Block chain is the technology that backs up cloud computing and internet of things in most cases such as cryptocurrency. It is often known as a public and decentralized ledger. The blockchain technology stores data in the form of blocks based on its type and data programming, these blocks are linked together, thus, named as blockchain. Some case studies where blockchain has been successfully used such as in the sectors of public health, public safety, smart cities, supply chains etc. but have revealed that blockchain remains at the heart of bitcoin. The compilation does not highlight the issues and challenges of blockchain despite its need. The data is retrieved with corresponding technology of IoT and Cloud Computing. This article discusses the ability of blockchain to facilitate various walks of life other than just banking and finance. The article builds strong foundation for blockchain by acknowledging its abilities and the phenomenal potentials that it holds.
Blockchain, Issues, Challenges, Cloud Computing, Application, Architecture.
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