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The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology Hardcover – 1 Jun 2016
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If you are thinking about your blockchain strategy, especially from the enterprise side, this is an important book that will allow you to understand the blockchain at a level you may have not enjoyed before. It is definitely a book to learn from. (International Business Times, April 2016)
From the Inside Flap
The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other book before, delivering a compelling guide that summons your mind into action. 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, trust, 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 let it tackle even more ambitious issues 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.
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.See all Product description
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At best this book can be described as 'evangelist prep'. I cannot begin to describe how annoyed and irritated I was by the end of this book- as an IT professional I was seeking more than arm-waving, 'big-picture' statements. I had deeper understanding of smart contracts from 20 minutes on the ethereum website.
Should the book been marketed at £1.99 I may have been less irritated.
Also, I note that pretty much all the positive reviews were from reviewers provided with a free copy of the book. Not exactly impartial feedback!
So, pretty poor really.
This book is business-speak puff piece. It is so bad that in the last sentence the author actually points to his next book Centerless which is also advertised on the front cover. If the writing is anywhere near as bad as for this book, then I would not recommend it. This book desperately needed an editor and an expert reviewer to sort out the writing and the explanations. He talks about the Byzantine General's problem in game theory and then does not say what it is or why it is important. He talks about Sybil attacks and says nothing about what they are either.
The author is clearly writing from a business perspective about this new thing, the blockchain, that he thinks is going to be a major technology for change, but that is the only message. It is a had waving guide to what happens when a technology, like the internet, comes along and changes how business functions. There are some speculations about what it might do, but without the technical know-how these have no foundations.
I really cannot recommend it.
This is a book aimed at the business reader, not the technologist, and some of the concepts are deliberately simplified to make them more accessible but the general thrust isn't damaged by that and where a concept is simplified it isn't obscured or misrepresented. Recommended
Author, William Mougayer tackles what can be a daunting subject for the lay person, with wit and clarity.
A useful tool for those coming at the subject from a sceptical yet open to persuasion position.
It is not an easy read so I would do a bit of background reading (the Economist did a good background write up a little while back) before diving in
But the business impact could be huge and its early days yet with a lot of the book speculating on what might happen
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