Book Image

Mastering Blockchain - Fourth Edition

By : Imran Bashir
5 (3)
Book Image

Mastering Blockchain - Fourth Edition

5 (3)
By: Imran Bashir

Overview of this book

Blockchain is the backbone of cryptocurrencies, it has had a massive impact in many sectors, including finance, supply chains, healthcare, government, and media. It’s also being used for cutting edge technologies such as AI and IoT. This new edition is thoroughly revised to offer a practical approach to using Ethereum, Hyperledger, Fabric, and Corda with step-by-step tutorials and real-world use-cases to help you understand everything you need to know about blockchain development and implementation. With new chapters on Decentralized Finance and solving privacy, identity, and security issues, as well as bonus online content exploring alternative blockchains, this is an unmissable read for everyone who wants to gain a deep understanding of blockchain. The book doesn’t shy away from advanced topics and practical expertise, such as decentralized application (DApp) development using smart contracts and oracles, and emerging trends in the blockchain space. Throughout the book, you’ll explore blockchain solutions beyond cryptocurrencies, such as the IoT with blockchain, enterprise blockchains, and tokenization, and gain insight into the future scope of this fascinating and disruptive technology. By the end of this blockchain book, you will have gained a thorough comprehension of the various facets of blockchain and understand the potential of this technology in diverse real-world scenarios.
Table of Contents (24 chapters)
23
Index

Requirements

In addition to integrity and consistency, which are also provided by public blockchains, there are several other requirements specifically for enterprise blockchains that make them suitable for enterprise use cases. In some cases, some requirements become even stricter in enterprise blockchains compared to public blockchains. For example, in public blockchains, eventual consistency is acceptable. However, in enterprise blockchains, the moment a transaction is committed, it should immediately finalize and irrevocably become part of the global record (state). Thus, we’ll begin by briefly defining integrity and consistency before introducing specific requirements for enterprise blockchains:

  • Integrity: This attribute of a blockchain is provided by the use of hash functions and digital signatures, and plays a vital role in the overall security of the blockchain. Hash functions allow us to check for any data modifications, whereas digital signatures ensure...