Packt+ | Advance your knowledge in tech

All Products

Best Sellers

New Releases

Books

Videos

Audiobooks

Free Learning

Blockchain for Enterprise

You're reading from Blockchain for Enterprise

Product type Book

Published in Sep 2018

Publisher Packt

ISBN-13 9781788479745

Pages 220 pages

Edition 1st Edition

Languages

Concepts

Author (1):

Narayan Prusty

Table of Contents (14) Chapters

Title Page

Packt Upsell

Contributors

Preface

1. What are Decentralized Applications?

2. Building Blockchain Using Quorum

3. Writing Smart Contracts

4. Getting Started with web3.js

5. Building Interoperable Blockchains

6. Building Quorum as a Service Platform

7. Building a DApp for Digitizing Medical Records

8. Building a Payment Solution for Banks

1. Other Books You May Enjoy

Leave a review - let other readers know what you think

Index

Chapter 8. Building a Payment Solution for Banks

Today, there are lots of apps and services developed by banks and other FinTech companies that let us send and accept payments. But we don't have an app out there that makes sending and receiving money as easy as sending and receiving text messages. Although Bitcoin and other cryptocoins make it really easy to send and receive payments around the world, they cannot be mainstream now because of volatility and regulatory issues. In this chapter, we will build a P2P payment system that makes it very easy to send and receive InterBank payments and also makes clearance and settlement between banks near real-time and simple. While building the solution, we will also learn of various banking and finance concepts.

In this chapter, we'll learn the following:

How clearance and settlement between banks is done for domestic and international InterBank electronic transfers
How the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system...

The rest of the chapter is locked

Register for a free Packt account to unlock a world of extra content!

A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.

Unlock this book and the full library FREE for 7 days

Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of

Start free trial

Renews at $15.99/month. Cancel anytime}

Authors (1)

Narayan Prusty

Narayan Prusty is a full-stack developer. He works as a consultant for various start-ups around the world. He has worked on various technologies and programming languages but is very passionate about JavaScript, WordPress, Ethereum, Solr, React, Cordova, MongoDB, and AWS. Apart from consulting for various start-ups, he also runs a blog titled QNimate and a video tutorial site titled QScutter, where he shares information about a lot of the technologies he works on.

See other products by Narayan Prusty

Other recommended products

Related to this chapter

Building Blockchain Projects

Building Blockchain Projects

This is a project-based guide to teach you what Blockchain is, how it maintains data integrity, and how to create real-world Blockchain projects using Ethereum. With interesting real-world projects, you will know about bitcoin, generating smart and secure contracts with Ethereum, building end-to-end applications for Blockchain.

Apr 2017 8 hours 52 minutes

Solidity Programming Essentials

Solidity Programming Essentials

Solidity is a new contract-oriented programming language popular for creating smart contracts and distributed applications. Writing smart contracts targeting Ethereum and other blockchain platforms is an emerging skill. This book will enable you to write robust, secure, object-oriented contracts that extend blockchain with business functionality.

Apr 2018 7 hours 24 minutes

Ethereum Cookbook

Ethereum Cookbook

Ethereum is an open-source, public, Blockchain-based distributed computing platform, and operating system featuring smart contract functionality which builds decentralized applications. If you want to get started with Ethereum and Solidity or you are among the many developers already working with this platform, this book is your one-stop guide.

Aug 2018 13 hours 28 minutes

Mastering Blockchain Programming with Solidity

Mastering Blockchain Programming with Solidity

With this book, you will learn to write production-ready smart contracts for the Ethereum blockchain. Finally, with the help of comprehensive examples, you will learn how to add security to smart contracts and then delve into the various security considerations that must be paid attention to.

Aug 2019 16 hours 12 minutes

Learn Ethereum is ideal for anyone who wants to do an ultra-learning on Ethereum blockchain technology and build end-to-end decentralized applications using smart contract and Ethereum. The hands-on examples will help novices master blockchain and Ethereum in a quick, effective and easy way.

Sep 2019 18 hours 0 minutes

Foundations of Blockchain

Foundations of Blockchain

Blockchain technology is a combination of three popular concepts: cryptography, peer-to-peer networking, and game theory. This book is for anyone who wants to dive into blockchain from first principles and learn how decentralized applications and cryptocurrencies really work. Learn blockchain from first concepts to algorithms explained in Python.

Jan 2019 12 hours 24 minutes

Introduction to Blockchain and Ethereum

Introduction to Blockchain and Ethereum

Blockchain applications provide a single-shared ledger to eliminate trust issues involving multiple stakeholders. With the help of Introduction to Blockchain and Ethereum, you'll learn how to create distributed Blockchain applications which do not depend on a central server or datacenter. The course begins by explaining Bitcoin, Altcoins, and Ethereum, followed by taking you through distributed programming using the Solidity language on the Ethereum Blockchain. By the end of this course, you'll be able to write, compile, and deploy your own smart contracts to the Ethereum Blockchain.

Sep 2018 3 hours 24 minutes

Blockchain Quick Start Guide

Blockchain Quick Start Guide

Blockchain technology is giving birth to new business models, inspiring communities to build economies on a decentralized network. This book will be your practical guide to get you up and running with concepts of building your very own Blockchain network. You will get a thorough understanding of how a decentralized network is built and deployed.

Dec 2018 7 hours 24 minutes

Hands-On Blockchain for Python Developers

Hands-On Blockchain for Python Developers

This book is for Python developers to implement various components of end-to-end decentralized applications such as cryptocurrencies, smart contracts, wallet and more. You will use the example-based approach using various libraries from Python ecosystem to build efficient and powerful blockchain applications at work or projects.

Feb 2019 15 hours 0 minutes

Ethereum Smart Contract Development

Ethereum Smart Contract Development

Ethereum is a public, blockchain-based distributed computing platform featuring smart contract functionality. In this book, you’ll learn about Ethereum and Smart Contracts, and we cover the Ethereum virtual machine (EVM) in detail. Then, you’ll get acquainted with DApps and DAOs and they how work. At the end of this book, we discuss Blockchain-as-a-Service, the dark web marketplace, and various advanced topics so you can get well-versed with the blockchain principles and the ecosystem.

Feb 2018 9 hours 36 minutes

Blockchain Development for Finance Projects

Blockchain Development for Finance Projects

Blockchain technology will play a disruptive role in the banking and finance sector in the future. Experts estimate that it will save up to 20 billion dollars annually. You will build full-fledged financial applications using blockchain. It will aid you in building more secure and transparent workflows and re-engineering your business processes.

Jan 2020 17 hours 40 minutes

Blockchain By Example

Blockchain By Example

This book covers all the relevant concepts and phases of the blockchain development cycle. It will walk you through a step-by-step process to build three blockchain projects with differing complexity levels and hurdles. By the end of this book, you will be ready to tackle common issues in the blockchain ecosystem.

Nov 2018 17 hours 36 minutes

Personalised recommendations for you

Based on your interests and search pattern

Ever wonder why speech recognition systems don't understand the Scottish accent, or what would happen if an astronaut only ate mac 'n' cheese, or other spurious reflections you'd have at a bar? We did, then collated those deliberations into absurd research articles with fake figures and methodologies inspired by even more fictionally absurd studies.

Aug 2023 7 hours 40 minutes

Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

Dec 2023 12 hours 0 minutes

Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

Dec 2023 12 hours 0 minutes

Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

Dec 2023 12 hours 0 minutes

Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

Dec 2023 12 hours 0 minutes

Mastering Tableau 2023

Mastering Tableau 2023

This book is a comprehensive resource to mastering your Tableau skills and becoming a BI expert. As you progress, you will learn how to build advanced dashboards and improve your storytelling to derive key business insight, as well as make you well-versed with advanced functionalities of Tableau in the business intelligence domain.

Aug 2023 22 hours 48 minutes

Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

Sep 2023 8 hours 36 minutes

Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

Sep 2023 8 hours 36 minutes

Data Engineering with AWS

Data Engineering with AWS

Embark on a journey to master data engineering pipelines on AWS! Our book offers a hands-on experience of AWS services for ingesting, transforming, and consuming data. Whether you're an absolute beginner or someone with basic data engineering experience, this guide is an indispensable resource.

Oct 2023 21 hours 12 minutes

Modern Data Architecture on AWS

Modern Data Architecture on AWS

Every organization wants an agile, performant, and cost-effective data platform that meets all their current and future business needs. Purpose-built AWS analytics services and their features play a big part in building such a modern data platform. This book brings to you all the design and architectural patterns that’ll help you achieve this goal.

Aug 2023 14 hours 0 minutes

Practical Guide to Applied Conformal Prediction in Python

Practical Guide to Applied Conformal Prediction in Python

Discover the power of Conformal Prediction with the "Practical Guide to Applied Conformal Prediction in Python." Master the latest techniques to quantify uncertainty in machine learning and computer vision models, and seamlessly apply them to your industry applications.

Dec 2023 8 hours 0 minutes

TinyML Cookbook

TinyML Cookbook

With over 70 project-based recipes, the TinyML Cookbook is a practical guide that will help you to get the most out of your microcontrollers. It provides a comprehensive understanding of the theoretical foundations while giving you hands-on experience training ML models for deployment on Arduino Nano 33 BLE Sense, Raspberry Pi Pico, and SparkFun RedBoard Artemis Nano microcontrollers.

Nov 2023 22 hours 8 minutes