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

Blockchain for the Business World and Achievements

In this chapter, we will illustrate the potential of blockchain through several applications that have been implemented in various sectors of the economy. We will discover how blockchain disrupted businesses, bringing transparency and enabling traceability across supply chains, how cryptoassets are redesigning business models with tokenization, bringing liquidity and digital representation of any given physical asset, and, finally, how smart contracts can replace intermediaries and offer seamless transactions between companies and individuals.

Every case presented in this chapter starts with a business issue that enterprises meet and struggle to overcome while explaining how blockchain facilitates resolving the issue. This chapter will illustrate which existing projects and initiatives were created to respond to these business...