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Conceptual Insights in Blockchain Technology: Security and Applications

Conceptual Insights in Blockchain Technology: Security and Applications

Anup Bihari Gaurav, Pushpendra Kumar, Vinod Kumar, Ramjeevan Singh Thakur
Copyright: © 2023 |Pages: 11
ISBN13: 9781668471326|ISBN10: 1668471329|EISBN13: 9781668471333
DOI: 10.4018/978-1-6684-7132-6.ch046
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MLA

Gaurav, Anup Bihari, et al. "Conceptual Insights in Blockchain Technology: Security and Applications." Research Anthology on Convergence of Blockchain, Internet of Things, and Security, edited by Information Resources Management Association, IGI Global, 2023, pp. 841-851. https://doi.org/10.4018/978-1-6684-7132-6.ch046

APA

Gaurav, A. B., Kumar, P., Kumar, V., & Thakur, R. S. (2023). Conceptual Insights in Blockchain Technology: Security and Applications. In I. Management Association (Ed.), Research Anthology on Convergence of Blockchain, Internet of Things, and Security (pp. 841-851). IGI Global. https://doi.org/10.4018/978-1-6684-7132-6.ch046

Chicago

Gaurav, Anup Bihari, et al. "Conceptual Insights in Blockchain Technology: Security and Applications." In Research Anthology on Convergence of Blockchain, Internet of Things, and Security, edited by Information Resources Management Association, 841-851. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-7132-6.ch046

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Abstract

The global popularity of digital cryptocurrencies and research in a decentralized system have led to the foundation of blockchain, which is fundamentally a public digital ledger to share information in a trustworthy and secure way. The concept and applications of blockchain have now spread from cryptocurrencies to various other domains, including business process management, smart contracts, IoT, and so on. Cryptocurrency is a mechanism designed to work for the online secure payments system using cryptography. Cryptography maintains confidentiality, integrity, and authentication. Cryptocurrency has come as a novel way of making payments that keep all the transactions secure and safe, which avoids any type of intermediaries such as a bank. This chapter will shed light on the concept of blockchain technology, security, and its applications in various domains.

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