Blockchain is the popular name given to the exciting, evolving
world of distributed ledger technology (DLT). Blockchains offer
equitable and secure access to data, as well as transparency and
immutability. Organisations can decide to use blockchain to upgrade
whatever ledgers they are currently deploying (for example,
relational databases, spreadsheets and cumbersome operating models)
for their data and technology stack in terms of books and records,
transactions, storage, production services and in many other areas.
This book describes the applied use of blockchain technology in the
enterprise world. Written by two expert practitioners in the field,
the book is in two main parts: (1) an introduction to the history
of, and a critical context explainer about, the emergence of
blockchain written in natural language and providing a tour of the
features, functionality and challenges of blockchain and DLT; and
(2) a series of six applied organisational use cases in (i) trade
finance, (ii) healthcare, (iii) retail savings & investments,
(iv) real estate, (v) central bank digital currencies (CBDC) and
(vi) fund management that offer the reader a straightforward,
easy-to-read comparison between 'old world' technology (such as
platforms, people and processes) versus what blockchain ledgers
offer to enterprises and organisations in terms of improved
efficiency, performance, security and access to business data.
Blockchain is sometimes tainted by association to Bitcoin, Onecoin
and others. But as cryptocurrencies and stock markets continue to
rise and fall with volatility and the world economy emerges changed
by coronavirus, working from home and the threat of inflation, many
enterprises, organisations and governments are looking again at the
powerful features of blockchain and wondering how DLT may help them
adapt. This book is an ideal introduction to the practical and
applied nature of blockchain and DLT solutions for business
executives, business students, managers, C-suite senior leaders,
software architects and policy makers and sets out, clearly and
professionally, the benefits and challenges of the actual business
applications of blockchain.
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