Blockchain Seminar Topics for Engineering Students

A distributed ledger or a list of transactions that allows for data to be captured & shared within a network is known as Blockchain. In a blockchain network technology, every member simply maintains their own information copy & all members should validate & store every update together. Blockchain is very similar to a Google sheet but somewhat different because blockchains allow only information to be added & once the data is added, then it cannot be removed. The main goal of blockchain is to permit digital data to be recorded & distributed but cannot be edited. In this manner, a blockchain is a foundation for absolute ledgers otherwise transaction records cannot be changed, deleted, or destroyed. This is why blockchains are also called DLT (distributed ledger technology). So this article lists blockchain seminar topics for engineering students.

Blockchain Seminar Topics for Engineering Students

The list of Blockchain seminar topics for engineering students is discussed below. These blockchain seminar topics are very helpful in selecting their seminar topic on Blockchain technology.

Crypto Currency Trading

Crypto trading is an exchange of one cryptocurrency for another by selling and buying coins & fiat money and exchanging it into crypto. Before trading currency, one has to learn about the market, practice and describe the trading purpose & consider always their finances. Cryptocurrency currency trading is the act of considering cryptocurrency price movements through a CFD trading account or selling & buying the underlying coins through an exchange.

Whenever you buy cryptocurrencies through an exchange, then you buy the coins themselves then you have to make an exchange account, build the complete asset value to open a position, & store the tokens of cryptocurrency in your own wallet until you are prepared to sell.

Blockchain Security

Security is the most significant factor for any blockchain protocol to set up a trustless environment. By using Blockchain technology, millions of datasets are simply exchanged frequently within a transparent public ledger. The blockchain value mainly depends on the immutability of records & resulting trust in the truth of records. The main factors that impact blockchain security are; Cryptography, governance, consensus, etc. To build scalable, compliant & sustainable applications, user privacy, operational impact & legal must be considered.

Blockchain Interoperability

Blockchain interoperability is the capability of blockchains for communicating with other blockchains. The blockchain interoperability foundation is cross-chain messaging protocols, which allow blockchains to read information & write data to other blockchains. Blockchain technology with Interoperability helps in resolving the assets issue & interacting data across numerous chains. Once two parties use the same platform of blockchain like Bitcoin, then data exchange & value digitally is a simple procedure. But, the same is not feasible whenever the parties utilize different platforms of blockchain.

In reality, the digital transfer procedure is made considerably harder because many companies employ this technology worldwide to operate in a broad range of blockchain networks. But, interoperability is projected to decrease substantially such issues like making it very easier for parties to manage across blockchains & have the blockchain interoperability benefits.

Blockchain Tools

The blockchain industry is evolving continually, so new tools are being developed constantly. It is very hard to guess which blockchain tools are very famous but some of the top tools are Ethereum, Hyperledger Fabric, Solidity, Corda & Embark because every tool has its own capabilities and also features. When a developer looks to make decentralized applications, an enterprise looks to develop supply chain management and a financial institution looks to update payment processing then a blockchain tool assists you in achieving all these goals.

Token Economics

Token economics is the study of creating cryptocurrency incentive mechanisms & operationalizing governance. Token economics (Tokenomics) simply explains the economics within the token ecosystem. The economics simply focuses on the interactions & behavior of agents & how economies work. Token economics is the value of a token & the incentive system within a network to assist in building the ecosystem around the fundamental project of that token. This can be simply understood as a division of economics that simply studies the policies, economic institutions, production ethics, distribution, consumption & services of goods that have been tokenized.

Blockchain Fundraising

Blockchain technology has a huge impact on the philanthropy & charity sector to help, manage & distribute funds in a safe and clear manner. Already blockchain innovations are used by governments & business in a wide range. Blockchain is a distributed database that simply allows for safe and clear transactions. Nonprofits can simplify their fundraising efforts & make donations safer. Nonprofit teams, donors & board members can track donations on the chain to make sure they are being utilized for future purposes.

Blockchain Consensus

A consensus mechanism in a blockchain system is a program used for achieving distributed agreement regarding the condition of ledgers. Usually, it is simply implemented within a network through many processes & users. Distributed ledgers, blockchains & Cryptocurrencies can help from their use because the consensus mechanism simply changes much slower human verifiers & auditing.

For example, the Bitcoin blockchain uses a Proof-of-Work mechanism, which needs computational power to resolve an encrypted puzzle known as a hash. After the hash is solved by one miner then Bitcoin’s POW needs that each node on the network confirms the data which has been modified by checking the size of the block, primary transaction, data structure, block header hash, and the block timestamp. After that, it completes a long operation verification checklist. So this verification takes very less time than solving the hash process which is known as mining.

Blockchain Governance

Governance is very challenging for all communities & organizations, particularly complex in decentralized settings. In a Blockchain system, Governance is very significant to confirm that a system has the proper incentives, is capable to grow, and succeeds to develop an ecosystem. Blockchain governance is the combination of culture & norms, the code & the laws, and the people & the institutions that make easy coordination & mutually establish a given organization. Governance becomes more difficult when you have various stakeholders in a specific blockchain network. Compared to private Blockchain networks, public Blockchain networks have very high governance risks.

Blockchain Ecosystem

Worldwide, people have been struggling continuously to keep their business & personal finances secure. But, the rate of success for financial safety goes up a few notches through blockchain technology. This is a decentralized ledger (all transactions recorded over a network) that creates an open & shared transactions or records database which cannot be changed or distributed across various networks without the wide consensus of applicants within these networks.

In the blockchain network, the blockchain ecosystem is the arrangement of all the participants that share the business procedure & business objectives. The ecosystem includes different governing structures such as ownership of data, Individual participation, entrance & exit criteria, and data shared with the participants of the system. It provides decentralization, scalability, immutability, flexibility for everyday operations. The blockchain ecosystem is a benefit for new technology projects & startups because it creates a consistent network.

Smart Contracts

A Smart Contract is a computer program in a Blockchain that directly & automatically controls the transmission of digital assets between the parties in certain conditions. This computer program simply works similarly to a traditional contract when automatically enforcing the contract. Smart contracts can execute precisely as they are set up by their creators. Similar to traditional contracts are enforceable by law; these contracts are enforceable through code.

Blockchain for IoT

Generally, both the Blockchain & Internet of Things are revolutionary technologies. Blockchain technology simply refers to an encrypted, decentralized & distributed computer filing system mainly designed to assist in the making of tamper-proof, real-time records. The Internet of Things is used to explain the interconnection of computing devices embedded in each day objects through the Internet that permits them to transmit & receive data.

Once you combine these two technologies jointly, you make a reliable, permanent & secure method to record processed data through intelligent or smart devices. Experts predicted a bright future for blockchain technology, as the scope only seems to be growing.

While Blockchain empowers IoT devices by enhancing their security and bringing transparency within the IoT ecosystems, IoT allows smart devices to send data to private blockchain ledgers to be included in shared transactions along with other tamper-resistant records. The combination of these two technologies can allow businesses to both access & split IoT data in their private network very securely without requiring any central control & management system.

Blockchain in Gaming

Blockchain technology is a decentralized and distributed digital ledger that allows very secure transactions & maintains its records. It has formed a new gaming experience for both industry & players who utilize NFTs & cryptocurrencies to buy in-game assets that could be switched for real-life money. So for instance, Axie Infinity includes globally thousands of players that utilize Ethereum-based cryptocurrencies.

By using blockchain gaming, every player can trade their things for earnings or other resources. As Blockchain technology creates a record of every item & its ownership, all players can deal with self-assurance to know that their things will not be duplicated or stolen.

Blockchain in Social Media

Blockchain-enabled social media is a very fast-growing sector that simply brings decentralized & permissionless blockchain protocols to platforms build for facilitating connection & content-sharing among people. Blockchain Social Media is a decentralized network platform built with blockchain platforms or protocols that simply allow applications & smart contracts development. Some of the blockchain protocols are; Ethereum, Stellar, and Steem which support social media DApps development.

Blockchain-based social media network platforms simply support content sharing social networking & even blogging, although being decentralized; they allow end-to-end encryptions for each interaction. Thus, blockchain social media simply provides revenue-generating chances to users otherwise content contributors.

Blockchain in Transport System

Blockchain technology in transport system companies is used to improve their payment & billing systems. Companies & clients can complete transactions through smaller commissions & faster transaction speed. These two parties can follow the movement of the vehicle on the road. Transport systems can draw many from blockchain technology; it is almost built especially for the sector. But, a number of solutions are being developed already that support transport businesses & it is predictable that the share of blockchain technology in this industry will grow continuously.

Blockchain technology is used in intelligent order delivery tracking systems. By increasing demand in same-day & express delivery services, usual tracking technologies are not sufficient. So, blockchain technology simply provides an immediate & scalable solution to track & authenticate various orders to improve the quality of transport and delivery company services.

Blockchain in Education Field

At present in educational institutions, one of the main challenges facing is the need to gather, store & analyze data on every student. This data mainly includes individual learning outcomes, academic progress & student portfolios. There are many advantages & challenges with blockchain technology in the education field. The ability to arrange such data efficiently across various departments will assist the institution in improving student maintenance & graduation rates. Conversely, the main challenge is to know how to incorporate technology into the educational systems.

This technology can assist in several ways like improving security & efficiency within the modern educational system. Blockchain is very beneficial in the education sector because it allows educational institutions to protect students’ data. So that they are capable to take ownership of their credentials, certificates, awards & academic identity.

Blockchain in Cybersecurity

The cybersecurity industry benefits from exclusive features of blockchain that form a practically unsolvable wall between the hacker & the system. The Blockchain’s inherently decentralized; consensuses nature & cryptographic principles will make it unfeasible for data to be interfered with. It also provides high data transparency & integrity standards. There are some blockchain use cases to improve cybersecurity like end-user safety, DNS & DDoS attack mitigation, Verification of KYC, IoT security, software downloads integrity, and protection of data transmission.

Blockchain in the Legal Industry

Blockchain technology’s role in the legal industry is to simplify digital signs, transactional work & store legal agreements. By using scripted text, automated contract management & smart contracts reduce extreme time spent in preparing, maintaining & personalizing normal law documents. Blockchain technology democratizes the right of entry to the justice system by cutting down on user complexity & lessening hefty legal fees.

In the legal sector, there are many benefits of blockchain technology like transparency, accessibility, efficiency, cost reduction, data integrity, automation, etc. There are many uses of blockchain technology within the legal sector are; smart contracts, DMS (document management system), IP (intellectual property), document notarization, the chain of custody, etc.

Blockchain in E-commerce

Blockchain technology in e-commerce is mainly used to transfer transactions in a secure, safe, & faster way. This technology simply allows a peer-to-peer transaction & data encryption system that simply enables secure transactional data transfer.

Blockchain technology creates transparency & achieves consensus-based faith without requiring a central authority. The decentralized ecosystem provides a strong structure that is not possible practically to hack. So it allows consumers to connect through various companies or other consumers to get rid of middlemen from the procedure.

Blockchain in Supply Chain Management

Not like usual supply chains, the supply chain based on blockchain technology will update the transaction records of data automatically once a change is made, improving traceability through the supply chain network. The supply chain networks based on Blockchain might require a private, closed & permissioned blockchain through limited actors as compared to Bitcoin & other financial blockchain-based applications. Four key actors play significant roles in these supply chain networks standard organizations, registrars, actors & certifiers. The basics of integrity & reliability within supply chains transparency & efficiency are simply provided through blockchain technology.

Blockchain in Healthcare

Emerging technology like Blockchain in health care is used to transfer patients’ medical records securely, make stronger healthcare data defenses, handle the supply chain of medicine & assist healthcare researchers to unlock genetic code.

This technology is mainly used to create innovative solutions in healthcare to protect & exchange patients’ data through diagnostic laboratories, hospitals, physicians & pharmacy firms. The applications Blockchain can precisely identify severe mistakes & even very unsafe ones within the medical field. So it can enhance the security, transparency & performance of medical data shared within the healthcare system. So technology is very helpful for medical institutions to achieve insight & also improve medical records analysis.

Some More Blockchain Seminar Topics for Engineering Students

The list of some more Blockchain seminar topics for engineering students is listed below.

1. Blockchain Impact on the financial industry.
2. Blockchain in Micropayments
3. Blockchain in Digital Marketing
4. Blockchain in Digital identity.
5. Blockchain in Online Education
6. Blockchain in Voting systems.
7. The Blockchain Potential in Social Networking Platforms.
8. Role of Blockchain in combating fraud.
9. Blockchain Role in Global Trade Finance.
10. The Blockchain Potential in the Airline Industry.
11. Blockchain in Future Online Advertising.
12. Blockchain in the Food Industry.
13. Blockchain in Real Estate.
14. Blockchain in Virtual Reality.
15. Blockchain Role in Data Privacy.
16. Blockchain in Energy Management.
17. Blockchain in the Diamond Industries.
18. The Blockchain Impact on the insurance industry.
19. Blockchain in Cross-border Payments.
20. The Blockchain Impact on Intellectual Property Rights.
21. Blockchain Role in the Renewable Energy Sector.
22. Blockchain in Peer-to-Peer Transactions.
23. Blockchain in Copyright Protection.
24. Blockchain in Identity Management.
25. The Blockchain Potential in the Music Industry.
26. Blockchain Technology usage in the Art Industry.
27. Blockchain in the International Trade.
28. Blockchain in Counterfeit Goods in Tracking & Preventing.
29. Blockchain Impact on Traditional Payment Systems.
30. The Blockchain Potential in the Charity Sector.

Thus, this is the list of Blockchain seminar topics for engineering students. This is a very superior database mechanism that simply allows transparent data sharing in a business system. The database of blockchain stores data within blocks that are connected jointly in a chain. Blockchain technology utilizes a distributed ledger, data & transactions which are identically recorded in various locations. All network participants by permission access observe similar information simultaneously for providing complete transparency. Here is a question for you, what is Bitcoin?