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)

Summary

Let's recap everything we've covered about Ethereum.

We started by introducing Vitalik Buterin, the polymath visionary whiz kid, who came up with the idea of Ethereum, at the age of 19, in 2013. We learned that the key differentiating factor of Ethereum is its Turing-completeness. The Ethereum Virtual Machine and Solidity programming language enable a complete set of smart contracts that can be programmed to do pretty much any computer task or function. This powerful innovation unlocked unprecedented opportunities to create an entire universe of decentralized applications that run on the blockchain. But it also created some additional risks of software bugs and hacks, as we have seen with The DAO, Parity wallet, and multiple other mishaps. Hopefully, with time and experience, such cybersecurity threats in the blockchain space will be mitigated and greatly reduced...