Blockchain Use Cases in Financial Markets and Beyond
Ron Quaranta and Michael del Castillo
Introduction
Blockchain Technology: Emerging Opportunities and Risks
Permissioned Versus Permissionless Blockchain
Cryptocurrencies, Digital Assets and ICOs: Definitions, Valuation and Investment Opportunities
Code is Not Law: Code Can be a Language Used to Create Smart Contracts
Smart Contracts: Definition and Uses
Managing Privacy and Digital Identities with Blockchain Technology
Regulation of Blockchain Technology
Blockchain Use Cases: Reference Data
The Humanitarian Space and Business Opportunity of Blockchain
The Impact on Supply Chain Opportunities
The Promises and Limitations of Blockchain: Taking Stock and Lessons Learned
Blockchain Use Cases in Financial Markets and Beyond
“The vast majority of human beings dislike and even actually dread all notions with which they are not familiar... Hence it comes about that at their first appearance innovators have generally been persecuted, and always derided as fools and madmen” Aldous Huxley
The chapters of this book have been designed to provide the reader with a bit more than a cursory glance at what blockchain is accomplishing in financial markets and beyond. As simple as the underlying premise of blockchain may be (although often complicated to describe), there are some quite sophisticated things happening within the marketplace. Such as the joint challenges of value transfer and data management. The ever-evolving and problematic world of encryption. The need for proper regulation to protect individuals. The tragedy of the global unbanked.
Rarely has a field of endeavour evolved so rapidly that it becomes difficult to keep up with, let alone write about. Therefore, the majority of this final chapter will be dedicated to reviewing what has been discussed in previous chapters, updating what is appropriate and offering some further thoughts on where it is all headed. In addition, the role and evolution
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