Blockchain: a beginner’s guide by Shermin Voshmgir and Valentin Kalinov,

Blockchain: a beginner’s guide by Shermin Voshmgir and Valentin Kalinov,

Blockchain: a beginner’s guide by Shermin Voshmgir and Valentin Kalinov,

by nour-s , April 19, 2020

Book Reviews

This free handbook on blockchain I am writing about is in many ways better than a four-week online INSEAD course or an edition by The McKinsey Podcast. “Blockchain A Beginner’s Guide” is a 58-page book written by Shermin Voshmgir and Valentin Kalinov, you can download it on this link.

While the four-week INSEAD course on Coursera delves into the design principles of the blockchain, it does not mention anything about decentralized apps (dApps) or tokens or blockchain oracles! The handbook does. The book introduces blockchain as an ecosystem, not only as a technology. You get to know about the high-level technology stack from the get-go. While other sources would mention what a smart contract means somewhere down the story line, this book defines what a smart contract is and how it relates to the blockchain ecosystem on the fourth page. The authors also shed light on practical aspects of how the blockchain interacts with the external world.

The book will also present the new world of crypto-economics, how blockchain will change investments and crowd funding, and Initial Coin Offerings (ICO) [versus Initial Public Offering (IPO)]. We read a lot about how blockchain disrupts industries from the perspective of supplier-client dynamics, but how will blockchain affect organizational structures and interactions among employers and employees?

It goes without saying that you get to know about the types of blockchains (private/public), consensus rules, benefits, and challenges, and current famous technologies/players in the market.

Although the book has some diagrams of poor resolution or grammatical/structure mistakes, I still think it is a really good comprehensive introduction to the blockchain world.

The authors have evolved this handbook into a more elaborated version that was published in 2019 and is available for sale, so if you need more detailed content, you can have a look at Token Economy.

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