Applications of Blockchain Technology and Crypto Currencies: Current Practice and Future Trends

Authors

  • Mohd Zafar Shaikh Principal, Shree Bhagubhai Mafatlal Polytechnic Mumbai, India
  • Namita Dixit Associate Professor, IILM University, Gurugram, Haryana, India
  • Manjunatha D. Assistant Professor, Department of Electronics, University College of Science , Tumkur University, Tumkur, Karnataka, India
  • Anita Chaudhary Assistant Professor, Akal College of Engineering & Technology, Eternal University, Baru Sahib, H.P., India
  • Deepti Khubalkar Assistant Professor, Symbiosis Law School Nagpur Campus, Symbiosis International Deemed University, Pune, India

Keywords:

Crypto Currencies, Digital currencies, Virtual currencies, Cryptography Secure financial transactions, Decentralized networks, Blockchains

Abstract

A type of machine learning technique known as convolutional neural networks (CNNs) has demonstrated great performance in recognizing patterns and traits in medical images, including CT scans. These algorithms can develop a very accurate ability to distinguish between benign and malignant lung lesions by receiving training on massive datasets of annotated CT images. Additionally, CAD systems that have been combined with machine learning models can help radiologists analyze CT images. This paper explores the applications of blockchain technology and cryptocurrencies, examining their current practices and future trends. An overview of blockchain technology, explaining its decentralized and transparent nature, as well as its underlying mechanisms such as consensus algorithms and smart contracts is provided. Furthermore, the paper discusses the regulatory landscape surrounding blockchain technology and cryptocurrencies, highlighting the efforts made by governments and international organizations to establish frameworks and guidelines. It also addresses the challenges and concerns associated with scalability, energy consumption, privacy, and security in the blockchain and cryptocurrency ecosystem.

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Published

10.11.2023

How to Cite

Shaikh, M. Z. ., Dixit, N. ., D., M. ., Chaudhary, A. ., & Khubalkar, D. . (2023). Applications of Blockchain Technology and Crypto Currencies: Current Practice and Future Trends. International Journal of Intelligent Systems and Applications in Engineering, 12(4s), 30–40. Retrieved from https://ijisae.org/index.php/IJISAE/article/view/3749

Issue

Vol. 12 No. 4s (2024)

Section

Research Article

License

Copyright (c) 2023 Mohd Zafar Shaikh, Namita Dixit, Manjunatha D., Anita Chaudhary, Deepti Khubalkar

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