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

Hyperledger

Hyperledger is a project that is gaining the most attention in the ecosystem and it is important that, as a decision maker, you gain awareness of it. As many blockchains are built from scratch for lots of different needs all over the world, the Hyperledger Project, launched by the Linux Foundation, is trying to standardize and democratize blockchain within the business world. Instead of letting companies solve their issues on their own, Hyperledger combines cross-industry knowledge and a modular approach to allow enterprises to build customized blockchains.

In 2015, the Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced the collaboration of industry leaders to advance blockchain technology at an enterprise level. The original goal was—to develop an open source distributed ledger framework to build robust, industry...