Abstract
Distributed Ledger Technology (DLT) based network provides an increasing application trends for various use cases. Distributed Ledger Technology (DLT) and Blockchain (BC) are used interchangeably in the current trend. DLT or Blockchain is an emerging decentralized and distributed computing paradigm that underpins the bitcoin cryptocurrency. The technology trend is shifting toward a trustless network, meaning there is no need to trust any of the components of the network, which is distributed in the form of a connected network. We discuss the issues arising in use cases based on business modeling while designing and implementing a DLT-based system. However, the problem of designing the system for implementation of DLT is competitive as compared to non-blockchain-based systems in terms of transaction throughput and scalability. In this chapter, we analyze the shortcomings of designing DLT-based network and its implementation as well as its underlying blockchain technology. We also present the framework and simulation results as well as network benchmarking using different tools and techniques considering two different DLT-based networks such as Ethereum and Hyperledger fabric.
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Ojha, G., Kumar, R., Bajracharya, R., Shrestha, R. (2022). Distributed Ledger Technology: Use Cases, Design, and Implementation Issues. In: Kaiwartya, O., Kaushik, K., Gupta, S.K., Mishra, A., Kumar, M. (eds) Security and Privacy in Cyberspace. Blockchain Technologies. Springer, Singapore. https://doi.org/10.1007/978-981-19-1960-2_7
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DOI: https://doi.org/10.1007/978-981-19-1960-2_7
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