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ANALYSIS OF CLOUD COMPUTING BASED BLOCKCHAIN ISSUES AND CHALLENGES

Daniel Mago Vistro, Attique Ur Rehman, Adnan Abid, Muhammad Shoaib Farooq, Muhammad Idrees

202010 citations

Abstract

Block chain is the technology that backs up cloud computing and internet of things in most cases such as cryptocurrency. It is often known as a public and decentralized ledger. The blockchain technology stores data in the form of blocks based on its type and data programming, these blocks are linked together, thus, named as blockchain. Some case studies where blockchain has been successfully used such as in the sectors of public health, public safety, smart cities, supply chains etc. but have revealed that blockchain remains at the heart of bitcoin. The compilation does not highlight the issues and challenges of blockchain despite its need. The data is retrieved with corresponding technology of IoT and Cloud Computing. This article discusses the ability of blockchain to facilitate various walks of life other than just banking and finance. The article builds strong foundation for blockchain by acknowledging its abilities and the phenomenal potentials that it holds.

Topics & Concepts

BlockchainCloud computingCryptocurrencyComputer securityDistributed ledgerComputer scienceBlock (permutation group theory)The InternetInternet of ThingsBig dataSupply chainData scienceInternet privacyWorld Wide WebBusinessData miningMarketingOperating systemGeometryMathematicsBlockchain Technology Applications and Security
ANALYSIS OF CLOUD COMPUTING BASED BLOCKCHAIN ISSUES AND CHALLENGES | Litcius