Blockchain

Author:

Sapra Riya1ORCID,Dhaliwal Parneeta1

Affiliation:

1. Manav Rachna University, Faridabad, India

Abstract

Many applications are being built using the immutability and robustness of blockchain. Blockchain is a new class of information technology that combines cryptography and a distributed ledger that already exists. The model is composed of a group of computers that collaborate towards maintaining a secured database without storing the data at any central unit. It is the technology behind all the crypto currencies like Bitcoin, Litecoin, Ethereum, and now finding its way to record everything possible. This paper focuses on the basic framework of blockchain model, its pre-requisites, and challenges of blockchain. Various current real-time applications of the technology are also discussed. Finally, an application area has been proposed that can be used to create a huge database of the citizens of the country and facilitate them with ease of access to their personal data. It will open new ways of data analysis at a nationwide scale.

Publisher

IGI Global

Subject

Information Systems and Management,Information Systems,Medicine (miscellaneous)

Cited by 9 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. CFPChain: An Optimization of Research Funding Selection System Employing A Consortium Blockchain Based Approach;2023 International Conference on Computer, Control, Informatics and its Applications (IC3INA);2023-10-04

2. Blockchain Context Canvas: A Tool to Align Developers and Stakeholders;Blockchain and Applications, 5th International Congress;2023

3. Blokzincir Teknolojisi Alanında Yayınlanan Lisansüstü Tez Çalışmalarının Bibliyometrik Analizi: Ulusal Tez Merkezi Örneği;Bitlis Eren Üniversitesi Sosyal Bilimler Dergisi;2022-12-15

4. Identity Management and Authentication of a UAV Swarm Based on a Blockchain;Applied Sciences;2022-10-18

5. Applications of Blockchain in Industry 4.0: a Review;Information Systems Frontiers;2022-02-11

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