Optimizing the Resource Consumption of Blockchain Technology in Business Systems

Blockchain technology has gained a great public interest due to the appearance of cryptocurrencies, a digital asset used for exchanging funds. Although blockchain calculations offer the benefits of security and reduced costs, blockchain is still strongly criticised for its lack of usefulness and res...

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Main Authors:	Juričić Vedran, Radošević Matea, Fuzul Ena
Format:	Article
Language:	English
Published:	Sciendo 2020-11-01
Series:	Business Systems Research
Subjects:	blockchain proof of work optimization problem-solving np-complete problems c61
Online Access:	https://doi.org/10.2478/bsrj-2020-0028

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spelling	doaj-10f07683120c46cfa024e4c52ad1a8b12021-09-05T21:00:37ZengSciendoBusiness Systems Research1847-93752020-11-01113789210.2478/bsrj-2020-0028bsrj-2020-0028Optimizing the Resource Consumption of Blockchain Technology in Business SystemsJuričić Vedran0Radošević Matea1Fuzul Ena2Faculty of Humanities and Social Sciences, University of Zagreb, CroatiaFaculty of Humanities and Social Sciences, University of Zagreb, CroatiaFaculty of Humanities and Social Sciences, University of Zagreb, CroatiaBlockchain technology has gained a great public interest due to the appearance of cryptocurrencies, a digital asset used for exchanging funds. Although blockchain calculations offer the benefits of security and reduced costs, blockchain is still strongly criticised for its lack of usefulness and resource-heavy consumption.https://doi.org/10.2478/bsrj-2020-0028blockchainproof of workoptimizationproblem-solvingnp-complete problemsc61
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Juričić Vedran Radošević Matea Fuzul Ena
spellingShingle	Juričić Vedran Radošević Matea Fuzul Ena Optimizing the Resource Consumption of Blockchain Technology in Business Systems Business Systems Research blockchain proof of work optimization problem-solving np-complete problems c61
author_facet	Juričić Vedran Radošević Matea Fuzul Ena
author_sort	Juričić Vedran
title	Optimizing the Resource Consumption of Blockchain Technology in Business Systems
title_short	Optimizing the Resource Consumption of Blockchain Technology in Business Systems
title_full	Optimizing the Resource Consumption of Blockchain Technology in Business Systems
title_fullStr	Optimizing the Resource Consumption of Blockchain Technology in Business Systems
title_full_unstemmed	Optimizing the Resource Consumption of Blockchain Technology in Business Systems
title_sort	optimizing the resource consumption of blockchain technology in business systems
publisher	Sciendo
series	Business Systems Research
issn	1847-9375
publishDate	2020-11-01
description	Blockchain technology has gained a great public interest due to the appearance of cryptocurrencies, a digital asset used for exchanging funds. Although blockchain calculations offer the benefits of security and reduced costs, blockchain is still strongly criticised for its lack of usefulness and resource-heavy consumption.
topic	blockchain proof of work optimization problem-solving np-complete problems c61
url	https://doi.org/10.2478/bsrj-2020-0028
work_keys_str_mv	AT juricicvedran optimizingtheresourceconsumptionofblockchaintechnologyinbusinesssystems AT radosevicmatea optimizingtheresourceconsumptionofblockchaintechnologyinbusinesssystems AT fuzulena optimizingtheresourceconsumptionofblockchaintechnologyinbusinesssystems
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Optimizing the Resource Consumption of Blockchain Technology in Business Systems

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