
The definitive pioneering blueprint covering the what why & how of the blockchain Blockchains are new technology layers that rewire the Internet & threaten to side-step older legacy constructs & centrally served businesses At its core a blockchain injects trust into the network cutting off some intermediaries from serving that function & creatively disrupting how they operate Metaphorically blockchains are the ultimate non-stop computers Once launched they never go down & offer an incredible amount of resiliency making them dependable & attractive for running a new generation of decentralized services & software applications The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other before 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 & governance In this book Mougayar makes two other strategic assertions First the blockchain has polymorphic characteristics; its application will result in a multiplicity of effects Second we shouldn t ask ourselves what problems the blockchain solves because that gives us a narrow view on its potential Rather we should imagine new opportunities & tackle even more ambitious problems that cross organizational regulatory & mental boundaries Drawing on 34 years of technology industry experience as an executive analyst consultant entrepreneur startup mentor author blogger educator thought leader & investor William Mougayar describes a future that is influenced by fundamental shifts brought by blockchain technology as the catalyst for change William Mougayar has been described as the most sophisticated blockchain business thinker He is a blockchain industry insider whose work has already shaped & influenced the understanding of blockchain for people around the world via his generous blogging & rigorous research insights He is a direct participant in the crypto-technology market working alongside startups entrepreneurs pioneers leaders innovators creators enterprise executives & practitioners; in addition to being an investor advisor & board member in some of the leading organizations in this space such as the Ethereum Foundation Open Bazaar & Coin Center Just as the Internet created new possibilities that we didn t foresee in its early years the blockchain will give rise to new business models & ideas that may still be invisible Following an engaging Foreword by Vitalik Buterin this book is organized along these 7 chapters 1 What is the Blockchain? 2 How Blockchain Trust Infiltrates 3 Obstacles Challenges & Mental Blocks 4 Blockchain in Financial Services 5 Lighthouse Industries & New Intermediaries 6 Implementing Blockchain Technology 7 Decentralization as the Way Forward The Business Blockchain is an invitation for technologists to better understand the business potential of the blockchain & for business minded people to grasp the many facets of blockchain technology This book teaches you how to think about the blockchain