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 Peculiarities of Application of Technologies of Distributed Registers and Blockchain (Blockchain) for the Popular Vote

2019 ◽  
pp. 41-52
Author(s):  
D. L. Kuteynikov
Keyword(s):  
Human Activity ◽  
Present Stage ◽  
Popular Vote ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
The World ◽  
Technical Solutions ◽  
High Degree ◽  
Intensive Development

The modernization of democratic institutions has been greatly influenced by the intensive development of technology. Various innovations in the field of digital communications have affected a rather traditional sphere of popular votings. The widespread introduction of the distributed ledger technology has enormously changed approaches to organizing them. Distributed registers gained the widest popularity after the technology of the chain of blocks (blockchain) was introduced. Despite the fact that initially this technology was considered exclusively as an element of the development of information, and later financial technologies, at the present stage it is gradually becoming increasingly common in other areas of human activity due to a high degree of security and confidentiality. The paper deals in detail with the world practice concerning using this technology in popular voting. Also, the author analizes the technical solutions applied in the most actively developing projects aimed at developing a software used to conduct electronic voting with the use of blockchain technology. The article investigates some problems of voting with the use of blockchain technology, such as identification and secrecy of the vote.

What is Blockchain Technology and its Significance in the Current Healthcare System? A Brief Insight

2019 ◽  
Vol 25 (12) ◽  
pp. 1402-1408 ◽  
Author(s):  
Syed S. Ahmad ◽  
Shahzad Khan ◽  
Mohammad A. Kamal
Keyword(s):  
Social Insurance ◽  
Electronic System ◽  
Related Information ◽  
Blockchain Technology ◽  
System A ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Novel Structure ◽  
The World ◽  
Treatment Structure

Background: The promising eventual fate of blockchain in healthcare has a lot more extensive prospect. Blockchain is a novel structure that gives another design to storage and trade of data among different members of a particular network. In case of a hospital, blockchain takes into consideration the creation of a better treatment structure by the expert doctor in order to arrange the meeting based on the symptoms of patients throughout the world by the electronic system. Blockchain technology is crucial for biomedical and human services applications as social insurance has turned out to be a standout among the most essential rising application areas of the blockchain distributed ledger technology. Result: By and large, blockchain is treated as a conveyed record to store social insurance related information for allocation, trading, dissecting, footage, and affirming purposes among accomplices. The advantage of blockchain databases versus traditional dispersed databases is that they are decentralized, permanent, and perfected with advanced digital payment frameworks and hash chain occasion structure. The blockchain code is an unlocked resource and can be utilized, altered, and customized by its clients. Conclusion: Nowadays, blockchain is expected to be almost universally adopted across medical organizations around the world. The purpose of this review article is to comprehend the current explored subjects, difficulties, and future headings in regards to blockchain innovation from the specialized perspective in the health care system.

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 A Cross-National Comparative Policy Analysis of the Blockchain Technology Between the USA and China

2021 ◽  
Author(s):  
Chu-Chi Kuo ◽  
Joseph Z. Shyu
Keyword(s):  
Business Models ◽  
Policy Framework ◽  
Policy Tools ◽  
Policy Planning ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
The World ◽  
The Usa ◽  
Cross National ◽  
Comparative Policy

Blockchain technology can achieve decentralization, multi-party verification, anti-tampering, anonymity, traceability of transactions, and the application of distributed ledger. Countries around the world continue to seek the blockchain business models, technologies and applications, and have different visions and policies for the development of blockchain. This study conducts a comparative policy framework of theoretical analysis of the blockchain technology between the USA and China. Using the innovative policy tools proposed by Rothwell and Zegveld, the above mentioned governments are analyzed from the viewpoint of twelve policy tools. The results show that the USA and China all prefer to use “Environmental-side” policy. The USA has paid more attention to “Legal and regulatory”, “Public services” and “Procurement”. China has the highest proportion of policies in “Political tools”, followed by “Legal & regulatory”, while “Scientific and technical”, “Education” and “Overseas agent” come in third . The blockchain technology has developed vigorously among industries and its applications have gradually diversified. The results are provided to various stakeholders as a reference for policy planning.

scholarly journals The mechanism of using distributed ledger technology by payment systems: advantages and disadvantages

2020 ◽  
Vol 19 (2) ◽  
pp. 122-130
Author(s):  
Umar Kaplanov
Keyword(s):  
Payment System ◽  
Payment Systems ◽  
Advantages And Disadvantages ◽  
Distributed Ledger ◽  
Distributed Ledger Technology

In this article, the author considers the role of distributed registries in improving the modern payment system. The essence of the distributed ledger mechanism is analyzed. The advantages and disadvantages of using distributed registries in the development and implementation of payment systems are identified.

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.

Cryptocurrency, a successful application of blockchain technology

2019 ◽  
Vol 46 (6) ◽  
pp. 715-733
Author(s):  
Mohammad Hashemi Joo ◽  
Yuka Nishikawa ◽  
Krishnan Dandapani
Keyword(s):  
Design Methodology ◽  
Payment Systems ◽  
Policy Makers ◽  
General Audience ◽  
Content Type ◽  
Corporate Executives ◽  
Blockchain Technology ◽  
The World ◽  
Money Transfer ◽  
Legislative Changes

Purpose The purpose of this paper is to identify the applications and contributions of blockchain technology in finance in general, and to identify areas where the technology can make a larger impact in payment systems. Design/methodology/approach The authors do an exhaustive review of blockchain technology and cryptocurrency, and examine the successful applications of blockchain technology in several finance disciplines including cryptocurrency. The authors critically evaluate the technical studies on behaviors in cryptocurrency prices. Findings Cryptocurrency is the first successful application of blockchain technology and can be used as the main fuel of the global money transfer network. Research limitations/implications Blockchain is a revolutionary technology that can change the world with its convenience, transparency, accuracy and efficiency in speed and cost. The growth of blockchain usage in finance depends on further familiarization and trust gained by an increasing number of proven successful usage cases and testimonials as well as appropriate legislative changes. Originality/value This paper provides a comprehensive review of the contributions that blockchain technology has made and is expected to make in the field of finance with the aim of adding value to corporate executives, investors, policy makers and a general audience.

SWOT Analysis of Lending Platform from Blockchain Technology Perspectives

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Wisnu Uriawan ◽  
Keyword(s):  
Human Activity ◽  
System Performance ◽  
Credit Card ◽  
Swot Analysis ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
The World

Blockchain Technology become phenomenal issue in the world, emerging with bitcoin and IoT. It had been implemented in many areas in human activity. Advantages of blockchain technology is distributed ledger where resources distributed to all member in network. Loans or credit as part of human activity in their life. When we need cash for a major expense, it might be tempting to borrow from a payday lender or max out a credit card or similar, but you have other options that will not harm your credit or put you in a cycle of debt, even if your credit record is not all that great. Collateral loans could be a way to borrow the money as you need. One of which is the lending platform. Blockchain technology has been implemented in many lending platforms, but there are still any weaknesses that can be refined and optimized. Tool of analysis is SWOT, describes of four analysis, as follow: Strength, Weakness, Opportunity and Threats. This paper purpose to analyzed lending platform measured by look for the weaknesses variable and how to optimize that system performance that can improve for helping people in lending process. In addition, the result of this analysis can use for enhancement recommendation the system based on the weaknesses are found and opportunity for make a lending platform robust

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.

Sign in / Sign up

Export Citation Format

Share Document