January 2021
Intermediate to advanced
516 pages
14h 7m
English
book
The Blockchain Technology for Secure and Smart Applications across Industry Verticals
by Neeraj Kumar, Shubhani Aggarwal, Pethuru Raj
Content preview from The Blockchain Technology for Secure and Smart Applications across Industry Verticals
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Chapter Nine: Architecture of blockchain☆
Shubhani Aggarwal; Neeraj Kumar Thapar Institute of Engineering & Technology, Patiala, Punjab, India
Abstract
A blockchain technology allows untrusting parties with common interests to cocreate a permanent, unchangeable, and transparent record of exchange and processing without relying on a central authority. It serves as an immutable ledger that allows transactions to take place in a decentralized manner and secured by cryptographic primitives. Its exceptional characteristics include irreversibility, decentralization, persistence, and anonymity. With these advantages, it has found applications in almost all fields requiring data sharing among multiple parties but with secure authentication, ...
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