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)


There are many applications of blockchain technology and, as discussed in this chapter, they can be implemented in various industries to bring about solutions to existing problems. In this chapter, five main industries that can benefit from blockchain have been discussed. First, IoT was discussed, which is another revolutionary technology in its own right. By combining it with blockchain, several fundamental limitations can be addressed, which brings about tremendous benefits to the IoT industry. More focus has been given to IoT in this chapter, as it is the most prominent and most ready candidate for adapting blockchain technology. Moreover, applications in the government sector were discussed, whereby various government processes such as homeland security, identification cards, and benefit disbursements can be made transparent, secure, and more robust.

Furthermore, issues in the finance sector were discussed, along with possible solutions that blockchain technology could...