Blockchain and Bitcoin Security in IT Automation

© 2020 by IJCTT Journal
Volume-68 Issue-3
Year of Publication : 2020
Authors : Sikender Mohsienuddin Mohammad
DOI :  10.14445/22312803/IJCTT-V68I3P121

How to Cite?

Sikender Mohsienuddin Mohammad, "Blockchain and Bitcoin Security in IT Automation," International Journal of Computer Trends and Technology, vol. 68, no. 3, pp. 103-110, 2020. Crossref, 10.14445/22312803/IJCTT-V68I3P121

In recent days, the technologies referred to as Blockchain and Bitcoin have gained much interest from society. These activities are increasing relevancy in the era of digitization and which forms a digital economy in the United States and all over the world. Currently, the automation of IT has deployed the use of technology atomization process through robotics hence machine production, the development of the framework of artificial intelligence, the Blockchain, and Bitcoin referred to as the open systems, the concepts of big data, algorithms of software, and the neural networks. In the implementation of enterprise, it is not easy to access the possibilities of assessing adequately and the consequences, which includes the opportunities of a qualitative change. In the last century, the invention of the essential ingredients that are key in the cryptography and its use in the hash functions have been underway and have also included the sensitivities that will enable Blockchain and Bitcoin to be successful. In recent years, technology has become available for the systems of payment, and other applications that revolve around bold issues, and the contracts are smart. The essay will discuss the automation trends and consequences of Blockchain and Bitcoin in the various sectors of the economy, including the industries. The paper will also comment on the analogies associated with the payments that may lead to a deeper understanding of the properties of Blockchain and Bitcoin.

Bitcoin, Blockchain, Distributed, Decentralized, Cloud computing, Authentication, Cryptocurrency

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