UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 9
September-2021
eISSN: 2349-5162

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

7.95 impact factor calculated by Google scholar

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Published Paper ID:
JETIR2109013


Registration ID:
314657

Page Number

a70-a75

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Title

BLOCKCHAIN TECHNOLOGY: THE NEW TRUST PARADIGM AND AN OBJECT VIEW FOR INDIA

Abstract

This document provides a high-level technical overview of blockchain technology. Decentralized has become this year’s trending concept in the financial. In this article we tend to present an abstract framework to help software system architects, developers, and decision manufacturers to adopt the blockchain technology. In 2008, the idea of blockchain was combined with various computing technologies and concepts to create modern cryptocurrencies: cryptocurrencies protected by cryptographic mechanisms, rather than a vault, archive or central authority. The first blockchain-based cryptocurrency was Bitcoin. The representation of a cryptocurrency is tied to a digital address. Bitcoin users can digitally sign and transfer rights to this information to other users, and the Bitcoin blockchain publicly records this transfer, allowing all network participants to independently verify the accuracy of the information transactions. The Bitcoin blockchain is stored, maintained and managed by a jointly distributed group of participants, which, together with certain cryptographic mechanisms, makes it resistant to attempts to modify the ledger later (changing blocks or tampering with transactions).

Key Words

Cryptocurrency, Hash, Bitcoin, Block, NITI Aayog, World Economic Forum.

Cite This Article

"BLOCKCHAIN TECHNOLOGY: THE NEW TRUST PARADIGM AND AN OBJECT VIEW FOR INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 9, page no.a70-a75, September-2021, Available :http://www.jetir.org/papers/JETIR2109013.pdf

ISSN


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 TECHNOLOGY: THE NEW TRUST PARADIGM AND AN OBJECT VIEW FOR INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 9, page no. ppa70-a75, September-2021, Available at : http://www.jetir.org/papers/JETIR2109013.pdf

Publication Details

Published Paper ID: JETIR2109013
Registration ID: 314657
Published In: Volume 8 | Issue 9 | Year September-2021
DOI (Digital Object Identifier):
Page No: a70-a75
Country: Lucknow, Uttar Pradesh, India .
Area: Science & Technology
ISSN Number: 2349-5162
Publisher: IJ Publication


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