Blockchain and Cryptocurrency

by Hicham and Mohamed Ibnalkadi

If you are a management or business management student, you must have come across the terms blockchain and cryptography . But have you stopped to consider why businesses all over the world are going crazy about this technology? The simple answer is that no one wants to miss the bus, and every business is looking forward to gaining a lot from their use. It's the new frontier of opportunity for those familiar with the territory. Since blockchain is a decentralized ledger based on peer-to-peer networking, each peer has a copy of the ledger and transaction, thus making blockchain technology a decentralized system. This decentralized nature of blockchain provides us with many advantages in business such The global blockchain market is escalating and is expected to reach $20+ billion in 2023. This shows how rapidly businesses are adopting the new technology. The reasons behind its adoption With the establishment of popular blockchain-as-a-service (BaaS) services like Azure Blockchain Workbench and Amazon Managed Blockchain , the overhead of investing in expensive blockchain infrastructures is eliminated. Therefore, businesses with low budgets can also aspire for blockchain technology. With its rapid adoption worldwide, it's plain to see that blockchain is going to be part of the future of all businesses, and business students should equip themselves with all the fundamentals of blockchain technology. Keeping in mind the future growth of blockchain, this book was written in a detailed and comprehensive way, thoroughly explaining basic terminologies and techniques. Part of The Complete MBA Coursework Series , it follows the core as well as elective courses of prestigious institutions like Wharton and Harvard Business Schools, and will provide you with a self-motivated way of studying the MBA course free of lengthy and oftentimes costly traditional courses. Blockchain and Cryptocurrency is perfect for business managers and students interested in cryptocurrency and bitcoin charting, crypto indexing, blockchain bubbles, cryptocurrency index funds, and cryptocurrency history and mining.

172 pages, Kindle Edition

Published March 22, 2021

Reviews

[Paul · Rating 4 out of 5]

This book is part of a series that attempts to provide an affordable MBA education. What the heck is blockchain and cryptocurrency?

Blockchain is a decentralized ledger based on peer-to-peer networking. It is a way to move money back and forth, without a middleman like a bank. It has several advantages, including transparency, it is decentralized, there is better security, and it is less expensive, because there are no intermediaries and no paperwork.

Included in this book is a case study of how Walmart uses blockchain to keep track of its items all over the world. If, for example, an Asian factory goes down because of some natural disaster. Walmart HQ needs to know, immediately. If, for example, some African country imposes a recall of Walmart mangoes because of contamination, Walmart HQ needs to know, immediately. Shipping coronavirus vaccines around the world is a perfect example of needing to know the exact location of every container at any time. Blockchain can make that easier.

"Blockchain" and "cryptocurrency" are everywhere in present-day business. This book will help the reader to understand it, ahead of most people. This book is pretty technical, but it is worth checking out.

[David Wood · Rating 5 out of 5]

Well written

Great overview of the topic discussed, would recommend it to anyone interested in learning about the various blockchain technologies being currently employed.