Conclusions from the Analysis of Blockchain Solutions-Reference-Cited by-同舟云学术

Conclusions from the Analysis of Blockchain Solutions

Published:2023-10-30 Issue:15-16/2022 Volume:0 Page:31-35
ISSN:2450-0054
Container-title:Computer Science and Mathematical Modelling
language:
Short-container-title:

Author:

Michniewicz Małgorzarzata¹

Affiliation:

1. Wojskowa Akademia Techniczna

Abstract

The development of blockchain technology and distributed ledgers indeed contributes to enabling the delivery of various digital services, such as financial services, registry management, and tokens, including non-fungible tokens (NFTs). In blockchain systems, decisions are made based on the so-called consensus mechanism, which is a method of selecting a single version of transaction history that all nodes consistently agree upon. Although this technology is classified as emerging, it has a history of over ten years, and its ongoing implementations, including in the public administration sector, demonstrate its evolution and its status as one of the most promising technologies in terms of ensuring data immutability. The published ISO (International Organization for Standardization) standards and numerous implementations using business models executed in the DAO (Decentralized Autonomous Organization) architecture undoubtedly support the development of blockchain.

Publisher

Index Copernicus

Subject

General Medicine

Reference10 articles.

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4. Implementation of a durable medium based on blockchain technology in PKO BP https://fintech.pkobp.pl/blockchain-w-banku/.

5. Requirements for personal data protection contained in Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation).