Blockchain Technology in Cryptocurrency: A Review

Abstract

A blockchain is a public ledger to which everyone has access but which is not controlled by a central authority. It is a technology that enables individuals and industries to interact with confidence and transparency. This paper provides an overview of blockchain technology in cryptocurrency. The purpose of this research is to examine the popularity of blockchain and to investigate the growth and development of this modern-day hotspot based on blockchain-based smart contracts. Blockchain technology is becoming more common in the IT business. It is more likely than any other technology in our economy to have a larger influence on business and society. Most contemporary blockchain technology research focuses on its application in cryptocurrencies such as Bitcoin and Ethereum, which are among the most popular and the most well-known uses of blockchain, although many additional applications are feasible.