Blockchain Technology using Cyber Security

Abstract

Blockchain has become one of the most inspected subjects starting from the development of Santoshi Nakamoto's paper related to Bitcoin. It has enchanted basic thought due to its tremendous decision of likely applications and its principal appearance since Bitcoin. Blockchain is known for getting data assembling and traveling through decentralized, trustless, and dissipated structures. This evaluation deliberately recognizes the potential benefits that encourage its use. The encryption technique used in Blockchain makes it peculiar for anybody to add on existing data records, so when we use blockchain to store IoT Data, strengthens the ability to keep venomous aggressors from impeding progress or development. Each new block in a cryptocurrency chain is linked to all the blocks before it in such a way that tampering is nearly impossible. Each payment enshrined in the blocks is verified and accepted by a consensus mechanism, ensuring that each agreement is true and accurate.