Bitcoin and its Real Time Applications
Journal: International Journal of Science and Research (IJSR) (Vol.8, No. 8)Publication Date: 2019-08-05
Authors : Rishika Malli;
Page : 703-705
Keywords : open source; peer-to-peer P2P; cryptography; bitcoin; blockchain;
Abstract
The working design of Bitcoin transaction in peer-to-peer network is explained, the security features of Bitcoin including circulation and alteration in the previous Bitcoin transaction is illustrated. Results on the future application of Bitcoin and the possibility of replacement of Bitcoin are discussed. The important factors that determine the future of Bitcoin circulation, price, and scope in future are analyzed which only prove that Bitcoins are here to stay. Applications of Bitcoin include Bitcoins as a transmission of renewable energy such as solar energy, Bitcoin Satellite which enable the latest transaction data processed by the Bitcoin network, and Kryptoradio that facilitates the broadcasting of the transaction data and provide updates using radio waves.
Other Latest Articles
- Response of Different Potassium Application Rates on Growth, Yield, Carbohydrates and Protein Content of Mungbean (Vignaradiata L.)
- The Impact of Information and Communication Technology on Students Learning
- Analysis of Foreign Investment in the Economic Growth of the Republic of Uzbekistan
- Pressure Transients Test Analysis of Well OW-918 at Olkaria Domes Geothermal Field
- Role of Platelet Rich Plasma Therapy in Inoperable Rotator Cuff Problems of Shoulder in Elderly - A Case Series
Last modified: 2021-06-28 18:22:28