What you will learn

• Explain the meaning of terms such as “Web3,” “token,” “smart contract,” “decentralized autonomous organization (DAO),” and “blockchain trilemma”

• Describe seven principles for the design of blockchain-based systems, and seven challenge areas associated with implementing blockchain technology

• Identify five questions one must consider when deciding whether blockchain is appropriate for a particular problem or use-case

• Describe some real-world examples of companies that have integrated blockchain into their business models