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Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey
- Source :
- Applied Sciences, Vol 11, Iss 6252, p 6252 (2021)
- Publication Year :
- 2021
- Publisher :
- MDPI AG, 2021.
-
Abstract
- Blockchain being a leading technology in the 21st century is revolutionizing each sector of life. Services are being provided and upgraded using its salient features and fruitful characteristics. Businesses are being enhanced by using this technology. Countries are shifting towards digital currencies i.e., an initial application of blockchain application. It omits the need of central authority by its distributed ledger functionality. This distributed ledger is achieved by using a consensus mechanism in blockchain. A consensus algorithm plays a core role in the implementation of blockchain. Any application implementing blockchain uses consensus algorithms to achieve its desired task. In this paper, we focus on provisioning of a comparative analysis of blockchain’s consensus algorithms with respect to the type of application. Furthermore, we discuss the development platforms as well as technologies of blockchain. The aim of the paper is to provide knowledge from basic to extensive from blockchain architecture to consensus methods, from applications to development platform, from challenges and issues to blockchain research gaps in various areas.
- Subjects :
- Consensus algorithm
blockchain
Technology
Blockchain
applications
Computer science
QH301-705.5
QC1-999
02 engineering and technology
Task (project management)
Distributed ledger
0202 electrical engineering, electronic engineering, information engineering
General Materials Science
Architecture
Biology (General)
Instrumentation
QD1-999
Fluid Flow and Transfer Processes
Process Chemistry and Technology
Physics
Perspective (graphical)
General Engineering
020206 networking & telecommunications
Provisioning
Engineering (General). Civil engineering (General)
Data science
Computer Science Applications
Chemistry
Digital currency
020201 artificial intelligence & image processing
TA1-2040
consensus mechanisms
Subjects
Details
- Language :
- English
- ISSN :
- 20763417
- Volume :
- 11
- Issue :
- 6252
- Database :
- OpenAIRE
- Journal :
- Applied Sciences
- Accession number :
- edsair.doi.dedup.....6c8a5725b93dee03af469b8a4db730f5