MAIN CHARACTERISTICS OF BLOCKCHAIN TECHNOLOGIES IN THE CONTEXT OF SECURITY Cover Image

ОСНОВНИ ХАРАКТЕРИСТИКИ НА БЛОКЧЕЙН ТЕХНОЛОГИИТЕ В КОНТЕКСТА НА СИГУРНОСТТА
MAIN CHARACTERISTICS OF BLOCKCHAIN TECHNOLOGIES IN THE CONTEXT OF SECURITY

Author(s): Aleksandar Yankov
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Security and defense, Financial Markets, ICT Information and Communications Technologies
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: blockchain technology; bitcoin; golden standard; cryptocurrencies

Summary/Abstract: This article examines blockchain as a decentralized digital ledger consisting of records called ‘blocks’ that are used to record certain actions or transactions performed on an indefinite number of computers. The data is chronologically consistent, as it is not possible to delete or make changes without approval or at least becoming known to all network participants. In this sense, blockchain is a system of databases, the technology for working with which is definitely changing the way the world develops. Moreover, from a managerial and legal point of view, blockchain is unique due to its decentralized nature, as well as the fact that it provides completely equal initial opportunities to each participant. Blockchain technology is analyzed as the basis for the development of Bitcoin and other cryptocurrencies.

  • Issue Year: XX/2024
  • Issue No: 2
  • Page Range: 82-90
  • Page Count: 9
  • Language: Bulgarian
Toggle Accessibility Mode