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This is the first original book on the blockchain technology coming from Russian experts. One of the authors is a recognized expert in the field of monetary economics and regulation of advanced technologies, while the other is a successful practitioner in the field of investment business. They are trying to understand how and why this innovation within just a few years captured the minds of millions and caused a real boom in the cryptocurrency market and attracted multibillion dollar investment in new industry. The book provides an analysis of the blockchain use in the financial industry, public sector, and other industries, and reviews the leading global and Russian blockchain startups. The ICO phenomenon is thoroughly studied. Several chapters are devoted to issues of state regulation and the prospects of the blockchain technology. The best book of Russian authors in the field of blockchain and digital technologies. Awarded by the Bitcoin Association Russia on July 8, 2020.