Blockchain technology is used in multiple applications across multiple sectors from NFT marketplaces to cryptocurrency and music royalties tracking.
This series of blog posts by CONFIRM PhD student Mateen Ashraf has been curated to educate and inform you about blockchain technology, how it works and how it is used.
Scroll down to read content which explains the basics of blockchain.
Click here to find out more about Blockchain in Banking!
Mateen Ashraf, University of Limerick
#1 – What is Blockchain?
What is Blockchain? Blockchain is a distributed ledger that is like a database that holds a copy of the data on all participating systems within
#2 – History of Blockchain
Blockchain History Blockchain started with a white paper published under the presumed pseudonym “Satoshi Nakamoto” by an anonymous author (or authors) after the 2008 financial
#3 – Benefits of Using Blockchain
Who Owns a Blockchain? The oldest and best-known approach to systems architecture is a centralized approach. In a centralized solution, there is typically one owner
#4 – Blockchain Networks
Peer to Peer (p2p) Centralized and Distributed system architecture solutions usually adopt a client/server network approach. Blockchain and decentralized application platforms largely forego client/server to
#5 – Types of Blockchain
To properly describe a blockchain solution, additional terms must be entered into the conversation. A blockchain solution can be measured and described against the
#6 – Creating, Linking and Mining Blocks
How Blocks are Created What is a “block”? Perhaps the simplest analogy for understanding blocks in a blockchain is to think about sheets of paper
#7 – Consensus: Making Sure that Blocks Agree
Group Consensus A critical concept to be familiar with in blockchain is that of group consensus. This is a simple concept that states that there’s
#8 – Uses of Blockchain
Blockchain 2.0 and Ethereum When Bitcoin went live in 2009, blockchain was nothing more than a record-keeping device, a place to permanently record data for
#9 – Blockchain Adoption & Implementation
Blockchain Adoption Blockchain is being considered by more than half of the world’s fortune 500 companies according to a Juniper Market Research Survey. It is
