Blockchain Open Issues, Research Gaps, and Road Map of Future Blockchain for 2030

2022 ◽  
pp. 200-229
Author(s):  
Bhagvan Kommadi

The future is great for blockchain technology. Blockchain market size can grow from 3 billion USD to 39.7 billion USD by 2025. Thirty percent of blockchain projects might go live this year. There is another prediction that 90% of those projects might have a substitute solution. Twenty-five percent of Forbes Global 2000 might start implementing blockchain for improving digital trust. The implementations might not use tokenization, smart contracts, decentralized consensus, and other features. The latest solutions during COVID-19 lockdown are becoming the reference solutions for the blockchain initiatives. The number of enterprises that are part of the blockchain networks has significantly increased. On the other hand, long-term blockchain implementations are on hold. Future projects are focusing on creating a digital platform for post-pandemic scenarios. Private blockchains are becoming popular, and they will have a bigger market share compared to public blockchains. European countries are coming up with their cryptocurrency, and China is ready with its crypto yuan.

Author(s):  
Javier Callejo-Gallego

Blockchain technology was born with the bitcoin cryptocurrency and has been seen as a revolutionary technology since it became possible to design smart contracts and tokens based on it. It has been possible to export this innovation to the most diverse fields, including the culture and entertainment industry and media. However, and after six years of developing different models to incorporate blockchain into journalism, an integrated model to act as a reference in this field is still lacking. After analyzing and grouping the wide potential of blockchain in journalism into so-called regimes, this work points out both promising and failed projects in each of the three regimes proposed: registration, economic, and organizational. It is concluded that, despite the very interesting developments regarding the registration regime and intellectual property protection, on the one hand, and economic regime and tokenization, on the other, the inherent decentralized configuration of blockchain currently represents a large obstacle to the construction of an integrated model for its use in journalism. Resumen Desde que la tecnología nacida para la generación de la criptomoneda bitcoin, blockchain, incorporó la posibilidad de diseñar contratos inteligentes y tokens sobre la misma, se vio como una tecnología revolucionaria. De hecho, está, junto a la robótica y la inteligencia artificial, en el centro de la denominada cuarta revolución industrial. Una innovación capaz de ser llevada a los más diversos campos, entre los que destacaba la industria de la cultura y el entretenimiento en general y los medios de comunicación en particular. Es más, teniendo en cuenta la profunda crisis económica y de confianza que vive el ejercicio de la profesión periodística, se apuntaba como una prometedora alternativa a tener muy en cuenta. Sin embargo, tras seis años de probar con distintos modelos de incorporación de esta al ejercicio del periodismo, aún falta la referencia de un modelo capaz de integrar las capacidades derivadas de la misma en este campo. Parece que aún se está lejos de lo que podría considerarse un modelo blockchain en periodismo, de la misma manera que se está alcanzando en otras industrias o profesiones. En este artículo, tras analizar y agrupar esas potencialidades innovadoras en lo que se han denominado regímenes, se apuntan proyectos prometedores y proyectos fallidos en cada uno de ellos. Se concluye que, si bien se han dado desarrollos muy interesantes en lo que respecta a los regímenes de registro y protección de la propiedad intelectual, por un lado, y económico, a través de la tokenización, por otro lado, el gran obstáculo actualmente está en concretar la fórmula de la organización descentralizada. Un modelo de organización que se encuentra en el corazón de blockchain.


Computers ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 9 ◽  
Author(s):  
Tasos Bakogiannis ◽  
Ioannis Mytilinis ◽  
Katerina Doka ◽  
Georgios Goumas

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.


2012 ◽  
Vol 12 (4) ◽  
pp. 235-264 ◽  
Author(s):  
Pulak Mishra ◽  
Deepti Sahoo

Abstract In the context of initiation of economic reforms in general and changes in policies and regulations of the banking sector in particular, the present paper attempts to examine the structure-conduct-performance relationships in Indian banking sector. It is observed that there have been changes in the market structure of Indian banking sector, conducts of the banks and their performance in the post-reform era, especially during the last decade, though the changes have not been significant in every aspect. Using a panel dataset of 59 banks operating in India during 1999-2000 to 2008-2009 and applying the two-stage least squares (2SLS) method of estimation, the paper finds that there exist strong inter-linkages amongst structure of the market, banks’ conduct and their financial performance. While market share of a bank depends directly on its market size, asset base, selling efforts, and past financial performance, its selling efforts vary directly with market share, asset base, and past financial performance. On the other hand, returns on assets of a bank vary directly with its market share, but inversely with its asset base and selling efforts. The regression results essentially suggest for multidirectional and dynamic SCP relationships in Indian banking sector. It is also found that the nature of ownership has significant influence on market share, selling efforts and financial performance of the banks. As compared to the nationalised banks, market share of the private banks (both domestic and foreign) is found to be lower. But private banks make greater selling efforts and have better financial performance vis-à-vis their public sector counterparts


Author(s):  
Erginbay Uğurlu ◽  
Yusuf Muratoğlu

Two of the important topics concerning scientists and governments are blockchain and climate change. After the paper of Satoshi Nakamoto, blockchains became a global phenomenon. After its usage for cryptocurrencies, blockchain is starting to be used for digital protocols and smart contracts. Blockchain technology is used in many sectors, such as banking, finance, car leasing, entertainment, energy, etc. Climate change leads to global warming, which means the long-term warming of the planet. Therefore, governments have made an effort to decrease global warming or keep it stable. One of the mitigation ways of global warming is to use renewable energy. Solar energy is one of the most used types of renewable energy sources, and also blockchain technology is widely used in this sector. In this chapter, the authors investigate the use of blockchain technology in the solar energy sector.


Author(s):  
Erginbay Uğurlu ◽  
Yusuf Muratoğlu

Two of the important topics concerning scientists and governments are blockchain and climate change. After the paper of Satoshi Nakamoto, blockchains became a global phenomenon. After its usage for cryptocurrencies, blockchain is starting to be used for digital protocols and smart contracts. Blockchain technology is used in many sectors, such as banking, finance, car leasing, entertainment, energy, etc. Climate change leads to global warming, which means the long-term warming of the planet. Therefore, governments have made an effort to decrease global warming or keep it stable. One of the mitigation ways of global warming is to use renewable energy. Solar energy is one of the most used types of renewable energy sources, and also blockchain technology is widely used in this sector. In this chapter, the authors investigate the use of blockchain technology in the solar energy sector.


2005 ◽  
Vol 44 (03) ◽  
pp. 107-117
Author(s):  
R. G. Meyer ◽  
W. Herr ◽  
A. Helisch ◽  
P. Bartenstein ◽  
I. Buchmann

SummaryThe prognosis of patients with acute myeloid leukaemia (AML) has improved considerably by introduction of aggressive consolidation chemotherapy and haematopoietic stem cell transplantation (SCT). Nevertheless, only 20-30% of patients with AML achieve long-term diseasefree survival after SCT. The most common cause of treatment failure is relapse. Additionally, mortality rates are significantly increased by therapy-related causes such as toxicity of chemotherapy and complications of SCT. Including radioimmunotherapies in the treatment of AML and myelodyplastic syndrome (MDS) allows for the achievement of a pronounced antileukaemic effect for the reduction of relapse rates on the one hand. On the other hand, no increase of acute toxicity and later complications should be induced. These effects are important for the primary reduction of tumour cells as well as for the myeloablative conditioning before SCT.This paper provides a systematic and critical review of the currently used radionuclides and immunoconjugates for the treatment of AML and MDS and summarizes the literature on primary tumour cell reductive radioimmunotherapies on the one hand and conditioning radioimmunotherapies before SCT on the other hand.


2018 ◽  
pp. 49-68 ◽  
Author(s):  
M. E. Mamonov

Our analysis documents that the existence of hidden “holes” in the capital of not yet failed banks - while creating intertemporal pressure on the actual level of capital - leads to changing of maturity of loans supplied rather than to contracting of their volume. Long-term loans decrease, whereas short-term loans rise - and, what is most remarkably, by approximately the same amounts. Standardly, the higher the maturity of loans the higher the credit risk and, thus, the more loan loss reserves (LLP) banks are forced to create, increasing the pressure on capital. Banks that already hide “holes” in the capital, but have not yet faced with license withdrawal, must possess strong incentives to shorten the maturity of supplied loans. On the one hand, it raises the turnovers of LLP and facilitates the flexibility of capital management; on the other hand, it allows increasing the speed of shifting of attracted deposits to loans to related parties in domestic or foreign jurisdictions. This enlarges the potential size of ex post revealed “hole” in the capital and, therefore, allows us to assume that not every loan might be viewed as a good for the economy: excessive short-term and insufficient long-term loans can produce the source for future losses.


2018 ◽  
Vol 59 (1) ◽  
pp. 65-79
Author(s):  
Katarzyna Nikorowicz-Zatorska

Abstract The present paper focuses on spatial management regulations in order to carry out investment in the field of airport facilities. The construction, upgrades, and maintenance of airports falls within the area of responsibility of local authorities. This task poses a great challenge in terms of organisation and finances. On the one hand, an active airport is a municipal landmark and drives local economic, social and cultural development, and on the other, the scale of investment often exceeds the capabilities of local authorities. The immediate environment of the airport determines its final use and prosperity. The objective of the paper is to review legislation that affects airports and the surrounding communities. The process of urban planning in Lodz and surrounding areas will be presented as a background to the problem of land use management in the vicinity of the airport. This paper seeks to address the following questions: if and how airports have affected urban planning in Lodz, does the land use around the airport prevent the development of Lodz Airport, and how has the situation changed over the time? It can be assumed that as a result of lack of experience, land resources and size of investments on one hand and legislative dissonance and peculiar practices on the other, aviation infrastructure in Lodz is designed to meet temporary needs and is characterised by achieving short-term goals. Cyclical problems are solved in an intermittent manner and involve all the municipal resources, so there’s little left to secure long-term investments.


Author(s):  
Yulia S. Chechikova

Digitization of a national cultural and scientific heritage is one of the long-term strategic problems of the European countries’ governments. Member countries of the European Union make major efforts in providing access to their cultural heritage. In the article the process of an access provision is described for Finland.


2017 ◽  
Vol 9 (1) ◽  
pp. 168
Author(s):  
Md Mostafizur Rahman ◽  
Mahmud Uz Zaman

Pharmaceuticals agglomerations consistently use their brand image and versatile product portfolios to consolidate their position in the financial sector, which is evident in their continuous profit making and expansion in market share. This paper explores the short-term and long-term investment attractiveness through ‘consumer centric decision’ approach in two selected pharmaceutical companies, Renata Limited and Orion Pharma Limited, of Bangladesh over the last three years’ period. This research adopts a systematic approach which primarily addresses the various concerns of investors to illustrate the decision-making process of the existing and future investors. Using primarily domestic transaction data, this study explores how the leading pharmaceuticals companies of Bangladesh effectively use the wide array of drug portfolios mix with appropriate branding techniques to increase their financial profit and market share simultaneously. Both SWOT analysis and Porters Five Forces Model explore the business analysis of Renata Limited in compare to Orion Pharma Limited that provides a conclusion regarding investors’ decision to invest in Renata Limited. Considering the financial analysis, Renata’s financial liquidity is not very satisfactory and could have been improved further if management is prudent on financial strategy settings. Findings of the business analysis indicate that Renata Limited would be a good investment choice for existing and prospective shareholders based on its opportunities for long term and short term growth and further expansion in developing the market. The results suggest that even lower liquidity coupled with higher interest borrowings can be balanced by posing positive picture to the public shareholders by returning the positive dividend to them.


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