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

The next GAFA

It's been a few years since Google, Apple, Facebook, and Amazon (often nicknamed GAFA) have shared the leaderboard as the most valuable companies in the world.

In the coming years, there is a possibility that GAFA's market capitalization will be outperformed by blockchain-based tokens. We witnessed Bitcoin's market capitalization reach $320 billion in December 2017, and it is not so far-fetched to imagine new growth bringing either this cryptocurrency or another promising one such as Ether to the $1.5 trillion threshold that GAFA struggle to reach.

The future of cryptocurrencies 

Precautions must be taken, however, because these tokens will not represent an outstanding share but a number of how...