scholarly journals Blockchain Technology: Rising Trend in Various Applications

2021 ◽  
Author(s):  
Zalte S. S ◽  
Patil P. N ◽  
Deshmukh S. N ◽  
Patil M. G ◽  
Katkar P. S
Keyword(s):  
Business Process ◽  
Digital Transformation ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Block Chain

In this tech world, size of block chain is exponentially growing in this covid pandemic year which was not predicted. This pandemic environment causes digital transformation drive in various areas, particularly via the utilization of block chain or distributed ledger technology. To enhance and accelerate business process in various organization and industry showed a growing interest to adopt this technology. This paper summarized various block chain applications which are widely used in number of sectors and also focus on some challenges becomes hurdle while adopting block chain technology.

Blockchain Technology as a Bridging Infrastructure Among Formal, Non-Formal, and Informal Learning Processes

2021 ◽  
pp. 959-970
Author(s):  
Aras Bozkurt ◽  
Hasan Ucar
Keyword(s):  
Informal Learning ◽  
Lifelong Learning ◽  
Educational Experiences ◽  
Learning Processes ◽  
Web 3.0 ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Educational Processes ◽  
Formal And Informal Learning

Blockchain is an online decentralized and distributed ledger technology that has the ability to keep and track records in a safe, verifiable, and transparent manner. More significantly, it has an infrastructure that is compatible with Web 3.0, which offers great potential for lifelong learning. This chapter explains the different modalities of learning (formal, non-formal, informal), blockchain technology, and its current use in educational processes. Based on the findings, the authors suggest that blockchain technology can be used to connect and interlink different educational experiences that occur in different educational modalities, enabling us to evaluate educational processes holistically and thus promote lifelong learning through the use of cutting-edge technologies.

scholarly journals DIGITALIZATION IN CONSTRUCTION: BLOCKCHAIN APPLICABILITY IN THE INDUSTRY

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Giulia Pattini ◽  
Elena Seghezzi ◽  
Giuseppe Martino Di Giuda
Keyword(s):  
Construction Industry ◽  
Digital Transformation ◽  
Information Modeling ◽  
Distributed Information ◽  
Collaborative Environment ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Efficient Contract ◽  
Building Information ◽  
Suitable System

Blockchain, as a Distributed Ledger Technology (DLT), could disrupt the traditional hierarchy way in which information is shared and processes are developed in the construction industry. The fragmentation of people, processes and contracts has been considered as the main responsible for the sector negative trend. The information asymmetry characterizing the dynamics of the processes denies both the information traceability and the disciplines interoperability. The recent digital transformation boosted by Building Information Modeling (BIM) has promised a more transparent and collaborative environment. However, its adoption has gradually shown some trust issues in the information flow, discouraging participants from collaborating to achieve project goals. For these reasons, the research explores Blockchain in the construction industry, highlighting its potentials in supporting transparent, reliable and distributed information sharing. In particular, the research intends to combine the features of the digitalization, namely BIM and Blockchain, in the industry. To accomplish this, the first goal consists of an overall literature review on the current level of the Blockchain investigation in the built environment. Secondly, based on that analysis, two proposals for potential application of Blockchain in AECO sector are presented. This preliminary exploration intends to endorse Blockchain as a suitable system for governing the trust issues, supporting an efficient contract execution and a better sharing of all project information.

scholarly journals RBI Distributed Ledger Technology and Blockchain - A Future of Decentralized India

2020 ◽  
pp. 227-237
Author(s):  
Bhuvana R. ◽  
P. S. Aithal
Keyword(s):  
Central Bank ◽  
New Technologies ◽  
Secondary Data ◽  
Central Banks ◽  
Central Banking ◽  
Indian Government ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Monetary Economy

Despite various countries getting hands-on technology such as blockchain for banking, transaction, and multiple benefits, a developing country such as India must use these technologies because of the advantages it provides in order to keep pace. In the age of digital currencies and new emerging technologies, central banking is a fast-growing topic in the monetary economy. Cryptocurrencies, blockchain, and distributed Ledger technologies appear to be feasible rivals to Fiat Currency central bank. Blockchain technology's influence behind Cryptocurrencies. Cryptocurrencies have the ability to boost payments and operations by central banks and serve as a forum from which central banks could Perhaps launch their own digital currencies. RBI Indian central bank is no less important when it comes to technology that would pave the way for the new economy, enriched with technology-centric growth momentum, by increasing support from India's reserve bank and the Indian government for innovation and integrating technologies through regulatory sandboxes and various other systems. This article illustrates distributed ledger technology in the Indian context. The secondary data were obtained from various scholarly journals and websites. We have analysed distributed ledger technology, India’s move towards learning new technologies, different central banks distributed ledger project and examined blockchain technology in the Indian market using the SWOC framework as a research case study.

scholarly journals Novel Payment Wallet Management with Blockchain Based Cryptocurrency

2019 ◽  
Vol 8 (2S4) ◽  
pp. 228-233
Keyword(s):  
Regulatory Authority ◽  
Payment Systems ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Payments System ◽  
Enterprise Technology ◽  
Business Application ◽  
The World ◽  
Actual Life

Blockchain for business is a new concept which enables many industries and organizations to implement even the basic of systems on foundation of blockchain technology. Using this technology, our goal is to develop a payments system that enables transfer of funds for a monetary transaction between two parties. Hyperledger is an open source community oriented effort which was made to propel cross-industry blockchain advances that were available. The Linux Foundation has it. It has partners from everywhere throughout the world , at a worldwide dimension and incorporates ventures like funding, banking, Internet of Things, supply chains, assembling and Technology. Using Blockchain for Enterprise technology, we are going to develop a new payments system that makes use of regulated cryptocurrency. Using this system, we want to create a new cryptocurrency specific to the payment portal for people to buy, sell and pay or earn rewards using this cryptocurrency. This system will majorly consist of participants and admins that will be divided based on the certificates assigned to every participant. Our implementation involves. using the fabric for creating a payment system run on the backend of blockchain technology. This will involve having a regulatory authority to maintain the cryptocurrency, ledger and authenticity of the users. Theoretically, the blockchain technology maintains anonymity for transactions. It uses a distributed ledger to record transactions for people to be able to make secure transactions without any repercussions. Blockchain for Enterprise implements Blockchain technology by using concepts like Trust, Privacy and Smart contracts in addition to the distributed ledger to create an industry friendly Blockchain business application. Blockchain is a rapidly growing field with multiple implementations which can be explored not just on anonymity but also on actual life implementations. Distributed ledger technology is applied to the payment systems. Cryptocurrency would now not only be used for anonymous transactions but also for regular day to day transactions.

scholarly journals Approach and models for using distributed ledger technology to authenticate educational documents

Doklady BGUIR ◽  
2020 ◽  
Vol 18 (7) ◽  
pp. 14-22
Author(s):  
D. A. Kachan ◽  
U. A. Vishniakou
Keyword(s):  
Public Administration ◽  
Third Party ◽  
Digital Documents ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Urgent Task ◽  
Block Chain ◽  
Structural Solutions

The purpose of this article is to analyze methods, approaches, and tools of distributed ledger technology (DLT) for working with documents in education. The objectives of the article are to analyze problems with the authentication of educational documents, develop new structural solutions using block chain technology, consider two models, and evaluate their use for educational documents.Authentication of educational documents is carried out using state registers, which is a complex and resource-intensive process. There is an increase in the number of forged documents in the world, which calls into question the effectiveness of modern mechanisms. Distributed ledger technology (block chain) is a sustainable technological trend that affects the development and quality of the digital economy. The existence of a mechanism for verifying the authenticity of educational documents that is resistant to malicious manipulation is an urgent task that goes beyond the sphere of education, possible solutions to which are proposed to be considered in this paper.The article provides a brief description of DLT and considers the approach of using the technology to authenticate educational documents. It consists of two main stages: the issue of a digital educational document and its verification. The role of a trusted third party in the issue and validation process is considered. The paper presents the models for issuing and validating digital documents based on distributed ledger technology, which allows one to eliminate the limitations and shortcomings of existing approaches. The effectiveness of the approach based on the proposed models is revealed. The formulated approaches can be applied in various socio-economic areas and public administration to work with similar documents.

Blockchain Introduced

2019 ◽  
pp. 25-59
Keyword(s):  
Social Impact ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
History Of

This chapter provides an introductory explanation of Blockchain technology and how it works, concentrating on its potential for social impact. It describes the history of the development of Blockchain, which is a form of distributed ledger technology.

Use of blockchain in designing smart city

2020 ◽  
Vol 9 (4) ◽  
pp. 695-709 ◽  
Author(s):  
Surbhi Dewan ◽  
Latika Singh
Keyword(s):  
Smart Cities ◽  
Smart Contracts ◽  
Proof Of Concept ◽  
Revolutionary Change ◽  
Content Type ◽  
Decentralized System ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Wide Range

PurposeA blockchain is a shared distributed ledger technology that stores the information of every transaction in the network. The blockchain has emerged with a huge diversity of applications not only in the economic but in the non-economical domain as well. Blockchain technology promises to provide a wide range of solutions to the problems faced during implementation of smart cities. It has the potential to build smart contracts more secure, thus eliminating the need for centralized authority.Design/methodology/approachThis paper presents a proof-of-concept for a use case that uses an Ethereum platform to build a blockchain network to buy, sell or rent a property.FindingsThe findings of this study provide an opportunity to create novel decentralized scalable solutions to develop smart cities by enabling paperless transactions. There are enormous opportunities in this distributed ledger technology which will bring a revolutionary change in upcoming years.Originality/valueThe concept of blockchain along with smart contracts can be used as a promising technology for sharing services which is a common requirement in smart cities. All the blockchain transactions are stored in decentralized shared database. The transaction recorded in decentralized system is immutable, it cannot be altered and hence chance of forgery is negligible.

scholarly journals Block-chain Reaction: Why Development of Blockchain is at the Heart of the Legal Technology of Tomorrow

2019 ◽  
Vol 19 (01) ◽  
pp. 58-60
Author(s):  
Kimberley Rust
Keyword(s):  
Peer To Peer ◽  
Chain Reaction ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Block Chain ◽  
Legal Technology

Blockchain, arguably the most discussed and promising of FinTech trends, has incredible potential to transform legal technology. Infamous as the technology behind cryptocurrencies, distributed ledger technology (DLT) has developed far beyond these origins and may prove far more valuable than the currency it supports. As a form of DLT, blockchain allows for secure decentralisation of peer-to-peer, irreversible exchanges, providing a transparent and irrevocable record as these occur. The technology is already used across the legal industry and a plethora of opportunities to extend its application bubble beneath the surface, under development, waiting to break into the current market.

scholarly journals Survey on Applications of Blockchain in E-Governance

2021 ◽  
Vol 11 (4) ◽  
pp. 3807-3822
Author(s):  
Shabna Salam ◽  
K. Praveen Kumar
Keyword(s):  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Governance System ◽  
Privacy And Security ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Information And Communication ◽  
Potential Risks ◽  
Block Chain ◽  
Fast Access

Block chain is a distributed ledger that offers secure and immutable storage. E–governance allows exchange of information between government and citizens or organizations through latest information and communication technologies. The E governance services facilitate efficient and fast access of services; on the other hand it raises potential risks of breaching into privacy and Security. Blockchain based e-governance system offers secure and transparent services without intermediary. This paper investigates the scope and challenges of adopting blockchain technology as a platform for E-Governance.

scholarly journals Using RFID to identify smart products on a blockchain enabled production network

2021 ◽  
Vol 15 (1) ◽  
pp. 1-7
Author(s):  
Sándor Csikós ◽  
György Czifra ◽  
József Sárosi
Keyword(s):  
Production System ◽  
Industry 4.0 ◽  
Distributed Database ◽  
Production Network ◽  
Blockchain Technology ◽  
Current State ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Smart Products ◽  
New Challenges

Industry 4.0 requires the cooperation of several technologies. The intersections of these technologies present us with new challenges. One of these challenges is identification, since we have to identify all the items that are on the network that do work and those that are worked upon. If we fail to identify one of these items the network is presented with an unidentified potentially malicious device or a misidentified product which can cause production to halt. Blockchains or otherwise known as Distributed Ledger Technology, DLT for short is a technology that builds upon the current bookkeeping paradigm and expands it in a decentralized direction. This however can be used in more than just banking since it is essentially a distributed database that has memory of past events not just the current state. By using a blockchain based distributed database to hold processing details and using RFID-s as keys to certain entries in the database it is possible to build a tamper proof production system that can handle the challenges of industry 4.0. It may also be possible to use blockchain technology as a form of digital paper trail that can be used to validate messages sent to the nodes of the system.

Sign in / Sign up

Export Citation Format

Share Document