“The technology most likely to change the next decade of business is not the social web, big data, the cloud, robotics, or even artificial intelligence. It’s the blockchain …” —Harvard Business Review “The Impact of Blockchain Goes Beyond Financial Services,” May 2016
In Dubai Future Blockchain Summit is scheduled on 2-3 May, the first summit where 17 worlds first blockchain projects are gone be presented… I am excited to attend this and hear from the 17 of the world’s first blockchain pioneers.
In this session i will be covering introduction to Blockchain and Distributed Ledger Technology.
According to hyperledger.org,“A blockchain is a peer-to-peer distributed ledger forged by consensus, combined with a system for “smart contracts” and other assistive technologies. A blockchain is a specific form or subset of distributed ledger technologies, which constructs a chronological chain of blocks, hence the name ‘block-chain’. A block refers to a set of transactions that are bundled together and added to the chain at the same time.
A distributed ledger is a type of data structure that resides across multiple computing devices, generally spread across locations or regions. Distributed Ledger Technology includes blockchain technologies and smart contracts. While distributed ledgers existed prior to Bitcoin, the Bitcoin blockchain marks the convergence of a host of technologies, including timestamping of transactions, Peer-to-Peer (P2P) networks, cryptography, and shared computational power, along with a new consensus algorithm.
Business Blockchain Frameworks Hosted with Hyperledger (our focus is on Fabric)
Burrow: Provides a modular blockchain client with a permissioned smart contract interpreter partially developed to the Ethereum Virtual Machine (EVM) specification.
Fabric: An implementation of blockchain technology intended as a foundation for developing blockchain applications or solutions.
Iroha: A blockchain framework designed for simple and easy incorporation into infrastructure projects requiring distributed ledger technology.
Sawtooth: A modular platform designed for building, deploying, and running versatile and scalable distributed ledgers.
Indy: A distributed ledger that provides tools, libraries, and reusable components for creating and using independent, decentralized and digital identities.
You’ll Learn:
- What is blockchain technology?
- What is distributed ledger technology?
- How does blockchain work?
- What are smart contracts?
- Types of blockchain networks
- Benefits of blockchain
Blockchain Resources:
- Hyperledger org
- Oracle Blockchain Cloud Service from Oracle
- Certified Blockchain Expert from Blockchain Council
- Blockchain essentials course from IBM
- IBM Blockchain foundation developer course from IBM
- Blockchain for Business – An Introduction to Hyperledger Technologies from Edx
My Learning:
I have achieved following certificates so for…and this learning continues…
- Certified Blockchain Expert from Blockchain Council
- Blockchain for Business from Edx
- IBM Blockchain Essentials
- IBM Blockchain Foundation Developer
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