15Advanced Topics for Blockchain-Based Applications: Open Issues, Technical, Legal, and Research Challenges
Amit Kumar Tyagi1*, Shabnam Kumari2 and Tanuj Surve3
1Department of Fashion Technology, National Institute of Fashion Technology, New Delhi, Delhi India
2Department of Computer Science, Faculty of Science and Humanities, SRM Institute of Science and Technology, Kattankulathur, Chennai, Tamil Nadu, India
3University of California, Berkeley, USA
Abstract
Today many emerging technologies like 5G, Quantum computing, Blockchain, Dew Computing etc., are changing the way to doing tasks as we do with current technologies. These technologies are far efficient and cost saving. This chapter explains advanced topics surrounding the implementation of blockchain-based applications, unraveling a tapestry of open issues, technical intricacies, legal issues, and ongoing research challenges. As blockchain technology matures, the pursuit of innovative applications encounters a spectrum of complexities that extend beyond the foundational principles. From a technical perspective, the chapter scrutinizes intricate challenges such as scalability, interoperability, and consensus mechanisms in blockchain architectures. It discusses evolving cryptographic techniques, privacy-preserving protocols, and the integration of emerging technologies to address the evolving demands of diverse applications. Legal issues in the realm of blockchain-based applications are dissected, emphasizing the need for ...
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