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1 | © 2016 The Tapscott Group. All Rights Reserved.

BLOCKCHAIN REVOLUTION: Prosperity in the Second Era of the Digital Age

International Federation of Library Associations April 8 2016 Don Tapscott

www.dontapscott.com TWITTER: @dtapscott

The Technological

Revolution

Social

Web

Mobility

Internet of

Things

Big

Data

The

Cloud

Drones &

Robotics

Machine

Learning

THE DIGITAL ECONOMY: 20th Anniversary Edition 2014

3 | © 2013 The Tapscott Group. All Rights Reserved.

WHAT IS THE BLOCKCHAIN REVOLUTION?

THE BLOCKCHAIN REVOLUTION: THE SECOND WAVE OF THE INTERNET

BLOCKCHAIN TECHNOLOGY: “THE TRUST PROTOCOL”

THE MIDDLEMAN

THE TRUST PROTOCOL

THE TECHNOLOGICAL REVOLUTION

Social

Web

Mobility

Internet of

Things

Big

Data

The

Cloud

Drones &

Robotics

Machine

Learning

BLOCKCHAINS AS PLATFORMS OF INNOVATION AND VALUE CREATION

THE BLOCKCHAIN REVOLUTION

UNDERSTANDING THE INTERNET OF VALUE

BLOCKCHAIN REVOLUTION: How the Technology Behind Bitcoin is

Changing Money, Business, and the World

May 10, 2016

blockchain-revolution.com

1. Including billions of people in the global economy

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

16 | © 2016 The Tapscott Group. All Rights Reserved.

INCLUDING BILLIONS OF PEOPLE IN THE GLOBAL ECONOMY

17 | © 2016 The Tapscott Group. All Rights Reserved.

www.mpesa.in

1. Including billions of people in the global economy

2. Protecting rights through immutable records

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

19 | © 2016 The Tapscott Group. All Rights Reserved.

PROTECTING RIGHTS THROUGH IMMUTABLE RECORDS

20 | © 2016 The Tapscott Group. All Rights Reserved.

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

22 | © 2016 The Tapscott Group. All Rights Reserved.

CREATING A TRUE SHARING ECONOMY

23 | © 2016 The Tapscott Group. All Rights Reserved.

Suber

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

4. Ending the remittance rip-off and reinventing financial services

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

25 | © 2016 The Tapscott Group. All Rights Reserved.

ENDING THE REMITTANCE RIP-OFF & REINVENTING FINANCIAL SERVICES

26 | © 2016 The Tapscott Group. All Rights Reserved.

www.goabra.com

A NEW PLATFORM FOR THE FINANCIAL SERVICES INDUSTRY?

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

4. Ending the remittance rip-off and reinventing financial services

5. Enabling citizens to own and monetize their data (and protect privacy)

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

29 | © 2016 The Tapscott Group. All Rights Reserved.

ENABLING CITIZENS TO OWN AND MONETIZE THEIR DATA

(AND PROTECT PRIVACY)

30 | © 2016 The Tapscott Group. All Rights Reserved.

YOUR PERSONAL AVATAR

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

4. Ending the remittance rip-off and reinventing financial services

5. Enabling citizens to own and monetize their data (and protect privacy)

6. Unleashing a new halcyon age of entrepreneurship

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

32 | © 2016 The Tapscott Group. All Rights Reserved.

Ronald Coase

(1910–2013)

UNLEASHING A NEW HALCYON AGE OF ENTREPRENEURSHIP

THE INDUSTRIAL AGE

CORPORATION

1. Vertically Integrated

2. Hierarchy

3. Centralized

4. Talent Inside

33 | © 2016 The Tapscott Group. All Rights Reserved.

THE ECONOMICS OF COLLABORATION:

Business

Webs

Extended

Enterprise

Industrial Age

Corporation

VALUE

CREATION

Peer to Peer Val

ue Creation

Physical Financial Networked Intelligence CRITICAL RESOURCES

Self-

Organization

Traditional

Hierarchy

34 | © 2016 The Tapscott Group. All Rights Reserved.

35 | © 2016 The Tapscott Group. All Rights Reserved.

36 | © 2016 The Tapscott Group. All Rights Reserved.

BLOCKCHAIN BUSINESS MODELS

37 | © 2016 The Tapscott Group. All Rights Reserved.

1. Peer Producers

2. The Rights Creators

3. Blockchain Cooperatives

4. The Metering Economy

5. The Platform Builders

6. Blockchain Makers

7. The Enterprise Collaborators

BLOCKCHAIN BUSINESS MODELS

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

4. Ending the remittance rip-off and reinventing financial services

5. Enabling citizens to own and monetize their data (and protect privacy)

6. Unleashing a new halcyon age of entrepreneurship

7. Government for the people and by the people

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

39 | © 2016 The Tapscott Group. All Rights Reserved.

A CRISIS OF LEGITIMACY

40 | © 2016 The Tapscott Group. All Rights Reserved.

A CRISIS OF LEGITIMACY

Legitimacy is:

the capacity of a political system to

engender and maintain the belief

that existing political institutions are

the most appropriate and proper

ones for the society.

Seymour Martin Lipset

41 | © 2016 The Tapscott Group. All Rights Reserved.

A SECOND WAVE OF DEMOCRACY

If the first wave of democracy established

elected and accountable institution of

governance, but with a weak public

mandate and an inert citizenry …

… the second wave will be characterized

by strong representation and a new

culture of public deliberation built on

active citizenship.

42 | © 2016 The Tapscott Group. All Rights Reserved.

TRANSFORMING FOREIGN AID

43 | © 2016 The Tapscott Group. All Rights Reserved.

1. Including billions of people in the global economy

2. Protecting rights through immutable records

3. Creating a true sharing economy

4. Ending the remittance rip-off and reinventing financial services

5. Enabling citizens to own and monetize their data (and protect privacy)

6. Unleashing a new halcyon age of entrepreneurship

7. Government for the people and by the people

SEVEN TRANSFORMATIONS FOR A PROSPEROUS WORLD

44 | © 2016 The Tapscott Group. All Rights Reserved.

Paradigm shifts involve dislocation, conflict, confusion,

uncertainty. New paradigms are nearly always received with

coolness, even mockery or hostility. Those with vested

interests fight the change. The shift demands such a different

view of things that established leaders are often last to

be won over, if at all.

45 | © 2016 The Tapscott Group. All Rights Reserved.

46 | © 2016 The Tapscott Group. All Rights Reserved.

BLOCKCHAIN REVOLUTION: How the Technology Behind Bitcoin is

Changing Money, Business, and the World

May 10, 2016

47 | © 2016 The Tapscott Group. All Rights Reserved.

blockchain-revolution.com

48 | © 2016 The Tapscott Group. All Rights Reserved.

49 | © 2016 The Tapscott Group. All Rights Reserved.

Don Tapscott

www.dontapscott.com

don@tapscott.com

twitter: @dtapscott

(416) 863-8801

Helping companies and governments

succeed in the Digital Economy

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