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Blockchain technology is evolving, with China focusing on smart city applications and international research on finance. This study analyzes blockchain

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Area of Science:

  • Computer Science
  • Economics
  • Urban Studies

Background:

  • Blockchain technology is a significant emerging trend with diverse applications.
  • Existing research categorizes blockchain into six core layers: Application, Contract, Actuator, Consensus, Network, and Data.
  • The global adoption of blockchain is accelerating across various industries.

Purpose of the Study:

  • To analyze and categorize blockchain research based on its six core layers.
  • To compare the focus of blockchain research between China and international communities.
  • To investigate the interplay between cryptocurrencies, monetary entropy, and smart cities.

Main Methods:

  • Literature review and analysis of published papers and articles on blockchain technology.
  • Categorization of research based on the six core layers of blockchain.
  • Application of monetary entropy and Kolmogorov entropy to measure crypto-economic chaos in smart cities.

Main Results:

  • Chinese research prioritizes blockchain applications in smart cities and industry.
  • International research emphasizes blockchain in finance, integrating crypto assets with traditional industries.
  • Smart cities and cryptocurrencies exhibit a mutually reinforcing relationship, with monetary entropy impacting crypto-economic stability.

Conclusions:

  • Blockchain technology's large-scale application is an inevitable trend.
  • Divergent research focuses exist between China and the international community regarding blockchain applications.
  • Cryptocurrencies and smart cities have a symbiotic relationship, influenced by economic entropy and market chaos.