Book Image

Blockchain for Decision Makers

By : Romain Tormen
Book Image

Blockchain for Decision Makers

By: Romain Tormen

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 (16 chapters)
Title Page

Authentication and trustworthiness

Many companies have already been confronted with forged releases on their behalf about their financial health and strategic choices, especially in the digital age where monitoring and preventing fake communications has become more and more difficult. This reality is very common for enterprises whose official and sensitive documents such as financial statements are attentively observed by shareholders, creditors, banks, investors, and public institutions.

Document fraud, in general, is a serious issue for public institutions and governments. In France, it represented an €8 billion loss in 2017, according to the National Delegation to Combat Fraud (DNLF) (https://www.lejdd.fr/Economie/la-caisse-des-depots-engie-edf-et-la-poste-sallient-dans-la-blockchain-3898162). This problem was taken over by KeeeX, a French startup that developed a product...