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Implementation of blockchain technologies in the nonfinancial area

Journal: Science and Education (Vol.2, No. 5)

Publication Date:

Authors : ; ;

Page : 310-313

Keywords : BlockChain; Bitcoin; Decentralized applications; Counterfeit; Smart contract;

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This thesis is devoted to the analysis of the application of blockchain technology in non-financial areas. The distributed ledger functionality coupled with security of BlockChain, makes it very attractive technology to solve the current Financial as well as non-financial business problems.Bitcoin, with its phenomenal popularity, has aroused interest among almost all financial institutions and businessmen. There is enormous interest in BlockChain based business applications and hence numerous Start-ups working on them. Today, there are several successfully implemented systems based on blockchain technology. Some such systems are mentioned in this thesis. Their activities, achievements, advantages and disadvantages are listed.

Last modified: 2021-06-01 13:38:53