Blockchain technology in education: The perspective, challenges, and concerns
1 Department of Information, Technology, Jagan Institute of Management Studies Sector 5 Rohini, Delhi, India.
2 Department of Management, Jagan Institute of Management Studies Sector 5 Rohini, Delhi, India.
Review
Open Access Research Journal of Engineering and Technology, 2023, 05(01), 039–046.
Article DOI: 10.53022/oarjet.2023.5.1.0075
Publication history:
Received on 30 July 2023; revised on 17 September 2023; accepted on 20 September 2023
Abstract:
Blockchain technology has altered the way transactions are conducted since its introduction. It offers a risk-free and secure way to exchange digital currency that is impervious to manipulation by those with bad intentions. In blocks that store the data, it stores all transactional data. The best example of decentralized, systematic data collection is blockchain technology. By storing the block in many locations across a distributed network arrangement, it offers a public ledger system that combines public key encryption of all transactions to solve the double spending problem, making change impossible and therefore more secure. This article explores the usefulness and benefits of Blockchain technology compared to traditional data management by outlining its fundamental concepts and how it has been adopted in different industries. The writers also discuss the factors that led to the adoption of Bitcoin and other cryptocurrencies as well as the shift to a decentralized crypto ledger. In-depth information on this technology's potential hazards, drawbacks, security features, threats, and vulnerabilities is also included in the article.
Keywords:
Cryptocurrencies; Blockchain; Bitcoin; Security Restrictions
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Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0