Concept of Blockchain technology

• Main Authors: Hussain, Muhammad Anwar, Abd. Latiff, Muhammad Shafie, Madni, Syed Hamid Hussain, Raja Mohd. Rasi, Raja Zuraidah, Othman, Mohd. Fairuz Iskandar
• Format: Article
• Language: English
• Published: Penerbit UTM Press 2019
• Subjects: QA75 Electronic computers. Computer science
• Online Access: http://eprints.utm.my/id/eprint/85243/1/MuhammadShafieAbdLatiff2019_ConceptofBlockchainTechnology.pdf; http://eprints.utm.my/id/eprint/85243/; https://dx.doi.org/10.11113/ijic.v9n2.238
• Institution: Universiti Teknologi Malaysia

Blockchain, Bitcoin's core technology, and spinal cord have received enthusiastic attention since the last couple of decades. The Blockchain serves as a paradigm for distributed and unchangeable computations for bitcoins and cryptocurrencies. The key features behind this technology are to create a reliable, secure, transparent, decentralized, and reliable autonomous ecosystem. It is useful for a variety of applications, especially for legacy devices, resources, and infrastructure. In this article, we presented a technical overview, its application, and the challenges associated with blockchain technology and cryptocurrencies. This study aims to provide a ground-breaking overview and future research direction and promising importance of Blockchain.