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July 14, 2022· Sensors
article
Open access

Blockchain for Modern Applications: A Survey

Abstract

Blockchain is a modern technology that has revolutionized the way society interacts and trades. It could be defined as a chain of blocks that stores information with digital signatures in a distributed and decentralized network. This technique was first adopted for the creation of digital cryptocurrencies, such as Bitcoin and Ethereum. However, research and industrial studies have recently focused on the opportunities that blockchain provides in various other application domains to take advantage of the main features of this technology, such as: decentralization, persistency, anonymity, and auditability. This paper reviews the use of blockchain in several interesting fields, namely: finance, healthcare, information systems, wireless networks, Internet of Things, smart grids, governmental services, and military/defense. In addition, our paper identifies the challenges to overcome, to guarantee better use of this technology.

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