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Blockchain Basics

A Non-Technical Introduction in 25 Steps

Author(s):
Publisher:

Apress

Pages: 255
Downloads:

Flyer

Further Actions:

Recommend to library

AVAILABLE FORMATS

Paperback - 9781484226032

13 April 2017

$24.99

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Ebook - 9781484226049

14 March 2017

$19.99

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All prices are shown excluding Tax

In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or...

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In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors.

This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications.

What You'll Learn

  • What the blockchain is
  • Why it is needed and what problem it solves
  • Why there is so much excitement about the blockchain and its potential
  • Major components and their purpose
  • How various components of the blockchain work and interact
  • Limitations, why they exist, and what has been done to overcome them
  • Major application scenarios

Who This Book Is For

Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it

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Teaches core concepts and uses of blockchain technology, without relying on mathematical formulas or computer science jargon

Shows how financial and commercial applications of the blockchain work in practice

Teaches the essential blockchain format underlying all the technology's specific applications

Stage 1: Terminology and Technical Foundations
Step 1: Thinking in Layers and Aspects
Step 2: Seeing the Big Picture
Step 3: Recognizing the Potential
Stage 2: Why the Blockchain Is Needed
Step 4: Discovering the Core Problem
Step 5: Disambiguating the Term
Step 6: Understanding the Nature of Ownership
Step 7: Spending Money Twice
Stage 3: How the Blockchain Works
Step 8: Planning the Blockchain
Step 9: Documenting Ownership
Step 10: Hashing Data
Step 11: Hashing in the Real World
Step 12: Identifying and Protecting User Accounts
Step 13: Authorizing Transactions
Step 14: Storing Transaction Data
Step 15: Using the Data Store
Step 16: Protecting the Data Store
Step 17: Distributing the Data Store Among Peers
Step 18: Verifying and Adding Transactions
Step 19: Choosing a Transaction History
Step 20: Paying for Integrity
Step 21: Bringing the Pieces Together
Stage 4: Limitations and Their Solutions
Step 22: Seeing the Limitations
Step 23: Reinventing the Blockchain
Stage 5: Using the Blockchain, Summary, and Outlook
Step 24: Using the Blockchain
Step 25: Summarizing and Going Further
Bibliography.- 

“The book is really what is says to be – it introduces the “Blockchain Basics” without formulas or programming. And still, does it in a serious way, which allows you to “take home” the knowledge after reading it.” (vitoshacademy.com , May, 2018)“The book could be used as a textbook or simply to help structure a presentation on blockchain. … I think that the book achieves its objectives: to explain to a nontechnical audience what the blockchain is, how it works, and where it can be applied. It should also allow the reader to understand a lot of the hype that surrounds blockchain and to differentiate the ways in which the term is used.” (Computing Reviews, October, 2017)“This book presents a very intuitive and comprehensive introduction to the blockchain technology. It is useful to understand the concept and to find analogies to explain blockchain to people that are not familiar with it. The book is concisely written and well structured, so that the reader can easily follow and understand the presented concepts.” (Nicolas Kube, Financial Markets and Portfolio Management, Vol. 32, 2018)
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Daniel Drescher is an experienced banking professional who has held positions in electronic security trading in a range of banks. His recent activities have focused on automation, machine learning and big data in the context of security trading. Amongst others, Daniel holds a Doctorate in Econometrics from the Technical University of Berlin and an MSc in Software Engineering from the University of Oxford.

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Daniel Drescher is an experienced banking professional who has held positions in electronic security trading in a range of banks. His recent activities have focused on automation, machine learning and big data in the context of security trading. Amongst others, Daniel holds a Doctorate in Econometrics from the Technical University of Berlin and an MSc in Software Engineering from the University of Oxford.

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