Book Image

Ethereum Smart Contract Development

By : Mayukh Mukhopadhyay
Book Image

Ethereum Smart Contract Development

By: Mayukh Mukhopadhyay

Overview of this book

Ethereum is a public, blockchain-based distributed computing platform featuring smart contract functionality. This book is your one-stop guide to blockchain and Ethereum smart contract development. We start by introducing you to the basics of blockchain. You'll learn about hash functions, Merkle trees, forking, mining, and much more. Then you'll learn about Ethereum and smart contracts, and we'll cover Ethereum virtual machine (EVM) in detail. Next, you'll get acquainted with DApps and DAOs and see how they work. We'll also delve into the mechanisms of advanced smart contracts, taking a practical approach. You'll also learn how to develop your own cryptocurrency from scratch in order to understand the business behind ICO. Further on, you'll get to know the key concepts of the Solidity programming language, enabling you to build decentralized blockchain-based applications. We'll also look at enterprise use cases, where you'll build a decentralized microblogging site. At the end of this book, we discuss blockchain-as-a-service, the dark web marketplace, and various advanced topics so you can get well versed with the blockchain principles and ecosystem.
Table of Contents (18 chapters)
Title Page
Dedication
Packt Upsell
Contributors
Preface
Index

Chapter 9. Enterprise Use Cases

This chapter focuses on how blockchain and smart contracts have penetrated the industry. We start this chapter by introducing the concept of the Internet of Money, and explore how smart contracts have started affecting technology, society, and economics in various industries. Specifically, we will explore 18 use cases for blockchains and 12 use cases for smart contracts. We conclude this chapter by designing various modules of a command-line interface-based, decentralized, microblogging platform and deploy it over a private blockchain.

After studying this chapter, you will be able to:

  • Appreciate the concept of the Internet of Money
  • Know about various use cases for smart contracts and blockchains
  • Understand the building blocks of a microblogging DApp
  • Explore the security and administrative properties of a DApp

"What you seek is seeking you"                                    - Rumi

Before we start this chapter, I want you to take a step back and ponder on the preceding...