Word on the Block: Don Tapscott
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There is a global transition underway from an “internet of information” to an “internet of value” with blockchain as its foundation, Blockchain Research Institute Executive Chairman Don Tapscott said in an interview with Forkast.News. According to the blockchain think tank’s new report — which outlines recommendations for the Biden administrations on how to approach, regulate and lead blockchain technology — any failure by the U.S. government to embrace and sensibly regulate crypto would sap the nation’s economic strengths and erode its long-term competitive advantages in tech and business innovation.
“The report is a direct and very personal call to the President and the Vice President in terms of how they use technology themselves to engage with citizens, and to maybe turn the situation around where there’s a complete crisis of legitimacy for American democracy today,” said Tapscott, who has authored or co-written 16 books on business and technology, including the best-sellers “Wikinomics,” “The Digital Economy,” and “Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World.”
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