University of the Cumberlands Data and Transaction Management Technology Discussion

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nouv8161

Computer Science

University of the Cumberlands

Description

Mastering Blockchain

Find a peer-reviewed scholarly journal article discussing blockchain technology. Complete a review of the article by writing a 2-3 page overview of the article. This will be a detailed summary of the journal article, including concepts discussed and findings. Additionally, find one other source (it does not have to be a peer-reviewed journal article) that substantiates the findings in the article you are reviewing. 

You should use the UC library or Google Scholar to find these types of articles (https://scholar.google.com/ )

Once you find the article, you will read it and write a review of it.  This is considered a research article review.

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Explanation & Answer

Please view explanation and answer below.

BLOCKCHAIN RESEARCH

1

Blockchain Research

Student Name
University of Phoenix
Course/Number
Date
Instructor Name

BLOCKCHAIN RESEARCH

2

Blockchain Research
Blockchain is a decentralized data and transaction management technology initially
created by the Bitcoin cryptocurrency. The focus on Blockchain technology has been growing
since the concept was invented in 2008. The reason why Blockchain has gained much focus is
the key features that provide anonymity, security, and information integrity without having a
third-party entity controlling the transactions. The purpose of this literature is to provide a
summary of “Where is Current Research on Blockchain technology?” by Jesse Yli-Huumo,
Deokyoon Ko, and Sujin Choi. It will also focus on the concepts discussed and the results. The
number of users and transfers in the Bitcoin network is continuously rising, additionally, the
conversions with contemporary currencies like the U.S. Dollar, always happen in currency
exchange platforms. Bitcoin has thus got the attention of different entities and is now the most
effective digital currency that utilizes the Blockchain technology.
Bitcoin utilizes the public key infrastructure mechanism. This allows the user to have a
single pair of private and public keys. The private key is used to authenticate the user whereas
the public key is utilized in addressing the Bitcoin wallet. Bitcoin transactions entail the sender’s
public key, various keys owned by the receiver and the transferred value. In less than ten
minutes, the transaction is inscribed in a blo...


Anonymous
Awesome! Perfect study aid.

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