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Blockchain Technology: A Step Towards Sustainable Development
P. Chinnasamy1, P. Deepalakshmi2, V. Praveena3, K. Rajakumari4, P. Hamsagayathri5

1P. Chinnasamy, Department of Information Technolocy, Sri Shakthi Institute of Engineering and Technology, Coimbatore (Tamil Nadu), India.

2P. Deepalakshmi, Computer Science and Engineering, Kalasalingam Academy of Research and Education, Srivilliputtur (Tamil Nadu), India.

3V. Praveena, Department of Information Technolocy, Sri Shakthi Institute of Engineering and Technology, Coimbatore (Tamil Nadu), India.

4K. Rajakumari, Department of CSE, Sri Shakthi Institute of Engineering and Technology, Coimbatore (Tamil Nadu), India.

5P. Hamsagayathri, Department of ECE, Bannari Amman Institute of Technology, Sathyamangalam (Tamil Nadu), India.

Manuscript received on 12 December 2019 | Revised Manuscript received on 22 December 2019 | Manuscript Published on 30 December 2019 | PP: 1034-1040 | Volume-9 Issue-2S2 December 2019 | Retrieval Number: B11091292S219/2019©BEIESP | DOI: 10.35940/ijitee.B1109.1292S219

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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: The goal of this research paper is to summarize the collected works on blockchain concepts, blockchain application area, blockchain problems, and draw appropriate conclusions. Since Blockchain is relatively an innovative technology, a representative sample of research is presented, spanning the last ten years, starting with the early work in this field. Different types of Blockchain use and other digital ledger techniques have been investigated, including their challenges, security and privacy issues. The key motivation of the review study is to detect the most favorable direction for future use of blockchain and research challenges in blockchain.

Keywords: Blockchain, Bitcoin, Sustainable Supply chain, Smart Contract, Peer-Peer Networking, Consensus.
Scope of the Article: Block Chain-Enabled IoT Device and Data Security and Privacy