APPLICATIONS BEYOND CRYPTOCURRENCIES - NON-FINANCIAL USE CASES FOR BLOCKCHAIN TECHNOLOGY

Mr. Gunawan Widjaja · Dr. Seema · Ismail Keshta · Dr. Haewon Byeon

Sep 2023 · Xoffencerpublication

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193

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About this ebook

The blockchain is a distributed ledger that stores information in a way that makes it extremely difficult, if not impossible, for the system to be altered, hacked, or manipulated. A distributed ledger is what a blockchain is. This ledger copies and distributes transactions throughout the network of computers that are part of the blockchain. A data structure known as blockchain has the potential to take the shape of an expanding list of information blocks. Because the knowledge blocks are interconnected, more recent blocks cannot be withdrawn or changed after they have been added. The decentralized digital currency Bitcoin relies on the blockchain technology for its operations. A distributed database that contains records of all transactions or digital activities that have been carried out and shared among parties that are participating is called a blockchain. Each transaction is checked by the system's users who make up the bulk of its members. It includes each and every record of each transaction in its entirety. The most widely used example of a blockchain technology is the cryptocurrency known as Bitcoin. In 2008, a person or group of people going by the name "Satoshi Nakamoto" issued a white paper titled "BitCoin: A peer-to-peer electronic cash system." This was the first time that the Blockchain Technology was brought to public attention. This new technology, known as blockchain, logs transactions in a digital ledger that is shared across the network. Because of this, the ledger cannot be altered in any way. Transactions involving anything of value, like as real estate, automobiles, and so on, may be recorded on the blockchain. Bitcoin is perhaps the most well-known application of Blockchain technology. Bitcoin is a form of cryptocurrency that may be used for the purchase and sale of digital assets over the internet. For two parties to successfully carry out transactions via the internet, Bitcoin relies on cryptographic evidence rather than the confidence of a third party. A unique cryptographic signature is used to secure each transaction.

About the author

Mr. Gunawan Widjaja is a multitalented person. He had a Bachelor in Pharmaceutical Science (BPharm), a Master of Public Health (MPH), and a Master of Hospital Administration (MHA) from the Postgraduate Study Faculty of Public Health, Universitas Indonesia. He also graduated from the Faculty of Law, obtained his LLM, and completed his Doctor of Philosophy (Ph.D.) from the same University. He also holds a Master in Management degree majoring in Finance. Currently, he teaches at the Postgraduate Study Faculty of Public Health Universitas Indonesia and Faculty of Law Universitas Pancasila. He has written about 50 books and many papers in national and international journals, including Scopus Indexed Journals, as well as reviewed them. He actively participated in many seminars, symposiums, and conferences; and also acts as an arbitrator in many International Arbitration centers such as SIAC, SHAC, and GIDI.

Dr. Seema is specialized in Finance and completed her Ph.D. in Finance and Banking. She is having experience in total 13 year in teaching and have attended conference in national as well in international level. She is also having a research paper in different domain of finance in Scopus, abdc journal as well in igc journal. Presently she is holding position of Associate professor in Galgotias university.

Ismail Keshta Received his B.Sc. and the M.Sc. degrees in computer engineering and his Ph.D. in computer science and engineering from the King Fahd University of Petroleum and Minerals (KFUPM), Dhahran, Saudi Arabia, in 2009, 2011, and 2016, respectively. He was a lecturer in the Computer Engineering Department of KFUPM from 2012 to 2016. Prior to that, in 2011, he was a lecturer in Princess Nourah bint Abdulrahman University and Imam Muhammad ibn Saud Islamic University, Riyadh, Saudi Arabia. He is currently an assistant professor in the computer science and information systems department of AlM aarefa University, Riyadh, Saudi Arabia. His research interests include software process improvement, modeling, and intelligent systems

Dr. Haewon Byeon Received the Dr Sc degree in Biomedical Science from Ajou University School of Medicine. Haewon Byeon currently works at the Department of Medical Big Data, Inje University. His recent interests focus on health promotion, AImedicine, and biostatistics. He is currently a member of international committee for a Frontiers in Psychiatry, and an editorial board for World Journal of Psychiatry. Also, He were worked on A 4 projects (Principal Investigator) from the Ministry of Education, the Korea Research Foundation, and the Ministry of Health and Welfare. Byeon has published more than 343 articles and 19 books.

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