Survey of Blockchain from the Perspectives of Applications, Challenges and Opportunities

• Blockchain is the underlying technology of a number of digital cryptocurrencies. Blockchain is a chain of blocks that store information with digital signatures in a decentralized and distributed network. The features of blockchain, including decentralization, immutability, transparency and auditability, make transactions more secure and tamper proof. Apart from cryptocurrency, blockchain technology can be used in financial and social services, risk management, healthcare facilities, and so on. A number of research studies focus on the opportunity that blockchain provides in various application domains. This paper presents a comparative study of the tradeoffs of blockchain and also explains the taxonomy and architecture of blockchain, provides a comparison among different consensus mechanisms and discusses challenges, including scalability, privacy, interoperability, energy consumption and regulatory issues. In addition, this paper also notes the future scope of blockchain technology.

Ämnesord

NATURVETENSKAP  -- Data- och informationsvetenskap -- Datavetenskap (hsv//swe)

NATURAL SCIENCES  -- Computer and Information Sciences -- Computer Sciences (hsv//eng)

NATURVETENSKAP  -- Data- och informationsvetenskap -- Medieteknik (hsv//swe)

NATURAL SCIENCES  -- Computer and Information Sciences -- Media and Communication Technology (hsv//eng)

Nyckelord

blockchain

distributed ledger

consensus procedures

cryptocurrency

smart contract

selfish mining

energy consumption

Pervasive Mobile Computing

Distribuerade datorsystem

Publikations- och innehållstyp

ref (ämneskategori)

art (ämneskategori)