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The Internet and smartphone have transformed our lives already, but the earth beneath our feet is beginning to shift due to the next big thing. It’s called blockchain technology, a clunky name for the underlying technology behind bitcoin.

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Banks are warming to blockchain, having recognized the advantages for transactions involving everything from stock trades to property transfers. But it could render them obsolete. Continue reading.

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A new book, Blockchain Revolution (by tech guru Don Tapscott and his investment banker son Alex Tapscott to be published May 5) describes how this is the architecture of the future.

“The book is about the biggest innovation in computer science in a generation,” Don said in an interview today. “Developers are looking at the blockchain as the alternative to the stock market, to auditing, to Facebook, to Uber, it’s quite extraordinary.”