Blockchain: A detailed survey to explore innovative implementation of disruptive technology
DOI:
https://doi.org/10.4108/eai.13-7-2018.164858Keywords:
Blockchain, Crypto-currency, Disruptive technology, Distributed Ledger Technology (DLT), Minting, Ledger LayerAbstract
Blockchain technology is a major disruptive technology breakthroughs in the past two decade. This technology can be easily understood as a ledger of records which are irreversible and verifiable. The greatest impact of this application is in the massive generation of crypto-currencies. Over the years, block chain has proved to be more comprehensive and beneficial in more ways than one; not just as an archive of records or virtual currency domain. This paper comes up with a survey done to bring out the key developments of block chain into other domains of practice. Despite the most prevalent adoption of block chain happened to be financial and banking sector but there are researches and trials been done in many other sector by technology game changers. This paper will explore and present diverse uses of block chain in other domains, its impacts and the future course of implementation practices that may be tested.
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