Blockchain Adoption in the Winery Industry

2022 ◽  
pp. 43-72
Author(s):  
Matteo Pio Prencipe ◽  
Behzad Maleki Vishkaei ◽  
Pietro De Giovanni
Keyword(s):  
Competitive Advantage ◽  
Wine Production ◽  
Potential Value ◽  
Whole Process ◽  
Blockchain Technology ◽  
First Case ◽  
Financial Challenges

This chapter identifies the existing challenges in the winery industry and proposes to analyze their resolution by the adoption of blockchain technology. Blockchain allows the traceability of the whole process linked to wine production, from the cultivation of the grapes to the distribution of the bottles. Blockchain allows winery firms to unlock the potential value existing in some processes, especially when they create a competitive advantage. The chapter investigates these concepts within the case of Cantina Volpone, which has been the first case in Italy to adopt blockchain technology in the winery industry. This chapter studies the implementation path for blockchain technology in the winery industry and highlights the operational and financial challenges emerging from its adoption.

scholarly journals OPEN INNOVATION ORIENTATION AND SUSTAINABILITY OF SMES: DO ENTREPRENEURIAL ORIENTATION AND RESOURCE BRICOLAGE MATTER?

2021 ◽  
Vol 11 (4) ◽  
pp. 127-146
Author(s):  
Kumudu Jayawardhana
Keyword(s):  
Competitive Advantage ◽  
Knowledge Base ◽  
Significant Role ◽  
Entrepreneurial Orientation ◽  
Open Innovation ◽  
Research Question ◽  
Whole Process ◽  
Long Run ◽  
Medium Enterprise ◽  
Resource Bricolage

The burgeoning literature postulates that a firm’s degree of openness for external parties in building its knowledge base undoubtedly enables it gaining competitive advantage though a little attention has been devoted to investigating the phenomena from small and medium enterprise (SME) perspective. Accordingly, this study investigates how open innovation orientation leads nurturing greater innovation and acquiring greater sustainable goals and specifically, how entrepreneurial orientation and resource bricolage facilitate the whole process. Drawing upon a sample of 442 SMEs, the study followed a quantitative approach to investigate the focal research question. The results reveal that open innovation orientation of SMEs significantly influences on nurturing greater innovation and attaining sustainable goals in long-run while the entrepreneurial orientation drives the whole process. The study also finds that the resource bricolage plays a significant role in converting SMEs more open innovation oriented and fostering greater innovation. By doing so, this study provides noteworthy theoretical and managerial insights.

scholarly journals Competitive advantage of the sustainable digital economy

2021 ◽  
Vol 250 ◽  
pp. 06004
Author(s):  
Oksana Nurova ◽  
Tatiana Freze
Keyword(s):  
Competitive Advantage ◽  
Vocational Training ◽  
Sharing Economy ◽  
Digital Economy ◽  
Green Economy ◽  
High Tech ◽  
High Quality ◽  
Banking And Finance ◽  
Blockchain Technology ◽  
Wide Range

This research focuses on factors that influence the competitive advantage of the sustainable digital economy. Digital economy helped to speed up the exchange of information flows which, in turn, impacted on the creation the new forms of business and socio-economic interactions. Such sectors as banking and finance or hospitality and services are all influenced by the advancements of the digital economy that include sharing economy or Blockchain technology and its related applications. In this article, we show that digital economy is more sustainable due to the fact that it requires less energy sources and can itself contribute to the formation of the green economy and the acceptance of the renewable energy. All these features constitute its competitive advantage that needs to be further supported and fostered. In addition, we discuss key strategies and the development of skills to adapt to a digital economy and provide an overview of high-quality training for high-tech workers. It was assumed that in future, people would be able to easily acquire new skills through vocational training and vocational training. However, the spread of digital technologies has changed the way we work and has increased the need for high-quality training for workers in a wide range of professions. To use such technologies effectively, workers in an increasing number of sectors and professions need both general and advanced ICT skills.

scholarly journals Numerical simulations for the optimisation of ventilation system designed for wine cellars

2019 ◽  
Vol 50 (4) ◽  
pp. 180-190 ◽  
Author(s):  
Enrica Santolini ◽  
Alberto Barbaresi ◽  
Daniele Torreggiani ◽  
Patrizia Tassinari
Keyword(s):  
Natural Ventilation ◽  
Ventilation System ◽  
Climatic Conditions ◽  
Mold Growth ◽  
Critical Factors ◽  
Air Velocity ◽  
Wine Production ◽  
First Case ◽  
Dynamics Modelling ◽  
Optimal Configurations

The wine-ageing process is one of the most important phases of the wine production and it can be considerably affected by the micro-climatic conditions inside the ageing rooms. Underground wine cellars in small-medium wineries are designed with natural ventilation systems, able to maintain optimal indoor condition. However, critical factors emerge, such as mold growth or wine evapo-transpiration, where ventilation proved to be poorly designed, insufficient in the first case or excessive in the second one. The zones around the wooden barrels proved to be the most sensitive and problematic. These areas are the most investigated in terms of temperature and humidity values but surprisingly not in terms of air velocity. In this paper, a ventilation system has been designed and optimised to support the lack of ventilation, by means of computational fluid dynamics modelling. Eight configurations have been performed and analysed, identifying the best two according to the air velocity range. Specific parameters have been defined to appreciate the application limits of each configuration. These parameters can be used as reference for system design in similar studies and applications and can help scholars and professionals to identify the optimal configurations for the implementation and proper placement of the system inside a cellar.

scholarly journals The UN /CEFACACT XML Business Messaging Standard: A Potential Source Of Competitive Advantage

2009 ◽  
Vol 2 (1) ◽  
pp. 46
Author(s):  
Douglas Hill
Keyword(s):  
United Nations ◽  
Supply Chains ◽  
Competitive Advantage ◽  
Electronic Business ◽  
Value Proposition ◽  
Potential Value ◽  
Potential Source ◽  
The United Nations

This paper explores the potential value proposition that could be created in supply chains on adoption of the electronic business messaging standard directory; UN/XML, developed by the United Nations, UN/CEFACT and offers a framework to aid managers in deciding if UN/XML should be applied in their organizations

scholarly journals Leveraging Blockchain Technology to Break the Cloud Computing Market Monopoly

Computers ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 9 ◽  
Author(s):  
Tasos Bakogiannis ◽  
Ioannis Mytilinis ◽  
Katerina Doka ◽  
Georgios Goumas
Keyword(s):  
Cloud Computing ◽  
Competitive Advantage ◽  
Low Cost ◽  
A Priori ◽  
The Other ◽  
Smart Contracts ◽  
Central Authority ◽  
Blockchain Technology ◽  
Potential Resource ◽  
Task Processing

Cloud computing offerings traditionally originate from a handful of large and well established providers, which monopolize the market, preventing small players and individuals from having a share. As a result, the few, blindly and perforce trusted entities define the prices and manage to gain a significant competitive advantage by exploiting the knowledge derived by users’ data and computations. To tackle this monopoly and empower the democratization and full decentralization of the cloud computing market, we present CloudAgora, a platform that enables any potential resource provider, ranging from individuals to large companies, to monetize idle resources competing on equal terms, and allows any cloud consumer to enjoy access to low-cost storage and computation without having to trust any central authority. The key enabler of the platform is Blockchain technology, which is used to record commitment policies through the use of smart contracts, publicly verify off-chain services, both storage and computation related, and trigger automatic micropayments. On one hand, cloud consumers have the chance to request storage or compute resources, upload data, and outsource task processing over remote, fully distributed infrastructures. Although such infrastructures cannot be a priori trusted, CloudAgora offers mechanisms to ensure the verifiable validity of the outsourced storage and computation, discourage potential providers from behaving maliciously, and incentivize participants to play fair. On the other hand, providers are able to participate in auctions, placing bids for storage or computation tasks, serve requests, and offer validity proofs upon request. Our prototype is built as a Dapp on top of Ethereum and is available as an open source project.

scholarly journals Strategic Philosophy and Competitive Advantage: Conceptual Understanding and Application in Public Sector Organisations

2020 ◽  
Vol 2 (1) ◽  
pp. 10-19
Author(s):  
David Minja
Keyword(s):  
Public Sector ◽  
Competitive Advantage ◽  
Civil Society Organizations ◽  
Superior Performance ◽  
Strategic Decisions ◽  
Senior Managers ◽  
Whole Process ◽  
Successful Leadership ◽  
Rules And Principles ◽  
Strategic Goals

All organizations deal with strategy, but organizations operate under different conditions, affecting their understanding of how to do strategy. The study aims at providing an argument on how managers in public sector institutions apply the practice of strategic philosophy in their quest for effective practice of strategic management. Strategy is vital for a competitiveness, effective and efficient public service delivery and for successful leadership. Strategic philosophy refers to a set of beliefs, personal views or rules concerning the nature of organizational strategy. Managers apply these beliefs, values and rules to help make strategic decisions that provide direction, cohesion, mission and motivation to pursue organization’s strategic goals. The bureaucratic nature of public sector causes it to function according to unique set of principles, norms and rules. These rules and principles are influenced by the political nature of the institutions with little autonomy and /or discretion to decide on priorities, set own goals and deal with challenges and problems in order to exploit any emerging opportunities. This article used systematic literature review to identify studies that discussed the concepts of strategic philosophy and competitive advantage. Two focus groups discussions were also held with managers from public sector and civil society organizations. Since previous studies have been treating these concepts separately, articles dealing with each aspect of the study were reviewed and analysed to establish if any relationship exists between the two concepts. The study found out that the position occupied by a manager in the organization, skills and experience determine how he/she conceptualises the whole process of strategic planning. Senior managers believe that their role involves crafting the mission, vision, values, strategic goals and providing direction of the enterprise. They also determine the strategies that are likely to create superior performance.

scholarly journals Design of Blockchain Based Smart Contract for Tendering

2021 ◽  
Vol 10 (10) ◽  
pp. 222-225
Author(s):  
Denies Kiyeng ◽  
Simon Maina Karume ◽  
Nelson Masese
Keyword(s):  
Information Technology ◽  
Competitive Advantage ◽  
Customer Service ◽  
21St Century ◽  
Financial Services ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Challenges And Opportunities ◽  
Block Chain

Information technology is the backbone for all 21st century organizations that are looking forward to offer better customer service and gain competitive advantage. Today, blockchain technology is being adopted by a number of organizations such as financial services, healthcare, agriculture and even government. . However, the tendering sector have not been able to take advantage of the new blockchain technology, owing to the absence of blockchain based frameworks and a model for secure tendering. This study focuses on block-chain with its BYOE (Bring Your Own Encryption) concept in the procurement sector. The research comes up with a design of a blockchain based smart contract model for organizations in Kenya following ASD approach. In addition a discussion of challenges and opportunities of Blockchain based tendering is also presented.

scholarly journals Blockchain Technology as a Competitive Advantage for Higher Education Institutions in the Philippines

2020 ◽  
pp. 69-89
Author(s):  
Marita T. Salandanan
Keyword(s):  
Higher Education ◽  
Competitive Advantage ◽  
Flow Model ◽  
Higher Education Institutions ◽  
Distributed Learning ◽  
The Philippines ◽  
Weighted Mean ◽  
Blockchain Technology ◽  
Job Opportunities ◽  
One Way Anova

Abstract This research explores blockchain as a competitive advantage (CA) for higher education institutions (HEIs) in the Philippines. The respondents’ awareness of the relevance of blockchain use was also tested. The researcher aims to verify if blockchain is a foundational technology to be implemented in academe. Theoretical framework was formulated based on the knowledge procurement cycle and distributed learning ledger. The researcher proposes that conceptual framework, centered on blockchain (Ethereum), will enhance recordkeeping in education. Frequency, percentage, and weighted mean determined the degree of relevance of blockchain as CA of Philippine HEIs. One-way ANOVA determined respondents’ significant relationship (SR) with regard to blockchain awareness and identified SR of blockchain as CA over other colleges in terms of cost and differentiation. The results showed that students were most aware of the relevance of blockchain while professors were least aware. Both null hypotheses were accepted. There is no SR on the respondents’ awareness on the use of blockchain. Respondents considered technology relevant and a foundational technology in recordkeeping. The research proposes EduChain Activity Flow Model to enhance recordkeeping in the academe. It will offer ample job opportunities to students in the field of blockchain. Also, the researcher suggests that administrators may incorporate blockchain training as part of faculty development. This research will pave the way for future researchers to study other aspects of blockchain in education. Keywords: blockchain, blockchain technology, EduChain Activity Flow Model

Time Series Multispectral Images Processing for Crops and Forest Mapping

2019 ◽  
pp. 83-106
Author(s):  
Loubna El Mansouri ◽  
Said Lahssini ◽  
Rachid Hadria ◽  
Nadia Eddaif ◽  
Tarik Benabdelouahab ◽  
...  
Keyword(s):  
Time Series ◽  
Vegetation Index ◽  
Cost Effective ◽  
Forest Mapping ◽  
Whole Process ◽  
First Case ◽  
Supervised Classifiers ◽  
Multi Temporal ◽  
Crop Mapping ◽  
Images Processing

This chapter highlights time series image processing for accurate agriculture characterization through two Moroccan experiences. The first case aims at crop mapping. A new classification approach based on multiple classifiers combination (MCC) was developed and applied to multi-temporal enhanced vegetation index (EVI) bands. The whole process is performed in three stages: (1) Landsat data preparation and multi-temporal staked EVI image extraction, (2) MCC construction from six advanced and supervised classifiers, and (3) stacked EVI image classification using the build-up MCC. Some post-classification contextual rules were also added in order to optimize the crops classification and the final parcel shape. In the second case, a post-classification change detection process was implemented to detect changes in forest area. Many classification schemes with different vegetation and texture indices were investigated. The two experiences are cost-effective, reproducible, and transferable. Consequently, they can regularly be used to produce up-to-date land use maps.

scholarly journals Traceability of Ready-to-Wear Clothing through Blockchain Technology

2020 ◽  
Vol 12 (18) ◽  
pp. 7491 ◽  
Author(s):  
Juan José Bullón Pérez ◽  
Araceli Queiruga-Dios ◽  
Víctor Gayoso Martínez ◽  
Ángel Martín del Rey
Keyword(s):  
Supply Chain ◽  
Raw Materials ◽  
Apparel Industry ◽  
Whole Process ◽  
Blockchain Technology ◽  
The People ◽  
Proposal A ◽  
The Internet Of Things

Traceability and monitoring of industrial processes are becoming more important to assure the value of final products. Blockchain technology emerged as part of a movement linked to criptocurrencies and the Internet of Things, providing nice-to-have features such as traceability, authenticity and security to sectors willing to use this technology. In the retail industry, blockchain offers users the possibility to monitor details about time and place of elaboration, the origin of raw materials, the quality of materials involved in the manufacturing processes, information on the people or companies that work on it, etc. It allows to control and monitor textile articles, from their production or importing initial steps, up to their acquisition by the end consumer, using the blockchain as a means of tracking and identification during the whole process. This technology can also be used by the apparel industry in general and, more specifically, for ready-to-wear clothing, for tracing suppliers and customers along the entire logistics chain. The goal of this paper is to introduce the more recent traceability schemes for the apparel industry together with the proposal of a framework for ready-to-wear clothing which allows to ensure the transparency in the supply chain, clothing authenticity, reliability and integrity, and validity of the retail final products, and of the elements that compose the whole supply chain. In order to illustrate the proposal, a case study on a women’s shirt from an apparel and fashion company, where a private and open blockchain is used for tracing the product, is included. Blockchain actors are proposed for each product stage.

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