Blockchain: Technology and Emerging Use Cases
Dahal, Rashik (2020)
2020
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202004024325
https://urn.fi/URN:NBN:fi:amk-202004024325
Tiivistelmä
This thesis looks at the emerging technology called blockchain and its initial use cases that has been prominent on the market in last few years. Blockchain industry claims to provide the alternate to the traditional centralised model of doing business. Blockchain is based on decentralised model and its core idea publicly shared tamperproof ledger that allows two unknown people to share information or conduct business on a trustworthy way.
The research report takes detailed look on the technical model of blockchain and its emergence into the prominence. It also looks at the use of the few use cases based on the technology that are leading the industry and their obstacles in the process of adaption to the real world. The study involved a multi method research approach with the use of different method to collect the data. Both raw and secondary data are used to analyse the use, progress and growth of the use cases. The use cases that has been considered for this research includes the smart contracts and the application based on them like decentralised applications and decentralised finance. Use cases on the field like oracle network and supply chain management are also discussed briefly.
The results shows about the continuous development of the blockchain applications through the number of users, number of transactions and the volume of transactions. It also shows the reason in the fluctuation of these numbers over the years. The discussion phase specially talks about the advantage these applications brings on already existing system and the obstacle they are facing to displace them
The research report takes detailed look on the technical model of blockchain and its emergence into the prominence. It also looks at the use of the few use cases based on the technology that are leading the industry and their obstacles in the process of adaption to the real world. The study involved a multi method research approach with the use of different method to collect the data. Both raw and secondary data are used to analyse the use, progress and growth of the use cases. The use cases that has been considered for this research includes the smart contracts and the application based on them like decentralised applications and decentralised finance. Use cases on the field like oracle network and supply chain management are also discussed briefly.
The results shows about the continuous development of the blockchain applications through the number of users, number of transactions and the volume of transactions. It also shows the reason in the fluctuation of these numbers over the years. The discussion phase specially talks about the advantage these applications brings on already existing system and the obstacle they are facing to displace them