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Blockchain Technology Overview and Applications

This document provides an overview of blockchain technology and its applications. It discusses how blockchain acts as a public ledger that everyone has access to without a central authority in control, allowing for collaboration with trust and transparency. It notes that some of the best known applications of blockchain are cryptocurrencies like Bitcoin, but that many other uses are possible. The document outlines that blockchain is considered a driving force for the next revolution in information technology, with many implementations available today each having strengths for specific domains. It provides topics that will be covered, including introductions to blockchains, digital currency, smart contracts, and Ethereum.

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Mani Deepak
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19 views2 pages

Blockchain Technology Overview and Applications

This document provides an overview of blockchain technology and its applications. It discusses how blockchain acts as a public ledger that everyone has access to without a central authority in control, allowing for collaboration with trust and transparency. It notes that some of the best known applications of blockchain are cryptocurrencies like Bitcoin, but that many other uses are possible. The document outlines that blockchain is considered a driving force for the next revolution in information technology, with many implementations available today each having strengths for specific domains. It provides topics that will be covered, including introductions to blockchains, digital currency, smart contracts, and Ethereum.

Uploaded by

Mani Deepak
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Blockchain Technology and Application

Telaprolu Mohan Sai Mani Deepak,


manideepak650@[Link], 7569406496, Y18IT104

Abstract. A blockchain is a public A blockchain is a public ledger to


ledger to which everyone has access which everyone has access but
but without a central authority having without a central authority having
control. It is an enabling technology control. It is an enabling technology
for individuals and companies to for individuals and companies to
collaborate with trust and collaborate with trust and
transparency. One of the best know transparency. One of the best know
applications of blockchains are the applications of blockchains are the
cryptographic currencies such as cryptographic currencies such as
Bitcoin and others, but many other Bitcoin and others, but many other
applications are possible. Blockchain applications are possible. Blockchain
technology is considered to be the technology is considered to be the
driving force of the next fundamental driving force of the next fundamental
revolution in information technology. revolution in information technology.
Many implementations of blockchain Many implementations of blockchain
technology are widely available technology are widely available
today, each having its particular today, each having its particular
strength for a specific application strength for a specific application
domain. The tutorial provides the domain.
participants with insights and
practical experience on Blockchain
technology and applications in 2 Themes and Topics
practice, as well as theory based The target audience will be students
exploration of possible business cases. and researchers interested in
Keywords: Blockchain, Bitcoin, Blockchains, the underlying concepts
Cryptographic currency, Blockchain and technologies, its impact on
applications. business models and possibilities for
process improvement, as well as
1 Introduction
practitioners aiming to learn theory
and practice on Blockchains
Smart contracts: what is a smart
contract, how can it be used?
This contains the following topics
Ethereum and solidity: a short
Introduction to blockchains: what is a
introduction to Ethereum and its
blockchain, what cryptographic
programming language solidity.
technologies are used, why does it
work?
Digital currency: how are blockchains
used as the backbone technology for
digital currencies like Bitcoin?

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