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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

IBM

When IBM joined the Hyperledger movement as a founding corporate member in 2016, it was already working on a blockchain framework that was integrated into the Hyperledger project and became the Fabric module. Original motivations for this initiative came from two observations made by the IBM team:

  • Bitcoin and Ethereum are barely scalable due to several drawbacks (an energy-consuming consensus protocol, a growing permissionless network, and an increasing database size).
  • Bitcoin and Ethereum do not support private transactions in their core model.

Since IBM spearheads most developments of Hyperledger Fabric by having contributed much of the code, it was expected that their solution called IBM Blockchain unveiled in March 2017 would make use of this specific module. This cloud-based solution enables developers to build robust and effective networks with improved security features...

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