The All-Pervasiveness of the Blockchain Technology

Nayana N M; V. Lavanya

The All-Pervasiveness of the Blockchain Technology

October 2024

Vol-10, Issue-5

Paper ID: 25060

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Computer Engineering

Keywords

blockchain bitcoin digital currency digital economy digital society smart city smart contract digital identity double-spending attack 51% attack Sybil attack

Abstract

Conceptually, the blockchain is a distributed database containing records of transactions that are shared among participating members. Each transaction is confirmed by the consensus of a majority of the members, making fraudulent transactions unable to pass collective confirmation. Once a record is created and accepted by the blockchain, it can never be altered or disappear. Nowadays the blockchain technology is considered as the most significant invention after the Internet. If the latter connects people to realize on-line business processes, the former could solve the trust problem by peer-to-peer networking and public-key cryptography. The purpose of this paper is to consider distinct use cases at the all-pervasive impact of blockchain technology and look at this as an inalienable part of our daily life.

License

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Author Information

#	Name	Institute / Affiliation
1	Nayana N M	CMR University, Bangalore
2	V. Lavanya	CMR University, Bangalore

How to Cite

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

APA Style

M, Nayana N & Lavanya, V. (2024). The All-Pervasiveness of the Blockchain Technology. International Journal of Advance Research and Innovative Ideas In Education, 10(5), 1173-1177.

MLA Style

M, Nayana N, and V. Lavanya. "The All-Pervasiveness of the Blockchain Technology." International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, 2024, pp. 1173-1177.

IEEE Style

Nayana N M and V. Lavanya, "The All-Pervasiveness of the Blockchain Technology," International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, pp. 1173-1177, 2024.

Vancouver Style

M Nayana N, Lavanya V.. The All-Pervasiveness of the Blockchain Technology. International Journal of Advance Research and Innovative Ideas In Education. 2024;10(5):1173-1177.

Harvard Style

M, Nayana N & Lavanya, V. (2024) 'The All-Pervasiveness of the Blockchain Technology', International Journal of Advance Research and Innovative Ideas In Education, 10(5), pp. 1173-1177.

Chicago Style

M, Nayana N and V. Lavanya. "The All-Pervasiveness of the Blockchain Technology." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 1173-1177.

Turabian Style

M, Nayana N and V. Lavanya. "The All-Pervasiveness of the Blockchain Technology." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 1173-1177.