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AbstractBlockchain technology has become a revolutionary distributed ledger technology withpotential applications in a wide range of industries. It was first made popular as the basis forcryptocurrencies like Bitcoin. Although blockchain is widely recognized for its use in digitalcurrencies its fundamental features—decentralization, immutability transparency andimproved security—offer substantial benefits for a range of non-cryptocurrency use cases. Thebasic ideas of blockchain technology including its architecture and underlying mechanisms(like smart contracts and consensus algorithms) are examined in this paper. It then dives deeplyinto a thorough examination of its many uses outside of the financial industry looking at howit affects voting systems supply chain management, healthcare digital identity intellectualproperty and more. Along with discussing future trends and research directions the paper alsoaddresses the current obstacles to widespread adoption including scalability, regulatoryuncertainty and integration complexities. By emphasizing blockchains adaptability andpotential advantages beyond its original use this paper seeks to present a comprehensiveanalysis of its developing importance as a disruptive technology.
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 0 | |
popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |