000			02818nam a22001697a 4500
020			_a9780996025584
082			_a332.0424 _bB147B
100			_aBahga, Arshdeep _925095
245			_aBlockchain applications _bA Hands-On Approach _cby Arshdeep Bahga and Vijay Madisetti
260			_aIndia _bArshdeep Bahga and Vijay Madisetti _c2018
300			_a380p., ill. _bPB
500			_aIn the US, the services sector provides employment to about 100 million, while the manufacturing sector provides employment to about 20 million. These sectors are highly automated, and driven by sophisticated business processes forming an integral part of the digital economy. While the applications themselves may be distributed over the Internet in time and space, the core business, regulatory, and financial aspects of the digital economy are still centralized, with the need for centralized agencies (such as banks, customs authorities, and tax agencies) to authenticate and settle payments and transactions. These centralized services often are manual, difficult to automate, and represent a bottleneck to facilitating a frictionless digital economy. The next revolutionary step in the services and manufacturing economy of the future is the development of automated distributed applications that do not depend on these traditional centralized agencies for controlling, facilitating and settling multi-party transactions that may themselves be subject to complex contractual constraints. The blockchain technology is an integral part of these next steps that promises a smart new world of automation of complex services and manufacturing processes. Blockchain is a distributed and public ledger which maintains records of all the transactions on a blockchain network comprising suppliers of products and services and consumers. With the blockchain's ability to establish trust in a peer-to-peer network through a distributed consensus mechanism rather than relying on a powerful centralized authority, the technology is being seen by the industry experts as one of the greatest innovations since the invention of the Internet. As per Santander, blockchain technologies can reduce annual costs for financial firms by $20b by streamlining processes and improving efficiency. In addition, investment and spending on blockchain technology is expected to increase at a compound annual growth rate (CAGR) of 52% through 2019. We have written this textbook, as part of our expanding "A Hands-On Approach"(TM) series, to serve as a textbook for senior-level and graduate-level courses on financial and regulation technologies, business analytics, Internet of Things, and cryptocurrency. -- page 4 of cover
650			_aBlockchains (Databases) _925096
650			_aCryptocurrencies _925097
700			_aMadisetti, Vijay _925098
942			_cTB
999			_c14486 _d14486