By Maria Esteves - The 2018 Consensus New York Opening Session STATE OF THE BLOCKCHAIN WORLD, by co-founder/executive chairman Don Tapscott, Blockchain Research Institute, commenced Monday, May 14, 9:00AM, at the New York Hilton Midtown. Tapscott's discussion on the state of the Blockchain world included
the question "Why do firms exist?" by the late Nobel Prize winner British economist Ronald Coase, the rise of the Internet of Information, the main effect of the Blockchain technology and the economy that can radically drop the transaction cost that cause us to have vertically integrated firms by using decentralized network and distributed value creation.
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