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)

Investment banking and blockchain

Earlier in this chapter, we said that there are two types of banking, commercial and investment banking. We discussed the potential impact of blockchain technology on traditional commercial banking services, but we didn't say much about investment banking.

We'll do that briefly in this section.

Investment banks typically have the following core business lines:

  • Capital markets: Issuing stocks and bonds to raise capital for their corporate clients on the primary market, selling them to investors, and trading them on the secondary market for clients or for the bank's own account
  • Advisory services: Consulting companies in times of specialized processes such as mergers and acquisitions, as well as corporate restructuring
  • Asset management: Managing clients' funds professionally in an investment portfolio

OK, let's examine...