Publication result detail

Distributed Ledger Technology: State-of-the-Art and Current Challenges

GORBUNOVA, M.; MASEK, P.; KOMAROV, M.; OMETOV, A.

Original Title

Distributed Ledger Technology: State-of-the-Art and Current Challenges

English Title

Distributed Ledger Technology: State-of-the-Art and Current Challenges

Type

WoS Article

Original Abstract

Distributed Ledger Technology (DLT) is making the first steps toward becoming a solution for the growing number of various decentralized systems world wide. Unlike pure Blockchain, DLT finds many uses across different industries, including eHealth, finance, supply chain monitoring, and the Internet of Things (IoT). One of the vital DLT features is the ability to provide an immutable and commonly verifiable ledger for larger-scale and highly complex systems. Today’s centralized systems can no longer guarantee the required level of availability and reliability due to the growing number of the involved nodes, complicated heterogeneous architectures, and task load, while the publicly available distributed systems are still in their infancy. This paper aims to provide an exhaustive topical review of the state-of-the art of Distributed Ledger Technology applicability in various sectors. It outlines the importance of the practical integration of technology-related challenges, as well as potential solutions.

English abstract

Distributed Ledger Technology (DLT) is making the first steps toward becoming a solution for the growing number of various decentralized systems world wide. Unlike pure Blockchain, DLT finds many uses across different industries, including eHealth, finance, supply chain monitoring, and the Internet of Things (IoT). One of the vital DLT features is the ability to provide an immutable and commonly verifiable ledger for larger-scale and highly complex systems. Today’s centralized systems can no longer guarantee the required level of availability and reliability due to the growing number of the involved nodes, complicated heterogeneous architectures, and task load, while the publicly available distributed systems are still in their infancy. This paper aims to provide an exhaustive topical review of the state-of-the art of Distributed Ledger Technology applicability in various sectors. It outlines the importance of the practical integration of technology-related challenges, as well as potential solutions.

Keywords

Distributed management; Distributed information systems; Data storage systems; Information exchange; Information security

Key words in English

Distributed management; Distributed information systems; Data storage systems; Information exchange; Information security

Authors

GORBUNOVA, M.; MASEK, P.; KOMAROV, M.; OMETOV, A.

RIV year

2022

Released

01.01.2022

Publisher

ComSIS Consortium

Location

Serbia

ISBN

2406-1018

Periodical

Computer Science and Information Systems (online)

Volume

19

Number

1

State

Republic of Serbia

Pages from

65

Pages to

85

Pages count

21

URL

Full text in the Digital Library

BibTex

@article{BUT171833,
  author="Maria {Gorbunova} and Pavel {Mašek} and Mikhail {Komarov} and Aleksandr {Ometov}",
  title="Distributed Ledger Technology: State-of-the-Art and Current Challenges",
  journal="Computer Science and Information Systems (online)",
  year="2022",
  volume="19",
  number="1",
  pages="65--85",
  doi="10.2298/CSIS210215037G",
  issn="2406-1018",
  url="http://www.comsis.org/archive.php?show=ppr797-2102"
}

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