Blockchain Technology – Support for Collaborative Systems

Abstract

Blockchain technology is one of the most promising new technology, a new approach in data registration and distribution, and represents a new paradigm for how information is shared. Blockchain technology gained attention after the first application of this technology – Bitcoin blockchain – was deployed. The tech community considers that blockchain is one of the most disruptive technologies and saw more possibilities of using it in many other sectors. The technology can create trusted, secured, transparent, verifiable, real-time communication networks capable to support almost everything, from payments networks to supply chains, real estate deals, healthcare data sharing, voting systems protected from falsification, etc. This paper aims to briefly present the blockchain technology and how it could be applied in a collaborative system in the healthcare industry.

Keywords

• blockchain
• bitcoin
• hash
• peer-to-peer
• proof-of-work
• proof-of-stake
• private key
• public key