International Journal of Computational Science and Engineering · 2021 · 20 citations · 0 references
ComputingInformation SystemsInformation TechnologyE-commerce SystemsElectronic ContractsWeb TechnologiesDistributed DatabasesDistributed TransactionsE-commerce ManagementTransaction ManagementWeb ProtocolsBlockchain ApplicationsBlockchain ConsensusConsensus MechanismsDistributed Transaction SupportE-commerce Web ApplicationsPeer-to-peer InteractionReal-world ApplicationTransactions
Blockchain consists of networks of successive blocks that are interconnected to each other by references to their former block. These form a chain. Blockchain technology creates a database like support by creation of digital ledgers, in order to support distributed transactions. The adoption of blockchain in real-world applications poses many challenges. This study aims to understand the method, its characteristics as well as the implementation concepts of transactional systems in terms of distributed transactions over web resources. The study also examines the current trends and issues in the use of blockchain in many large-scale public utility applications in e-commerce.