UGC Approved Journal no 63975(19)

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Published in:

Volume 5 Issue 9
September-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1809255


Registration ID:
188057

Page Number

784-786

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Title

Blockchain:Game changing Technology

Authors

Abstract

We all live in the Era of 4.0 web where disruptive technology like 3D printing self-driven cars virtual reality big data internet of things rules the world. Disruptive technologies are those technologies which replace the existing system or modify the major part of the existing system. The simple example of Disruptive Technology, computer replace typewriter, mobile phone replaced the pager and human beings replaced by robots. We have some techniques that will bring countless changes in people's lives for the coming decades, it is not social media or no big data or artificial intelligence, nor is its robotics. Here we are going to discuss, the one technology that change the entire concept of Digital Transaction, and in other words, we can call it the technology of digital currency. Talking about that is the name of the technology BLOCKCHAIN. When was the last time you bought a brand name item? Like a pair of sunglasses? Or a luxury watch? How could you tell that it was the real thing, and not a knockoff? Or let's say you wanted to make an investment in a multimillion-dollar work of art like a painting? Or sculpture? How could you guarantee that that work of art was actually done by the artist they claim? Or that it wasn't stolen? Having accurate information and a way to verify the sources of things when you're dealing in a situation of a transaction of value is essential. You need to have reliable systems that you can trust, which are tamper-proof. But in a world where we're dealing with Internet fraud, you're dealing with malware, you're dealing with hacks of major institutions like banks or organizations or Internet service providers are getting cyber hacked. How can you trust the quality and integrity of the information that you're getting? The answer is in a technology called Blockchain, and Blockchain can provide a single source of truth that's verifiable, tamper-proof and unchangeable.

Key Words

Blockchain,Application of Blockchain

Cite This Article

"Blockchain:Game changing Technology", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 9, page no.784-786, September-2018, Available :http://www.jetir.org/papers/JETIR1809255.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Blockchain:Game changing Technology", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 9, page no. pp784-786, September-2018, Available at : http://www.jetir.org/papers/JETIR1809255.pdf

Publication Details

Published Paper ID: JETIR1809255
Registration ID: 188057
Published In: Volume 5 | Issue 9 | Year September-2018
DOI (Digital Object Identifier):
Page No: 784-786
Country: Hamirpur, Himachal Pradesh, India .
Area: Science
ISSN Number: 2349-5162
Publisher: IJ Publication


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