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Blockchain for Decision Makers: A systematic guide to using blockchain for improving your business

Romain Tormen

€18.99 per month

Paperback Sep 2019 184 pages 1st Edition

Romain Tormen

€18.99 per month

Paperback Sep 2019 184 pages 1st Edition

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Preview Book

Key benefits

Become familiar with business challenges faced by companies when using blockchain
Discover how companies implement blockchain to monetize and secure their data
Study real-world examples to understand blockchain and its use in organizations

Description

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.

Who is this book for?

This book is for CXOs, business professionals, organization leaders, decision makers, technology enthusiasts, and managers who wish to understand how blockchain is implemented in different organizations, its impact, and how it can be customized according to business needs. Prior experience with blockchain is not required.

What you will learn

Become well-versed with how blockchain works
Understand the difference between blockchain and Bitcoin
Learn how blockchain is being used in different industry verticals such as finance and retail
Delve into the technological and organizational challenges of implementing blockchain
Explore the possibilities that blockchain can unlock for decision makers
Choose a blockchain framework best suited for your projects from options such as Ethereum and Hyperledger Fabric

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Product Details

Publication date : Sep 26, 2019

Length: 184 pages

Edition : 1st

Language : English

ISBN-13 : 9781838552275

Category :

Data

Concepts :

Blockchain

Tools :

Blockchain

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14 Chapters

Section 1: A First Step into Blockchain and an Exciting World

Basics of Blockchains and the Illustration of Village Beta

The significance of blockchain in the business world

Understanding blockchains

Breaking down blockchains

Summary

A Technical Dive into Blockchain

No network, no blockchain

Cryptography

Understanding the data structure

Creating identities

The Byzantine Generals Problem

Understanding the consensus protocol mechanism

Summary

Ethereum and Smart Contracts

Which is better, Bitcoin or Ethereum?

The EVM

Comparing proof-of-work and proof-of-stake

Real-world applications

Summary

ICOs and Tokenized Fundraising Methods

What are ICOs?

Illustration of an ICO – the case of Ethereum

Utility tokens and security tokens

What is so revolutionary about ICOs?

Summary

Section 2: Blockchain in Practice, Insights, and Achievements

An Economic and Historical Approach of Blockchain

The economic global picture

Blockchain as the missing tool for a collaborative economy

Exchanging value in the digital world

Summary

Blockchain Legality, Compliance, and Regulation

Laying the groundwork

How to legally define a blockchain

How to legally define tokens and other cryptoassets

Overview of regulation frameworks

Overview of accounting frameworks

Summary

Blockchain for the Business World and Achievements

Authentication and trustworthiness

Interoperability

Traceability

Automation, disintermediation, and self-organization

Digital identities

Smart cities and public issues

Financial securities and fundraising

Digital uniqueness

Blockchain in the banking and finance sector

Summary

Future Outlook for Blockchain

Increasing investment in blockchain

The next GAFA

A plausible shift for governments

Threats and risks in the ecosystem

Summary

Section 3: Blockchain for Business Leaders

Infrastructures and Cloud-Based Solutions

The evolution of blockchains

Private, semi-private, and public blockchains

Defining Your Needs

Deciding to implement a blockchain

How much does a blockchain cost?

Challenges and issues

Business leaders' perception of blockchain

Summary

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About the author

Romain Tormen

Romain Tormen is a senior consultant for PwC, a worldwide consulting firm. He has experienced digital transformation within several industries and different business units. Specialized in emerging technologies, he promotes to his clients the use of blockchain for better transaction security, transparency, disintermediation, and third-parties authentication. As a contributing writer for one of the most-read tech-oriented website hackernoon, Romain gives business insights and provides use-cases for a broad range of industries.

See other products by Romain Tormen

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Blockchain for Decision Makers: A systematic guide to using blockchain for improving your business

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