Research Area:  Blockchain Technology

Abstract:

Recently, blockchain technology has received much attention. This is because of the rise of cryptocurrencies such as Bitcoin and Eternium. The cryptocurrencies manage the transactions of the users as a set of blocks in a ledger using cryptography techniques. In these systems, peer-to-peer networks are used to manage communications among users. These networks are also used to update the ledger in a fully distributed fashion. In other words, the technology of peer-to-peer networks plays a key role in the architecture of the blockchain. Therefore, the first issue in designing blockchain architecture is to determine the required technologies and applications of peer-to-peer networks. The second issue is to organize a well-defined application development process for blockchain architecture. The last issue is to identify the key participants in the blockchain environments. In this section, we discuss the mentioned issues.

Keywords:  

Author(s) Name:  Ali Mohammad Saghiri

Publisher name:  Springer

DOI:  10.1007/978-981-13-8775-3_8

Volume Information:  pp 161–176

Paper Link:   https://link.springer.com/chapter/10.1007/978-981-13-8775-3_8