Basics of Blockchain

Abstract

Supply chain is one of the most important application areas where blockchain has the greatest potential to reshape the supply chain structure. Blockchain can record each sequence of transactions along the journey of product from primary raw material at source to finished goods on a shelf in a way that is accessible, unalterable, verifiable, secure, transparent and trustworthy for all parties in the network. Typical learning outcomes of the chapters are; (i) to understand the basics terminology of blockchain's distributed ledger technology; (ii) to grasp the knowledge on smart contract, shared ledger and types of blockchain systems; (iii) to gain further understanding Blockchain-as-a-Service model.