Book chapter · Routledge eBooks · September 2, 2024

Unlocking the Future

Shayala Yasmin, Ardak N. Turginbayeva, Aijaz Ahmed Shaikh

Abstract

This chapter provides a comprehensive examination of Blockchain technology, tracing its evolution from the inception of Bitcoin in 2008 to its status as a potentially disruptive innovation across various economy subsectors. This chapter explains the foundational aspects of Blockchain, including its decentralized, immutable, and scalable ledger system, which ensures secure and transparent transactions without the need for intermediaries. The chapter further explores Blockchain technology’s varied definitions, types, and characteristics, emphasizing its potential to enhance efficiency, transparency, and security in transactions across public, private, and consortium Blockchain. The chapter categorizes Blockchain into three main types: public, private, and consortium, each providing a different perspective and offering various advantages regarding access control, transaction visibility, and governance. This chapter also highlights the key characteristics of Blockchain, such as decentralization, persistency, auditability, and anonymity, and how these traits contribute to the technology’s appeal across sectors, especially in healthcare, for ensuring data integrity and patient privacy.

Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningDigital Transformation in LawblockchainBitcoinpublic blockchain

Unlocking the Future

Abstract

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