An Investigation of Decentralized Ledger Applications Using Ethereum in a Blockchain Network

Abstract

The word blockchain is one of the most popular hotlists of today's emerging technologies. Because of decentralized secured applications, it offers many advantages and thus professionals from various domains are incorporating it in their fields. Though there are some minor security issues, given its advantages towards privacy in Peer-to-Peer (P2P) networks still it can be integrated into many other fields such as the Internet of Things (IoT), Cloud computing, Artificial intelligence, Banking, and Financial Sectors, Edge computing, etc. This research article focuses on studying and reviewing existing works in blockchain technology towards various applications by describing its architecture, and tools categories. Our contribution to this paper is to examine decentralized ledger applications using Ethereum in a blockchain network through Ganache-Command Line Interface (CLI), and determine its transaction behavior, to investigate the solidity program required for establishing smart contracts on Ethereum blockchain networks, and finally to give a comparative analysis of various blockchain tools suitable for running on multiple platforms.