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You're reading from  Security Tokens and Stablecoins Quick Start Guide

Product typeBook
Published inApr 2019
Reading LevelBeginner
PublisherPackt
ISBN-139781838551063
Edition1st Edition
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Authors (3):
Weimin Sun
Weimin Sun
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Weimin Sun

Weimin Sun has 20 years' of experience working in the financial industry. He has worked for top-tier investment and commercial banks such as J.P. Morgan, Bank of America, Citibank, and Morgan Stanley, where he also managed large teams for developing IT applications. Weimin has also held corporate titles such as executive director and senior VP in some of these firms. Weimin has in-depth knowledge of the blockchain technology, data science, data architecture, data modeling, and big data platforms. He holds Ph.D, M.B.A and M.Sc degrees. He has co-authored Blockchain Quick Start Guide and published several statistical journal papers.
Read more about Weimin Sun

Xun (Brian) Wu
Xun (Brian) Wu
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Xun (Brian) Wu

Xun (Brian) Wu is a senior blockchain architect and consultant. With over 20 years of hands-on experience across various technologies, including Blockchain, big data, cloud, AI, systems, and infrastructure, Brian has worked on more than 50 projects in his career. He has authored nine books, which have been published by O'Reilly, Packt, and Apress, focusing on popular fields within the Blockchain industry. The titles of his books include: Learn Ethereum (First Edition), Learn Ethereum (Second Edition), Blockchain for Teens, Hands-On Smart Contract Development with Hyperledger Fabric V2, Hyperledger Cookbook, Blockchain Quick Start Guide, Security Tokens and Stablecoins Quick Start Guide, Blockchain by Example, and Seven NoSQL Databases in a Week.
Read more about Xun (Brian) Wu

Angela Kwok
Angela Kwok
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Angela Kwok

Angela Kwok, is a lawyer, specializing in high-tech and blockchain start-ups and venture capital financing. She also focuses on general corporate and commercial matters, fund formation, cross-border and domestic investments, mergers and acquisitions, and related tax matters in the TMT industry. She has represented clients in blockchain-related cases.
Read more about Angela Kwok

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Summary

Blockchain is an emerging technology. Thanks to its immutability; transparency; and the consensus mechanism, along with other clever designs such as blocks chained with the hashes of the previous blocks, the technology allows untrusting parties to trade with each other. In this chapter, we explained the basic concepts of two popular public blockchain platforms—bitcoin and Ethereum. Most of the discussions were about bitcoin, which is the mother of the technology. We also talked about Ethereum in detail, which extended bitcoin and introduced the concept of smart contracts. The introduction of smart contracts makes the Ethereum platform generic and allows us to develop applications beyond bitcoin's cash payment use case. The concept of an enterprise blockchain, along with one of the examples, Hyperledger, was mentioned as well. In addition, we briefly touched on the evolution of blockchain to give readers an idea on trends in the blockchain industry.

In the next chapter, Chapter 2, STO – Security Token Offering, we will discuss the concepts of ICO and STO in detail.

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Security Tokens and Stablecoins Quick Start Guide
Published in: Apr 2019Publisher: PacktISBN-13: 9781838551063
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Authors (3)

author image
Weimin Sun

Weimin Sun has 20 years' of experience working in the financial industry. He has worked for top-tier investment and commercial banks such as J.P. Morgan, Bank of America, Citibank, and Morgan Stanley, where he also managed large teams for developing IT applications. Weimin has also held corporate titles such as executive director and senior VP in some of these firms. Weimin has in-depth knowledge of the blockchain technology, data science, data architecture, data modeling, and big data platforms. He holds Ph.D, M.B.A and M.Sc degrees. He has co-authored Blockchain Quick Start Guide and published several statistical journal papers.
Read more about Weimin Sun

author image
Xun (Brian) Wu

Xun (Brian) Wu is a senior blockchain architect and consultant. With over 20 years of hands-on experience across various technologies, including Blockchain, big data, cloud, AI, systems, and infrastructure, Brian has worked on more than 50 projects in his career. He has authored nine books, which have been published by O'Reilly, Packt, and Apress, focusing on popular fields within the Blockchain industry. The titles of his books include: Learn Ethereum (First Edition), Learn Ethereum (Second Edition), Blockchain for Teens, Hands-On Smart Contract Development with Hyperledger Fabric V2, Hyperledger Cookbook, Blockchain Quick Start Guide, Security Tokens and Stablecoins Quick Start Guide, Blockchain by Example, and Seven NoSQL Databases in a Week.
Read more about Xun (Brian) Wu

author image
Angela Kwok

Angela Kwok, is a lawyer, specializing in high-tech and blockchain start-ups and venture capital financing. She also focuses on general corporate and commercial matters, fund formation, cross-border and domestic investments, mergers and acquisitions, and related tax matters in the TMT industry. She has represented clients in blockchain-related cases.
Read more about Angela Kwok