Understanding blockchain

“Blockchain: The Insights You Need from Harvard Business Review” – a HBR Book Review

a doitinvest.com book review

Blockchain – everybody heard about it, half of my acquaintances traded it. Most of them actually traded Bitcoin – and most likely without grasping 100% its features. Unfortunately, this is our new modern reality – we do not really have the time to study hundreds  of pages tomes before we do an informed trade.

This is where the new book series from Harvard Business Review comes ✋ly in. Launched in 2019, the “Insights” series aims to deliver the essential knowledge around topical subjects – all in a condensed manner. As this is my first review of the “Insights” series, I am trying to see if the “Insights” are delivering the above mentioned promise.
The editors of Harvard Business Review press state (somehow boldly) that these Insights series themes will transform both the worlds of business and society. One can argue about the scope here, but not about the statement. It is clear that the blockchain is here to stay – and to change irreversibly the way we do transactions.

The introduction starts with an interesting yet less acknowledged reality – whilst data sharing and digital communications have literally jumped decades, the data security and the storage integrity did not keep pace. This gap was not going unnoticed. And whilst the large actors were (and remain) somehow content to assume the guardian role, the society at large realized that there must be an alternative. The goal of this alternative would be to validate the data without giving over-proportionate control to any party. And so the modern, still puzzling idea of the blockchain was born.Read More »“Blockchain: The Insights You Need from Harvard Business Review” – a HBR Book Review