Comprehensive Study of Blockchain Technology - Architecture, Consensus and Future Trends

Authors

  • Shreya Joshi  Department of Computer Science and Engineering, Dr. Akhilesh Das Gupta Institute of Technology and Management (affiliated to Guru Gobind Singh Indraprastha University), New Delhi, India
  • Bhavyaa  Department of Computer Science and Engineering, Dr. Akhilesh Das Gupta Institute of Technology and Management (affiliated to Guru Gobind Singh Indraprastha University), New Delhi, India
  • Suhani Gupta  Department of Computer Science and Engineering, Dr. Akhilesh Das Gupta Institute of Technology and Management (affiliated to Guru Gobind Singh Indraprastha University), New Delhi, India
  • Mrs. Lalita Luthra  Assistant Professor, Department of Computer Science and Engineering, Dr. Akhilesh Das Gupta Institute of Technology and Management (affiliated to Guru Gobind Singh Indraprastha University), New Delhi, India

DOI:

https://doi.org//10.32628/CSEIT206292

Keywords:

Keywords: Blockchain, Decentralization, Consensus, Scalability.

Abstract

Blockchain is considered to be a disruptive core technology. Although many researchers have realized the importance of blockchain, but the research of it is still emerging. It is the record-keeping technology behind bitcoin and is one of the hottest and fastest growing skills in the IT sector today. It serves as an immutable ledger which allows transactions to take place in a decentralized man Blockchain-based applications are rising up, covering numerous fields including finance, healthcare, product management, Internet of Things (IoT), and many more. However, there are still some challenges of blockchain technology such as scalability and security problems which need to be overcome. This paper comprises of a comprehensive study of Blockchain technology. We have included here a deep dive into how blockchains work, its architecture, consensus and various applications. Furthermore, technical challenges are briefly listed.

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IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology

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Published

2020-04-30

Issue

Volume 6, Issue 2, March-April-2020

Section

Research Articles

License

Copyright (c) IJSRCSEIT

Creative Commons License

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

How to Cite

[1]
Shreya Joshi, Bhavyaa, Suhani Gupta, Mrs. Lalita Luthra, " Comprehensive Study of Blockchain Technology - Architecture, Consensus and Future Trends, IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 6, Issue 2, pp.319-325, March-April-2020. Available at doi : https://doi.org/10.32628/CSEIT206292