Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
Blockchain technology is the most important invention in computing in a generation because, for the first time in human history, we have at our disposal a truly native digital medium for peer-to-peer value exchange. Blockchain, a vast global platform based on a distributed ledger, establishes the rules -- in the form of computations and heavy duty encryption -- that enable two or more parties to transact or do business without needing a third party to establish trust.
Commentary: EXCERPT: Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World
Reprinted from BLOCKCHAIN REVOLUTION: How the Technology Behind Bitcoin Is Changing Money, Business, and the World by Don Tapscott and Alex Tapscott with permission of Portfolio, an imprint of Penguin Publishing Group, a division of Penguin Random House LLC. Copyright © Don Tapscott and Alex Tapscott, 2016.
By Don Tapscott The views expressed are his own.
The FTC many have unwittingly saved Facebook. Privacy was Facebook's Achilles heel and over the years they have continually got it wrong. Now the FTC is forcing them to get it right.
One thing pundits rarely do is review their own prognostications. My 2011 projections and some 20-20 hindsight editorializing.
The most interesting peer-to-peer innovations in financial services is the growing number of lenders and borrowers connecting directly via the Internet and avoiding the cost and frustration of dealing with banks altogether. The goal is to benefit both the lender and the borrower.
In 2008, the routine gambles of Wall Street almost brought down global capitalism and yet, so far, nothing fundamentally has changed. Restoring long-term confidence in the financial services industry requires more than individual banks changing their behavior or even governments intervening with new rules.