Book Image

Advanced Blockchain Development

By : Imran Bashir, Narayan Prusty
Book Image

Advanced Blockchain Development

By: Imran Bashir, Narayan Prusty

Overview of this book

Blockchain technology is a distributed ledger with applications in industries such as finance, government, and media. This Learning Path is your guide to building blockchain networks using Ethereum, JavaScript, and Solidity. You will get started by understanding the technical foundations of blockchain technology, including distributed systems, cryptography and how this digital ledger keeps data secure. Further into the chapters, you’ll gain insights into developing applications using Ethereum and Hyperledger. As you build on your knowledge of Ether security, mining, smart contracts, and Solidity, you’ll learn how to create robust and secure applications that run exactly as programmed without being affected by fraud, censorship, or third-party interference. Toward the concluding chapters, you’ll explore how blockchain solutions can be implemented in applications such as IoT apps, in addition to its use in currencies. This Learning Path also highlights how you can increase blockchain scalability, and discusses the future scope of this fascinating and powerful technology. By the end of this Learning Path, you'll be equipped with the skills you need to tackle pain points encountered in the blockchain life cycle and confidently design and deploy decentralized applications.
Table of Contents (25 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
15
Blockchain - Outside of Currencies
16
Scalability and Other Challenges
Index

Summary


Blockchains are going to change the world. The revolution has already started, and it is only expected to grow at an exponential scale. This chapter has explored various projects and the current state of blockchain technology.

First, a few trends were discussed that are expected to continue as the technology progresses further. There is deep research interest in blockchain technology by many researchers and organizations around the world, and some research topics have also been introduced in this chapter. Furthermore, convergence with other fields such as the IoT and AI has also been discussed.

Finally, some predictions regarding the growth of blockchain technology have been made. Most of these predictions are likely to come true within the next decade or so, while some may take a longer time. Blockchain technology has the potential to change the world, and a few positive signs have already been seen in the form of successful PoC implementations and a growing number of enthusiasts...