Blockchain technology: challenges and opportunities for banks

2019 ◽  
Vol 2 (4) ◽  
pp. 314
Author(s):  
Pierluigi Martino
Keyword(s):  
Blockchain Technology ◽  
Challenges And Opportunities

Issues and Challenges (Privacy, Security, and Trust) in Blockchain-Based Applications

2021 ◽  
pp. 196-209
Author(s):  
Siddharth M. Nair ◽  
Varsha Ramesh ◽  
Amit Kumar Tyagi
Keyword(s):  
Internet Of Things ◽  
Point Of View ◽  
Security And Privacy ◽  
Future Trends ◽  
Security Issue ◽  
Blockchain Technology ◽  
Challenges And Opportunities ◽  
And Control ◽  
Near Future

The major issues and challenges in blockchain over internet of things are security, privacy, and usability. Confidentiality, authentication, and control are the challenges faced in security issue. Hence, this chapter will discuss the challenges and opportunities from the prospective of security and privacy of data in blockchain (with respect to security and privacy community point of view). Furthermore, the authors will provide some future trends that blockchain technology may adapt in the near future (in brief).

Artificial and Natural Intelligence Techniques as IoP- and IoT-Based Technologies for Sustainable Farming and Smart Agriculture

2021 ◽  
pp. 40-53
Author(s):  
Vardan Mkrttchian
Keyword(s):  
Sliding Mode ◽  
Research Community ◽  
End User ◽  
Sustainable Farming ◽  
Model Driven ◽  
Blockchain Technology ◽  
Challenges And Opportunities ◽  
Intellectual Control ◽  
New Challenges ◽  
Smart Agriculture

In this chapter, the author describes the main new challenges and opportunities of blockchain technology for digital economy in Russia. The study in Russia showed that the Russian research community has not addressed a majority of these challenges, and he notes that blockchain developer communities actively discuss some of these challenges and suggest myriad potential solutions. Some of them can be addressed by using private or consortium blockchain instead of a fully open network. In general, the technological challenges are limited at this point, in terms of both developer support (lack of adequate tooling) and end-user support (hard to use and understand). The recent advances on developer support include efforts by of the towards model-driven development of blockchain applications sliding mode in intellectual control and communication and help the technological challenges and created tools. The chapter shows how avatars may communicate with each other by utilizing a variety of communications methods for sustainable farming and smart agriculture.

scholarly journals Blockchain technology in the energy sector: A systematic review of challenges and opportunities

2019 ◽  
Vol 100 ◽  
pp. 143-174 ◽  
Author(s):  
Merlinda Andoni ◽  
Valentin Robu ◽  
David Flynn ◽  
Simone Abram ◽  
Dale Geach ◽  
...  
Keyword(s):  
Systematic Review ◽  
Energy Sector ◽  
Blockchain Technology ◽  
Challenges And Opportunities

scholarly journals Blockchain Technology: Challenges and Opportunities in the World of Indirect Taxes

2021 ◽  
Vol 12 (3) ◽  
pp. 4473-4482
Author(s):  
Suhas Saini Et.al
Keyword(s):  
Real Time ◽  
Tax Evasion ◽  
Proof System ◽  
Blockchain Technology ◽  
The World ◽  
Indirect Taxes ◽  
Challenges And Opportunities ◽  
Block Chain

Blockchain Technology revolutionize the market of digitization. Blockchain technology has also emerged as a solution in case of indirect taxes also. This technology can transform the tax regime and can contribute majorly to digital India. In GST a registered firm has to file 37 returns during a year, this technology will reduce this burden off the vendors as all the transactions are recorded in real time in block chain , which removes the need of filing any return. Transparency of system will remove all the loopholes from the system and tax evasion will also become impossible which will ultimately lead to reduction in frauds and a tampered proof system. Blockchain has brought a lot of excitement and this technology has shown its potential to transform business. But what this technology could do for the world of indirect tax? This paper will look at the challenges and opportunities that lies ahead for government in the world of indirect taxes.

scholarly journals A Cross-Sectional Review of Blockchain in Thailand: Research Literature, Education Courses, and Industry Projects

2021 ◽  
Vol 11 (11) ◽  
pp. 4928
Author(s):  
Suporn Pongnumkul ◽  
Thachaparn Bunditlurdruk ◽  
Pimwadee Chaovalit ◽  
Atima Tharatipyakul
Keyword(s):  
Academic Research ◽  
Research Literature ◽  
Research Articles ◽  
Practical Implementation ◽  
Research Knowledge ◽  
Cross Sectional ◽  
Blockchain Technology ◽  
Literature Reviews ◽  
Challenges And Opportunities ◽  
Education Courses

Blockchain technology, a decentralized database that encourages collaboration, transparency, and security, is popular in Thailand, as seen from many practical projects. Nevertheless, information about Thailand’s blockchain ecosystem is incomplete. We conducted literature reviews of research articles, education courses, and industry projects, to explore blockchain from the technology adoption flow including academic research, knowledge acquisition, and project implementation. Blockchain research articles were collected from the Scopus database, while projects and courses were retrieved from an internet search. After applying inclusion and exclusion criteria, a total of 13 research articles, 50 courses, and 54 industry projects, dated from 2016 to 2020, were included in our review. Based on an analysis with respect to trends, focuses, and characteristics in all three aspects, we found that blockchain technology in Thailand was in its infancy, but has been increasing in numbers and domain varieties. However, blockchain technology did not move towards the same direction for all aspects. Most research articles were found in government services, supply chain, and traceability domains; while most projects were in the financial domains. We offer possible explanations for this observation. This paper provides challenges and opportunities for the research community and involved parties in practical implementation.

scholarly journals Banking Governance in The Era of Digital Transformation

2020 ◽  
Vol 9 (2) ◽  
pp. 10-16
Author(s):  
Badr FIGUIGUI ◽  
◽  
Fouad MACHROUH ◽  
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Two Dimensions ◽  
Digital Transformation ◽  
Governance System ◽  
Blockchain Technology ◽  
Theoretical Approaches ◽  
Challenges And Opportunities ◽  
The Board Of Directors ◽  
The Impact

For nearly four decades, we have been witnessing the development of the concept of corporate governance. This concept has evolved considerably since its appearance because of its multidisciplinary nature and the high diversity of its theoretical grids. There are two main theoretical approaches. The disciplinary and cognitive approaches. Given the challenges and opportunities of digital transformation and its inevitable impact on the bank's business model, it is natural that it also impacts on its governance. This impact can be analyzed from the two dimensions of governance. First, a cognitive dimension, which concerns all the players in the governance system, particularly the board of directors. Then, a disciplinary dimension dictated by the radical transformation of the confidence relations (Board of Directors/managers) established by the blockchain technology which could call into question the notion of opportunism advocated by the agency theory as the basis of the disciplinary approach of governance. In this paper, we will explore from an unprecedented analysis of the impact of digital transformation on banking governance. This analysis will focus on the two dimensions of governance: disciplinary and cognitive. Finally, an empirical study will be presented on the digital transformation at the level of Moroccan banks which refers in particular to the cognitive aspects of governance. Keywords: corporate governance, disciplinary governance, cognitive governance, banking governance, digital transformation

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