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)

A Brief History of Money

Now that you've had a sneak peek into the enormous body of knowledge that blockchain technology manifests, it is a good time to take a step back and go back to the basics. In this chapter, we'll look at the history of money. If you can grasp how the financial sector reached its current state, then you will better understand why blockchain technology is the natural next step in monetary evolution.

The following topics will be covered in this chapter:

  • An introduction to money
  • Money – an abstraction of value
  • An introduction to fiat currencies
  • What happens when fiat currency systems fail
  • How blockchain comes into the picture