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

Future Outlook for Blockchain

So far, we have covered fundamental, technical, economic, and social concepts around blockchain, as well as provided definitions and legal information around cryptocurrencies and tokens. We also have illustrated several applications that were implemented in the business world. As a decision maker, you hopefully have enough elements to build a personal opinion about the technology and figure out how relevant it is for your business.

Blockchain is currently on the verge of becoming the next big technology. Between 2009 and 2014, the ecosystem was struggling to reach a certain level of adoption to make Bitcoin a reliable decentralized digital currency. Enthusiasts were focusing on trading activities, slowly discovering the underlying technology and its disintermediated and transparent features. The birth of Ethereum changed many things, fostering...