Overview

In twenty-five 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 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'll 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 various components of the blockchain work and interact; limitations, why they exist, and what has been done to overcome them; and major application scenarios. Who this book is for: Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it.

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Daniel Drescher is an experienced banking professional who has held positions in electronic security trading in a range of banks. His recent activities have focused on automation, machine learning, and big data in the context of security trading. Amongst others, Daniel holds a doctorate in econometrics from the Technical University of Berlin and an MSc in software engineering from the University of Oxford. Matthew Boston is a New York-based actor with over thirty years of professional experience working in theater, film, television, and voice-over. He received his training from the Mason Gross School of the Arts, Shakespeare & Company, and the Lee Strasberg Institute.

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