Book Image

Blockchain Quick Start Guide

By : Xun (Brian) Wu, Weimin Sun
Book Image

Blockchain Quick Start Guide

By: Xun (Brian) Wu, Weimin Sun

Overview of this book

Blockchain is a technology that powers the development of decentralized applications.This technology allows the construction of a network with no single control that enables participants to make contributions to and receive benefits from the network directly. This book will give you a thorough overview of blockchain and explain how a blockchain works.You will begin by going through various blockchain consensus mechanisms and cryptographic hash functions. You will then learn the fundamentals of programming in Solidity – the defacto language for developing decentralize, applications in Ethereum. After that, you will set up an Ethereum development environment and develop, package, build, and test campaign-decentralized applications.The book also shows you how to set up Hyperledger composer tools, analyze business scenarios, design business models, and write a chain code. Finally, you will get a glimpse of how blockchain is actually used in different real-world domains. By the end of this guide, you will be comfortable working with basic blockchain frameworks, and develop secure, decentralized applications in a hassle-free manner.
Table of Contents (14 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
Index

Blockchain use case examples


The evolution of technology has fundamentally changed people's lives. Throughout human history, machines have replaced humans for performing various tasks. For example, in agriculture, farming vehicles made farming work less labor-intensive and greatly increased productivity. In the US, as of 2008, less than 2 % of the population directly work in agriculture. They not only supply the food needed for the other 98% of the population, but also make the US the biggest agricultural products exporter. Examples in other areas include programmable telephone switchboards replacing telephone operators, and automatic elevators replacing elevator operators.

This trend of machines replacing humans sped up in the last several decades, largely due to the invention of computers. So far, there have been three computer-led revolutions in technology. Each of these revolutions fundamentally affected existing business models and inspired new ways of doing business. We are now at the...