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What Is Blockchain? A User-Friendly Guide for the Enterprise

  • Добавил: literator
  • Дата: 1-10-2019, 17:38
  • Комментариев: 0
Название: What Is Blockchain? A User-Friendly Guide for the Enterprise
Автор: Sir John Hargrave, Evan Karnoupakis
Издательство: O’Reilly Media, Inc.
Год: 2019 (2020 Edition)
Страниц: 61
Язык: английский
Формат: epub, pdf (conv)
Размер: 10.1 MB

Everyone’s talking about blockchain. This exciting technology has the potential to impact our lives in much the same way as the internet did, but few understand how it actually works. Written for business technology leaders, this report breaks down the complexity of blockchain into plain language and simple illustrations so you can easily explain it to your colleagues.

“What is blockchain?” Ask 50 technology leaders this question, and you’ll probably get 50 different answers. We created this report for business technology leaders who need to understand—and explain to their colleagues—this groundbreaking technology. Packed with user-friendly analogies and real-life examples, this brief report will give you the knowledge to talk confidently about how blockchain can benefit your business.

Blockchain is the Internet of Money. If we take a broad definition of money to include not just cash, but anything of value—stocks and bonds, gold and silver, frequent flyer miles, Starbucks rewards points—blockchain is the Internet of Money.

Just as today’s internet let us freely share information, blockchain lets us freely share value. Think about how the internet has revolutionized information: the sum total of human knowledge is now accessible from a device that fits in your pocket! Any fact, available at anytime, anywhere in the world. We are living in the Information Age, an explosion of internet-fueled knowledge that will out-Renaissance the Renaissance. But the internet was only Act 1. Blockchain is Act 2, allowing money to be shared as easily as sending email. In fact, we can look upon the past 50 years as an evolution from paper to digital technologies. Digital delivery is faster and cheaper than pushing paper. It’s trackable and auditable. It generates data, which can be fed back into computers for analysis and improvements, making things faster and cheaper still.

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