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An Overview of Blockchain Technology: Concepts, Consensus, Standardization, and Security Threats  

Park, Roy C. (Department of Information Communication Engineering, Sangji University)
Lee, Young Sil (Division of Computer Engineering, Dongseo University)
Publication Information
Journal of the Institute of Convergence Signal Processing / v.20, no.4, 2019 , pp. 218-225 More about this Journal
Abstract
Since the publication of Satoshi Nakamoto's white paper on Bitcoin in 2008, blockchain is in the spotlight as one of the core technologies of the Fouth Industrial Revolution, which can be used in various industries beyond simple cryptocurrency. various researches and developments are being conducted worldwide to utilize blockchain technology, and a global blockchain consortium is formed. In addition, attempts are being made to apply to various industries such as logistics, distribution, and medical care as well as the financial sector. However, blockchain tecnology developments still do not reach the level that meets these concerns and expectations. In this paper, we presents a comprehensive overview of blockchain technology by giving its brief concepts, consensus algorithms, standardization, and security threats.
Keywords
Blockchain; Consensus Mechanism; Blockchain Standardization; Blockchain Security Threats; Blockchain platform;
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