Book Image

Blockchain Development with Hyperledger

By : Salman A. Baset, Luc Desrosiers, Nitin Gaur, Petr Novotny, Anthony O'Dowd, Venkatraman Ramakrishna, Weimin Sun, Xun (Brian) Wu
Book Image

Blockchain Development with Hyperledger

By: Salman A. Baset, Luc Desrosiers, Nitin Gaur, Petr Novotny, Anthony O'Dowd, Venkatraman Ramakrishna, Weimin Sun, Xun (Brian) Wu

Overview of this book

Blockchain and Hyperledger are open source technologies that power the development of decentralized applications. This Learning Path is your helpful reference for exploring and building blockchain networks using Ethereum, Hyperledger Fabric, and Hyperledger Composer. Blockchain Development with Hyperledger will start off by giving you an overview of blockchain and demonstrating how you can set up an Ethereum development environment for developing, packaging, building, and testing campaign-decentralized applications. You'll then explore the de facto language Solidity, which you can use to develop decentralized applications in Ethereum. Following this, you'll be able to configure Hyperledger Fabric and use it to build private blockchain networks and applications that connect to them. Toward the later chapters, you'll learn how to design and launch a network, and even implement smart contracts in chain code. By the end of this Learning Path, you'll be able to build and deploy your own decentralized applications by addressing the key pain points encountered in the blockchain life cycle. This Learning Path includes content from the following Packt products: • Blockchain Quick Start Guide by Xun (Brian) Wu and Weimin Sun • Hands-On Blockchain with Hyperledger by Nitin Gaur et al.
Table of Contents (25 chapters)
Title Page
Copyright
About Packt
Contributors
Preface
Index

Exploring the business models


A business model focusses on creating a structure that describes the flow of how an organization creates and captures value in a market.

In the context of a business network, it is interesting to look at the value chain and understand where that value originates. What makes a blockchain network so appealing from a financial perspective? Well, as we have seen in Chapter 1, Blockchain—Enterprise and Industry Perspective, blockchain technologies offer an opportunity to solve the issues of time and trust, thereby reducing inefficiencies and operational costs.

Blockchain benefits

What types of benefit can come from addressing the issues of time and trust? Let's look at a few examples of where and how these benefits can be implemented in the following sections.

Supply chain management

The supply chain is made up of many actors, from the producer to the logistic service providers, port authority, manufacturer, and ultimately, the consumer. The industry must deal with a...