Recent Advancement in Blockchain: A study

Abstract

With technological innovation occurring at an ever-increasing rate, block chain has become one of the hottest new Internet trends. Because it is a distributed and decentralised database, blockchain has restored the definition of trust—providing security through cryptography and consensus mechanism without needing any third party. Hence the aim of this study is to provide an overview on the concept of blockchains, historical development, and application of Block chain in real life. In addition, the working of interlinked blockchains (blockmesh), their merits and applications are discussed. This will be useful to clarify the uses and usage of blockmesh in our daily lives. Finally, a slight peek in the past of the block chain would also be discussed to show the exponential growth in the blockchain technology.