A Study on the Fundamentals of Block-Chain Technology

Patil, Pallavi Nitin

doi:https://doi.org/10.55041/ijsmt.v2i5.122

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A STUDY ON THE FUNDAMENTALS OF BLOCK-CHAIN TECHNOLOGY

AUTHORS:

Pallavi Nitin Patil

Mentor

Affiliation

ME (Computer Engineering) Thane

DOI: 10.55041/ijsmt.v2i5.122

CC BY 4.0 License:

This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Abstract

The Block chain is basically decentralized technology and Block chain has distributed ledger that secure and transparent transactions without using central authority. mostly block chain developed for Bitcoin. Blockchain has initially used different applications in multiple industries like healthcare, finance, supply chain management. This paper presents a basic study of block chain Technology including basic block chain architecture, consensus mechanisms,and operation flow. This also gives real world applications.

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This article has undergone plagiarism screening and double-blind peer review. Editorial policies have been followed. Authors retain copyright under CC BY-NC 4.0 license. The research complies with ethical standards and institutional guidelines.

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