This book focuses on the innovation of blockchain technology and the
advantages it offers. It provides a clear and comprehensive overview of
blockchain technology and its possibilities, and thereby helps readers
to form an opinion and draw their own conclusions about its potential
exploitations.
The book begins with a chapter on the topic of decentralized networks,
which familiarizes readers with their challenges by using the example of
an online trading platform. Hereinafter, it is then detailed what
blockchain technology is, where it comes from, and how it works. The
necessary underlying technologies are explained, and various individual
approaches as well as their composition are presented. Using well-known
examples such as Bitcoin and Ethereum as an illustration, the book looks
at the architecture of blockchain technology and focuses on the
challenges such as security and scalability. The options available when
introducing blockchain technology are also outlined, and best-practice
examples are presented to get a better idea of what areas benefit from
this technology.
Numerous examples and detailed explanations will accompany the readers
throughout the book. By the time they have reached the end, they will be
able to decide for themselves what is truly innovative about blockchain
technology and what is nothing more than hype.
