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Study of Block Chain Technology and its Applications

Kambala Prudhviraj1 , K. Venkataramana2

Section:Survey Paper, Product Type: Journal Paper
Volume-07 , Issue-06 , Page no. 28-31, Mar-2019

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v7si6.2831

Online published on Mar 20, 2019

Copyright © Kambala Prudhviraj, K. Venkataramana . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: Kambala Prudhviraj, K. Venkataramana, “Study of Block Chain Technology and its Applications,” International Journal of Computer Sciences and Engineering, Vol.07, Issue.06, pp.28-31, 2019.

MLA Style Citation: Kambala Prudhviraj, K. Venkataramana "Study of Block Chain Technology and its Applications." International Journal of Computer Sciences and Engineering 07.06 (2019): 28-31.

APA Style Citation: Kambala Prudhviraj, K. Venkataramana, (2019). Study of Block Chain Technology and its Applications. International Journal of Computer Sciences and Engineering, 07(06), 28-31.

BibTex Style Citation:
@article{Prudhviraj_2019,
author = {Kambala Prudhviraj, K. Venkataramana},
title = {Study of Block Chain Technology and its Applications},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {3 2019},
volume = {07},
Issue = {06},
month = {3},
year = {2019},
issn = {2347-2693},
pages = {28-31},
url = {https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=862},
doi = {https://doi.org/10.26438/ijcse/v7i6.2831}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v7i6.2831}
UR - https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=862
TI - Study of Block Chain Technology and its Applications
T2 - International Journal of Computer Sciences and Engineering
AU - Kambala Prudhviraj, K. Venkataramana
PY - 2019
DA - 2019/03/20
PB - IJCSE, Indore, INDIA
SP - 28-31
IS - 06
VL - 07
SN - 2347-2693
ER -

           

Abstract

In the future most of market deals with the Blockchain Technology, because this technology has decentralized database that records the data such as finance contracts, physical assets, and supply chain information. It has achievement over the time and is currently dominated and used by Bitcoin. It is not a new technology but it shown up with the bitcoin, now a days some of the transactions are done with the cryptocurrency. It gives innovative solutions for FinTech Industry. This technology has energized the financial services industry globally. This concept already brought a disruption in the financial industry. Coming the some of the Industries, which already implementing this technology are, Deutsche Bank, DBS Bank, EBA (Euro Banking Association), US Federal Reserve are some of Financial Sector Banks are going to use this Technology in as like Digital Payments, Assets. This technology is Transparent Business way. So this is very secured and transparent. It is like as distributed ledger.

Key-Words / Index Term

Cryptocurrency, blockchain, distributed ledger, digital payments

References

[1] S. Nakamoto, “Bitcoin: A peer-to-peer electronic cash system,” 2008.
[2] Q. Lin, P. Chang, G. Chen, B. C. Ooi, K. Tan, and Z. Wang, “Towards a non-2pc transaction management in distributed database systems,” in Proceedings of ACM International Conference on Management of Data (SIGMOD), San Francisco, CA, USA, 2016, pp. 1659– 1674.Management of Data (SIGMOD), San Francisco, CA, USA, 2016, pp. 1659– 1674.
[3] Sachin M. Kolekar, Rahul P. More, Smita S. Bachal, Anuradha V. Yenkikar, “Review Paper on Untwist Blockchain: A Data Handling Process of Blockchain Systems”, International Conference of information, Communication, Engineering and Technology (ICICET).
[4] Stuart Haber, W. Scott Stronetta, Bellore, “How to Time-Stamp a Digital Document”.
[5] Mildred Chidinma Okoye “New Applications of blockchain technology to voting and lending”.
[6] A. Shanti Bruyn, Research Paper, “Blockchain an introduction”.