This chapter expounds the main principles behind blockchain technology and some of its cutting-edge applications. We first present the core concepts of the blockchain. Secondly, we discuss a definition put forward by Vitalik Buterin, we sketch out the shift toward hybrid solutions, and we sum up the main features of decentralized crypto-ledger platforms. Thirdly, we show why the blockchain is a disruptive and foundational technology, but we expose the potential risks and drawbacks of public distributed ledgers that account for the shift toward hybrid solutions. Finally, we present a non-exhaustive list of important applications, bearing in mind the most recent developments.
%0 Book Section
%1 pilkington2016blockchain
%A Pilkington, Marc
%B Research Handbook on Digital Transformations
%C Cheltenham
%D 2016
%E Olleros, F. Xavier
%E Zhegu, Majlinda
%I Edward Elgar Publishing
%K applications blockchain private_ledgers public_ledgers technology
%P 225--253
%R 10.4337/9781784717766.00019
%T Blockchain technology: principles and applications
%U https://ssrn.com/abstract=2662660
%X This chapter expounds the main principles behind blockchain technology and some of its cutting-edge applications. We first present the core concepts of the blockchain. Secondly, we discuss a definition put forward by Vitalik Buterin, we sketch out the shift toward hybrid solutions, and we sum up the main features of decentralized crypto-ledger platforms. Thirdly, we show why the blockchain is a disruptive and foundational technology, but we expose the potential risks and drawbacks of public distributed ledgers that account for the shift toward hybrid solutions. Finally, we present a non-exhaustive list of important applications, bearing in mind the most recent developments.
@incollection{pilkington2016blockchain,
abstract = {This chapter expounds the main principles behind blockchain technology and some of its cutting-edge applications. We first present the core concepts of the blockchain. Secondly, we discuss a definition put forward by Vitalik Buterin, we sketch out the shift toward hybrid solutions, and we sum up the main features of decentralized crypto-ledger platforms. Thirdly, we show why the blockchain is a disruptive and foundational technology, but we expose the potential risks and drawbacks of public distributed ledgers that account for the shift toward hybrid solutions. Finally, we present a non-exhaustive list of important applications, bearing in mind the most recent developments. },
added-at = {2017-02-10T12:16:04.000+0100},
address = {Cheltenham},
author = {Pilkington, Marc},
biburl = {https://www.bibsonomy.org/bibtex/23d065e3a5540827beb8b3367e83265b8/meneteqel},
booktitle = {Research Handbook on Digital Transformations},
doi = {10.4337/9781784717766.00019},
editor = {Olleros, F. Xavier and Zhegu, Majlinda},
interhash = {c626416cbe8054ccc5a58851a7ec0b5c},
intrahash = {3d065e3a5540827beb8b3367e83265b8},
keywords = {applications blockchain private_ledgers public_ledgers technology},
month = sep,
pages = {225--253},
publisher = {Edward Elgar Publishing},
timestamp = {2017-02-10T12:16:04.000+0100},
title = {Blockchain technology: principles and applications},
url = {https://ssrn.com/abstract=2662660},
year = 2016
}