Framework for determining the suitability of blockchain: Criteria and issues to consider

Vikas Hassija, Sherali Zeadally, Ishan Jain, Aman Tahiliani, Vinay Chamola, Shashank Gupta

Research output: Contribution to journalArticlepeer-review

19 Scopus citations

Abstract

Various distributed ledger technologies (DLTs), such as blockchain, have evolved significantly in recent years. These technologies provide a robust and effective solution for providing confidentiality, integrity, nonrepudiation, authentication, and transparency. While blockchain has many advantages, it has various limitations as well, such as complexity, low throughput, privacy, and so on. We discuss the issues that must be considered when deciding whether to use these technologies in a given case or not. We describe the operation of blockchain, application areas where blockchain is suitable, and those where it is not. We also discuss the applicability of other emerging DLTs, apart from blockchain technology, such as Hashgraph, Zcash, Nano coin, and IOTA.

Original languageEnglish
Article numbere4334
JournalTransactions on Emerging Telecommunications Technologies
Volume32
Issue number10
DOIs
StatePublished - Oct 2021

Bibliographical note

Publisher Copyright:
© 2021 John Wiley & Sons, Ltd.

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

Fingerprint

Dive into the research topics of 'Framework for determining the suitability of blockchain: Criteria and issues to consider'. Together they form a unique fingerprint.

Cite this