Distributed Ledger Technology and the Future of Payment Services

2017 ◽  
Author(s):  
Elli Karaindrou
Keyword(s):  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
The Future ◽  
Payment Services

scholarly journals Distributed Ledger Technology and the Future of Money and Banking

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Fred Huibers
Keyword(s):  
Peer To Peer ◽  
Lessons Learned ◽  
Financial Industry ◽  
Monetary Reform ◽  
Monetary System ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
The Future ◽  
The Status ◽  
Substantial Investment

Abstract Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. https://bitcoin.org/bitcoin.pdf outlined an alternative to the current monetary system in which banks are replaced by a peer-to-peer system to issue and transfer digital money: the Bitcoin. While Bitcoin has attracted a substantial investment volume, the system has not achieved the status of a viable alternative monetary system. However, the distributed ledger technology (DLT) underlying the payment system is being applied successfully by financial institutions and is likely to have important implications for the future of money and banking. In this paper we therefore focus on the most advanced distributed ledger application in the financial industry: R3 Corda. This paper is structured as follows. In the first section, we relate the debate about systems of money creation to the rise of Bitcoin. Next, the development of R3 Corda is discussed and the lessons learned for monetary reform. We conclude with an assessment of the scope and likelihood of monetary reform as a consequence of DLT applications by central banks.

scholarly journals The Future of Mobile Edge Computing

2021 ◽  
pp. 81-105
Author(s):  
Yan Zhang
Keyword(s):  
Artificial Intelligence ◽  
Edge Computing ◽  
Security And Privacy ◽  
Mobile Edge Computing ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Service Efficiency ◽  
The Future

AbstractThis chapter first introduces the fundamental principles of blockchain and the integration of blockchain and mobile edge computing (MEC). Blockchain is a distributed ledger technology with a few desirable security characteristics. The integration of blockchain and MEC can improve the security of current MEC systems and provide greater performance benefits in terms of better decentralization, security, privacy, and service efficiency. Then, the convergence of artificial intelligence (AI) and MEC is presented. A federated learning–empowered MEC architecture is introduced. To improve the performance of the proposed scheme, asynchronous federated learning is proposed. The integration of blockchain and federated learning is also presented to enhance the security and privacy of the federated learning–empowered MEC scheme. Finally, more MEC enabled applications are discussed.

scholarly journals Development of a trade model based on distributed ledger technology for the EAEU

2021 ◽  
Vol 190 ◽  
pp. 571-581
Author(s):  
Seryozha E. Melkonyan ◽  
Natali A. Galoyan ◽  
Anna N. Norkina ◽  
Pavel Yu. Leonov
Keyword(s):  
Model Based ◽  
Trade Model ◽  
Distributed Ledger ◽  
Distributed Ledger Technology

scholarly journals Distributed Interoperable Records: The Key to Better Supply Chain Management

Computers ◽  
2021 ◽  
Vol 10 (7) ◽  
pp. 89
Author(s):  
Annegret Henninger ◽  
Atefeh Mashatan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Gap Analysis ◽  
Global Supply Chain ◽  
Full Potential ◽  
Chain Management ◽  
Current State ◽  
Future State ◽  
Distributed Ledger ◽  
Distributed Ledger Technology

The global supply chain is a network of interconnected processes that create, use, and exchange records, but which were not designed to interact with one another. As such, the key to unlocking the full potential of supply chain management (SCM) technologies is achieving interoperability across participating records systems and networks. We review existing research and solutions using distributed ledger technology (DLT) and provide a survey of its current state of practice. We additionally propose a holistic solution: a DLT-based interoperable future state that could enable the interoperable, efficient, reliable, and secure exchange of records with integrity. Finally, we provide a gap analysis between our proposed future state and the current state, which also serves as a gap analysis for many fractional DLT-based SCM solutions and research.

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