Introduction to Blockchain Technology. Tiana Laurence

ChainThat

       8.4 Intellectual property rights and providence

       History of intellectual property rights

       Intellectual property at present

       Intellectual property of the future

       Top challenges in the intellectual property rights industry

       Digital reproduction

       Coverage expansion of rights

       Digital IP of the future

       IPwe

       LOCI

       Vaultitude

       8.5 Summary

       8.6 Test your knowledge

       9 Blockchain and people

       9.1 Lean governments

       9.2 Estonia’s e-Residency

       9.3 Better authentication and notarization in China

       9.4 The trust layer for the internet

       9.5 Spam-free email

       9.6 Blockchain oracles for IoT

       9.7 IP and trusted authorship

       9.8 Intellectual property rights

       9.9 Government

       Smart cities of China - Hangzhou

       U.S. Department of Homeland Security

       Singapore’s Smart Nation project

       Singapore satellite cities in India

       China’s Whole Country strategy

       9.10 Financial capitals of the world

       London

       Exciting projects across the UK

       9.11 Dubai’s 2020 goal

       9.12 BitLicense of New York City

       9.13 Malta, the blockchain island of the EU

       9.14 German blockchain

       9.15 French blockchain efforts

       9.16 Summary

       9.17 Test your knowledge

       10 Blockchain and the inhibitors

       10.1 Blockchain vulnerabilities

       Smart contract vulnerabilities

       Centralized public networks

       Centralized private networks

       10.2 Community fractures and feuds

       10.3 Fraud and scams

       Advanced fee schemes

       Identity theft and credit card fraud

       Internet and device hacking

       Market manipulation

       Pyramid and Ponzi schemes

       10.4 Summary

       10.5 Test your knowledge

       Appendix A: Answer Keys

       Index

      1 Introduction to Blockchain Technology

      Blockchain has become an omnipresent term that encompasses a social promise and a new technology. Originally proposed as a solution for Bitcoin’s cryptocurrency record keeping system, blockchains are now used to store the records of all types of applications.

      Blockchain means something more in many people’s minds. The promise many associate with blockchain applications is that they will collapse all centralized systems. Centralized systems are everywhere people need to trust a counterparty and don’t have the resources themselves to do so independently.

      An easy way to identify a place where blockchain technology may be applied is to look for areas where a middleman is needed to facilitate trust. Trust is essential for things such as the transfer of money, voting, land records, IP rights, and identity. Blockchain software can be programmed to take the place of the middleman by becoming the trusted record keeping system.

      In this chapter, you will learn the basics of blockchain software. This includes the vital concepts that govern most blockchains, economic models, and network structures. It will help you lay a strong foundation for understanding how the technology works and what it is capable of doing.

1.1