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Published in: Financial Markets and Portfolio Management 3/2018

17-07-2018 | Book Review

Daniel Drescher: Blockchain basics: a non-technical introduction in 25 steps

Apress, 2017, 255 pp, ISBN: 978-1-4842-2603-2

Author: Nicolas Kube

Published in: Financial Markets and Portfolio Management | Issue 3/2018

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Excerpt

Blockchain is one of today’s new buzzwords. Many people consider this technology disruptive. Its potential draws on the possibility to enable trustworthy transactions between individuals in an untrustworthy environment without any central party. This characteristic challenges the position of today’s intermediaries like banks or stock exchanges, which commonly guaranteed trustworthy transactions. One can even imagine many more situations in which blockchain can alter the position of intermediaries. The thought that a technology might substitute a whole system, e.g., the majority of the banking system, is fascinating, astonishing, and terrifying at the same time. …

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Metadata
Title
Daniel Drescher: Blockchain basics: a non-technical introduction in 25 steps
Apress, 2017, 255 pp, ISBN: 978-1-4842-2603-2
Author
Nicolas Kube
Publication date
17-07-2018
Publisher
Springer US
Published in
Financial Markets and Portfolio Management / Issue 3/2018
Print ISSN: 1934-4554
Electronic ISSN: 2373-8529
DOI
https://doi.org/10.1007/s11408-018-0315-6

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Financial Markets and Portfolio Management 3/2018 Go to the issue