Paper Contents
Abstract
Blockchain technology has garnered significant attention in recent years due to its potential to revolutionize various industries. This paper provides a comprehensive review of blockchain technology, focusing on its fundamental principles, applications across diverse domains, challenges, and future prospects. Beginning with an overview of blockchain's underlying concepts, including decentralization, immutability, and consensus mechanisms, this review explores its wide-ranging applications, such as cryptocurrency, supply chain management, healthcare, finance, and voting systems. The discussion extends to the challenges facing blockchain adoption, including scalability, security, regulatory concerns, and energy consumption. Finally, the paper outlines emerging trends and future directions in blockchain research and development.
Copyright
Copyright © 2024 Afshan.S. This is an open access article distributed under the Creative Commons Attribution License.
