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Summary

The definitive pioneering blueprint covering the what, why, and how of the blockchain.

Blockchains are new technology layers that rewire the Internet and threaten to side-step older legacy constructs and centrally served businesses. At its core, a blockchain injects trust into the network, cutting off some intermediaries from serving that function and creatively disrupting how they operate. Metaphorically, blockchains are the ultimate non-stop computers. Once launched, they never go down, and offer an incredible amount of resiliency, making them dependable and attractive for running a new generation of decentralized services and 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, and 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, and tackle even more ambitious problems that cross organizational, regulatory and mental boundaries.

Drawing on 34 years of technology industry experience as an executive, analyst, consultant, entrepreneur, startup mentor, author, blogger, educator, thought leader, and 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 and influenced the understanding of blockchain for people around the world via his generous blogging and rigorous research insights. He is a direct participant in the crypto-technology market, working alongside startups, entrepreneurs, pioneers, leaders, innovators, creators, enterprise executives, and practitioners; in addition to being an investor, advisor, and board member in some of the leading organizations in this space, such as the Ethereum Foundation, OpenBazaar, and 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 and ideas that may still be invisible.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2016 William Mougayar (P)2016 Audible, Inc.

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  • Ash
  • Hemel Hempstead, United Kingdom
  • 25-01-17

Good summary, not too much more...

It's a good book, and is well read, but doesn't contain a huge amount of information you couldn't get by spending an hour googling and reading blog posts / articles.

I'm fairly sold on the blockchain concept and high level applications, I was really looking for more depth. Rather than fifty fleetingly described ideas I'd have rather heard fifteen but with deeper detail.

9 of 11 people found this review helpful

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Worth the listen

Good overall view, breaks down concepts clearly. Worth a listen as an introduction to the topic.

1 of 1 people found this review helpful

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Repetitive - Author kept looping the same concept

The content never really got away from saying "This is how amazing blockchains are..." Instead the author could have spent more time explaining detailed acquisition templates or case studies

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    2 out of 5 stars

Still don't get it

I was expecting to be enlightened as to why the future was already here. Unfortunately, I still don't get either how the whole thing works (and I am reasonably tech savvy), or why we need it. The author appears to be selling the 'benefits' of terrible efficiency in order to decentralise, but doesn't do a good job of why.

Narration really annoying to cap off a pretty disappointing experience.

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    3 out of 5 stars

Content lacking and narration irritating

I found the content to be repeatedly lacking answers to some of my key questions as the book progressed (e.g. 'the ledger' is repeatedly discussed and praised without explanation of how it works other than 'the network'. There was also no discussion of potential issues - id expect at least a brief mention in the overall summaries.

As a result it seemed like a huge sales pitch rather than an informative guide to understanding this technology.

I also began to find the narration irritating after a while - it felt over bearing, arrogant and trite with a condescending tone.

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    5 out of 5 stars

Insightful

Narrator was abit monotonous at times and made it a hard to follow some of the ideas.

Aside from that, a great book to open your eyes to the world of blockchain. Can really see how blockchains can potentially be implemented into business ideas and even change the world we live in.

This title will help ideas flow but by no means a technical book to refer to.

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Fair

Very good for who just stepped into blockchain territory, though is stays rather high-lever for the more tech-savvy. But the title is fair and should set correct expectations.

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Good overview of blockchain potential

Don’t expect to come away from this book with a detailed understanding of blockchain technology. Instead this is a great overview of blockchain potential that can spark creativity and think to new applications and ideas.

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Glad I read but had to force myself to finish it.

As I'm a developer, I found this a very heavy read a there was loads of jardon so it was hard to make sense of certain points. It is worth listening too but it felt more like reading a college book rather than an informative business book.

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  • Amazon Customer
  • 11-09-17

Average

There is nothing in this book that you can't find in any general discussion of blockchain. Lots of generalizations and hyperbole. Basically, hardly any meat to be found anywhere.

What does the reader learn from reading this book? That he should check out another one.

10 of 11 people found this review helpful

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  • Terry Peterson
  • 29-06-17

Wealth of Ideas obfuscated with information

Without question I enjoyed this book. The author is very clearly knowledgeable on the topic. At times rambling through attempts to explain his thoughts on what the reality is or future potential is with blockchain technology.

2 of 2 people found this review helpful

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  • Paul
  • 22-06-17

Blockchain is the future

Great for those that want to fully explore the possibilities, as well as limitations of blockchain as it gradually integrates into society. This book will open your eyes to why Blockchain technology is so revolutionary, often making comparisons to the early days of the internet. I will be coming back to this book often over the years to remind myself of the days where Blockchain was in it's infancy.

2 of 2 people found this review helpful

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  • Gary Heredia
  • 21-06-17

Oksy

It's okay. Doesn't really teach you too much about Blockchain. Rather just mentions the potential etc

4 of 5 people found this review helpful

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  • Kevin R. Pierce
  • 20-02-18

A good introduction to block chain technologies.

Overall, a good introduction to block chain technologies. If you're hoping for anything in depth, you're looking at the wrong book. The sections concerning smart contracts and smart oracles was especially informative . So was mention of the Ethereum virtual machine.

There were points when the author seems to just be padding stuff out. Endless lists of "block chain will this" and "block chain will that` make me want to throw my phone out the window.

1 of 1 people found this review helpful

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  • norman salazar
  • 19-02-18

Terrible narration

I didn't like the narrator at all. Terrible diction, bad pronunciation. I don't know if he is famous but I never focused completely on the subject thanks to the narrator. But book instead

1 of 1 people found this review helpful

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  • Philomath
  • 22-07-17

Blockchain and the next generation of networking

A truly fascinating evolution to the existing internet, may be just as profound as the web.

The authors were not technical and not too simplistic in their analysis of the technology of the blockchain. Although it was more catered towards business specifically financial institutions.

The block chain has always been associated with crypto currency since bitcoin was the initial innovator. It's really a simple idea that can expand to include very complex innovations that reach well beyond business. The idea that the many can better do what the single can, even if the single is an expert.

The authors explained this as a decentralised system where operations, authentications, certifications etc. can be spread across many individually autonomous nodes (computers) thus eliminating the middle men and vastly reducing costs while providing better and quicker service.

This idea, or to put it more precisely, network philosophy, is a threat to governments, old school businesses, financial institutions, and jobs in general. The author unfortunately did not touch on some implications.

Again a technology that is on the move and probably unstoppable by any government or regulators, and a major disruptor to our way of life, while having the potential to transform the world hopefully to a more efficient machine.

An important subject, as indicated by the high rating given. The author could have said more though.

2 of 3 people found this review helpful

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  • kevinf
  • 14-08-18

Good overview for business

The book is easy to understand and follow. The book does not get too technical nor does it get too involved in discussion on creating blockchain technology. While the book gives an overview into the understanding of blockchain technology, it is not the primary focus here. Rather, the book explores ways businesses can adopt and implement the technology for tomorrow's business models. The author shares his experiences and draws upon the knowledge he has from the business and the blockchain world, respectively. The book is well written and the audible version is well narrated. I would recommend to anyone looking for an overview of how blockchain technology can benefit tomorrow's business.

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  • Anonymous User
  • 06-08-18

Good book for beginers.

This is a good starting point to understand Blockchain. By no means this is a practitioners handbook.

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  • Roland Wamara
  • 16-07-18

Very insightful

Would recommend this to anyone who has the need to understand blockchain and related businesses.