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International Journal of Web and Grid Services· 2018Q3· Review

Blockchain challenges and opportunities: a survey

Huaimin Wang, Zibin Zheng, Shaoan Xie, Hong‐Ning Dai et al.

Short summary

This survey provides a comprehensive overview of blockchain technology, categorizing its applications and discussing technical challenges and recent advances.

AI-generated from the title and abstract; the full text is not read.

Key points

  • Provides a taxonomy of blockchain technology.
  • Reviews typical blockchain consensus algorithms.
  • Discusses blockchain applications in cryptocurrency, finance, IoT, and public services.
  • Highlights technical challenges and recent advances in blockchain technology.

AI-generated from the title and abstract; the full text is not read.

Abstract

Blockchain has numerous benefits such as decentralisation, persistency, anonymity and auditability. There is a wide spectrum of blockchain applications ranging from cryptocurrency, financial services, risk management, internet of things (IoT) to public and social services. Although a number of studies focus on using the blockchain technology in various application aspects, there is no comprehensive survey on the blockchain technology in both technological and application perspectives. To fill this gap, we conduct a comprehensive survey on the blockchain technology. In particular, this paper gives the blockchain taxonomy, introduces typical blockchain consensus algorithms, reviews blockchain applications and discusses technical challenges as well as recent advances in tackling the challenges. Moreover, this paper also points out the future directions in the blockchain technology.

The authors' abstract, as published at the source. International Journal of Web and Grid Services, 2018 · DOI ↗

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Field: Information Systems

Information SystemsComputer Science