Blockchain for Business

Preface xv
 
1 Introduction to Blockchain 1
Akshay Mudgal
 
1.1 Introduction 1
 
1.1.1 Public Blockchain Architecture 5
 
1.1.2 Private Blockchain Architecture 5
 
1.1.3 Consortium Blockchain Architecture 5
 
1.2 The Privacy Challenges of Blockchain 6
 
1.3 De-Anonymization 8
 
1.3.1 Analysis of Network 9
 
1.3.2 Transaction Fingerprinting 9
 
1.3.3 DoS Attacks 9
 
1.3.4 Sybil Attacks 9
 
1.4 Transaction Pattern Exposure 10
 
1.4.1 Transaction Graph Analysis 10
 
1.4.2 AS-Level Deployment Analysis 10
 
1.5 Methodology: Identity Privacy Preservation 10
 
1.5.1 Mixing Services 10
 
1.5.2 Ring Signature 12
 
1.6 Decentralization Challenges Exist in Blockchain 14
 
1.7 Conclusion 15
 
1.8 Regulatory Challenges 16
 
1.9 Obstacles to Blockchain Regulation 16
 
1.10 The Current Regulatory Landscape 17
 
1.11 The Future of Blockchain Regulation 18
 
1.12 Business Model Challenges 19
 
1.12.1 Traditional Business Models 19
 
1.12.2 Manufacturer 19
 
1.12.3 Distributor 20
 
1.12.4 Retailer 20
 
1.12.5 Franchise 20
 
1.13 Utility Token Model 20
 
1.13.1 Right 21
 
1.13.2 Value Exchange 21
 
1.13.3 Toll 21
 
1.13.4 Function 21
 
1.13.5 Currency 22
 
1.13.6 Earning 22
 
1.14 Blockchain as a Service 22
 
1.15 Securities 23
 
1.16 Development Platforms 24
 
1.17 Scandals and Public Perceptions 25
 
1.17.1 Privacy Limitations 26
 
1.17.2 Lack of Regulations and Governance 26
 
1.17.3 Cost to Set Up 26
 
1.17.4 Huge Consumption of Energy 26
 
1.17.5 Public Perception 27
 
References 27
 
2 The Scope for Blockchain Ecosystem 29
Manisha Suri
 
2.1 Introduction 30
 
2.2 Blockchain as Game Changer for Environment 32
 
2.3 Blockchain in

S.S. Tyagi is a Professor of Computer Engineering and Dean at Manav Rachna International Institute of Research & Studies, Faridabad, India. He obtained his PhD from Kururkshetra University in 2010 in Computer Technology. He has more than 28 years of teaching and research experience and has authored many research publications in high indexed journals.
 
Shaveta Bhatia is Professor of Faculty of Computer Applications, Manav Rachna International Institute of Research & Studies. She has more than 17 years of academic and research experience. She has authored many research papers and published over a span of her teaching career in various reputed journals and conferences.