Book Image

Oracle Blockchain Quick Start Guide

By : Vivek Acharya, Anand Eswararao Yerrapati, Nimesh Prakash
Book Image

Oracle Blockchain Quick Start Guide

By: Vivek Acharya, Anand Eswararao Yerrapati, Nimesh Prakash

Overview of this book

Hyperledger Fabric empowers enterprises to scale out in an unprecedented way, allowing organizations to build and manage blockchain business networks. This quick start guide systematically takes you through distributed ledger technology, blockchain, and Hyperledger Fabric while also helping you understand the significance of Blockchain-as-a-Service (BaaS). The book starts by explaining the blockchain and Hyperledger Fabric architectures. You'll then get to grips with the comprehensive five-step design strategy - explore, engage, experiment, experience, and in?uence. Next, you'll cover permissioned distributed autonomous organizations (pDAOs), along with the equation to quantify a blockchain solution for a given use case. As you progress, you'll learn how to model your blockchain business network by defining its assets, participants, transactions, and permissions with the help of examples. In the concluding chapters, you'll build on your knowledge as you explore Oracle Blockchain Platform (OBP) in depth and learn how to translate network topology on OBP. By the end of this book, you will be well-versed with OBP and have developed the skills required for infrastructure setup, access control, adding chaincode to a business network, and exposing chaincode to a DApp using REST configuration.
Table of Contents (8 chapters)

Construing Distributed Ledger Tech and Blockchain

A blockchain is a time-sequenced chain of transactions that are agreed upon consensus and grouped into blocks. This guarantees that information of the ledger (chain) is reliable and can be trusted, since each entry (block) is validated by the network and is agreed by the network. For a ledger of records, distributed ledger technology (DLT) and its variant (blockchain) are revolutions. By virtue of its nature, such as being an immutable trustworthy ledger of records, no single point of failure, no centralized third party, and decentralized trust, DLT and blockchain have created a hype (catalyzed by imagination) that allows us to envision various use cases of DLT and blockchain.

One such application of blockchain that grabbed everyone's attention is Bitcoin, which is a globally distributed immutable ledger of records. Since...