Alex Tapscott

Co-author of Blockchain Revolution
Founding Member, IMF’s High Level Advisory Group on Fintech

Disruptive Technologies and Business Opportunity.

Add to Shortlist More Information NPV @alextapscott

Biography

Alex Tapscott is an expert in early-stage, high growth companies and path-breaking business ventures. A passionate advocate for the disruptive potential of new technologies as key to start-up success, he believes the emerging blockchain platform will provide significant entrepreneurial opportunities as it revolutionizes the way we transact our lives.

Blockchain is the open-access, secure global platform on which Bitcoin is based. In a world where, according to Alex, "It’s cheaper and faster to mail an anvil to China than it is to send $100,” blockchain facilitates an authenticated, peer-to-peer transfer of value without an intermediary (such as a bank), in a manner that is transparent, public, permanent — and completely anonymous.

As the Internet protocol has dropped the cost of sharing information to almost zero, blockchain will do the same for value, eliminating the need for the burdensome systems of current financial institutions. But while the Internet is notoriously untrustworthy, the blockchain "world wide ledger" is incorruptible and so its functionality can be applied to other private exchanges and permanent storage — for example voting, legal contracts, government records and more.

With an in-depth knowledge of blockchain's transformative capabilities, Alex addresses its potential applications in global finance, government, healthcare, education — as well as its promise for the start-up world. He is the founder and CEO of Northwest Passage Ventures, an advisory firm in the blockchain industry. Alex is the co-author (with Don Tapscott) of the critically acclaimed #1 Globe and Mail Non-fiction best-seller, Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World (Portfolio / Penguin Random House 2016).

"A highly readable introduction to a bamboozling but increasingly important field" — The Guardian

Tapscott was named as a founding member of the IMF’s High Level Advisory Group on Fintech. He was one of two Canadians chosen (along with Deputy Governor of the Bank of Canada, Carolyn Wilkins). The group of 14 will work closely with the IMF's Interdepartmental Working Group on Finance and Technology to study the economic and regulatory implications of developments in the area of finance and technology.

Alex currently sits on Advisory Board to Elections Canada, the independent, non-partisan agency responsible for conducting federal elections and referendums. He is also a founding Member of the World Economic Forum’s Global Futures Council on Blockchain. Alex was Director of Institutional Equity Sales at Canaccord Genuity Inc. from 2008 to 2015. He managed a diverse client base of value, growth, long/short equity, merger-arbitrage and activist investors, including many of the largest asset managers in Canada and some of the largest hedge funds in New York.

Alex is a graduate of Amherst College (cum laude) and is a CFA Charterholder.

Books

Blockchain Revolution

How the Technology Behind Bitcoin Is Changing Money, Business, and the World

Don Tapscott and Alex Tapscott

The first book to explain why blockchain technology will fundamentally change the Internet, what it does and how we use it.

Over 30 years, no theorist of the digital age has better explained the next big thing than Don Tapscott. For example, in Wikinomics Tapscott was the first to show how the Internet provides the first global platform for mass collaboration. Now, he writes about a profound technological shift that will change how the world does business — and everything else — using blockchain technology, which powers the digital currency Bitcoin.

The Internet as we know it is great for collaboration and communication, but is deeply flawed when it comes to commerce and privacy. The new blockchain technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body. Keeping the user's information anonymous, the blockchain validates and keeps a permanent public record of all transactions. That means that your personal information is private and secure, while all activity is transparent and incorruptible — reconciled by mass collaboration and stored in code on a digital ledger. With its advent, we will not need to trust each other in the traditional sense, because trust is built into the system itself.

Although many opportunities for the blockchain require a digital currency, Bitcoin is only one application of this great innovation in computer science. The blockchain can hold any legal document, from deeds and marriage licenses to educational degrees and birth certificates. Call it the World Wide Ledger. It enables smart contracts, decentralized autonomous organizations, decentralized government services, and transactions among things. The Internet of Everything needs a Ledger of Everything: the blockchain is a truly open, distributed, global platform that fundamentally changes what we can do online, how we do it, and who can participate.

Tapscott, writing with his son Alex, a financial analyst and technologist, argues that the blockchain will shape the next era of prosperity — in finance, business, healthcare, education, governance, and beyond.

Portfolio (May 10, 2016)

Excerpt

The Bitcoin technology creates the World Wide Ledger of valueFortune
A Rational Exuberance For The BlockchainReuters
'The Blockchain Revolution', an excerptToronto Star

Articles/Interviews

InterviewBloomberg Radio
Alex Tapscott talks Blockchain TechnologyEcho Junction Podcast
Brexit opportunitiesFinancial Post
A Closer Look with Arthur LevittBloomberg Radio
The Blockchain Revolution Ideated ChallengeBlockchain Revolution
This is how blockchain will change your lifeWorld Economic Forum
InterviewSix Pixels of Separation
Blockchain: the next internet revolution? — CBC Radio Spark
There is no one Blockchain to rule them allAmerican Banker
Blockchain Looks To Change How To Do Business Online — NPR All Things Considered
Don and Alex Tapscott predict upcoming digital revolutionToronto Star
How the Tech Behind Bitcoin Will Change Your LifeLinkedIn
How blockchains could change the worldMcKinsey & Co

Reviews

Rules of Engagement for a Blockchain Revolution: Echoes from the Tapscotts' Masterpiece — Amazon.com
Coin TossLiterary Review of Canada
'Blockchain Revolution' Examines Impacts of BitcoinComstock's Magazine
Durchsichtige Geschäfte — brand eins
Blockchain loveThomas Reuters Review
How The Blockchain Will Transform Everything From Banking To Government To Our IdentitiesForbes
Review Of Blockchain Revolution — Seeking Alpha
Techdirt Reading Listtechdirt
Review — SeekingAlpha
World-changing innovationThe Guardian
Bitcoin Is Just The BeginningThe Wall Street Journal
Editor's Choice — 800 CEO Read
How Blockchains Could Transform ManagementMIT Sloan Management Review
ReviewFinancial Times
Read this book, see the futureOxford Economics
It's not just for banks: The coming blockchain revolution is going to have dramatic ramifications for all of usFinancial Post
BLOCKCHAIN REVOLUTIONInternational Business Times

Praise

"The blockchain is one of the most fundamental inventions in the history of computer science. Read Blockchain Revolution to understand its profound implications.”
— Marc Andreessen, co-founder, Netscape and Andreessen Horowitz

“The Tapscotts have written the book, literally, on how to survive and thrive in this next wave of technology-driven disruption. Likely to become one of the iconic books of our time.”
— Clay Christensen, author of The Innovator’s Dilemma

“Everywhere thoughtful people are trying to understand this revolutionary technology and how it might change the world. Team Tapscott has stepped up and written the book we’ve been waiting for.”
— Dan Schulman, CEO, Paypal

“Occasionally a book comes along that changes the global discourse. This is likely to be one of those books. Blockchains are at the heart of the Fourth Industrial Revolution and the Tapscotts lucidly explain why and how to capture the opportunity and avoid the dangers.”
— Klaus Schwab, Founder and Executive Chairman, World Economic Forum

“A carefully researched and beautifully written book. Blockchain Revolution argues that the ‘internet of value’ will transform our lives. A must-read book for our disruptive times.”
— Dominic Barton, Global Managing Director, McKinsey & Company

“Don and Alex brilliantly illuminate the technology that could profoundly impact the way we manage issues of trust, security and privacy for years to come.”
— Indra Nooyi, Chairman & CEO, PepsiCo

"The great missing element in the Internet has been a ‘trust protocol,” a way of knowing that a transaction is verified and authentic. Blockchain technology could provide a foundation for that. It’s a revolutionary idea, and this lucid book explains why.”
— Walter Isaacson, author of Steve Jobs

“A fascinating — and reassuring — insight into a technology with the power to remake the global economy. What a prize. What a book!”
— Paul Polman, CEO, Unilever

"A masterpiece. Gracefully dissects the potential of blockchain technology to take on today's most pressing global challenges."
— Hernando De Soto, Economist and President of the Institute for Liberty and Democracy, Peru

"In this extraordinary journey to the frontiers of finance, the Tapscotts shed new light on the blockchain phenomenon, and make a compelling case for why we all need to better understand its power and potential."
— Dave McKay, President and CEO, Royal Bank of Canada

“What a spectacular book. Mind-blowing in its expansiveness and profundity. It makes me think we’re at one of those times in technological, economic and social history where the sky is the limit.”
— Steve Wozniak, co-founder, Apple Computer and Chief Scientist, Prime Data

Videos

Blockchain Revolution: Surviving & Thriving in the Second Era of the Internet | LendIt

Blockchain Revolution | The RedZone Podcast

Keynote Address | next47 Launch Event

Blockchain is Eating Wall Street | TEDxSanFrancisco

Blockchain Revolution | DisrupTV

Blockchain Revolution | Talks @ Google

Blockchain Revolution | DLDSummer 16

Blockchain Revolution | ideacity 2016

Beyond Bitcoin | The Exchange

Worldwide Launch Book: Blockchain Revolution | Rotman School of Management

Blockchain could end Uber and Airbnb | BusinessNewNetwork

Feedback

A cloud computing company:
Alex did a fantastic job. Very engaging, very intelligent take. Those who weren't very deep in specific banking projects already in particular enjoyed his content and delivery most.

Articles

— Toronto Star
— The CoinTelegraph
— Nasdaq
— MIT Sloan Management Review
— Wired
— Forbes
— Management Today
— The Merkle
— ASAE NOW Associations
— EconoTimes
— Bloomberg Technology
— Forbes
— Raconteur
— Quartz
— The Globe and Mail
— The Globe and Mail
— LinkedIn

This post was the #1 Most Read Post at McKinsey for the Second Quarter of 2016

— Rise
— The Guardian
— ZDNet
— Fortune
— Financial Post Podcast
— TEDBlog
— LinkedIn
— TechInAsia
— Allianz
— Medium
— Quartz
— Oxford Economics
— Forbes
— The Huffington Post
— Raconteur
— The Globe and Mail
— B2B News Network
— The Wall Street Journal
— Quartz
— Forbes
— LinkedIn
— The Wall Street Journal
— Newsweek
— Brave New Coin
— Fortune
— Forbes
— Financial Times
— Forward Thinking | PC Mag
— Bitcoin Magazine
— CoinDesk
— The Globe and Mail
— MIT Sloan Management Review
— Reuters
— American Banker
— MarketWatch
— Harvard Business Review
— Toronto Star
— Fortune
— TIME
— The Huffington Post
— Financial Post
— BTCManager.com
— Fast Co. Exist
— CoinDesk
— The Huffington Post