A Comprehensive Study on Blockchain and its Frameworks

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.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/upcon62832.2024.10983886
Citations
1
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.78
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A Comprehensive Study on Blockchain and its Frameworks

Naveen Kumar, Rajesh Kumar Kaushal, Aditi Sharma
1 citations
Blockchain Technology Applications and Security
0.78
article

A Comprehensive Study on Blockchain and its Frameworks

Naveen Kumar, Rajesh Kumar Kaushal, Aditi Sharma
article en
1 citations

Abstract

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.

Chitkara University (IN)
Openalex Percentile: Top 16%
Blockchain Technology Applications and Security
0.78
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