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Blockchain and Web3

Autor Winston Ma, Ken Huang
en Limba Engleză Paperback – 19 sep 2022
An in-depth and authoritative treatment of one of the most pressing topics of our time
In Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse, two tech and finance experts deliver a comprehensive and accessible guide to the present and future of blockchain technology and how it will form the foundation of a new, better internet.
To support a concept as bold as the Metaverse, we need several orders of magnitude more powerful computing capability, accessible at much lower latencies, across a multitude of devices and screens. You'll discover how blockchain can accelerate data flow, exchange, and transactions to create and transfer value around the world and, at the same time, how it can be used to protect user data privacy and security with decentralized web infrastructures. The book also includes:
  • Discussions of how sovereign governments are entering the blockchain fray and how their entry, especially with CBDC digital currency, shapes the conversations around Web3
  • Explorations of whether we will ever realize the holy grail of blockchain tech: interoperability to compete with Big Tech platforms
Discussion of new security and privacy issues rising from the intersection of Blockchain, Web3 and Metaverse.A fascinating and eye-opening treatment of the past, present, and future of blockchain and the role it will play on the internet and metaverse, Blockchain and Web3 is a truly original and engaging discussion of a timely and critical topic.
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Specificații

ISBN-13: 9781119891086
ISBN-10: 1119891086
Pagini: 400
Dimensiuni: 152 x 227 x 24 mm
Greutate: 0.59 kg
Editura: Wiley
Locul publicării:Chichester, United Kingdom

Descriere

The COVID-19 pandemic has highlighted the inadequacies of the world’s collective approach to data. The inability, and sometimes unwillingness, to share and use data to combat COVID-19 or to protect against predatory uses of data has negatively impacted individuals, private enterprise, research institutions and governments around the globe. A lack of trust combined with asymmetric economic interests are slowing progress – especially in the cross-border context. The explosion of ransomware and software supply chain attack in 2021 exposed the vulnerability of the centralized data storage within enterprises, big and small. The current crisis illustrates that without proper technology, protocols and governance, society risks creating either a world in which access to data is overly restricted and impedes human progress and innovation, or one in which data-sharing solutions are created without properly respecting the rights of the individual parties involved, including businesses.

A balanced combination of hard science and real-world case studies, The Blockchain Internet is a comprehensive and accessible guide to both the present and the future of blockchain technology and how it empowers the future internet, providing a timely, in-depth analysis of this rapid-developing blockchain world for wide audiences. Itpresents how Blockchain, fused with similar emerging technologies, can provide the crucial foundational technology for the future digital world by:

  • Accelerating data flow and data exchange/transactions to create value and impact (true data portability) and enabling the potential value of data exchanges and marketplaces (e.g. post-Covid global supply chain)
  • Protecting user privacy (Blockchain is an enabler for GDPR privacy enforcement), empowering data privacy and sovereignty through decentralized web infrastructure
  • Ensuring data security from data theft and cybersecurity attack – As the world’s population increasingly moves online amid a global pandemic, never before was security so essential

Blockchain-based digital currencies from the sovereign governments are also coming into the scene, prompting tensions between online vs. offline, decentralized vs. centralized, fungible vs. non-fungible ever more complex. Furthermore, nations are in the process of developing blockchain industry policies to promote blockchain-related innovation in the real economy. For example, China’s cross-border Blockchain Service Network (BSN) promises to enable Blockchains on its platform to interact, the so-far elusive “interoperability” that could become the magic key to the maturing of the new data economy. The book will touch on all these topics and more.


Notă biografică

Winston Ma is an investor, attorney, author, and adjunct professor in the global digital economy. He is a co-founder and managing partner of CloudTree Ventures and the board chairman of Nasdaq-listed MCAA, a European tech SPAC. Prior to that, he was head of North America Office for CIC, the deputy head of equity capital markets at Barclays Capital, a vice president at JPMorgan investment banking, and a corporate lawyer at Davis Polk & Wardwell LLP. He is the author of bestselling books including The Hunt for Unicorns and The Digital War. Ken Huang is CEO of DistributedApps and chair of Blockchain Security Working Group for Cloud Security Alliance in the Great China Region. Over the past 18 years, he has worked on application security, identity access management, cloud security, and blockchain for the fintech industry and health care industry. He is a Certified Information Systems Security Professional since 2007 and is the author of Blockchain Security Technical Guide, published by China Machine Press in 2018.

Cuprins

Foreword xi
Acknowledgments xvii
About the Authors xxiii
Preface xxvii
Part I Mega Convergence of Digital Technologies in Metaverse 1
Chapter 1 Metaverse: Convergence of Tech and Business Models 3
Chapter 2 Blockchain, the Backbone of Web3 33
Part II Blockchain Breakthroughs Set the Transaction, Privacy, and Security Foundation for the Digital Economy 69
Chapter 3 Cryptocurrencies and Tokenomics 71
Chapter 4 DeFi (Decentralized Finance): Bankless Metaverse 97
Chapter 5 NFTs, Creator Economy, and Open Metaverse 131
Chapter 6 Blockchain Gaming in Metaverse 157
Chapter 7 Metaverse Privacy: Blockchain vs. Big Tech 183
Chapter 8 Metaverse Security 217
Part III Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States 255
Chapter 9 Public Crypto, Government CBDC, and Big Tech Coin 257
Chapter 10 Web3 Creator Economy on Blockchain 289
Glossary 323
Index 349