Blockchain Beyond Bitcoin.

The article discusses the potential application of blockchain technology, also known as distributed ledger technology, in cryptocurrencies such as Bitcoin and other fields. Topics include the cost and time efficiency of blockchain technology by eliminating a third party middleman between companies a...

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Detalles Bibliográficos
Publicado en:Communications of the ACM Vol. 59; no. 11; pp. 15 - 18
Autor principal: Underwood, Sarah
Formato: Artículo
Publicado: Association for Computing Machinery Nov2016
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The article discusses the potential application of blockchain technology, also known as distributed ledger technology, in cryptocurrencies such as Bitcoin and other fields. Topics include the cost and time efficiency of blockchain technology by eliminating a third party middleman between companies and individuals, the transparency of blockchain technology as it can by viewed by all users on a network, and the use of cryptographic algorithms to make transactions secure, auditable, and immutable.