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

Oracle

Oracle CEO Mark Hurd declared in 2017, during the OpenWorld convention, that blockchain was the next big thing and that it can allow companies to attain their main priorities: increasing revenue, boosting cash flow, decreasing spending, and managing risk. Hurd confirmed these thoughts the following year at the same event, saying that in a supply chain, 65% of the managers manually track the shipment of goods whereas blockchain could provide applications to provide automation and increase security and facilitate information exchange. In these circumstances, Oracle announced, in July 2018, the launch of its own blockchain platform to catch up with IBM's progress. This platform, designed as a service on Oracle Cloud, is called Oracle Blockchain Cloud Service (BCS), and just like IBM, is built on the Hyperledger Fabric framework. It was adopted by several companies such...