Cryptocurrencies and Blockchain Technology Applications

As we enter the Industrial Revolution 4.0, demands for an increasing degree of trust and privacy protection continue to be voiced. The development of blockchain technology is very important because it can help frictionless and transparent financial transactions and improve the business experience, which in turn has far-reaching effects for economic, psychological, educational and organizational improvements in the way we work, teach, learn and care for ourselves and each other.

Blockchain is an eccentric technology, but at the same time, the least understood and most disruptive technology of the day. This book covers the latest technologies of cryptocurrencies and blockchain technology and their applications. This book discusses the blockchain and cryptocurrencies related issues and also explains how to provide the security differently through an algorithm, framework, approaches, techniques and mechanisms. A comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organization and industry as a whole and how to integrate blockchain technology into your business strategy. In addition, the book explores the blockchain and its with other technologies like Internet of Things, big data and artificial intelligence, etc.

Auteur

Gulshan Shrivastava earned his Master of Technology in Information Security from GGSIPU Delhi, India and an MBA degree in IT & Finance from Punjab Technical University, India and is currently pursuing his PhD in Computer Science & Engineering from the National Institute of Technology Patna, India. He earned certification of SCJP from Sun Microsystem and has edited/authored 6 books and at least 30 research articles in international journals. His research interests include information security, data analytics, cyber security & forensics, mobile computing, intrusion detection and computer networks. Dac-Nhuong Le has a MSc and PhD in computer science from Vietnam National University, Vietnam in 2009 and 2015, respectively. He is Associate Professor in Computer Science, Deputy-Head of Faculty of Information Technology, Haiphong University, Vietnam. He has a total academic teaching experience of 12+ years with many publications in reputed international conferences, journals and online book chapters. His area of research areas include evaluation computing and approximate algorithms, network communication, security and vulnerability, network performance analysis and simulation, cloud computing, IoT and image processing in biomedical. Currently, he is serving on editorial boards of international journals and he has authored more than 15 computer science books, with at least 5 with the Wiley-Scrivener imprint. Kavita Sharma is a Senior Research Fellow in the Department of Computer Engineering at National Institute of Technology, Kurukshetra, India. She received the Master of Technology (M. Tech.) in Information Security from Ambedkar Institute Technology of Advanced Communication Technology and Research, Delhi, India. She is the editor of 3 books and authored more than 48 research papers and book chapters. Her research area is mobile device/smartphone security and data analytics.

Texte du rabat
This book discusses the blockchain and cryptocurrencies related issues and also explains how to provide security through different algorithms, frameworks, approaches, techniques and mechanisms, while exploring how blockchain is applied to other technologies such as IoT and Big Data as well as Artificial Intelligence. As we enter the Industrial Revolution 4.0, demands for an increasing degree of trust and privacy protection continue to be voiced. The development of blockchain technology is very important because it can help frictionless and transparent financial transactions and improve the business experience, which in turn has far-reaching effects for economic, psychological, educational and organizational improvements in the way we work, teach, learn and care for ourselves and each other. Blockchain is an eccentric technology, and at the same time, the least understood and most disruptive technology of the day. In 15 chapters, this book covers the latest technologies of cryptocurrencies and blockchain technology and their applications. The book discusses the blockchain and cryptocurrencies related issues and also explains how to provide the security differently through an algorithm, framework, approaches, techniques and mechanisms. It provides a comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organization and industry as a whole, and how to integrate blockchain technology into your business strategy. In addition, the book explores the blockchain with other technologies like Internet of Things, big data and artificial intelligence, etc. Audience The book is directed to three distinct groups: computer scientists, cyber security engineers, software developers, and information technology specialists; innovators, engineers and managers in all types of businesses; policy makers in governments tasked with ensuring data integrity.

Contenu
List of Figures xv

List of Tables xix

Foreword xxi

Preface xxiii

Acknowledgments xxix

Acronyms xxxi

Part I Cryptocurrencies and Blockchain Technology

1 Blockchain: A New Era of Technology 3
*Gururaj H L, Manoj Athreya A, Ashwin A Kumar, Abhishek M Holla, Nagarajath S M, Ravi Kumar V*

1.1 Introduction to Web 3.0 6

1.1.1 Web 1.0 6

1.1.2 Web 2.0 6

1.1.3 Web 3.0 7

1.2 Blockchain 7

1.2.1 Hash Cryptography 8

1.2.2 Immutability 9

1.2.3 Distributed P2P Network 10

1.2.4 Mining 11

1.2.5 Consensus Protocol 11

1.3 Bitcoin 12

1.4 Ethereum 12

1.4.1 Ethereum Network 13

1.4.2 Interfacing with Ethereum 13

1.4.3 Ethereum Account 14

1.4.4 Ethereum Network Transactions 15

1.5 InterPlanetary File System (IPFS) 15

1.6 Decentralized Applications (DApps) 16

1.7 Case Study: FIR 17

1.7.1 Project Description 18

1.7.2 Tools Used 18

1.7.3 Project Workings 20

1.8 Conclusion 22

References 23

2 Blockchain: A Path to the Future 25
*Avinash Kaur, Anand Nayyar, Parminder Singh*

2.1 Introduction 26

2.2 Blockchain Architecture 27

2.2.1 Block 27

2.2.2 Digital Signature 28

2.2.3 Main Attributes of Blockchain 29

2.3 Types of Blockchain Systems 29

2.4 Consensus Algorithms 30

2.4.1 Proof of Work (PoW) 30

2.4.2 Pure Stake-Based Consensus 34

2.4.3 Leased Proof of Stake (LPoS) 34

2.4.4 Delegated Proof of Stake (DPOS) 34

2.4.5 Hybrid Form of PoS and PoW 35

2.4.6 Practical Byzantine Fault Tolerance (PBFT) 35

2.4.7 Ripple 35

2.4.8 Tendermint 35

2.4.9 Proof of Elapsed Time 36

2.4.10 Proof of Activity (PoA) 36

2.4.11 Proof of Burn (PoB) 36

2.5 Blockchain Applications That are Transforming Society 37

2.6 Future Scope 38

References 39

3 Blockchain in 5G 43
*C. Mageshkumar, J. Rajeshkumar, L. Godlin Atlas, P. Hamsagayathri*

3.1 Introduction 44

3.1.1 What is Blockchain Technology? 45

3.1.2 Blockchain in Real-Time World 45

3.1.3 Working Process of Blockchain 47

3.2 Data Economy of Blockchain and 5G 47

3.3 Combination of Blockchain Technology and 5G Mobile Connection 50

3.4 How to Use 5G and Blockchain Together 50

3.5 Applications of Blockchain and 5G 52

3.5.1 Smart Contracts 52

3.5.2 Data Management 52

3.5.3 Supply Chain Auditing 52

3.5.4 Entertainment and Multimedia 52

3.5.5 Smart Home 53

3.5.6 Logistics and Shipping 53

3.5.7 Drone Operation 53

3.6 Conclusion 53

References 53

4 Blockchain in Social Networking 55
*T. Poongodi, R. Sujatha, D. Sumathi, P. Suresh, B. Balamurugan*

4.1 Overview of Blockchain and Social Networking Platform 56

4.1.1 Basic Structure of Blockchain 57

4.1.2 Review of Social Networking P…