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

Financial securities and fundraising

Bitcoin is the first application that triggered the interest of blockchain, the first innovation allowing the transfer of digital value from peer-to-peer, the first cryptocurrency that disrupted the financial sector. By creating cryptographic money that's exchangeable between peers without trusted third parties, Bitcoin has gained the curiosity of those who see this new digital asset a threat to their core business model based on collecting fees upon money transfers as well as providing financial services to customers and enterprises.

Years have passed since Bitcoin came into existence, and today, cryptocurrencies are not the only blockchain-based applications out there that absolutely disrupt the financial sector.

After Bitcoin and cryptocurrencies, we witnessed the emergence of ICOs revolutionizing how funds were raised by entrepreneurs...