Bitcoin and Blockchain: A Case For a New Reengineering Revolution
With the advent of the cryptocurrency, Bitcoin, and the blockchain technology that supports it, our civilization stands at the threshold of a new, far-reaching technological revolution. The consequences of the all-encompassing and pervasive impact of these new technologies will be dramatic. In fact, the consequences will be so dramatic, that they will....
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William Mougayar is a Toronto-based angel investor and four-time entrepreneur who advises startups on strategy and marketing. In the first of this three-part series, he discussed how banks dealt with the emergence of the Internet and how blockchain technology is causing these institutions a whole new headache. In part two, Mougayar looked at why banks should start embracing blockchain technology. Here, in part three, he explores the steps banks should take to make sure they lead the blockchain-banking revolution. What should banks do? Don't just do pilots that automate old processes.....
Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....
Many indicators are revealing that our civilization stands at the threshold of a new, all-encompassing technological revolution. One of them is the advent of the “Programmable Economy.” This is the term Gartner Inc. has created to warn policy makers and business leaders of the upcoming, far-reaching transformation of the global economy. In this context,....
The Fourth Industrial Revolution is profoundly altering everything around us, even the way we live. This revolution promises to create greater efficiencies in all industry sectors and to spectacularly maximize human wellbeing. However, for the Fourth Industrial Revolution to be successful, an open, borderless, payment protocol must be in place. This....
In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT. Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries.Following the release of Blockchain Revolution, Tapscott — who is also co-founder of the Blockchain Research Institute — published....