Blockchain Technology and Applications (River Publishers Series in Security and Digital Forensics) - Hardcover

Banafa, Ahmed

Hardcover

ISBN 10: 8770221065 ISBN 13: 9788770221061

Publisher: River Publishers, 2020

Synopsis

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.

About this title

About the Author

Ahmed Banafa

From the Back Cover

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.

Edition details

• Publisher: River Publishers
• Publication date: 2020
• Language: English
• ISBN 10: 8770221065
• ISBN 13: 9788770221061
• Binding: Hardcover
• Edition number: 1
• Number of pages: 154