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Blockchain for Business 2019

Blockchain for Business 2019

By : Peter Lipovyanov
Buy this Book
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Blockchain for Business 2019

Blockchain for Business 2019

By: Peter Lipovyanov
Buy this Book

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)
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Preface
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Preface
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Who this book is for
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What this book covers
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To get the most out of this book
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Get in touch
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1
Bitcoin, Blockchain, and Cryptoassets
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Bitcoin, Blockchain, and Cryptoassets
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An introduction to blockchain
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Key features of blockchain
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Impacts of blockchain
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Impacts of blockchain on the internet
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Summary
2
A Brief History of Money
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A Brief History of Money
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An introduction to money
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Money – an abstraction of value
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An introduction to fiat currencies
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What happens when fiat currency systems fail
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How blockchain comes into the picture
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Summary
3
The Birth of Bitcoin and the Advantages of a Decentralized Payment System
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The Birth of Bitcoin and the Advantages of a Decentralized Payment System
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How Bitcoin came into existence
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Projects leading up to Bitcoin
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An introduction to Bitcoin
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How traditional payment systems work
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Summary
4
Five Forces of Bitcoin - #1 Blockchain
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Five Forces of Bitcoin - #1 Blockchain
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Introduction to Bitcoin's five forces
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The first force – blockchain
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Different types of blockchain
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Summary
5
Five Forces of Bitcoin - #2 Cryptography
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Five Forces of Bitcoin - #2 Cryptography
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Introduction to cryptography
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Types of cryptography
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Hash functions
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Digital signatures
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Summary
6
Five Forces of Bitcoin - #3 Consensus Algorithm
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Five Forces of Bitcoin - #3 Consensus Algorithm
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The Byzantine Generals' Problem
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The Proof-of-Work consensus algorithm
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Decentralized consensus and game theory
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Summary
7
Five Forces of Bitcoin - #4 P2P Network
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Five Forces of Bitcoin - #4 P2P Network
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Introduction to P2P networks
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Nodes of the Bitcoin network
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The Bitcoin P2P network
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Summary
8
Five Forces of Bitcoin - #5 Software Code Base
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Five Forces of Bitcoin - #5 Software Code Base
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Introduction to Bitcoin's software code case
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Bitcoin's scripting language
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Bitcoin as an application platform
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Summary
9
How Ethereum Took the Idea of Blockchain to the Next Level
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How Ethereum Took the Idea of Blockchain to the Next Level
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Introduction to Ethereum
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How Ethereum came into existence
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Understanding Ethereum
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The Ethereum Virtual Machine
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Summary
10
Ethereum - A Global Platform for Decentralized Applications
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Ethereum - A Global Platform for Decentralized Applications
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Decentralized applications based on Ethereum
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Ethereum and initial coin offerings
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Decentralized autonomous organizations
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Summary
11
Blockchains Focused on Specific Sectors and Use Cases
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Blockchains Focused on Specific Sectors and Use Cases
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The different categories of blockchain
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Sector-specific public blockchains
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Private blockchains
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Summary
12
Corporate Blockchains
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Corporate Blockchains
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Introduction to corporate blockchains
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R3 Corda
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Hyperledger
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Enterprise Ethereum Alliance
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Private blockchains for business
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Summary
13
The Disruptive Potential of Blockchain Technology
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The Disruptive Potential of Blockchain Technology
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Blockchain and financial services
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Trade finance on the blockchain
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Blockchain and insurance
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Investment banking and blockchain
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Blockchain and financial regulation
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Blockchain and the retail sector
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Blockchain and intellectual property
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Blockchain and the food sector
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Blockchain and the transportation sector
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Blockchain and the global tech giants
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Summary
14
Blockchain and AI
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Blockchain and AI
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A brief history of AI
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Implementing AI
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Projects combining blockchain and AI
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Future of AI for smart contracts
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Summary
15
Current Issues and Potential Solutions to Take Blockchain to the Next Level
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Current Issues and Potential Solutions to Take Blockchain to the Next Level
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Issues faced by blockchain
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Solutions for scalability issues
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On-chain solutions
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Off-chain solutions
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Solutions to other challenges
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Next generation blockchain projects
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The exciting world of blockchain
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Summary
16
Other Books You may Enjoy
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Other Books You may Enjoy
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Leave a review - let other readers know what you think

Five Forces of Bitcoin - #3 Consensus Algorithm

In this chapter, we will find out what makes the Bitcoin blockchain machine tick in a decentralized way. We are going to take a deep dive into the consensus mechanism of Bitcoin called Proof-of-Work and see what it has to do with complex math problems and mining. We will cover the following topics in this chapter:

  • The Byzantine Generals' Problem
  • The Proof-of-Work consensus algorithm
  • Decentralized consensus and game theory
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83
Tech Concepts
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Programming languages
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Blockchain for Business 2019
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