The increased digitization and automation taking place at a rapid pace across all the spheres are our activity are creating a world of unforeseen convenience. However, we are put to an unimaginable risk of cyber-threats. At the same time, there is a lack of trust sweeping across with the counterparties and a tremendous threat to the privacy of the global citizens with the trusted third parties like governments and organizations that are unable to prevent breaches of data and malicious cyber-attacks. In such a scenario, how do we de-risk our transactions from these threats and still take advantage of the digital transformation pioneered by the emerging technologies? Blockchain! So, what is this Blockchain technology and how does it endow its users with all these compelling benefits? Let us dissect the various components of this technology and demystify the various aspects and be prepared for the revolution ahead! Srinivas is one of the few individuals in the country who really understands Blockchain! His book truly demystifies this topic and has a lot of insights. It’s a must-read for anyone interested in understanding this new technology. - Hari T.N. Author, Investor, Start -up Evangelist Co-Author, Saying No to Jugaad - The Making of BigBasket This book is indeed a great effort to put Blockchain in a right perspective with respect to its utility beyond the Bitcoin for Enterprises, NGO's, Government and Institutions. - Dr. M. Muneer Founder -Medici Inst, MD - Rezonent India, CEO - CustomerLab

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

This book provides a comprehensive introduction to blockchain and distributed ledger technology. Intended as an applied guide for hands-on practitioners, the book includes detailed examples and in-depth explanations of how to build and run a blockchain from scratch. Through its conceptual background and hands-on exercises, this book allows students, teachers and crypto enthusiasts to launch their first blockchain while assuming prior knowledge of the underlying technology. How do I build a blockchain? How do I mint a cryptocurrency? How do I write a smart contract? How do I launch an initial coin offering (ICO)? These are some of questions this book answers. Starting by outlining the beginnings and development of early cryptocurrencies, it provides the conceptual foundations required to engineer secure software that interacts with both public and private ledgers. The topics covered include consensus algorithms, mining and decentralization, and many more. “This is a one-of-a-kind book on Blockchain technology. The authors achieved the perfect balance between the breadth of topics and the depth of technical discussion. But the real gem is the set of carefully curated hands-on exercises that guide the reader through the process of building a Blockchain right from Chapter 1.” Volodymyr Babich, Professor of Operations and Information Management, McDonough School of Business, Georgetown University "An excellent introduction of DLT technology for a non-technical audience. The book is replete with examples and exercises, which greatly facilitate the learning of the underlying processes of blockchain technology for all, from students to entrepreneurs.” Serguei Netessine, Dhirubhai Ambani Professor of Innovation and Entrepreneurship, The Wharton School, University of Pennsylvania "Whether you want to start from scratch or deepen your blockchain knowledge about the latest developments, this book is an essential reference. Through clear explanations and practical code examples, the authors take you on a progressive journey to discover the technology foundations and build your own blockchain. From an operations perspective, you can learn the principles behind the distributed ledger technology relevant for transitioning towards blockchain-enabled supply chains. Reading this book, you'll get inspired, be able to assess the applicability of blockchain to supply chain operations, and learn from best practices recognized in real-world examples." Ralf W. Seifert, Professor of Technology and Operations Management at EPFL and Professor of Operations Management at IMD

Blockchain is a technology that tends to be misunderstood by managers that need to make technology acquisition decisions. This book will provide readers with a basic understanding of blockchain and distributed ledger technology (DLT), the technologies that underpin it, and the technologies DLT is built upon. The book is purposefully not a book on how to code or explore other technical aspects of blockchain (other than the fundamentals). Rather, it provides managers with the basic understanding of the architectures and consensus algorithms, how they work, the design trade-offs of each architecture type, and what problems and use cases the core characteristics of DLT are best suited to solve ─ providing business managers with the core information they need to ask the right questions of vendors when making business value assessments and acquisition decisions.

The Pragmatic Guide to Driving Value and Disrupting Markets with Blockchain "Blockchain’s potential to transform businesses has generated a tremendous amount of excitement across industries. However, it can be difficult for decision makers to develop a practical approach to blockchain for their specific business requirements. By identifying and clearly describing the value of blockchain for enterprises, as well as the processes required to harness blockchain to achieve business objectives, Blockchain for Business presents a startlingly concise yet comprehensive roadmap for business leaders. This book is an excellent resource for anyone looking to leverage blockchain to transform their business." —Dr. Won-Pyo Hong, President & CEO of Samsung SDS “Much has been written about blockchain in the past few years: what it is and what it is not (at various levels of detail), as well as the technology’s long-term strategic value for companies, industries, and economies. However, what we’ve been missing is a practical, operational, ‘how to’ set of steps for creating, implementing, and operating a blockchain-based solution. This book aims to fill that gap. It’s an invaluable tool for anyone ready to take the plunge and start taking advantage of this remarkable technology.” —Irving Wladawsky-Berger, research affiliate, MIT; columnist, WSJ CIO Journal; VP Emeritus, IBM "I will never be able to adequately express how useful this book will be to my class. In addition the great chapters on cybersecurity, I loved the Integration Models, especially 'Coexistence with Systems of Record.' Legacy integration with Blockchain is a critical barrier, and you nailed it!" —Thomas Doty, JD, LLM - Adjunct Professor, University of New Hampshire Law Blockchain enables enterprises to reinvent processes and business models and to pursue radically disruptive applications. Blockchain for Business is a concise, accessible, and pragmatic guide to both the technology and the opportunities it creates. Authored by three experts from IBM’s Enterprise Blockchain practice, it introduces industry-specific and cross-industry use cases, and reviews best-practice approaches to planning and delivering blockchain projects. With a relentless focus on real-world business outcomes, the authors reveal what blockchain can do, what it can’t do yet, and where it’s headed. Understand five elements that make blockchain so disruptive: transparency, immutability, security, consensus, and smart contracts Explore key use cases: cross-border payments, food and drug safety, provenance, trade finance, clinical trials, land registries, and more See how trusted blockchain networks are facilitating entirely new business models Compare blockchain types: permissioned, permissionless, private, public, federated, and hybrid Anticipate key technical, business, regulatory, and governance challenges Build blockchain financial models, investment rubrics, and risk frameworks Organize and manage teams to transform blockchain plans into reality Whether you’re a senior decision maker, technical professional, customer, or investor, Blockchain for Business will help you cut through the hype and objectively assess blockchain’s potential in your business. Register your product for convenient access to downloads, updates, and/or corrections as they become available.

"This book in the Library Futures Series examines blockchain technology, a concept with far-reaching implications for the future of record keeping"--

Accessible and fun to read, this practical book contains a collection of stories of organizations using blockchain technology in practice. Through deep research and firsthand interviews, authors Sir John Hargrave and Evan Karnoupakis show you how leading-edge organizations have worked to integrate blockchain into their businesses. You'll start by exploring the origins of blockchain, with plain-English descriptions of industry terminology like bitcoin, cryptocurrencies, and smart contracts. Then you'll dive into 10 story-driven case studies that will teach you easy-to-understand blockchain best practices. Explore real-life examples of companies developing and integrating blockchain applications for mobile voting, credentialing, supply chains, and a $100 million virtual cat collectible marketplace Discover how blockchain is transforming industries like banking, communications, government, logistics, and nonprofits Learn about engaging blockchain success stories, such as Binance, Ethereum, and Circle Examine common blockchain best practices, with illustrations for easy reference, and learn how to apply them in your business, government project, or charitable foundation

This book sets out to explain blockchain for the non-technical expert, to decipher the dense technicalities that dominate the field and to present the opportunities for busy professionals using practical applications and case studies. Presented in a clear and structured way and with documented real-world cases, the book is a practical reference guide that can be used across different industries. It offers both a constructive and critical review of the pain points blockchain is facing today, illustrates the pitfalls as well as the opportunities for business and describes the steps towards overcoming them. It also aims to provide a unique view of both the intersection and synergy of blockchain with other emerging technologies and the wider digital ecosystem, as we see increasingly that blockchain alone won’t be able to deliver business solutions. Most important, the book identifies trends and a path for the future of blockchain and its impact on society as a whole. The book is written for business audiences across all sectors. It is not a technical guide to blockchain, but it enables businesspeople to be better informed and prepared to plan ahead and develop strategies using blockchain.

Nobody can deny the importance of currency in the financial or economic world. With the advancements in technology, there was a need for some digital way to store data. Then Blockchain arrived and changed the thinking of people and businesses. Yes, Blockchain is definitely a breakthrough in the digital financial world and it is going to be the stronger technology for future generations. Big companies, as well as businesses, have felt the importance of this new technology. That is why many of the biggest organizations, business owners and businesses are focusing on Blockchain. They also think that this is going to be the front line method to transfer or send money from one place of the world to the other place within a few seconds. There is no doubt that Blockchain has already made great changes in the financial as well as the other fields of the world. In the future, it is expected to grow more and surely its future is bright.

The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.