January 2019
Intermediate to advanced
258 pages
7h 12m
English
Content preview from Blockchain for Business 2019
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The Birth of Bitcoin and the Advantages of a Decentralized Payment System
In the previous two chapters, you discovered what money is nowadays, an abstraction of value. We also noted that the concept of money has become less and less tangible over the years, up to the creation of digital money.
In this chapter, we will look at what stands behind blockchain technology, and how it allows us to create and work with digital money.
The following topics will be covered in this chapter:
- How Bitcoin came into existence
- Projects leading up to Bitcoin
- An introduction to Bitcoin
- How traditional payment systems work
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.