Survey on Understanding Blockchain Technology and its Applications

K. Mayukha · International Journal of Computer Applications · 2021

The gap between the technology and critical infrastructure is shooting up rapidly.As the online revolution is surpassing the offline reality, a bold new approach to the prevailing system is demanded to mitigate the growing speculations.With emerging technologies such as IoT, AI, Cloud, Robotics, etc, Blockchain Technology will conclusively become a fundamental pillar in driving Industry 4.0.With IoT as the new network and AI as the new brain, Blockchain Technology is a new link to revolution, which represents a new way of storing data and simultaneously performing immutable and secure transactions than the current internet.

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