A Comprehensive Study on Blockchain and its Frameworks
Aditi Sharma, Rajesh Kumar Kaushal, Naveen Kumar · 2024
The industrial applications of blockchain technology are examined in this paper, with particular attention on layered architecture and well-known frameworks such as Ethereum, Hyperledger, Corda, and Quorum. The paper highlights the main advantages and disadvantages of the present implementations by analyzing scalability, privacy, and governance across these frameworks. Research indicates that energy-efficient and scalable blockchain systems could significantly increase data security and transparency in sectors including supply chains, healthcare, and finance. Future blockchain improvements in interoperability and consensus efficiency may be able to address current issues and encourage more secure, effective data management across various domains.