Foreword
Mistaken identity has often produced many delightful works in literature starting from the Comedy of Errors by Shakespeare. Alas, the complex world of today does not admit of that luxury. The modern systems developed by governments and businesses all over the world use individual identities for a large number of functions and delivery of services. Every day, millions of people sign up online to carry out a wide range of activities. Users are routinely coerced to disclose their personal identifiable information before allowing access to online services. With each transaction, the user leaves his digital footprints behind, which have the potential to compromise specific personal information. This is why an identity system that is error free and impervious to manipulation and fraud is a prerequisite for the real world.
Blockchain technology, while ensuring a self-sovereign identity, offers a robust and tamper-proof ecosystem to conduct real-world activities, such as education, health care, real estate, transportation, banking, business, trade/finance, supply-chain management, e-commerce, and decentralized streaming.
The present book expounds the multifaceted nature of blockchain technology, its architecture, and key characteristics, such as irreversibility and persistence. The readers will discover the potential use of blockchain technology in all significant walks of life and learn to handle transactional procedures. The narrative is lucid, with great art-work, and is ...
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