The Academic And Commercial Circles In Block Chain Security, Privacy And Scalability At Block Chain Technologies

Abstract

It was first utilized for bitcoin as a more secure means of conducting financial transactions. The scientific and financial sectors have been more interested in blockchain-based computer systems in recent years. a peer-to-peer network that is not controlled by a trustworthy third party.  There are several blockchains available today, including Ethereum, Hyperledger, Tezos, and others. Blockchains are appealing to a wide range of applications because each one has a unique operating mode and transaction validation consensus. All required stakeholders in the field of education must have access to a dependable technology in order to progress the educational system and bring it to the next level. The blockchain possesses all of the necessary characteristics to do this mission, but in order to be deployed on a broader scale, it must also provide data security and privacy.