Introduction to Blockchain Technology. Tiana Laurence

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      INTRODUCTION TO BLOCKCHAIN TECHNOLOGY

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      Introduction

      to blockchain

      technology

      The many faces of blockchain technology in the 21st century

      Tiana Laurence

      Colophon

Title:	Introduction to blockchain technology
Subtitle:	The many faces of blockchain technology in the 21st century
Author:	Tiana Laurence
Reviewers:	Atul Anand (Global MBA, SP Jain: Strategic Management, IIMC)Stefan Macica (Slovakia)Rita Pilon (EXIN)Scott Robinson (founder of Plug and Play FinTech)Mikulas Zalai (Slovakia)
Text editor:	Steve Newton
Publisher:	Van Haren Publishing, ’s-Hertogenbosch, www.vanharen.net
ISBN Hard copy:	978 94 018 0499 8
ISBN eBook pdf:	978 94 018 0501 8
ISBN eBook EPUB:	978 94 018 0504 9
Edition:	First edition, first impression, October 2019
Layout and DTP:	Coco Bookmedia, Amersfoort – NL
Copyright:	© Van Haren Publishing, 2019

      Nothing from this publication may be reproduced, recorded in an automated database or published on or via any medium, either electronically, mechanically, through photocopying or any other method, without prior written permission from the publisher.

      This publication was produced with the utmost care and attention. Nevertheless, the text may contain errors. The publisher and the authors are not liable for any errors and/or inaccuracies in this text.

      Preface

      Dear reader,

      You have heard buzz words like “bitcoin”, “blockchain”, and “cryptocurrency”. They are everywhere. Companies and governments have started to use blockchain technology in earnest and will increasingly do so for the foreseeable future. It is time to take an in-depth look at blockchain technology, and how you can take advantage of its potential.

      This book is perfect for you if you are looking to expand your knowledge of blockchain technology but are not a programmer. It is about software but not written for technical experts. It assumes that you have little to no knowledge of the subject and will explain topics as simply as possible, while not obscuring details that may affect you. The book will give you insight into the critical differences in blockchain software and will provide you with a basic understanding of how and why they work.

      After reading this volume, you will be able to speak with confidence on the topic, know key differences in technology, and why they are relevant to you, your company, and your industry. You will also have critical insight into blockchain software’s inherent limitations and shortcomings.

      The popularization of blockchain has shrouded the sector into the realm of alchemy. Attaching the words “tokenization” and “blockchain” have spontaneously transformed the mundane into the magical. This book will demystify the topic and cut through the hype. You will understand the changes that are happening and uncover any pretense.

      In this book, each chapter ends with review questions to help you better understand the core of the chapter.

      I hope you will enjoy this book.

      Kind regards,

      Tiana Laurence

      Contents

       1 Introduction to Blockchain Technology