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Chain Reaction - How Blockchain Will Transform the Developing World (Hardcover, 1st ed. 2021)
Loot Price: R736
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Chain Reaction - How Blockchain Will Transform the Developing World (Hardcover, 1st ed. 2021)
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Amidst the constant stream of overly technical and excitable books
heralding a blockchain revolution that's destined to be more
disruptive than the Internet, this book stands apart for its more
nuanced take, focusing on the potential for these new technologies
to change developing countries for the better. Chain Reaction
divides the world into two: for some, blockchain seems a poor
substitute for an efficient banking and regulatory system in which
transactions are settled instantly and contracts are underpinned by
solid institutions. For others, it will be truly life-changing -
namely those living in countries where rule of law is weak,
concepts of ownership are vague and, consequently, trust in
institutions is in scarce supply.With blockchain, we are about to
witness a leapfrogging - one that will bring the next billion
emerging consumers into the formal economy by creating reliable
institutions of contract, ownership and trust among people
previously denied such luxuries. The authors humanize the
technology by taking the reader on a global journey through a
multitude of applications - from registering property to voting and
delivering aid. In place of the usual abstract lessons in complex
technology, this book is instead filled with lively anecdotes of
places where trust is so weak that a crisp dollar bill sells at a
premium to a better-used version. The book's goal is to create the
first truly approachable, entirely comprehensible and enjoyable
read on the wonders to come from blockchain.
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