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Blockchain- a Disruptive Technology for Existing Enterprises

Pratibha Maurya1

Section:Survey Paper, Product Type: Journal Paper
Volume-7 , Issue-4 , Page no. 613-615, Apr-2019

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v7i4.613615

Online published on Apr 30, 2019

Copyright © Pratibha Maurya . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: Pratibha Maurya, “Blockchain- a Disruptive Technology for Existing Enterprises,” International Journal of Computer Sciences and Engineering, Vol.7, Issue.4, pp.613-615, 2019.

MLA Style Citation: Pratibha Maurya "Blockchain- a Disruptive Technology for Existing Enterprises." International Journal of Computer Sciences and Engineering 7.4 (2019): 613-615.

APA Style Citation: Pratibha Maurya, (2019). Blockchain- a Disruptive Technology for Existing Enterprises. International Journal of Computer Sciences and Engineering, 7(4), 613-615.

BibTex Style Citation:
@article{Maurya_2019,
author = {Pratibha Maurya},
title = {Blockchain- a Disruptive Technology for Existing Enterprises},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {4 2019},
volume = {7},
Issue = {4},
month = {4},
year = {2019},
issn = {2347-2693},
pages = {613-615},
url = {https://www.ijcseonline.org/full_paper_view.php?paper_id=4085},
doi = {https://doi.org/10.26438/ijcse/v7i4.613615}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v7i4.613615}
UR - https://www.ijcseonline.org/full_paper_view.php?paper_id=4085
TI - Blockchain- a Disruptive Technology for Existing Enterprises
T2 - International Journal of Computer Sciences and Engineering
AU - Pratibha Maurya
PY - 2019
DA - 2019/04/30
PB - IJCSE, Indore, INDIA
SP - 613-615
IS - 4
VL - 7
SN - 2347-2693
ER -

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Abstract

Every online transaction is at a great risk of attacks by hackers who attempt to steal bank details provided online by the customers. These digital money transactions have lead to the invention of various crypto-currencies. These crypto-currencies work on the principles of blockchain technology. Blockchain acts as public ledger for all such crypto-currency transactions in a de-centralized manner. It verifies all the online transactions using peer-to-peer network of computers without any third party interventions. Blockchain database contains the complete history of all the transactions done in the past. It is shifting the entire financial industry from trusting people to trusting math and may be a disruptive technology for existing enterprises by changing the existing business models. This paper discusses about blockchain and its disruptive capabilities for today’s society and industries.

Key-Words / Index Term

Blockchain, security, trust, business model, digital currency, financial industry

References

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