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Blockchain for Decision Makers

You're reading from  Blockchain for Decision Makers

Product type Book
Published in Sep 2019
Publisher
ISBN-13 9781838552275
Pages 184 pages
Edition 1st Edition
Languages
Concepts
Author (1):
Romain Tormen Romain Tormen
Profile icon Romain Tormen

Table of Contents (16) Chapters

Title Page
Copyright and Credits About Packt Contributors Preface Basics of Blockchains and the Illustration of Village Beta A Technical Dive into Blockchain Ethereum and Smart Contracts ICOs and Tokenized Fundraising Methods An Economic and Historical Approach of Blockchain Blockchain Legality, Compliance, and Regulation Blockchain for the Business World and Achievements Future Outlook for Blockchain Infrastructures and Cloud-Based Solutions Defining Your Needs Other Books You May Enjoy

How much does a blockchain cost?

You probably won't be surprised if I tell you that the price of a blockchain project varies a lot. Depending on what you are willing to achieve, the use of a certain infrastructure over another will range the investments from small to large. For example, the cost of authenticating official documents through a public blockchain will mostly comprise the transaction fees levied by the network to process the transactions, which is not a very expensive blockchain application. Using a public blockchain is sometimes the cheapest solution if we wish to benefit from an already existing infrastructure. Besides the transaction fees, the costs will mostly rely on developing the application on top of it and focusing on user experience.

On the other hand, if you are building an entire network from scratch, like Facebook is doing with their Libra Project...

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