Exploring Parallel Blockchains: From Related Concepts to Application Scenarios

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.

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Publication Details

Published
2024-10-18
DOI
https://doi.org/10.1109/dtpi61353.2024.10778750
Citations
1
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.78

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article

Exploring Parallel Blockchains: From Related Concepts to Application Scenarios

Zhendong Zhang, Peng Zhu
1 citations
Blockchain Technology Applications and Security
0.78
article

Exploring Parallel Blockchains: From Related Concepts to Application Scenarios

Zhendong Zhang, Peng Zhu
article en
1 citations

Abstract

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.

Nanjing University of Science and Technology (CN)
National Natural Science Foundation of China, Social Science Foundation of Jiangsu Province, Technology Development
Openalex Percentile: Top 19%
Blockchain Technology Applications and Security
0.78
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