Exploring Parallel Blockchains: From Related Concepts to Application Scenarios
Ziyi Zhang, Peng Fei Zhu · 2024
Within CPSS, traditional blockchain technology encounters scalability and flexibility issues. With its multi-chain structure, parallel blockchain provides an innovative way to address these problems. This paper examines the foundational ideas and architectures of the parallel blockchain, highlighting the possible uses in intelligent transportation, smart healthcare, the IoT and financial transaction. The research also supplements the relevant concepts of DAO and explores the application of these technologies in intricate CPSS contexts. Parallel blockchain solves the shortcomings brought about by the absence of effective modeling and experimental techniques in traditional blockchain by integrating virtual and real systems and using a bidirectional guidance approach to test and optimize real systems. The paper concludes by summarizing recent research findings and talking about the potential for parallel blockchain applications in increasingly complex systems that span multiple domains in the future.