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In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors. This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications. What You'll Learn What the blockchain is Why it is needed and what problem it solves Why there is so much excitement about the blockchain and its potential Major components and their purpose How various components of the blockchain work and interact Limitations, why they exist, and what has been done to overcome them Major application scenarios Who This Book Is For Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it
Understand Bitcoin, blockchains, and cryptocurrency with this clear and comprehensible guide Learn the history and basics of cryptocurrency and blockchains: There’s a lot of information on cryptocurrency and blockchains out there. But, for the uninitiated, most of this information can be indecipherable. The Basics of Bitcoins and Blockchains aims to provide an accessible guide to this new currency and the revolutionary technology that powers it. Bitcoin, Ethereum, and other cryptocurrencies: Gain an understanding of a broad spectrum of Bitcoin topics. The Basics of Bitcoins and Blockchains covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining. It also answers how payments are made and how transactions are kept secure. Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens. Blockchain technology: Blockchain technology underlies all cryptocurrencies and cryptocurrency transactions. But what exactly is a blockchain, how does it work, and why is it important? The Basics of Bitcoins and Blockchains will answer these questions and more. Learn about notable blockchain platforms, smart contracts, and other important facets of blockchains and their function in the changing cyber-economy. Things to know before buying cryptocurrencies: The Basics of Bitcoins and Blockchains offers trustworthy and balanced insights to those interested in Bitcoin investing or investing in other cryptocurrency. Discover the risks and mitigations, learn how to identify scams, and understand cryptocurrency exchanges, digital wallets, and regulations with this book. Readers will learn about: • Bitcoin and other cryptocurrencies • Blockchain technology and how it works • The workings of the cryptocurrency market • The evolution and potential impacts of Bitcoin and blockchains on global businesses Dive into the world of cryptocurrency with confidence with this comprehensive introduction.
Basic Blockchain tells you what you need to understand something that will revolutionise everything from financial and health services to the property market and how we vote. Intended for the general reader, Basic Blockchain demystifies this important but obscure technology --
The only book you need to understand blockchain: what it is, how it works and how it will transform business, society and our everyday lives. Basic Blockchain is an accessible, non-technical introduction to a revolutionary technology. 'Makes it easy for the average business executive to understand blockchain' -- Chris Larsen, founder and chairman, Ripple 'An essential tool for those looking to distinguish information from noise' -- Eva Kaili, MEP and Chair of The Committee for the Future of Science and Technology A revolution is under way across the globe, yet very few people understand it. Basic Blockchain will explain everything you need to know to understand the technology that will soon disrupt and revolutionise everything from financial and health services to the property market and how we vote. Born of an obscure body of research on game theory developed by NASA, originally championed by drug dealers seeking to launder ill-gotten gains, accelerated by entrepreneurs seeking to improve financial access for the poor, funded by giant corporate interests attracted to the potential for billions of dollars of cost savings, blockchain heralds a new era of financial inclusion, legal inclusion for the dispossessed and lower prices for consumers. In short, it will enact radical change on our lives. In this book, David L. Shrier, one of MIT and Oxford University's leading futurists, explains for the general reader: - The history of blockchain, its apocryphal progenitor Satoshi Nakamoto and the socioeconomic context of its origins in the 2008 financial crisis. - How blockchain works, including the core technologies that drive it such as cryptographic hashes and network theory, all described in simple, understandable terms. - The potential of blockchain, including its impact on our jobs, industry and society as a whole. Blockchain will disrupt and transform our world in profound ways. This accessible book, written by a global authority on blockchain, is the essential introduction to the next technological revolution.
This book will focus on how blockchain technology works and how it might be used in the future. What's inside:● Are blockchain really a revolution?● Could technology replace our institutions (like governments, banks, etc) altogether?● How does blockchain build trust between strangers?● How does blockchain increase security for transactions and contracts?● An overview about crypto concepts (eg. blocks, keys, mining, nodes, etc.)● What is the chain and why do we need it?● What's a technical explanation of what happens in the blockchain?● New kinds of decentralized ledger technology (DLT)● What is mining and why do we need it?● Are there alternatives to mining to create a blockchain?● Emerging trends in blockchain technology● What is a smart contract?Case studies of how non-tech companies are effectively utilizing blockchain● Are there other blockchain technologies I should know about?● How are companies adopting blockchain?● What regulatory hurdles might slow blockchain adoption?Wow, that's a lot of topic and questions. If you're ready to tackle them, I'm ready. You'll learn the core concepts of these technologies and understand their strengths and weaknesses from real case studies; dive deep into their technical, economic, political, and legal complexities; and gain insights about their future from exclusive interviews with dozens of tech industry leaders.
Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. Presents the evolution of blockchain, from fundamental theories, to present forms Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) Provides complete coverage of the various tools, platforms and techniques used in blockchain Explores smart contract tools and consensus algorithms Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery
The public and academic communities are currently very interested in blockchain technology. Its goal is to establish the framework for authentically trustworthy economic transactions. Typically, blockchain systems can perform financial transactions as well as verify that they adhere to programmable rules in form of "smart contracts." This enables parties to conduct & reliably regulate their transactions without the need for any third parties to be trusted. The value of Bitcoin can be compared to that of precious metals, according to some. Both have specific uses and are in limited supply. Gold and other precious metals are utilised in industrial applications, but the blockchain, the technology that underpins Bitcoin, has some uses in the financial services sector. Due to its digital heritage, Bitcoin might someday be used as a medium for retail transactions. The three key advantages of a blockchain are that it offers capabilities for authentication, transparency, and auditing. The popular cryptocurrency Bitcoin's underlying ledger, the blockchain, has significant ramifications for numerous businesses. The financial industry has seen a significant transformation as a result of Bitcoin and the blockchain. Additionally, it is a type of financial tool that might have a significant impact on how the world economy develops sustainably. This book concentrates on the development of blockchain technology and its significance.
This book explores the fundamentals and applications of Blockchain technology; the transparent, secure, immutable and distributed database used currently as the underlying technology for Cryptocurrency. Decentralized peer-to-peer network, distributed ledger and the trust model that defines Blockchain technology will be explained.
Blockchain and cryptocurrencies like Bitcoin have hogged the headlines for a long time. But after the hype and the money, there is a lot of technical work to be done, and developers in particular need to understand in some depth what foundations they are actually building their project on. There is quite a bit of basic to work in the Block chain which we have to understand, and the general security in p2p networking demands of Blockchain, before diving into the first Blockchain project. All these concepts are explained by simple concepts from scratch. Cryptocurrencies and decentralized applications are extremely popular, but not well understood technically, which is why we are presenting the classifications of all the cryptocurrency topics. This opens the Blockchain application categories, which helps to choose a blockchain use case, followed by a chapter on how to optimize and enhance a Blockchain application. Security is always a concern in decentralized application, which is why we tried to address all the visible concerns in the blockchain technology space and help to build a secure blockchain.
Unravel the mysteries of blockchains Blockchain technologies are disrupting some of the world’s biggest industries. Blockchain For Dummies provides a fast way to catch up with the essentials of this quickly evolving tech. Written by an author involved in founding and analyzing blockchain solutions, this book serves to help those who need to understand what a blockchain can do (and can't do). This revised edition walks you through how a blockchainsecurely records data across independent networks. It offers a tour of some of the world’s best-known blockchains, including those that power Bitcoin and other cryptocurrencies. It also provides a glance at how blockchain solutions are affecting the worlds of finance, supply chain management, insurance, and governments. Get a clear picture of what a blockchain can do Learn how blockchains rule cryptocurrency and smart contracts Discover current blockchains and how each of them work Test blockchain apps Blockchain has become the critical buzzword in the world of financial technology and transaction security — and now you can make sense of it with the help of this essential guide.