Fundamentals of Blockchain - PDF Ebook

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Learn About Blockchain | Easy to Read, Illustrated Ebook Explains Everything You Need To Know

This book will help you to understand the concept of blockchain, and the applications it has today, and potentially into the future.

Blockchain differs to other computer technologies by breaking down information into small packages and separating each package securely from all of the other packages in the system. In a normal computer system, you any number of files can be connected within a system, and once you have entered that system, you can access any of those files. In a blockchain system, each of those files can be thought of as a separate block or package of information with a lock on it. To access each block of information, you need to navigate through a security mechanism that sits between each block.

Blockchain technology has been applied in finance to create and manage crypto currency, but it has a lot more applications than just finance. Among other things, it has massive potential for cybersecurity, and is being applied to development of the third-generation internet.

Blockchain is fundamentally a simple concept, but it’s applications can be diverse and exceedingly complex. This book is designed to make the topic accessible to all and provide a foundation for managing the technological applications and go further in learning more about the subject.

Book Contents

CHAPTER 1 INTRODUCTION TO BLOCKCHAIN
Emergence of Blockchain
Conceptualising the Blockchain: A Method of Information Transfer
Why Use the Blockchain?
Preventing Malicious Access

CHAPTER 2 BACKGROUND TO BLOCKCHAIN
Cryptography
1) Symmetric (Secret Key) Cryptography
2) Asymmetric (Public Key)
3) Hash
Using Cryptography In Blockchain
What Is Blockchain?

CHAPTER 3 HOW BLOCKCHAIN WORKS
Anatomy of the Blockchain
Satoshi Nakamoto & the Double Spend Problem
The Role of Bitcoin In the Blockchain
Governance
51% Attacks
Centralised Vs. Decentralised
Centralised Vs Decentralised Databases In Use
Distributed Ledgers
The Consensus Protocol
Proof of Work
Proof of Stake
Proof of Burn
Proof of Capacity
Proof of Activity
Proof of Elapsed Time
Forking
Centralised & Decentralised Systems: A Health Care Example
Blockchain Nodes

CHAPTER 4 TYPES OF BLOCKCHAIN
Permissionless and Permissioned Blockchains
Public
Example of Permissionless Blockchain Use
Private
Example of Permissioned Blockchain Use
Hybrid
Consortium (Federated)
What Problems Does Blockchain Technology Solve?
Services For Unbanked People
Problems With Blockchain and Financial Inclusion

CHAPTER 5 PRIVACY & SECURITY
The Blockchain and Privacy
Spending Patterns
Transactional Transparency
Advertising & Monetisation of Data
Ai & Machine Learning Modelling
Security Issues

CHAPTER 6 WHAT ARE THE APPLICATIONS?
Intellectual Property Rights
Commodity Trading
Data Management
Identity Management/Authentication
Reputation Verification/Ranking
Electronic Voting
Employment Services/Job Market
Social Networking
Ride Sharing
Web 3.0
Cryptocurrencies
Non-Fungible Token’s
Internet of Things
Glossary

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