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Transcript of Tapscott libraryassoc apr8
1 | © 2016 The Tapscott Group. All Rights Reserved.
BLOCKCHAIN REVOLUTION: Prosperity in the Second Era of the Digital Age
International Federation of Library Associations April 8 2016 Don Tapscott
www.dontapscott.com TWITTER: @dtapscott
The Technological
Revolution
Social
Web
Mobility
Internet of
Things
Big
Data
The
Cloud
Drones &
Robotics
Machine
Learning
THE DIGITAL ECONOMY: 20th Anniversary Edition 2014
3 | © 2013 The Tapscott Group. All Rights Reserved.
WHAT IS THE BLOCKCHAIN REVOLUTION?
THE BLOCKCHAIN REVOLUTION: THE SECOND WAVE OF THE INTERNET
BLOCKCHAIN TECHNOLOGY: “THE TRUST PROTOCOL”
THE MIDDLEMAN
THE TRUST PROTOCOL
THE TECHNOLOGICAL REVOLUTION
Social
Web
Mobility
Internet of
Things
Big
Data
The
Cloud
Drones &
Robotics
Machine
Learning
BLOCKCHAINS AS PLATFORMS OF INNOVATION AND VALUE CREATION
THE BLOCKCHAIN REVOLUTION
UNDERSTANDING THE INTERNET OF VALUE
BLOCKCHAIN REVOLUTION: How the Technology Behind Bitcoin is
Changing Money, Business, and the World
May 10, 2016
blockchain-revolution.com
1. Including billions of people in the global economy
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
16 | © 2016 The Tapscott Group. All Rights Reserved.
INCLUDING BILLIONS OF PEOPLE IN THE GLOBAL ECONOMY
17 | © 2016 The Tapscott Group. All Rights Reserved.
www.mpesa.in
1. Including billions of people in the global economy
2. Protecting rights through immutable records
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
19 | © 2016 The Tapscott Group. All Rights Reserved.
PROTECTING RIGHTS THROUGH IMMUTABLE RECORDS
20 | © 2016 The Tapscott Group. All Rights Reserved.
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
22 | © 2016 The Tapscott Group. All Rights Reserved.
CREATING A TRUE SHARING ECONOMY
23 | © 2016 The Tapscott Group. All Rights Reserved.
Suber
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
4. Ending the remittance rip-off and reinventing financial services
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
25 | © 2016 The Tapscott Group. All Rights Reserved.
ENDING THE REMITTANCE RIP-OFF & REINVENTING FINANCIAL SERVICES
26 | © 2016 The Tapscott Group. All Rights Reserved.
www.goabra.com
A NEW PLATFORM FOR THE FINANCIAL SERVICES INDUSTRY?
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
4. Ending the remittance rip-off and reinventing financial services
5. Enabling citizens to own and monetize their data (and protect privacy)
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
29 | © 2016 The Tapscott Group. All Rights Reserved.
ENABLING CITIZENS TO OWN AND MONETIZE THEIR DATA
(AND PROTECT PRIVACY)
30 | © 2016 The Tapscott Group. All Rights Reserved.
YOUR PERSONAL AVATAR
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
4. Ending the remittance rip-off and reinventing financial services
5. Enabling citizens to own and monetize their data (and protect privacy)
6. Unleashing a new halcyon age of entrepreneurship
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
32 | © 2016 The Tapscott Group. All Rights Reserved.
Ronald Coase
(1910–2013)
UNLEASHING A NEW HALCYON AGE OF ENTREPRENEURSHIP
THE INDUSTRIAL AGE
CORPORATION
1. Vertically Integrated
2. Hierarchy
3. Centralized
4. Talent Inside
33 | © 2016 The Tapscott Group. All Rights Reserved.
THE ECONOMICS OF COLLABORATION:
Business
Webs
Extended
Enterprise
Industrial Age
Corporation
VALUE
CREATION
Peer to Peer Val
ue Creation
Physical Financial Networked Intelligence CRITICAL RESOURCES
Self-
Organization
Traditional
Hierarchy
34 | © 2016 The Tapscott Group. All Rights Reserved.
35 | © 2016 The Tapscott Group. All Rights Reserved.
36 | © 2016 The Tapscott Group. All Rights Reserved.
BLOCKCHAIN BUSINESS MODELS
37 | © 2016 The Tapscott Group. All Rights Reserved.
1. Peer Producers
2. The Rights Creators
3. Blockchain Cooperatives
4. The Metering Economy
5. The Platform Builders
6. Blockchain Makers
7. The Enterprise Collaborators
BLOCKCHAIN BUSINESS MODELS
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
4. Ending the remittance rip-off and reinventing financial services
5. Enabling citizens to own and monetize their data (and protect privacy)
6. Unleashing a new halcyon age of entrepreneurship
7. Government for the people and by the people
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
39 | © 2016 The Tapscott Group. All Rights Reserved.
A CRISIS OF LEGITIMACY
40 | © 2016 The Tapscott Group. All Rights Reserved.
A CRISIS OF LEGITIMACY
Legitimacy is:
the capacity of a political system to
engender and maintain the belief
that existing political institutions are
the most appropriate and proper
ones for the society.
Seymour Martin Lipset
41 | © 2016 The Tapscott Group. All Rights Reserved.
A SECOND WAVE OF DEMOCRACY
If the first wave of democracy established
elected and accountable institution of
governance, but with a weak public
mandate and an inert citizenry …
… the second wave will be characterized
by strong representation and a new
culture of public deliberation built on
active citizenship.
42 | © 2016 The Tapscott Group. All Rights Reserved.
TRANSFORMING FOREIGN AID
43 | © 2016 The Tapscott Group. All Rights Reserved.
1. Including billions of people in the global economy
2. Protecting rights through immutable records
3. Creating a true sharing economy
4. Ending the remittance rip-off and reinventing financial services
5. Enabling citizens to own and monetize their data (and protect privacy)
6. Unleashing a new halcyon age of entrepreneurship
7. Government for the people and by the people
SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD
44 | © 2016 The Tapscott Group. All Rights Reserved.
Paradigm shifts involve dislocation, conflict, confusion,
uncertainty. New paradigms are nearly always received with
coolness, even mockery or hostility. Those with vested
interests fight the change. The shift demands such a different
view of things that established leaders are often last to
be won over, if at all.
45 | © 2016 The Tapscott Group. All Rights Reserved.
46 | © 2016 The Tapscott Group. All Rights Reserved.
BLOCKCHAIN REVOLUTION: How the Technology Behind Bitcoin is
Changing Money, Business, and the World
May 10, 2016
47 | © 2016 The Tapscott Group. All Rights Reserved.
blockchain-revolution.com
48 | © 2016 The Tapscott Group. All Rights Reserved.
49 | © 2016 The Tapscott Group. All Rights Reserved.
Don Tapscott
www.dontapscott.com
twitter: @dtapscott
(416) 863-8801
Helping companies and governments
succeed in the Digital Economy