also an exploration of possibilities for upskilling with blockchain
knowledge. With the knowledge gained from the chapter, you will be able
to achieve excellent career opportunities, great demand in the market, new-
age technology integrations, cybersecurity methods, cryptocurrencies, and
ICOs, transparency and improved governance, universal infrastructure,
digital identity.
The prerequisites in terms of skills needed are cryptography, smart
contracts, data structures, blockchain architecture, and Web development.
Structure
In this chapter, the following topics will be covered:
Introducing distributed ledger technology and blockchain
Blockchain vs. distributed ledger
The benefits of distributed ledger technology and blockchain
Blockchain formation
Blockchain specialty
Blockchain types—
public, private, hybrid, and consortium
Ownership/ transaction/ order integrity
Conflict and its resolution
Fork
Fork types—
accidental, soft, and hard
J ourney of blockchain
Blockchain versions
Blockchain 3 .0 directed acyclic graphs (DAG)
Security connect
Terminologies used
K eywords/ abbreviations
Questions
Conclusion
Objectives