Blockchain and its Methodologies: Future Digital Transformation
Dhanush Surya Deva Reddy Tummuru, P. N. V. L. S. Sneha Sree, Sreeja Pothula, Yellay Johan Thomas, Anne Venkata Praveen Krishna, Vijay Kumar Burugari · 2023
The transformation the world with digitalization is today's scenario for the exchange of many activities of stakeholders for ease and portability. Converting this digitalization to another level in terms of currency or value and transforming securely will be a big challenge in the future days. The terms of information sharing from one end to another end through multiple scenarios in confidential and authentication mode are completely addressed. In this connection, Blockchain addresses all the questions arising along the way. Blockchain means a block that contains the information, which creates multiple repositories, in turn, technology used for high-security purposes, which is believed to be the next revolution of the internet. Blockchain stores information across the network, not just decentralized but distributed, which cannot be easily modified and is difficult to access without prior permission to update or corrupt. This research study mainly focuses on how the blockchain will be used in many fields, and play a crucial role for future purposes but not limited to including records maintenance, banking transactions, balloting, e-commerce, etc.