Don Tapscott and his son Alex Tapscott wrote recently a book about Blockchain Revolution. You can find the book here:
http://dontapscott.com/books/blockchain-revolution/Since
APPC and and
ASPCSR is developed on blockchain technology and other great features to come will be implemented on this technology and since I believe in this project, i think the following quotes from this book are an excelent addition to original post to make even more people come and use it and for a better understanding.
The blockchain first came to light around 2008, when “a pseudonymous person or persons named Satoshi Nakamoto outlined a new protocol for a peer-to-peer electronic cash system using a cryptocurrency called bitcoin,…” wrote Don and Alex Tapscott. “This protocol established a set of rules - in the form of distributed computations - that ensured the integrity of the data exchanged among these billions of devices without going through a trusted third party. This seemingly subtle act set off a spark that has excited, terrified, or otherwise captured the imagination of the computing world and has spread like wildfire to business, governments, privacy advocates, social development activists, media theorists, and journalists, to name a few, everywhere…”
“Today thoughtful people everywhere are trying to understand the implications of a protocol that enables mere mortals to manufacture trust through clever code. This has never happened before - trusted transactions directly between two or more parties, authenticated by mass collaboration and powered by collective self-interests, rather than by large corporations motivated by profit.” The blockchain is essentially “the World Wide Ledger of value… - a distributed ledger representing a network consensus of every transaction that has ever occurred.”
he original blockchain vision, - as inspired by Satoshi Nakamoto, - was limited to creating bitcoin, a digital currency and payment system whose users could transact directly with each other with no need for a bank or government agency to certify the validity of the transactions. There was no broader goal of creating the next generation of the Internet or of fundamentally transforming how the economy works. But, as has been the case with the Internet and World Wide Web, the blockchain has now transcended its original objective.
In the course of researching their book, Don and Alex Tapscott talked to lots of people and read many publications to better understand the potential of blockchain in shaping the evolution of the digital economy. A number of themes emerged from their research which they distilled into seven blockchain design principles:
- Networked Integrity - “Trust is intrinsic, not extrinsic. Integrity is encoded in every step of the process and distributed, not vested in any single member… For the first time ever, we have a platform that ensures trust in transactions and much recorded information no matter how the other party acts.”
- Distributed Power - “The system distributes power across a peer-to-peer networks with no single point of control. No single party can shut the system down.”
- Value as Incentive - “The system aligns the incentives of all stakeholders… Now we have a platform where people and even things have proper financial incentives to collaborate effectively and create just about anything.”
- Security - “Safety measures are embedded in the network with no single point of failure, and they provide not only confidentiality, but also authenticity and nonrepudiation to all activity… In the digital age, technological security is obviously the precondition to security of a person in society.”
- Privacy - “People should control their own data. Period. People ought to have the right to decide what, when, how, and how much about their identities to share with anybody else.”
- Rights Preserved - “Ownership rights are transparent and enforceable. Individual freedoms are recognized and respected.”
- Inclusion - “The economy works best when it works for everyone. That means lowering the barriers to participation. It means creating platforms for distributed capitalism.”
“[T]hese seven principles can serve as a guide to designing the next generation of high-performance and innovative companies, organizations and institutions. If we design for integrity, power, value, privacy, security, rights and inclusion, then we will be redesigning our economy and social institutions to be worthy of trust.”
This is my feeling ( I am not an important person in Crypto world ) but I think these messages are important and serve on this coin.
If you all who have invested in the development of the coin and the creator think this will be a good addition and will clear more the process of the
APPC and
ASPCSR then feel free to donate few coins to the APPC address in my signature.
Cheers!
