2020
DOI: 10.1109/access.2020.2985647
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A Critical Review of Concepts, Benefits, and Pitfalls of Blockchain Technology Using Concept Map

Abstract: Blockchain is relatively a new area of research. However, a surge of research studies on the blockchain has taken place in recent years. These research studies have mostly focused on designing and developing conceptual frameworks to build more reliable, transparent and efficient digital systems. While blockchain brings a wide variety of benefits, it also imposes certain challenges. Therefore, the objective of this research is to understand the properties of blockchain, its current uses, observed benefits and p… Show more

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Cited by 44 publications
(36 citation statements)
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“…Islam et al [28] conducted a critical review of BC technology using concept maps to depict their features and properties as well as their advantages and disadvantages, with a view of providing a better understanding of BC technology. They outlined thirteen properties of BC which are shared database, P2P transmission, timestamped blocks, immutable records, encrypted data transmission, disintermediation, computational logic, transaction dependency, transaction rules, distributed trust, multiple writers, validation and scalability.…”
Section: A Comparison Of Related Surveysmentioning
confidence: 99%
See 2 more Smart Citations
“…Islam et al [28] conducted a critical review of BC technology using concept maps to depict their features and properties as well as their advantages and disadvantages, with a view of providing a better understanding of BC technology. They outlined thirteen properties of BC which are shared database, P2P transmission, timestamped blocks, immutable records, encrypted data transmission, disintermediation, computational logic, transaction dependency, transaction rules, distributed trust, multiple writers, validation and scalability.…”
Section: A Comparison Of Related Surveysmentioning
confidence: 99%
“…Chowdhury et al 2019 [1] Deng et al 2019 [66] Juma et al 2019 [68] Kim et al 2019 [51] Khalilov et al 2018 [64] Belotti et al 2019 [62] Ali et al 2019 [63] Gonczol et al 2019 [97] Al-Jaroodi et al 2019 [70] Kuperberg 2019 [87] Sharma et al 2019 [7] Salman et al 2019 [35] Pahlajani et al [49] Bernabe et al 2019 [61] Chowdhury et al 2018 [56] Park et al 2019 [65] Liu et al 2020 [80] Siris et al 2019 [6] Weiss et al 2019 [78] Mylrea et al 2018 [22] Islam et al 2020 [28] Asif 2019 [82] Yousuf et al 2019 [11] Onik et al 2019 [13] Ojo et al 2018 [17] Nalavade 2018 [20] Epiphaniou et al 2020 [50] Al-Zaben et al 2018 [60] Mushtaq et 2019 [67] Al-Jaroodi et al 2019 [71] Vafiadis et 2019 [69] AlTaei et 2018 [72] Saino et at 2019 [74] Nakasumi et at 2017 [76] Dunphy et al 2018 [77] Moyne et al 2019 [81] Hammoudeh et al 2020 [83] Shen et al 2020 [89] Sudhan et al 2017 [88] Wu et al 2019 [95] Risk Management…”
Section: Security Compliancementioning
confidence: 99%
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“…That solution came in the form of blockchain that provides protection against unwanted data exposure [10]. It is a distributed consensus mechanism that stores transaction information in a Peer-to-Peer (P2P) network [11]. Blockchain ensures digital trust by recording transactions in a public platform, while also making it immutable.…”
Section: Introductionmentioning
confidence: 99%
“…Cloud based Data. [55,71]  Cloud based data compliance with GDPR is focused [55].  Proposed a compliance model framework [55].…”
mentioning
confidence: 99%