Machine Learning and Blockchain – Challenges, Future Trends and Sustainable Technologies

Blockchain: A Sustainable Technology

Author(s): Renu Singh*, Ashlesha Gupta and Poonam Mittal

Pp: 1-22 (22)

DOI: 10.2174/9789815324211126010003

* (Excluding Mailing and Handling)

Abstract

In recent years, blockchain has become one of the most booming technologies. It has completely revolutionized industries and academia by creating a transparent system of trading money. The blockchain industry has started to get significant investments from corporations and tech mega-corporations. In the upcoming years, its net worth is expected to increase more than three times. Blockchain Technology has grown in popularity because of its trust, transparency, and data security. As a result, everyone, either from academics or industry, wants to learn the Blockchain. This chapter provides a detailed overview of Blockchain Technology, which will help researchers and scholars quickly understand Blockchain. Firstly, we introduce blockchain along with its history and a thorough understanding of different types of networks. Then, the definition of Blockchain, fundamentals, categories of Blockchain structure, characteristics, architecture, workflow, components, version, Blockchain protocols, and finally, applications of Blockchain are discussed.


Keywords: Blockchain technology, Consensus, Cryptography, Distributed, Decentralized applications.

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