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Blockchain in a Nutshell: State-of-the-Art Applications and Future Research Directions
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Author(s): A. K. M. Bahalul Haque (North South University, Bangladesh)and Bharat Bhushan (Sharda University, India)
Copyright: 2021
Pages: 20
Source title:
Blockchain and AI Technology in the Industrial Internet of Things
Source Author(s)/Editor(s): Subhendu Kumar Pani (Krupajal Computer Academy, India & Biju Patnaik University of Technology, India), Sian Lun Lau (Sunway University, Malaysia)and Xingcheng Liu (Sun Yat-sen University, China)
DOI: 10.4018/978-1-7998-6694-7.ch009
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Abstract
Blockchain gets its name from being a series of blocks that are linked together to form a chain. Once the information has been added to the chain, it cannot be changed. There are several consensus protocols, and each of them is chosen based on the type of blockchain and the system requirements. With the rapid urbanization of the world, several economic, social, and environment-related issues have been raised. Smart cities are an emerging concept that holds the solution to these urban problems. Blockchain is such an innovation that can promote the development of smart cities. Along with its application in the internet of things, smart cities, and logistics, blockchain truly is state-of-the-art technology. Here, the authors aim to provide an in-depth look into this relatively new technology, beginning with blockchain's fundamentals and then covering the applications, issues, and future scope.
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