Chapter Nineteen: Blockchain components and concepts☆
Shubhani Aggarwal; Neeraj Kumar Thapar Institute of Engineering & Technology, Patiala, Punjab, India
Abstract
The blockchain architecture consists of various components like peer network, smart contract, membership, events, ledger, system integration, wallet, and system management. Several actors such as developer, user, architect, regulator, operator, membership services, etc. are present in a blockchain that provides a solution to a blockchain-based business network. Each actor and component present in a blockchain plays a major role to make the network more secure and reliable. In this chapter, we have described the functionality of blockchain components and concepts.
