This book discusses the various open issues of blockchain technology, such as the efficiency of blockchain in different domains of digital cryptocurrency, smart contracts, smart education system, smart cities, cloud identity and access, safeguard to cybersecurity and health care. For the first time in human history, people across the world can trust each other and transact over a large peer-to-peer networks without any central authority. This proves that, trust can be built not only by centralized institution but also by protocols and cryptographic mechanisms. The potential and collaboration between organizations and individuals within peer networks make it possible to potentially move to a global collaborative network without centralization. Blockchain is a complex social, economic and technological phenomenon. This questions what the established terminologies of the modern world like currency, trust, economics and exchange would mean. To make any sense, one needs to realize how much insightful and potential it is in the context and the way it is technically developed.
Due to rapid changes in accessing the documents through online transactions and transferring the currency online, many previously used methods are proving insufficient and not secure to solve the problem which arises in the safe and hassle-free transaction.
Blockchain - the technology behind the popular cryptocurrency bitcoin is revolutionizing the world and bringing significant changes in our technology and business environment. Blockchain is a tamper-proof, distributed and decentralized peer-to-peer technology that could track and verify digital transactions. It aims to bring in transparency, security and integrity of data. This most trusted, decentralized ledger finds it application in almost all the domains varying from finance, education, energy, supply chain, health care and many more.
Blockchain and Cybersecurity are two vivid technologies that have developed tremendous consideration in recent years. The Chapter 15 presents a structure of existing and possible utilization of blockchain-based cybersecurity solutions for attackers and defenders to evaluate whether the convergence will steer the results for one of these groups. It focuses on the blockchain architecture and clarifies the ideas and different features such as decentralization, trustworthiness, smart contracts, and immutability. It attempts to feature the role of Blockchain in molding the eventual fate of Cyber Security. It also deals with trending cryptocurrencies like bitcoin and Ethereum which are gaining prominence in the recent times and will revolutionize the way people trade.
This book is intended for the researchers, academicians, faculties, scientists, blockchain specialists, business management and software industry professionals who will find it beneficial for their research work and set new ideas in the field of blockchain. This book caters research work in many fields of blockchain engineering, and it provides an in-depth knowledge of the fields covered.
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