Book review: BlockChain

Blockchain, blockchain blockchain-consensus  I first heard this term back in 2014 related to bitcoin.  Then again in 2016 with some legal firms looking to it in Europe as a future for transactional data.  Then when I saw the IBM Watson announcement with blockchain, I was like hmmm need to learn more.

So, I went and got Richard Hayen’s book and read it.  Then reread whole sections of it.

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Then put it down and picked it up again and realized – nope it is not me the book is not written well.  Sorry Mr. Hayen, if your Fintech book is as poor explaining a topic I will pass. Consider a couple of analogies and you know graphics.

blockchain-usecases-and-startups

Blockchain does have a future, it is a new way to store and validate transactional data, but most importantly share that data with customers and partners.  The most understandable chapter is 6 – Arguments against Blockchain…  That ‘opening a window for cybercriminals’ definitely a concern, but still understand where blockchain could be revolutionary change in business models that require partnerships across commodities, borders and languages.

I have this infographic more helpful – just sayin…

blockchain-infographic

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