A Bibliometric Review of the Evolution of Blockchain Technologies

Author:

López-Sorribes Sergi1ORCID,Rius-Torrentó Josep2ORCID,Solsona-Tehàs Francesc1ORCID

Affiliation:

1. Department of Computer Science, University of Lleida, 25001 Lleida, Spain

2. Department of Economics, University of Lleida, 25001 Lleida, Spain

Abstract

Bitcoin was created in 2008 as the first decentralized cryptocurrency, providing an innovative data management technology, which was later named blockchain. It ensured data validation without intervention from intermediaries. During its early stages, it was conceived as a financial technology by most researchers. It was not until 2015, when the Ethereum cryptocurrency was officially launched worldwide, along with its revolutionary technology called smart contracts, that researchers began to change their perception of the technology and look for uses outside the financial world. This paper analyzes the literature since 2016, one year after Ethereum, analyzing the evolution of interest in the technology to date. For this purpose, a total of 56,864 documents created between 2016 and 2022 from four major publishers were analyzed, providing answers to the following questions. Q1: How has interest in blockchain technology increased? Q2: What have been the major blockchain research interests? Q3: What have been the most outstanding works of the scientific community? The paper clearly exposes the evolution of blockchain technology, making it clear that, as the years go by, it is becoming a complementary technology instead of the main focus of studies. Finally, we highlight the most popular and recurrent topics discussed in the literature over the analyzed period of time.

Funder

Ministerio de Ciencia e Innovación

the Generalitat de Catalunya

Publisher

MDPI AG

Subject

Electrical and Electronic Engineering,Biochemistry,Instrumentation,Atomic and Molecular Physics, and Optics,Analytical Chemistry

Reference35 articles.

1. Overview of colored coins;Rosenfeld;White Pap. Bitcoil. Co. Iil,2012

2. Lamport, L., Shostak, R., and Pease, M. (2019). Concurrency: The Works of Leslie Lamport, Association for Computing Machinery.

3. King, S. (2022, October 10). Primecoin: Cryptocurrency with Prime Number Proof-of-Work. Available online: https://primecoin.io/primecoin-paper.pdf.

4. Wiki, L. (2022, October 15). Litecoin Wiki-Transaction Fees. Available online: https://litecoin.info/index.php/Transaction_fees.

5. Ethereum: A secure decentralised generalised transaction ledger;Wood;Ethereum Proj. Yellow Pap.,2014

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