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Blockchains-an attempt to arrive connotation through bitcoins Prasath S. Krishna Assistant Professor, CHRIST (Deemed to be University), Bangalore Krishna Prasath S, Assistant Professor, CHRIST (Deemed to be University), Bangalore-29, krishna.prasath@christuniversity.in
Online published on 24 October, 2019. Abstract We live in a World which is prone to innumerable changes. Rapid Urbanization, Technological Breakthroughs, Demographic and Social Changes, Shift in Global Economic Power, Climate Change and Resource Scarcity are the five major shifts happening in the World at an extravagant phase. The Global civilization is thriving to adopt itself to these megachanges. Adoptability always starts with acquaintance. Amidst of this, Blockchain technology and Bitcoins have already become the buzzwords of the global economy. The latter, as most of us are aware, is a tool in the cryptocurrency world, whereas the former is the technique to ensure the security and anonymity of the users involved with bitcoins. One should note that the bitcoin concept is one among the million entities based on the blockchain technology. This paper makes a humble attempt to illustrate the concept of blockchain technology through bitcoins. Top Keywords Block Chain. Bitcoin. Disyributed ledger. Cryptography. Tranperency. Top | |
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