The Blockchain as a Decentralized Security Framework [Future Directions]
By Deepak Puthal, N. Malik, S. Mohanty, E. Kougianos, Chia-Teng Yang. IEEE Consumer Electronics Magazine, 2018
367 citations recorded by the source corpus.
The blockchain is emerging as one of the most propitious and ingenious technologies of cybersecurity. In its germinal state, the technology has successfully replaced economic transaction systems in various organizations and has the potential to revamp heterogeneous business models in different industries. Although it promises a secure distributed framework to facilitate sharing, exchanging, and the integration of information across all users and third parties, it is important for the planners and decision makers to analyze it in depth for its suitability in their industry and business applications. The blockchain should be deployed only if it is applicable and provides security with better opportunities for obtaining increased revenue and reductions in cost. This article presents an overview of this technology for the realization of security across distributed parties in an impregnable and transparent way.
Subfields: Computer Networks and Communications, Information Systems
View Paper: https://www.semanticscholar.org/paper/b5014cd761ffeb58aaf15842962b47cd613f2e0d
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In Information Systems
Citations in the corpus
- System architecture for blockchain based transparency of supply chain social sustainability (2020, background): “Source: [33,34,35] Table 1 compares the blockchain based systems with the existing centralized systems.”
- Everything You Wanted to Know About the Blockchain: Its Promise, Components, Processes, and Problems (2018, methodology): “This is an extension of our previous article about the basics of blockchain [1].”
- Applying blockchain technology to improve agri-food traceability: A review of development methods, benefits and challenges (2020, background): “This enhances transaction data integrity and security (Puthal et al., 2018; Ølnes et al., 2016; Conoscenti et al., 2016).”
- Analysis of Blockchain technology: pros, cons and SWOT (2018, background): “Decentralized, Distributed, Transparent and Verifiable, Cryptographically Secured, Immutable and Non-repudiable, Reduces Dependencies on Third Parties, ‘‘Trustless’’ Operation (Based on Consensus), Irrevocable and Auditable, Chronological and Time Stamped, Digital Ledger [24].”