Blockchain Technology: Applications and Challenges

Blockchain Technology: Applications and Challenges
Title Blockchain Technology: Applications and Challenges PDF eBook
Author Sandeep Kumar Panda
Publisher Springer Nature
Pages 307
Release 2021-04-30
Genre Technology & Engineering
ISBN 3030693953

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This book discusses the various open issues of blockchain technology, such as the efficiency of blockchain in different domains of digital cryptocurrency, smart contracts, smart education system, smart cities, cloud identity and access, safeguard to cybersecurity and health care. For the first time in human history, people across the world can trust each other and transact over a large peer-to-peer networks without any central authority. This proves that, trust can be built not only by centralized institution but also by protocols and cryptographic mechanisms. The potential and collaboration between organizations and individuals within peer networks make it possible to potentially move to a global collaborative network without centralization. Blockchain is a complex social, economic and technological phenomenon. This questions what the established terminologies of the modern world like currency, trust, economics and exchange would mean. To make any sense, one needs to realize how much insightful and potential it is in the context and the way it is technically developed. Due to rapid changes in accessing the documents through online transactions and transferring the currency online, many previously used methods are proving insufficient and not secure to solve the problem which arises in the safe and hassle-free transaction. Nowadays, the world changes rapidly, and a transition flow is also seen in Business Process Management (BPM). The traditional Business Process Management holds good establishment last one to two decades, but, the internal workflow confined in a single organization. They do not manage the workflow process and information across organizations. If they do so, again fall in the same trap as the control transfers to the third party that is centralized server and it leads to tampering the data, and single point of failure. To address these issues, this book highlights a number of unique problems and effective solutions that reflects the state-of-the art in blockchain Technology. This book explores new experiments and yields promising solutions to the current challenges of blockchain technology. This book is intended for the researchers, academicians, faculties, scientists, blockchain specialists, business management and software industry professionals who will find it beneficial for their research work and set new ideas in the field of blockchain. This book caters research work in many fields of blockchain engineering, and it provides an in-depth knowledge of the fields covered.

Applications of Blockchain Technology in Business

Applications of Blockchain Technology in Business
Title Applications of Blockchain Technology in Business PDF eBook
Author Mohsen Attaran
Publisher Springer Nature
Pages 116
Release 2019-09-25
Genre Business & Economics
ISBN 3030277984

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The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.

Handbook of Research on Blockchain Technology

Handbook of Research on Blockchain Technology
Title Handbook of Research on Blockchain Technology PDF eBook
Author Saravanan Krishnan
Publisher Academic Press
Pages 478
Release 2020-02-04
Genre Science
ISBN 012820415X

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Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. - Presents the evolution of blockchain, from fundamental theories, to present forms - Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) - Provides complete coverage of the various tools, platforms and techniques used in blockchain - Explores smart contract tools and consensus algorithms - Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery

Blockchain Technology and Computational Excellence for Society 5.0

Blockchain Technology and Computational Excellence for Society 5.0
Title Blockchain Technology and Computational Excellence for Society 5.0 PDF eBook
Author Khan, Shahnawaz
Publisher IGI Global
Pages 309
Release 2022-01-14
Genre Computers
ISBN 1799883841

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Blockchain is the most disruptive technology to emerge in the last decade. The evolution of cryptocurrencies has carried with it a revolution in digital economics that has catapulted the application of blockchain technology to a new level across a variety of industries, including banking, security, networking, and more. Blockchain Technology and Computational Excellence for Society 5.0 closes the gap in existing literature by presenting a selection of chapters that not only shape the research domain, but also present supportive real-life problems and pragmatic solutions. This book presents a variety of highly relevant themes, concepts, and applications in blockchain, discussing topics such as cyber security, digital currencies, and intelligent networks, fueling awareness and interest. With its insight into various platforms, techniques, and tools, this book serves as a valuable resource for academicians, researchers, research scholars, postgraduates, professors, computer scientists, and technology enthusiasts.

Cryptocurrencies and Blockchain Technology Applications

Cryptocurrencies and Blockchain Technology Applications
Title Cryptocurrencies and Blockchain Technology Applications PDF eBook
Author Gulshan Shrivastava
Publisher John Wiley & Sons
Pages 336
Release 2020-06-30
Genre Business & Economics
ISBN 111962116X

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As we enter the Industrial Revolution 4.0, demands for an increasing degree of trust and privacy protection continue to be voiced. The development of blockchain technology is very important because it can help frictionless and transparent financial transactions and improve the business experience, which in turn has far-reaching effects for economic, psychological, educational and organizational improvements in the way we work, teach, learn and care for ourselves and each other. Blockchain is an eccentric technology, but at the same time, the least understood and most disruptive technology of the day. This book covers the latest technologies of cryptocurrencies and blockchain technology and their applications. This book discusses the blockchain and cryptocurrencies related issues and also explains how to provide the security differently through an algorithm, framework, approaches, techniques and mechanisms. A comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organization and industry as a whole and how to integrate blockchain technology into your business strategy. In addition, the book explores the blockchain and its with other technologies like Internet of Things, big data and artificial intelligence, etc.

Blockchain and AI Technology in the Industrial Internet of Things

Blockchain and AI Technology in the Industrial Internet of Things
Title Blockchain and AI Technology in the Industrial Internet of Things PDF eBook
Author Pani, Subhendu Kumar
Publisher IGI Global
Pages 317
Release 2021-01-08
Genre Computers
ISBN 1799866955

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Blockchain and artificial intelligence (AI) in industrial internet of things is an emerging field of research at the intersection of information science, computer science, and electronics engineering. The radical digitization of industry coupled with the explosion of the internet of things (IoT) has set up a paradigm shift for industrial and manufacturing companies. There exists a need for a comprehensive collection of original research of the best performing methods and state-of-the-art approaches in this area of blockchain, AI, and the industrial internet of things in this new era for industrial and manufacturing companies. Blockchain and AI Technology in the Industrial Internet of Things compares different approaches to the industrial internet of things and explores the direct impact blockchain and AI technology have on the betterment of the human life. The chapters provide the latest advances in the field and provide insights and concerns on the concept and growth of the industrial internet of things. While including research on security and privacy, supply chain management systems, performance analysis, and a variety of industries, this book is ideal for professionals, researchers, managers, technologists, security analysts, executives, practitioners, researchers, academicians, and students looking for advanced research and information on the newest technologies, advances, and approaches for blockchain and AI in the industrial internet of things.

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

Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector
Title Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector PDF eBook
Author Mahmood, Zaigham
Publisher IGI Global
Pages 400
Release 2021-03-18
Genre Computers
ISBN 1799866521

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Blockchain technology presents numerous advantages that include increased transparency, reduced transaction costs, faster transaction settlement, automation of information, increased traceability, improved customer experience, improved digital identity, better cyber security, and user-controlled networks. These potential applications are widespread and diverse including funds transfer, smart contracts, e-voting, efficient supply chain, and more in nearly every sector of society including finance, healthcare, law, trade, real estate, and other important areas. However, there are challenges and limitations that exist such as high energy consumption, limited scalability, complexity, security, network size, lack of regulations, and other critical issues. Nevertheless, blockchain is an attractive technology and has much to offer to the modern-day industry. Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector investigates blockchain technology’s adoption and effectiveness in multiple industries and for the internet of things (IoT)-based applications, presents use cases from industrial and financial sectors as well as from other transaction-based services, and fills a gap in this respect by extending the existing body of knowledge in the suggested field. While highlighting topics such as cybersecurity, use cases, and models for blockchain implementation, this book is ideal for business managers, financial accountants, practitioners, researchers, academicians, and students interested in blockchain technology’s role and implementation in IoT and the financial sector.