Blockchain is transforming business. What's your strategy? Forward-thinking organizations such as the Australian Stock Exchange, Equinor, the City of Austin, and dozens of others are exploring how blockchain can transform the way they create and seek value. Whether to streamline multi-party processes, create and trade new assets, or leverage artificial intelligence and the Internet of Things, blockchain enables entirely new business opportunities.
This is just the start. As blockchain is more widely adopted, it has the potential to radically reinvent the way companies and societies operate, as radical a paradigm shift as happened with the launch of the internet.
The Real Business of Blockchain is one of the first books on this transformative technology written for business leaders. Authors David Furlonger and Christophe Uzureau--both of Gartner, the world-renowned research and advisory company--will help you:
Assess how blockchain will impact your business by cutting through the hype and finding the real story Explore the value proposition that blockchain technologies offer Make smart near- and mid-term investments in your blockchain strategy Position you and your organization in a new competitive landscape in the future Timely, visionary, and practical, The Real Business of Blockchain cuts through the hype and helps you unlock the vast potential of this transformative and potentially world-changing technology.
The book cover how blockchain is influencing business with new value proposition. The technology with five major elements, which make it best among current digital world. Distribution, Encryption, Immutability, Tokenization and Decentralization make blockchain unlock value in transparent business. The blockchain solution have inspired by society, organization and government .The solution are moving in direction of decentralization and programmable path in consortia .The blockchain are bringing transparency and rewards with same power for all. The worker or leaders choose to work together on same information. The organization are likely to move away from hierarchy to holacracy (no differential authority).and equal participation by all stakeholders. Interesting to situation where leading where there are no followers. The leadership styles and behavior will set new paradigm changes in time to come by adoption of blockchain-inspired solutions. The early adopters will definitely have new learning from new way to engage and participate in business. The book has insightful and remarkable use cases of decentralized autonomous organizations.
This book is a great resource for any leader looking to better understand the changes that blockchain technology is bringing to our world. The authors lay out their thesis in a thorough and thoughtful manner while providing a host of insightful questions to help you develop your own plan of action for using blockchain to reengineer business relationships, monetize illiquid assets, and redistribute existing data and value flows. If you are still fairly new to the topic, this book is a great place to start your education.
Favorite Quote: “This is reality - our reality. A handful of organizations worldwide hold vast reams of customer and company data. We handed it to them in exchange for added convenience and cool new gadgets. They don’t need to have nefarious goal a la Big Brother for centralization of those resources to have unappealing economic and societal consequences.”
A blockchain specialist from Gartner writes this book. It was interesting to learn the blockchain technology adoption in a corporate or government process.
The book starts with five elements of blockchain 1. Distribution 2. Encryption 3. Immutability 4. Tokenization 5. Decentralization, And compares blockchain-inspired solutions and blockchain-native solutions in many use-cases such as Q Coins(Tencent), Krisflyer (Singapore Airlines), rLoop (Token-enable DAO), Fetch (Blockchain Start-up), and Golem (Computing Platform).
Risk factors for a business to implement blockchain include retirement of legacy systems, infrastructure cost, integration cost, security vulnerability, scalability, speed are essential issues.
Technology forecasting about the combination of IoT, AI, SSI, and Blockchain is exciting!
While it’s great that people are making money from investing in crypto, I’m really enjoying books discussing blockchain technology and how it’s going to change the world. I stumbled across this book, and it was an excellent look at how various companies and organizations can begin utilizing the blockchain in many different ways. The book covers supply management, human resources topics, marketing, security, and so much more. I really hope leaders as well as future leaders read this book to begin getting ideas of why this technology is so crucial and most likely inevitable.
Blockchain technology has the potential to drive tech innovation forward, especially when converged with AI and IoT. However, this doesn't come without massive impact and restructuring of current ethical, economic, corporate, and legal norms and hierarchies; which is a subject for debate. The book offers a case study use for Blockchain's potential use across every industry and sector.
This book is a must-have not only for those who are running a business that may be thinking about incorporating blockchain but also for anyone who would like to get a better grasp of the future development of this technology. I filled up a notebook with notes and highlights based on this book.
This is a highly academic read. Even though I have been working in the Blockchain space for the last few years, this was not an easy read. A lot of ideas and concepts are familiar, however some of the author’s views about the current landscape of Blockchain applications as well as cryptocurrency require deeper understanding. Nevertheless, it is a reassurance that Blockchain will surely bring a major impactful societal change in the coming decades.
Very outdated and opinionated. Really not a a hood place to start if you are interested in implementing blockchain technology. If I’m not mistaken, with just a couple exceptions, every single company or project mentioned has failed. If you want to take a look and reminisce about peak blockchain hype, or need some hopium for your bad investments, this is the book for you! But if you would actually like to build real solutions this ain’t it.
This book deserves a 5-star rating, because it does a fine job defining the blockchain technology and how many deviations there are in its development. The main two categories are central and decentralized blockchains that offer different applications to businesses and consumers alike. It allows businesses to track and control functions that were time consuming and sometimes unavailable to them within their current systems. For example, you can theoretically do business with an unknown partner located anywhere on the planet and trade any asset at any size and not need a lawyer, a bank, an insurance company, or any other intermediary making sure both of you follow through on what you’ve promised. Completed transactions are cryptographically signed, time-stamped, and sequentially added to the ledger. Records cannot be corrupted or otherwise changed unless the participants agree on the need to do so. Such an agreement is known as a fork. In addition, smart contracts allow parties to come to an agreement and be assured that that agreement will be automatically facilitated as set within that contract.
Blockchain technology along with Artificial Intelligence and the Internet of Things is advancing automation faster than anyone expected and there will be both positive and a negative consequences that will change our society. For example, businesses are testing a holacracy structure to see how efficient and profitable this could be.
This digital economy is advancing faster than expected and all industries are experimenting with it today, even with the understanding that many will be disfranchised due to these advancements and society needs to be cautious and regulate the development in order to guard against chaos.
As one of the worlds first blockchain journalists, I was excited to read this book written by two respected thought-leaders at Gartner. While the perfect read for business executives unfamiliar with this space, I personally found it a bit choppy in terms of its flow and very elementary in parts.
Nevertheless, kudos to the authors for exploring this all-important intersection between blockchain and business during this time of immense promise. I’m excited to see how this space evolves in the months ahead.
This book is a must-have not only for those who are running a business that may be thinking about incorporating blockchain but also for anyone who would like to get a better grasp of the future development of this technology. I filled up a notebook with notes and highlights based on this book. buy the ebook now:
An interesting book about a fascinating topic like blockchain. It helps you understand the buzz and how it can be applied to business, Highly recommended! Many thanks to the publisher and Netgalley for this ARC, all opinions are mine.
One of the best book to understand the ability and possibilities with help of blockchain technology on different businesses. Well written with simple and straight language!!