Cited by 3,651Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningDistributed systems and fault tolerance

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Blockchain challenges and opportunities: a survey

Zheng, Zibin, Xie, Shaoan, Dai, Hong Ning, Chen, Xiangping, Wang, Huaimin·2018·International Journal of Web and Grid Services

DOI 10.1504/ijwgs.2018.095647

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Abstract

Blockchain has numerous benefits such as decentralisation, persistency, anonymity and auditability. There is a wide spectrum of blockchain applications ranging from cryptocurrency, financial services, risk management, internet of things (IoT) to public and social services. Although a number of studies focus on using the blockchain technology in various application aspects, there is no comprehensive survey on the blockchain technology in both technological and application perspectives. To fill this gap, we conduct a comprehensive survey on the blockchain technology. In particular, this paper gives the blockchain taxonomy, introduces typical blockchain consensus algorithms, reviews blockchain applications and discusses technical challenges as well as recent advances in tackling the challenges. Moreover, this paper also points out the future directions in the blockchain technology.

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Authors: Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H.
Affiliations: Sun Yat-sen University (CN)
Macau University of Science and Technology (MO)
National University of Defense Technology (CN)
ORCID: Zheng, Zibin
Dai, Hong Ning
Chen, Xiangping
Wang, Huaimin
Venue: International Journal of Web and Grid Services
Publisher: Inderscience Publishers
Published: 2018
Volume: 14
Issue: 4
Pages: 352
ISSN: 1741-1106 (ISSN-L)
1741-1114
DOI: 10.1504/ijwgs.2018.095647
OpenAlex: W2897450989
Cited by: 3,651
References: 52
Citations by year: 2026: 235 · 2025: 453 · 2024: 569 · 2023: 618 · 2022: 494 · 2021: 493 · 2020: 425 · 2019: 294 · 2018: 65
FWCI: 513.79
Type: journal article
Language: en
Open access: closed
Locations: International Journal of Web and Grid Services (publishedVersion)
Topics: Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
Physical Sciences › Computer Science › Computer Networks and Communications › Distributed systems and fault tolerance
Keywords: blockchain, decentralization (distributed systems), consensus algorithms, blockchain applications, cryptocurrency, financial services, risk management, Internet of Things, public services, technical challenges, auditability

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