Blockchain Analysis and Design

Abstract

BlockchainBlockchain technology represents an interesting architectural invention that will primarily addresses the challenges of cyber securityCyber security in the internetInternet. As I previous discussed, the existing central databaseDatabase architectures cannot provide the security necessary to launch IoT systems. BlockchainBlockchain is defined as a ``ledger-based'' system, in that it is designed to track all transactions and update all members of the chain. In actuality, the block chain design evolved from what started as a linked listLinked list data structure. Essentially, a linked-list originally was designed as a data structure that linked to another data elementData elements by storing information about where a value was stored was stored in memory.