The Currency analytics
By dan saada
Blockchain Technology is an efficient data management technology that provides for data security, integrity, and anonymity in the transactions.
The future directions for the application of the blockchain technology are derived from the current research for its application in the different market segments.
There are several limitations from the point of security and privacy perspective, and most of such issues need to have concrete research to bring in practical solutions.
The systematic mapping study process is being used to identify the scientific databases that will eventually help identify the possible research areas and the relevant questions…
Several challenges are already identified. In the financial applicationof the blockchain technology for cryptocurrency transactions, the numbers ofusers are already increasing,…
There is a need to increase the through put of the Bitcoin Network by increasing the transactions per second, to facilitate the increase in numbers of operations that will take…
In the current scenario, in atypical Bitcoin transaction, it takes 10 minutes to complete onetransaction.
With one block being created every 10 minutes, there is a limitation as to the numbers of transactions that can take place each minute.
When the block chains are split for administration, a new set of issues arise. This is because smaller nodes are easy to attack.