Book Image

Blockchain for Business 2019

By : Peter Lipovyanov
Book Image

Blockchain for Business 2019

By: Peter Lipovyanov

Overview of this book

Blockchain for Business 2019 is a comprehensive guide that enables you to bring in various blockchain functionalities to extend your existing business models and make correct fully-informed decisions. You will learn how decentralized applications are transforming numerous business sectors that are expected to play a huge role in the future. You will see how large corporations are already implementing blockchain technology now. You will then learn about the various blockchain services, such as Bitcoin, Ethereum, Hyperledger, and others to understand their use cases in a variety of business domains. You will develop a solid fundamental understanding of blockchain architecture. Moving ahead, you will get to grips with the inner workings of blockchain, with detailed explanations of mining, decentralized consensus, cryptography, smart contracts, and many other important concepts. You will delve into a realistic view of the current state of blockchain technology, along with its issues, limitations, and potential solutions that can take it to the next level. By the end of this book, you will all be well versed in the latest innovations and developments in the emerging blockchain space.
Table of Contents (17 chapters)

Decentralized applications based on Ethereum

We already learned that Bitcoin is the first public blockchain system designed for peer-to-peer payments. It is the pre-eminent cryptoasset.

Ethereum took blockchain technology a step further aiming to become a global decentralized computing platform. It started the second generation of public blockchain technology. The goal of Ethereum is ambitious and enterprising: it aims to enable a large ecosystem of decentralized applications on the blockchain, and thus create a more decentralized version of the World Wide Web—a project known as Web 3.0.

OK! So, what would these decentralized applications look like?

Types of decentralized applications

We can broadly distinguish three...