Degree

Master of Science in Computer Science

Department

Department of Computer Science

Faculty / School

Faculty of Computer Sciences (FCS)

Date of Submission

2019-06-30

Supervisor

Dr. Imran Khan, Professor, Department of Computer Science

Document type

MSCS Survey Report

Abstract

In the last decade there are some breakthrough researches which are emerging as key frameworks for future technologies and Blockchain is one of those. Adopting a new technology is always a challenge. Some of the early implementations/applications of Blockchain based projects prove to be effective for the commercial world. The implementations bring forth some of the key questions which needs to be addressed for its successful implementation and adoption of this technology, such as why there is a need for blockchain, what are the existing problem and challenges that blockchain is solving for us, why we must adopt this technology, why not any other technology and for what purposes. In order to answer these questions a thorough research has been conducted and presented in this paper. The research will act as a catalyst for the implementation of Blockchain technology in a cost efficient and time efficient manner. One of the key achievements of Blockchain technology is the improvement in the traditional processes.

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