Blockchain: Key Principles

Author

Nadezda Chikurova, The Graduate Center, City University of New YorkFollow

Date of Degree

2-2022

Document Type

Capstone Project

Degree Name

M.S.

Program

Data Analysis & Visualization

Advisor

Aucher Serr

Subject Categories

Data Science

Keywords

history of blockchain, cryptography, open-source software, decentralization, data, cryptocurrency

Abstract

“Blockchain: Key Principles” is an interactive visual project that explains the importance of data privacy and security, decentralized computing, and open-source software in the modern digital world through the history of the underlying principles of blockchain technology. Some of these key concepts have their roots in the time before the Information Age. By explaining the history of these principles, I want to present the fact that over the past centuries, humanity has been fighting for their privacy, security, and the ability to efficiently express themselves one way or another. Blockchain technology, which was introduced to the public in 2008 through a White Paper and launched in 2009 as Bitcoin cryptocurrency, provides a possible approach to achieving these goals.

While initially blockchain technology was created to improve the financial industry, the structure of blockchain, which allows users to store, validate and transmit data, provides transparency, decentralization, and trust and could also be profitable in other economic, legal, and political systems.

Stable link of the project: https://nchikurova.github.io/history-of-blockchain/key-principles/.

Recommended Citation

Chikurova, Nadezda, "Blockchain: Key Principles" (2022). CUNY Academic Works.
https://academicworks.cuny.edu/gc_etds/4665