Abstract

Author(s): B. Muni Lavanya

The financial and technological industries are traverse through the possibilities in blockchain. A blockchain is a distributed ledger of all transactions in a bitcoin mined process. Blockchain is underlying technology of bitcoin. Blockchain provides security, anonymity and data integrity without intermediary organization, due to this reason it creates more interest to research on Blockchain. The objective of this study is to understand the current research topics, challenges and future directions of Blockchain technology from the perspective of applications of blockchain. Blockchain also offers the potential to become an essential component of the infrastructure for the Internet of Things.