Aim and Scope

The role of Blockchain in various domain is to provide an improved security of data on a real-time basis. This concept of improved security is getting more popular and domains like, healthcare, automobile, banking, supply chain management and insurance have started implemented this for reducing the transaction time and improving the security. Blockchain is an emerging technology that integrates technologies and aspects coming from varied approaches. Huge number of interconnected devices and enormous data opens new opportunities to create services capable of bringing tangible benefits to the economy, environment, society and individual citizens.

Blockchain, a tamper resistant and distributed ledger that maintains consistent data records at different locations has the capability to address the different security concerns. Owing to the fault tolerance capabilities, decentralized architecture and cryptographic security benefits such as authentication, data integrity, pseudonymous identities, security analysts and researchers consider blockchain to resolve privacy and security issues. Blockchain is also used in identity management, voting, healthcare, government records and supply chain. Blockchain finds application in various economy sectors to build trust and has been applied successfully to digital cryptocurrencies. Hence blockchain technology is today’s world is becoming an emerging and disruptive future technology providing numerous opportunities to various industries.

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ISBN: 978-0-367-68560-7