Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review

Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review

Advancement of consensus protocols in recent years has enabled distributed ledger technologies (DLTs) to find its application and value in sectors beyond cryptocurrencies. Here we reviewed 66 known consensus protocols and classified them into philosophical and architectural categories, also providin...

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Bibliographic Details
Main Authors: A. Shahaab, B. Lidgey, C. Hewage, I. Khan
Format: Article
Language:English
Published: IEEE 2019-01-01
Series:IEEE Access
Subjects:
Blockchain technology
consensus algorithms
distributed consensus protocols
distributed ledger technology
DLTs for public sector
distributed systems
Online Access:https://ieeexplore.ieee.org/document/8672572/
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spelling doaj-bc9f9d9a725b4752bc0b6719e95d58aa2021-03-29T22:49:23ZengIEEEIEEE Access2169-35362019-01-017436224363610.1109/ACCESS.2019.29041818672572Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic ReviewA. Shahaab0https://orcid.org/0000-0002-4646-4551B. Lidgey1C. Hewage2https://orcid.org/0000-0001-7593-6661I. Khan3Cardiff School of Technologies, Cardiff Metropolitan University, Cardiff, U.K.Companies House, Cardiff, U.K.Cardiff School of Technologies, Cardiff Metropolitan University, Cardiff, U.K.Cardiff School of Technologies, Cardiff Metropolitan University, Cardiff, U.K.Advancement of consensus protocols in recent years has enabled distributed ledger technologies (DLTs) to find its application and value in sectors beyond cryptocurrencies. Here we reviewed 66 known consensus protocols and classified them into philosophical and architectural categories, also providing a visual representation. As a case study, we focus on the public sector and highlighted potential protocols. We have also listed these protocols against basic features and sector preference in a tabular format to facilitate selection. We argue that no protocol is a silver bullet, therefore should be selected carefully, considering the sector requirements and environment.https://ieeexplore.ieee.org/document/8672572/Blockchain technologyconsensus algorithmsdistributed consensus protocolsdistributed ledger technologyDLTs for public sectordistributed systems
collection DOAJ
language English
format Article
sources DOAJ
author A. Shahaab
B. Lidgey
C. Hewage
I. Khan
spellingShingle A. Shahaab
B. Lidgey
C. Hewage
I. Khan
Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
IEEE Access
Blockchain technology
consensus algorithms
distributed consensus protocols
distributed ledger technology
DLTs for public sector
distributed systems
author_facet A. Shahaab
B. Lidgey
C. Hewage
I. Khan
author_sort A. Shahaab
title Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
title_short Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
title_full Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
title_fullStr Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
title_full_unstemmed Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review
title_sort applicability and appropriateness of distributed ledgers consensus protocols in public and private sectors: a systematic review
publisher IEEE
series IEEE Access
issn 2169-3536
publishDate 2019-01-01
description Advancement of consensus protocols in recent years has enabled distributed ledger technologies (DLTs) to find its application and value in sectors beyond cryptocurrencies. Here we reviewed 66 known consensus protocols and classified them into philosophical and architectural categories, also providing a visual representation. As a case study, we focus on the public sector and highlighted potential protocols. We have also listed these protocols against basic features and sector preference in a tabular format to facilitate selection. We argue that no protocol is a silver bullet, therefore should be selected carefully, considering the sector requirements and environment.
topic Blockchain technology
consensus algorithms
distributed consensus protocols
distributed ledger technology
DLTs for public sector
distributed systems
url https://ieeexplore.ieee.org/document/8672572/
work_keys_str_mv AT ashahaab applicabilityandappropriatenessofdistributedledgersconsensusprotocolsinpublicandprivatesectorsasystematicreview
AT blidgey applicabilityandappropriatenessofdistributedledgersconsensusprotocolsinpublicandprivatesectorsasystematicreview
AT chewage applicabilityandappropriatenessofdistributedledgersconsensusprotocolsinpublicandprivatesectorsasystematicreview
AT ikhan applicabilityandappropriatenessofdistributedledgersconsensusprotocolsinpublicandprivatesectorsasystematicreview
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