Blockchain
by People Power Wednesday, June 1, 2016

Great review of a new book by The father and son team 'The Tapscotts' ... definitely on my reading list - particularly liked this ...

Yet time and again, after each wave of technological revolution, a few Silicon Valley billionaires cackle off into the sunset, and the rest of us are left standing with our pants around our ankles. Musicians have to deal with the derisory royalties they receive from Spotify. Immigrants sending remittances home still pay exorbitant fees at Western Union. Government and corporate governance voting remains absurdly dependent on paper and pencil. Or as the Tapscotts put it: “Powerful technology companies have shifted much activity from the open, distributed, egalitarian, and empowering Web to closed online walled gardens or proprietary, read-only applications that among other things kill the conversation. Corporate forces have captured many of these wonderful peer-to-peer, democratic, and open technologies and are using them to extract an inordinate share of value.

This the Old Power / New Power - Old Values / New Values message - said different!