Blockchain Frontier Technology (BFRONT)
Vol. 2 No. 2 (2023): Blockchain Frontier Technology

Challenges of Bitcoin Blockchain Technology in Real-World Apps

Fauzi, Rizky Amien (Unknown)
Nugroho, Indrawan (Unknown)
Saputro, Janu Ilham (Unknown)
Mahesa, Dimas (Unknown)
Fadhillah, Muhammad Daffa (Unknown)



Article Info

Publish Date
03 Nov 2022

Abstract

Blockchain is the newest innovation in the fields of internet of things, social media, and cloud computing. Blockchain has quickly become a force to be reckoned with thanks to its reputable uses and rapid development. However, the application of blockchain is not just restricted to bitcoin or other cryptocurrencies. This paper clarifies blockchain requirements outside of bitcoin. In addition, this study offers insights into the mechanics, problems, and evolution of blockchain technology based on a literature review. The difficulties or difficulties in applying blockchain technology to real-world applications were identified in this study. The main issue that needs to be solved is how to securely utilize blockchain technology on small-scale applications.For the secure deployment of the blockchain on small-scale applications or projects, the proposed consensus mechanism might be helpful.

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Journal Info

Abbrev

b-front

Publisher

Subject

Computer Science & IT Control & Systems Engineering Education Library & Information Science

Description

Security and privacy concerning blockchain technology, Blockchain theory, applications, and evolution, Smart contracts, Optimizing blockchain performance and decentralization, Ledgers and Distributed Technologies, Advanced Numerical Algorithms, Decentralized Data Storage, Data Complexity and ...