Book Image

Blockchain across Oracle

By : Robert van Molken
Book Image

Blockchain across Oracle

By: Robert van Molken

Overview of this book

Blockchain across Oracle gives you the professional orientation to Blockchain that you need as an Oracle developer in today’s changing world. Written and prepared for you by Oracle Developer Champion Robert van Mölken, this book gets you up to speed with the details of the Blockchain - core concepts, how to implement Oracle’s Blockchain Cloud Service, industry implications for the Blockchain, and how the Blockchain will affect your Oracle customers. Robert van Mölken introduces you to the history and concepts of the Blockchain. You’ll really get to understand the Blockchain inside and out, as an Oracle developer or solution architect. You’ll understand the Blockchain flow, and how the hashes and chains create a new decentralised paradigm for you as an Oracle developer. You’ll gain insights into how the Blockchain affects Oracle developers and customers in this modern and disruptive era. You’ll see how the Blockchain concepts work in this new world where Assets, Transactions, Security, and Privacy, can all be sustained across a decentralized system for your customers. Then you'll find a detailed look at the cutting-edge Oracle middleware solutions. You’ll learn about Hyperledger Fabric, the opensource Blockchain framework used by Oracle as its core, and how to set up your own Oracle Blockchain Network. You’ll design and develop a smart contract, and learn how to run it on the Oracle Blockchain Cloud Service. The final part of the book looks at how the Blockchain will affect your customers across various industry sectors. By studying industry trends in the financial services sector, healthcare industry, and the transport industry, you’ll discover how the options and possibilities for you and your clients are being transformed by the Blockchain across Oracle. You’ll complete this professional orientation by looking at Blockchain trends and future directions.
Table of Contents (24 chapters)
Title Page
Packt Upsell
Contributors
Preface
3
Blockchain 101 - Assets, Transactions, and Hashes
4
Blockchain 101 - Blocks, Chains, and Consensus
Index

Summary


In this chapter, I continued covering some of the fundamental building blocks and core concepts of the blockchain—blocks, chains, and some of the existing consensus algorithms.

In the section about blocks, I covered what a block actually is, how it compares with pages in a book, and told what is stored in such a block. You then learned what the structures of different types of blocks are, including its block header, and then studied how blocks are hashed and how the nonce is calculated that is needed to generate the correct target hash.

I continued covering the fundamentals by explaining how blocks are chained together to form the actual blockchain and how these blocks are distributed to all nodes in the decentralized network using a managed peer-to-peer protocol. I went through the process of how nodes can detect that the content of a block is maliciously modified. I explained that this same process can also detect accidental forks in the chain, which happens when multiple block are...