This book contains a simple breakdown of the concepts that will enable everyone, even without a computer know-how to understand Blockchain technology and crypto-currencies.The first time the world was exposed to Blockchain technology was when the Bitcoin made its great entrance back in 2009. Blockchain databases are starting to be the major start-ups of 2017 and the big developers such as Google and Microsoft are all experimenting and implementing blockchain technology to advance their systems performance. Bitcoin was created by an imaginary figure called Satoshi Nakamoto who developed the blockchain technology as a platform for Bitcoin in 2008 and ever since its inception it has grown exponentially. Nakamoto has remained a mysterious figure, some even claimed him to be an American citizen, but no one has yet proven his true identity.The original concept was to create a virtual currency that would replace regulated hard currencies. When it was first introduced, the Bitcoin was looked upon with extreme skepticism and the technology it sat upon was not even noticed. As time went by and as software developers and cyber anarchists fell in love with the idea of a currency revolution Bitcoin grew in popularity.
What makes Bitcoin so powerful is the fact that so many users and even some countries have adopted it as an official virtual currency or as an investment variable that now has an exchange rate and has real online buying power. This book will delve into the world of blockchain and give a layman's overview of what it is, how it works and what might the future hold. Jones intends to cover many topics relating to blockchain including what it is, how it works, the legal and regulatory status and current research and application development as well as offer insights and thoughts to the developments and future of this amazing technology.Here is a preview of what you will learn.Blockchain and how it worksCrypto currencies, Fintech and Hidden EconomiesBlockchain in social mediaApplications of BlockchainProfiting from BlockchainAdvantages and Disadvantages of BlockchainThe Future of BlockchainTipsAnd More.