Blockchain Technology for Modern Days and Future

Toimittaja(t)

2025-05-13
Pro gradu -tutkielma
Tuotantotalous (tekniikka)
Abstract - Blockchain technology is a decentralized ledger for storing digital transactions and tracking assets, ensuring transparency and reliability. - The thesis explores the potential of Blockchain in project management and various sectors, highlighting its advantages and future possibilities. - The study includes creating a blockchain with a specified Hash function and a sample token to represent tokenomics. Introduction - Blockchain technology, initially conceived in 1991, gained prominence with Bitcoin in 2009 and has since expanded into various applications like cryptocurrencies and smart contracts. - The immutability and transparency of blockchain, achieved through cryptographic verification, make it a secure means for transactions and data management. - Blockchain technology is evolving with smart contracts and improved security measures like SHA-3, enhancing its reliability and security. Literature Review - Blockchain technology facilitates secure asset transfers without intermediaries, acting as a digital record of transactions on a distributed network. - The evolution of blockchain includes advancements like Merkle Trees and Reusable Proof of Work (RPoW), leading to Bitcoin's launch in 2009. - Different types of blockchains include public, private, hybrid, and consortium, each with unique characteristics and applications. Methodology and Data - The study employs a structured online survey to gather quantitative data on perceptions of blockchain technology, targeting professionals in IT, finance, and education. - Data collection involved sharing a Google Forms survey, resulting in 47 complete responses over four weeks. - Data analysis was conducted using Microsoft Excel to identify key trends and correlations. Results - The survey structure included demographic questions, perception and adoption questions (Q1-Q6), and challenges and future outlook questions (Q7-Q11). - Most respondents were familiar with blockchain technology, with 27.7% being extremely familiar and 63.8% being familiar. - Participants generally agreed on the benefits of blockchain, especially regarding security and potential for businesses, but were more uncertain about regulatory issues and DeFi replacing traditional banks. - The thesis demonstrates the potential of blockchain technology to improve project management by enhancing clarity, safety, and effectiveness through immutable digital records. - A cryptographic token, ISMA, was created using Solidity and deployed on the Binance Smart Chain testnet to showcase the practical application of blockchain. - The study suggests that companies should consider using blockchain for supply chain management, financial transactions, and smart contracts, while addressing challenges through training, regulatory collaboration, and partnerships.
Blockchain TEchnology MAsters Thesis Suman Sapkota.pdf - 2.61 MB
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Pysyvä osoite

https://urn.fi/URN:NBN:fi-fe2025051341176

Kuvaus

Blockchain is a distributed ledger that is decentralized and used to store digital transactions and track digital assets. The blockchain term immutable ledger means that once any transaction is recorded, it cannot be manipulated or changed in any way. Blockchain's name comes from its structure, where a file consists of data blocks and each block is linked to the previous block, forming a chain. Each block contains transaction records or data records and contains a record of when that block was created or modified. Blockchain is designed to promote transparency, speed, reliability, efficiency and reliability in P2P and automated transactions. This topic examines the possibilities of using Blockchain technology in project management sit uations and in different sectors, creates a model mark and explains what the most important advantages of Blockchain technology and its future are. In addition, we will see the main con cepts and functions related to some of its main components, such as Bitcoin, smart contracts such as Ethereum, private distributed ledgers, etc. Blockchain technology is a new way to record transactions. It keeps these records, called blocks, in different databases, which we often call a digital ledger. We will see how Blockchain works, and one aspect of its use is in the form of tokens. The main idea behind this topic is that Blockchain technology has begun to conquer modern technology. So to explore how blockchain technology works today and what services Blockchain technology has, we will be understanding the different versions of Blockchain to get enough knowledge about how Blockchain works in the digital world. The study has created a block with the specified Hash function and executed it to create a blockchain. To deepen the understanding with Blockchain, this study shows how encryption tokens work in a Blockchain environment and will be creating a token sample that provides one of the most important uses of Blockchain tech nology today to represent tokenomics. This study also suggest the use of Blockchain usages in the project management sectors and its advantages that will revolutionize the future of working scenarios in different projects and clients.

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blockchainsdistributed systemsvirtual currencycryptographytechnologypayment systemsencryption
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