A study on blockchain technology

  • Authors

    • P S. G. Aruna Sri
    • D Lalitha Bhaskari
    2018-03-18
    https://doi.org/10.14419/ijet.v7i2.7.10757
  • Blockchain, Consensus Mechanism, Distributed ledger, Security.
  • Blockchain is a one of emerging technology for decentralized and sharing of transactional data across a large peer to peer network, where non-trusting members can interact with each other without an intermediary, in a verifiable manner. In this paper, we review the basics of Blockchain, its applications, types, and working of Blockchain. Behind this innovative technique, the security, privacy issues and Con-sensus mechanisms of this technology are also important and are a matter of concern. The problems associated with Blockchain technol-ogy are also discussed in this paper.

     

     

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  • How to Cite

    S. G. Aruna Sri, P., & Lalitha Bhaskari, D. (2018). A study on blockchain technology. International Journal of Engineering & Technology, 7(2.7), 418-421. https://doi.org/10.14419/ijet.v7i2.7.10757