don tapscott – radical openness
Driven by an explosive combination of the spread of the Internet and the ability of people everywhere to connect and collaborate around shared interests and goals, the primary difference between the old and new systems can perhaps best be captured by a single concept with profound ramifications: radical openness.
As Zappos has figured out, the strategic reason to provide greater transparency to stakeholders concerns an increasingly scarce but critical resource: trust.
With costs of collaboration falling precipitously, companies can increasingly source ideas, innovations, and uniquely qualified minds from a vast global pool of talent that far exceeds what they could afford to employ full time. The upshot is that open companies can innovate more quickly, cheaply, and effectively by leveraging expertise they wouldn’t otherwise have access to.
Third, manufacturers are surprisingly bad customizers, in part because the information they need to ascertain and meet consumers’ diverse needs is “sticky,” meaning that consumers only develop that information through experience and have difficulty recording it and transmitting it to manufacturers. In the end, allowing users to participate in innovation makes everyone (companies and customers) better off: The needs of users will be better addressed, users will have more fun, and manufacturers will make more money, both because fewer products will fail and because users are willing to pay…
Today’s youth are armed with a new communications medium that gives them access to secular information and the ability to organize without organizations, and these deep stirrings for individual expression and democracy are increasingly congealing into organized political movements that reach across national borders and effect real change.
from Radical Openness – Don Tapscott
Don Tapscott on impact of social media, ‘The Digital Economy’
generation that doesn’t vote, can’t get jobs, …
how do you control their well -being?.. control?
how is it such a vision if it still includes school as is..? or does it?
interview on microwikinomics (2010):
24 min – 3 day convos
book links to amazon
– – – – –
p. 7 – given an open platform and a complement of simple tools, it turns out..
.. ordinary people
..can create effective new information services that are speedier and more resilient than traditional bureaucratic channels.
p. 14 – it’s easy to see these issues as isolated, but in fact they are highly interrelated.
p. 19 – in the old paradigm, there were clear roles and responsibilities. in the new world of wikinomics, the lines between sectors and institutions are blurring.
p. 26.. 5 principles of age of networked intelligence: 1. collaboration 2. openness 3. sharing 4. integrity 5. interdependence
p. 83 – killer apps
p. 171 – getting naked – open source ness
p. 285 – participatory urbanism
p. 294… – five priorities: 1. create a culture of openness 2. build platforms for participation 3. foster dialogue and continual improvement 4. protect the public interest 5. organize collective action in industry
p. 299 – solving global problems: beyond the nation-state
p. 344 – ground rules for reinvention: making wikinomics happen in your organization: 1. curate – don’t just create. curate a context for people to self-organize 2. commons – rethink the commons 3. let go (one of the biggest is a fear of losing control) …….[4. find and strengthen the vanguard 5. create a culture of collab 6. empower the net generation]
New Expectations from a New Generation
Published on Sep 13, 2013
Don Tapscott (CEO of the Tapscott Group) speaks of a new generation of innovators, collaborators and multitaskers who focus on speed of information, who aren’t recruited but needs relationship building and who redefine where the borders of a company go to and who can help in a given situation. Learning and working happens at the same time and companies need to realize the expectations and realities of the new generation.
50 sec – what are you doing… this, this, or this, and their answer is.. yes.. it’s all the same to them
2 min – you don’t train them because work and learning are the same thing, you don’t try to retain them because they can move inside/outside of boundaries, you don’t try to evaluate them, because they want feedback everyday..
notes from bif 6:
on higher at via Davos:
notes from bif 6:
Don Tapscott– via skype
the harder I work the more luck I have
how I ended up in this digital world
in edmonton – office of the future job – perfect – no one can ever prove you wrong
the reason – david tulberg in cabin 3 – unix genious
1978 – traveled all around stanford – douglas – augmenting knowledge workshop, he invented the mouse, word processing, hyperlinks – became his mentor (?)
A study in bad-timing
People told him that will never happen – because managers will never learn to type
Everything reduced to typing efficiency – I became a typing evangelist
Then paradigm shifts –
Who knows – safe guarding privacy
Kids effortlessly able to use tech… then noticed all their friends
Growing up digital –
Digital capital – bad timing – but a book I’m very proud… pure enlightenment
Macrowikinomics – my life’s work. The industrial economy has finally run out of gas and the internet has come of age. Institutions are stalling- revamping for this..happened before 1800’s printing press – knowledge – institutions stalled
Music industry is suing children – #3 source of music industry – suing people that love their art
Good news – sparkling new initiatives how people are
These ideas are ideas in waiting
For kids who this is like the air they breath
Social networking is like a
They’re waiting for financial crisis
A new age – where human intelligence can be networked
Luck is what happens when preparation meets opportunity
Opportunity to reinvent civilization and the stakes are high not to.
Saul – I’d rather have Tapscott with a bad skype connection than not at all every day
feb 2015 – ( via a tweet by Sandy)
2015 EMERGING ISSUES FORUM: LIVE!
Welcome! Thank you for joining the 2015 Emerging Issues Forum, Innovation Reconstructed, as a virtual participant. Everything you need for a great Forum experience is right here.
the job problem going to come from entrepreneurship…
unless it comes from money less ness.. no?
why the corporation?
rhodes scholar, et al, and doesn’t read books..
The burning platform problem – the cost of staying where you are is higher than moving to the unknown – Sandy
Biomimicry mentioned by @ “Murmuration” – a big collaboration, openness, interdependence – Sandy
– – –
just finished reading chasing the scream where Johann writes..
Nothing has to stay the same. If a dogma is not working, no matter how strong/immovable it seems, you can cast it aside it & start anew.
indeed. even money, school, higher ed, books, corporations, …
another way. no. a really nother way.
feb 2015 –
The Digital Economy: Rethinking Promise and Peril in the Age of Networked Intelligence
rethinking the architecture of the corporation
what if we rethink without it being tied to money
one change of corp.. from product to service
23 min – record industry’s #1 resource is suing people, even kids
the need for a mechanism in place… ie: Jane
25 min – youth unemployment
28 min – in book i said – data minimization – we need to be careful about what we share.. in hindsight – that one’s gone… ie: what happens in vegas stays on youtube.. all of us are building up the virtual you.. may know more about you than you do
30 min – this is not orwell – someone watching you.. i think it’s naive to think govt is always benevolent..
convo w/Tim – there’s a relationship issue.. how to build a relationship when everyone knows everything about everybody
distributed media has been laid on top of a community that’s not
33 min – Thomas – says his writing is spot on – what will this do to our quality of life.. now i see inane stuff online.. i think the jury is out on this one.. each of us has to think about designing our life in new ways…
i was wrong – i thought all this data would set us free… but ie: vaccinations.. this huge balkanization of public discourse.. again – i think the jury is out
36 min – grown up digital – wrote it with 300 youth.. all the bad we keep saying about digital youth.. none of it is substantiated – overall turns out – this is the smartest generation – more kids are graduating.. more getting into tough schools..
? whoa. Denise ness – i agree on goodness of youth – but using school/uni success as measure. oh my.
38 min – you tell me – have we invented govt..? there are great initiatives.. ie: via Tim Oreilly – govt as platform – so people can self-organize.. we create commons.. seeclickfixan example of that..
there’s a crisis of democracy in our institutions.. ie: youth not voting..
how do we reinvent democracy for the new age.. here’s my davos moment: i’m on this panel.. argue – we have a crisis – congress can’t pass a law that’s the will of 90% of the people…
guy on panel of avaaz – (34 million youth in social network trying to change the world)… why is it a crisis if all youth think it’s ok that institutions are bankrupt..
44 min – obama went from yes we can – to we know you, ie: big data finding disengaged young people in order to swing votes
citizens no longer inert
1984 – 6000 protests.. last yr – 200000 protests.. turns out our promise to youth wasn’t so accurate.. we need to fix this..
47 min – site to organize horrific activity
48 min – to me – the 2nd wave is dependent on bitcoin.. the net we have today is not that great for business…
what if it’s not supposed to be..?
world wide ledger – that’s what blockchain is.. not just who paid who.. but who owns what.. what thing did an interaction with what other thing.. this is an incorruptible ledger
wow – think about the applications of that.. corps owned by thousands of people.. what would that mean to the way we manage corps.. it’s the whole concept of management.. more decentralized/democratized. .. could this solve inequality.. making all a part of the global economy.. (ie: ability to have a bank account)
again – what if money/business/corp become irrelevant
54 min – we need a new agenda.. multi-stake-holder
i’m not just talking about this… i’m doing it… ie: my site.. multi-stake-holder models..
55 min – what i’m talking about is maybe a new paradigm..
the future is not something to be predicted.. it’s something to be achieved.. we need to make sure the promise of the digital future is realized…
could we go beyond just sharing info.. collective consciousness
during egyptian protest – kids will wear out – but not when we create this murmuration..
perhaps the murmuration we all crave – the one that could self-sustain – begs to be grounded in a non-business ness. that’s what i’ve heard.. from the 100s of youth.. free enough to speak freely. as well as their parents.. and other adults…. i’ve been listening to.
june 2015 – joining wef
sept 2015 – Blockchain Technology and The Architecture of the Firm – via thinkers 50
cost of search…
cost of contracting..
4 min – p2p hasn’t really happened… companies still look like companies
what if pure p2p platform.. where we could do transactions w/o 3rd party in middle… well: blockchains (base of bitcoin) .. enables us to do safe transactions because we don’t need to trust each other.
? dang.. so not getting this..
6 min – smart contract – governs relationships between people to create value.. finally.. rise of global/computational platform…
ah. computational… that’s what’s killing us… why measure..?
part of new book – blockchain revolution – that i’m writing with alex
nov 2015 – ethereum devcon
Devcon1 – Ethereum Developer Conference livestream:
notes from twitter on Don‘s talk – don’t see it on today’s livestream video
@dtapscott – the future is about mass #collaboration implemented through #blockchain technology. #devcon1 @FuturICT https://t.co/iQv6DEhKSB
Original Tweet: https://twitter.com/StefanSchose/status/664039188975771648
Awesome talk by Don Tapscott about the broader implications to economics and society of blockchain tech at #devcon1 https://t.co/xfYSEnOeWq
Original Tweet: https://twitter.com/lucksus/status/664038617417916416
What’s wrong in the world? Listen to #devcon1 speaker @dtapscott and use #blockchain to fix it. #Ethereum https://t.co/8G6VkHx4DV
Original Tweet: https://twitter.com/Ether_Press/status/664036351839481856
Sent via TweetDeckAlex Todd @Trust2Pay
Don Tapscott introduces concept of the “digital you” at #devcon1
Don intro at 1:45 and Don starts at 1:47 here:
Don’s and Alex’s book out in april 2016
video – digital workers more efficient w/time to spare for cat videos.. et al
1:48 – in this room is the future of many hopeful things.. not just for global economy.. but for civilization
computers becoming communications tools.. my 80s book.. then finally wrote book that somebody read – digital econ
what promise and what peril since web
why this event is so important… to be part of a huge transformation
from book – tech could: 1\ unemployment – new access class – beyond land 2\ privacy break – data frackers 1:51 – ie: dataminr – goes out on twitter.. to cnn – dark side: disrupted capital markets..so short companies…
1:52 – bigger problem – somehow we all did a deal to give away our data.
jeff jarvis – book: public parts.. he says this is great..transparency not just for corps but for individuals.. if we all give away data – world would be a better place… i think this is foolish/dangerous.. privacy is foundation of free society.. and identities need to be managed responsibly
1:53 – in digital econ – i conjured up view of orwell and big brother watching you.. i don’t think that’s right.. it’s more kafka watching you..big trial… don’t know what evidence against you is..
3\ wealth creation w/o prosperity… now occurring.. for first time in modern history.. 51% not getting ahead.. falling behind
4\ quality of life 5\ family
1:54 – best business book last year by essentially a marxist – capitalism broken and at the heart of irreversible social inequality – pickety’s capital – this is not good
1:54 – talking to tim berners lee about this.. he said – it’s true .. we have this wonderful p2p tech… platform for info (not value)… but got laid on top of a society that’s anything but.. now we have asymmetrical benefit.. so rich are getting richer… powers own data.. creating wealth.. not prosperity
on – laid on top of a society – ie: the need to do this first: free art ists..
6\ govts slow with shift.. initial stuff ie: online but deep structure architecture the same – ie: govt as platform… but very limited..
7\ democracy … we now have crisis of legitimacy of democratic institutions… if young people turn away from democracy.. this is a big problem… more into don’t vote ness
1:58 – my davos moment – asked me – why is it a crisis if millions of young people don’t buy into our fossilized institutions..
2:00 – obama – platform where 35000 communities self-organized… then killed them because they had big data.. when from yes we can to.. we know you..
we have a burning platform for change
i think we’re getting another kick at the can.. it started with bitcoin … could this be the real deal.. the thing we’ve been looking for.. this dream of a true p2p society.. that’s why what you’re doing is so important
not about creating cool businesses.. but dealing with a world that is too unsustainable/conflicted.
2:02 – well the economist got involved.. not sure how well they did.. but uprising
book in april – the trust protocol – but will be called – blockchain revolution
will financial industry
2:04 – opportunity to dis intermediate between financial institutions..
what does all this mean – ronald coase holds key to everything.. 80 yrs ago – noble prize winning paper.. why does firm exist.. why don’t we all have own private companies.. because of transaction cost..
cost of transactions in open market greater than in boundaries of ford..
boundaries of corps are becoming more pouros.. in internet (cisco) … and now.. w/blockchain.. opportunity to drop transaction costs so much.. we can radicalize ways to engage..
ie: make transaction irrelevant. 1 yr to be 5; 1 yr to try commons
2:07 – big solution to problem of social inequality: redistribution of wealth.. well what if we also did distribution
2:08 – i get my idea of sharing from pre schoolers.. uber is a billion dollar service provider
what is blockchain uber
all about the creators of value receiving the value they create
what if we had a music industry that’s a distributed app.. 21st cent music industry where finally musicians can make a living creating their music
2:11 – blockchain to reclaim remittance exchange
2:12 – what if you owned the virtual you
2:13 – maybe our model is wrong – global institutions based on nation states… new model: multi stake holder networks… not controlled by states.. out of 10 – governance network.. governed by ecosytem… w3 ie: consortium; eff;
what we need today .. is a self-organizing set of govn networks…
neighbor\hood govt ness
2:16 – end – video (didn’t play) of starlings.. murmuration
getting rid of middle man in all kind of transactions
feb 2016 – ideacity talk
find the geek
people saying only incrementalism lies ahead.. others saying our accelerators are accelerating…
to get our bearings on where we’re at and where we ought to be going… don
all the bads.. of under 30s – great stereotype.. 11,000 interviewed… not supported by data
time online isn’t taken away from the stuff we think… it’s taken away from tv… creating a generation that thinks differently
the number one variable determining what your brain is like past your dna.. is what you spend your time on
taking the brain past functionality
there are real reasons why the bottom third aren’t doing well.. this isn’t a media/net problem… it’s a political problem… the internet is part of the solution
first time in human history where children are an authority on something important… we have a generation lap.. lapping parents.. who does the systems admin in your home
self-organization has been reflecting throughout society.. and now has a wonderful new power
decision making ness
#1 killer of young people today is suicide.. very small amt is due to bullying.. maybe we focus more on mental illness
kids in school know more about learning revolution, at home know more about social media rev, at work have more tools at disposal than big corps.. this is a formula for fear
the story of the one youth in the room when asked what he thinks of school/learning today: i don’t read books… i don’t follow someone else’s narrative.. rhodes scholar 2009 –
young people saying – we want hope – .. if we listen to them for the first time in history the children can help show us the way…
Rethinking Learning for the Networked Age | ChangSchoolTalks 2016
biggest innovation – blockchain… massive distributed data base… like a big spreadsheet that enables you to capture the truth.. and when truth is captured.. can’t be change..
so what when we find out … supposed truth was not truth..
blockchains will be at heart of ed change.. you heard it here first..
i’m a digital immigrant – i had to learn the language..
4 milll dollar project.. 11 000 youth – 8 norms… build your learning systems around these 8 norms..
or decide it’s time to disengage from learning systems.. no?
blockchain… et al… help us rethink capability in society… so people inside/outside of uni..
yeah… city as school/uni
rob mckewan – uniquely qualified minds he found were outside…
everyone can self organize.. esp students…
esp student set free…so that means all of us.. as art ists…
we’ve found that tools bring down a regime.. haven’t yet figured out how to org another way
hosting life bits.. io dance ness…
we need to fix this
yes.. let’s do Don… today…
his 5 points of ed transformation..
1\ new model of pedagogy.. describes doing uni stats via – sra style – replace lecture with (described blended/flipped/pbl ness)
great.. but not sustainable.. and certainly not up to our capabilities…
2\ platforms for collab – blogs and wikis… like p2p learning… used to coord students activities/hw….etherpad, thinglink
yes… great techs… but no matter.. if we keep people in boxed curricula
3\ re thinking classroom… then describes new kind s of furniture.. and clickers & skype…type tech…
whoa.. city.. matters… as the day matters… skype is kinder.. but not freeing enough.. again… in your words.. to see our capabilities…
4\ assessment – automated feedback/lms data analytics.. as you work
? – key – as you work on what.. who decides…
5\ re imagine uni – tells story of joe.. not reading books.. gets rhodes scholar.. first time ever.. kids can lead the way.. listen to them
talks swarm.. and needing the will to fix it.. we need something (like blockchain) to connect us…
He also discusses his latest work on the opportunities presented by blockchain technology. What if there were a next generation of the Internet, he asks, where we could conduct peer-to-peer transactions-not just to exchange information, but to exchange value and money?
? perhaps.. not exchange info for info sake.. but perhaps curiosity/self-talk data/info to connect us… et al.. as the day.
so perhaps could call that value.. perhaps.. but not money..
we should swim past – disengage with – anything that seeks to measure us/transactions.. et al..
We can’t do that yet without a powerful intermediary-like a credit card company or PayPal; but before long, the Blockchain will make it-and much more-possible. In the end, he says, the first era of the digital age has not fully delivered on its promises. Through GSNs and the Blockchain, we will have another opportunity to rewrite the economic order of things-and dramatically improve the state of the world.
perhaps.. again.. by disengaging from all our assumptions/perceptions/myths of an economic order.. perhaps only way to improve state of the world..
may 2016 – interview with Alex via Mitch Joel
5 min – on the problem of sending copies of digital assets.. which require id and settlement… so we’ve had to rely on middle men… to verify us.. now all that can be done through blockchain… so first time ever can have p2p value… – don
7 min – first gen internet.. whole bunch of info moved to 1s and 0s.. in value… still no native digital format… it’s all paper based.. so blockchain a new medium for value.. how we store money and other assets… – alex
9 min – is this like 94 – digital econ..? yes – future not to be predicted.. but to be acheived.. – don
14 min – look at blockchain strategically.. how can i change underly of my business.. what kind of prosperity can you create in world.. – alex
perhaps.. use blockchain to move away from ie: business…
21 min – not having access to banking and not having title to property… precludes you from being functioning participant in global econ. majority of people don’t have a way to store value… – alex
24 min – blockchain… brings clarity in who owns what.. – alex25 min – on many people having phone.. but most don’t have access to banking… – alex
26 min – then id’s.. but all connected to a bank knowing who you are.. these are the fundamental problems today… toward property – alex27 min – on democratizing creation of wealth – maslow’s hierarchy… a lion is chasing you .. don’t care much if someone loves you… first thing needed is a bank acct – don
28 min – money as not #1 (mitch) – i wouldn’t say it that way.. money is central to all of this.. it’s how we move value around – don
29 min – distributed ledgers need a way of achieving consensus and validated truth – don
31 min – chapter on 10 show stoppers.. ie: criminals could use it.. ultimately we came down to – these are implementation challenges that needed to be overcome… we think there are solutions to every single one.. what tech needs.. what blockchain revolution needs.. is leadership/governance… not governments.. – alex33 min – i’m hopeful… i had been losing hope over the last few years .. at least with blockchain.. we have another kick at the can.. ie: data, this huge asset…and now.. others own it.. what if you owned your own… – donstopped at 38 min
the change is no more middle mantalking about 10s of billions of dollars..i don’t think banks are going to go away… they’re going to respond and use this techif you’re in the middle and can take a tax… that’s got to change..it’s all about the blockchain.. this is it.. we’ve had this thing for couple of decades.. internet of info.. now have opp to change many institutions in society.. ie: fairly compensate music industry; carbon taxes; entrepreneur’s new platform; investor w historic opp.. bigger than whole first round of internet; voter – politicians elected with smart contracts..
Don Tapscott, “What if there were a second generation of the Internet that enabled the true, peer-to-peer exchange of value? We don’t have that now. If I’m going to send some money to somebody else, I have to go through an intermediary—a powerful bank, a credit-card company—or I need a government to authenticate who I am and who you are. What if we could do that peer to peer? What if there was a protocol—call it the trust protocol—that enabled us to do transactions, to do commerce, to exchange money, without a powerful third party? This would be amazing.”
biggest tech.. for next few gens..not sm, big data, robotics.. not even ai.. it’s underlying tech for digital currencies like bitcoin.. called blockchain
next gen of internet.. vast promise for every business
past few decades.. internet of info.. not sending original.. sending copies.. democratised info.. but when it comes to assets.. money, stocks, bonds, intellectual property, vote… sending copy is a bad idea.. if i send you $100 it’s important i still don’t have the money..
internet of value.. transacted/exchanged/managed.. what if there were a native medium for value..4 min – explaining bitcoin.. transaction w/o intermediary.. don’t be confused about bitcoin.. really pony is underlying tech: blockchain ..5 min – for first time.. people everywhere can trust each other and transact.. p2p.. trust is established not by institution.. but by collab.. by cryptography and clever code.. trust is native to the tech.. i call it the trust protocol…digital assets distributed across global ledger.. miners… massive computing power at finger tips.. miners.. every 10 min .. create a block..6 min – miners solve tough problems and compete.. first miner to find out truth and validate block is rewarded in digital currency.. ie with bit.. then that block linked to previous and previous block.. to create a chain.. time blocked/sealed..7 min – across millions of computers simultaneously.. crypto safe.. that’s how block chain works.. bitcoin is just one.. ethereum developed by 19 yr old canadian.. can build smart contracts.. that self-execute.. ie: performance/payments/agreements.. everything to from creating now stock market to new model of democracy8 min – look at financial services.. w/blockchain.. no settlement.. because payment and settlement are same thing..9 min – applications.. why should you care… shared prosperity.. this is at heart at all anger/extremism… brexit being most recent case… could we pre-distribute wealth.. change way it gets created in first place…10 min – 5 ways this can be done1\ protecting human rights thru immutable records (land title on a blockchain)2\ creating a true sharing econ.. brnb.. companies are successful because don’t share.. rather than bnb profit.. brnb owned by all who have a room to rent..all who have rooms are on chain.. handles payment.. ie: rating of 5 is there and immutable..
3\ ending the remittance ripoff
this is a big opp for prosperity..
4\ recapturing our identities. . enabling citizens to own/monetize their own data
data is really a new asset class.. bigger than previous asset classes
we leave this trail of digital crumbs and these crumbs are collected into a mirror image of you.. the virtual you.. and it may know more about you than you.. can’t remember what you said.. what you bought.. where you were 1 yr ago..
14 min – big problem.. data not owned by you
15 min – identity in a black box.. virtual you owned by you.. stingy.. because a lot of transactions.. seller doesn’t even need to know who you are .. just need to know they got paid
and then this avatar is sweeping up all this data and enabling you to monetize it..
and this is a wonderful thing because it can also help us protect our privacy.. and privacy is the foundation of a free society..
let’s get this asset we create back under our control5\ ensuring compensation for the creators of value (imogene heap: the song becomes a business)
18 min – tech genie has escaped.. giving us another kick at the can.. to solve some of world’s most difficult problems.. if we will it
This is all about the value going to the creators of value rather than to powerful forces that capture it.
In the process, we can protect our privacy. Privacy is a basic human right, and people who say “It’s dead—get over it” are deeply misinformed. It’s the foundation of a free society.
Don Tapscott (@dtapscott) tweeted at 7:29 AM – 1 Nov 2016 :
The fun never stops! I’m currently being interviewed by @excellencecanada for the #excellencesummit @cbeaAwards https://t.co/YdtcQv0jil (http://twitter.com/dtapscott/status/793444865350696961?s=17)
same thing pres Obama said when talking w Joi about ai..
Don Tapscott (@dtapscott) tweeted at 7:21 AM – 3 Nov 2016 :
Central Banks around the world seek to get in on #DigitalCurrency. One step closer to full #Blockchain adoption! @FT https://t.co/OVXwqPb9Zo https://t.co/GuC4KVDoQ7 (http://twitter.com/dtapscott/status/794167612766818304?s=17)
and via previous.. you are having fun..?but this is not revolutionary for humanity/soul
rather.. it’s perpetuating money as os… so it’s perpetuating not us news_______
The Blockchain Revolution and Higher Education buff.ly/2nOlp0o Interesting.
Governments, banks, digital platforms (e.g., Amazon, eBay, and AirBnB), and colleges and universities do the work of ..
establishing our identity, vouching for our trustworthiness, and helping us to acquire and transfer assets and settle the transactions.
what if all these are irrelevant to human be ings..
Overall, they do a pretty good job — but there are limitations.
What if there was an Internet of value — a global, distributed, highly secure platform, ledger, or database where we could store and exchange things of value and where we could trust each other without powerful intermediaries? That is the blockchain.
The blockchain can be programmed to record virtually everything of value and importance to humankind, starting with *birth certificates and moving on to educational transcripts, social security cards, student loans, and anything else that can be expressed in code.
again.. let’s imagine *these are irrelevants.. to human be ings..
Students are not getting just a *grade; they are getting a **credential, which they can put to use immediately on the job ***market.
imagine *grades **credentials ***jobs for pay.. all irrelevant
However, without a means of associating students’ identities with their achievements, recording and credentialing these achievements over time, rewarding constructive and collaborative behavior in the community, and otherwise holding participants accountable for deliverables, this Internet-only meta-university would still fall short of traditional education….
The blockchain provides a rich, secure, and transparent platform on which to create such a global network for higher learning.