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Tech transformation: Don Tapscott’s ‘Platform Revolution’ ebook evaluate

11/28/2021

In his newest ebook, ‘Platform Revolution,’ Don Tapscott explains how blockchain know-how has converged with AI, machine studying and IoT.

Enterprise blockchain began to take form in 2016, a time when corporations like IBM started to leverage non-public networks for provide chain administration. It was additionally throughout 2016 that writer Don Tapscott wrote and revealed Blockchain Revolution, a ebook that examines the way in which that blockchain will rework plenty of industries.

Following the discharge of Blockchain Revolution, Tapscott — who can also be co-founder of the Blockchain Analysis Institute — revealed Provide Chain Revolution in August 2020. Given the timing of the ebook’s publication, Provide Chain Revolution detailed the way in which the COVID-19 pandemic uncovered glitches all through provide chains the world over, additional explaining how blockchain might be used to unravel these challenges.

Virtually a 12 months after the discharge of Provide Chain Revolution, Tapscott has revealed his newest ebook, Platform Revolution. Not like his different two books that specify what blockchain is and the way it may be utilized to advance sure industries, Platform Revolution goes a step additional, taking the thesis that blockchain has reached “platform standing.”

Particularly talking, Tapscott advised Cointelegraph that blockchain has matured a lot through the years that corporations and industries are actually constructing new fashions upon blockchain as a “platform.” Furthermore, Tapscott believes that blockchain has reached a “trivergence” level, making it the best know-how of right this moment’s digital age:

“There are many new applied sciences in right this moment’s second period of the digital age, together with synthetic intelligence, machine studying and the Web of Issues. Ultimately although, the best of those applied sciences is blockchain, which is ‘triverging’ with all of those different applied sciences.”

Understanding the trivergence of blockchain know-how

Tapscott explains all through the eight chapters of Platform Revolution the way in which that corporations, provide chains and sectors of the financial system are constructing upon blockchain as a platform to make additional developments.

With a view to describe the trivergence of blockchain with AI, machine studying and IoT, Chapter 1 of Platform Revolution discusses the way in which blockchain can safe the way forward for the digital age. In a nutshell, this chapter talks about digital conglomerates like Fb (now Meta) and Google, noting that these entities act as landlords for consumer knowledge. “We create the information and these corporations take it away. We’re then left with virtually nothing — we are able to’t monetize our knowledge or safe that knowledge as our privateness is being undermined,” mentioned Tapscott.

To unravel this ongoing dilemma, Chapter 1 explains the way in which that open entry, truthful participation and self-sovereign identification on a blockchain community can enhance net entry. Particularly, the chapter focuses on the way in which blockchain can clear up the issue of manipulation, promote equity, shield the rights of content material creators and extra. Whereas this can be, Chapter 1 additionally particulars why the trivergence of blockchain, AI and IoT will finally result in Internet 3.0. That is described as a community the place billions of individuals, units and decentralized autonomous organizations, or DAOs, will be capable to transact and analyze knowledge for higher resolution making.

The ebook’s second chapter examines blockchain’s affect on massive knowledge. “Massive knowledge” is characterised right here as a brand new asset class which will trump all different property, given the notion that digital conglomerates have been privately stockpiling consumer knowledge for years. But by means of encryption applied sciences like these discovered inside blockchain networks, new privateness rights and property rights to knowledge might very effectively be achieved.

Associated: Guide evaluate of Don Tapscott’s collaborative ‘Provide Chain Revolution’

Chapter 3 is a vital part of Platform Revolution, as Tapscott and his co-author Anjan Vinod totally study the connection between blockchain and AI. In keeping with Tapscott and Vinod, AI is making blockchain one of many broadest technological revolutions ever. This chapter explains the way in which blockchain can present a decentralized infrastructure for the complete AI ecosystem. For instance, it’s famous right here {that a} decentralized blockchain-based resolution could guarantee a extra democratized, but safe, means for transmitting knowledge required for AI fashions.

Chapter 4 additional focuses on blockchain and IoT, noting that related units would require a ledger to be taught and adapt to new issues. “It’s the place the rubber meets the street for blockchain,” writes Tapscott. Whereas implementation challenges comparable to quantum computing are additionally talked about all through Chapter 4, this part finally describes Internet 3.0 as operating in a distributed cloud, with a mixture of decentralized private and non-private servers with edge computing capabilities.

The specter of quantum computing

Whereas the affect of blockchain on autonomous automobiles is mentioned all through Chapters 5 and 6, making certain that Internet 3.0 stays distributed and quantum-proof is detailed in Chapters 7 and eight of Platform Revolution. Particularly, the quantum menace to the cybersecurity of world IT methods is analyzed.

For example, Chapter 7 notes that “There’s a one-in-seven likelihood {that a} quantum laptop can be commercially obtainable by 2026.” In flip, Chapter 8 highlights the necessity for governance of requirements improvement at three ranges: protocol, utility and ecosystem.

Associated: ‘Blockland’ ebook evaluate: Half gonzo, half Bitcoin-thriller, 100% beneficial

The writer of Chapter 8, Christian Keil, particulars in-depth the totally different layers of the blockchain know-how stack, concluding that stakeholder involvement and the facility of community results are wanted for requirements improvement. “The blockchain group wants a normal like OSI, with which cataloging, organizing, and speaking advances on this new know-how may be made considerably simpler,” writes Keil.

How blockchain pertains to different applied sciences

Platform Revolution concludes with the notion that blockchain remains to be in its early levels and that its success will rely on how effectively the present challenges and alternatives are dealt with for its improvement. Whereas it’s troublesome to foretell the longer term, Tapscott talked about that the objective behind Platform Revolution is to assist folks perceive the way in which blockchain matches in with different applied sciences:

“This ebook introduces the idea of trivergence, whereas explaining the connection between blockchain, AI, IoT, massive knowledge and quantum computing. These are all matters folks battle to know.”

This in thoughts, Platform Revolution is a must-read for people curious in regards to the applied sciences inside the second period of the digital age. For example, whereas some could solely be conversant in mainstream ideas like AI, Platform Revolution explains the way in which blockchain pertains to synthetic intelligence and different widespread applied sciences. 

The ebook additional underscores why blockchain will proceed to function the spine for industries, economies, provide chains and different elements of our lives. “These are all massive applied sciences that everybody is speaking about. Platform Revolution explains the way in which they match collectively and why blockchain is central to all the things,” added Tapscott.