Blockchain is a time-stamped, tamper-proof ledger of activity that is shared across a network of computers.
Challenges for Blockchain in Data Science
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Privacy
Competition
Data Acquisition
Scalability
Invented in 2009 by Satoshi Nakamoto as a way to transfer the digital currency bitcoin
Blockchain technology can assist the healthcare industry in resolving the problem of patient data storage. It has the potential to eliminate all of the cultural, geographical, political, and religious barriers that now obstruct patient data management.
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Most Cited Papers on Blockchain Technology
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Majority Is Not Enough: Bitcoin Mining Is Vulnerable
An Overview of Blockchain Technology: Architecture, Consensus, and Future Trends
Blockchains and Smart Contracts for the Internet of Things
dDecentralizing Privacy: Using Blockchain to Protect Personal Data
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Blockchain's immutable properties can be greatly used in solving several security issues in IoT, such as authorization and authentication. Similarly, smart contracts also act as a powerful means to enhance security in IoT networks.
benefits of Blockchain in Metaverse
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High-quality learning data
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Stable decentralized network
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A blockchain-based Internet of Things system provides a number of advantages, including the ability to link supply chain activities and thereby improve information management efficiency.