Design and Application of Distributed Systems Based on Blockchain Technology
DOI: 10.23977/infse.2024.050504 | Downloads: 23 | Views: 885
Author(s)
Yaning Wang 1
Affiliation(s)
1 Tongji University, Shanghai, 201804, China
Corresponding Author
Yaning WangABSTRACT
With the rapid development of blockchain technology, its application in distributed systems has attracted widespread attention. Blockchain technology is a decentralized database based on the concept of a distributed ledger that records the origin of digital assets. The revolutionary nature of this technology lies in its unique properties of making digital assets immutable and transparent, which are achieved through cryptographic hashing techniques and decentralized mechanisms. Blockchain is considered a revolutionary technology that reduces risk and minimizes fraud by increasing the transparency and scalability of transactions. Includes data consistency, smart contract implementation and related design challenges. Through case studies in finance, supply chain management, and healthcare, the article demonstrates the potential of blockchain technology to improve system transparency, security, and efficiency. The development trend of blockchain technology and its impact on future distributed systems are presented with directions and suggestions for further research. The study shows that blockchain technology not only provides new ideas for the design of distributed systems, but also demonstrates its application value in a number of fields, but also faces technical, regulatory and implementation challenges.
KEYWORDS
Blockchain technology, distributed systems, system design, smart contracts, data consistency, use cases, performance optimization, security, supply chain management, healthcareCITE THIS PAPER
Yaning Wang, Design and Application of Distributed Systems Based on Blockchain Technology. Information Systems and Economics (2024) Vol. 5: 24-30. DOI: http://dx.doi.org/10.23977/infse.2024.050504.
REFERENCES
[1] Wu G, Lai X, He D,et al. Improving byzantine fault tolerance based on stake evaluation and consistent hashing[J].Peer-to-Peer Networking and Applications, 2024, 17(4):1963-1975.DOI:10.1007/s12083-024-01700-3.
[2] Hongmei Z .A Cross-Border E-Commerce Approach Based on Blockchain Technology[J].Mobile Information Systems, 2021, 2021(4):1-10.DOI:10.1155/2021/2006082.
[3] Chang S E, Chen Y C, Wu T C .Exploring blockchain technology in international trade: Business process re-engineering for letter of credit[J].Industrial management & data systems, 2019, 119(8):1712-1733. DOI: 10. 1108/IMDS-12-2018-0568.
[4] Li S .Structure Optimization of e-Commerce Platform Based on Artificial Intelligence and Blockchain Technology [J]. Wireless Communications and Mobile Computing, 2020, 2020(12):1-8.DOI:10.1155/2020/8825825.
[5] Zhonghua C, Goyal S B, Rajawat A S .Smart contracts attribute-based access control model for security & privacy of IoT system using blockchain and edge computing[J].Journal of supercomputing, 2024, 80(2):1396-1425.
[6] Lahbib A, Toumi K, Laouiti A,et al. Blockchain based distributed trust management in IoT and IIoT: a survey[J]. The Journal of Supercomputing, 2024, 80(15):21867-21919.DOI:10.1007/s11227-024-06286-4.
[7] Wang R, Liu H, Wang H,et al. Distributed Security Architecture Based on Blockchain for Connected Health: Architecture, Challenges, and Approaches[J].IEEE Wireless Communications, 2019, 26(6):30-36.DOI: 10.1109/ MWC.001. 1900108.
[8] Hussien H M, Yasin S M, Udzir S N I,et al. A Systematic Review for Enabling of Develop a Blockchain Technology in Healthcare Application: Taxonomy, Substantially Analysis, Motivations, Challenges, Recommendations and Future Direction[J].Journal of Medical Systems, 2019, 43(10):1-35.DOI:10.1007/s10916-019-1445-8.
[9] Zhang Y, Liang Y, Zhang W X .A blockchain‐enabled learning model based on distributed deep learning architecture [J]. International journal of intelligent systems, 2022, 37(9):6577-6604.
[10] Bozorgasl Z, Foroozan H, Khooban G M H .New Trends on Digital Twin-Based Blockchain Technology in Zero-Emission Ship Applications[J].Naval engineers journal, 2021, 133(3):115-135.
Downloads: | 19144 |
---|---|
Visits: | 450611 |
Sponsors, Associates, and Links
-
Accounting, Auditing and Finance
-
Industrial Engineering and Innovation Management
-
Tourism Management and Technology Economy
-
Journal of Computational and Financial Econometrics
-
Financial Engineering and Risk Management
-
Accounting and Corporate Management
-
Social Security and Administration Management
-
Population, Resources & Environmental Economics
-
Statistics & Quantitative Economics
-
Agricultural & Forestry Economics and Management
-
Social Medicine and Health Management
-
Land Resource Management
-
Information, Library and Archival Science
-
Journal of Human Resource Development
-
Manufacturing and Service Operations Management
-
Operational Research and Cybernetics