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Blockchain systems: analysis, applications, & risks

Author

Listed:
  • Shavan Askar

    (Assistant Professor, CEO of Arcella Telecom, College of Engineering, Erbil Polytechnic University, Erbil, Iraq.)

  • Ibrahim Shamal Abdulkhaleq

    (Information System Engineering, Erbil Polytechnic University, Erbil, Iraq.)

  • Shahab Wahhab Kareem

    (Lecturer, Erbil Polytechnic University, Erbil, Iraq.)

Abstract

A basic blockchain system is characterized as the ordered list for the used nodes and links where these nodes are entitled for storing information and chains connect these links. This technology mainly facilitates the development and management of the availability for the publicly available and required resources and ledger of transactions. This technology also supports the development of the cryptocurrency-based operation and performance evaluation for the technological management. This paper has analyzed different components of Blockchain concepts and evaluated the potential development, structural components, risks, applications within the present-day technological world.

Suggested Citation

  • Shavan Askar & Ibrahim Shamal Abdulkhaleq & Shahab Wahhab Kareem, 2021. "Blockchain systems: analysis, applications, & risks," International Journal of Science and Business, IJSAB International, vol. 5(6), pages 163-173.
    • Handle: RePEc:aif:journl:v:5:y:2021:i:6:p:163-173
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    References listed on IDEAS

    as
    1. Chnar Mustaf Mohammed & Shavan Askar, 2021. "Machine Learning for IoT HealthCare Applications: A Review," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 42-51.
    2. Zhwan Mohammed Khalid & Shavan Askar, 2021. "Resistant Blockchain Cryptography to Quantum Computing Attacks," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 116-125.
    3. Baydaa Hassan Husain & Shavan Askar, 2021. "Survey on Edge Computing Security," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 52-60.
    4. Kosrat Dlshad Ahmed & Shavan Askar, 2021. "Deep Learning Models for Cyber Security in IoT Networks: A Review," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 61-70.
    5. Zhala Jameel Hamad & Shavan Askar, 2021. "Machine Learning Powered IoT for Smart Applications," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 92-100.
    6. Kurdistan Ali & Shavan Askar, 2021. "Security Issues and Vulnerability of IoT Devices," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 101-115.
    7. Glena Aziz Qadir & Shavan Askar, 2021. "Software Defined Network Based VANET," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 83-91.
    8. Ibrahim Shamal Abdulkhaleq & Shavan Askar, 2021. "Evaluating the Impact of Network Latency on the Safety of Blockchain Transactions," International Journal of Science and Business, IJSAB International, vol. 5(3), pages 71-82.
    Full references (including those not matched with items on IDEAS)

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