Read these 5 Books to be a Blockchain Industry Expert
Blockchain technology eliminates the need for a centralized authority. Several major financial institutions, notably Goldman Sachs (GS) and JPMorgan (JPM), are substantially investing in technology development. Here are three of the top books on the subject for those interested in learning more about blockchain technology and its applications.
- The Book of Satoshi by Phil Champagne
Bitcoin and blockchain technology are linked because blockchain enabled the creation of cryptocurrencies. This book contains the writings of Satoshi Nakamoto, the enigmatic Bitcoin founder. The exact identity of Nakamoto was still unknown to the general public in early 2020.
The Nakamoto identity, like the coin it created, has just a virtual existence. Only in the early days of Bitcoin’s launch, Nakamoto gave online writings to explain Bitcoin. The Book of Satoshi is a comprehensive collection of Nakamoto’s most important writings, including the initial article outlining the Bitcoin concept.
The book also includes a chronologically arranged compilation of Nakamoto’s emails and online forum posts and his explanation of how Bitcoin works.
2. The Blockchain Developer by Elad Elrom
While the other books on this list give a broad overview of blockchain technology, this one is created specifically for developers. Author Elad Elrom outlines the process of developing your blockchain and establishing dApps. There are portions of the book dedicated to prominent existing blockchains for developers interested in building apps for these networks and a part concerning blockchain uses outside of bitcoin.
3. Cryptoassets by Chris Burniske and Jack Tatar
Burniske and Tatar examine blockchain from a financial standpoint, but they also touch on significant technological concepts. Rather than programmers or Bitcoin aficionados, “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” is created for investors. Resultantly, the majority of their explanations remain current and understandable. Burniske and Tatar begin by discussing the roots of Bitcoin during the financial crisis of 2008. They then go into the fundamentals. They also go through the key differences between Bitcoin and blockchain technology in general. After that, the book delves into the many sorts of crypto assets that have emerged, such as crypto tokens and crypto commodities.
This book also goes above and beyond most other works in the field by seeking to establish crypto assets as a distinct asset class. There’s even a chapter dedicated to the challenging issue of building a crypto asset valuation system. While the market is still too new for a clear framework, Burniske and Tatar deserve credit for establishing the groundwork.
Finally, they go over the nuts and bolts of blockchain investing. Initial coin offerings (ICOs), blockchain wallets, and cryptocurrency exchanges are all covered.
4. Blockchain Revolution by Don and Alex Tapscott
Don and Alex Tapscott, a father-and-son combination, wrote “Blockchain Revolution” to explain the implications of cryptocurrencies. Blockchain technology’s open platform will expand and revolutionize what we can do online, how we do it, and who may participate.
Blockchain technology, according to Tapscotts, will vastly improve the delivery of expanding financial services as well as the protection of personal identifying information. Business contracts and the development of the Internet of Things both benefit from the blockchain (IoT).
The book also discusses how blockchain technology is transforming the way people think about transactions, money, and business. Don Tapscott, co-author of “Wikinomics,” and his son, Alex, a blockchain expert, describe the technology in detail.
They envision it as a basic yet disruptive protocol that uses the distributed ledger to make financial transactions anonymous and safe. Blockchain technology is still in its infancy, according to the writers. They do a good job of differentiating what the technology can give now from its enormous future potential.
5. The Basics of Bitcoins and Blockchains by Antony Lewis
For nearly a decade, Antony Lewis, previously of early bitcoin exchange itBit, has been a cryptocurrency and blockchain expert. Lewis breaks down technical aspects of blockchain technology in a consumable and understandable way for those both inside and outside the field in this book.
While this book also covers the principles of cryptocurrencies, it is particularly valuable for individuals interested in blockchain technology and its numerous applications.