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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREMWP7084

Blockchain Unleashed: Exploring its Multifaceted Applications and the Dynamics of Proof-of-Work

Stream/Area:

-

Subject:

-

Paper ID:

IJSREMWP7084

Volume:

7 |

12 |

Dec 2023

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

MS

MANAVJEET SINGH

NR

NEHA RAJPUT

SR

SHVETA RATTANPAL

S

SHIVANI

SS

SACHIN SHARMA

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Abstract

In a range of sectors, such as banking, healthcare, and the Internet of Things, we have seen several data security and confidentiality issues. So, it is revealed that blockchain can provide a solution to the security problem. Thanks to the distributed database technology known as a blockchain, a trusted third party are not required for secure and transparent transactions between parties. The integrity of the chain is ensured by the cryptographic hash of each block in the chain, which makes each one tamper-proof. Blockchain technology has the potential to revolutionize a wide range of industries, from finance to healthcare, by providing a secure, efficient, and transparent method of storing and transmitting data and value. After reading the research on blockchain applications in different fields, we will highlight some of the major advantages we understand

KEYWORDS

Blockchain banking finance security integrity tamper-proof

Cite This Article

MANAVJEET SINGH, NEHA RAJPUT, SHVETA RATTANPAL, SHIVANI, SACHIN SHARMA, "Blockchain Unleashed: Exploring its Multifaceted Applications and the Dynamics of Proof-of-Work," International Journal of Scientific Research in Engineering and Management, vol. 7, no. 12, Dec 2023.

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1/11/2023

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