Cited by 1,627Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningDigital Transformation in Law

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Blockchain technology: principles and applications

Pilkington, Marc·2016·Research Handbook on Digital Transformations

DOI 10.4337/9781784717766.00019

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Abstract

This chapter expounds the main principles behind blockchain technology and some of its cutting-edge applications. We first present the core concepts of the blockchain. Secondly, we discuss a definition put forward by Vitalik Buterin, we sketch out the shift toward hybrid solutions, and we sum up the main features of decentralized crypto-ledger platforms. Thirdly, we show why the blockchain is a disruptive and foundational technology, but we expose the potential risks and drawbacks of public distributed ledgers that account for the shift toward hybrid solutions. Finally, we present a non-exhaustive list of important applications, bearing in mind the most recent developments.

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Authors: Pilkington, M.
Affiliations: Laboratoire d'économie de Dijon (FR)
Corresponding author: Pilkington, Marc
ORCID: Pilkington, Marc
Venue: Research Handbook on Digital Transformations
Publisher: Edward Elgar Publishing
Published: 2016-09-30
DOI: 10.4337/9781784717766.00019
OpenAlex: W2290426788
Cited by: 1,627
References: 3
Citations by year: 2026: 46 · 2025: 115 · 2024: 178 · 2023: 180 · 2022: 207 · 2021: 219 · 2020: 247 · 2019: 221 · 2018: 147 · 2017: 52 · 2016: 14
FWCI: 488.92
Type: book chapter
Language: en
Open access: closed
Locations: Edward Elgar Publishing eBooks (publishedVersion)
RePEc: Research Papers in Economics (submittedVersion)
Topics: Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
Social Sciences › Law › Digital Transformation in Law
Keywords: blockchain, distributed ledger technology, public blockchain, blockchain applications, disruptive technologies

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