For four decades, we've had the Internet of information. The Internet that most of us use today. This internet vastly improve the flow of data in our economy. It hasn't really changed how we do business. That's because the Internet was designed and move information from me to you, person to person. It wasn't designed for us to move assets like money to each other. At least, not without a bank between us. Think about it. If you upload a photograph to Twitter, Weibo, or Dkay, you're really uploading a copy. The original remains on your smartphone or camera. Anyone, can copy it, photoshop it, post it on their social media. We can't e-mail money to each other. Not just because copying money is illegal. As the 1993 New Yorker cartoon, says, "On the Internet, no one knows you're a dog". For that matter, today a thief severally go through intermediaries like banks to confirm each other's identities. Banks, verify we are who we say we are and we own what we say we own. They help us transfer assets between us. They clear and settle payments. They keep records and they also charge us fees. Their big centralized databases are vulnerable to hackers. They capture our data, they slow things down. Bankers will be the first to admit that we need a new way forward. That way forward is blockchain. It's a platform for exchanging digital assets peer-to-peer, from me to you. That's why we call it the Internet of Value. Hello, I'm Don Tapscott. Welcome to the course, Introduction to Blockchain Technologies. We designed this course to introduce you to what block-chain is, how it works, and why we think it's so revolutionary. You'll learn key concepts such as mining, hashing, proof-of-work, public-key cryptography and the double spend problem. You'll be able to describe; how block-chain works, the principles behind it and the challenges facing the people developing it. You'll be able to explain how it will transform business and society. Before, we dive into these exciting lessons, in the next video, I'm going to share with you some more details about me and my career and also introduce you to my co-instructor, Alex Tapscott. We're going to explain why we're so passionate about this technology.