UGC Approved Journal no 63975(19)

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

Volume 6 Issue 5
May-2019
eISSN: 2349-5162

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

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Published Paper ID:
JETIRCN06012


Registration ID:
214921

Page Number

65-72

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Title

BLOCKCHAIN TECHNOLOGY

Abstract

A growing list of records which are linked using cryptography is called a Blockchain. These lists of records are called blocks. Every block in the chain contains three things: a cryptographic hash of the previous block, a timestamp, and the transaction data. By natural design, any block in the blockchain is resistant to any modification of the data. It is an open distributed ledger that can record the transferred data between any two parties efficiently. It is a verifiable, irreversible and permanent way. This blockchain is a technology that is typically managed by a peer-to-peer network that collectively adheres to a protocol for inter-node communication and validation of new blocks to be added to the chain. The blockchain technology was mainly believed to be invented for the usage of virtual money transactions. Bitcoin is a crypto currency which is a form of electronic virtual cash that offers a decentralized digital currency system. Being driven by the process that happens at the background of the Bitcoin blockchain, this paper mainly focuses on the usage of blockchain technology for voting process. Blockchain voting is also similar to analogue voting. Though, every nascent technology is viewed as a double-ended sword and has its own pros and cons. This paper highlights the ways in which voting can become more effective and more liable by involving the participation of every citizen.

Key Words

Cryptography, Blocks, Bitcoins, Transaction, Vote, Trust

Cite This Article

"BLOCKCHAIN TECHNOLOGY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.65-72, May - 2019, Available :http://www.jetir.org/papers/JETIRCN06012.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", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp65-72, May - 2019, Available at : http://www.jetir.org/papers/JETIRCN06012.pdf

Publication Details

Published Paper ID: JETIRCN06012
Registration ID: 214921
Published In: Volume 6 | Issue 5 | Year May-2019
DOI (Digital Object Identifier):
Page No: 65-72
Country: Chennai, Tamil Nadu, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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