4.6 Article

Decentralized Applications: The Blockchain-Empowered Software System

Journal

IEEE ACCESS
Volume 6, Issue -, Pages 53019-53033

Publisher

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/ACCESS.2018.2870644

Keywords

Blockchain; decentralized application; smart contract; software systems; survey

Funding

  1. National Natural Science Foundation of China [61671088]
  2. Natural Sciences and Engineering Research Council of Canada

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Blockchain technology has attracted tremendous attention in both academia and capital market. However, overwhelming speculations on thousands of available cryptocurrencies and numerous initial coin offering scams have also brought notorious debates on this emerging technology. This paper traces the development of blockchain systems to reveal the importance of decentralized applications (dApps) and the future value of blockchain. We survey the state-of-the-art dApps and discuss the direction of blockchain development to fulfill the desirable characteristics of dApps. The readers will gain an overview of dApp research and get familiar with recent developments in the blockchain.

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