Customization of Bookkeeping system for Blockchain System Analysis: A Review

Kapil Kumar Joshi, Richa Pandey, Salil Bharany, Ateeq Ur Rehman, Nasser Taleb, Deepak Kalra · 2022 International Conference on Cyber Resilience (ICCR) · 2022

This paper proposes a blockchain system based on tokens, which streamlines the abstractions into a token structure, universally relevant. Every token's identity facilitates the implementation of governance and typical rollbacks, making more than half of the attacks non-defensible. As this method is based on tokens, with each transaction, the ownership is updated, and the system can be expanded parallel and transactions across chains are limitless. The mechanism for managing authority is flexible for the system proposed and this makes it suitable for regulations when the governance and supervision is adapted for accommodation of various scenarios of application.

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