TEJAS Journal of Technologies and Humanitarian Science

Ms.Anupma Malhotra
Research Scholar, Department of Computer Science, Dr. Bhimrao Ambedkar University, Agra

Author

Dr. Amit Singhal
Assistant Professor, Department of Computer Science, Dr. Bhimrao Ambedkar University, Agra

Author

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Abstract:

Blockchain technology has gained popularity recently. It is a decentralized, distributed, and oftentimes public, digital ledger that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. The structure of a blockchain is presented as having a database which is managed autonomously using a peer-to-peer network and a distributed time stamping server. The benefit of blockchain is evidence in terms of security, scalability, immutability and transparency. Blockchain has also shown its potential in industry and academia. Possible future directions are with respect to four areas: blockchain testing stop the tendency to centralization, big data analytics and blockchain application.

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