The Framework for Blockchain Innovation and the Impact on Digital Economic Transformation

2021 ◽  
pp. 172-184
Author(s):  
Yousef Alabbasi ◽  
Kamaljeet Sandhu
Keyword(s):  
Economic Transformation ◽  
Solid Base ◽  
Business World ◽  
Health Care Finance ◽  
Blockchain Technology ◽  
Banking Education ◽  
Business Functions ◽  
Enabling Institutions ◽  
The Impact ◽  
Typical Solution

Blockchain technology has become an epidemic and significant decision that organizations may make in the next few years, as integrated business solution enabling institutions to integrate business functions, operations, and processes in a decentralized distributed ledger technology. This technology will transform the business world and economy in solving the limitations created by centralization and system inefficiency. Accordingly, with the highly demanding and complexity of growing economies such as Gulf Cooperation Council GCC countries, the need for a typical solution technology is a game changer. The result of this will lead GCC to a solid base of the economy. Blockchain technology can be applicable in many different fields such as: banking, education, health care, finance, government, trade, etc. This article will propose a conceptual framework for the acceptance of Blockchain technology and innovation in the GCC, particularly in Saudi Arabia. Also, more research can be conducted in the future as the system might be integrated in these countries.

The Framework for Blockchain Innovation and the Impact on Digital Economic Transformation

2019 ◽  
Vol 10 (4) ◽  
pp. 44-55
Author(s):  
Yousef Alabbasi ◽  
Kamaljeet Sandhu
Keyword(s):  
Economic Transformation ◽  
Solid Base ◽  
Business World ◽  
Blockchain Technology ◽  
Banking Education ◽  
Business Functions ◽  
Enabling Institutions ◽  
The Impact ◽  
Typical Solution ◽  
Game Changer

Blockchain technology has become an epidemic and significant decision that organizations may make in the next few years, as integrated business solution enabling institutions to integrate business functions, operations, and processes in a decentralized distributed ledger technology. This technology will transform the business world and economy in solving the limitations created by centralization and system inefficiency. Accordingly, with the highly demanding and complexity of growing economies such as Gulf Cooperation Council GCC countries, the need for a typical solution technology is a game changer. The result of this will lead GCC to a solid base of the economy. Blockchain technology can be applicable in many different fields such as: banking, education, health care, finance, government, trade, etc. This article will propose a conceptual framework for the acceptance of Blockchain technology and innovation in the GCC, particularly in Saudi Arabia. Also, more research can be conducted in the future as the system might be integrated in these countries.

Blockchain Innovation and Information Technology at GCC

2019 ◽  
Vol 10 (3) ◽  
pp. 22-37
Author(s):  
Yousef Alabbasi ◽  
Kamaljeet Sandhu
Keyword(s):  
Business World ◽  
Blockchain Technology ◽  
Health Finance ◽  
Distributed Ledger ◽  
Gcc Countries ◽  
Banking Education ◽  
Business Functions ◽  
Enabling Institutions ◽  
Typical Solution ◽  
Game Changer

Blockchain has become an epidemic and significant decision that organizations may make in the next few years, enabling institutions to integrate business functions, operations, and processes in a decentralized distributed ledger technology. This technology will transform the business world and economy in solving the limitations created by centralization and system inefficiency. Accordingly, with the high demand and complexity of growing economies such as the Gulf Cooperation Council GCC countries, the need for a typical solution technology is a game changer. This will lead GCC to a solid economic base. Blockchain technology can be applicable in many different fields such as Banking, education, Health, finance, government and trade. This article will address the literature review and methodology of Blockchain technology and innovation at the GCC, particularly in Saudi Arabia. Also, more research can be conducted in the future as the system may be integrated in these countries.

Blockchain Innovation and Information Technology at GCC

2021 ◽  
pp. 751-764
Author(s):  
Yousef Alabbasi ◽  
Kamaljeet Sandhu
Keyword(s):  
Information Technology ◽  
Gulf Cooperation Council ◽  
Economic Base ◽  
Business World ◽  
Blockchain Technology ◽  
Health Finance ◽  
Banking Education ◽  
Business Functions ◽  
Enabling Institutions ◽  
Typical Solution

Blockchain has become an epidemic and significant decision that organizations may make in the next few years, enabling institutions to integrate business functions, operations, and processes in a decentralized distributed ledger technology. This technology will transform the business world and economy in solving the limitations created by centralization and system inefficiency. Accordingly, with the high demand and complexity of growing economies such as the Gulf Cooperation Council GCC countries, the need for a typical solution technology is a game changer. This will lead GCC to a solid economic base. Blockchain technology can be applicable in many different fields such as Banking, education, Health, finance, government and trade. This article will address the literature review and methodology of Blockchain technology and innovation at the GCC, particularly in Saudi Arabia. Also, more research can be conducted in the future as the system may be integrated in these countries.

scholarly journals AI Based Data Architecture Impact Analysis

10.29007/fkhl ◽  
2019 ◽  
Author(s):  
Debasis Chanda
Keyword(s):  
Enterprise Architecture ◽  
Impact Analysis ◽  
Knowledge Bases ◽  
Business World ◽  
Business Object ◽  
Data Architecture ◽  
Business Functions ◽  
Business Objects ◽  
Business As Usual ◽  
The Impact

Enterprises today are technology driven and comprise of plethora of applications that may be categorized based on the technology that they are developed and deployed on. For enterprises that have existed across years and across multiple business cycles, the technologies may be classified as legacy, mature or emerging. The challenge lies in interoperability within and without the organization, especially with respect to the business objects that are required across business functions, to realize the capabilities of the organization. This is also true for scenarios of M&As (Mergers & Acquisitions) and also during creation of JVs (Joint Ventures).Enterprise Architecture (EA) defines the Business-Technology alignment in organizations, and is an established methodology for business transformation and establishing enterprise maturity in the keenly competitive business world. Business objects are defined as Data Architecture artifacts within the ambit of EA.The challenges to business object interoperability arises due to the incompatibility of technologies used by the applications. This leads to the well explored n*(n-1) scenario, where n is the number of application interfaces. This has serious implications towards business health of the organization, and risk to the BAU (Business As Usual) of the organization. This is because in a complex mesh like n*(n-1) scenario, it becomes practically impossible to identify the impact of changes to business capabilities in an inconspicuous attribute of a business object in an application domain.Thus the impact analysis of business objects / data as defined by traditional description is a challenge to business sustainability of organizations. These challenges in data architecture impact analysis may be mitigated by the AI (Artificial Intelligence) paradigm, by taking recourse to the very powerful features of AI, by defining predicate calculus based knowledge bases.In our paper we consider the Banking domain for carrying out our discussions.

The Impact of Sanctions on North Korea’s Foreign Trade from the Perspective of the Comparative Advantage Theory

2019 ◽  
pp. 4-15
Author(s):  
I. A. Korgun ◽  
G. D. Toloraya
Keyword(s):  
Foreign Trade ◽  
Competitive Advantage ◽  
National Economy ◽  
North Korea ◽  
Rent Seeking ◽  
Economic Transformation ◽  
Global Trade ◽  
Negative Consequences ◽  
The North ◽  
The Impact

The presented study analyzes the opportunities for North Korea to capitalize on its competitive advantages in foreign trade in the context of sanctions.Aim. The study aims to identify mechanisms that allow North Korea to engage in foreign trade in circumvention of UN sanctions and to analyze their impact on the national economy.Tasks. The authors analyze the structure of North Korea’s national economy, its initial competitive advantage, identify the specific features of North Korea’s foreign trade in the context of sanctions, and determine the consequences of illicit trade in circumvention of sanctions for the national economy.Methods. This study uses an interdisciplinary approach that combines the classical theory of competitive advantage with the concept of rent seeking, with the concept of rent seeking and analysis of trade flows.Results. The study shows that, despite the restrictions imposed by sanctions, North Korea strives to make the most of its advantages, such as resource availability and cheap labor, in global trade. The country builds its own export-import chains in circumvention of sanctions. These chains are rather mobile, flexible, and controlled by the elite. As a result, benefits from trade that could be evenly distributed among the population are concentrated in the hands of a narrow segment of society. ‘Rent seeking’ makes it possible to formulate the negative consequences of these processes for the North Korean economy and the international community.Conclusions. Solving the North Korean issue requires an economic transformation in the country through the replacement of restrictive sanctions with more constructive ones. The exclusion of North Korea from open global trade leads to the country’s marginalization and impairs the transparency of international commodity flows.

Corruption and Political Order

2018 ◽  
Author(s):  
Hazel Gray
Keyword(s):  
Public Finance ◽  
Local Level ◽  
Economic Transformation ◽  
Political Order ◽  
Capital Flight ◽  
The Political ◽  
Political Actors ◽  
The Impact ◽  
Political Settlement ◽  
The Way

This chapter contrasts the way that the political settlement in both countries shaped the pattern of redistribution, reform, and corruption within public finance and the implications that this had for economic transformation. Differences in the impact of corruption on economic transformation can be explained by the way that their political settlements generated distinct patterns of competition and collaboration between economic and political actors. In Vietnam corrupt activities led to investments that were frequently not productive; however, the greater financial discipline imposed by lower-level organizations led to a higher degree of investment overall in Vietnam that supported a more rapid economic transformation under liberalization than in Tanzania. Individuals or small factional networks within the VCP at the local level were, therefore, probably less able to engage in forms of corruption that simply led to capital flight as happened in Tanzania, where local level organizations were significantly weaker.

Accounting Information Systems in Public Sector towards Blockchain Technology Application: The Role of Accountants’ Emotional Intelligence in the Digital Age

2021 ◽  
Vol 12 (1) ◽  
pp. 73-94
Author(s):  
Pham Quang Huy ◽  
Vu Kien Phuc
Keyword(s):  
Emotional Intelligence ◽  
Public Sector ◽  
New Technology ◽  
Accounting Information ◽  
Accounting Information System ◽  
Accounting Information Systems ◽  
Technology Application ◽  
Public Sector Organization ◽  
Blockchain Technology ◽  
The Impact

Abstract This research ferreted out to inspect the interconnection between emotional intelligence (EI), Blockchain technology application (BLO) and the effectiveness of Accounting information system (AIS). Survey-based data obtained from 412 respondents were applied to validate the model hypotheses. Building on the statistical analysis with the support of SPSS 25.0 and SMART- PLS (partial least squares) 3.2.8 software package, the model results inferred the impact of EI on BLO. Besides, the outputs of the study accentuated on the importance of BLO on the effectiveness of AIS. These significant additions will optimistically inspire other scholars to carry on exploring the relationship between EI and BLO in enhancing the effectiveness of AIS in research settings as well as in explaining the results. On the other hand, taking these results into consideration could promote much better solutions for issues relevant to EI and new technology application among public sector organization (PSO) in term of increasing the performance of AIS.

scholarly journals Industrial efficiency analysis based on the spatial panel model

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
Xiaobo Yin ◽  
Liyan Guo
Keyword(s):  
Regional Cooperation ◽  
Scale Effects ◽  
Spillover Effects ◽  
Economic Transformation ◽  
Environmental Efficiency ◽  
Green Economy ◽  
Industrial Technology ◽  
High Tech ◽  
Industrial Agglomeration ◽  
The Impact

AbstractHigh-tech industrial agglomeration is conducive to boosting technological progress, promoting industrial structure upgrading and realizing economic transformation, and certainly affects the overall industrial environmental efficiency. However, few recent studies have focused on its impact on industrial environmental efficiency from a green perspective. In the context of promoting the development of green economy, it is of great significance to clarify the links between high-tech industrial agglomeration and industrial environmental efficiency. In this research, we first analyzed the theoretical mechanism of the impact of high-tech industrial agglomeration and its spatial spillover effects on industrial environmental efficiency and then made an empirical analysis based on the panel data of 29 provinces and cities in China from 2003 to 2016. During the research, Super-DEA method, ESDA method and spatial Dubin model are used. The result shows that: (1) There is a significant spatial positive correlation between China's industrial environmental efficiency and high-tech industrial agglomeration; (2) high-tech industrial agglomeration has improved the local industrial productivity and industrial technology level through scale effects and technical effects, which has accordingly significantly enhanced the corresponding environmental efficiency; (3) through the association of regional industries, the cross-regional cooperation of enterprises and the formation of innovation networks, high-tech industrial agglomeration promotes the spillover of knowledge and technology among regions, improves the level of industrial technology in neighboring regions, and enhances the industrial environmental efficiency in neighboring regions. All these three is helpful to re-evaluate the development mode of high-tech industry agglomeration and to formulate relevant government policies.

Public Administration in Central and Eastern Europe

2021 ◽  
Author(s):  
Stanisław Mazur
Keyword(s):  
Public Administration ◽  
Public Management ◽  
Western Europe ◽  
Economic Transformation ◽  
The European Union ◽  
Quality Of Governance ◽  
Anglo American ◽  
The 2008 Financial Crisis ◽  
The Impact

In the early 1990s, the Central and Eastern European countries (CEE countries) saw the collapse of communist regimes and an unprecedented political and economic transformation that resulted in the establishment of democratic, law-governed states and market economies. Administrative reforms, which became an important milestone in this transformation, were considerably influenced both by administrative legacies predominant in the countries and by the Europeanization processes associated with their accession to the European Union. The administrative legacies, which combine elements of various traditions (e.g., German, Napoleonic, and Anglo-American) are still strongly affected by what is left of the communist era. Conversely, the impact of Europeanization processes on public administrations in CEE countries has proved to be much weaker than initially expected. The process of building a professional and apolitical civil service in CEE countries has been plagued by discontinuity and inconsistency, owing to the specific administrative culture of the region, the weakening pressure to modernize EU institutions, and the consequences of the 2008 financial crisis, as well as growing populist tendencies in the region. All these factors encouraged the belief that political control over public administration needs to be tightened in order for the effectiveness and quality of governance mechanisms to be improved. The quality of governance and public management varies widely across the CEE countries. What they have in common—at least to some extent—is the fairly high dynamics of change, including the reversal of the effects of previously implemented reforms. The latter factor may be interpreted as a search for country-specific reform paths, partly due to disappointment with the values and models prevailing in Western Europe, and somewhat as a consequence of growing populist tendencies in the region.

Sign in / Sign up

Export Citation Format

Share Document