BCT Unit 5,6 Notes by Dk?
BCT Unit 5,6 Notes by Dk?
BCT Unit 5,6 Notes by Dk?
Page
o itzdk. 28
TMPORTANT
NoTICE
PEACE 3
Salidits -
Solidits isa pragxamning language Specifcalls
designed fox witing & denlouing
deplauing Snat conta acts
Ethexeum
Tt
TH Suppoxts concepts like ibaaaies inhexitance&
the cxe ahan
cCUstom data stuctuies enabling-
Complex applicatians.
Cantaact Could be unit!
Fox eg 4 Saliditssmaxt
to withdxaul deposit Money in bank
Snaxt Cantxacts
A Smat cantxact is a selt- executing diatal
Contxact with texms af aqrement dixectls.
uxitten into code
Thee ensuxen
en Campliance ith legal stondands
shileautomatingpxocesSes IRe pauyments ox
Seuice deliuexs
2) Decentaalige d Autanomaus Oxqanigahans CDAOS)
Snaxtontxa cts Can manageu entire -oxganiqations
A DAO Opexates accozding to xules encoded
into Smaxt Cantxacts
Cantxacts automating tasks Such as
tind allocatian OX x voting
DAOS axe open-Sounce K also teature txanspaxe ncs
and in theoxaxe incaoxxupible
wconstxuCtox c)£
msg. sendex | Set contact deplase as
OLunex
Date
Page
Y Totesactwth Contxact -
Once deploued the contract becomes live &
Immutable
ahispex aneates
apeates aSapeex-
as to-peex piotacal
Tnstead of sending messages thxough Ce ntxal sexex,
ohispex distàbutes therm acx0sS netwoxk ot nodes.
Fach message is encauptedand bxoadcasted to all.
nodes in netuaxk but onls the intended xe cipient
Can
decxspt xead it using specific key
" To fuxthex pxatect
paivacy,Mhispex
techniques like message padiaq empla
andom delays
to pxerent tacking- OX
metadata analysis
Page
UNT-VI Page
EArplicatians
Suppls Chain Txanspavencs -
Blackchain ensues full txanspaency in suppls chain
by xecoxding eves stag at pxaduct's jauaey, fam
manufactuzing to delivesaa immutable ledgex.
Retailens and CoNSumeis Can vexfy the oxigin
quality authenticits af goads
goads inin Xeal- ime
Fax eq Wlalmaxt uses blockchoin to txack food
pxoducts. ensu~ing then axe feshand sa
2 Pxoduct Authenthcati
Countexfeit pxoducts signilfcant piablem
in xetail industs
chain
Blockchain helps in pxoduct authenticatan bu
helps
CXeating unique diqital xe coxd koy each tem
Date
Page
’ACxnss BaxdexPauments -
Tsaditianal intexnational payments axe slow x
expensive due tointexmediaxies
’ ) Asset Tokenigation
Blackchain allows tokenigatiaon of assets like
xeal estate atocks ox bonds
Page
Blockchain
waus:
can salve these pxohlems in
folasiag
Enhanced Secuzity -
Each yotecanabeseCurelu pcoxdedEin blockchoin
making it tamper <prna
i) Tanspaxency
Blockchain pxovides o txanspaxent system where
all votesaxe publicls yenfiable C
Cuuithout Xevealing.
vate x identities)
i) -
Accessibilty =
|m93 Blockchain- based vahng can enable xemote voing
allausing citiqans to cast theix vate secuxely from
anywhexe
i) Efciency - 20
t Applicatons Role
Rale ofo Blockchain
Blackchain inr Healtb Caxe -
+ "
Blackchain has the pattntial to
healthcaxe industay by impxoving dataxevaluionige
Secuithy
enhancing patient. pivacy_ n stxeamlining opeations
Key xales that blockchain plaus in healthcaxe
Secuxe Medical
Recaxds
Blackchain pravides a secuxe uay to sfoxe
patient Xecoxds ensuking that they cannot be
altexed Ox accessed wthaut pxapex authoxigaian
Patients Can gxant access totheix dato to
healthcaxe pkoiders 0s- needed. spacife
a) Tmpioved Data Shaing -
Blockchainallous seamless shaing af medical data
hetueen hospitals, clinics à labs, xeducing exxors_ in
diagnasis txeatment.
Page
4Secuxty -
By using Cayptoguaphic techniques. blackchan
pxotects TAT data fiom unauthaxiged acCeSs
tampezing
ach data enthislsvexifed a encyptdensuàing
deuices opérates secuiely eren in hostileennxonments.
Date
Page
3Smaxt Gids
Blackchain suppats Cxeathon of smaxt aids
Lohere Tat devices K SGensorS
K Seensns communicate efficieotlu
4 Micxogid Management
Blockchain facilitates management of micxaqiid
allauing Smal localiged enengusystems to
opoaate indepandently effcientls.
Eg in Xemote akeas
blockchain can help mana
micxogid that distbutes salax pauex among
cammunity ensuing faix sage
S) EMcientBilling x Payments -
Blackchain automates energy billing thxaugh
Smaxt ontxactsensuing accunate and timels
paynents