A Blockchain technology evolution between Business Process Management (BPM) and Internet-of-Things (IoT)

Abstract

A Blockchain is considered the main mechanism for Bitcoin concurrency. A Blockchain is known by a public ledger and public transactions stored in a chain. The properties of blockchain demonstrate in decentralization as distribution blocks, stability, anonymity, and auditing. Blockchain can enhance the results of network efficiency and improve the security of network. It also can be applied in several fields like financial and banking services, healthcare systems, and public services. However, the research is still opening at this point. It includes a big number of technical challenges which prevents the wide application of blockchain, for example, scalability problem, privacy leakage, etc. This paper shows a proposed comprehensive study of blockchain technology. It also examines the research efforts in blockchain. It presents a proposed blockchain lifecycle which refers to an evolution and a linked ring between business process management improvement and Internet-of-Things concepts. Then, this paper presents a practical proof of this relationship for smart city. It presents a new algorithm and a proposed blockchain framework for 38 blocks (which recognized as smart-houses). Finally, the future directions are well presented in blockchain field.