This book is both a fantastic introduction to the fundamental concepts of blockchains and a unique discussion of the business models impacted by the blockchain. Kshetri provides an excellent sketch of the debate over using distributed ledgers to demonstrate business trustworthiness. The business cases Kshetri provides perfectly demonstrate the value offered by technology that uses strong cryptographic tools. One of the books best and most unique contributions is in its chapter on the synergies between artificial intelligence and the blockchain. The case studies from health care and other data-intensive industries offer invaluable details on data ownership management, privacy, data lineage management, and shared governance for users of blockchain and AI technologies. Kshetri also discusses emerging disruptive technologies, like the Metaverse, Web 3.0, and the Internet of Things. This is one of the best books on the subject and an excellent guide for readers of all levels. -- J. Brzezinski, Choice Magazine Kshetris The Rise of Blockchains is a timely, to-the-point, and detailed book on a relatively new and still obscure topic of blockchain technology. The book focuses on this all-new phenomenon deeply impacting, sometimes disrupting, and transforming our societies, policy-making, and the global economy today. And as a matter of fact, it also does a good job focusing on this new technology that has both introduced cryptocurrencies and transformed the supply chain, payments, privacy, and security systems. -- Bilal Ba, Insight Turkey Journal Professor Nir Kshetris exciting new text The Rise of Blockchains: Disrupting Economies and Transforming Societies is a must read for those interested in how distributed ledgers are impacting the political, economic, and social landscapes of societies, both developed and underdeveloped. Economists, politicians, and anyone else involved in finance should add this text to their reading list. -- Jeffrey Voas, EIC Computer Magazine, US This book covers several key topics in blockchain, ranging from payment and settlement to cybersecurity and the supply chain. The book is well written and flows logically. It would be a great textbook for a blockchain course and a nice reference for researchers working in this field. -- Yogesh K. Dwivedi, Swansea University, UK and Symbiosis Institute of Business Management, Pune, India Professor Kshetri has delivered a very timely, well-written, and well-documented treatment of a topic that many people find difficult and sometimes opaque. I believe the content is accessible for both advanced undergrads and graduate students. I plan to adopt this book for my own blockchain course. -- Stephen C. Wingreen, University of Canterbury, New Zealand In 2018, Ginni Rometty, the retired CEO of IBM, caused a stir when she said presciently: Blockchain will do for transactions what the Internet did for information. This compendium by Professor Nir Kshetri attempts to explain why and how such a transformation is taking place. The comprehensive book is framed by business organisations and market opportunities. It addresses the essentials of how Blockchains work, and their synergies with decentralized, autonomous organisations as well as complementary technologies such as AI. It also provides up-to-date coverage of hot-button issues such as use-cases in supply chain management with traceability-as-a-service. It shows how such ubiquitous use-cases will allow Blockchain to cross the chasm. Two enabling technologies security as an integral aspect of mainstream platforms and Blockchain-enabled payments which may counter the centralizing features of proposed CBDC initiatives will bring confidence in such a trust-free environment. The book closes with a realistic assessment of emerging opportunities, barriers, trends and policy implications. It is commendable that Professor Kshetri, acknowledged as one of the most impactful researchers on Blockchain, has taken it upon himself to make translational his deep insights and understanding on the topic. I recommend this book highly to any business executive or specialist student interested in exploiting the value of Blockchains. -- Ravi S. Sharma, Zayed University, United Arab Emirates
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