Exploring the Landscape: A Comprehensive Survey of Blockchain Applications and Innovations

A., Parkavi and S. B., Nandini and D. S., Chetan (2024) Exploring the Landscape: A Comprehensive Survey of Blockchain Applications and Innovations. In: Research Updates in Mathematics and Computer Science Vol. 1. B P International, pp. 61-67. ISBN 978-81-971164-0-7

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Abstract

Advancements in technology have produced the exploration of blockchain uses in a range of industries, particularly in education, real estate, law enforcement, certification verification, and funding ventures. Blockchain, a decentralized ledger, offers opportunities to revolutionize traditional systems by providing transparency, security, and traceability.

In the education sector, blockchain technology shows promise in enhancing the credibility of online degrees and preventing fraudulent activities by recording accreditations on the blockchain. Similarly, in real estate, the implementation of blockchain models helps mitigate loopholes and brings transparency to property transactions by eliminating intermediaries and reducing fraud potential.

In law enforcement, the fragile nature of digital evidence poses challenges in maintaining integrity and credibility. Blockchain's immutability and traceability offer a promising solution for preserving digital evidence securely, ensuring its authenticity throughout criminal investigations.

Additionally, the project addresses the rampant issue of fraudulent degree certificates by proposing a solution that stores genuine certificates digitally on a blockchain. This system generates unique hashes for verification, detecting any alterations in certificate contents and invalidating tampered documents.

Furthermore, the project introduces a decentralized funding platform for innovative business ventures. Utilizing Ethereum smart contracts, it enables stakeholders to invest in ventures, ensuring transparency and accountability through voting mechanisms for fund disbursement.

By leveraging blockchain's decentralized nature, these projects aim to revolutionize traditional systems, providing secure, transparent, and efficient solutions in education, real estate, law enforcement, certification verification, and venture funding.

Item Type: Book Section
Subjects: Open Research Librarians > Computer Science
Depositing User: Unnamed user with email support@open.researchlibrarians.com
Date Deposited: 15 Mar 2024 08:04
Last Modified: 15 Mar 2024 08:04
URI: http://stm.e4journal.com/id/eprint/2542

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