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


Throughout this chapter, we've demonstrated how traceability and transparency can be fulfilled collaboratively, securing and enhancing the supply chain and asset maintenance in industrial sectors. We also demonstrated how processes can be improved in healthcare and food, how interoperability enhanced security between connected devices, and how undisclosed information could be shared in a competitive environment seamlessly and protectively.

You've learned how blockchain brings a robust authentication on a network to decrease counterfeit and forgery, mainly in the luxury goods industry and in arts. Also, we showed how blockchain enables new business opportunities between competitors, just like in the automotive and commercial food industries.

We also demonstrated, through the different sections, that financial inclusion increased in emerging markets as financial...