Blockchain systems: analysis, applications, & risks

Shavan Askar, Ibrahim Shamal Abdulkhaleq and Shahab Wahhab Kareem
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Shavan Askar: Assistant Professor, CEO of Arcella Telecom, College of Engineering, Erbil Polytechnic University, Erbil, Iraq.
Ibrahim Shamal Abdulkhaleq: Information System Engineering, Erbil Polytechnic University, Erbil, Iraq.
Shahab Wahhab Kareem: Lecturer, Erbil Polytechnic University, Erbil, Iraq.

International Journal of Science and Business, 2021, vol. 5, issue 6, 163-173

Abstract: A basic blockchain system is characterized as the ordered list for the used nodes and links where these nodes are entitled for storing information and chains connect these links. This technology mainly facilitates the development and management of the availability for the publicly available and required resources and ledger of transactions. This technology also supports the development of the cryptocurrency-based operation and performance evaluation for the technological management. This paper has analyzed different components of Blockchain concepts and evaluated the potential development, structural components, risks, applications within the present-day technological world.

Keywords: Blockchain; Cryptocurrency; Ethereum; database; Blockchain systems (search for similar items in EconPapers)
Date: 2021
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