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Blockchain: The complete guide to understanding Blockchain Technology for beginners in record time

Blockchain: The complete guide to understanding Blockchain Technology for beginners in record time

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Blockchain: The complete guide to understanding Blockchain Technology for beginners in record time

valutazioni:
4/5 (19 valutazioni)
Lunghezza:
38 pagine
37 minuti
Pubblicato:
Aug 9, 2017
ISBN:
9781386469186
Formato:
Libro

Descrizione

Want To Learn Everything About the game-changer for the world of finance ? Learn how you can benefit from Blockchain Now...!!!

This is an excelent book for beginners to understand the Business potentials of Blockchain !

Blockchain is a way of revolutionizing business transactions. It was developed in conjunction with Bitcoin technology but can be applied just about everywhere and has enormous implications for education and the future of finance. Blockchain, however, is more basic than just a tool for finance. Therein lies its incredible potential. At the most basic level a ledger. It is a digital ledger of transactions, one that is accessible to the public and keeps track of transactions anonymously .

This awesome book covers:

  • What is Blockchain?
  • The History of Blockchain
  • The Advantages and Disadvantages of Blockchain Technology
  • What Can Blockchains Enable?
  • Examples of Public and Private Blockchain Concepts
  • The Mechanics of Blockchain
  • Legal impacts of the Blockchain technology
  • And more…
Pubblicato:
Aug 9, 2017
ISBN:
9781386469186
Formato:
Libro

Informazioni sull'autore


Correlato a Blockchain

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Anteprima del libro

Blockchain - Anthony Idalion

Conclusion

Introduction: What is Blockchain?

BLOCKCHAIN IS A WAY of revolutionizing business transactions. It was developed in conjunction with Bitcoin technology but can be applied just about everywhere and has enormous implications for education and the future of finance.  Blockchain, however, is more basic than just a tool for finance. Therein lies its incredible potential. At the most basic level a ledger. It is a digital ledger of transactions, one that is accessible to the public and keeps track of transactions anonymously. It is an open-source software, which means that anyone can see what is happening and make changes to it. What is unique about it is that through cryptography, the recordings are secure and essentially unalterable. At the same time, any changes made to the ledger are distributed globally. Because essentially anyone can participate in and verify the transaction, it is what Blockchain theorist David Tapscott deems a platform for trust, and at that, one of truth, because it is structured in such a way that fabrication is nearly impossible. 

The incredible thing about Blockchain technology is its inherent security. This will surprise newcomers given the reputation of Bitcoin as a currency used for laundering illegal activities, yet precisely because of Blockchain, Bitcoin had its appeal as a source of dependable anonymity. Blockchain technology is being lauded by law enforcement and other government officials as of the most guaranteed secure sources of transactions to be found on the Internet today, a reputation which only improves with time.

The traditional understanding of banking would dictate that the ledger is kept by a bank and it takes time to make updates when a transaction occurs so that both banks have a record of what occurred. Your money is entrusted in with the third party. Blockchain eliminates the need for a third party. How? It puts the power of verification in the hands of those who use it. It goes further than that; unlike banks, which are subject to the threat of compromised security, Blockchain is virtually impossible to hack. 

This is a total game-changer for the world of finance. Even with little knowledge of the field, this is apparent. Yet Blockchain is touted as revolutionary far beyond the finance world. This is because the nature of Blockchain technology is such that it can be applied in industries far beyond the financial sector. In this globalized world, goods are exchanged across continents at rates unimaginable

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19 valutazioni / 2 Recensioni
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Recensioni dei lettori

  • (1/5)
    Very basic and easily available information. Don't waste your money on this book.
  • (5/5)
    I like this book so much .The reader will know many thing about blockchain when they read the book.specially for the beginner .Its include ins and outs of the blockchain. The bitcoin earner will also know about the use of blockchain wallet .specially i like the double spending section.I like too thanks the writer for writing such a good book. Keep writting.