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


In some sectors such as banking or insurance, data is flowing between companies and regulators to be able to provide appropriate services to customers. Exchanging data between untrusted parties turns out to be a painful and complicated process, especially because strong regulations exercise caution regarding which kind of data is being transferred between entities.

In this context, it is hard to ensure that an individual's information can be shared properly, in accordance with laws and without friction. For instance, in the case of insurance, customers have to deliver attestations and certificates provided by third-parties institutions such as their unemployment agency, medical practitioners, school administration, or governmental bodies to prove the occurrence of a given event.

Blockchain can erase the friction, in this process, by allowing the exchange of...