Blockchain for Business

1 Cover

2 Title Page

3 Copyright

4 Preface

5 1 Introduction to Blockchain 1.1 Introduction 1.2 The Privacy Challenges of Blockchain 1.3 De-Anonymization 1.4 Transaction Pattern Exposure 1.5 Methodology: Identity Privacy Preservation 1.6 Decentralization Challenges Exist in Blockchain 1.7 Conclusion 1.8 Regulatory Challenges 1.9 Obstacles to Blockchain Regulation 1.10 The Current Regulatory Landscape 1.11 The Future of Blockchain Regulation 1.12 Business Model Challenges 1.13 Utility Token Model 1.14 Blockchain as a Service 1.15 Securities 1.16 Development Platforms 1.17 Scandals and Public Perceptions References

6 2 The Scope for Blockchain Ecosystem 2.1 Introduction 2.2 Blockchain as Game Changer for Environment 2.3 Blockchain in Business Ecosystem 2.4 Is Blockchain Business Ecosystem Profitable? 2.5 How Do You “Design” a Business Ecosystem? 2.6 Redesigning Future With Blockchain 2.7 Challenges and Opportunities References

7 3 Business Use Cases of Blockchain Technology 3.1 Introduction to Cryptocurrency 3.2 What is a Bitcoin? 3.3 Bitcoin ICO 3.4 Advantages and Disadvantages of ICO 3.5 Merchant Acceptance of Bitcoin References

8 4 Ethereum 4.1 Introduction 4.2 Basic Features of Ethereum 4.3 Difference between Bitcoin and Ethereum 4.4 EVM (Ethereum Virtual Machine) 4.5 Gas 4.6 Applications Built on the Basis of Ethereum 4.7 ETH 4.8 Smart Contracts 4.9 DApp (Decentralized Application or Smart Contract) 4.10 Conclusion References

9 5 E-Wallet 5.1 Overview of Wallet Technology 5.2 Types of Wallet 5.3 Security of Bitcoin Wallets 5.4 Workings of Wallet Technology 5.5 Create HD Wallet From Seed 5.6 Navigating HD Wallet 5.7 Conclusion References

10 6 Blockchain and Governance: Theory, Applications and Challenges 6.1 Introduction 6.2 Governance: Centralized vs Decentralized 6.3 Blockchain’s Features Supportive of Decentralization 6.4 Noteworthy Application Areas for Blockchain-Based Governance 6.5 Scopes and Challenges 6.6 Conclusion References

11 7 Blockchain-Based Identity Management 7.1 Introduction 7.2 Existing Identity Management Systems and Their Challenges 7.3 Concept of Decentralized Identifiers 7.4 The Workflow of Blockchain Identity Management Systems 7.5 How Does it Contribute to Data Security? 7.6 Trending Blockchain Identity Management Projects 7.7 Why and How of Revocation 7.8 Points to Ponder 7.9 Conclusion References

12 8 Blockchain & IoT: A Paradigm Shift for Supply Chain Management 8.1 Introduction 8.2 Supply Chain Management 8.3 Blockchain and IoT 8.4 Blockchain Technology and IoT Use Cases in Supply Chain Management 8.5 Benefits and Challenges in Blockchain-Based Supply Chain Management 8.6 Conclusion References

13 9 Blockchain-Enabled Supply Chain Management System 9.1 Introduction 9.2 Blockchain Technology 9.3 Blockchain Technology in Supply Chain Management 9.4 Elements of Blockchain That Affects Supply Chain 9.5 Challenges in Implementation of Blockchain-Enabled Supply Chain 9.6 Conclusion References

14 10 Security Concerns of Blockchain 10.1 Introduction: Security Concerns of Blockchain 10.2 Cryptocurrencies Scenarios 10.3 Privacy Challenges of Blockchain 10.4 Decentralization in Blockchain 10.5 Legal and Regulatory Issues in Blockchain 10.6 Smart Contracts 10.7 Scandals of Blockchain 10.8 Is Blockchain the Rise of Trustless Trust? 10.9 Blockchain Model Challenges References

15 11 Acceptance and Adoption of Blockchain Technology: An Examination of the Security & Privacy Challenges 11.1 Introduction 11.2 Security Issues of Blockchain 11.3 Privacy Challenges of Bitcoin 11.4 Blockchain Application-Based Solutions 11.5 Conclusion and Future Work References

16 12 Deficiencies in Blockchain Technology and Potential Augmentation in Cyber Security 12.1 Introduction 12.2 Security Issues in Blockchain Technology 12.3 Privacy Challenges 12.4 Decentralization Challenges 12.5 Regulatory Challenges 12.6 Business Model Challenges 12.7 Scandals and Public Perception 12.8 Why Blockchain is Trustless 12.9 Use of Blockchain in Cybersecurity References

17 13 Internet of Things and Blockchain 13.1 History of ‘Internet of Things’ 13.2 IoT Devices 13.3 Sensors and Actuators 13.4 Cloud and Haze-Based Engineering 13.5 Blockchain and IoT 13.6 Edge Computing 13.7 Contextual Analyses 13.8 Fate of Blockchain and IoT References

18 14 Blockchain Applications 14.1 Introduction to Blockchain 14.2 Blockchain in Big Data Predictive Task Automation 14.3 Digital Identity Verification 14.4 Blockchain Government 14.5 Blockchain Science 14.6 Blockchain Health 14.7 Blockchain Learning References

19 15 Advance Concepts of Blockchain 15.1 Community Supercomputing 15.2 Blockchain Genomics 15.3 Blockchain Learning 15.4 Community Coin 15.5 Demurrage Currencies Reading List

20 Index

21 End User License Agreement

1 Chapter 1Table 1.1 A novel comparison among public, consortium, private blockchain.

2 Chapter 6Table 6.1 Some Blockchain solutions for managing governance.

3 Chapter 8Table 8.1 Supply Chain actors, current limitations faced and blockchain impact.

4 Chapter 9Table 9.1 Supply Chain actors, current limitations faced and blockchain impact.

5 Chapter 13Table 13.1 Difference between blockchain and IoT.

6 Chapter 15Table 15.1 Comparison of Monetary assets and Non-Monetary assets.

1 Chapter 1Figure 1.1 Demonstrating the pictorial impression of blockchain [2].Figure 1.2 The diagrammatic representation of the types of blockchain architectu...Figure 1.3 Figure states the types of blockchains in trend. Figure 1.4 The figure states the internal working paradigm of a blockchain.Figure 1.5 Basic architecture of mixing services [1].Figure 1.6 Different types of Networks in blockchain [5]. (a) Centralized. (b) D...Figure 1.7 Demonstrating the properties of the model [23].

2 Chapter 3 Figure 3.1 A chain of bitcoin transactions. Figure 3.2 Validating transactions [1].Figure 3.3 Timestamping block of transactions using hash.Figure 3.4 ICO process.Figure 3.5 Best performing currency of 2015 [9].

3 Chapter 4Figure 4.1 Transaction of block [Ref:https://masterthecrypto.com].Figure 4.2 Transaction for buying Ethernet [Ref:https://www.coingecko.com/en/coi...

4 Chapter 7Figure 7.1 Identity controlling factors, authentication, and authorization, dire...Figure 7.2 Pictorial representation of centralized, decentralized and distribute...Figure 7.3 Pictorial presentation of ‘key-data’ concept.Figure 7.4 Analytical view of blockchain identity management system. Ref: Self-S...Figure 7.5 Process of authorization in blockchain systems.Figure 7.6 Features of self-sovereign systems. Ref: consensys.net.Figure 7.7 Advantages of using blockchain systems. Ref: Blockchain Council.Figure 7.8 Process flow of blockchain identity management systems.Figure 7.9 Process of revocation in blockchain identity management systems. Ref:...Figure 7.10 Statistics of people lacking ID by region. Ref: ourworldindata.org.Figure 7.11 Advantages of blockchain identity management systems. Ref: nec.com.Figure 7.12 Traditional versus blockchain identity management systems. Ref: food...

5 Chapter 8Figure 8.1 The parties in a Supply Chain.Figure 8.2 The five drivers of a supply chain.Figure 8.3 Different network structures. Figure 8.4 The four key concepts of blockchain.

6 Chapter 9Figure 9.1 Sustainable supply chain management.Figure 9.2 Example of Applications of Blockchain.Figure 9.3 Transaction management in blockchain enabled supply chain.

7 Chapter 12Figure 12.1 Types of privacy protection.Figure 12.2 (a) Centralized and (b) decentralized systems represented by nodes a...Figure 12.3 The three aspects of decentralization.Figure 12.4 Steps of wait-and-see approach.Figure 12.5 Different features of sandboxing.Figure 12.6 Scandals related to Blockchain. Figure 12.7 The two different public perception on Blockchain.Figure 12.8 The different uses of Blockchain in Cybersecurity.