The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements. 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.
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.
This was a rather good book to explain how Blockchains actually work and what kind of future applications they might have. It’s not too focused on bitcoin and other cryptocurrencies but takes a broad perspective on blockchains, as it should.
For rather technical oriented people who are interested to understand what blockchains actually do.