Blockchain — What You Need to Know | Harvard Business Review

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Karim Lakhani, Harvard Business School professor and co-founder of the HBS Digital Initiative, discusses blockchain, an online record-keeping technology that many believe will revolutionize commerce. Lakhani breaks down how the technology behind bitcoin works and talks about the industries and companies that could see new growth opportunities or lose business. He also has recommendations for managers: start experimenting with blockchain as soon as possible. Lakhani is the co-author of the article “The Truth

Takeaways
  • Blockchain = Trust
  • Disintermediation = “Bringing the ends of a transaction together” = An exponential level of disruption not seen since the introduction of the World Wide Web in the mid 1990s (IMO)
  • We are in the “dial-up days of Blockchain”

Source: Blockchain — What You Need to Know

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A blockchain explanation your parents could understand | Jamie Skella | Pulse | LinkedIn

It’s happening in an increasingly frequent manner: “Jamie, explain this blockchain stuff to me. I’ve read a bunch of articles and I’m no wiser.” The problem with most blockchain explainers is that they provide more detail than what matters to most people, using language that is foreign to most people, which winds up leaving people more confused than when they started. Instead, without worrying about being a technically perfect description, here’s an explanation of blockchain your parents could understand…

Source: A blockchain explanation your parents could understand | Jamie Skella | Pulse | LinkedIn

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