Chapter 17: An in-depth look at blockchain technology: Architecture and security concerns

Ananya Banerjee    Department of Computer Science, Kalyani Government Engineering College, Kalyani, West Bengal, India

Abstract

Blockchain has become a buzzword for the 21st century, even though it is still an inchoate technology. Its architectural qualities have given it a stronghold in the commercial, financial, government, and academic sectors. When it comes to security, the structures of blockchain technology like decentralization, cryptocurrency, and consensus are significant. Blockchain is a combination of blocks of transactions that are validated and verified by the process of consensus. Organizations and businesses can use it for cost-cutting, ...

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