Book Image

Blockchain By Example

By : Bellaj Badr, Richard Horrocks, Xun (Brian) Wu
Book Image

Blockchain By Example

By: Bellaj Badr, Richard Horrocks, Xun (Brian) Wu

Overview of this book

The Blockchain is a revolution promising a new world without middlemen. Technically, it is an immutable and tamper-proof distributed ledger of all transactions across a peer-to-peer network. With this book, you will get to grips with the blockchain ecosystem to build real-world projects. This book will walk you through the process of building multiple blockchain projects with different complexity levels and hurdles. Each project will teach you just enough about the field's leading technologies, Bitcoin, Ethereum, Quorum, and Hyperledger in order to be productive from the outset. As you make your way through the chapters, you will cover the major challenges that are associated with blockchain ecosystems such as scalability, integration, and distributed file management. In the concluding chapters, you’ll learn to build blockchain projects for business, run your ICO, and even create your own cryptocurrency. Blockchain by Example also covers a range of projects such as Bitcoin payment systems, supply chains on Hyperledger, and developing a Tontine Bank Every is using Ethereum. By the end of this book, you will not only be able to tackle common issues in the blockchain ecosystem, but also design and build reliable and scalable distributed systems.
Table of Contents (13 chapters)

Letter of Credit (LC) Hyperledger

In the previous chapter, we learned the important basics and key concepts of Hyperledger Fabric by building a blockchain-based supply chain for the food industry. In this chapter, we will continue learning and exploring the essential components of the Hyperledger project by exploring an important financial concept—a letter of credit (LC). You will almost certainly come across an LC example while learning about blockchain's application to finance, as it provides a perfect example of how certain thorny issues can be resolved.

Throughout this chapter, we will deepen our knowledge of Hyperledger Fabric and introduce several advanced tools, while also learning how to develop and manage scalable, highly interoperable business solutions based on Hyperledger.

In this chapter, we will take a look at the following main topics:

  • Hyperledger Composer...