TY - JOUR
T1 - Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors
T2 - A Systematic Review
AU - Shahaab, A.
AU - Lidgey, B.
AU - Hewage, C.
AU - Khan, I.
N1 - Publisher Copyright:
© 2013 IEEE.
PY - 2019/3/21
Y1 - 2019/3/21
N2 - Advancement of consensus protocols in recent years has enabled distributed ledger technologies (DLTs) to find its application and value in sectors beyond cryptocurrencies. Here we reviewed 66 known consensus protocols and classified them into philosophical and architectural categories, also providing a visual representation. As a case study, we focus on the public sector and highlighted potential protocols. We have also listed these protocols against basic features and sector preference in a tabular format to facilitate selection. We argue that no protocol is a silver bullet, therefore should be selected carefully, considering the sector requirements and environment.
AB - Advancement of consensus protocols in recent years has enabled distributed ledger technologies (DLTs) to find its application and value in sectors beyond cryptocurrencies. Here we reviewed 66 known consensus protocols and classified them into philosophical and architectural categories, also providing a visual representation. As a case study, we focus on the public sector and highlighted potential protocols. We have also listed these protocols against basic features and sector preference in a tabular format to facilitate selection. We argue that no protocol is a silver bullet, therefore should be selected carefully, considering the sector requirements and environment.
KW - Blockchain technology
KW - DLTs for public sector
KW - Govtech
KW - consensus algorithms
KW - distributed consensus protocols
KW - distributed ledger technology
KW - distributed systems
KW - permissioned and permissionless blockchains
UR - http://www.scopus.com/inward/record.url?scp=85064806278&partnerID=8YFLogxK
U2 - 10.1109/ACCESS.2019.2904181
DO - 10.1109/ACCESS.2019.2904181
M3 - Article
AN - SCOPUS:85064806278
SN - 2169-3536
VL - 7
SP - 43622
EP - 43636
JO - IEEE Access
JF - IEEE Access
M1 - 6287639
ER -