but I have to say that after having read it I still don't think I could explain it. I found my way to this on Audible after spending a month on Steemit.com, a social media platform that pays crypto in Steem to its users as rewards for content curated by the platform's users. I'm keen to invite others to the paradigm, but without being able to explain it, it's a real problem. I thought this book would give me the info I needed, but it fell short.
Don't get me wrong - I did learn a lot from reading this, but it skirted over the surface of the technology by giving repeated examples of how useful the technology could be without really going into how it works. Of course explaining how it works could actually have made it rather turgid and dense as I'm not sure whether that can be explained to the layman very comprehensibly.
If you are looking for a book to illustrate what is the potential of Bockchain in future and how it can impact our life you just find your book. Buckle up and get ready for fast journey to the future could be introduced by Blockchain. Tapscotts did pretty good job to elaborate what is Blockchain and how it can effect our surroundings. The book starts with what is the Blockchain, how it have been started and what kind of problem it can tackle. As an example Tapscotts bring up the data breach problem and show even well known organizations are not immune, chief among them Ebay 145 millions user's data compromised and Sony 77 million users data compromised; which caused by centralizing data and make it vulnerable. Problem and roadblocks caused by current technology are discussed with proper example, afterward it clarified how Blockchain could be pretty good candidate to resolve those issues with dissent examples.
This book is go beyond reality and illustrated what could be possible with Blockchain technology. Some might call it too imaginary or unrealistic, however I enjoyed the book and got some idea. I could picture what could be the outcome of this revolutionizing technology. As a person with IT background and have good understanding about the technology in use within Bloackchain and the impediment we have in current infrastructure, I might take some explanation for granted and get along better than people with no IT background.
Problems and challenges that might be introduced by Blockchain technology have been discussed toward the end of the book. It predicated some issues are inevitable and recommend decision makers should not blame the technology for it's misuse.
Some changes predicted within the book had happened in a way or another and look like Blockchain have pass it's embryonic stage and it becoming self fulfilling prophecy.
I'd summarize this book with the following quote:
“if all you have is a hammer, everything looks like a nail”
Blockchain is here to change the world, but not all problems will be solved with the blockchain as the author sometimes implies.