Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)

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Postulation of Blockchain technology as a core of Digital Era

Authors
V. Sharanya1, *, K. Soundarapandiyan2, S. Dinesh Kumar3
1Research Scholar, Dept. of Commerce, B.S. Abdur Rahman Crescent Institute of Science &Technology, Chennai, Tamil Nadu, India
2Associate Professor & Head, Dept. of Commerce, B.S. Abdur Rahman Crescent Institute of Science &Technology, Chennai, Tamil Nadu, India
3Associate Professor, Department of Management Studies, Sri Sairam Engineering College, Chennai, Tamil Nadu, India
*Corresponding author. Email: july2023@crescent.education
Corresponding Author
V. Sharanya
Available Online 3 June 2024.
DOI
10.2991/978-94-6463-433-4_32How to use a DOI?
Keywords
Blockchain technology; supply chain; application; Unspent Transaction Output; Reference numbers; decentralized network
Abstract

The Blockchain is a technology that is at the heart of cryptocurrency innovation by putting in place computer programs for consensus, validity, and verification in a brand-new system called the blockchain. The blockchain infrastructure now includes compute components, opening a vast array of opportunities beyond basic money transfers. Though being in its infant stage it has entered in all business and sectors. With the speed of digital transformation and its acceptance across all layers of audience it’s nevertheless to be called as the FUTURE. We live in a technologically dominant era in which most actions, whether in daily life or broader socioeconomic efforts, are inextricably linked to technology, making it more relevant than ever before. One of the most frequently discussed upcoming technologies with enormous promise is blockchain technology. On a welcoming note, and due to novelty, blockchain technology is invading into all sectors right from health, legal to video games. Block chain is much more than crypto currency for which is now been primarily used and bitcoin is just a glimpse of it. In this paper the researcher will assess into literature concerning Blockchain technology and examine its recent applications in various fields of this digital era.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
3 June 2024
ISBN
978-94-6463-433-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-433-4_32How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - V. Sharanya
AU  - K. Soundarapandiyan
AU  - S. Dinesh Kumar
PY  - 2024
DA  - 2024/06/03
TI  - Postulation of Blockchain technology as a core of Digital Era
BT  - Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)
PB  - Atlantis Press
SP  - 442
EP  - 450
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-433-4_32
DO  - 10.2991/978-94-6463-433-4_32
ID  - Sharanya2024
ER  -