Research Area:  Blockchain Technology

Abstract:

As a decentralized distributed ledger, blockchain has developed rapidly since its birth and has been highly valued by governments, academia, and industry. Start in the financial field, blockchain technology has been rapidly applied to various fields such as the Internet of Things, supply chain, and healthcare. Blockchain technology has made sufficient development and innovation, but it also faces many challenges, such as security, scalability, and waste of resources. This paper starts with the development history of blockchain and combines the characteristics and technical principles of it to analyze the current academic research status and application scenarios. Meanwhile, this paper analyzes the existing outstanding blockchain projects and elaborates on their key advantages and current challenges. With discussing the ongoing development trend of blockchain, the development direction, and the research trend of blockchain in the future, this paper provides a useful reference for related research.

Keywords:  

Author(s) Name:  Yijun Zou; Ting Meng; Peng Zhang; Wenzhen Zhang; Huiyang Li

Publisher name:  IEEE

DOI:  10.1109/ACCESS.2020.3030491

Volume Information:  ( Volume: 8) Page(s): 187182 - 187201

Paper Link:   https://ieeexplore.ieee.org/abstract/document/9220919