UnBlock the Blockchain
This book presents a state-of-the-art overview of blockchains, a significant innovation that has already started to redesign business, social and political interactions. The technology is attracting considerable interest among researchers in industry and
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UnBlock the Blockchain
UnBlock the Blockchain
Nitin Upadhyay
UnBlock the Blockchain
123
Nitin Upadhyay Chair and Head Centre for Innovation Goa Institute of Management Goa, India
ISBN 978-981-15-0176-0 ISBN 978-981-15-0177-7 https://doi.org/10.1007/978-981-15-0177-7
(eBook)
© Springer Nature Singapore Pte Ltd. 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
Dedicated To Avatar Meher Baba
I have come to sow the seed of love in your hearts, so that, in spite of all the superficial diversity which your life in illusion must experience and endure, the feeling of Oneness, through Love, is brought about amongst all nations, creeds, sects and castes of the world Meher Baba
To Shalini, Meherika and Brownie for showering unconditional love
Preface
The Internet helped many organizations and people around the world to reduce the cost of participation, contribution, collaboration, and exchanging information, but it failed to promise the security of our identity, transaction integrity, and trust. Initially, the Internet was not designed to transfer “value” but had structure, format, and protocols by which people could share, communicate, and collaborate. Blockchain is transforming not just the digital world, by incorporating transactions of “value,” but also the human society. We can observe the tremendous potential of the technology in shaping the digital and shared economy. There is the growth in the interest among the researchers, industry, and academia to study and leverage the potential of blockchain. Despite having high expectations from the blockchain technology, there is a lack of knowledge to understand the challenges, potential opportunities, appl
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