Blockchain concept is a new organizing paradigm for the discovery, valuation, and transfer of all quanta of anything, and potentially for the coordination of all human activity at a much larger scale than has been possible before. The new revolution started with a new fringe economy on the Internet, an alternative currency called Bitcoin that was issued and backed by automated consensus among networked users. Bitcoin is digital cash that is transacted via the Internet in a decentralized trustless system using a public ledger called the blockchain. Bitcoin and blockchain technology, as a mode of decentralization, could be the next major disruptive technology and worldwide computing paradigm following the mainframe, PC, Internet, and social networking/mobile phones.

Book Information: