Blockchain Basics

In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used.No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors.This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications.What You Will Learn:What the blockchain is Why it is needed and what problem it solves Why there is so much excitement about the blockchain and its potential Major components and their purpose How components work and interact Limitations, why they exist, and what has been done to overcome them Major application scenarios Who This Book Is For: The primary readership is professionals of the financial industry, including team leaders, project managers, business analysts, consultants, bankers, brokers, interbank dealers, asset managers, traders, insurance brokers, custodians, policy makers, and regulators. The secondary readership is students of business, economics, and law.