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Properties of Decentralized Consensus Technology – Why not every Blockchain is a Blockchain [article]

Christopher Ehmke, Florian Blum, Volker Gruhn
2019 pre-print
Research in the field of blockchain technology and applications is increasing at a fast pace.  ...  Blockchain technology in turn is only one of multiple implementations of the Decentralized Ledger Technology.  ...  We will show why the distinction between blockchain technology and the term Decentralized Consensus Technology (DCT) is important and should be considered in further research.  ... 
doi:10.13140/rg.2.2.35506.45765 arXiv:1907.09289v1 fatcat:2icow4e7n5cm3bv5oomaqyte5q


Pranalini Joshi , Dr. Prasad Gokhale
2021 Information Technology in Industry  
Healthcare domain is a promising industry in which blockchain can have important influence.  ...  This paper focus on a systematic review about existing and ongoing research in the field of storing electronic health record (EHR) using blockchain technology.  ...  In addition to this following are few features of blockchain technology Decentralized: Every node has one copy of data; hence failure of one node does not affect the organization.  ... 
doi:10.17762/itii.v9i1.125 fatcat:vmrms4466fbutpmgi24k7vu4iu

Blockchain Technology – Support for Collaborative Systems

Gheorghe MATEI
2020 Informatică economică  
Blockchain technology is one of the most promising new technology, a new approach in data registration and distribution, and represents a new paradigm for how information is shared.  ...  The tech community considers that blockchain is one of the most disruptive technologies and saw more possibilities of using it in many other sectors.  ...  A consensus algorithm is the core of the blockchain architecture. To keep the network decentralization, every blockchain must have a consensus algorithm, or else its value is lost.  ... 
doi:10.24818/issn14531305/24.2.2020.02 fatcat:qvv3bm5uwvef3irmhzuy333vdy

Blockchain for decentralization of internet: prospects, trends, and challenges

Javad Zarrin, Hao Wen Phang, Lakshmi Babu Saheer, Bahram Zarrin
2021 Cluster Computing  
The first aspect is the consensus algorithms that are vital components for decentralization of the Blockchain.  ...  The second aspect that we investigated is the compliance of Blockchain with various emerging Internet technologies and the impact of Blockchain on those technologies.  ...  Proof-of-property (PoP) PoP is a lightweight and scalable consensus protocol that provides ''proof'' for properties within the data structures of Blockchain [75] .  ... 
doi:10.1007/s10586-021-03301-8 pmid:34025209 pmcid:PMC8122205 fatcat:dheopqjdwjdozdjcwmnnss2jeu

Blockchain for Decentralization of Internet: Prospects, Trends, and Challenges [article]

Javad Zarrin, Phang Hao Wen, Lakshmi Babu Saheer, Bahram Zarrin
2020 arXiv   pre-print
The first aspect is the consensus algorithms, which are vital components for decentralization of Blockchain.  ...  The paper conducts a literature review on Blockchain-based methods capable for the decentralization of the future Internet.  ...  Only to finish on why Blockchain is the choice for decentralizing the Internet. A.  ... 
arXiv:2011.01096v1 fatcat:3lqisg2mnzeavfemmbejtzwfiu

Public Distributed Decentralized System as Blockchain

Sayali Sandesh Pingale, Prof. Rohit Bag, Dr. Mangesh M. Ghonge
2021 International Journal of Research in Advent Technology  
Blockchain technology fully works on a decentralized system. By using a cryptographic consensus algorithm, we achieve privacy, security, and immutability.  ...  One of the best solutions to this problem is blockchain technology. It replaced the traditional centralized system with a distributed, decentralized database system.  ...  It does not need a central authority that is a third party. It is fully based on a decentralized, distributed ledger.  ... 
doi:10.32622/ijrat.812202003 fatcat:llimrauip5cnrgon7zfcbovj7y

Toward Blockchain-Enabled Supply Chain Anti-Counterfeiting and Traceability [article]

Neo C.K. Yiu
2021 arXiv   pre-print
Blockchain technology has progressed from merely with a use case of immutable ledger for cryptocurrency transactions to a programmable interactive environment of developing decentralized and reliable applications  ...  and feasible mechanisms of developing decentralized and distributed product anti-counterfeiting and traceability ecosystems utilizing blockchain technology, are identified via a series of security and  ...  Another argument why Ethereum is Turing-complete is that if transactions do not have a gas limit specified then attackers could manipulate and expose vulnerabilities of the EVM's Turing completeness property  ... 
arXiv:2102.00459v1 fatcat:c3towiuzt5enxmvvalmmmhwz5i

Economics of Blockchain

Sinclair Davidson, Primavera De Filippi, Jason Potts
2016 Social Science Research Network  
Argues that the governance approach-based in new institutional economics and public choice economics-is most promising, because it models blockchain as a new technology for creating spontaneous organizations  ...  Claims blockchain is more than just ICT innovation, but facilitates new types of economic organization and governance.  ...  Section 2 examines blockchain as a new technology. 2.1 reviews the economics of blockchain as an innovation. 2.2 explains why this is really a technology of decentralization, and 2.3 explores blockchain  ... 
doi:10.2139/ssrn.2744751 fatcat:ueqolwysebafhfqpp3ynmybwsu

Toward Blockchain-Enabled Supply Chain Anti-Counterfeiting and Traceability

Neo C. K. Yiu
2021 Future Internet  
Blockchain technology has progressed from simply being a use case of immutable ledger for cryptocurrency transactions, to a programmable interactive environment of developing decentralized and reliable  ...  Key areas of decentralization, fundamental system requirements, and feasible mechanisms of developing decentralized product anti-counterfeiting and traceability ecosystems utilizing blockchain technology  ...  The research references listed in this research are categorized by publisher, as depicted in Figure A2 , where 20%, 13%, and 9% of the research references were published by IEEE, Springer, and Elsevier  ... 
doi:10.3390/fi13040086 fatcat:ng7jpuwpk5ezvlqfojq2gaxvgi

Blockchain – A Most Disruptive Technology On The Spotlight Of World Engineering Education Paradigm

G. Thiraviya Suyambu, M. Anand, M. Janakirani
2020 Procedia Computer Science  
Blockchain technology has the potential to redefine every one another technology of human beings.  ...  If we look at the time line of inventions, it is dramatically reduced over the advancement of time. Inventions took centuries in B.C, but needs only a few years or a decade in A.D.  ...  This article is written specially to the needs of international students forum meet -WEEF 2019, in order to make aware the student community about all rounded capability of blockchain technology.  ... 
doi:10.1016/j.procs.2020.05.023 fatcat:n3srndw7eveedfdzt6tsyzntgq

Why and How Blockchain?

Mark Wolfskehl
2018 The Journal of British Blockchain Association  
The heart of the Proof of Work implementation of blockchain technology is really a very clever solution to Byzantine consensus.  ...  Every large corporation today hires programmers. And the best programmers always want to be on top of the hottest technology. And what is the hottest technology today? Blockchain.  ... 
doi:10.31585/jbba-1-1-(5)2018 fatcat:45an374sr5hodgalxqdhoy7e4y

Constraints and Benefits of the Blockchain Use for Real Estate and Property Rights [article]

Oleksii Konashevych
2020 arXiv   pre-print
Blockchain, which is distinguished from permissioned systems as the technology of the immutable ledger that does not require authorities, is a new word in governance.  ...  A sobering outlook is crucial because misleading concepts may bury the whole idea of blockchain use.  ...  A better scenario is a free choice of every citizen in determining which technology to use to manage their property rights.  ... 
arXiv:2001.09745v3 fatcat:xkqr2jwjcbc6fcgxb3dmshhzya

A Survey on Blockchain Technology Concepts, Applications, and Issues

H. T. M. Gamage, H. D. Weerasinghe, N. G. J. Dias
2020 SN Computer Science  
Even though blockchain technology was introduced to solve the doublespending problem of electronic money without relying on a trusted third party, this particular concept is being researched and already  ...  The blockchain technology first emerged with the Bitcoin whitepaper, which was the first successful proposal to implement a decentralized digital currency with ability to execute completely non-reversible  ...  Compliance with Ethical Standards Conflict of Interest On behalf of all authors, the corresponding author states that there is no conflict of interest.  ... 
doi:10.1007/s42979-020-00123-0 fatcat:332x3ju6dbbvvii3en3glktjqe

Citizen Identity Management using Blockchain Architecture

2020 International journal of recent technology and engineering  
The main objective of this paper is to put forward a system for managing the identity of the citizens of a country by leveraging the power of blockchain technology.  ...  Decentralization is achieved with this system in the sense that total control over the network does not reside with a single authority, but rather is distributed among multiple authorized government entities  ...  Bitcoin and Ethereum networks are prime examples of public blockchain networks. It can be said that these networks are the major reason why blockchain technology rose to fame so quickly.  ... 
doi:10.35940/ijrte.f8909.059120 fatcat:hb2ram7ilvam7lkore2qripvsi

Bitcoin Generation using Blockchain Technology

Balajee Maram
2018 JOIV: International Journal on Informatics Visualization  
Every transaction is monitored and verified by every user in the network. The blockchain is a chain of blocks that contains a collection of transactions.  ...  Bitcoin is a cryptocurrency, depends on blockchain technology. The Bitcoins are generated from the mining of a block for the miner.  ...  BLOCK-CHAIN TECHNOLGY A. What is a 'Blockchain'? A blockchain is a chain of blocks, which is decentralized public ledger of all transactions in digital form.  ... 
doi:10.30630/joiv.2.3.109 fatcat:6ay7plevyzgufmwfu5rh5dbnse
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