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Blockchain Development for Finance Projects

You're reading from  Blockchain Development for Finance Projects

Product type Book
Published in Jan 2020
Publisher Packt
ISBN-13 9781838829094
Pages 530 pages
Edition 1st Edition
Languages
Concepts
Author (1):
Ishan Roy Ishan Roy
Profile icon Ishan Roy
Toc

Table of Contents (17) Chapters close

Preface 1. Section 1: Blockchain Payments and Remittances
2. Blockchain in Financial Services 3. Building a Blockchain Wallet for Fungible and Non-Fungible Assets 4. Designing a Payment Gateway for Online Merchants 5. Corporate Remittances and Settlement 6. Enabling Cross-Border Remittances with Real-Time KYC/AML Verification 7. Section 2: Blockchain Workflows Using Smart Contracts
8. Building a Letter of Credit Workflow Module Using Smart Contracts 9. Section 3: Securing Digital Documents and Files Using Blockchain
10. Building a Tamper-Proof Document Storage System 11. Section 4: Decentralized Trading Exchanges Using Blockchain
12. Building a Decentralized Trading Exchange 13. Developing a Currency Trading Exchange for Market Making 14. Looking into the Future 15. Other Books You May Enjoy Appendix: Application Checklist

Understanding the blockchain corporate remittance application and network layout

In this chapter, we'll be building a blockchain network using Hyperledger Fabric that we'll be using to carry out corporate remittances. We'll call this network Bankchain. The bankchain network will contain a private ledger called bkchannel. This channel will consist of two participants, Bank A and Bank B. Both Bank A and Bank B will have two nodes on the channel, labeled peer0 and peer1. Hence, in total, the channel has four nodes. All transaction requests will be posted to these nodes. Additionally, the banks will monitor these nodes for any incoming transactions.

Apart from the Hyperledger Fabric network, both banks will also each host an IPFS node. IPFS is a distributed file-sharing system. It consists of a distributed network and nodes. Documents published by any IPFS node can...

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