Advanced Applications Of Blockchain Technology
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Advanced Applications of Blockchain Technology
This contributed volume discusses diverse topics to demystify the rapidly emerging and evolving blockchain technology, the emergence of integrated platforms and hosted third-party tools, and the development of decentralized applications for various business domains. It presents various applications that are helpful for research scholars and scientists who are working toward identifying and pinpointing the potential of as well as the hindrances to this technology.
Advanced Applications Of Blockchain Technology
Author: Dr. Premendra J. Bansod
language: en
Publisher: Academic Guru Publishing House
Release Date: 2023-09-15
Blockchain is an emerging technology that has the potential to significantly enhance the safety of transactions across a variety of transaction networks, including banking, supply chain, and others. By the year 2030, it is anticipated that Blockchain technology will have contributed $3.1 trillion in new company value. It serves as the foundation for a dynamic distributed ledger, which is something that can be used to cut down on the amount of time spent documenting transactions between parties, eliminate the expenses that are associated with intermediaries, and lower the danger of fraud and tampering. This book’s objective is to provide a comprehensive examination of the many ways in which blockchain technology might be adapted to, and used for practical business applications. Blockchain technology is gaining traction in all industries that do high-volume transactions daily. This book covers all there is to know about blockchain technology and may be used by computer science postgraduate students, researchers, and practitioners at both the fundamental and intermediate levels. It demonstrates the quick progress that has been accomplished in the current business model by employing the principles of blockchain technology. This book examines both the theoretical underpinnings of Blockchain technology as well as its practical implementations. Readers will get an understanding of the trust model, distributed ledger, and decentralized peer-to-peer network that are characteristics of Blockchain technology. They will also get familiar with the fundamental elements of Blockchain technology, including transactions, blocks, block headers, and chains; Blockchain's operations, including hashing, verification, validation, and consensus models; Blockchain's underlying algorithms; and the fundamentals of trust, including hard forks and soft forks. The principles of Smart Contracts, Proof of Work, and Proof of Stack will also be presented, along with the introduction of public and private Blockchain networks that are analogous to Bitcoin and Ethereum.
Sustainable and Advanced Applications of Blockchain in Smart Computational Technologies
This book concentrates on the sustainable applications of the Blockchain Technology across multiple latest computational knowledge domains. It covers the feasible and practical collaboration of Blockchain Technology with latest Sustainable Smart Computing Technologies. It will target the vast applications of Blockchain in the field of Internet of Things, Artificial Intelligence, and Cybersecurity. The book effectively provides satisfactory information about the essentials of Blockchain and IoT to a typical pursuer alongside encouraging an examination researcher to distinguish some modern issue regions that rise up out of the intermingling of the two advancements. Besides, the creators talk about pertinent application zones, for example, smart city, e-social insurance, and so forth along the course of the book. • Covers the recent advancements in Blockchain technology • Discusses the applications of Blockchain technology for real life problems • Address the challenges related to implementation of Blockchain technology • Includes case studies • Includes the latest trends and area of research in Blockchain Technology This book is primarily aimed at graduates, researchers and professions working in the field of blockchain technology.