The financial realm was hit in 2017 by two major phenomena caused by cryptocurrencies and blockchain. The first one was a bubble that Bitcoin and other digital currencies such as Ether and Ripple witnessed from June to December, the latter actually gaining a 450-fold increase in value in less than eight months. High volatility triggered terrible consequences on cryptocurrencies' credibility of being strong financial instruments and real digital assets. This led most financial analysts, banks, and hedge funds to consider them as sole speculative and significantly risky investments supported by intangible value and unreasonable behaviors from the crowd. Stuck into a vicious circle, the mass media started to headline cryptocurrencies and blockchain, amplifying the phenomenon and dazzling investors with high returns on this new financial...
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Blockchain for Decision Makers
By :
Blockchain for Decision Makers
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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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