Everything You Wanted to Know about the Blockchain: Its Promise, Components, Processes, and Problems

Puthal, D; Malik, N; Mohanty, SP; Kougianos, E; Das, G

Everything You Wanted to Know about the Blockchain: Its Promise, Components, Processes, and Problems

Puthal, D

Malik, N Mohanty, SP Kougianos, E Das, G

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Publication Type:: Journal Article
Citation:: IEEE Consumer Electronics Magazine, 2018, 7 (4), pp. 6 - 14
Issue Date:: 2018-07-01

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Field	Value	Language
dc.contributor.author	Puthal, D https://orcid.org/0000-0002-8332-278X	en_US
dc.contributor.author	Malik, N	en_US
dc.contributor.author	Mohanty, SP	en_US
dc.contributor.author	Kougianos, E	en_US
dc.contributor.author	Das, G	en_US
dc.date.issued	2018-07-01	en_US
dc.identifier.citation	IEEE Consumer Electronics Magazine, 2018, 7 (4), pp. 6 - 14	en_US
dc.identifier.issn	2162-2248	en_US
dc.identifier.uri	http://hdl.handle.net/10453/131823
dc.description.abstract	© 2012 IEEE. In 2008, the emergence of the blockchain as the foundation of the first-ever decentralized cryptocurrency not only revolutionized the financial industry but proved a boon for peer-to-peer (P2P) information exchange in the most secure, efficient, and transparent manner. The blockchain is a public ledger that works like a log by keeping a record of all transactions in chronological order, secured by an appropriate consensus mechanism and providing an immutable record. Its exceptional characteristics include immutability, irreversibility, decentralization, persistence, and anonymity.	en_US
dc.relation.ispartof	IEEE Consumer Electronics Magazine	en_US
dc.relation.isbasedon	10.1109/MCE.2018.2816299	en_US
dc.rights	info:eu-repo/semantics/closedAccess
dc.title	Everything You Wanted to Know about the Blockchain: Its Promise, Components, Processes, and Problems	en_US
dc.type	Journal Article
utslib.citation.volume	4	en_US
utslib.citation.volume	7	en_US
utslib.for	0806 Information Systems	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Information, Systems and Modelling
utslib.copyright.status	closed_access	*
pubs.issue	4	en_US
pubs.publication-status	Published	en_US
pubs.volume	7	en_US

Abstract:

© 2012 IEEE. In 2008, the emergence of the blockchain as the foundation of the first-ever decentralized cryptocurrency not only revolutionized the financial industry but proved a boon for peer-to-peer (P2P) information exchange in the most secure, efficient, and transparent manner. The blockchain is a public ledger that works like a log by keeping a record of all transactions in chronological order, secured by an appropriate consensus mechanism and providing an immutable record. Its exceptional characteristics include immutability, irreversibility, decentralization, persistence, and anonymity.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/131823