Blockchains have attracted interest as an innovative technology designed to lower transaction costs by securely enabling direct transactions among pbft blockchain bitcoin indeterminate number of mutually untrusted users. D by drawing on the security technology and distributed data processing technology it has accumulated from building mission-critical systems. He is currently engaged in the research and development of blockchain applications.
Financial Innovation Center, Financial Information Systems Sales Management Division, Financial Institutions Business Unit, Hitachi, Ltd. She is currently engaged in the planning of blockchains and AI. He is currently engaged in the research and development of blockchain platforms and data storage. Nemoto is a member of the IPSJ. He is currently engaged in the research and development of security technologies for blockchains and cloud computing. He is currently engaged in the research and development of blockchain platforms and cloud services.
Currently, he contributes to the Hyperledger Fabric Project. Sato is a member of the IPSJ and the IEEE. This article discusses the challenges facing blockchains and presents the results of repeated discussions with financial institutions and related government agencies that are blockchain user companies. 1 Project, and its work on developing highly dependable functions. 1 Hyperledger is a trademark of The Linux Foundation. Linux Foundation is a registered trademark of The Linux Foundation. Linux is a registered trademark of Linus Torvalds.
Various derivative technologies based on the three Bitcoin blockchain design concepts below have been proposed and are currently evolving. Hitachi has held repeated discussions with over 50 blockchain user companies, including financial institutions and government agencies, that have studied the use of blockchains. Table 1 lists the top five challenges discussed. Almost all the user companies mentioned privacy protection, processing speed and finalizing transactions in the discussions.
These are security and system performance issues related to non-functional requirements. It will also examine and improve the functions provided by blockchain platforms. In Phases 2 and 3, Hitachi will investigate coordination between finance and other industries such as logistics or healthcare. It will also draw on knowledge it has acquired from a wide range of business domains to investigate use cases for cross-industry coordination between industries that will underpin social infrastructure in the future. 1—Hitachi’s Approach to Expanding the Application of Blockchain.