INVESTIGATION OF RESEARCH ISSUES IN BLOCKCHAIN TECHNOLOGY

Abstract

With the advent of blockchain technology, it can be safe and fair to say that many industries have undergone and will continue to undergo a drastic change. This paper seeks to provide the reader with a thorough investigation of the current areas of research in blockchain technology. We undertake experiments and analyses and address challenges and opportunities related to problems such as scalability, privacy, interoperability, and energy efficiency. Our contributions show the promise of new consensus paradigms, cryptography, and cross-chain solutions in the resolution of these issues. Moreover, we examine the uses of blockchain technology within the context of supply chain management, health information systems, and decentralized finance (DeFi). The outcomes of this research enrich the existing literature on blockchain studies and lay grounds for its further development.