Foreword
I’m delighted to provide some context for this enormously thoughtful and eminently practical book, Blockchain for Business.
When Alex Tapscott and I wrote the first edition of Blockchain Revolution in 2016, we characterized blockchain as a platform for conducting transactions of value. We explained that for nearly four decades, we had the Internet of information. It vastly improved the flow of data within and among firms and people, but it didn’t transform the deep architecture of the firm. That’s because the Internet was designed to move information from person to person. It wasn’t designed to solve what cryptographer David Chaum called the “double-spend problem,” the ability to spend a single digital dollar in two places online.
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