scholarly journals New Model of Food Supply Chain Finance Based on the Internet of Things and Blockchain

2021 ◽  
Vol 2021 ◽  
pp. 1-8
Author(s):  
Yan Hong
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Data Storage ◽  
Information Technologies ◽  
Business Models ◽  
Mobile Internet ◽  
Supply Chain Finance ◽  
New Business ◽  
System Data ◽  
Agricultural Supply

The grain supply chain not only broadens the financing channels for small and medium-sized enterprises in the supply chain and strengthens the cohesion of the supply chain but also opens up new business models and sources of profit for commercial banks. This article aims to study the use of advanced information technologies such as mobile Internet, Internet of Things (IoT) transmission, BT, and other advanced information technologies to design intelligent grain depot integrated systems based on the IoT technology, in accordance with the principles of practicality and advancement, to realize the informatization of the daily management of the grain depot and provide construction experience for the informatization construction of the food industry. This article proposes a detailed summary of several models of agricultural supply chain finance from the perspective of supply chain management and analyzes the applicable conditions and basic processes of these models. It also analyzes the structure of the agricultural supply chain through typical cases, introduces the operation of supply chain finance, and evaluates and analyzes its effectiveness and problems. The experimental results in this paper show that, compared with other storage methods, this solution has obvious advantages in data query efficiency and data storage cost. Without a central server, the entire distributed system will have a certain degree of efficiency, reliability, and cost-effectiveness. When the amount of grain data reaches 100,000, 1 million, and 10 million, the system data integrity check time is 0.0263 seconds, 0.3251 seconds, and 1.5032 seconds, respectively. The program seems very useful.

scholarly journals The Role of Internet of Things on the Development of Ports as a Holder in the Supply Chain

2018 ◽  
Vol 54 (1) ◽  
pp. 61-73
Author(s):  
Mladen Jardas ◽  
Čedomir Dundović ◽  
Marko Gulić ◽  
Katarina Ivanić
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Information Transfer ◽  
Information Technologies ◽  
Business Models ◽  
Business Processes ◽  
New Technology ◽  
Supply And Demand ◽  
Business Environment ◽  
Weak Links

The new technology greatly affects the way of production, consumption, communication, service delivery and ultimately on the entire supply chain. All stakeholders in the business process must invest in new knowledge and develop new business models to adapt to the changing business environment. Connecting devices over internet (Internet of things) and stakeholders’ synergy open up opportunities for new market achievements as well as for the improvement of business processes both in the supply chain and in ports. The development of information technologies has an impact on the reduction of errors, costs, time of information transfer and transport, inventory reduction and thus on better customization. There should be no weak links in the supply chain, which is especially related to the port and port processes that are the basis of the supply chain network. The port is the core of all activities of the supply chain and is also a place where supply and demand meet.

scholarly journals Customers’ Intentions to Switch to Internet-Only Banks: Perspective of the Push-Pull-Mooring Model

2021 ◽  
Vol 13 (14) ◽  
pp. 8062
Author(s):  
Cheolho Yoon ◽  
Dongsup Lim
Keyword(s):  
Financial Services ◽  
Structural Equation ◽  
Information Technologies ◽  
Business Models ◽  
Internet Banking ◽  
Equation Modeling ◽  
Research Model ◽  
Financial Industry ◽  
Banking Services ◽  
New Business

The advent of fintech is blowing a new wind into the financial industry. New business models have been created and consumers’ access to financial services is higher than ever. Internet-only banks based on advanced information technologies have emerged as a leader in the fintech industry, and these banks are fiercely competing with large banks using internet banking as a weapon to attract new customers. The purpose of this study is to explore the factors that influence customers’ intention to switch to internet-only banking services from traditional internet banking services in Korea. To this end, a research model was developed based on the push-pull-mooring model (PPM), which is a migration theory. The research model was analyzed using partial least squares structural equation modeling (PLS-SEM). The findings will provide the practitioners of the new internet-only bank with strategic guidance for attracting new customers and help practitioners of traditional banks to retain current customers.

scholarly journals A Study on the Optimization of Blockchain Hashing Algorithm Based on PRCA

2020 ◽  
Vol 2020 ◽  
pp. 1-12
Author(s):  
Jinhua Fu ◽  
Sihai Qiao ◽  
Yongzhong Huang ◽  
Xueming Si ◽  
Bin Li ◽  
...  
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Data Transmission ◽  
Reconfigurable Computing ◽  
Hash Function ◽  
Network Data ◽  
Supply Chain Finance ◽  
Hash Algorithm ◽  
Hashing Function ◽  
Hashing Algorithm

Blockchain is widely used in encrypted currency, Internet of Things (IoT), supply chain finance, data sharing, and other fields. However, there are security problems in blockchains to varying degrees. As an important component of blockchain, hash function has relatively low computational efficiency. Therefore, this paper proposes a new scheme to optimize the blockchain hashing algorithm based on PRCA (Proactive Reconfigurable Computing Architecture). In order to improve the calculation performance of hashing function, the paper realizes the pipeline hashing algorithm and optimizes the efficiency of communication facilities and network data transmission by combining blockchains with mimic computers. Meanwhile, to ensure the security of data information, this paper chooses lightweight hashing algorithm to do multiple hashing and transforms the hash algorithm structure as well. The experimental results show that the scheme given in the paper not only improves the security of blockchains but also improves the efficiency of data processing.

The future of the Internet of Things: toward heterarchical ecosystems and service business models

2018 ◽  
Vol 33 (6) ◽  
pp. 749-767 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund ◽  
Robert Wendelin
Keyword(s):  
Internet Of Things ◽  
Business Model ◽  
Value Chain ◽  
Large Scale ◽  
Business Models ◽  
The Internet ◽  
Content Type ◽  
Industry Collaboration ◽  
New Business ◽  
The Internet Of Things

Purpose This study aims to understand their emergence and types of business models in the Internet of Things (IoT) ecosystems. Design/methodology/approach The paper builds upon a systematic literature review of IoT ecosystems and business models to construct a conceptual framework on IoT business models, and uses qualitative research methods to analyze seven industry cases. Findings The study identifies four types of IoT business models: value chain efficiency, industry collaboration, horizontal market and platform. Moreover, it discusses three evolutionary paths of new business model emergence: opening up the ecosystem for industry collaboration, replicating the solution in multiple services and return to closed ecosystem as technology matures. Research limitations/implications Identifying business models in rapidly evolving fields such as the IoT based on a small number of case studies may result in biased findings compared to large-scale surveys and globally distributed samples. However, it provides more thorough interpretations. Practical implications The study provides a framework for analyzing the types and emergence of IoT business models, and forwards the concept of “value design” as an ecosystem business model. Originality/value This paper identifies four archetypical IoT business models based on a novel framework that is independent of any specific industry, and argues that IoT business models follow an evolutionary path from closed to open, and reversely to closed ecosystems, and the value created in the networks of organizations and things will be shareable value rather than exchange value.

Analysis of the Forces Reshaping the Mobile Internet Business

2011 ◽  
pp. 19-45
Author(s):  
Hannu Verkasalo
Keyword(s):  
Business Models ◽  
End Users ◽  
Mobile Internet ◽  
Competitive Strategies ◽  
Mobile Business ◽  
Business Decisions ◽  
Value Network ◽  
Mobile Industry ◽  
New Business ◽  
Internet Business

This article studies the emergence of the mobile Internet business from six strategic perspectives, highlighting the ongoing transformations of the mobile industry. The article suggests that companies of the mobile industry can reconstruct their business models with six different kinds of choices: 1. Positioning differently in the value network, involving both vertical and horizontal movements. 2. Acquiring and developing critical assets and competencies to build sustaining and dynamic competitive strategies. 3. Inventing new mobile business models by utilizing the lessons from the Internet. 4. Integrating end-users in making and redefining services, optimizing pricing logic, introducing new business models with end-user originated content creation in mind, and making services easy to adopt by end-users. 5. Leveraging and focusing on disruptive, winning technologies that are changing the rules of the business. 6. Adapting to relevant policy schemes, and proactively planning and reconsidering business decisions under a dynamic regulatory environment.

Industrial Automation Using Internet of Things

2022 ◽  
pp. 355-383
Author(s):  
Samyak Jain ◽  
K. Chandrasekaran
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
Low Cost ◽  
Intelligent Manufacturing ◽  
Industrial Automation ◽  
Industrial Systems ◽  
Industrial Iot ◽  
New Business ◽  
Real Time Computing ◽  
Efficiency And Productivity

This chapter presents a comprehensive view of Industrial Automation using internet of things (IIoT). Advanced Industries are ushering in a new age of physical production backed by the information-based economy. The term Industrie 4.0 refers to the 4th paradigm shift in production, in which intelligent manufacturing technology is interconnected with physical machines. IIoT is basically a convergence of industrial systems with advanced, near-real-time computing and analytics, powered by low cost and low power sensing devices leveraging global internet connectivity. The key benefits of Industrial IoT systems are a) improved operational efficiency and productivity b) reduced maintenance costs c) improved asset utilization, monitoring and maintenance d) development of new business models e) product innovation and f) enhanced safety. Key parameters that impact Industrial Automation are a) Security b) Data Integrity c) Interoperability d) Latency e) Scalability, Reliability, and Availability f) Fault tolerance and Safety, and g) Maintainability, Serviceability, and Programmability.

Combining E-Commerce and Blockchain Technologies to Solve Problems and Improve Business Results

2021 ◽  
pp. 173-192
Author(s):  
Albérico Travassos Rosário
Keyword(s):  
Supply Chain ◽  
Business Models ◽  
Digital Transformation ◽  
The Internet ◽  
Chain Management ◽  
Blockchain Technology ◽  
Business Results ◽  
New Business ◽  
Financial Transactions ◽  
New Business Models

The internet and digital transformation have changed our relations with the market. These technologies have been developing continuously, creating opportunities for new business models, and e-commerce has grown overwhelmingly worldwide, changing the consumption process of a large part of the world's population. Companies are increasingly using blockchain technology to improve and create new global trading business models. Blockchain had its first application in cryptocurrencies, but it has quickly become a major solution in all sorts of activity sectors, providing increased security in commercial transactions. An important question is how the blockchain can leverage e-commerce in solving problems and improving business results. It was concluded that blockchain could leverage e-commerce in the four fundamental areas of (1) e-commerce financial transactions, (2) e-commerce supply chain management, (3) e-commerce forecasting and contractual relations, and (4) e-commerce transactions systems' trust and credibility.

scholarly journals Research on measurement of supply chain finance credit risk based on Internet of Things

2019 ◽  
Vol 15 (9) ◽  
pp. 155014771987400 ◽  
Author(s):  
Waseem Ahmed Abbasi ◽  
Zongrun Wang ◽  
Yanju Zhou ◽  
Shahzad Hassan
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Credit Risk ◽  
Measurement Model ◽  
The Internet ◽  
Financial Model ◽  
Model Based ◽  
Supply Chain Finance ◽  
Credit Risk Measurement ◽  
The Internet Of Things

This article first expounds the concept of supply chain finance and its credit risk, describes the hierarchical structure of the Internet of Things and its key technologies, and combines the unique functions of the Internet of Things technology and the business process of the inventory pledge financing model to design the supply chain financial model based on the Internet of Things. Then it studies the credit risk assessment under the supply chain financial model based on the Internet of Things, and uses the support vector machine algorithm and Logistic regression method to establish a credit risk measurement model considering the subject rating and debt rating. Finally, an example analysis shows that the credit risk measurement model has a high accuracy rate for determining whether small and medium-sized enterprises in the supply chain financial model based on the Internet of Things are trustworthy. This will facilitate the revision and improvement of the existing credit evaluation system and improve the accuracy of measuring the current financial risk of supply chain. This research adopts the Internet of Things to measure financial credit risk in supply chain and provides a reference for the following researches.

Sign in / Sign up

Export Citation Format

Share Document