Document Type
Thesis
Abstract
This paper will focus on explaining what blockchain technology is, the fundamentals of how it works, and applications of it. By utilizing sophisticated cryptography, a distributed network, a specified order of events the technology is able to create a ledger that cannot be altered due to its existence on many computers that able to detect if the data has been changed or tampered with. To help illustrate the uses of blockchain technology the technical explanation is complemented with real and hypothetical ways that the technology it being used. The use of blockchain technology originated with financial application and has expanded to many industries as new and creative ideas come to fruition.
Recommended Citation
Kogon, Jeffrey, "Blockchain Technology: An Analysis of Potential Applications and Uses" (2017). Honors College Theses. 157.
https://digitalcommons.pace.edu/honorscollege_theses/157
Comments
Original document was submitted as an honors thesis requirement. Copyright is held by the author.