Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Hashing Mechanism

Chapter 9
Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector
This is a digital signature (comprising public and private keys) of a block (consisting of information about digital assets and hash pointer) for authentication and verification purposes.
Published in Chapter:
Blockchain Technology: Initiatives and Use Cases in the Industry
Zaigham Mahmood (University of Northampton, UK & Shijiazhuang Tiedao University, China)
Copyright: © 2021 |Pages: 15
DOI: 10.4018/978-1-7998-6650-3.ch009
Abstract
Blockchain technology is probably the most attractive innovation since the emergence of the internet. Blockchain refers to an open distributed ledger spread across multiple computers that hold digitally recorded transactions in a much more efficient, transparent, and secure manner. A blockchain consists of a number of blocks, each containing data relating to digital assets and a hash header that links it to the previous block in the chain. The blocks are linked together, and new blocks can be added and removed, following a process of consensus. Also, those involved in the transactions can share the distributed digital ledger without needing a centralized intermediary. This chapter aims to introduce blockchain technology and discuss the use cases and initiatives in various sectors of the society, in particular within the blockchain product vendors and service providers. Characteristics, benefits, types, underlying technologies, and platforms are also discussed for the sake of completeness.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR