Applications of Blockchain Technology: A Review
Riya Sapra, Parneeta Dhaliwal · Proceedings of the 2022 Fourteenth International Conference on Contemporary Computing · 2022
The number of applications using Blockchain technology is rising at a rapid pace. Scientists are experimenting to use the technology in different domains and application areas. The technology provides data security and protects data from cyber attacks and threats. The technology brings trust in data without any third party. This article reviews applications that have adopted blockchain technology to automate and digitize their processes in 5 application domains: Crypto Currency, Financial Services, Government applications, Internet of Things and Entertainment. These application areas have adopted the technology for different processing and automation of work to add trust to the network of participants.