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Visualisation of Blockchain Concepts

Visualisation of Blockchain Concepts

Divi Anand, Isha Kaushik, Jasmehar Singh Mann, Ritu Punhani, Ishika Punhani
Copyright: © 2023 |Pages: 21
ISBN13: 9781668452554|ISBN10: 1668452553|ISBN13 Softcover: 9781668452592|EISBN13: 9781668452561
DOI: 10.4018/978-1-6684-5255-4.ch002
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MLA

Anand, Divi, et al. "Visualisation of Blockchain Concepts." Applying AI-Based IoT Systems to Simulation-Based Information Retrieval, edited by Bhatia Madhulika, et al., IGI Global, 2023, pp. 32-52. https://doi.org/10.4018/978-1-6684-5255-4.ch002

APA

Anand, D., Kaushik, I., Mann, J. S., Punhani, R., & Punhani, I. (2023). Visualisation of Blockchain Concepts. In B. Madhulika, B. Surabhi, P. Tanwar, & K. Kaur (Eds.), Applying AI-Based IoT Systems to Simulation-Based Information Retrieval (pp. 32-52). IGI Global. https://doi.org/10.4018/978-1-6684-5255-4.ch002

Chicago

Anand, Divi, et al. "Visualisation of Blockchain Concepts." In Applying AI-Based IoT Systems to Simulation-Based Information Retrieval, edited by Bhatia Madhulika, et al., 32-52. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-5255-4.ch002

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Abstract

A blockchain is a growing list of documents, called blocks, that can be cryptographically related together. A cryptographic hash of the previous block, a timestamp, and transaction data are all protected in every block. The project's purpose is to supply a web app that demonstrates blockchain fundamentals that include transaction verification and hash generation. The reason of blockchain generation is to provide a chain of sequentially ordered data blocks that are stored in a decentralised manner through all community contributors (nodes). A block of facts is formed while the nodes solution, a complex mathematical assignment (evidence of labour) that is stipulated via a consensus strategy, is cryptographically blanketed. Because everything that happens on blockchain is encrypted, there's no doubt that it provides next-level encryption. Similarly, tampering with the data on the blockchain is impossible. To be safe, you can check file signatures on all nodes across all ledgers in the network to make sure they haven't changed.

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