Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review

A. Shahaab; B. Lidgey; C. Hewage; I. Khan

doi:10.1109/ACCESS.2019.2904181

Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review

A. Shahaab^*, B. Lidgey, C. Hewage, I. Khan

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

54 Citations (Scopus)

Abstract

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.

Original language	English
Article number	6287639
Pages (from-to)	43622-43636
Number of pages	15
Journal	IEEE Access
Volume	7
DOIs	https://doi.org/10.1109/ACCESS.2019.2904181
Publication status	Published - 21 Mar 2019

Keywords

Blockchain technology
DLTs for public sector
Govtech
consensus algorithms
distributed consensus protocols
distributed ledger technology
distributed systems
permissioned and permissionless blockchains

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10.1109/ACCESS.2019.2904181

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abstract = "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.",

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KW - Blockchain technology

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KW - Govtech

KW - consensus algorithms

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Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review

Abstract

Keywords

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