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What is Decentralized Network

Chapter 85
Encyclopedia of Organizational Knowledge, Administration, and Technology
A computer network that all nodes are equal and no single node controls the entire network.
Published in Chapter:
Blockchain Technology and Its Applications
Ting Wang (Indiana University South Bend, USA), Liguo Yu (Indiana University South Bend, USA), and Yingmei Li (Harbin Normal University, China)
Copyright: © 2021 |Pages: 14
DOI: 10.4018/978-1-7998-3473-1.ch085
Abstract
Blockchain is an information technology solution for distributed digital record. Its main properties are secure, traceable, and transparent. Blockchain was first proposed for bitcoin, a decentralized virtual digital currency. Recently, blockchain draws attentions of researchers, entrepreneurs, and investors, because people found that blockchain technology can revolutionize many business practices. This paper describes the fundamentals of blockchain technology, including data structure, data distribution, and transaction execution and validation. This paper also discusses the representative blockchain protocols and development platforms. In addition, this paper outlines the potential applications of blockchain technology and the broader impact it might bring to industry, business, and beyond.
Full Text Chapter Download: US $37.50 Add to Cart
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Chapter 5
The Mobility Open Blockchain Initiative: Identity, Members, Technologies, and Future Trends
Networked computers with multiple trustworthy nodes and subsets which aid in providing consensus of data.
Published in Chapter: The Mobility Open Blockchain Initiative: Identity, Members, Technologies, and Future Trends; From: Revolutionary Applications of Blockchain-Enabled Privacy and Access Control
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 4
Access Control Challenges in Enterprise Ecosystems: Blockchain-Based Technologies as an Opportunity for Enhanced Access Control
A distributed network that lacks a central authority and maintains consensus between the participants in the network through consensus protocols.
Published in Chapter: Access Control Challenges in Enterprise Ecosystems: Blockchain-Based Technologies as an Opportunity for Enhanced Access Control; From: Global Cyber Security Labor Shortage and International Business Risk
Full Text Chapter Download: US $37.50 Add to Cart
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