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Blockchain Technology: Past, Present, and Future
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The invention of the Internet provided fast communication; however, the lack of trust is the main problem in Internet-based technologies. Blockchain technology is a distributed ledger technology that has established trust in various trustless environment. This article presents a general architecture of blockchain technology along with a brief history. The paper provides the current status and trend of the research in this area. Finally, various existing applications and future possibilities of blockchain technology are also presented
Keywords
Blockchain, Bitcoin, Ledger, Merkle Root, Immutable Records, Cryptocurrency
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