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:
JETIRCU06084


Registration ID:
217975

Page Number

418-420

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Title

ISSUES AND CHALLENGES IN BLOCKCHAIN TECHNOLOGY

Abstract

When the whitepaper Bitcoin was released by Satoshi Nakomoto in 2008 describing a "purely peer-to-peer version of electronic cash" known as Bitcoin, Blockchain technology made its public debut. Blockchain has since been considered an emerging technology for the sharing of decentralized and transactional data across a large network of untrusted participants. It allows new forms of distributed software architectures where it is possible to reach agreement on shared states without trusting a central point of integration. It allows the creation of a decentralized environment where no third party organization controls the transaction and data. Any transaction that has ever been completed will be recorded with a time stamp and other details in a public ledger in a verifiable, secure, transparent and permanent manner. For these features blockchain developed into one of today's largest groundbreaking technologies with potential to impact every industry from financial to manufacturing to educational institutions. Blockchain technology has already changed the lifestyle of people in some areas in recent years due to its great influence on many businesses or industries, and what it can do will continue to cause impact in many places. While Blockchain technology features may bring us more reliable and convenient services, the security issues and challenges behind this innovative technique are also an important topic that we need to be concerned about.

Key Words

Proof-of-work; Bitcoin; Smart contracts.

Cite This Article

"ISSUES AND CHALLENGES IN BLOCKCHAIN TECHNOLOGY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.418-420, May 2019, Available :http://www.jetir.org/papers/JETIRCU06084.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

"ISSUES AND CHALLENGES IN 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. pp418-420, May 2019, Available at : http://www.jetir.org/papers/JETIRCU06084.pdf

Publication Details

Published Paper ID: JETIRCU06084
Registration ID: 217975
Published In: Volume 6 | Issue 5 | Year May-2019
DOI (Digital Object Identifier):
Page No: 418-420
Country: Chennai, Tamil Nadu, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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