Blockchain Applications and Simulations
摘要
First, we will start with a simple introduction to various applications of blockchain technology, such as finance, accounting, supply chain, and legal. Then, we show how to use Monte Carlo SimulationMonte Carlo Simulation to generate a set of transactionsTransactions, such as 2,000 observations. The Merkle TreeMerkle tree methodology is used to ‘merge’ transactionsTransactions in a blockBlock to generate a final hashHash (Merkle RootMerkle Root hashHash). Finally, students learn how to generate their blockchain.