Book Image

Mastering Blockchain - Third Edition

By : Imran Bashir
Book Image

Mastering Blockchain - Third Edition

By: Imran Bashir

Overview of this book

Blockchain is the backbone of cryptocurrencies, with applications in finance, government, media, and other industries. With a legacy of providing technologists with executable insights, this new edition of Mastering Blockchain is thoroughly revised and updated to the latest blockchain research with four new chapters on consensus algorithms, Serenity (the update that will introduce Ethereum 2.0), tokenization, and enterprise blockchains. This book covers the basics, including blockchain’s technical underpinnings, cryptography and consensus protocols. It also provides you with expert knowledge on decentralization, decentralized application development on Ethereum, Bitcoin, alternative coins, smart contracts, alternative blockchains, and Hyperledger. Further, you will explore blockchain solutions beyond cryptocurrencies such as the Internet of Things with blockchain, enterprise blockchains, tokenization using blockchain, and consider the future scope of this fascinating and disruptive technology. By the end of this book, you will have gained a thorough comprehension of the various facets of blockchain and understand their potential in diverse real-world scenarios.
Table of Contents (24 chapters)
23
Index

Smart contract templates

Smart contracts can be implemented in any industry where they are required, but the most popular use cases relate to the financial sector. This is because blockchain first found many use cases in the finance industry and, therefore, sparked enormous research interest in the financial industry long before other areas. Recent work in the smart contract space specific to the financial sector has proposed the idea of smart contract templates. The idea is to build standard templates that provide a framework to support legal agreements for financial instruments.

Christopher D. Clack et al. proposed this idea in their paper published in 2016, named Smart Contract Templates: Foundations, design landscape and research directions.

The paper is available at https://arxiv.org/pdf/1608.00771.pdf.

The paper also suggested that domain-specific languages (DSLs) should be built to support the design and implementation of smart contract templates. A...