A Survey on Low Latency Blockchain Architectures for Industrial Networks
Ikechi Saviour Igboanusi, Jae‐Min Lee, Dong‐Seong Kim · 2021 International Conference on Information and Communication Technology Convergence (ICTC) · 2021
Blockchain has emerged as a solution to the limitation of some centralized network problems. It has solved many of the limitation of the legacy architectures. However, Blockchain architectures has been notorious for their high latency which has made it unsuitable for low latency time critical systems which are common in the industries. In this paper we investigate the works of various authors that have tried reducing the latency of the blockchain network. This paper focuses on Blockchain in Industries. It provides a lucid insight into the recent paradigm blockchain latency enhancement. This paper also points out some of the open issues and research directions to achieve a true realtime blockchain architecture.