Abstract
AbstractThis paper deals with the current Blockchain adopted in the various types of trading markets supporting smart contracts that process text-based transaction information only when exchanging cryptocurrencies. Even though the Blockchain itself is decentralized, services can still be provided through a centralized system in order to provide adequate services to the users. It also allows the Autochain to apply Blockchain technology to existing businesses conducted under the Fourth Industrial Revolution to realize higher productivity or competitiveness and improve profitability to a remarkable extent. The Autochain is adaptable to all Blockchain technologies, companies, or research works around the world to overcome the limitations of the existing Blockchain technology. It creates the Blockchain-platform ecology chain and ecosystem, making our lives more convenient while revolutionizing every industry. In addition, it automates all Blockchain-based systems and offers a base for constructing a system wherein everyone can easily provide, operate, and maintain Blockchain services. This paper discusses a number of Blockchain-related technologies and presents a decentralized Application (dApp) exclusively designed for mobile use, taking house rental service as an example. It also presents the existing Blockchain and the Blockchain database storage method and proposes the dApp based on it.
Funder
National Research Foundation of Korea
Publisher
Springer Science and Business Media LLC
Subject
Electrical and Electronic Engineering,Information Systems,Signal Processing
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