Blockchain revolution : how the technology behind bitcoin is changing money, business, and the world Don Tapscott, Alex Tapscott
Publication details: New York : Portfolio / Penguin, [2016].Description: xx, 348 p. : ill. ; 24 cmISBN:- 9780241237854
- 332.178 TA BL
Item type | Current library | Call number | Status | Date due | Barcode | |
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ON ORDER | University of Wollongong in Dubai On Order | 332.178 TA BL (Browse shelf(Opens below)) | Ordered | T0059728 |
The Internet as we know it is great for collaboration and communication, but is deeply flawed when it comes to commerce and privacy. The new blockchain technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body. Keeping the user's information anonymous, the blockchain validates and keeps a permanent public record of all transactions. That means that your personal information is private and secure, while all activity is transparent and incorruptible--reconciled by mass collaboration and stored in code on a digital ledger. With its advent, we will not need to trust each other in the traditional sense, because trust is built into the system itself.
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