Blockchain Algorithms Smartcontracts Applications

This book covers several important topics on current blockchain algorithms. The focus of this book is to provide an overview to the common reader - about three things: 1) Blockchain algorithms 2) Smart contracts and 3) Decentralized applications. The reader of this book should be aware of the key happenings in the cryptocurrency space. The book starts with a discussion of algorithms in the blockchain namely the validation algorithm, and the Merkle-tree algorithm, Elliptic curve cryptography algorithm, Zero-knowledge proof algorithm - which form the foundational structure for any blockchain. Further to the discussion of algorithms the book discusses smart contract platforms and decentralized applications which use these smart contracts. Important illustrations of the decentralized applications include the Ethereum naming service, the Bitcoin Lightning network, Constantinople and St.Petersburg updates of the Ethereum smart contract platform. We also discuss the hyperledger platform and its importance in developing several enterprise grade applications. Then we introduce the authors to recent developments in decentralized applications such as the DutchX protocol, the Etherisc protocol, central bank digital currencies and the Cosmos blockchain network.

Blockchain is emerging as a powerful technology, which has attracted the wider attention of all businesses across the globe. In addition to financial businesses, IT companies and business organizations are keenly analyzing and adapting this technology for improving business processes. Security is the primary enterprise application. There are other crucial applications that include creating decentralized applications and smart contracts, which are being touted as the key differentiator of this pioneering technology. The power of any technology lies in its ecosystem. Product and tool vendors are building and releasing a variety of versatile and robust toolsets and platforms in order to speed up and simplify blockchain application development, deployment and management. There are other infrastructure-related advancements in order to streamline blockchain adoption. Cloud computing, big data analytics, machine and deep learning algorithm, and connected and embedded devices all are driving blockchain application development and deployment. Blockchain Technology and Applications illustrates how blockchain is being sustained through a host of platforms, programming languages, and enabling tools. It examines: Data confidential, integrity, and authentication Distributed consensus protocols and algorithms Blockchain systems design criteria and systems interoperability and scalability Integration with other technologies including cloud and big data It also details how blockchain is being blended with cloud computing, big data analytics and IoT across all industry verticals. The book gives readers insight into how this path-breaking technology can be a value addition in several business domains ranging from healthcare, financial services, government, supply chain and retail.

As we enter the Industrial Revolution 4.0, demands for an increasing degree of trust and privacy protection continue to be voiced. The development of blockchain technology is very important because it can help frictionless and transparent financial transactions and improve the business experience, which in turn has far-reaching effects for economic, psychological, educational and organizational improvements in the way we work, teach, learn and care for ourselves and each other. Blockchain is an eccentric technology, but at the same time, the least understood and most disruptive technology of the day. This book covers the latest technologies of cryptocurrencies and blockchain technology and their applications. This book discusses the blockchain and cryptocurrencies related issues and also explains how to provide the security differently through an algorithm, framework, approaches, techniques and mechanisms. A comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organization and industry as a whole and how to integrate blockchain technology into your business strategy. In addition, the book explores the blockchain and its with other technologies like Internet of Things, big data and artificial intelligence, etc.

This book is an in-depth exploration of blockchain and smart contracts technologies, systematically addressing their theoretical foundations while highlighting concrete applications in several key sectors. It begins by defining the fundamentals of blockchain and smart contracts, then ventures into the legal domain, analyzing the implications of automated contracts from both backend and frontend perspectives. A particular focus is placed on a sustainable design for cryptocurrencies, anticipating the principles and expectations of the future. The book then provides a detailed taxonomy of blockchain's financial applications, while also examining its role in managing scientific workflows. The fascinating world of NFTs is also explored, from the tokenization of fine arts to innovative event ticketing systems. The convergence between ontologies and blockchain technology is then highlighted, followed by an in-depth assessment of the implications of this technology in the telecommunications sector, including a SWOT analysis of next-generation cellular networks. Written by academic researchers and industry experts, this book offers a complete and nuanced perspective on the transformational potential of blockchain. Provides an overview of blockchain/smart-contract based applications while including NFTs and telecommunications applications; Presents a detailed taxonomy of blockchain's financial applications; Features fundamentals of blockchain and smart-contracts that include principles, theories, protocols, architectures; Includes chapters written by academic and industrial researchers.

This book focuses on using artificial intelligence (AI) to improve blockchain ecosystems. Gathering the latest advances resulting from AI in blockchain data analytics, it also presents big data research on blockchain systems. Despite blockchain's merits of decentralisation, immutability, non-repudiation and traceability, the development of blockchain technology has faced a number of challenges, such as the difficulty of data analytics on encrypted blockchain data, poor scalability, software vulnerabilities, and the scarcity of appropriate incentive mechanisms. Combining AI with blockchain has the potential to overcome the limitations, and machine learning-based approaches may help to analyse blockchain data and to identify misbehaviours in blockchain. In addition, deep reinforcement learning methods can be used to improve the reliability of blockchain systems. This book focuses in the use of AI to improve blockchain systems and promote blockchain intelligence. It describes data extraction, exploration and analytics on representative blockchain systems such as Bitcoin and Ethereum. It also includes data analytics on smart contracts, misbehaviour detection on blockchain data, and market analysis of blockchain-based cryptocurrencies. As such, this book provides researchers and practitioners alike with valuable insights into big data analysis of blockchain data, AI-enabled blockchain systems, and applications driven by blockchain intelligence.

Blockchain technology has been penetrating every aspect of Information and Communications Technology (ICT), and its use has been growing rapidly in recent years. The interest and development of this technology has primarily been driven by the enormous value growth of cryptocurrencies and large investments of venture capital in blockchain start-ups. Blockchain for Smart Systems: Computing Technologies and Applications is intended to clarify and define, in simple terms, the technology behind blockchain. It provides a deep dive into the core fundamentals of blockchain: hashing algorithm behind each block, distributed technology, smart contracts, and private vs. public blockchain. Features Discusses fundamental theories of practical and sophisticated applications of blockchain technology Includes case studies Discusses the concepts with illustrations, appropriate figures, tables, and simple language This book is primarily aimed at undergraduates, graduates, research scholars, academicians, and industry and technology enthusiasts working in various aspects of blockchain technology.

This book discusses the various open issues of blockchain technology, such as the efficiency of blockchain in different domains of digital cryptocurrency, smart contracts, smart education system, smart cities, cloud identity and access, safeguard to cybersecurity and health care. For the first time in human history, people across the world can trust each other and transact over a large peer-to-peer networks without any central authority. This proves that, trust can be built not only by centralized institution but also by protocols and cryptographic mechanisms. The potential and collaboration between organizations and individuals within peer networks make it possible to potentially move to a global collaborative network without centralization. Blockchain is a complex social, economic and technological phenomenon. This questions what the established terminologies of the modern world like currency, trust, economics and exchange would mean. To make any sense, one needs to realize how much insightful and potential it is in the context and the way it is technically developed. Due to rapid changes in accessing the documents through online transactions and transferring the currency online, many previously used methods are proving insufficient and not secure to solve the problem which arises in the safe and hassle-free transaction. Nowadays, the world changes rapidly, and a transition flow is also seen in Business Process Management (BPM). The traditional Business Process Management holds good establishment last one to two decades, but, the internal workflow confined in a single organization. They do not manage the workflow process and information across organizations. If they do so, again fall in the same trap as the control transfers to the third party that is centralized server and it leads to tampering the data, and single point of failure. To address these issues, this book highlights a number of unique problems and effective solutions that reflects the state-of-the art in blockchain Technology. This book explores new experiments and yields promising solutions to the current challenges of blockchain technology. This book is intended for the researchers, academicians, faculties, scientists, blockchain specialists, business management and software industry professionals who will find it beneficial for their research work and set new ideas in the field of blockchain. This book caters research work in many fields of blockchain engineering, and it provides an in-depth knowledge of the fields covered.

Blockchain is a technology that has attracted the attention of all types of businesses. Cryptocurrency such as Bitcoin has gained the most attention, but now companies are applying Blockchain technology to develop solutions improving traditional applications and securing all types of transactions. Robust and innovative, this technology is being combined with other well-known technologies including Cloud Computing, Big Data, and IoT to revolutionize outcomes in all verticals. Unlike books focused on financial applications, Essential Enterprise Blockchain Concepts and Applications is for researchers and practitioners who are looking for secure, viable, low-cost, and workable applications to solve a broad range of business problems. The book presents research that rethinks how to incorporate Blockchain with existing technology. Chapters cover various applications based on Blockchain technology including: Digital voting Smart contracts Supply chain management Internet security Logistics management Identity management Securing medical devices Asset management Blockchain plays a significant role in providing security for data operations. It defines how trusted transactions can be carried out and addresses Internet vulnerability problems. Blockchain solves the security fault line between AI and IoT in smart systems as well as in other systems using devices connected to each other through public networks. Linear and permanent indexed records are maintained by Blockchain to face the vulnerability issues in a wide variety applications. In addition to applications, the book also covers consensus algorithms and protocols and performance of Blockchain algorithms.