Research on the Blockchain-oriented Distributed Database

Abstract

Blockchain has aroused wide attention from a wide variety of industries since its emergence for its decentralized characteristics. This technology has set off a "paradigm" model revolution where science, technology, and social governance overlap. Using blockchain technology, the degree of centralized control of information storage and sharing can be reduced, and distributed collaborative bookkeeping can be achieved among unfamiliar subjects, and the "Internet of Information" leaps to the "Internet of Value". Conventional centralized databases and distributed databases cannot ensure the security, high expansion, efficient sharing, and management of information data for their technical limitations. Accordingly, it is of vital importance to develop a novel database architecture that integrates the features of blockchain technology and the sharing and synchronization functions of distributed databases and applies to applications that conform to the requirements of high security and decentralization. Furthermore, the intrinsic mechanism should be clarified, and it is imperative to explore the way of avoiding the risks of its application, which takes on critical significance in determining the future refined development direction.