Book Image

Blockchain for Decision Makers

By : Romain Tormen
Book Image

Blockchain for Decision Makers

By: Romain Tormen

Overview of this book

In addition to cryptocurrencies, blockchain-based apps are being developed in different industries such as banking, supply chain, and healthcare to achieve digital transformation and enhance user experience. Blockchain is not only about Bitcoin or cryptocurrencies, but also about different technologies such as peer-to-peer networks, consensus mechanisms, and cryptography. These technologies together help sustain trustless environments in which digital value can be transferred between individuals without intermediaries. This book will help you understand the basics of blockchain such as consensus protocols, decentralized applications, and tokenization. You'll focus on how blockchain is used today in different industries and the technological challenges faced while implementing a blockchain strategy. The book also enables you, as a decision maker, to understand blockchain from a technical perspective and evaluate its applicability in your business. Finally, you'll get to grips with blockchain frameworks such as Hyperledger and Quorum and their usability. By the end of this book, you'll have learned about the current use cases of blockchain and be able to implement a blockchain strategy on your own.
Table of Contents (16 chapters)
Title Page

An Economic and Historical Approach of Blockchain

Now that you grasp the general and technical concepts of a blockchain, let's understand the fundamental problem blockchain tries to solve and how it came to us. Adopting a social and economic approach to understand blockchain can be very helpful to recognize projects that have a solid foundation and identify business opportunities.

With new technologies such as blockchain, we can imagine the next Uber relying on a distributed and decentralized infrastructure, where full remuneration would go to drivers and small fees retrieved to run the blockchain and reward the nodes empowering the network. In fact, that is what is already developing Eva, a blockchain-based Uber-like startup that has truly decentralized how drivers and customers interact to provide car-sharing services. But the case of Uber is just the tip of the iceberg...