Dragon fusion- a decentralized application

Abstract

The revolutionary technology effecting different industries widely, introduced in the market with its very first modern application “Bitcoin”. Bitcoin is a digital currency known as cryptocurrency that can be used in the place of paper money while trading online. There is a misunderstanding among the people that the concept of Blockchain technology and cryptocurrencies are the same, which is not the case. One of the applications of the Blockchain technology includes the development of cryptocurrencies other than Bitcoin. There are numerous applications developed by Blockchain technology that include Ethereum as well as Hyperledger. Ethereum and Bitcoin are categorized as public blockchains which as compared to private blockchains are nowadays less preferred because of its scalability issues, less secure network, increased chances of potential collisions, slow working and many more. However, the whole topic of public and private blockchains is not taught in daily lectures because it is an advance topic in the field of Computer Sciences and further new discoveries are being done in this particular field. People nowadays are really concentrating on investigating new ideas for the increment of their money. A number of gaming applications are developed using Blockchain technology providing the opportunity to invest their money digitally in the form of cryptocurrencies in a more entertained and amused atmosphere. Cryptokitties is a fine example of this, which is based on the concept of Ethereum. The main objective of this project is to develop a decentralized gaming application based on the concept of Blockchain using Hyperledger that would help people get familiar with Hyperledger that is one of the most emerging technology in the software industry nowadays. It would encourage the users to learn more features of the private blockchain thus solving the issues of the public blockchains and providing them with a completely interesting and joyful environment.