A Survey on Blockchain Technology: Evolution, Architecture and Security

Blockchain is a revolutionary technology that is making a great impact on modern society due to its transparency, decentralization, and security properties. Blockchain gained considerable attention due to its very first application of Cryptocurrencies e.g., Bitcoin. In the near future, Blockchain te...

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Veröffentlicht in:IEEE access 2021, Vol.9, p.61048-61073
Hauptverfasser: Bhutta, Muhammad Nasir Mumtaz, Khwaja, Amir A., Nadeem, Adnan, Ahmad, Hafiz Farooq, Khan, Muhammad Khurram, Hanif, Moataz A., Song, Houbing, Alshamari, Majed, Cao, Yue
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container_end_page 61073
container_issue
container_start_page 61048
container_title IEEE access
container_volume 9
creator Bhutta, Muhammad Nasir Mumtaz
Khwaja, Amir A.
Nadeem, Adnan
Ahmad, Hafiz Farooq
Khan, Muhammad Khurram
Hanif, Moataz A.
Song, Houbing
Alshamari, Majed
Cao, Yue
description Blockchain is a revolutionary technology that is making a great impact on modern society due to its transparency, decentralization, and security properties. Blockchain gained considerable attention due to its very first application of Cryptocurrencies e.g., Bitcoin. In the near future, Blockchain technology is determined to transform the way we live, interact, and perform businesses. Recently, academics, industrialists, and researchers are aggressively investigating different aspects of Blockchain as an emerging technology. Unlike other Blockchain surveys focusing on either its applications, challenges, characteristics, or security, we present a comprehensive survey of Blockchain technology's evolution, architecture, development frameworks, and security issues. We also present a comparative analysis of frameworks, classification of consensus algorithms, and analysis of security risks & cryptographic primitives that have been used in the Blockchain so far. Finally, this paper elaborates on key future directions, novel use cases and open research challenges, which could be explored by researchers to make further advances in this field.
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source IEEE Open Access Journals; DOAJ Directory of Open Access Journals; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals
subjects Algorithms
Blockchain
blockchain applications
blockchain architecture
blockchain security
Computer architecture
Consensus algorithm
Cryptography
development frameworks
Digital currencies
Evolution
Evolution of blockchain
New technology
Peer-to-peer computing
Security
Smart contracts
title A Survey on Blockchain Technology: Evolution, Architecture and Security
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