Quorum was conceived by J.P. Morgan, the world's biggest bank in terms of market capitalization, and is basically a private version of Ethereum, open source and supported by Ethereum's community. Quorum uses a management of confidentiality that Ethereum does not offer, enabling participants to decide whether their transactions should remain private or be displayed publicly. Quorum also integrates enhanced transactions and contract privacy, as well as better performance in general. Quorum has great potential to be massively adopted by banking actors and financial institutions to the point that J.P. Morgan is willing to manage this activity separately from its banking activity. J.P. Morgan is also the first bank to deploy its own cryptocurrency, JPMCoin, a Quorum-based currency indexed on the US dollar that digitally represents money transfers...
Blockchain for Decision Makers
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Blockchain for Decision Makers
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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.
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Current Title:
Blockchain for Decision Makers
Table of Contents (16 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
Free Chapter
Basics of Blockchains and the Illustration of Village Beta
A Technical Dive into Blockchain
Ethereum and Smart Contracts
ICOs and Tokenized Fundraising Methods
An Economic and Historical Approach of Blockchain
Blockchain Legality, Compliance, and Regulation
Blockchain for the Business World and Achievements
Future Outlook for Blockchain
Infrastructures and Cloud-Based Solutions
Defining Your Needs
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Customer Reviews