This is the book that discusses the up-and-coming blockchain
technology in a structured way from the conceptual, technological
and business perspectives, thereby providing the integrated insight
that is essential for truly understanding blockchain applications
and their impact. While most people may know about blockchain from
Bitcoin and news about its price in the financial markets,
blockchain is a technology that increasingly permeates the way in
which modern businesses operate. However, its dynamics and
functioning remain obscure for most people. This book gives readers
the tools to understand the full extent to which blockchain
technology is or can be used in business. First, the book focuses
on the functioning of blockchain systems, introducing basic
concepts such as transactions, consensus mechanisms and smart
contracts, as well as giving a smooth introduction to the basic
features of cryptography that underpin blockchain technology, e.g.,
digital signatures and hashing. Then, the book focuses on specific
blockchain platforms (Bitcoin, Ethereum, private blockchain
platforms) currently used for the implementation of
cryptocurrencies and other blockchain systems. Finally, it
introduces a set of tools to understand and analyse the suitability
of blockchain technology in different business scenarios from the
software architecture, business model, and business operation
perspectives. Examples and case studies of blockchain applications
currently in production are discussed extensively across the book.
This book targets students and educators with an interest in
blockchain technology providing a one-stop shop to obtain a deep
and complete insight in blockchain technology and its applicability
in different business scenarios. The textbook is designed primarily
for 3rd and 4th year undergraduate students in industrial
engineering, business and management, and information systems.
However, it can be adopted also in the computer science majors,
since it does not strictly require any specific pre-requisite
knowledge. At the graduate level, this book can be used in courses
for industrial engineering, information systems and management
students. Finally, the book is also of interest to practitioners,
like business analysts, process analysts and information system
architects, to understand the enabling and transformative potential
of blockchain in a given business scenario.
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