First, it is important to underline that there are several generations of blockchain on the market. The Bitcoin blockchain is considered the first generation, a very secure and decentralized infrastructure, which is why more and more miners are joining the network, but with low performance in terms of processing transactions and weak upgradability; in other words, users cannot do much more with Bitcoin's blockchain than send Bitcoin. Ethereum is considered the second generation of blockchain because it implemented major improvements to the initial protocol such as smart contracts. The third and fourth generations of blockchain are mostly focused on increasing the number of transactions per second, as well as providing enterprises with a flexible and suitable infrastructure for their needs. Aergo, Quorum, and Hyperledger can be cited as examples...
Blockchain for Decision Makers
By :
Blockchain for Decision Makers
By:
Overview of this book
In addition to cryptocurrencies, blockchain-based apps are being developed in different industries such as banking, supply chain, and healthcare to achieve digital transformation and enhance user experience. Blockchain is not only about Bitcoin or cryptocurrencies, but also about different technologies such as peer-to-peer networks, consensus mechanisms, and cryptography. These technologies together help sustain trustless environments in which digital value can be transferred between individuals without intermediaries.
This book will help you understand the basics of blockchain such as consensus protocols, decentralized applications, and tokenization. You'll focus on how blockchain is used today in different industries and the technological challenges faced while implementing a blockchain strategy. The book also enables you, as a decision maker, to understand blockchain from a technical perspective and evaluate its applicability in your business. Finally, you'll get to grips with blockchain frameworks such as Hyperledger and Quorum and their usability.
By the end of this book, you'll have learned about the current use cases of blockchain and be able to implement a blockchain strategy on your own.
Table of Contents (15 chapters)
Preface
Free Chapter
Section 1: A First Step into Blockchain and an Exciting World
Basics of Blockchains and the Illustration of Village Beta
A Technical Dive into Blockchain
Ethereum and Smart Contracts
ICOs and Tokenized Fundraising Methods
Section 2: Blockchain in Practice, Insights, and Achievements
An Economic and Historical Approach of Blockchain
Blockchain Legality, Compliance, and Regulation
Blockchain for the Business World and Achievements
Future Outlook for Blockchain
Section 3: Blockchain for Business Leaders
Infrastructures and Cloud-Based Solutions
Defining Your Needs
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