Where is current research on blockchain technology?

In 33 (80.5\%) of the selected papers, the research was conducted in the Bitcoin environment. We found only 8 papers (19.5\%) that did focus on Bitcoin, but on other applications using Blockchain technology.

What is the future scope of blockchain technology in India?

In India, Blockchain is witnessing a major demand in a select few areas including Banking, Insurance, Logistics, Healthcare, and Public Administration.

Who introduce the concept of blockchain technology on the basis of their research?

Bitcoin vs. Blockchain Blockchain technology was first outlined in 1991 by Stuart Haber and W. Scott Stornetta, two researchers who wanted to implement a system where document timestamps could not be tampered with.

Who is introduced the concept of blockchain technology on the basis of their research?

Blockchain technology was first outlined in 1991 by Stuart Haber and W. Scott Stornetta, two researchers who wanted to implement a system where document timestamps could not be tampered with.

What is application of blockchain?

Blockchain technology can provide greater security by storing passwords and other data on a decentralized network instead of a centralized server. Additionally, it offers protection against data tampering since a blockchain is practically immutable.

What is the advantage of blockchain technology?

Blockchain increases trust, security, transparency, and the traceability of data shared across a business network — and delivers cost savings with new efficiencies.

What is the application of Blockchain?

Blockchain technology can be utilized in multiple industries including Financial Services, Healthcare, Government, Travel and Hospitality, Retail and CPG. Financial Services: In the financial services sector, Blockchain technology has already been implemented in many innovative ways.

What is the role of blockchain in forecasting?

Blockchain in Forecasting: The Blockchain technology is set to alter the complete methodology for research, consulting, analysis and forecasting. Most of the global distributed prediction markets are created with the help of online platforms.

What is the scope of blockchain technology?

Scope of Blockchain Technology. Blockchain in digital advertising: In today’s world, one of the biggest problems in digital advertising is challenges such as domain fraud, bot traffic, lack of transparency and long payment models. Blockchain can provide solutions to these problems as the technology will only allow the right companies to succeed.

What is the future of blockchain technology in India?

Blockchain technology has a great future worldwide with an incredible scope observed in the financial field and India is no exception to it. After the demonetisation, financial organisations were not able to handle the heavy workload effectively. It brought out the problems of having a centralised system for handling financial transactions.

Why a research map of current research on blockchain?

The produced map of current research on Blockchain will help other researchers and practitioners in identifying possible research areas and questions for future research. Although cryptocurrencies are also a business and management topic, we decided to narrow down the research topic to the technical perspective of Blockchain.