Transparent Peer Review By Scholar9
A Study-Blockchain Technology , Applications, challenge’s and it’s potential impact on Business
Abstract
This report emphasizes on explaining the blockchain technology & its application fieldsand its impact on business as blockchain technology is focused around a peer-to-peer network, allowingpoolingamongtwo or more parties, the service system is selected as unit analysis to examine its potential contribution Blockchain is being termed as the fifth disruptive innovation in computing. Weekly we can say it as distributed leger of records that isverifiable& immutable. Blockchains biggest application has been cited in crypto currencies that has jumped up. As time passes blockchain as a technology will extend itself beyond cryptocurrencies simple distributed ledger storage. This study s designated to integrate developmentsin terms of putting blockchain to practice. Finance and banking are the pioneers in accepting blockchain. In many big domains experiments are done. This paper will figure out various avenues where blockchain had influenced and expected future implementations.
Vijay Bhasker Reddy Bhimanapati Reviewer
23 Sep 2024 02:34 PM
Approved
Relevance and Originality
The report addresses a highly relevant topic by exploring blockchain technology and its diverse applications in business. Positioning blockchain as the fifth disruptive innovation highlights its significance in various sectors. The exploration of potential future applications adds originality and depth to the discussion.
Methodology
Using the service system as a unit of analysis is a suitable approach for examining blockchain's contributions. However, the report lacks clarity on specific research methods used to gather data on blockchain applications. More details on data sources and analysis techniques would enhance the methodological rigor.
Validity & Reliability
The report mentions that finance and banking are pioneers in adopting blockchain, but it would benefit from empirical evidence or case studies to support this claim. Including information on how data was collected and any validation processes would improve the study’s credibility and reliability.
Clarity and Structure
The summary presents key concepts but suffers from clarity issues due to grammatical errors and unclear phrasing. Structuring the report into distinct sections—such as introduction, methodology, findings, and conclusions—would significantly enhance readability and comprehension.
Result Analysis
The report indicates that blockchain technology will expand beyond cryptocurrencies, which is an important insight. However, providing specific examples of current and anticipated applications would strengthen the analysis. Discussing challenges and limitations in adopting blockchain across different industries would offer a more balanced view of its potential impact.
IJ Publication Publisher
Ok Sir
Vijay Bhasker Reddy Bhimanapati Reviewer