BlockChain for Beginners

by Matthew Smith

Overview

Are you curious about the buzz surrounding blockchain technology but don't know where to start?

This book is the perfect introduction for anyone looking to understand the basics of blockchain and its impact on the world of finance and technology. This comprehensive guide covers everything from the history of blockchain and its evolution, to the core concepts and real-world applications of the technology. With clear explanations and easy-to-understand examples, you'll quickly gain a deep understanding of this innovative and disruptive technology. Whether you're a student, a business professional, or simply someone interested in staying ahead of the technological curve, this book provides the foundation you need to grasp the basics of blockchain.

With its clear and accessible style, it's the perfect resource for anyone looking to learn about this rapidly growing field. Don't wait any longer to learn about the future of finance and technology. Get your copy of "Blockchain for Beginners" today and take the first step towards understanding this revolutionary technology!

Product Details

ISBN-13:	9781088070802
Publisher:	Matthew Smith
Publication date:	09/12/2022
Sold by:	Barnes & Noble
Format:	eBook
Pages:	256
File size:	1 MB

About the Author

Matthew C. Smith is a seasoned information security professional with over 20 years of experience in the field. Throughout his career, he has demonstrated expertise in all aspects of information security, including risk management, incident response, and cyber threat intelligence.With a strong background in technical and management roles, Matthew has a unique understanding of the complex challenges organizations face in today's rapidly evolving cyber threat landscape. He has a proven track record of successfully leading cross-functional teams and implementing comprehensive security programs that meet the needs of the business while protecting against cyber threats.In addition to his technical skills, Matthew has excellent communication and interpersonal skills, allowing him to engage with stakeholders at all levels of an organization effectively. He is a thought leader in the industry and is known for his ability to translate complex technical concepts into actionable recommendations for his clients.Matthew is committed to staying at the forefront of the information security field and is a regular speaker at industry conferences and events. With his wealth of experience and technical know-how, he is a valuable asset to any organization looking to protect against cyber threats and ensure the security of their information systems.

Table of Contents

Introduction

Chapter 1 - A History of Currency, Cryptocurrency, and Blockchain

Money

Cryptocurrency

How Did Cryptocurrencies Develop?

Predecessors to Blockchain

DigiCash

HashCash

B-Money

E-Gold

Bitgold

Blockchains

Chapter 2 - Blockchain Basics

Components of a Blockchain

Security Concerns

Types of Blockchain

Blockchain Technology Overview

Centralization Example

Decentralized Example

Chapter 3 - The Business of Blockchain

Different Industries that Use Blockchain Technology

Adding Value to Your Business

Growing Money

The Cloud and Blockchain

Blockchain and Gaming

Supply Chain Management and Blockchain

Blockchain Technology and Quality Assurance

Chapter 4 - Blockchain Career Opportunities

Blockchain Career Options

Example job descriptions

Where are you able to find a blockchain job?

Blockchain Career

Blockchain Career Opportunities - Conclusion

Chapter 5 - Proof of labor vs. Proof of Stake

Proof of labor

Proof of Stake

Benefits of the Proof of Stake Model

Proof of Stake Challenges

Chapter 6 - Benefits of Blockchain Technology

Eliminating Third Parties

Control Over Data

Better Data Quality and Integrity

Durability and Reliability

The Integrity of knowledge Processing and Transfers

Transparency and Auditability

Faster Transactions

Lower Transaction Costs

Chapter 7 - Decentralized Finance (DeFi)

How is DeFi different from Bitcoin?

How does DeFi work?

What is a smart contract?

Who created DeFi?

What are you able to do with DeFi?

How do people make money in DeFi?

How risky is DeFi?

Chapter 8 - Smart Contracts

What Is Smart Contract?

Benefits of Smart Contracts

Trust and Transparency

Security

How Do Smart Contracts Work?

Smart Contacts and Flight Insurance

Voting and Blockchain

Blockchain Implementation of a smart contract and Crowdfunding

Use Cases of Smart Contracts

Amending and Terminating Smart Contracts

The Limits of Incorporating Vagueness Into Smart Contracts

Do Smart Contracts Guarantee Payment?

Risk Allocation for Attacks and Failures

Governing Law and Venue

Best Practices

Future of Smart Contracts

Chapter 9 - Blockchain Platforms

What is a blockchain platform?

Ethereum Blockchain

How to make use of Ethereum

How to store Ether

There are various sorts of wallets.

How to buy Ether

How Ethereum Works

Ethereum Use Cases

How Origin Stamp uses the Ethereum blockchain

Hyperledger Blockchain         

R3 Corda Blockchain

Blockchain Benefits

The Benefits of DeFi

Blockchain and Distributed Ledger Technology

Is Corda a Blockchain?

Permissioned vs. Permissionless Blockchains

Libertarian Dreams vs. Regulated Reality

Understanding ISO

R3 and CBDCs?

Corda, XDC, XLM, and XRP

Corda's Future Ecosystem

Quorum Blockchain

Chapter 10 - Risks and Challenges of Blockchain Technology

Major Hurdles of Blockchain

Risks of Blockchain Technology

Chapter 11 - Deciding if Blockchain Technology is a correct choice for You

Know Who is going to be watching Your Data

Writeable Data

Data Alteration

Data Restoration

Easy to Share

Storage Limitations

Verification Process

Taking subsequent Step

Chapter 12 - Blockchain Implementation Mistakes to Avoid

Having Unrealistic Expectations

Underestimating the Time Commitment

Being Impatient

Not Limiting Access

Conclusion