Chapter Seven

Consensus mechanisms and information security technologies

Peng Zhanga; Douglas C. Schmidtb; Jules Whiteb; Abhishek Dubeyb    a Department of Biomedical Informatics, Vanderbilt University Medical Center, Nashville, TN, United Statesb Institute for Software Integrated Systems, Vanderbilt University, Nashville, TN, United States

Abstract

Distributed Ledger Technology (DLT) helps maintain and distribute predefined types of information and data in a decentralized manner. It removes the reliance on a third-party intermediary, while securing information exchange and creating shared truth via transaction records that are hard to tamper with. The successful operation of DLT stems largely from two computer science technologies: consensus mechanisms ...

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