Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey
Blockchain being a leading technology in the 21st century is revolutionizing each sector of life. Services are being provided and upgraded using its salient features and fruitful characteristics. Businesses are being enhanced by using this technology. Countries are shifting towards digital currencie...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-07-01
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| Series: | Applied Sciences |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2076-3417/11/14/6252 |
| _version_ | 1827688030029217792 |
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| author | Sumaira Johar Naveed Ahmad Warda Asher Haitham Cruickshank Amad Durrani |
| author_facet | Sumaira Johar Naveed Ahmad Warda Asher Haitham Cruickshank Amad Durrani |
| author_sort | Sumaira Johar |
| collection | DOAJ |
| description | Blockchain being a leading technology in the 21st century is revolutionizing each sector of life. Services are being provided and upgraded using its salient features and fruitful characteristics. Businesses are being enhanced by using this technology. Countries are shifting towards digital currencies i.e., an initial application of blockchain application. It omits the need of central authority by its distributed ledger functionality. This distributed ledger is achieved by using a consensus mechanism in blockchain. A consensus algorithm plays a core role in the implementation of blockchain. Any application implementing blockchain uses consensus algorithms to achieve its desired task. In this paper, we focus on provisioning of a comparative analysis of blockchain’s consensus algorithms with respect to the type of application. Furthermore, we discuss the development platforms as well as technologies of blockchain. The aim of the paper is to provide knowledge from basic to extensive from blockchain architecture to consensus methods, from applications to development platform, from challenges and issues to blockchain research gaps in various areas. |
| first_indexed | 2024-03-10T09:47:15Z |
| format | Article |
| id | doaj.art-b67d490d744248629940e848907300a0 |
| institution | Directory Open Access Journal |
| issn | 2076-3417 |
| language | English |
| last_indexed | 2024-03-10T09:47:15Z |
| publishDate | 2021-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Applied Sciences |
| spelling | doaj.art-b67d490d744248629940e848907300a02023-11-22T03:06:46ZengMDPI AGApplied Sciences2076-34172021-07-011114625210.3390/app11146252Research and Applied Perspective to Blockchain Technology: A Comprehensive SurveySumaira Johar0Naveed Ahmad1Warda Asher2Haitham Cruickshank3Amad Durrani4Department of Computer Science, University of Peshawar, Peshawar 25000, PakistanDepartment of Computer Science, University of Peshawar, Peshawar 25000, PakistanDepartment of Computer Science, University of Peshawar, Peshawar 25000, PakistanInstitute of Communication Systems, University of Surrey, Guildford GU2 7JP, UKDepartment of Computer Science, University of Peshawar, Peshawar 25000, PakistanBlockchain being a leading technology in the 21st century is revolutionizing each sector of life. Services are being provided and upgraded using its salient features and fruitful characteristics. Businesses are being enhanced by using this technology. Countries are shifting towards digital currencies i.e., an initial application of blockchain application. It omits the need of central authority by its distributed ledger functionality. This distributed ledger is achieved by using a consensus mechanism in blockchain. A consensus algorithm plays a core role in the implementation of blockchain. Any application implementing blockchain uses consensus algorithms to achieve its desired task. In this paper, we focus on provisioning of a comparative analysis of blockchain’s consensus algorithms with respect to the type of application. Furthermore, we discuss the development platforms as well as technologies of blockchain. The aim of the paper is to provide knowledge from basic to extensive from blockchain architecture to consensus methods, from applications to development platform, from challenges and issues to blockchain research gaps in various areas.https://www.mdpi.com/2076-3417/11/14/6252blockchainapplicationsconsensus mechanisms |
| spellingShingle | Sumaira Johar Naveed Ahmad Warda Asher Haitham Cruickshank Amad Durrani Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey Applied Sciences blockchain applications consensus mechanisms |
| title | Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey |
| title_full | Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey |
| title_fullStr | Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey |
| title_full_unstemmed | Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey |
| title_short | Research and Applied Perspective to Blockchain Technology: A Comprehensive Survey |
| title_sort | research and applied perspective to blockchain technology a comprehensive survey |
| topic | blockchain applications consensus mechanisms |
| url | https://www.mdpi.com/2076-3417/11/14/6252 |
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