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You're reading from  Blockchain for Decision Makers

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Published inSep 2019
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ISBN-139781838552275
Edition1st Edition
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Blockchain
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Romain Tormen
Romain Tormen
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Romain Tormen

Romain Tormen is a senior consultant for PwC, a worldwide consulting firm. He has experienced digital transformation within several industries and different business units. Specialized in emerging technologies, he promotes to his clients the use of blockchain for better transaction security, transparency, disintermediation, and third-parties authentication. As a contributing writer for one of the most-read tech-oriented website hackernoon, Romain gives business insights and provides use-cases for a broad range of industries.
Read more about Romain Tormen

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The evolution of blockchains

First, it is important to underline that there are several generations of blockchain on the market. The Bitcoin blockchain is considered the first generation, a very secure and decentralized infrastructure, which is why more and more miners are joining the network, but with low performance in terms of processing transactions and weak upgradability; in other words, users cannot do much more with Bitcoin's blockchain than send Bitcoin. Ethereum is considered the second generation of blockchain because it implemented major improvements to the initial protocol such as smart contracts. The third and fourth generations of blockchain are mostly focused on increasing the number of transactions per second, as well as providing enterprises with a flexible and suitable infrastructure for their needs. Aergo, Quorum, and Hyperledger can be cited as examples...

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Blockchain for Decision Makers
Published in: Sep 2019Publisher: ISBN-13: 9781838552275
© 2019 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Romain Tormen

Romain Tormen is a senior consultant for PwC, a worldwide consulting firm. He has experienced digital transformation within several industries and different business units. Specialized in emerging technologies, he promotes to his clients the use of blockchain for better transaction security, transparency, disintermediation, and third-parties authentication. As a contributing writer for one of the most-read tech-oriented website hackernoon, Romain gives business insights and provides use-cases for a broad range of industries.
Read more about Romain Tormen

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