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Security Tokens and Stablecoins Quick Start Guide
Learn how to build STO and stablecoin decentralized applications
Weimin Sun
Xun (Brian) Wu
Angela Kwok
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BIRMINGHAM - MUMBAI
Security Tokens and Stablecoins Quick Start Guide
Copyright 2019 Packt Publishing
All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, without the prior written permission of the publisher, except in the case of brief quotations embedded in critical articles or reviews.
Every effort has been made in the preparation of this book to ensure the accuracy of the information presented. However, the information contained in this book is sold without warranty, either express or implied. Neither the authors, nor Packt Publishing or its dealers and distributors, will be held liable for any damages caused or alleged to have been caused directly or indirectly by this book.
Packt Publishing has endeavored to provide trademark information about all of the companies and products mentioned in this book by the appropriate use of capitals. However, Packt Publishing cannot guarantee the accuracy of this information.
Commissioning Editor: Sunith Shetty
Acquisition Editor: Joshua Nadar
Content Development Editor: Pratik Andrade, Anugraha Arunagiri
Technical Editor: Jovita Alva
Copy Editor: Safis Editing
Project Coordinator: Namrata Swetta
Proofreader: Safis Editing
Indexer: Rekha Nair
Graphics: Jisha Chirayil
Production Coordinator: Shraddha Falebhai
First published: April 2019
Production reference: 1300419
Published by Packt Publishing Ltd.
Livery Place
35 Livery Street
Birmingham
B3 2PB, UK.
ISBN 978-1-83855-106-3
www.packtpub.com
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Contributors
About the authors
Weimin Sun has 20 years' of experience working in the financial industry. He has worked for top-tier investment and commercial banks such as J.P. Morgan, Bank of America, Citibank, and Morgan Stanley, where he also managed large teams for developing IT applications. Weimin has also held corporate titles such as executive director and senior VP in some of these firms. Weimin has in-depth knowledge of the blockchain technology, data science, data architecture, data modeling, and big data platforms. He holds Ph.D, M.B.A and M.Sc degrees. He has co-authored Blockchain Quick Start Guide and published several statistical journal papers.
I would like to thank my wife and son for their lasting support and love.
Xun (Brian) Wu has more than 17 years of extensive, hands-on design and development experience with blockchain, big data, cloud, UI, and systems infrastructure. He has coauthored a number of books, including Seven NoSQL Databases in a Week, Blockchain by Example, Hyperledger Cookbook, Learning Ethereum, and Blockchain Quick Start Guide. He has been a technical reviewer on more than 50 technical books for Packt Publishing. He serves as a board adviser for several blockchain start-ups and owns several patents on blockchain. Brian also holds an NJIT computer science M.Sc degree. He lives in New Jersey with his two beautiful daughters, Bridget and Charlotte.
I would like to thank my parents, wife, and kids for their patience and support throughout this endeavor.
Angela Kwok, is a lawyer, specializing in high-tech and blockchain start-ups and venture capital financing. She also focuses on general corporate and commercial matters, fund formation, cross-border and domestic investments, mergers and acquisitions, and related tax matters in the TMT industry. She has represented clients in blockchain-related cases.
About the reviewers
Maximiliano Santos works as an architect for IBM Cloud Garage, So Paulo. He has developed complex software architectures for the banking, real estate, insurance, chemical, and consumer goods industries. Max has designed solutions using IBM Watson's cognitive services, an Internet of Things (IoT) platform, as well as machine learning and mobile applications.
Ankur Daharwal started his journey into blockchain with IBM Blockchain Garage in 2016. As a technology enthusiast and expert in both public and enterprise blockchains, he has been part of the decentralized world for around 3 years now. He has successfully developed and delivered numerous blockchain projects. He has devoted his career to devising real-life solutions for asset management and value exchange in a plethora of industry use cases worldwide. As an advisor to many blockchain startups, he focuses on providing expert guidance and solutions. Ankur strongly believes in fulfilling social responsibilities and supporting humanitarian causes with the use of his skills in technology.
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Preface
During 2017 and 2018, the market values of the majority cryptocurrencies went through some eye-popping roller-coasters. In the span of three months, the price of Bitcoin went up from $6,336.94 (USD) on November 12, 2017, to its highest price of $19,758.2 on December 17, 2017, before dropping to $7,389.79 on February 5, 2018. As cryptocurrency prices moved up, funding for blockchain projects poured in. Most of them were in the form of
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