Analysis of blockchain in its standard, development and solicitation
Department of Computer Science and Engineering, Solamalai College of Engineering, Tamilnadu, India.
Review Article
Global Journal of Engineering and Technology Advances, 2024, 18(01), 033–037.
Article DOI: 10.30574/gjeta.2024.18.1.0014
Publication history:
Received on 04 December 2023; revised on 17 January 2024; accepted on 20 January 2024
Abstract:
The purpose of the article is to expand knowledge about the applications block chains described in the scientific literature. Blockchain is a decentralized management technology transactions and data, introduced in 2008, whose first use was the famous crypto currency Bitcoin. Diversity possible applications of blockchain technology i In , the initial state of research in this field was stimulated interests and publications on this topic. The built-in features of this technology ensure security and anonymity and data integrity create interesting areas of research, particularly from the perspective of technical challenges and limitations. Security features of many important systems in many industries rely on what is known as “Safety Through”. Ambiguity (Berentsen,2020) in security technology. Research in this direction aims to keep security mechanisms and system implementation in a complete state anonymity. However, the main disadvantage of this method is the problem with is that if we find out, the entire system could collapse Security mechanism. A fact that will become known later several studies show that this practice is becoming virtually impossible with the use of revolutionary blockchain technology.
Keywords:
Blockchain Applications; Cryptocurrencies; Smart Contracts; IoT
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0