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Mathematical Modeling Approaches for Blockchain Technology

K. Suresh Kumar, R Rajeswari, Ch. Vidyadhari, B. Santhosh Kumar

2020IOP Conference Series Materials Science and Engineering18 citationsDOIOpen Access PDF

Abstract

These days blockchain innovation has become a significant issue as of late and greatly affected the business. Even though blockchain innovations was reliable for security issues, advantageous administrations, and difficulties for procedure assumes a significant key job that we have to break down. To have a superior observation about this square chain innovation, we will find out about the essential security highlights like-expanded limit, better security, unchanging nature, quicker settlement, and decentralized framework. The range of blockchain applications limits from budgetary, human services, vehicle, chance administration, Internet of things to open and social administrations. In this paper, by examining its structure to various agreement calculations just as difficulties and openings, we endeavor to lead an expansive going review on blockchain innovation and also the few mathematical models behind this blockchain technology.

Topics & Concepts

BlockchainExpansiveComputer securitySettlement (finance)Computer scienceKey (lock)Limit (mathematics)BusinessWorld Wide WebMathematicsComposite materialMaterials sciencePaymentMathematical analysisCompressive strengthBlockchain Technology Applications and SecurityIoT and Edge/Fog ComputingInternet of Things and AI
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