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

Summary

This chapter started by illustrating the evolution of blockchains and by exploring its different designs: public, private, and semi-private. We then covered some of the most mature solutions on the market such as Hyperledger or Corda, but also the most promising ones such as Quorum and Aergo. We also reviewed cloud-based solutions that provide enterprise-grade platforms to extend business processes and applications, and eventually understood why these solutions have to be handled cautiously to remain consistent with blockchain principles.

In the next chapter, we will harness different strategic approaches to implementing a blockchain and explore the various points that have to be considered when launching a blockchain project. We will cover important features that, as a decision maker, must be grasped properly in the global path toward building a digital-ready enterprise...