Fundamentals of Blockchain

Blockchain, which started to emerge in 2016 and 2017 as a real-world tech option, is poised to alter IT in much the same way open source software did a quarter of a century ago. And just as Linux took more than a decade to become a cornerstone in modern application development, it is likely that Blockchain will take years to become a lower cost, more efficient way of sharing information and data between open and private business networks. Blockchain is a distributed ledger technology (DLT) based on a peer-to-peer (P2P) topology that allows data to be stored globally on thousands of people. That makes it hard for one user to gain control of the network or game. As well as a cryptocurrency wallet and a cryptocurrency exchange supporting Bitcoin, Bitcoin Cash, and Ethereum, Blockchain is a cryptocurrency blockchain explorer service. They also provide charts, stats, and market information for Bitcoin data.This book bridges the gap between purely technical and purely business-focused books on the blockchain. It does so by clarifying both the technical concepts that make up the blockchain and their role in applications that are relevant to business. Blockchains can be used to perform all the same transactions that any other system would allow, but the blockchain has the added benefit of being faster, more reliable, more open, more secure, and less costly to administer than typical options. Individuals would once have to manage records of their transactions and interactions manually, and build up their own network of trust.What You Will Learn What is a blockchain? Why it is required and what issue it solves. Why is the blockchain and its potential so exciting? Major elements and their aims How different components of the blockchain operate and interact Restrictions, why they exist, and what has been done to overcome them. Major application scenariosTable of Content :Chpater-1: Introduction of BlockchainChapter-2: Role of Blockchain in Improvement of Supply ChainsChapter-3: Effect of Blockchain in the Supply Chain IndustryChapter-4: Concept of Blockchain in Food Supply ChainChapter-5: Role of Blockchain in the Pharmaceutical Supply ChainChapter-6: Role of Blockchain in LogisticsChapter-7:Drivers of Supply Chain ManagementI do hope that the text book in the present form will meet the requirement of the students doing graduation in Electronics & Communication Engineering, Mechanical Engineering, Electronics & Instrumentation Engineering and Electrical & Electronics Engineering, Information Technology, Computer Science & Engineering and Master of Computer Applications. I shall appreciate any suggestions from students and faculty members alike so that I can strive to make the text book more useful in the edition to come.