The Science of the Blockchain

Various concepts and protocols exist, each with its own advantages and disadvantages. This book introduces the basic techniques when building fault-tolerant distributed systems, in a scientific way.

The Science of the Blockchain

FinTech developers and managers understand that the blockchain has the potential to disrupt the financial world. The blockchain allows the participants of a distributed system to agree on a common view of the system, to track changes in the system, in a reliable way. In the distributed systems community, agreement techniques have been known long before cryptocurrencies such as Bitcoin (where the term blockchain is borrowed) emerged. Various concepts and protocols exist, each with its own advantages and disadvantages. This book introduces the basic techniques when building fault-tolerant distributed systems, in a scientific way. We will present different protocols and algorithms that allow for fault-tolerant operation, and we will discuss practical systems that implement these techniques.

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The Science of the Blockchain
Language: en
Pages: 124
Authors: Roger Wattenhofer
Categories:
Type: BOOK - Published: 2016-01-27 - Publisher: Createspace Independent Publishing Platform

FinTech developers and managers understand that the blockchain has the potential to disrupt the financial world. The blockchain allows the participants of a distributed system to agree on a common view of the system, to track changes in the system, in a reliable way. In the distributed systems community, agreement
The Science and Secrets of Blockchain Technolog
Language: en
Pages: 173
Authors: Dr. A C Sountharraj
Categories: Education
Type: BOOK - Published: - Publisher: Sankalp Publication

This book examines blockchain technology in depth and explains how consumers might benefit from it. Blockchain has contained both a social promise and new technology since its inception. Blockchains, which were first presented as a solution for Bitcoin's cryptocurrency record-keeping system, are currently utilized to store records for a wide
Cross-Industry Use of Blockchain Technology and Opportunities for the Future
Language: en
Pages: 228
Authors: Williams, Idongesit
Categories: Computers
Type: BOOK - Published: 2020-05-22 - Publisher: IGI Global

Blockchain is a technology that transcends cryptocurrencies. There are other services in different sectors of the economy that can benefit from the trust and security that blockchains offer. For example, financial institutions are using blockchains for international money transfer, and in logistics, it has been used for supply chain management
Distributed Ledger Technology
Language: en
Pages: 170
Authors: Roger Wattenhofer
Categories: Computers
Type: BOOK - Published: 2017-03-06 - Publisher: Createspace Independent Publishing Platform

FinTech developers and managers understand that the blockchain has the potential to disrupt the financial world. Distributed ledger technology allows the participants of a distributed system to agree on a common view of the system, to track changes in the system, in a reliable way. In the distributed systems community,
Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector
Language: en
Pages: 400
Authors: Mahmood, Zaigham
Categories: Computers
Type: BOOK - Published: 2021-03-18 - Publisher: IGI Global

Blockchain technology presents numerous advantages that include increased transparency, reduced transaction costs, faster transaction settlement, automation of information, increased traceability, improved customer experience, improved digital identity, better cyber security, and user-controlled networks. These potential applications are widespread and diverse including funds transfer, smart contracts, e-voting, efficient supply chain, and more