Blockchain is a distributed database that enables permanent, transparent, and secure storage of data. The blockchain technology is the backbone of cryptocurrency – in fact, it’s the shared public ledger upon which the entire Bitcoin network relies – and it’s gaining popularity with people who work in finance, government, and the arts.
Blockhchain technology uses cryptography to keep data secure. This book gives a detailed description of this leading technology and its implementation in the real world.
This book begins with the technical foundations of blockchain, teaching you the fundamentals of cryptography and how it keeps data secure. You will learn about the mechanisms behind cryptocurrencies and how to develop applications using Ethereum, a decentralized virtual machine. You will explore different blockchain solutions and get an exclusive preview into Hyperledger, an upcoming blockchain solution from IBM and the Linux Foundation. You will also be shown how to implement blockchain beyond currencies, scability with blockchain, and the future scope of this fascinating and powerful technology.
What You Will Learn
- Master the theoretical and technical foundations of blockchain technology
- Fully comprehend the concept of decentralization, its impact and relationship with blockchain technology
- Experience how cryptography is used to secure data with practical examples
- Grasp the inner workings of blockchain and relevant mechanisms behind Bitcoin and alternative cryptocurrencies
- Understand theoretical foundations of smart contracts
- Identify and examine applications of blockchain technology outside of currencies
- Investigate alternate blockchain solutions including Hyperledger, Corda, and many more
- Explore research topics and future scope of blockchain technology