Blockchain Architecture to Support Recent Trends in Technology

Pankaj Kumar Singh; Rahul Biswas; Anirban Bhar; Shyamapriya Chatterjee

Blockchain Architecture to Support Recent Trends in Technology

August 2022

Vol-8, Issue-4

Paper ID: 18055

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Information Technology

Keywords

Blockchain Technology Decentralization Consensus methods Design phase.

Abstract

The blockchain technology that served as Bitcoin's model has recently attracted a lot of interest. A decentralized ledger that is immutable, the blockchain enables transactions to be recorded. Applications based on blockchain are emerging in many industries, including financial services, reputation management, Internet of Things (IoT), etc. But there are still a lot of difficulties with blockchain technology to be solved, including issues with scalability and security. This study provides a thorough understanding of blockchain technology. After providing a brief overview of blockchain architecture, we contrast a few common consensus methods used by various blockchains. Additionally, recent advancements and technological problems are briefly listed. The future must be blockchain. To maximize the advantages of blockchain systems, technological choices must be made at the design phase. The review gives guidance to the new blockchain research and the proposed unique framework enables a structured technique for resolving key technical design decisions for optimizing the benefits of blockchain systems in project management.

License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author Information

#	Name	Institute / Affiliation
1	Pankaj Kumar Singh	Narula Institute of Technology
2	Rahul Biswas	Narula Institute of Technology
3	Anirban Bhar	Narula Institute of Technology
4	Shyamapriya Chatterjee	Narula Institute of Technology

How to Cite

Use the following formats to cite this article in your research.

APA Style

Singh, Pankaj Kumar, Biswas, Rahul, Bhar, Anirban, & Chatterjee, Shyamapriya (2022). Blockchain Architecture to Support Recent Trends in Technology. International Journal of Advance Research and Innovative Ideas In Education, 8(4), 2249-2255.

MLA Style

Singh, Pankaj Kumar, et al. "Blockchain Architecture to Support Recent Trends in Technology." International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 4, 2022, pp. 2249-2255.

IEEE Style

Pankaj Kumar Singh, Rahul Biswas, Anirban Bhar, and Shyamapriya Chatterjee, "Blockchain Architecture to Support Recent Trends in Technology," International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 4, pp. 2249-2255, 2022.

Vancouver Style

Singh Pankaj Kumar, Biswas Rahul, Bhar Anirban, Chatterjee Shyamapriya. Blockchain Architecture to Support Recent Trends in Technology. International Journal of Advance Research and Innovative Ideas In Education. 2022;8(4):2249-2255.

Harvard Style

Singh, Pankaj Kumar, Biswas, Rahul, Bhar, Anirban, & Chatterjee, Shyamapriya (2022) 'Blockchain Architecture to Support Recent Trends in Technology', International Journal of Advance Research and Innovative Ideas In Education, 8(4), pp. 2249-2255.

Chicago Style

Singh, Pankaj Kumar, et al. "Blockchain Architecture to Support Recent Trends in Technology." International Journal of Advance Research and Innovative Ideas In Education 8, no. 4 (2022): 2249-2255.

Turabian Style

Singh, Pankaj Kumar, et al. "Blockchain Architecture to Support Recent Trends in Technology." International Journal of Advance Research and Innovative Ideas In Education 8, no. 4 (2022): 2249-2255.