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Executing large-scale processes in a blockchain
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| Zeitschriftentitel: | Journal of Capital Markets Studies |
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| Personen und Körperschaften: | |
| In: | Journal of Capital Markets Studies, 2, 2018, 2, S. 106-120 |
| Format: | E-Article |
| Sprache: | Englisch |
| veröffentlicht: |
Emerald
|
| Zusammenfassung: | <jats:sec> <jats:title content-type="abstract-subheading">Purpose</jats:title> <jats:p>The purpose of this paper is to examine the blockchain as a trusted computing platform. Understanding the strengths and limitations of this platform is essential to execute large-scale real-world applications in blockchains.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title> <jats:p>This paper proposes several modifications to conventional blockchain networks to improve the scale and scope of applications.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Findings</jats:title> <jats:p>Simple modifications to cryptographic protocols for constructing blockchain ledgers, and digital signatures for authentication of transactions, are sufficient to realize a scalable blockchain platform.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Originality/value</jats:title> <jats:p>The original contributions of this paper are concrete steps to overcome limitations of current blockchain networks.</jats:p> </jats:sec> |
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| Umfang: | 106-120 |
| ISSN: |
2514-4774
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| DOI: | 10.1108/jcms-05-2018-0020 |