Concept of Blockchain Technology

Authors

  • Muhammad Anwar Hussain School of Computing, Faculty of Engineering Universiti Teknologi Malaysia 81310 UTM Johor Bahru, Johor, Malaysia
  • Muhammad Shafie Abd Latiff School of Computing, Faculty of Engineering Universiti Teknologi Malaysia 81310 UTM Johor Bahru, Johor, Malaysia
  • Syed Hamid Hussain Madni School of Computing, Faculty of Engineering Universiti Teknologi Malaysia 81310 UTM Johor Bahru, Johor, Malaysia
  • Raja Zuraidah Raja Mohd Rasi Faculty of Technology Management, Universiti Tun Hussein Onn Malaysia 86400 Parit Raja, Batu Pahat, Johor, Malaysia
  • Mohd Fairuz Iskandar Othman Faculty of Information & Communication Technology Universiti Teknikal Malaysia Melaka, Hang Tuah Jaya, 76100 Durian Tunggal Melaka, Malaysia

DOI:

https://doi.org/10.11113/ijic.v9n2.238

Keywords:

internet of things, bitcoin, digital signature, classification

Abstract

Blockchain, Bitcoin's core technology, and spinal cord have received enthusiastic attention since the last couple of decades. The Blockchain serves as a paradigm for distributed and unchangeable computations for bitcoins and cryptocurrencies. The key features behind this technology are to create a reliable, secure, transparent, decentralized, and reliable autonomous ecosystem. It is useful for a variety of applications, especially for legacy devices, resources, and infrastructure. In this article, we presented a technical overview, its application, and the challenges associated with blockchain technology and cryptocurrencies. This study aims to provide a ground-breaking overview and future research direction and promising importance of Blockchain.

Author Biography

Muhammad Anwar Hussain, School of Computing, Faculty of Engineering Universiti Teknologi Malaysia 81310 UTM Johor Bahru, Johor, Malaysia

School of Computing and Faculty of Engineering

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Published

2019-11-28

How to Cite

Hussain, M. A., Abd Latiff, M. S., Madni, S. H. H., Raja Mohd Rasi, R. Z., & Othman, M. F. I. (2019). Concept of Blockchain Technology. International Journal of Innovative Computing, 9(2). https://doi.org/10.11113/ijic.v9n2.238

Issue

Section

Computer Science