scholarly journals Innovative Blockchain-Based Approach for Sustainable and Credible Environment in Food Trade: A Case Study in Shandong Province, China

2018 ◽  
Vol 10 (9) ◽  
pp. 3149 ◽  
Author(s):  
Dianhui Mao ◽  
Zhihao Hao ◽  
Fan Wang ◽  
Haisheng Li
Keyword(s):  
Information Asymmetry ◽  
Shandong Province ◽  
Agricultural Product ◽  
Double Auction ◽  
Social Stability ◽  
Byzantine Fault Tolerance ◽  
Trading System ◽  
Food Trade ◽  
Blockchain Technology

Agri-food trade has a profound impact on social stability and sustainable economic development. However, there are several technological problems in current agricultural product transactions. For example, it is almost impossible to improve the efficiency of transactions and maintain market stability. This paper designs a novel Food Trading System with COnsortium blockchaiN (FTSCON) to eliminate information asymmetry in the food trade, in order to establish a sustainable and credible trading environment, the system uses consortium blockchain technology to meet the challenge of different authentications and permissions for different roles in food trade. Meanwhile, we have used the online double auction mechanism to eliminate competition. We also have designed a improved Practical Byzantine Fault Tolerance (iPBFT) algorithm to improve efficiency. In addition, a case study based on a series of data from Shandong Province, China indicate that the FTSCON can achieve profit improvement of merchants. Therefore, the proposed system proved to have high commercial value.

scholarly journals Renewable Energy Certificate Trading via Permissioned Blockchain

2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Dong Wang ◽  
Jiaxing Xuan ◽  
Zhiyu Chen ◽  
Da Li ◽  
Rui Shi
Keyword(s):  
Renewable Energy ◽  
Supply And Demand ◽  
System Stability ◽  
Double Auction ◽  
Byzantine Fault Tolerance ◽  
Application Process ◽  
Blockchain Technology ◽  
Operation Process ◽  
Bidding Mechanism ◽  
Continuous Double Auction

With the continuous advancement of the green certificate trading mechanism, information verification needs to span multiple departments, which causes the application process cumbersome and human errors. In order to solve problems of cumbersome issuance process of the renewable energy certificate (REC) and the inflexible pricing mechanism, in this paper, a hybrid REC trading system was proposed based on an permissioned blockchain technology (BT), which combined advantages of the BT and the continuous double auction (CDA). The operation process of the system was introduced in detail, and the view change protocol in the Practical Byzantine Fault Tolerance algorithm was revised according to the characteristics of the system to improve the system stability. The continuous double auction rule was also introduced in the system. And corresponding bidding strategies were designed to maximize the revenue of users (buyer and seller) and transaction probability. The simulation experiment proves that the bidding mechanism can flexibly adjust the REC price according to the supply and demand relationship. At the same time, the effectiveness and feasibility of trading rule and bidding strategy were also verified.

Blockchain in Supply Chain: Case Study of Lottemart Ciputat

2019 ◽  
Vol 5 (1) ◽  
pp. 38-49 ◽  
Author(s):  
B. K. Handoyo ◽  
M. R. Mashudi ◽  
H. P. Ipung
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Information Asymmetry ◽  
New Technology ◽  
Business Case ◽  
Analysis Method ◽  
Chain Management ◽  
Production Processes

Current supply chain methods are having difficulties in resolving problems arising from the lack of trust in supply chains. The root reason lies in two challenges brought to the traditional mechanism: self-interests of supply chain members and information asymmetry in production processes. Blockchain is a promising technology to address these problems. The key objective of this paper is to present qualitative analysis for blockchain in supply chain as the decision-making framework to implement this new technology. The analysis method used Val IT business case framework, validated by the expert judgements. The further study needs to be elaborated by either the existing organization that use blockchain or assessment by the organization that will use blockchain to improve their supply chain management.

scholarly journals Exploring Factors Influencing Scenarios Evolution of Waste NIMBY Crisis: Analysis of Typical Cases in China

2021 ◽  
Vol 18 (4) ◽  
pp. 2006
Author(s):  
Ling He ◽  
Qing Yang ◽  
Xingxing Liu ◽  
Lingmei Fu ◽  
Jinmei Wang
Keyword(s):  
Network Theory ◽  
Development Process ◽  
Dynamic Bayesian Network ◽  
Impact Factors ◽  
Social Stability ◽  
Ground Theory ◽  
Evolution Path ◽  
Dynamic Scenario ◽  
The Impact

As the impact factors of the waste Not-In-My-Back Yard (NIMBY) crisis are complex, and the scenario evolution path of it is diverse. Once the crisis is not handled properly, it will bring adverse effects on the construction of waste NIMBY facilities, economic development and social stability. Consequently, based on ground theory, this paper takes the waste NIMBY crisis in China from 2006 to 2019 as typical cases, through coding analysis, scenario evolution factors of waste NIMBY crisis are established. Furtherly, three key scenarios were obtained, namely, external situation (E), situation state (S), emergency management (M), what is more, scenario evolution law of waste NIMBY crisis is revealed. Then, the dynamic Bayesian network theory is used to construct the dynamic scenario evolution network of waste NIMBY crisis. Finally, based on the above models, Xiantao waste NIMBY crisis is taken as a case study, and the dynamic process of scenario evolution network is visually displayed by using Netica. The simulation results show that the scenario evolution network of Xiantao waste NIMBY crisis is basically consistent with the actual incident development process, which confirms the effectiveness and feasibility of the model.

scholarly journals A Method of Evaluating Water Resource Assets and Liabilities: A Case Study of Jinan City, Shandong Province

Water ◽  
2017 ◽  
Vol 9 (8) ◽  
pp. 575 ◽  
Author(s):  
Yuheng Yang ◽  
Yang Liu ◽  
Shengle Cao ◽  
Yufei Cheng
Keyword(s):  
Water Resource ◽  
Shandong Province ◽  
Jinan City

Legalization in context: The design of the WTO’s dispute settlement system

2017 ◽  
Vol 19 (2) ◽  
pp. 304-319 ◽  
Author(s):  
Manfred Elsig
Keyword(s):  
Rational Design ◽  
Dispute Settlement ◽  
The United States ◽  
Settlement System ◽  
Trading System ◽  
Wto Dispute Settlement ◽  
Multilateral Trading System ◽  
The Creation ◽  
Dispute Settlement System

This article asks why the dispute settlement provisions of the multilateral trading system underwent significant reforms during the negotiations that led to the creation of the World Trade Organization (WTO) in 1995. Why did the leading trading powers accept a highly legalized system that departed from established political–diplomatic forms of settling disputes? The contribution of this article is threefold. First, it complements existing accounts that exclusively focus on the United States with a novel explanation that takes account of contextual factors. Second, it offers an in-depth empirical case study based on interviews with negotiators who were involved and novel archival evidence on the creation of the new WTO dispute settlement system. Third, by unpacking the long-standing puzzle of why states designed a highly legalized system, it addresses selected blind spots of the legalization and the rational design literatures with the aim of providing a better understanding about potential paths leading toward significant changes in legalization.

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