ACS Applied Computer Science

  • Increase font size
  • Default font size
  • Decrease font size

EXPLORING THE EXPEDIENCY OF BLOCKCHAIN-BASED SOLUTIONS: REVIEW AND CHALLENGES

Print

A distributed type of database where digital data is stored as blocks chained together is called a Blockchain. Each block consists of several transactions, authenticated using cryptographic keys, and approved by a group of validators. Hundreds of different Blockchain solutions have been proposed over the years, proving that they attract research and business interest. In this article, the authors present a generic vocabulary for unifying different terminologies used by various researchers in the field, followed by a review and evaluation of several research works presenting Blockchain-based solutions. A set of criteria regarding usefulness and suitability of adopting a Blockchain application are distinguished in these works. A method to examine their applicability is also discussed. Cryptocurrencies and supply chains, the two most well-known Blockchain uses, are considered and examined to assess how important these criteria are in these two use cases.

Download article

PDF preview is not available in this browser. Open the PDF directly .

  • APA 7th style
Moreno Arboleda, F. J., Garani, G., & Arboleda Zuluaga, S. A. (2024). Exploring the expediency of blockchain-based solutions: Review and challenges. Applied Computer Science, 20(4), 149–174. https://doi.org/10.35784/acs-2024-45
  • Chicago style
Moreno Arboleda, Francisco Javier, Georgia Garani, and Sergio Andrés Arboleda Zuluaga. “Exploring the Expediency of Blockchain-Based Solutions: Review and Challenges”. Applied Computer Science 20, no. 4 (2024): 149–174. 
  • IEEE style
F. J. Moreno Arboleda, G. Garani, and S. A. Arboleda Zuluaga, “Exploring the expediency of blockchain-based solutions: review and challenges”, Applied Computer Science, vol. 20, no. 4, pp. 149–174, doi: 10.35784/acs-2024-45.
  • Vancouver style
Moreno Arboleda FJ, Garani G, Arboleda Zuluaga SA. Exploring the expediency of blockchain-based solutions: review and challenges. Applied Computer Science. 2024; 20(4):149–174.