A PRIMER ON BLOCKCHAIN

Authors

  • Matthew N. O. Sadiku Roy G. Perry College of Engineering Prairie View A&M University Prairie View, TX 77446
  • Yonghui Wang Roy G. Perry College of Engineering Prairie View A&M University Prairie View, TX 77446
  • Suxia Cui Roy G. Perry College of Engineering Prairie View A&M University Prairie View, TX 77446
  • Sarhan M. Musa Roy G. Perry College of Engineering Prairie View A&M University Prairie View, TX 77446 U.S.A

DOI:

https://doi.org/10.7324/IJASRE.2018.32610

Keywords:

Blockchains, Bitcoin, Distributed Systems, Distributed Ledger Technology.

Abstract

Originally developed as the accounting method for the virtual currency Bitcoin, Blockchains are appearing in a variety of commercial applications today. Blockchain technology is a type of distributed digital ledger that uses encryption to make entries permanent and tamper-proof and can be programmed to record financial transactions. It is used for secure transfer of money, assets, and information via a computer network such as the Internet without requiring a third-party intermediary. It is now being adopted across financial and non-financial sectors. As a catalyst for change, the Blockchain technology is going to change the business world and financial matters in major ways. This paper provides an introduction to Blockchain.

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How to Cite

Sadiku, M. N. O. ., Wang, Y. ., Cui, S. ., & Musa, S. M. . (2018). A PRIMER ON BLOCKCHAIN. International Journal of Advances in Scientific Research and Engineering (IJASRE), ISSN:2454-8006, DOI: 10.31695/IJASRE, 4(2), 40–44. https://doi.org/10.7324/IJASRE.2018.32610