scholarly journals A Survey on Blockchain Interoperability: Past, Present, and Future Trends

2022 ◽  
Vol 54 (8) ◽  
pp. 1-41
Author(s):  
Rafael Belchior ◽  
André Vasconcelos ◽  
Sérgio Guerreiro ◽  
Miguel Correia

Blockchain interoperability is emerging as one of the crucial features of blockchain technology, but the knowledge necessary for achieving it is fragmented. This fact makes it challenging for academics and the industry to achieve interoperability among blockchains seamlessly. Given this new domain’s novelty and potential, we conduct a literature review on blockchain interoperability by collecting 284 papers and 120 grey literature documents, constituting a corpus of 404 documents. From those 404 documents, we systematically analyzed and discussed 102 documents, including peer-reviewed papers and grey literature. Our review classifies studies in three categories: Public Connectors, Blockchain of Blockchains, and Hybrid Connectors. Each category is further divided into sub-categories based on defined criteria. We classify 67 existing solutions in one sub-category using the Blockchain Interoperability Framework, providing a holistic overview of blockchain interoperability. Our findings show that blockchain interoperability has a much broader spectrum than cryptocurrencies and cross-chain asset transfers. Finally, this article discusses supporting technologies, standards, use cases, open challenges, and future research directions, paving the way for research in the area.

Author(s):  
Mohammed Fisal Abu Khaled

This chapter intends to document the various ways that the nascent technology, blockchain, and other forms of distributed ledger technology (DLT) can provide both increased and decreased risk as well as offer FinTech industries a fertile environment to pursue key technological advancements that can help shape almost every facet of the financial world. Issues of trust, transparency, and privacy will be explored as it pertains to the execution of blockchain technology within financial sectors. Strengths and weakness will be explored within regulations, legal environments, risk management, and the environment. Based on the findings of a comprehensive literature review, possible solutions and recommendations will be provided for governmental agencies, regulators, and users of financial services with a special focus on Islamic FinTech. Future research directions will also be shared that can assist Islamic FinTech.


Author(s):  
Mohammed Fisal Abu Khaled

This chapter intends to document the various ways that the nascent technology, blockchain, and other forms of distributed ledger technology (DLT) can provide both increased and decreased risk as well as offer FinTech industries a fertile environment to pursue key technological advancements that can help shape almost every facet of the financial world. Issues of trust, transparency, and privacy will be explored as it pertains to the execution of blockchain technology within financial sectors. Strengths and weakness will be explored within regulations, legal environments, risk management, and the environment. Based on the findings of a comprehensive literature review, possible solutions and recommendations will be provided for governmental agencies, regulators, and users of financial services with a special focus on Islamic FinTech. Future research directions will also be shared that can assist Islamic FinTech.


Symmetry ◽  
2019 ◽  
Vol 11 (10) ◽  
pp. 1198 ◽  
Author(s):  
Ismail ◽  
Materwala

Over the last decade, blockchain technology has emerged to provide solutions to thecomplexity and privacy challenges of using distributed databases. It reduces cost for customers byeliminating intermediaries and builds trust in peer-to-peer communications. Over this time, theconcept of blockchain has shifted greatly due to its potential in business growth for enterprisesand the rapidly evolving applications in a collaborative smart-city ecosystem, healthcare, andgovernance. Many platforms, with different architectures and consensus protocols, have beenintroduced. Consequently, it becomes challenging for an application developer to choose the rightplatform. Furthermore, blockchain has misaligned with the goals for an efficient green collaborativedigital ecosystem. Therefore, it becomes critical to address this gap and to build new frameworks toalign blockchain with those goals. In this paper, we discuss the evolution of blockchain architectureand consensus protocols, bringing a retrospective analysis and discussing the rationale of theevolution of the various architectures and protocols, as well as capturing the assumptions conduciveto their development and contributions to building collaborative applications. We introduce aclassification of those architectures helping developers to choose a suitable platform for applicationsand providing insights for future research directions in the field to build new frameworks.


2009 ◽  
Vol 26 (1) ◽  
pp. 46-69
Author(s):  
Shamas-Ur-Rehman Toor

Management from Islamic Perspectives (MIP) is an emerging field that has begun to attract scholarly attention. However, the research undertaken so far has been rather fragmented and lack a clear agenda. This paper presents a literature review of the field and the areas of current focus. Although the field has a huge growth potential, I argue that it faces several challenges and problems as it develops further. I outline these potential pitfalls, suggest how to develop MIP as a formal discipline, and explain how to integrate it within real-life business practices. The article closes with a call for research to be conducted in a more organized fashion through an international consortium of researchers as well as recommendations for future research directions.


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.


2009 ◽  
Vol 26 (1) ◽  
pp. 46-69
Author(s):  
Shamas-Ur-Rehman Toor

Management from Islamic Perspectives (MIP) is an emerging field that has begun to attract scholarly attention. However, the research undertaken so far has been rather fragmented and lack a clear agenda. This paper presents a literature review of the field and the areas of current focus. Although the field has a huge growth potential, I argue that it faces several challenges and problems as it develops further. I outline these potential pitfalls, suggest how to develop MIP as a formal discipline, and explain how to integrate it within real-life business practices. The article closes with a call for research to be conducted in a more organized fashion through an international consortium of researchers as well as recommendations for future research directions.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jiju Antony ◽  
Bart A. Lameijer ◽  
Hans P. Borgman ◽  
Kevin Linderman

Purpose Although scholars have considered the success factors of process improvement (PI) projects, limited research has considered the factors that influence failure. The purpose of this paper is to extend the understanding of PI project failure by systematically reviewing the research on generic project failure, and developing research propositions and future research directions specifically for PI projects. Design/methodology/approach A systematic literature review protocol resulted in a total of 97 research papers that are reviewed for contributions on project failure. Findings An inductive category formation process resulted in three categories of findings. The first category are the causes for project failure, the second category is about relatedness between failure factors and the third category is on failure mitigation strategies. For each category, propositions for future research on PI projects specifically are developed. Additional future research directions proposed lay in better understanding PI project failure as it unfolds (i.e. process studies vs cross-sectional), understanding PI project failure from a theoretical perspective and better understanding of PI project failure antecedents. Originality/value This paper takes a multi-disciplinary and project type approach, synthesizes the existing knowledge and reflects upon the developments in the field of research. Propositions and a framework for future research on PI project failure are presented.


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