Concepts Of Blockchain Technologies

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Handbook of Research on Blockchain Technology

Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. - Presents the evolution of blockchain, from fundamental theories, to present forms - Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) - Provides complete coverage of the various tools, platforms and techniques used in blockchain - Explores smart contract tools and consensus algorithms - Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery
CONCEPTS OF BLOCKCHAIN TECHNOLOGIES.

Author: Dr. K Raghavendra Prasad
language: en
Publisher: AG PUBLISHING HOUSE (AGPH Books)
Release Date: 2022-12-30
As described in this book, "Concept of Blockchain Technologies," the blockchain is a shared public ledger of all transactions or digital events that have occurred. The public ledger's accuracy is ensured by the votes of the system's members. Moreover, data cannot be removed once inputted. Every single transaction that has ever been made is recorded on the blockchain and may be verified at any time. Perhaps the most well-known use of blockchain technology is Bitcoin, a decentralised peer-to-peer digital currency. Despite the widespread debate around bitcoin, the blockchain technology it is built on has shown to be reliable and useful in a variety of fields outside finance. This book introduces the core ideas of blockchain technology, which are the backbone of any decentralised consensus network in the Internet's decentralised environment. By producing an unchangeable record in a public ledger, all involved parties may be certain that a digital event occurred. As a result, the door is ajar for decentralising the digital economy and establishing one that is democratic, open, and scalable. We are only at the beginning of the technological revolution brought about by this disruptive technology, which presents enormous prospects. This book provides a concise overview of all the most significant parts of blockchain technology, including its architecture, cryptographic basics, bitcoin and its many facets, Ethereum, Ethereum wallets, smart contracts, and the most current trends with difficulties and solutions in this developing field.
Blockchain Technology and Applications

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.