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)

How blockchain comes into the picture

Now, it's time to ask ourselves this question—Is blockchain the next logical step in monetary evolution?

"There are 3 eras of currency—commodity based, politically based, and now, math based."
- Chris Dixon

The preceding quote shows how the concept of money has evolved over the years.

Throughout all of these stages, we have had an idea of value in our mind, but it has evolved hand in hand with our civilization and technology, from something that you can touch and actually use; to something that you can touch, but cannot use (except for trade); to just an abstract idea. As you can see, the form has changed, but the idea of value has always remained the same, and we represent and communicate the idea of value in terms of money.

This abstraction of value brings us to the next evolutionary step: digital cryptocurrencies...