Transparent and irreversible data using Blockchain

Marek Šíp

Bakalářská práce

Abstract:

This thesis will be dedicated to analysis of Block chain technology as a trust-free system for transparent and irreversible data exchange and storage. The principles of current and past distributed transaction ledgers will be provided to accent the huge improvement within the last years mainly due to invention of Bitcoin the decentralized currency system. Since that time block chain has been adapted and modified into decentralized voting token exchange or domain name registration systems. Currently the Block chain technology is considered to be as important as the invention of internet itself. Block chain is considered to have potential to succeed due to its transparent privacy-enhancing decentralize trust-free and open-source development nature.The work will be introducing advantages of decentralized applications used to overcome imperfections of centralized systems such as single point of failure and lack of transparency. More specifically this thesis will describe the engine and structure behind block chain. Moreover how society in general could benefit from its usage. The usage of Block chain technology will be demonstrated by a smart-contract application built on top of Ethereum platform.

Keywords

decentralization, distributed timestamp database, peer to peer, bitcoin, ethereum, dapp, consensus, blockchain, decentralized computing

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 13. 3. 2016

Obhajoba závěrečné práce

• Vedoucí: Ing. Jiří Brožek, Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program / obor:
Systems Engineering and Informatics / Informatics