Analyzing Collaborative Networks in Block-chain Research (2016-2022): A Scopus-based Study of Research Publications

Abstract

Block-chain technology has swiftly emerged as a transformative force across varied sectors, revolutionizing data storage, security, and sharing. Originally introduced as the spine of cryptocurrencies like Bitcoin, Block-chain has evolved into a multifaceted innovation with applications surpassing finance. As its potential gains recognition, research volume dedicated to understanding and enhancing its applications intensifies. Block-chain, a secure and decentralized data management system, offers anonymity, security, privacy, transparency, and authenticity. The rapid evolution of this technology, extending beyond its cryptocurrency origins, has spurred prolific research across industries, driving collaborative efforts among authors, institutions, and regions. Analysis of 3419 research publications from 2016 to 2022 reveals a steep growth rate of 149.99%, emphasizing the field's exponential expansion. The scholarly impact is evident, with an average of 11.73 citations per document and 118,957 references. Collaboration metrics, including the Collaboration Index, Degree of Collaboration, and Collaboration Coefficient, demonstrate a growing trend of cooperation, reflecting a collective endeavor to unravel the complexities of Block-chain. The Modified Collaboration Coefficient further highlights inclusivity, displaying diverse voices contributing to Block-chain research. This collaborative ethos underscores the promise of Block-chain technology, propelling us toward a future enriched by collective intellect and innovative advancements.