Book Image

Blockchain for Enterprise

By : Narayan Prusty
Book Image

Blockchain for Enterprise

By: Narayan Prusty

Overview of this book

The increasing growth in blockchain use is enormous, and it is changing the way business is done. Many leading organizations are already exploring the potential of blockchain. With this book, you will learn to build end-to-end enterprise-level decentralized applications and scale them across your organization to meet your company's needs. This book will help you understand what DApps are and how the blockchain ecosystem works, via real-world examples. This extensive end-to-end book covers every blockchain aspect for business and for developers. You will master process flows and incorporate them into your own enterprise. You will learn how to use J.P. Morgan’s Quorum to build blockchain-based applications. You will also learn how to write applications that can help communicate enterprise blockchain solutions. You will learn how to write smart contracts that run without censorship and third-party interference. Once you've grasped what a blockchain is and have learned about Quorum, you will jump into building real-world practical blockchain applications for sectors such as payment and money transfer, healthcare, cloud computing, supply chain management, and much more.
Table of Contents (14 chapters)
Title Page
Packt Upsell

What can interoperable blockchains achieve?

Before going further and looking at how to achieve blockchain interoperability, we need to know what kinds of things that interoperable blockchains can achieve. There are obviously many use cases for interoperable blockchains, but we will be looking at the use cases that interoperability between blockchains mostly aims to achieve. It may achieve one or more of the following use cases:

  • Portable assets: Moving assets back and forth from one blockchain to another. These are also called one-to-one pegs or two-way pegs
  • Payment-versus-payment and payment-versus-delivery: These are technically known as atomic swaps. When two users are exchanging assets that reside in two different blockchains, a guarantee is needed, stating that either both transfers happen or neither does. For example, if one blockchain holds digitalized USD and the other holds digitalized EUR, then users should be able to exchange these assets atomically.
  • Fetching information and reacting...