The Future of Blockchain Technology, Recent Advancement and Challenges

Abstract

Blockchain is now in the news, and a lot of companies are working on blockchain technology. The first time the blockchain come into existence in the case of cryptocurrency where the decentralized architecture is followed for mining and storage. The trend of cryptocurrency is increasing day by day and, in other fields, the blockchain is in development. In this book, the chapter author has discussed the future and recent trends, history of blockchain technology. How to make a block and what is the initial requirement to build up the blockchain. The Book chapter gives an overview of the challenges associated with this technology. Later in the section, you will learn about how the blockchain work and the basic functionality of the block with some case study like smart farming, credit fraud detection, etc. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.