Blockchain Technology the New Internet

Zaffar Ahmed Shaikh, Intzar Ali Lashari · Zenodo (CERN European Organization for Nuclear Research) · 2017

The blockchain is generally defined as publicly disclosed and linked ledger of online transactions that are performed in peer to peer network. Also, all the transactions executed in this public ledger are verified by the majority of the participants. Blockchain has brought a different approach to the data sharing and management. It has come up with the solutions to a number of problems that the digital world has been facing since long. Blockchain technology is highly efficient to transform a number of industries such as financial and non-financial ones.

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