How Blockchain Is Decentralizing Finance and Disrupting Wall Street
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In tune with the crypto Zeitgeist, Alex Tapscott brings us a well-researched and highly accessible book on the peer-to-peer marketplaces and open economic systems that are supporting new digital assets like NFTs, CBDCs, stablecoins, crypto derivatives, and more. Tapscott writes,
If bitcoin was the spark for the financial services revolution, then DeFi and digital assets are the accelerant. The fire will engulf firms that fail to innovate, adapt, and embrace this hot new industry. The conflagration will suck oxygen from centralized systems and blow it into a new decentralized web. The financial phoenix that rises will be virtually unrecognizable from the system we have today.
This book is about more than dislocating market intermediaries. It's about Web 3's unleashing new business models and organizational capabilities that will transform existing industries and redefine the architecture of our institutions. Leaders ignore these signs at their own risk.
Alex Tapscott is an entrepreneur, business author, and seasoned capital markets professional focused on the impact of emerging technologies such as Web3, AI, VR/AR and the Metaverse on business, government, and society. Alex also runs the Digital Assets Group at Ninepoint Partners, a leading investment firm with $8 billion in assets under management and institutional contract, where he recently launched the Ninepoint Web3 Innovators ETF(TKN-TSX). His writing has been featured in The New York Times, Harvard Business Review, The Globe and Mail, The National Post, TIME, Fortune, and many other publications. Alex is the co-author of the critically acclaimed bestseller, Blockchain Revolution, translated into more than 19 languages. His other books, Financial Services Revolution and Digital Asset Revolution were published in 2020 and 2022 respectively. His latest book, Web3: Charting the Internet’s Next Economic and Cultural Frontier, will be published September 19th, 2023.
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