Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector

2021 ◽  
Keyword(s):  
Financial Sector ◽  
Use Cases ◽  
Blockchain Technology ◽  
Technology Applications

scholarly journals Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies

Proceedings ◽  
2019 ◽  
Vol 28 (1) ◽  
pp. 7 ◽  
Author(s):  
Polyviou ◽  
Velanas ◽  
Soldatos
Keyword(s):  
Financial Sector ◽  
Use Cases ◽  
Financial Industry ◽  
The Public ◽  
Blockchain Technology ◽  
The Way

Blockchain technology was initially employed as the public transaction ledger for cryptocurrencies. However, beyond cryptocurrencies, blockchain technology has been recently considered for a plethora of other applications as it encapsulates unique properties including decentralization, security, transparency and anti-tampering. Such properties are particularly advantageous for variety of prominent issues experienced in the financial sector. As a result, blockchain technology holds the potential to revolutionize the financial industry by altering the way in which different services are conducted in the financial industry. In this paper, we outline five different financial industry use cases that are expected to be radically transformed by the use of blockchain technology.

Overview of Blockchain Technology: Applications and Use Cases

2021 ◽  
pp. 393-405
Author(s):  
J. S. Shyam Mohan ◽  
Vedantham Hanumath Sreeman ◽  
Vanam Venkata Chakradhar ◽  
Harsha Surya Abhishek Kota ◽  
Nagendra Panini Challa ◽  
...  
Keyword(s):  
Use Cases ◽  
Blockchain Technology ◽  
Technology Applications

Use Cases and Applications of Blockchain Technology in IT Industry

2019 ◽  
Vol 7 (4) ◽  
pp. 716-720
Author(s):  
Deepak Kumar Verma ◽  
Varsha Katheria ◽  
Mazhar Khaliq
Keyword(s):  
Use Cases ◽  
It Industry ◽  
Blockchain Technology

Blockchain technology applications for Industry 4.0: A literature-based review

2021 ◽  
pp. 100027
Author(s):  
Mohd Javaid ◽  
Abid Haleem ◽  
Ravi Pratap Singh ◽  
Shahbaz Khan ◽  
Rajiv Suman
Keyword(s):  
Industry 4.0 ◽  
Blockchain Technology ◽  
Technology Applications

Blockchain Encryption on Student Academic Transcripts using a Smart Contract

2021 ◽  
Author(s):  
Primasatria Edastama ◽  
Ninda Lutfiani ◽  
Qurotul Aini ◽  
Suryari Purnama ◽  
Isabella Yaumil Annisa
Keyword(s):  
Data Storage ◽  
Storage System ◽  
Digital Data ◽  
Decentralized System ◽  
Blockchain Technology ◽  
Educational Environments ◽  
The World ◽  
Technology Applications ◽  
E Learning ◽  
Data Storage System

As an innovation in the world of computers, blockchain has many benefits and is also widely applied in the world of education. Blockchain itself has many advantages, especially in the world of education. Blockchain is a digital data storage system that consists of many servers (multiserver). In this Blockchain technology, data created by one server can be replicated and verified by another server. By using this technology with a decentralized system and strong cryptography and can help colleges or universities to build infrastructure in the archive storage of transcripts, diplomas, and diplomas. Usage One of the blockchain technology applications in education is iBC, namely the e-learning Blockchain Certificate, book copyright, and also e-Portfolios. iBC or e-learning Blockchain Certificate is a tool designed to create, verify and also issue blockchain certificates. As has been supported by the IBC to create certificates that are globally verified and stored in a decentralized manner. Here will be presented use cases that are relevant in the use of Blockchain technology in educational environments, especially data processing in universities and we also try to design an IBC based on blockchain technology that can be used to support transparency and accountability of colleges or universities in issuing diplomas and grades. 

Blockchain as supply chain technology: considering transparency and security

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pei Xu ◽  
Joonghee Lee ◽  
James R. Barth ◽  
Robert Glenn Richey
Keyword(s):  
Supply Chain ◽  
Text Mining ◽  
Information Security ◽  
Design Methodology ◽  
Use Cases ◽  
Future Research ◽  
Content Type ◽  
Blockchain Technology ◽  
Twitter Data ◽  
The Way

PurposeThis paper discusses how the features of blockchain technology impact supply chain transparency through the lens of the information security triad (confidentiality, integrity and availability). Ultimately, propositions are developed to encourage future research in supply chain applications of blockchain technology.Design/methodology/approachPropositions are developed based on a synthesis of the information security and supply chain transparency literature. Findings from text mining of Twitter data and a discussion of three major blockchain use cases support the development of the propositions.FindingsThe authors note that confidentiality limits supply chain transparency, which causes tension between transparency and security. Integrity and availability promote supply chain transparency. Blockchain features can preserve security and increase transparency at the same time, despite the tension between confidentiality and transparency.Research limitations/implicationsThe research was conducted at a time when most blockchain applications were still in pilot stages. The propositions developed should therefore be revisited as blockchain applications become more widely adopted and mature.Originality/valueThis study is among the first to examine the way blockchain technology eases the tension between supply chain transparency and security. Unlike other studies that have suggested only positive impacts of blockchain technology on transparency, this study demonstrates that blockchain features can influence transparency both positively and negatively.

scholarly journals Health Is Wealth: Study on Consumer Preferences and the Willingness to Pay for Ecological Agricultural Product Traceability Technology: Evidence from Jiangxi Province China

2021 ◽  
Vol 18 (22) ◽  
pp. 11761
Author(s):  
Ximing Chen ◽  
Jie Shang ◽  
Muhammad Zada ◽  
Shagufta Zada ◽  
Xueqiang Ji ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Consumer Preferences ◽  
Jiangxi Province ◽  
Agricultural Product ◽  
Technology Application ◽  
Additional Payments ◽  
Organic Rice ◽  
Blockchain Technology ◽  
Experiment Method ◽  
Technology Applications

The application of traceability technology is an important way to solve food safety problems. Different traceability technologies bring different effects to consumers. Existing studies have not explored consumers’ preferences in regards to product traceability technology applications, and they have not analyzed their willingness to pay. Therefore, this study focused on organic rice, an ecological agricultural product. The study was based on a survey from Jiangxi Province, China. It used a selective experiment method in order to analyze consumer preferences and the willingness to pay for ecological agricultural product traceability technology. The results show that consumer preferences are as follows: blockchain technology application attributes, traditional traceability-technology-application attributes, high credit-supervision attributes, and international-certification attributes. In terms of willingness to pay, consumers have the highest willingness to pay for the application of blockchain technology, which they are willing to pay CNY 21.902 more per kg for this attribute. At the same time, consumers are also willing to make additional payments for traditional traceability-technology-application attributes, high credit-supervision attributes, and international-certification attributes. Their willingness to pay is CNY 20.426, CNY 17.115 yuan, and CNY 11.049, respectively.

scholarly journals Blockchain in Health Care: Hope or Hype?

10.2196/17199 ◽  
2020 ◽  
Vol 22 (7) ◽  
pp. e17199 ◽  
Author(s):  
Rania El-Gazzar ◽  
Karen Stendal
Keyword(s):  
Health Care ◽  
Active Role ◽  
Patient Data ◽  
Health Care Sector ◽  
Use Cases ◽  
Value Proposition ◽  
Blockchain Technology ◽  
Silver Bullet

There has been an increasing interest in blockchain technology from the health care sector in the last couple of years. The value proposition for using blockchain technology in the health care sector is to share sensitive patient data among health care entities securely and to empower patients. Blockchain technology allows patients to have an active role in developing and updating their own patient data. However, is blockchain technology really the silver bullet it seems to be? With this paper, we aim to understand the benefits and challenges of blockchain technology in the health care sector. We discuss innovation and security implications concerning blockchain technology in health care. Furthermore, we show that there is a need for more use cases to ensure the secure sharing of data within the health care sector. In our opinion, blockchain technology will not solve the issues encountered by the health care sector; in fact, it may raise more issues than it will solve.

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