| dc.description.abstract | Blockchain technology is no longer a nascent buzzword in digital cryptocurrencies
and has matured a long way through innovation over the years. The journey of
evolution has been long starting from the days of Merkle tree to Bitcoin development,
blockchain transaction, development of Ethereum blockchain, innovation of smart
contracts and hyperledger, development and implementation of decentralized
applications, Blockchain as a Service (BaaS) and so on and so forth.
It has come a long way since its incubation. The technology has shown the world its
benefits in securing data and gradual acceptance in every industry. The technological
growth in recent years has been inviting threats and vulnerabilities both internally as
well as externally. Well aside internal threats, corruption, scams and money
laundering cases are increasing day by day. Data transparency has been declining and
the data speculated may not be necessarily correct. Data can be changed, altered or
hacked for various monetary gains, personal enmity. Wrong data can be portrayed to
evade complications. In most of the cases, data is managed centrally, requires an
intervention of central authority. | en_US |
