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The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology Hardcover – May 9, 2016

by William Mougayar (Author), Vitalik Buterin (Foreword)

61 customer reviews

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The definitive pioneering blueprint covering the what, why and how of the blockchain.

Blockchains are new technology layers that rewire the Internet and threaten to side-step older legacy constructs and centrally served businesses. At its core, a blockchain injects trust into the network, cutting off some intermediaries from serving that function and creatively disrupting how they operate. Metaphorically, blockchains are the ultimate non-stop computers. Once launched, they never go down, and offer an incredible amount of resiliency, making them dependable and attractive for running a new generation of decentralized services and software applications.

The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other before. William Mougayar anticipates a future that consists of thousands, if not millions of blockchains that will enable not only frictionless value exchange, but also a new flow of value, redefining roles, relationships, power and governance. In this book, Mougayar makes two other strategic assertions. First, the blockchain has polymorphic characteristics; its application will result in a multiplicity of effects. Second, we shouldn’t ask ourselves what problems the blockchain solves, because that gives us a narrow view on its potential. Rather, we should imagine new opportunities, and tackle even more ambitious problems that cross organizational, regulatory and mental boundaries.

Drawing on 34 years of technology industry experience as an executive, analyst, consultant, entrepreneur, startup mentor, author, blogger, educator, thought leader and investor, William Mougayar describes a future that is influenced by fundamental shifts brought by blockchain technology as the catalyst for change. William Mougayar has been described as the most sophisticated blockchain business thinker. He is a blockchain industry insider whose work has already shaped and influenced the understanding of blockchain for people around the world, via his generous blogging and rigorous research insights. He is a direct participant in the crypto-technology market, working alongside startups, entrepreneurs, pioneers, leaders, innovators, creators, enterprise executives and practitioners; in addition to being an investor, advisor, and board member in some of the leading organizations in this space, such as the Ethereum Foundation, OpenBazaar and Coin Center.

Just as the Internet created new possibilities that we didn’t foresee in its early years, the blockchain will give rise to new business models and ideas that may still be invisible. Following an engaging Foreword by Vitalik Buterin, this book is organized along these 7 chapters:

1. What is the Blockchain?

2. How Blockchain Trust Infiltrates

3. Obstacles, Challenges & Mental Blocks

4. Blockchain in Financial Services

5. Lighthouse Industries & New Intermediaries

6. Implementing Blockchain Technology

7. Decentralization as the Way Forward

The Business Blockchain is an invitation for technologists to better understand the business potential of the blockchain, and for business minded people to grasp the many facets of blockchain technology. This book teaches you how to think about the blockchain.

The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology

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Editorial Reviews

Review

If you are thinking about your blockchain strategy, especially from the enterprise side, this is an important book that will allow you to understand the blockchain at a level you may have not enjoyed before. It is definitely a book to learn from. (International Business Times, April 2016)

Review

"When it comes to the blockchain, William Mougayar's vision and insights are unparalleled. He takes us on a discovery journey with clarity and authority. This is a fundamental book if business leaders want to survive the blockchain’s upcoming whiplash."
—Brad Feld, Managing Director, Foundry Group; best-selling author of Venture Deals

"Mougayar has written a highly authoritative book, charting new territory in our understanding of the blockchain. I strongly recommend it to executives who are leading their organizations into with the future."
—John Ruffolo, CEO, OMERS Ventures

"Anyone who's been at all close to the blockchain realizes just how profoundly this innovation could affect almost every industry. The Business Blockchain is an important book that offers practical advice and prescriptions for getting on with creating and realizing your own blockchain vision."
—Chris Owen, Vice President, Enterprise Shared Platforms - Blockchain, TD Bank Group

See all Editorial Reviews

Product details

Hardcover: 208 pages
Publisher: Wiley; 1 edition (May 9, 2016)
Language: English
ISBN-10: 1119300312
ISBN-13: 978-1119300311
Product Dimensions: 5.6 x 0.8 x 8.6 inches
Shipping Weight: 12.6 ounces (View shipping rates and policies)
Average Customer Review: 61 customer reviews
Amazon Best Sellers Rank: #28,117 in Books (See Top 100 in Books)
- #13 in Books > Business & Money > Industries > Financial Services
- #24 in Books > Business & Money > Economics > Money & Monetary Policy
- #28 in Books > Business & Money > Economics > Banks & Banking

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Top customer reviews

Intuitive but could use more details

ByEugene Leeon June 12, 2016

Format: Kindle EditionVerified Purchase

Book covers the possibilities of block chain and core value, but not much detail on the technology's specific capabilities and limitations. No specifics on state balances, game theory, or how to address the scaling issThis made the entire latter half on applications seem unsubstantiated.

0Comment 3 people found this helpful. Was this review helpful to you?YesNo

Five Stars

ByBradley D. Lyonon December 15, 2016

Format: Kindle EditionVerified Purchase

Thus is a great primer fir understanding the potential impact of the block chain. Very valuable.

0Comment 2 people found this helpful. Was this review helpful to you?YesNo

Good place to start your journey on blockchain

ByAniruddhaon November 13, 2016

Format: Kindle EditionVerified Purchase

Presents a very wide perspective of what blockchain is and where it can possibly be used. Although some of the content could be squeezed into a smaller edition. However it does a good job at making sure the reader understand the underlying concept and has more to go on.

0Comment One person found this helpful. Was this review helpful to you?YesNo

The Blockchain Business Oracle has spoken

ByGuillaume Verbalon August 10, 2016

Format: HardcoverVerified Purchase

So you are explaining to your friend how amazing the blockchain concept is!
And then they ask: "So what can you do with this?"
Your answer: "Everything!"

If you want to sound smarter then you are, show off to your tech friends or be fun at parties again, this book is for you!

Amazing business view and understand on what the blockchain could enable. That's what is currently missing in the community in my humble opinion and William is doing a great at summarizing what's currently happening in the community.

I would say it's an intermediate book, beginner could read but you have to be ready to stop sometimes and look up some stuff on the web.

On the bad side I kinda agree with other reviewers here: Strong beginning, weak ending. The end of the book felt like a filler to hit a certain number of pages for the book.

Would greatly recommend

0Comment 4 people found this helpful. Was this review helpful to you?YesNo

Excellent blockchain resource

ByJohn Foyon January 2, 2017

Format: Kindle EditionVerified Purchase

Along with quantum computing, blockchain will be the a highly disruptive economic force in the near future. This book does an excellent job of explaining blockchain's impact on business models.

0Comment One person found this helpful. Was this review helpful to you?YesNo

Blockchain Excellence

Bycpimon May 8, 2017

Format: HardcoverVerified Purchase

Do you want to learn about Blockchain Technology? Then this is the book for you. Read this book and you will learn blockchain.

0CommentWas this review helpful to you?YesNo

Five Stars

ByMDKon August 28, 2016

Format: Kindle EditionVerified Purchase

Great book, explains so much. Thanks :D

0Comment 2 people found this helpful. Was this review helpful to you?YesNo

Not a beginners book

ByDeborah M Nettion May 19, 2016

Format: HardcoverVerified Purchase

IMPORTANT: This is not a beginners book!

Luckily, before buying this book I already knew a lot about blockchain technology. This book doesn't explain blockchain technology in simple terms. If you already understand, it will grow your knowledge, but otherwise, it will probably just irritate you.

By reading this book, there are a lot of things that I learned and I solidified my understanding for the technology. However, the structure and organization of the content and chapters is extremely confusing The book is also a bit repetitive.

0Comment 10 people found this helpful. Was this review helpful to you?YesNo

Most recent customer reviews

Five Stars

The business blockchain is a great read. William Mougayar's insights are extraordinary.

Published 9 days ago by James

You will not be able to stop reading/listening

I have over 25 years in high-tech, and I found this book to be very valuable. If you want to learn about blockchain and the related business opportunities, you will not be able...Read more

Published 13 days ago by S. Wedde

Best First Book to understand the applications of Blockchain Technology in the Business

William Mougayar has conducted an extensive research with the key stakeholders of the Blockchain Community around the world and has put together a well-crafted book on the...Read more

Published 15 days ago by Amazon Customer

Five Stars

Top analysis from a top mind.

Published 27 days ago by Matthew Ely

New to Blockchain? This is the book for you...

If your new to this technology then this is the right book for you. It is concise, informative and powerful. Everything is explained in a comprehensive manner.Read more

Published 1 month ago by Hirkirit Virdee

meh.

Mindless drivel. Here let me sum up the book for you.

Blockchain will be very important. It can record things. Other computers can verify it and come to an agreement.Read more

Published 2 months ago by Mercedesdepo

Reads like a confusing HBR article

I seriously wonder whether the author really understands this technology and its implications. Its as if he's copied his explanatory ideas from someone else and then tries to...Read more

Published 4 months ago by G Whiteman

Not informative

Another book that makes blockchain sound like this magical thing without any technical information as to how it operates or outlining it's application beside just saying it can...Read more

Published 4 months ago by Jason

This book gives fantastic insight into the future applications of blockchain technology

This book gives fantastic insight into the future applications of blockchain technology. It was extremely informative and and absolute pleasure to read.Read more

Published 5 months ago by Amazon Customer

I have been reading "the business blockchain book" digesting every ...

I have been reading "the business blockchain book" digesting every bit of it for the past four months.Read more

Published 6 months ago by Amazon Customer

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