Book Reviews

Blockchain can serve as a good foundation for applications based on transactions as well as interactions and can help to solve most of the security vulnerabilities together with traceability. It means that blockchain can act as a common platform for communication and interoperability among devices, enabling seamless data exchange. Blockchain technology has been applied in a variety of fields due to its capability of establishing trust in a decentralized platform. It has already established itself in developing various new complex decentralized software systems. Integrating blockchain (BC), artificial intelligence (AI), and Internet of Things (IoT) provides a promising new research and development direction together with capital investments. Each of these technologies is coming forward with new engineering challenges, e.g. understanding the requirements related to trust and ethics, system resilience towards unpredictable market behavior, or development of ultra-long-term software systems.

Publication Details

Journal
IEEE Communications Magazine
Published
2024-10-01
DOI
https://doi.org/10.1109/mcom.2024.10713149
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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Book Reviews

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IEEE Communications Magazine
Blockchain Technology Applications and Security
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Abstract

Blockchain can serve as a good foundation for applications based on transactions as well as interactions and can help to solve most of the security vulnerabilities together with traceability. It means that blockchain can act as a common platform for communication and interoperability among devices, enabling seamless data exchange. Blockchain technology has been applied in a variety of fields due to its capability of establishing trust in a decentralized platform. It has already established itself in developing various new complex decentralized software systems. Integrating blockchain (BC), artificial intelligence (AI), and Internet of Things (IoT) provides a promising new research and development direction together with capital investments. Each of these technologies is coming forward with new engineering challenges, e.g. understanding the requirements related to trust and ethics, system resilience towards unpredictable market behavior, or development of ultra-long-term software systems.

IEEE Communications MagazineVol. 62(10)
Openalex Percentile: Top 73%
Blockchain Technology Applications and Security
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