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

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Author
Shahaab, Ali
Lidgey, Ben
Hewage, Chaminda
Khan, Imtiaz
Date
2019-03-21Acceptance date
2019-02-27
Type
Article
Publisher
IEEE
ISSN
2169-3536
Metadata
Show full item recordAbstract
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.
Journal/conference proceeding
IEEE Access;
Citation
Shahaab, A., Lidgey, B., Hewage, C. and Khan, I. (2019) 'Applicability and Appropriateness of Distributed Ledgers Consensus Protocols in Public and Private Sectors: A Systematic Review', IEEE Access, 7, pp.43622-43636. DOI: 10.1109/ACCESS.2019.2904181.
Description
Article published in IEEE Access on 21 March 2019, available open access at: https://doi.org/10.1109/ACCESS.2019.2904181.
Sponsorship
Cardiff Metropolitan University (Grant ID: Cardiff Metropolian (Internal))
Knowledge Economy Skills Scholarships through a major pan-Wales operation; European Social Funds through the Welsh Government, and through Companies House, UK
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