![]() ![]() Lin, I.C., Liao, T.C.: A survey of Blockchain security issues and challenges. In this analysis paper we discussed what is Blockchain?, SWOT analysis of BC, Types of BC and how Blockchain works along with its advantages and disadvantages. Blockchain is a transaction database which contains information about all the transactions ever executed in the past and works on Bitcoin protocol. It allows users to make and verify transactions immediately without a central authority. ![]() It validates the transactions using peer-to-peer network of computers. Blockchain tries to create and share all the online transactions, stored in a distributed ledger, as a data structure on a network of computers. Blockchain is a digitized, de-centralized, public ledger of all crypto-currency transaction/s. ![]() The technology behind using the Bitcoin is popularly called as Blockchain. ![]() This leads to the invention of various kinds of crypto-currency, Bitcoin being one of them. Any online transaction that involves digital money is a bit of a challenge these days with the rising threats of hackers trying to steal bank details posted online. ![]()
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