Current State and Latest Trends in Blockchain Technology and its Usage and the Effects on Business Use Cases

Author(s):  
Alexander Heimes ◽  
Johannes Zenkert ◽  
Madjid Fathi
Author(s):  
Srinivas Mahankali ◽  
Sudhir Chaudhary

Every individual undergoes a series of educational programs and acquires skills and pedagogical certifications throughout his/her life from various educational and skill development organisations across the world, including the companies they work for. It is imperative that there is a comprehensive record of these certifications that can be authentically verified by those wanting to employ the individual for these respective skills accredited through certifications. In this chapter, the authors explore the utility of blockchain technology-led digitization, automation of trust, and disintermediation in education sector. They examine some of the prominent use cases and challenges faced by blockchain technology. They also look at the current state of blockchain technology-enabled applications in related domains and its implications for the education sector in India along with a real-life illustration with implementation using AuxCert on Auxledger, a permissioned blockchain platform from Auxesis group.


Author(s):  
Svitlana Ilkovych ◽  
◽  
Maryna Korol ◽  

The article considers the essence of blockchain technology and the possibility of its application in the banking sector. The current state of development and application of blockchain technologies in various industries is analyzed. The pros and cons of using blockchain technologies for the banking sector are identified. Emphasis is placed on the role of blockchain technologies in the further development of the banking sector. The most promising directions of development of this technology are considered. Particular attention is paid to examples of the use of blockchain technology by global banking institutions.


2019 ◽  
Vol 7 (4) ◽  
pp. 716-720
Author(s):  
Deepak Kumar Verma ◽  
Varsha Katheria ◽  
Mazhar Khaliq

Information ◽  
2021 ◽  
Vol 12 (4) ◽  
pp. 158
Author(s):  
Pierre Vanhulst ◽  
Raphaël Tuor ◽  
Florian Évéquoz ◽  
Denis Lalanne

Annotations produced by analysts during the exploration of a data visualization are a precious source of knowledge. Harnessing this knowledge requires a thorough structure of annotations, but also a means to acquire them without harming user engagement. The main contribution of this article is a method, taking the form of an interface, that offers a comprehensive “subject-verb-complement” set of steps for analysts to take annotations, and seamlessly translate these annotations within a prior classification framework. Technical considerations are also an integral part of this study: through a concrete web implementation, we prove the feasibility of our method, but also highlight some of the unresolved challenges that remain to be addressed. After explaining all concepts related to our work, from a literature review to JSON Specifications, we follow by showing two use cases that illustrate how the interface can work in concrete situations. We conclude with a substantial discussion of the limitations, the current state of the method and the upcoming steps for this annotation interface.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pei Xu ◽  
Joonghee Lee ◽  
James R. Barth ◽  
Robert Glenn Richey

PurposeThis paper discusses how the features of blockchain technology impact supply chain transparency through the lens of the information security triad (confidentiality, integrity and availability). Ultimately, propositions are developed to encourage future research in supply chain applications of blockchain technology.Design/methodology/approachPropositions are developed based on a synthesis of the information security and supply chain transparency literature. Findings from text mining of Twitter data and a discussion of three major blockchain use cases support the development of the propositions.FindingsThe authors note that confidentiality limits supply chain transparency, which causes tension between transparency and security. Integrity and availability promote supply chain transparency. Blockchain features can preserve security and increase transparency at the same time, despite the tension between confidentiality and transparency.Research limitations/implicationsThe research was conducted at a time when most blockchain applications were still in pilot stages. The propositions developed should therefore be revisited as blockchain applications become more widely adopted and mature.Originality/valueThis study is among the first to examine the way blockchain technology eases the tension between supply chain transparency and security. Unlike other studies that have suggested only positive impacts of blockchain technology on transparency, this study demonstrates that blockchain features can influence transparency both positively and negatively.


10.2196/17199 ◽  
2020 ◽  
Vol 22 (7) ◽  
pp. e17199 ◽  
Author(s):  
Rania El-Gazzar ◽  
Karen Stendal

There has been an increasing interest in blockchain technology from the health care sector in the last couple of years. The value proposition for using blockchain technology in the health care sector is to share sensitive patient data among health care entities securely and to empower patients. Blockchain technology allows patients to have an active role in developing and updating their own patient data. However, is blockchain technology really the silver bullet it seems to be? With this paper, we aim to understand the benefits and challenges of blockchain technology in the health care sector. We discuss innovation and security implications concerning blockchain technology in health care. Furthermore, we show that there is a need for more use cases to ensure the secure sharing of data within the health care sector. In our opinion, blockchain technology will not solve the issues encountered by the health care sector; in fact, it may raise more issues than it will solve.


2021 ◽  
Author(s):  
Lesya Kononenko ◽  
◽  
Nataliia Sysolina ◽  
Oksana Yurchenko ◽  
◽  
...  

The article examines the current state of receivables management, identifies the main problems and suggests ways to overcome them, including accounting. The research methodology is based on general scientific methods of cognition: historical, logical, systemic, induction, deduction, analysis, synthesis; methods of statistical data processing, classification, grouping. Emphasis is placed on the growth of receivables and its consistently high share in the current assets of domestic enterprises over the past three years, which necessitates the development of measures to optimize its management. Modern software, including the subsystem "Accounting" "1C: Enterprise 8" does not contain a separate complex for accounting for receivables and the provision for doubtful debts. This determines the expediency of accrual of the provision for doubtful debts in the subsystem "Accounting" in the document "Debt Adjustment", which is designed to adjust the debt of mutual settlements with counterparties and is responsible for the function of debt write-off. It is proved that the process of receivables management in the conditions of digitalization can be optimized by integrating communication and network technologies. Integration processes provide the formation of a common information environment at the micro and macro levels with access to internal and external users of accounting information. It is advisable to integrate the function of information exchange with a single database of counterparties in modern software products for accounting automation. This will allow you to obtain information about counterparties, the existence of contractual relations, the state of receivables and the procedure for its repayment. The single database will provide an opportunity for information exchange between suppliers, customers, banking institutions, legal and factoring organizations, government agencies of the fiscal service and statistics. All these measures will optimize the process of managing receivables in terms of the use of information technology. The prospect of further research is to study the information support of receivables management in the application of blockchain technology.


Author(s):  
Peng Zhang ◽  
Douglas C. Schmidt ◽  
Jules White ◽  
Gunther Lenz

Author(s):  
Vardan Mkrttchian ◽  
Leyla Ayvarovna Gamidullaeva ◽  
Yulia Vertakova ◽  
Svetlana Panasenko

The chapter introduces the perspectives on the use of avatar-based management techniques for designing new tools to improve blockchain as technology for cyber security issues. The purpose of this chapter was to develop an avatar-based closed model with strong empirical grounding that provides a uniform platform to address issues in different areas of digital economy and creating new tools to improve blockchain technology using the intelligent visualization techniques. The authors show the essence, dignity, current state, and development prospects of avatar-based management using blockchain technology for improving implementation of economic solutions in the digital economy of Russia.


Author(s):  
Hemraj Saini ◽  
Geetanjali Rathee ◽  
Dinesh Kumar Saini

In this chapter, the authors have detailed the need of blockchain technology along with its case studies in different domains. The literature survey is described that describes how blockchain technology is rising. Further, a number of domains where blockchain technology can be applied along with its case studies have been discussed. In addition, the authors have considered the various use cases with their recent issues and how these issues can be resolved using the blockchain technology by proposing some new ideas. A proposed security framework in certain applications using blockchain technology is presented. Finally, the chapter is concluded with future directions.


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