Introduction to Blockchain and its applications
Use Cases Applications
what is Blockchain
Terminilogies
Distributed Ledger
Smart Contract
Supply Chain Management
Size: 2.11 MB
Language: en
Added: Oct 12, 2024
Slides: 24 pages
Slide Content
Blockchain & Its Application Dr. Rohit Ahuja Mr. Navya Gupta
What is Blockchain ? A Technology that Permits: Permits transactions to be gathered into blocks and recorded Allows the resulting ledger to be accessed by different servers. Cryptographically chain of Blocks in chronological order.
Blockchain terminologies Blockchain – What is it? Aka DLT (Distributed Ledger Technology) - rudimentary shared accounting system Technologically, it is : Blockchain – What is it? Aka DLT (Distributed Ledger Technology) - rudimentary shared accounting system Technologically, it is :
Blockchain terminologies Transaction & blocks A transaction is a value transfer ; a block is a collection of transactions on the bitcoin network, gathered into a block that are hashed and added to the blockchain .
Blockchain terminologies Mining This process of solving cryptographic problems using computing hardware also triggers the release of cryptocurrencies
Blockchain terminologies Mining The process by which transactions are verified and added to a blockchain .
What is Distributed Ledger Centralized Ledger: There are multiple ledgers, but Bank holds the “golden record” Client B must reconcile its own ledger against that of Bank, and must convince Bank of the “true state” of the Bank ledger if discrepancies arise
Distributed Ledger There is one ledger. All Nodes have some level of access to that ledger. All Nodes agree to a protocol that determines the “true state” of the ledger at any point in time. The application of this protocol is sometimes called “achieving consensus.”
Distributed Ledger Alice T1 T2 T3 Bob T1 T2 T3 Tom T1 T2 T3 Sam T1 T2 T3
Smart Contract Computer code Provides business logic layer prior to block submission
Application: Supply Chain Management:
Application: Supply Chain Management:
Supply Chain Management: How to Remove Traditional Problem: Blockchain
Supply Chain Management: Blockchain based Supply chain Management
Supply Chain Management: Blockchain based Supply chain Management
Applications: Cyber-Security
Cyber Security Before Blockchain
Cyber Security Before Blockchain
Cyber Security Using Blockchain The current system of internet is prone to cyber attack (due to its Centralized Network) which leads to fraud and data theft.
Cyber Security: Using Blockchain
Cyber Security: Using Blockchain
Cyber Security: Using Blockchain
Cyber Security: Using Blockchain
Ongoing Projects: Project 1: Secure Land Title Management using Etherum Blockchain . Project 2: Blockchain Based Zero Co-lateral Loan for Farmers. Project 3: Crime Evidence Management using Blockchain . Project 4: Agricultural Supply Chain Management using Blockchain Project 5: Blockchain based COVID-19 tracing APP.