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    Understanding Blockchain: Explore the Full Circle Effect Blockchain Technology Has on The World And Our Future Generations: Blockchain, #1
    Understanding Blockchain: Explore the Full Circle Effect Blockchain Technology Has on The World And Our Future Generations: Blockchain, #1
    Understanding Blockchain: Explore the Full Circle Effect Blockchain Technology Has on The World And Our Future Generations: Blockchain, #1
    Ebook73 pages1 hour

    Understanding Blockchain: Explore the Full Circle Effect Blockchain Technology Has on The World And Our Future Generations: Blockchain, #1

    By Richard Daniel

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    About this ebook

    Learn All You Need to Know About Blockchain and How It Is Going to Change Everything! 

    Researchers and technologists alike are talking about how Blockchain technology is the next big thing across industries from finance to retail to even healthcare. 

    Just to give you a brief Introduction to Blockchain: In it's simplest form, the Blockchain is just a public ledger where transactions are recorded and confirmed anonymously. A ledger is just a collection of financial records. This ledger is shared between many, many parties. 

    Blockchain Technology has the capabilities to do a lot of things, but that is the essence of it. Blockchain is the platform on which cryptocurrencies like Bitcoin, Ethereum, Litecoin etc. can exist. 

    It may seem simple (or not), but this technology will have world wide effects and implications on almost every industry, and has the potential to change everything. And that is exactly what we will discuss in this book. 

    Some of the Things You Will Learn About In This Book Include: 
     

    • The Grand Concept of Blockchain and How It Works
    • The Whole Blockchain Process - Simplified
    • The Impact of Blockchain on the Economy, Business, the Government etc.
    • Introduction to Cryptocurrencies
    • Cloud Usage of Blockchain
    • Ethereum, FinTech, and Smart Contracts
    • And Much More!

    • I highly encourage you to do yourself a favor, and learn more about the world of Blockchain technology and what it will do to our rapidly advancing technological society. Make sure you are well educated and prepared for what is coming!
    LanguageEnglish
    PublisherRichard Daniel
    Release dateMar 30, 2018
    ISBN9781386938774
    Understanding Blockchain: Explore the Full Circle Effect Blockchain Technology Has on The World And Our Future Generations: Blockchain, #1

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      Book preview

      Understanding Blockchain - Richard Daniel

      Understanding Blockchain

      Explore the Full-Circle Effect Blockchain Technology has on the World and our Future Generations

      By Richard Daniel

      Table of Contents

      CHAPTER ONE

      Introduction to Blockchain

      CHAPTER TWO

      The Blockchain Concept

      CHAPTER THREE

      How does blockchain works?

      The Underground Processes

      The Process Simplified

      CHAPTER FOUR

      The Blockchain and the Miner

      CHAPTER FIVE

      The Impact of Blockchain on the economy, business, the government and the entire world.

      Other Cryptocurrencies

      1. Litecoin

      2. Peercoin

      3. Namecoin

      4. primecoin

      5. Novacoin

      6. Feathercoin

      7. Zetacoin

      8. Stablecoin

      Impact on the Economy

      Solving the problem of IP in a digital age.

      Creating a better sharing economy

      Opening up manufacturing

      Changing enterprise collaboration

      Impacts on the government

      G2C

      G2G

      G2V

      Government in action ... or inaction?

      Impact on Business

      Blockchain and the Investment Management Industry

      Blockchain and Banking

      Blockchain and the Insurance Industry

      CHAPTER FIVE

      Blockchain – The key to the future

      What is changing?

      Implications

      CHAPTER SIX

      CLOUD USAGE OF BLOCKCHAIN

      Why Add Blockchain To The Cloud?

      Importance of Blockchain

      CHAPTER SEVEN

      Other Related Topics

      Bitcoin

      How are Bitcoin and blockchain different?

      How does the Bitcoin blockchain work?

      FinTech

      Performance of FinTech

      Users of Fintech

      Ethereum

      Uses of Ethereum

      Smart Contracts

      Conclusion

      GLOSSARY

      © Copyright 2017 By Richard Daniel All rights reserved.

      This document is geared towards providing exact and reliable information in regards to the topic and issue covered. The publication is sold with the idea that the publisher is not required to render accounting, officially permitted, or otherwise, qualified services. If advice is necessary, legal or professional, a practiced individual in the profession should be ordered.

      - From a Declaration of Principles which was accepted and approved equally by a Committee of the American Bar Association and a Committee of Publishers and Associations.

      In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or in printed format. The recording of this publication is strictly prohibited and any storage of this document is not allowed unless with written permission from the publisher. All rights reserved.

      The information provided herein is stated to be truthful and consistent, in that any liability, in terms of inattention or otherwise, by any use or abuse of any policies, processes, or directions contained within is the solitary and utter responsibility of the recipient reader. Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.

      Respective authors own all copyrights not held by the publisher.

      The information herein is offered for informational purposes solely, and is universal as so. The presentation of the information is without contract or any type of guarantee assurance.

      CHAPTER ONE

      Introduction to Blockchain

      Researchers and technologists alike are talking about how blockchain technology is the next big thing across industries from finance to retail to even healthcare.

      The Blockchain is a public ledger where transactions are recorded and confirmed anonymously. It’s a record of events that is shared between many parties. More importantly, once information is entered, it cannot be altered. So, if the blockchain is the public record, what is being recorded? What are all of these transactions?

      Cryptocurrencies, like Bitcoin, are currencies that exist solely in digital. There are no physical golden coins with a big B on them. Moreover, owning these non-real coins entails a new idea of ownership. You don’t literally have it in your hands, or even in your bank account, but you have the ability to transfer ownership to someone else simply by creating a record in the blockchain. Rather than using bills, your transfer is pure data.

      Where exactly is this chain located? Due to the open nature of cryptocurrencies, and the importance of the public having access to other blocks, the blockchain isn’t located on just one guy’s large computer. For example, the bitcoin blockchain is actually managed by distributed nodes. These nodes all have a copy of the entire blockchain. Nodes will forever come and go, synchronizing their own copies of the chain with those of other users. By distributing copies and access, the chain can’t simply go down, or disappear. It’s a decentralized system that is both sturdy and secure.

      There are many reasons why people are falling in love with cryptocurrencies: it’s

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