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Foundations of Blockchain

You're reading from   Foundations of Blockchain The pathway to cryptocurrencies and decentralized blockchain applications

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Product type Paperback
Published in Jan 2019
Publisher Packt
ISBN-13 9781789139396
Length 372 pages
Edition 1st Edition
Languages
Concepts
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Author (1):
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Koshik Raj Koshik Raj
Author Profile Icon Koshik Raj
Koshik Raj
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Table of Contents (14) Chapters Close

Preface 1. Introduction FREE CHAPTER 2. A Bit of Cryptography 3. Cryptography in Blockchain 4. Networking in Blockchain 5. Cryptocurrency 6. Diving into Blockchain - Proof of Existence 7. Diving into Blockchain - Proof of Ownership 8. Blockchain Projects 9. Blockchain Optimizations and Enhancements 10. Blockchain Security 11. When Shouldn't We Use Blockchain? 12. Blockchain Use Cases 13. Other Books You May Enjoy

Non-profit autonomous organizations

Non-profit organizations are institutions that provide goods and services without seeking a profit. These organizations are run by volunteers for a particular cause, with some prime examples being charities, non-governmental organizations (NGOs), or even any voluntary organization. Although most of these organizations are operated by volunteers, each is controlled by an autonomous institution.

A non-profit project run by an autonomous organization has a lot of limitations and may not always be corruption free. However, they do tend to bring a lot of centralization to the decision-making process, which might lead to a lot of controversies. Likewise, autonomous organizations can be decentralized by introducing blockchain technology to remove any intermediaries in the organization. Decentralization in such organizations provides them with great...

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