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| benefits of blockchain technology: Cryptocurrency and Blockchain Technology Shaen Corbet, Andrew Urquhart, Larisa Yarovaya, 2020-08-24 This handbook will provide a comprehensive treatment of the gamut of issues and challenges that exist through the development of both cryptocurrencies and blockchain technology. This will not be confined to simply the investment potential within these new technological areas. We will examine the challenges in the regulatory, legal, taxation, accounting, modelling, ethical, macroeconomic impact and internationalization issues. Research on cryptocurrencies and blockchain technology has identified issues such as pricing abnormalities and bubble-like behavior, indicating that these new assets are highly speculative in nature, contain a growing number of legal abnormalities (such as the hacking of exchanges and broad theft of investor assets) and a growing number of significant regulatory issues. It is paramount that we investigate each of these issues in great detail to help to determine whether cryptocurrencies and blockchain technology merits consideration as a sustainable alternative investment asset. The handbook will be useful for specialist technical audiences such as legal, accounting and financial practices. It will also be beneficial for upper level masters and research students in economics, law, accounting, taxation, investment and portfolio management. |
| benefits of blockchain technology: Applications of Blockchain Technology in Business Mohsen Attaran, Angappa Gunasekaran, 2019-09-25 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. |
| benefits of blockchain technology: Handbook of Research on Blockchain Technology Saravanan Krishnan, Valentina Emilia Balas, E. Golden Julie, Harold Robinson Yesudhas, S. Balaji, Raghvendra Kumar, 2020-02-04 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 |
| benefits of blockchain technology: Blockchain and the Public Sector Christopher G. Reddick, Manuel Pedro Rodríguez-Bolívar, Hans Jochen Scholl, 2021-01-28 This book discusses blockchain technology and its potential applications in digital government and the public sector. With its robust infrastructure and append-only record system, blockchain technology is being increasingly employed in the public sector, specifically where trustworthiness and security are of importance. Written by leading scholars and practitioners, this edited volume presents challenges, benefits, regulations, frameworks, taxonomies, and applications of blockchain technology in the public domain. Specifically, the book analyzes the implementation of blockchain technologies in the public sector and the potential reforms it would bring. It discusses emerging technologies and their role in the implementation of blockchain technologies in the public sector. The book details the role of blockchain in the creation of public value in the delivery of public sector services. The book analyzes effects, impacts, and outcomes from the implementation of blockchain technologies in the public sector in select case studies. Providing up-to-date information on important developments regarding blockchain in government around the world, this volume will appeal to academics, researchers, policy-makers, public managers, international organizations, and technical experts looking to understand how blockchain can enhance public service delivery. |
| benefits of blockchain technology: Blockchain Technology and Applications for Digital Marketing Bansal, Rohit, Malyadri, Pacha, Singh, Amandeep, Pervez, Asif, 2021-06-25 Blockchain is a digital, decentralized technology that is continually growing and making quite a mark in digital marketing. Blockchain has brought a drastic change to technology in the last few years, and it is referred to as distributed ledger technology (DLT), which makes the historical backdrop of any computerized resource unalterable and straightforward using decentralization and cryptographic hashing. Blockchain is transforming digital marketing by removing companies’ abilities to pull data from customers without also offering to reimburse them for its value. Marketers can leverage the technology’s positive attributes that customers are searching for in today’s digital landscape, both in transparency and data protection. In terms of digital marketing, blockchain is one of the most important topics for its applications in the marketing field. Blockchain Technology and Applications for Digital Marketing provides insights on blockchain technology and its applications in digital marketing. This book grants a comprehensive understanding of how this technology is functioning within modern marketing and how it can influence the future of the digital marketing industry. The chapters cover the applications of blockchain, benefits and challenges, disruptive innovations in digital marketing, privacy and security concerns, and the recent trends of blockchain in digital marketing. It is ideally intended for marketers, advertisers, brand managers, executives, managers, IT specialists and consultants, researchers, businesses, practitioners, stakeholders, academicians, and students interested in blockchain technology and its role in digital marketing. |
| benefits of blockchain technology: How Will Blockchain Change The World IntroBooks Team, Nobody can deny the importance of currency in the financial or economic world. With the advancements in technology, there was a need for some digital way to store data. Then Blockchain arrived and changed the thinking of people and businesses. Yes, Blockchain is definitely a breakthrough in the digital financial world and it is going to be the stronger technology for future generations. Big companies, as well as businesses, have felt the importance of this new technology. That is why many of the biggest organizations, business owners and businesses are focusing on Blockchain. They also think that this is going to be the front line method to transfer or send money from one place of the world to the other place within a few seconds. There is no doubt that Blockchain has already made great changes in the financial as well as the other fields of the world. In the future, it is expected to grow more and surely its future is bright. |
| benefits of blockchain technology: Blockchain Technology: Applications and Challenges Sandeep Kumar Panda, Ajay Kumar Jena, Santosh Kumar Swain, Suresh Chandra Satapathy, 2021-04-30 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. |
| benefits of blockchain technology: Cross-Industry Use of Blockchain Technology and Opportunities for the Future Williams, Idongesit, 2020-05-22 Blockchain is a technology that transcends cryptocurrencies. There are other services in different sectors of the economy that can benefit from the trust and security that blockchains offer. For example, financial institutions are using blockchains for international money transfer, and in logistics, it has been used for supply chain management and tracking of goods. As more global companies and governments are experimenting and deploying blockchain solutions, it is necessary to compile knowledge on the best practices, strategies, and failures in order to create a better awareness of how blockchain could either support or add value to other services. Cross-Industry Use of Blockchain Technology and Opportunities for the Future provides emerging research highlighting the possibilities inherent in blockchain for different sectors of the economy and the added value blockchain can provide for the future of these different sectors. Featuring coverage on a broad range of topics such as data privacy, information sharing, and digital identity, this book is ideally designed for IT specialists, consultants, design engineers, cryptographers, service designers, researchers, academics, government officials, and industry professionals. |
| benefits of blockchain technology: Smart Learning Environments Maiga Chang, Yanyan Li, 2014-09-05 This book addresses main issues concerned with the future learning, learning and academic analytics, virtual world and smart user interface, and mobile learning. This book gathers the newest research results of smart learning environments from the aspects of learning, pedagogies, and technologies in learning. It examines the advances in technology development and changes in the field of education that has been affecting and reshaping the learning environment. Then, it proposes that under the changed technological situations, smart learning systems, no matter what platforms (i.e., personal computers, smart phones, and tablets) they are running at, should be aware of the preferences and needs that their users (i.e., the learners and teachers) have, be capable of providing their users with the most appropriate services, helps to enhance the users' learning experiences, and to make the learning efficient. |
| benefits of blockchain technology: Utilizing Blockchain Technologies in Manufacturing and Logistics Management S B Goyal, Nijalingappa Pradeep, Piyush Kumar Shukla, Mangesh M Ghonge, Renjith V Ravi, 2022-01-21 Blockchain technology has the potential to utterly transform supply chains, streamline processes, and improve the whole of security. Manufacturers across the globe face challenges with forecasting demand, controlling inventory, and accelerating digital transformation to cater to the challenges of changing market dynamics and evolving customer expectations. Hence, blockchain should be seen as an investment in future-readiness and customer-centricity, not as an experimental technology. Utilizing Blockchain Technologies in Manufacturing and Logistics Management explores the strengths of blockchain adaptation in manufacturing industries and logistics management, which include product traceability, supply chain transparency, compliance monitoring, and auditability, and also examines the current open issues and future research trends of blockchain. Leveraging blockchain technology into a manufacturing enterprise can enhance its security and reduce the rates of systematic failures. Covering topics such as fraud detection, Industry 4.0, and security threats, this book is a ready premier reference for graduate and post-graduate students, academicians, researchers, industrialists, consultants, and entrepreneurs, as well as micro, small, and medium enterprises. |
| benefits of blockchain technology: The Blockchain and the New Architecture of Trust Kevin Werbach, 2018-11-20 How the blockchain—a system built on foundations of mutual mistrust—can become trustworthy The blockchain entered the world on January 3, 2009, introducing an innovative new trust architecture: an environment in which users trust a system—for example, a shared ledger of information—without necessarily trusting any of its components. The cryptocurrency Bitcoin is the most famous implementation of the blockchain, but hundreds of other companies have been founded and billions of dollars have been invested in similar applications since Bitcoin’s launch. Some see the blockchain as offering more opportunities for criminal behavior than benefits to society. In this book, Kevin Werbach shows how a technology resting on foundations of mutual mistrust can become trustworthy. The blockchain, built on open software and decentralized foundations that allow anyone to participate, seems like a threat to any form of regulation. In fact, Werbach argues, law and the blockchain need each other. Blockchain systems that ignore law and governance are likely to fail, or to become outlaw technologies irrelevant to the mainstream economy. That, Werbach cautions, would be a tragic waste of potential. If, however, we recognize the blockchain as a kind of legal technology that shapes behavior in new ways, it can be harnessed to create tremendous business and social value. |
| benefits of blockchain technology: Think Bigger Mark Van Rijmenam, 2014-04-03 Offering real-world insight and explanations, this book provides a roadmap for organizations looking to develop a profitable big data strategy and reveals why it's not something they can leave to the I.T. department. Big data--the enormous amount of data that is created as virtually every movement, transaction, and choice we make becomes digitized--is revolutionizing business. Sharing best practices from companies that have implemented a big data strategy including Walmart, InterContinental Hotel Group, Walt Disney, and Shell, this helpful resource covers the most important big data trends affecting organizations, as well as key technologies like Hadoop and MapReduce, and several crucial types of analyses. In Think Bigger, you will find guidance on topics such as: how to ensure security, respecting the privacy rights of consumers, and how big data is impacting specific industries--and where opportunities can be found. Big data is changing the way businesses--and even governments--are operated and managed. Think Bigger is an essential resource for anyone who wants to ensure that their company isn't left in the dust. |
| benefits of blockchain technology: Blockchain and the Digital Economy Steinmetz FIEDLER, Ingo Fiedler, Lennart Ante, 2020-07-31 This book presents the key concepts of blockchain technology and an overview of the machinations of different blockchain ecosystems. It discusses the socioeconomic impact of this new technology, including its effects on sectors such as energy, data, capital markets, logistics, and gambling. |
| benefits of blockchain technology: The Real Business of Blockchain David Furlonger, Christophe Uzureau, 2019-10-15 Blockchain is transforming business. What's your strategy? Leaders of forward-thinking organizations are exploring how blockchain can transform the way they create and seek value. Whether it's used to streamline multiparty processes, create and trade new assets, or leverage artificial intelligence and the internet of things, blockchain enables entirely new business opportunities. This is just the start. As blockchain becomes more widely adopted, it has the potential to radically change the way companies and societies operate, as transformative a paradigm shift as the launch of the internet. The Real Business of Blockchain is one of the first books on this transformative technology written for business leaders. Authors David Furlonger and Christophe Uzureau--both of Gartner, the world-renowned research and advisory company--will help you: Assess how blockchain will impact your business Explore the value proposition that blockchain offers Make smart near- and midterm investments Position your organization in a new competitive landscape Timely, visionary, and accessible, The Real Business of Blockchain cuts through the hype and helps you unlock the vast capabilities of this powerful and potentially world-changing technology. |
| benefits of blockchain technology: Artificial Intelligence Marco Antonio Aceves-Fernandez, 2018-06-27 Artificial intelligence (AI) is taking an increasingly important role in our society. From cars, smartphones, airplanes, consumer applications, and even medical equipment, the impact of AI is changing the world around us. The ability of machines to demonstrate advanced cognitive skills in taking decisions, learn and perceive the environment, predict certain behavior, and process written or spoken languages, among other skills, makes this discipline of paramount importance in today's world. Although AI is changing the world for the better in many applications, it also comes with its challenges. This book encompasses many applications as well as new techniques, challenges, and opportunities in this fascinating area. |
| benefits of blockchain technology: Blockchain Revolution Don Tapscott, Alex Tapscott, 2016-05-10 Blockchain technology is powering our future. As the technology behind cryptocurrencies like bitcoin and Facebook's Libra, open software platforms like Ethereum, and disruptive companies like Ripple, it’s too important to ignore. In this revelatory book, Don Tapscott, the bestselling author of Wikinomics, and his son, blockchain expert Alex Tapscott, bring us a brilliantly researched, highly readable, and essential book about the technology driving the future of the economy. Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s best known as the technology that drives bitcoin and other digital currencies, it also has the potential to go far beyond currency, to record virtually everything of value to humankind, from birth and death certificates to insurance claims, land titles, and even votes. Blockchain is also essential to understand if you’re an artist who wants to make a living off your art, a consumer who wants to know where that hamburger meat really came from, an immigrant who’s tired of paying big fees to send money home to your loved ones, or an entrepreneur looking for a new platform to build a business. And those examples are barely the tip of the iceberg. As with major paradigm shifts that preceded it, blockchain technology will create winners and losers. This book shines a light on where it can lead us in the next decade and beyond. |
| benefits of blockchain technology: Blockchain Technology Applications in Education Sharma, Ramesh Chander, Yildirim, Hakan, Kurubacak, Gulsun, 2019-11-29 Blockchain relies on distributed databases that give an alterable and semipublic record of digital transactions. Blockchain in learning should address theoretical, practical, and technical issues, but it must also consider the philosophy behind interactive blockchain in learning. While the applications of blockchain have been the subject of serious academic research, there must be more continuous and multicultural attention paid to the impact of the latest management, communication, pedagogy, technology, and evaluation-based developments of blockchain in learning. Blockchain Technology Applications in Education is an essential scholarly publication that scrutinizes how open universities establish a blockchain network for decentralized learning. This book will explore a variety of new management models, communicational actions, pedagogical approaches, new technologies, and evaluation models. There will be new trends, patterns, and customs of blockchain in learning drawn from the distinctive improvements in learning milieus. Highlighting a range of topics such as corporate education, lifelong learning, and social media, this book is essential for academicians, curriculum designers, instructional designers, IT consultants, administrators, researchers, and students. |
| benefits of blockchain technology: Handbook of Research on Social Impacts of E-payment and Blockchain Technology P. C. Lai, 2021-10 This book provides broad research and applied coverage of subjects relating to the social impact of e-payment and blockchain in various industries and countries establishing a forum for the exchange of research ideas and practices,-- |
| benefits of blockchain technology: Blockchain in Data Analytics Mohiuddin Ahmed, 2020-01-16 Blockchain technology facilitates a decentralized database where business is rendered transparent without the involvement of middlemen. The first use of this technology was its application in digital currency (bitcoin). However, other potential uses of blockchain are yet to be explored. It is expected to have a major impact on cyber security, the internet of things, supply chain management, market prediction, governance, information management, and financial transactions, among others. Blockchain has redesigned the way in which people deal with their money due to its effectiveness, especially in terms of security. Therefore, from the data analytics point of view, investigation of the application of blockchain technology in a wide range of domains is crucial. In this context, this book provides a broad picture of the concepts, techniques, applications, and open research directions in this area, and will serve as a single source of reference for acquiring knowledge on this emerging technology. |
| benefits of blockchain technology: Big Data Analytics for Intelligent Healthcare Management Nilanjan Dey, Himansu Das, Bighnaraj Naik, H S Behera, 2019-04-15 Big Data Analytics for Intelligent Healthcare Management covers both the theory and application of hardware platforms and architectures, the development of software methods, techniques and tools, applications and governance, and adoption strategies for the use of big data in healthcare and clinical research. The book provides the latest research findings on the use of big data analytics with statistical and machine learning techniques that analyze huge amounts of real-time healthcare data. - Examines the methodology and requirements for development of big data architecture, big data modeling, big data as a service, big data analytics, and more - Discusses big data applications for intelligent healthcare management, such as revenue management and pricing, predictive analytics/forecasting, big data integration for medical data, algorithms and techniques, etc. - Covers the development of big data tools, such as data, web and text mining, data mining, optimization, machine learning, cloud in big data with Hadoop, big data in IoT, and more |
| benefits of blockchain technology: Blockchain Technologies, Applications And Cryptocurrencies: Current Practice And Future Trends Sam Goundar, 2020-09-03 This book serves as a reference for scholars, researchers and practitioners to update their knowledge on methodologies, theoretical analyses, modeling, simulation and empirical studies on blockchain technologies and cryptocurrencies. Chapters on the evolving theory and practice related to distributed ledger technologies and peer-to-peer digital currencies are intended to provide comprehensive coverage and understanding of their uses within the technological, business, and organizational domains.The contributions from this volume also provide a thorough examination of blockchains and cryptocurrencies with respect to issues of management, governance, trust and privacy, and interoperability.Contributed by a diverse range of authors from both academia and professional fields, this reference book presents frontier research in the fields of blockchains and cryptocurrencies. |
| benefits of blockchain technology: Transforming Cybersecurity Solutions using Blockchain Rashmi Agrawal, Neha Gupta, 2021-04-13 This book is targeted towards cybersecurity professionals (especially those dealing with cloud security) or any stakeholders dealing with cybersecurity who want to understand the next level of security infrastructure using blockchain. The book's security and privacy analysis help with an understanding of the basics of blockchain, and it explores the quantifying impact of the new attack surfaces introduced by blockchain technologies and platforms. In addition, the book contains relevant and current updates on the topic. It follows a practical approach to help understand how blockchain technology is used to transform cybersecurity solutions. |
| benefits of blockchain technology: Regulation of Cryptocurrencies and Blockchain Technologies Rosario Girasa, 2018-06-29 The book highlights the rise of Bitcoin, which is based on blockchain technology, and some of the many types of coins and tokens that emerged thereafter. Although Bitcoin and other cryptocurrencies have made national and international news with their dramatic rise and decline in value, nevertheless the underlying technology is being adopted by both industry and governments, which have noted the benefits of speed, cost efficiency, and protection from hacking. Based on numerous downloaded articles, laws, cases, and other materials, the book discusses the digital transformation, the types of cryptocurrencies, key actors, and the benefits and risks. It also addresses legal issues of digital technology and the evolving U.S. federal regulation. The varying treatment by individual U.S. states is reviewed together with attempts by organizations to arrive at a uniform regulatory regime. Both civil and criminal prosecutions are highlighted with an examination of the major cases that have arisen. Whether and how to tax cryptocurrency transactions both in the U.S. and internationally are analyzed, and ends with a speculative narrative of future developments. |
| benefits of blockchain technology: Blockchain for Healthcare Systems Sheikh Mohammad Idrees, Parul Agarwal, M. Afshar Alam, 2021-09-21 Blockchain for Healthcare Systems: Challenges, Privacy, and Securing of Data provides a detailed insight on how to reap the benefits of blockchain technology in healthcare, as the healthcare sector faces several challenges associated with privacy and security issues. It also provides in-depth knowledge regarding blockchain in healthcare and the underlying components. This book explores securing healthcare data using blockchain technology. It discusses challenges and solutions for blockchain technology in the healthcare sector and presents the digital transformation of the healthcare sector using different technologies. It covers the handling of healthcare data/medical records and managing the medical supply chain all using blockchain technology. The contents of this book are highly beneficial to educators, researchers, and others working in a similar domain. |
| benefits of blockchain technology: Blockchain For Dummies Tiana Laurence, 2019-04-01 Unravel the mysteries of blockchains Blockchain technologies are disrupting some of the world’s biggest industries. Blockchain For Dummies provides a fast way to catch up with the essentials of this quickly evolving tech. Written by an author involved in founding and analyzing blockchain solutions, this book serves to help those who need to understand what a blockchain can do (and can't do). This revised edition walks you through how a blockchainsecurely records data across independent networks. It offers a tour of some of the world’s best-known blockchains, including those that power Bitcoin and other cryptocurrencies. It also provides a glance at how blockchain solutions are affecting the worlds of finance, supply chain management, insurance, and governments. Get a clear picture of what a blockchain can do Learn how blockchains rule cryptocurrency and smart contracts Discover current blockchains and how each of them work Test blockchain apps Blockchain has become the critical buzzword in the world of financial technology and transaction security — and now you can make sense of it with the help of this essential guide. |
| benefits of blockchain technology: New Knowledge in Information Systems and Technologies Álvaro Rocha, Hojjat Adeli, Luís Paulo Reis, Sandra Costanzo, 2019-03-26 This book includes a selection of articles from The 2019 World Conference on Information Systems and Technologies (WorldCIST’19), held from April 16 to 19, at La Toja, Spain. WorldCIST is a global forum for researchers and practitioners to present and discuss recent results and innovations, current trends, professional experiences and challenges in modern information systems and technologies research, together with their technological development and applications. The book covers a number of topics, including A) Information and Knowledge Management; B) Organizational Models and Information Systems; C) Software and Systems Modeling; D) Software Systems, Architectures, Applications and Tools; E) Multimedia Systems and Applications; F) Computer Networks, Mobility and Pervasive Systems; G) Intelligent and Decision Support Systems; H) Big Data Analytics and Applications; I) Human–Computer Interaction; J) Ethics, Computers & Security; K) Health Informatics; L) Information Technologies in Education; M) Information Technologies in Radiocommunications; and N) Technologies for Biomedical Applications. |
| benefits of blockchain technology: Transforming Scholarly Publishing With Blockchain Technologies and AI Gunter, Darrell Wayne, 2021-06-18 Every industry will be positively affected by blockchain and AI technology at some point. However, blockchain is a misunderstood technology within the publishing realm. The scholarly publishing industry can significantly improve the flow of research, drive down costs, and introduce new efficiencies in the publishing industry with these new technologies. The scholarly publishing industry is in its early days of the digital transformation, and blockchain and AI technology could play a major role in this. However, the industry has been resistant to change. These reasons include but are not limited to staying with legacy systems, cost of new platforms, changing cultures, and understanding and adopting new technologies. With proper research and information provided, the publishing industry can adopt these technologies for beneficial advancements and the generation of a bright future. Transforming Scholarly Publishing With Blockchain Technologies and AI explores the changing landscape of scholarly publishing and how blockchain technologies and AI are slowly being integrated and used within the industry. This book covers both the benefits and challenges of implementing technology and provides both cases and new developments. Topics highlighted include business model developments, new efficiencies in scholarly publishing, blockchain in research libraries, knowledge discovery, and blockchain in academic publishing. This book is a valuable reference tool for publishers, IT specialists, technologists, publishing vendors, researchers, academicians, and students who are interested in how blockchain technologies and AI are transforming and developing a modern scholarly publishing industry. |
| benefits of blockchain technology: Bitcoin and Cryptocurrency Technologies Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller, Steven Goldfeder, 2016-07-19 An authoritative introduction to the exciting new technologies of digital money Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age. How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more. An essential introduction to the new technologies of digital currency Covers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much more Features an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slides Also suitable for use with the authors' Coursera online course Electronic solutions manual (available only to professors) |
| benefits of blockchain technology: Blockchain Technologies and Applications for Digital Governance Nijalingappa, Pradeep, Ghonge, Mangesh Manikrao, 2021-11-05 Since its inception, blockchain has evolved to become a crucial trending technology that massively impacts the fast-paced digital world. It has been a game-changing technology that is underpinned with cryptocurrencies like Ethereum and Bitcoin that eventually closed the doors for hacking activities. As blockchain is utilized across areas such as banking, voting, finance, healthcare, and manufacturing, it is important to examine the current trends, difficulties, opportunities, and future directions in order to utilize its full potential. Blockchain Technologies and Applications for Digital Governance addresses the impacts and future trends of blockchain, particularly for digital governance, and demonstrates the applications of blockchain in digital governance using case studies. Covering a range of topics from cybersecurity to real estate tokenization, it is ideal for industry professionals, researchers, academicians, instructors, practitioners, and students. |
| benefits of blockchain technology: Commercializing Blockchain Antony Welfare, 2019-07-29 The accessible, non-technical guide to applying and benefiting from blockchain technology. Blockchain has grown at an enormous rate in a very short period of time. In a business context, blockchain can level the playing field between small and large organisations in several ways: Exact copies of the immutable, time-stamped data is held by all parties, all transactions can be viewed in real time, data blocks are cryptographically linked, all raw materials are traceable and smart contracts ensure no middle-men, ease of audit and reduced friction. The trust, transparency, security, quality and reduced costs of blockchain make it a game-changing technology that crosses sectors, industries and borders with ease. Even though the technologies are ready for adoption, businesses remain largely unaware of their full potential and effective implementation. End users require accurate and up-to-date information on the practical applications of blockchain — Commercializing Blockchain provides it. A practical and easy-to-understand guide to blockchain, this timely book illustrates how this revolutionary technology can be used to transform governments, businesses, enterprises and entire communities. The author draws from his experience with global retailers, global technology companies, UCL Centre for Blockchain technologies, the government of the UK, Retail Blockchain Consortium and many other sources to present real-world case studies on the use and benefits of blockchain. Topics include financial transactions, tokenisation, identity management, supply chain transparency, global shipping and freight, counterfeiting and more. Provides practical guidance for blockchain transactions in business operations Provides practical guidance for blockchain transactions in business operations Demonstrates how blockchain can add value and bring increased efficiency to commercial operations Covers all of the essential components of blockchain such as traceability, provenance, certification and authentication Requires no technical expertise to embrace blockchain strategies Commercializing Blockchain: Strategic Applications in the Real World is ideal for enterprises seeking to develop and deploy blockchain technology, particularly in areas retail, supply chain and consumer goods. |
| benefits of blockchain technology: Leveraging Data Science for Global Health Leo Anthony Celi, Maimuna S. Majumder, Patricia Ordóñez, Juan Sebastian Osorio, Kenneth E. Paik, Melek Somai, 2020-07-31 This open access book explores ways to leverage information technology and machine learning to combat disease and promote health, especially in resource-constrained settings. It focuses on digital disease surveillance through the application of machine learning to non-traditional data sources. Developing countries are uniquely prone to large-scale emerging infectious disease outbreaks due to disruption of ecosystems, civil unrest, and poor healthcare infrastructure – and without comprehensive surveillance, delays in outbreak identification, resource deployment, and case management can be catastrophic. In combination with context-informed analytics, students will learn how non-traditional digital disease data sources – including news media, social media, Google Trends, and Google Street View – can fill critical knowledge gaps and help inform on-the-ground decision-making when formal surveillance systems are insufficient. |
| benefits of blockchain technology: Business Trends in Practice Bernard Marr, 2021-11-15 WINNER OF THE BUSINESS BOOK OF THE YEAR AWARD 2022! Stay one step ahead of the competition with this expert review of the most impactful and disruptive business trends coming down the pike Far from slowing down, change and transformation in business seems to come only at a more and more furious rate. The last ten years alone have seen the introduction of groundbreaking new trends that pose new opportunities and challenges for leaders in all industries. In Business Trends in Practice: The 25+ Trends That Are Redefining Organizations, best-selling business author and strategist Bernard Marr breaks down the social and technological forces underlying these rapidly advancing changes and the impact of those changes on key industries. Critical consumer trends just emerging today—or poised to emerge tomorrow—are discussed, as are strategies for rethinking your organisation’s product and service delivery. The book also explores: Crucial business operations trends that are changing the way companies conduct themselves in the 21st century The practical insights and takeaways you can glean from technological and social innovation when you cut through the hype Disruptive new technologies, including AI, robotic and business process automation, remote work, as well as social and environmental sustainability trends Business Trends in Practice: The 25+ Trends That Are Redefining Organizations is a must-read resource for executives, business leaders and managers, and business development and innovation leads trying to get – and stay – on top of changes and disruptions that are right around the corner. |
| benefits of blockchain technology: Disrupting Finance Theo Lynn, John G. Mooney, Pierangelo Rosati, Mark Cummins, 2018-12-06 This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry. |
| benefits of blockchain technology: The Truth Machine Paul Vigna, Michael J. Casey, 2019-03-05 Views differ on bitcoin, but few doubt the transformative potential of Blockchain technology. The Truth Machine is the best book so far on what has happened and what may come along. It demands the attention of anyone concerned with our economic future. —Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, Former Treasury Secretary From Michael J. Casey and Paul Vigna, the authors of The Age of Cryptocurrency, comes the definitive work on the Internet’s Next Big Thing: The Blockchain. Big banks have grown bigger and more entrenched. Privacy exists only until the next hack. Credit card fraud is a fact of life. Many of the “legacy systems” once designed to make our lives easier and our economy more efficient are no longer up to the task. Yet there is a way past all this—a new kind of operating system with the potential to revolutionize vast swaths of our economy: the blockchain. In The Truth Machine, Michael J. Casey and Paul Vigna demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society’s faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping. Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we’ve relied for centuries with a radical model that bypasses them. The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift. With the same balanced perspective they brought to The Age of Cryptocurrency, Casey and Vigna show why we all must care about the path that blockchain technology takes—moving humanity forward, not backward. |
| benefits of blockchain technology: Big Scientific Data Management Jianhui Li, Xiaofeng Meng, Ying Zhang, Wenjuan Cui, Zhihui Du, 2019-08-06 This book constitutes the refereed proceedings of the First International Conference on Big Scientific Data Management, BigSDM 2018, held in Beijing, Greece, in November/December 2018. The 24 full papers presented together with 7 short papers were carefully reviewed and selected from 86 submissions. The topics involved application cases in the big scientific data management, paradigms for enhancing scientific discovery through big data, data management challenges posed by big scientific data, machine learning methods to facilitate scientific discovery, science platforms and storage systems for large scale scientific applications, data cleansing and quality assurance of science data, and data policies. |
| benefits of blockchain technology: Business Innovation Through Blockchain VINCENZO. MORABITO, 2019-02-20 This book explores the main challenges and trends related to the use of blockchain technology for digital business innovation with the aim of providing practitioners with stimulating insights and ideas. Readers will find a unified survey of current scientific work on blockchain and related phenomena, such as bitcoin, from a range of perspectives, including information systems, technology management, innovation research, computer science, and engineering. In this way, the book links research and industry practices suitable for use by practitioners in their day-to-day activities and also provides an update on what academia may offer in terms of industry proposals. The contents are divided into three parts. After discussion of blockchain technology and management, including impacts on value chains and systems, governance, and security issues, the bitcoin phenomenon and main technological trends in the use of blockchain are addressed. The final part presents examples of business innovation using blockchain that are drawn from across the globe. Throughout, the author adopts a methodologically rigorous approach while ensuring that the text is readily understandable for readers, regardless of their degree of acquaintance with blockchain. |
| benefits of blockchain technology: Information and Communication Technologies in Tourism 2021 Wolfgang Wörndl, Chulmo Koo, Jason L. Stienmetz, 2021-01-11 This open access book is the proceedings of the International Federation for IT and Travel & Tourism (IFITT)’s 28th Annual International eTourism Conference, which assembles the latest research presented at the ENTER21@yourplace virtual conference January 19–22, 2021. This book advances the current knowledge base of information and communication technologies and tourism in the areas of social media and sharing economy, technology including AI-driven technologies, research related to destination management and innovations, COVID-19 repercussions, and others. Readers will find a wealth of state-of-the-art insights, ideas, and case studies on how information and communication technologies can be applied in travel and tourism as we encounter new opportunities and challenges in an unpredictable world. |
| benefits of blockchain technology: Blockchain Technologies for Sustainable Development in Smart Cities Swarnalatha, P., Prabu, S., 2022-02-18 Blockchain technology has great potential to radically change our socio-economic systems by guaranteeing secure transactions between untrusted entities, reducing costs, and simplifying many processes. However, employing blockchain techniques in sustainable applications development for smart cities still has some technical challenges and limitations. Blockchain Technologies for Sustainable Development in Smart Cities investigates blockchain-enabled technology for smart city developments and big data applications. This book provides relevant theoretical frameworks and the latest empirical research findings in the area. Covering topics such as digital finance, smart city technology, and data processing architecture, this book is an essential reference for electricians, policymakers, local governments, city committees, computer scientists, IT professionals, professors and students of higher education, researchers, and academicians. |
| benefits of blockchain technology: Inside Blockchain, Bitcoin, and Cryptocurrencies Niaz Chowdhury, 2019-08-16 This book covers blockchain from the underlying principles to how it enables applications to survive and surf on its shoulder. Having covered the fundamentals of blockchain, the book turns to cryptocurrency. It thoroughly examines Bitcoin before presenting six other major currencies in a rounded discussion. The book then bridges between technology and finance, concentrating on how blockchain-based applications, including cryptocurrencies, have pushed hard against mainstream industries in a bid to cement their positions permanent. It discusses blockchain as underlying banking technology, crypto mining and offering, cryptocurrency as investment instruments, crypto regulations, and markets. |
| benefits of blockchain technology: Blockchains for Network Security Haojun Huang, Lizhe Wang, Yulei Wu, Kim-Kwang Raymond Choo, 2020-11-13 Blockchain technology is a powerful, cost-effective method for network security. Essentially, it is a decentralized ledger for storing all committed transactions in trustless environments by integrating several core technologies such as cryptographic hash, digital signature and distributed consensus mechanisms. |
What are the Benefits of Blockchain? - IBM
The benefits of blockchain are increasing trust, security and transparency among member organizations by improving the traceability of data shared across a business network, plus …
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Eight benefits of blockchain technology are demonstrated in Fig. 3. The benefits were categorised into patient-related or organisational- related benefits. Four patient-related benefits were ...
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California Blockchain Working Group
As Chair of the Blockchain Working Group, it is my pleasure to submit the Group’s report for your review. The report fulfills the charge established by AB 2658 (Calderon) and represents a …
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Benefits Provided by Blockchain Technology in the - Neliti
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blockchain technology to create a more efficient and transparent non-profit sector [20]. The paper discusses the benefits of using blockchain technology, such as increased transparency, …
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The most significant characteristic of blockchain technology is veiled by blockchain’s decentralized methodology [25]. Precisely, the network is secured by
