Impact of Digital Technology and the Use of Blockchain Technology from the Consumer Perspective

2019 ◽  
pp. 271-292
Author(s):  
Hande Begüm Bumin Doyduk
Keyword(s):  
Digital Technology ◽  
Blockchain Technology ◽  
Consumer Perspective

Prospects for the development of blockchain technology in agribusiness

2021 ◽  
Author(s):  
E.S. Ivanova ◽  
◽  
P.V. Petrov ◽  
Keyword(s):  
Human Activity ◽  
Digital Technology ◽  
Agricultural Market ◽  
Blockchain Technology ◽  
Active Implementation

Currently, there is an active implementation of digital solutions in agriculture, which will reduce the costs of the enterprise and optimize logistics processes. Blockchain is a promising digital technology that is finding more and more applications in various fields of human activity. Its advantage is the control and security of information, with the help of which it is possible to increase transparency, traceability, and ensure the identification of goods in the agricultural market.

scholarly journals ANALYSIS OF FEASIBILITY OF BLOCKCHAIN TECHNOLOGY FOR INTERNATIONAL TRADE RELATED TO SRI LANKAN CONSTRUCTION INDUSTRY

2021 ◽  
Author(s):  
H.D. Weerakoon ◽  
◽  
H. Chandanie ◽  
Keyword(s):  
International Trade ◽  
Information Sharing ◽  
Construction Industry ◽  
Digital Technology ◽  
Sri Lankan ◽  
The Past ◽  
Blockchain Technology ◽  
Lack Of Information ◽  
Financial Flow ◽  
Additional Charges

Sri Lankan (SL) construction industry has been trading with overseas suppliers to fulfil the need for material and technology. This process faces many issues due to the poor digitalisation of the industry. The financial flow of international trade is dominated by financial institutions (i.e., banks) and the industry faces many issues e.g., delays, additional charges, complexity, lack of information sharing, and requiring legal assistance. Blockchain Technology (BCT) has emerged as a revolutionary digital technology in the past decade. Key features of BCT i.e., immutability, decentralisation, distributed ledgers, enhanced security, consensus, and speed have been identified to provide solutions for issues in the various industries including the supply chain. Hence this paper aims to investigate the feasibility of using BCT to solve existing issues in financial flow with special reference to the barriers to adopt it in the international trade of the Sri Lankan construction industry. As the data collection method, an expert opinion forum was carried out by involving both international trade experts and blockchain specialists in the Sri Lankan construction industry. Key findings present that BCT can solve issues such as transparency issues and poor information sharing between parties, excessive documentation and complexities, payment delays, and financial costs in the international trade of the SL construction industry. Further, findings revealed that the government’s approval, legal requirements, lack of knowledge and technology, and reluctance to change the industry can act as barriers to adopt BCT in Sri Lanka.

Does Bitcoin Follow the Market Conditions Anymore?

2019 ◽  
Vol 9 (2) ◽  
pp. 51
Author(s):  
Harun ERCAN
Keyword(s):  
Time Series ◽  
Risk Management ◽  
Wavelet Analysis ◽  
Digital Technology ◽  
Cross Correlation ◽  
Market Conditions ◽  
Goods And Services ◽  
Market Values ◽  
Blockchain Technology ◽  
The Cost

Recent research on the economics of digitization investigates the dramatic changes in markets by digital technology. Digital technology has caused significant differences in in the cost of storage, computation, and transmission of data. As one of the latest sign of digitization in our life, the use of cryptocurrencies has been drawing attention of all market players. Blockchain technology is recently reallocating resources, restructuring of routines, changing market relationships and patterns of the flow of goods and services. This study investigates the coherence of Bitcoin with the movements of the main indicators of different markets. Aim of this research is to clarify whether this cryptocurrency follows the market conditions or not. Because the movements of the market values of Bitcoin are aimed to be investigated to show that they can be used separately as a tool of risk management. For this reason, wavelet analysis has been employed to define cross-correlation between time series of the daily USD value of Bitcoin and some market indicators. Some literature asserts that Bitcoin has recently started to follow market conditions. If Bitcoin process follows the market conditions more than before, that if This analysis will explain if there is a change in hedging possibility of Bitcoin recently.

scholarly journals Digital leadership: State governance in the era of digital technology

2021 ◽  
pp. 209660832198983
Author(s):  
Bo Peng
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Digital Technology ◽  
Digital Competence ◽  
Industrial Transformation ◽  
Digital Implementation ◽  
Blockchain Technology ◽  
Standard Component ◽  
State Governance ◽  
Daunting Challenge

The rise of digital technology, as represented by artificial intelligence, blockchain technology, cloud computing, big data, edge computing and 5G, is not only leading a new round of economic and industrial transformation, but also reshaping society and fundamentally transforming state governance. In retrospect, almost every recent catastrophe in China has been followed by substantial advances in the Chinese internet. While the COVID-19 pandemic poses a daunting challenge for the country, it has provided an opportunity for digital technology to be deployed in the fight against it. After COVID-19, it will be important to establish a model of governance that is compatible with digital technology, so a government with digital leadership will be a standard component of a digital society. Digital leadership and state capacity are theoretically based on the same foundation. Both are organic bodies supported by digital insights, digital decision-making, digital implementation and digital guidance, with digital thinking as the basis. All aspects collaborate throughout the process of state governance to assist its modernisation. Digital competence, platforms, government and talent should be improved as part of digital leadership.

scholarly journals Blockchain technology as a regulatory technology: From code is law to law is code

First Monday ◽  
2016 ◽  
Author(s):  
Primavera De Filippi ◽  
Samer Hassan
Keyword(s):  
Digital Technology ◽  
Computer Code ◽  
The Internet ◽  
Smart Contracts ◽  
Legal Rules ◽  
Legal Code ◽  
Traditional Notion ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Internet Users

“Code is law” refers to the idea that, with the advent of digital technology, code has progressively established itself as the predominant way to regulate the behavior of Internet users. Yet, while computer code can enforce rules more efficiently than legal code, it also comes with a series of limitations, mostly because it is difficult to transpose the ambiguity and flexibility of legal rules into a formalized language which can be interpreted by a machine. With the advent of blockchain technology and associated smart contracts, code is assuming an even stronger role in regulating people’s interactions over the Internet, as many contractual transactions get transposed into smart contract code. In this paper, we describe the shift from the traditional notion of “code is law” (i.e., code having the effect of law) to the new conception of “law is code” (i.e., law being defined as code).

scholarly journals The Blockchain Challenge for Higher Education Institutions

2019 ◽  
Vol 2 (3) ◽  
pp. 41 ◽  
Author(s):  
Halvdan Haugsbakken ◽  
Inger Langseth
Keyword(s):  
Higher Education ◽  
Digital Technology ◽  
Higher Education Institutions ◽  
Digital Technologies ◽  
Education Institution ◽  
Blockchain Technology ◽  
Traditional Research ◽  
History Of ◽  
Research And Education ◽  
Technology Trend

Blockchain technology is argued to be the next “big” digital technology trend that will challenge a number of organizations, including higher education institutions. In contrast, higher education institutions have a history of being slow to adopt new digital technologies in the organizational apparatus. The question that remains discussing is whether universities will approach blockchain technologies in ways that are different from traditional research and education. This paper intends to discuss three particular ways in which blockchain may challenge higher education institution. The paper questions whether blockchain technologies can democratize and automate learning process, reduce costly bureaucracy and be adopted in higher education institutions. In sum, the intent is to invite to a discussion on blockchain and address whether or in what ways higher education institutions should adopt blockchain technologies as a digital technology.

Absolute Transformation and CLAHE E-Voting System Using Blockchain Technology

2020 ◽  
Vol 17 (11) ◽  
pp. 4890-4896
Author(s):  
S. Mahalakshmi ◽  
N. Archana ◽  
B. Sundarambal ◽  
A. Dineshkumar
Keyword(s):  
Digital Technology ◽  
Voting Systems ◽  
Unauthorized Access ◽  
Ordinary Method ◽  
Aes Algorithm ◽  
Blockchain Technology ◽  
Election System ◽  
Voting System ◽  
Block Chain ◽  
Centralized System

Nowadays the growth of digital technology has increased since it is more helpful for people. The main threats in the general ballot system are security and transparency. The current voting system is a centralized system based on a single organization. Main issue in the ordinary method is that only one organization maintains the entire database since it is centralized. The problem is that the organization can make unauthorized access to the database and alter the data or remove the data from the database which leads to loss/change of data. The better solution for this problem is making the existing election system decentralized. For making the database decentralized we use block chain technology. By using this technology we can make the datas more secure and not accessed by anyone. So there is no loss/change of data. Implementing blockchain in e-voting systems can reduce the unauthorized database manipulations. AES algorithm can be used to encrypt the data from the fingerprint sensor. This paper also presents various studies on the existing e-voting systems and shows how our voting system is better and different from the former.

Blockchain Technology and Healthcare Applications

2022 ◽  
pp. 180-191
Author(s):  
Anita Venaik ◽  
Sanjeev Bansal ◽  
Rinki Kumari
Keyword(s):  
Digital Technology ◽  
Theoretical Framework ◽  
Third Parties ◽  
Healthcare Applications ◽  
Blockchain Technology ◽  
Smart Healthcare ◽  
Distributed Ledger

Blockchain technology (BCT) is an evolving digital technology that changes digital operations' dimensions by conducting distributed ledger transactions without the involvement of third parties. The chapter aims to examine the use of BCT in healthcare and develop a hierarchical theoretical framework. The framework is based on the stakeholder principle and exposes BC's effect on smart healthcare. Its decentralised existence is an ideal catalyst for the much-needed transition toward well-organised healthcare as it solves the most pressing issues.

scholarly journals Blockchain in Indonesia University: A Design Viewboard of Digital Technology Education

2021 ◽  
Vol 3 (1) ◽  
pp. 68-80
Author(s):  
Amitkumar Dudhat ◽  
Nuke Puji Lestari Santoso ◽  
Henderi ◽  
Sugeng Santoso ◽  
Riri Setiawati
Keyword(s):  
Learning Process ◽  
Digital Technology ◽  
Evaluation Model ◽  
Technology In Education ◽  
Access To Education ◽  
Design Elements ◽  
Blockchain Technology ◽  
Experimental Implementation ◽  
Teaching Team ◽  
Ongoing Project

The challenge that has often occurred in recent years is making access to education using a different learning process path. The presence of technology now provides solutions to problems that often occur such as communication, accessing information, and business or cooperation. Blockchain is a technology that develops an evaluation model for itineraries in the learning process, both individually and in bulk. Currently the Edublocs project has been designed and implemented, which combines elements of peer-to-peer learning and the teaching team. The aim of the Edublocs project is to simplify the process of designing and implementing a system for recording activity results through blockchain technology. This ongoing project is in the process of evaluation. Conforming to some design elements as well as experimental implementation in the context of higher education enables us to further indicate the sustainability and relevance of the application of blockchain technology in education.

scholarly journals The Prospects for the Use of Digital Technology “Blockchain” in the Pharmaceutical Market

2018 ◽  
Vol 193 ◽  
pp. 02029 ◽  
Author(s):  
Vladimir Plotnikov ◽  
Valentina Kuznetsova
Keyword(s):  
Digital Technology ◽  
Modern Technology ◽  
Counterfeit Drugs ◽  
Economic Relations ◽  
Digital Devices ◽  
Positive Effects ◽  
Blockchain Technology ◽  
Opportunistic Behaviour ◽  
Quality Of Medical Care ◽  
The Impact

The development of information technology in the modern economy is one of the drivers of economic growth. Digital technologies are developing at an accelerating pace. Digitalization stimulates not only economic, but also social and technological progress. The impact of digital technology in different industries is not the same. The authors of the article consider such promising modern technology as Blockchain. Its advantage is that the information is protected from unauthorized modification. This transforms the system of economic relations. The level of trust increases. Opportunistic behaviour of participants in contractual relations is blocked. As a result, economic efficiency improves. These positive effects are analyzed in the case of the pharmaceutical industry. The introduction of Blockchain technologies into pharmaceuticals allows you to track all stages of production of drugs and guarantee their quality. Blockchain technology allows you to confirm the authenticity of recipes and the drugs with the help of special digital devices. The consequence of this is a reduction in the number of counterfeit drugs on the market, as well as improving the quality of medical care for the population.

Sign in / Sign up

Export Citation Format

Share Document