Book Image

Blockchain for Business 2019

By : Peter Lipovyanov
Book Image

Blockchain for Business 2019

By: Peter Lipovyanov

Overview of this book

Blockchain for Business 2019 is a comprehensive guide that enables you to bring in various blockchain functionalities to extend your existing business models and make correct fully-informed decisions. You will learn how decentralized applications are transforming numerous business sectors that are expected to play a huge role in the future. You will see how large corporations are already implementing blockchain technology now. You will then learn about the various blockchain services, such as Bitcoin, Ethereum, Hyperledger, and others to understand their use cases in a variety of business domains. You will develop a solid fundamental understanding of blockchain architecture. Moving ahead, you will get to grips with the inner workings of blockchain, with detailed explanations of mining, decentralized consensus, cryptography, smart contracts, and many other important concepts. You will delve into a realistic view of the current state of blockchain technology, along with its issues, limitations, and potential solutions that can take it to the next level. By the end of this book, you will all be well versed in the latest innovations and developments in the emerging blockchain space.
Table of Contents (17 chapters)

The different categories of blockchain

As we mentioned in the previous chapters, we can put blockchains into two broad categories, depending on who owns them and how accessible are they.

First, we have public blockchains, which are open source projects, with free access for anyone to join the network and use it, support it, contribute to it, or build businesses on it.

Then, we have private blockchains, which are not open source, and have restricted access to only users and entities who have been approved by the organization that owns and manages the network.

In each of these categories, there are projects with general purpose blockchains such as Ethereum; however, there are also some application-specific blockchains present. General purpose technology is used to provide foundational infrastructure and building blocks to create applications on top of. For example, you can refer...