Blockchain Technology and Applications
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Description
Blockchain is an emerging technology that can radically improve security in transaction networks, 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; 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. Components of Blockchain, its operations, underlying algorithms, and essentials of trust will be defined. Types of Blockchain networks including private and public Blockchain networks will be introduced. Concepts of smart contracts, proof of work and proof of stack will be clarified. The relationship between Blockchain technology, Internet of Things (IoT), Artificial Intelligence (AI), Cybersecurity and Digital Transformation will be explored in this book. Myths about Blockchain will be exposed and a look at the future of Blockchain will be presented.
Topics will be covered in this book: Blockchain technology, Smart contracts, Hashing, SHA-256 Hash, Verification, Validation, Consensus models, Digital Mining, Hard fork, Soft fork, Bitcoin, Ethereum, Proof of work, Proof of stack, Myths about Blockchain, Decentralized peer-to-peer network, Types of Blockchain networks, Hot and Cold Wallets, Double Spend, Decentralized Applications, Transaction networks, Sidechains, 51% attack, Cryptocurrency, Digital transformation, Internet of Things (IoT), Artificial Intelligence (AI), Cybersecurity and the Future of Blockchain.
ScholarWorks Profile
Publication Date
6-2020
Publisher
River Publishers
Keywords
Blockchain, IoT, Internet of Things, Artificial Intelligence, Hashing, Verification, Validation, Consensus Model, Cybersecurity, Smart Contracts, Digital Transformation, Hard Fork, Soft Fork, Bitcoin, Ethereum, Decentralized Peer-To-Peer Network, Transaction Networks, Cryptocurrency, Block Header, Proof of Work, Proof of Stack, SHA-256 Hash, Encryption, Digital Mining, Private Blockchain, Public Blockchain, Federated Blockchain, Consortium Blockchain, Decentralized Applications, Genesis Block, Initial Coin Offering, Merkle Tree, Private Key, Public Key, Satoshi Nakamoto, Hot Wallet, Cold Wallet, 51% Attack, Digital Signature, Turing Complete, Permissioned Blockchain, Double Spend.
