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

Enterprise blockchain architecture

A typical enterprise blockchain architecture contains several elements. We saw a generic blockchain architecture in Chapter 1, Blockchain 101, and we can expand and modify that a little bit to transform it into an enterprise blockchain architecture that highlights the core requirements of an enterprise blockchain. These requirements are mostly driven by enterprise needs and use cases:

Table  Description automatically generated

Figure 16.1: Enterprise blockchain layered architecture

We’ll discuss each of these layers as follows:

  • Network layer: The network layer is responsible for implementing network protocols such as peer-to-peer (P2P) protocols used for information dissemination.
  • Protocol layer: This is the actual ledger layer, or blockchain layer, where the core consensus, transaction management, and storage elements are implemented.
  • Privacy layer: This layer is responsible for providing one of the core features of enterprise blockchain: privacy...