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Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique

Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique

Randhir Kumar, Rakesh Tripathi
Copyright: © 2021 |Pages: 17
ISBN13: 9781799832959|ISBN10: 1799832953|ISBN13 Softcover: 9781799832966|EISBN13: 9781799832973
DOI: 10.4018/978-1-7998-3295-9.ch003
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MLA

Kumar, Randhir, and Rakesh Tripathi. "Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique." Opportunities and Challenges for Blockchain Technology in Autonomous Vehicles, edited by Amit Kumar Tyagi, et al., IGI Global, 2021, pp. 34-50. https://doi.org/10.4018/978-1-7998-3295-9.ch003

APA

Kumar, R. & Tripathi, R. (2021). Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique. In A. Tyagi, G. Rekha, & N. Sreenath (Eds.), Opportunities and Challenges for Blockchain Technology in Autonomous Vehicles (pp. 34-50). IGI Global. https://doi.org/10.4018/978-1-7998-3295-9.ch003

Chicago

Kumar, Randhir, and Rakesh Tripathi. "Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique." In Opportunities and Challenges for Blockchain Technology in Autonomous Vehicles, edited by Amit Kumar Tyagi, Gillala Rekha, and N. Sreenath, 34-50. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-3295-9.ch003

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Abstract

There are many critical applications working with blockchain-based technology including the financial sector, healthcare, and supply chain management. The fundamental application of blockchain is Bitcoin, which was primarily designed for the financial value transfer. Owing to the feature of decentralized storage structure, immutability, integrity, availability, and reliability of transactions, the blockchain has become the need of the current industry like VANET. However, presently, not much work has been done in order to mitigate the redundancy in the distributed ledger. Hence, the authors arrive at the intelligible conclusion to detect a similar transaction that can mitigate the redundancy of transaction in a distributed ledger. In this chapter, they are addressing two main challenges in blockchain technology: firstly, how to minimize the storage size of blockchain distributed ledger and, secondly, detecting the similar transaction in the distributed ledger to mitigate the redundancy. To detect similar transaction from the distributed ledger they have applied the average hash technique.

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