A comparative analysis of distributed ledger technology platforms
Journal article
Chowdhury, M. J. M., Ferdous, M. S., Biswas, K., Chowdhury, N., Kayes, A. S. M., Alazab, M. and Watters, P.. (2019). A comparative analysis of distributed ledger technology platforms. IEEE Access. 7, pp. 167930-167943. https://doi.org/10.1109/ACCESS.2019.2953729
Authors | Chowdhury, M. J. M., Ferdous, M. S., Biswas, K., Chowdhury, N., Kayes, A. S. M., Alazab, M. and Watters, P. |
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Abstract | Distributed Ledger Technology (DLT) has emerged as one of the most disruptive technologies in the last decade. It promises to change the way people do their business, track their products, and manage their personal data. Though the concept of DLT was first implemented in 2009 as Bitcoin, it has gained significant attention only in the past few years. During this time, different DLT enthusiasts and commercial companies have proposed and developed several DLT platforms. These platforms are usually categorized as public vs private, general purpose vs application specific and so on. As a growing number of people are interested to build DLT applications, it is important to understand their underlying architecture and capabilities in order to determine which DLT platform should be leveraged for a specific DLT application. In addition, the platforms need to be evaluated and critically analyzed to assess their applicability, resiliency and sustainability in the long run. In this paper, we have surveyed several leading DLT platforms and evaluated their capabilities based on a number of quantitative and qualitative criteria. The comparative analysis presented in this paper will help the DLT developers and architects to choose the best platform as per their requirement(s). |
Keywords | distributed ledger technology; blockchain; immutability; DLT platforms |
Year | 2019 |
Journal | IEEE Access |
Journal citation | 7, pp. 167930-167943 |
Publisher | IEEE Xplore |
ISSN | 2169-3536 |
Digital Object Identifier (DOI) | https://doi.org/10.1109/ACCESS.2019.2953729 |
Scopus EID | 2-s2.0-85077741305 |
Open access | Published as ‘gold’ (paid) open access |
Research or scholarly | Research |
Page range | 167930-167943 |
Publisher's version | License File Access Level Open |
Output status | Published |
Publication dates | |
Online | 15 Nov 2019 |
Publication process dates | |
Accepted | 30 Oct 2019 |
Deposited | 17 Dec 2021 |
https://acuresearchbank.acu.edu.au/item/8x386/a-comparative-analysis-of-distributed-ledger-technology-platforms
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Publisher's version
OA_Chowdhury_2020_A_comparative_analysis_of_distributed_ledger.pdf | |
License: CC BY 4.0 | |
File access level: Open |
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