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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 1. Basics of Blockchains and the Illustration of Village Beta 2. A Technical Dive into Blockchain 3. Ethereum and Smart Contracts 4. ICOs and Tokenized Fundraising Methods 5. An Economic and Historical Approach of Blockchain 6. Blockchain Legality, Compliance, and Regulation 7. Blockchain for the Business World and Achievements 8. Future Outlook for Blockchain 9. Infrastructures and Cloud-Based Solutions 10. Defining Your Needs 1. Other Books You May Enjoy

Real-world applications

Ethereum has proven its usefulness several times in the past few years through successful applications, and has already disrupted some business models. One of the most interesting ones is slock.it (https://slock.it/). This is an application founded by Stephan Tual and the Jentzsch brothers in 2015, aiming to create an infrastructure for a better sharing economy.

Using Ethereum's blockchain, slock.it is willing to link any kind of physical object to a smart contract to allow anybody to use the object. An example often used by the founders is the renting of a flat. With slock.it, you can link your door lock to a smart contract, enabling someone who wants to rent your flat to pay the price linked to the smart contract, which will automatically unlock the door. This setup eliminates a trusted third party that you would usually have to...

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