Blockchain Technology and Applications

Book Description Blockchain is an emerging technology that can radically improve transactions security at banking, supply chain, and other transaction networks. It’s estimated that Blockchain will generate $3.1 trillion in new business value by 2030. Essentially, it provides the basis for a dynamic distributed ledger that can be applied to save time when recording transactions between parties, remove costs associated with intermediaries, and reduce risks of fraud and tampering. This book explores the fundamentals and applications of Blockchain technology. Readers will learn about the decentralized peer-to-peer network, distributed ledger, and the trust model that defines Blockchain technology. They will also be introduced to the basic components of Blockchain (transaction, block, block header, and the chain), its operations (hashing, verification, validation, and consensus model), underlying algorithms, and essentials of trust (hard fork and soft fork). Private and public Blockchain networks similar to Bitcoin and Ethereum will be introduced, as will concepts of Smart Contracts, Proof of Work and Proof of Stack, and cryptocurrency including Facebook’s Libra will be elucidated. Also, the book will address the relationship between Blockchain technology, Internet of Things (IoT), Artificial Intelligence (AI), Cybersecurity, Digital Transformation and Quantum Computing.

Readers will understand the inner workings and applications of this disruptive technology and its potential impact on all aspects of the business world and society. A look at the future trends of Blockchain Technology will be presented in the book.

Content

Part 1: Blockchain Technology
Chapter 1. Introduction to Blockchain
Chapter 2. Consensus Protocols
Chapter 3. Key Blockchain Use Cases
Chapter 4. Important Topics in Blockchain
Chapter 5. Decentralized Applications – DApps

Part 2: Blockchain Applications
Chapter 6. Using Blockchain to Secure IoT
Chapter 7. IoT and Blockchain: Challenges and Risks
Chapter 8. IoT, AI and Blockchain: Catalysts for Digital Transformation
Chapter 9. Myths about Blockchain Technology
Chapter 10. Cybersecurity & Blockchain
Chapter 11. Blockchain and AI: A Perfect Match?
Chapter 12. Quantum Computing and Blockchain: Facts and Myths
Chapter 13. Cryptocurrency: To Libra or not To Libra
Chapter 14. Future Trends of Blockchain
Chapter 15. Blockchain Technology and COVID-19