Distributed Ledger Technology: State-of-the-Art and Current Challenges
- Rostelecom
Moscow, Russia
mariya.v.gorbunova@rt.ru - National Research University Higher School of Economics
Russia
mkomarov@hse.ru - Brno University of Technology
Brno, Czech Republic
masekpavel@vutbr.cz - Tampere University
Tampere, Finland
aleksandr.ometov@tuni.fi
Abstract
Distributed Ledger Technology (DLT) is making the first steps toward becoming a solution for the growing number of various decentralized systems world-wide. Unlike pure Blockchain, DLT finds many uses across different industries, including eHealth, finance, supply chain monitoring, and the Internet of Things (IoT). One of the vital DLT features is the ability to provide an immutable and commonly verifiable ledger for larger-scale and highly complex systems. Today’s centralized systems can no longer guarantee the required level of availability and reliability due to the growing number of the involved nodes, complicated heterogeneous architectures, and task load, while the publicly available distributed systems are still in their infancy. This paper aims to provide an exhaustive topical review of the state-of-the-art of Distributed Ledger Technology applicability in various sectors. It outlines the importance of the practical integration of technology-related challenges, as well as potential solutions.
Key words
Distributed management, Distributed information systems, Data storage systems, Information exchange, Information security
Digital Object Identifier (DOI)
https://doi.org/10.2298/CSIS210215037G
Publication information
Volume 19, Issue 1 (January 2022)
Year of Publication: 2022
ISSN: 2406-1018 (Online)
Publisher: ComSIS Consortium
Full text
Available in PDF
Portable Document Format
How to cite
Gorbunova, M., Masek, P., Komarov, M., Ometov, A.: Distributed Ledger Technology: State-of-the-Art and Current Challenges. Computer Science and Information Systems, Vol. 19, No. 1, 65-85. (2022), https://doi.org/10.2298/CSIS210215037G