Application Of Blockchain Technology Research Articles

Utilizing Blockchain in Supply Chain Management

In this paper, we examine the potential applications, drawbacks, and benefits of blockchain technology within the framework of supply chain management. This research examines the pertinent literature and does an empirical analysis to determine the potential impacts that blockchain technology may have on the operational and strategic components of supply chains. The findings of this poll indicate that a large number of people are interested in and aware about blockchain technology and its potential applications, including improving the efficiency, security, and transparency of supply chain operations. Obstacles include resistance to change, concerns about security, and a general ignorance of science. Researchers and experts in the field can benefit from the study's insightful observations on the present and potential applications of blockchain technology in supply chain management. Key ideas include supply chain management, blockchain, technology utilization, potential, and challenges.

Integrity and Privacy Assurance Framework for Remote Healthcare Monitoring Based on IoT

Remote healthcare monitoring (RHM) has become a pivotal component of modern healthcare, offering a crucial lifeline to numerous patients. Ensuring the integrity and privacy of the data generated and transmitted by IoT devices is of paramount importance. The integration of blockchain technology and smart contracts has emerged as a pioneering solution to fortify the security of internet of things (IoT) data transmissions within the realm of healthcare monitoring. In today’s healthcare landscape, the IoT plays a pivotal role in remotely monitoring and managing patients’ well-being. Furthermore, blockchain’s decentralized and immutable ledger ensures that all IoT data transactions are securely recorded, timestamped, and resistant to unauthorized modifications. This heightened level of data security is critical in healthcare, where the integrity and privacy of patient information are nonnegotiable. This research endeavors to harness the power of blockchain and smart contracts to establish a robust and tamper-proof framework for healthcare IoT data. Employing smart contracts, which are self-executing agreements programmed with predefined rules, enables us to automate and validate data transactions within the IoT ecosystem. These contracts execute automatically when specific conditions are met, eliminating the need for manual intervention and oversight. This automation not only streamlines the process of data processing but also enhances its accuracy and reliability by reducing the risk of human error. Additionally, smart contracts provide a transparent and tamper-proof mechanism for verifying the validity of transactions, thereby mitigating the risk of fraudulent activities. By leveraging smart contracts, organizations can ensure the integrity and efficiency of data transactions within the IoT ecosystem, leading to improved trust, transparency, and security. Our experiments demonstrate the application of a blockchain approach to secure transmissions in IoT for RHM, as will be illustrated in the paper. This showcases the practical applicability of blockchain technology in real-world scenarios.

The interaction of upstream encroachment and blockchain technology application in a shipping supply chain

In shipping practice, ocean shipping (OS) companies launch their own cargo-canvassing channel to diversify revenue streams and further develop blockchain technology to improve their shipping service level. This study employs a game theory model to investigate the value of the OS company (i.e., upstream) encroaching and the application of blockchain technology by engaging in strategic interactions. Through our investigation, we find that it is disadvantageous for the OS company to encroach on the shipping market (apply blockchain technology) when the cost of encroachment (blockchain) is relatively high. Interestingly, by analyzing strategic interactions, we find that the application of blockchain technology influences the encroachment pattern, and the encroachment incentivizes the OS company to apply blockchain technology when the market demand for the encroaching channel is moderate. More interestingly, we innovatively propose the synergy, dysergy and mutual exclusivity effect to demonstrate our analysis. Furthermore, we discuss the impacts of the value of OS company’s encroachment and application of blockchain technology on the freight forwarder, and propose a “Blockchain Technology Compensation” (BTC) coordination mechanism to cope with the “win-lose” situation caused by the application of blockchain technology by the OS company.

The blockchain in the renewable energy sector: a tool for sustainability promotion

Energy transition and companies’ commitment to sustainability can be supported by integrating innovative technologies into the renewable energy (RE) sector. Blockchain technology (BT) represents one such technology. This paper explores how BT can support RE consumption as an answer to energy sector companies’ technological, transparency and traceability needs. We conducted a literature review on blockchain’s ability to adapt to the energy sector, focusing on RE applications. In addition, we qualitatively analysed two projects pursued by energy sector companies in Europe. Although there is an abundance of research on the application of BT in the energy sector, there are only a few operational studies on this theme. Therefore, we combined the theoretical analysis with an exploration of the practical application of BT in two actual developments that highlight its positive implications for the transition to RE. BT applications for RE are at an early stage and require time for development. The analysis invites interactions among academics, energy sector operators and legislators. The findings contribute to facilitate the RE adoption and greenhouse gas emissions reduction in compliance with 2030 and 2050 goals.

The role of digital transformation in business and its impact on sustainable development goals (sdgs) in the tourism sector

Objective: The objective of this paper is to examine the role of digital transformation in enhancing sustainability within the tourism industry and its impact on achieving the Sustainable Development Goals (SDGs). The study aims to analyze how digital technologies can foster economic growth, social inclusivity, and environmental responsibility, thereby contributing to a more sustainable and resilient tourism sector. Method: The research employs a comprehensive literature review methodology, drawing on case studies, industry reports, and empirical evidence. Key areas of focus include the integration of digital tools in tourism operations, such as online booking platforms, customer relationship management systems, data analytics, and Internet of Things (IoT) applications. The study also explores the application of augmented reality (AR), virtual reality (VR), blockchain technology, and smart destination management in promoting sustainable tourism practices. Results: The findings indicate that digital transformation significantly enhances operational efficiency, customer experience, and overall competitiveness in the tourism industry. Digital technologies enable data-driven decision-making, efficient resource management, and real-time monitoring of environmental impacts. The integration of digital platforms promotes eco-friendly practices, supports financial inclusion through digital payments, and facilitates stakeholder engagement. Moreover, virtual tourism and AR/VR technologies provide immersive experiences that reduce the environmental impact of physical travel while educating tourists about conservation and sustainability. Conclusions: Digital transformation is a powerful tool for advancing sustainability in the tourism sector. By leveraging digital technologies, businesses can align their operations with the SDGs, promoting responsible consumption, reducing environmental impact, and fostering inclusive economic growth. The study underscores the importance of a balanced approach where digital transformation drives economic benefits while ensuring social and environmental responsibility. Collaboration among stakeholders, including businesses, governments, and local communities, is essential for creating a sustainable and resilient tourism industry. The ongoing commitment to innovation and responsible practices will play a pivotal role in shaping a sustainable future for the tourism sector.

Blockchain Applications in the Food Industry: A Systematic Literature Review

This paper presents the findings from a systematic literature review that explores the applications of blockchain technology within the food industry. The review is based on an analysis of 83 selected publications which have been sourced from ScienceDirect and Web of Science databases. The findings show promising and multifaceted ways of blockchain technology in the supply chain. By enabling secure and traceable data management, blockchain contributes to more safety and reliability of information hereby contributing to auditing functions as well as enabling sustainability-oriented business and reporting practices. The impact of blockchain technology is affecting various stakeholders in the supply chain. For example, consumers benefit from improved access to trustworthy food-related information, which in turn can shape purchasing decisions. Businesses, on the other hand, face the imperative of assessing the potential implications of blockchain technology on their existing strategies. Despite the evident progress and the promise of numerous advantages, it is apparent that blockchain technology in the food industry remains at an early stage of development with much work ahead with respect to academic contributions and practical implications. It is essential to tailor the implementation of blockchain technology to the specific conditions of individual supply chains, particularly regarding different types of food products. This applies equally to the bakery industry, where academic research is still missing so far. Therefore, insights from other sectors within the food industry are informative as to their applicability in the bakery industry as well if they are indirectly applied.

The Decentralized Non-Fungible Token Exchange with Secure Connections

During the COVID-19 outbreak, due to the lockdown, all museums and galleries were closed for more than a year. So, the buying and selling of physical arts have dropped. This project aims to overcome this challenge by developing a decentralized application called Decentralized NFT Exchange. The decentralized non-fungible token (NFT)exchange includes features such as secure wallet connections, NFT creations, buying, selling, and profile management. The back-end of the decentralized NFT exchange is implemented using Solidity-based smart contracts, while InterPlanetary File System (IPFS)is used for decentralized storage. Front-end development of decentralized NFT exchange is implemented using React JSX and framework web3.js that helps developers connect to the Ethereum network. Decentralized NFT can help art creators sell their artworks using a smart contract system where the ownership of the work will become the property of the new owner with proof of a digital certificate. The project demonstrates the practical application of blockchain technology in developing decentralized applications (DApps)for secure and decentralized digital asset management. Overall, Decentralized NFT might be a solution for the copyright of work in the future and the project contributes to secure and decentralized digital asset management

Nhân tố ảnh hưởng đến quyết định ứng dụng Blockchain vào quản trị chuỗi cung ứng của doanh nghiệp nhỏ và vừa tại Việt Nam

This study aims to evaluate the factors affecting the decision to apply Blockchain technology (BT) to supply chain management (SCM) for SMEs in Vietnam. By surveying 514 leaders and managers of businesses, the authors performed descriptive statistics using SPSS 26 software, and the measurement model and structural model PLS-SEM were evaluated using SMARTPLS 4 software. The results of the study show that the factors affecting the intention to apply BT to make the decision to apply this technology to SCM of their business, including: (1) Technological readiness, (2) System compatibility, (3) Perceived usefulness (Relative advantage), (4) Complexity, (5) Security and privacy, (6) Cost, (7) Organizational readiness, (8) Legal and policy of Government support, (9) Competitive pressure. Based on the study, the authors proposes a number of implications to provide useful information for businesses and stakeholders in Vietnam to make informed decisions to applying BT to SCM.

The Impact of Blockchain Technology Applications on Enterprise Innovation in the Digital Economy Era: An Empirical Test Based on a PSM-DID Model

The Impact of Blockchain Technology Applications on Enterprise Innovation in the Digital Economy Era: An Empirical Test Based on a PSM-DID Model

A COMPREHENSIVE REVIEW OF SURVEY OPINION ON BLOCKCHAIN ACCOUNTING DATA: INSIGHTS AND IMPLICATIONS

Block chain technology gained significant attention in recent years due to its benefits in terms of integrity, audit ability, transparency and automation. This research paper presents the results of questionnaire analysis through opinion survey conducted to explore the perception and experiences of accounting professionals and non professionals regarding integration of block chain technology in accounting practices. This research is both quantitative and descriptive in nature and mainly uses primary data obtained from surveys of 60 respondents. Convenience sampling was used due to limited time and cost. Secondary sources used include academic journals, research papers and websites to compile study data. Further, for analysis of data 5 point Likert Scale of measurement statistical technique is used. Tabular analysis of TAS and BCA is also analyzed in present paper. Overall, through comprehensive analysis of opinion survey report, it was concluded that respondents showed positive attitude towards the potential benefits of block chain technology in accounting practices. But, the application of block chain technology still in its early stage and has many challenges and risk to make it more reliable. Training and education on block chain technology are essentials for accounting professionals to leverage its benefits effectively.

Innovative Digital Signature Paradigm and its Blockchain Applications

Abstract: This paper introduces an innovative digital signature method called the "expander signature" and explores its Blockchain technology applications. The key advantage of this approach is that a signer can create and manage multiple signatures using a powerful computer, storing expander keys securely. When needed, the signer can release specific expander keys for signature verification, even on resource-limited devices. The paper formally defines the syntax and the security of expander signatures, providing generic constructions from different signature schemes. Importantly, security of expander signatures relies on underlying public key signature schemes, ensuring the signer's secret key remains confidential. This innovation is showcased through an application in blockchain technology.

Leveraging Blockchain for Enhanced Visibility and Sustainability in the Energy Sector Supply Chain

The energy sector faces significant challenges related to supply chain traceability, including issues with transparency, data integrity, regulatory compliance, and fraud prevention. Blockchain technology, with its decentralized, transparent, and immutable ledger, offers promising solutions to these challenges. This review explores the application of blockchain technology in enhancing supply chain traceability in the energy sector. It examines the potential benefits in terms of visibility, data integrity, compliance, and sustainability, and discusses real-world applications, challenges, and future directions. Case studies from renewable energy, fossil fuels, and smart grids illustrate blockchain's impact. Despite the promising benefits, technical, regulatory, and implementation challenges remain. Future research and development, along with supportive policy frameworks, are essential for realizing blockchain's full potential in transforming the energy supply chain into a more efficient, transparent, and sustainable system.

Application of Blockchain Technology in Coal Mine Waste Treatment

With the sustainable development of coal mine industry, coal mine garbage disposal has become a key factor restricting the sustainable development of the industry. In order to meet this challenge, this paper analyzes how blockchain technology provides a new solution for coal mine garbage disposal. Through the introduction of blockchain technology, the comprehensive monitoring and transparent management of coal mine garbage disposal process are realized, and the treatment efficiency and credibility are significantly improved. Specifically, blockchain technology is used for data recording and traceability, ensuring the authenticity and traceability of garbage disposal information; The application of intelligent contract realizes the automation and intelligence of processing flow, reduces human intervention and improves processing efficiency; At the same time, combined with the incentive mechanism, the enthusiasm of all parties to participate in garbage disposal has been stimulated. In the future, blockchain technology will be integrated with other advanced technologies to promote the intelligence and efficiency of coal mine garbage disposal and contribute to environmental protection and sustainable development.

The Application of Blockchain Technology in the Financial Field

The Application of Blockchain Technology in the Financial Field

Analysis on Challenges and Improvements of Electronic Evidence Preservation on Blockchain in China

Technological innovation has always been a key factor in national development. Since moving into the Internet era, all walks of life have begun to explore ways to integrate with the Internet in order to achieve innovation and transformation, and the judicial field is no exception. In terms of the preservation of digital data, the judicial industry of China has combined with blockchain technology to make certain explorations and innovations. Blockchain technology was first widely used in the financial industry, but it can also play a unique role in the field of digital data’s storage and authentication, due to its decentralisation and tamper-proofing and other technical features. However, there are still some specific challenges in the practical application of blockchain technology in the judicial field of China. On the one hand, some traditional concepts are still deeply rooted, such as the reliance on the original rule and the notary system. On the other hand, there are some shortcomings of blockchain technology itself, when applying it to preserve electronic evidence. In order to solve these difficulties faced in practice, traditional concepts of electronic evidence should be transformed, and a decentralised proof model should be developed to eliminate the reliance on traditional identification procedures. At the same time, with a view to guaranteeing the integrity and diversity of the electronic evidence preserved in blockchain, there is a need to explore ways to optimise relevant complementing system and to broaden the forms of data that can be stored on blockchain.

Research on the Application of Blockchain Technology in Fast Response Supply Chain Finance Credit

Research on the Application of Blockchain Technology in Fast Response Supply Chain Finance Credit

Research Survey on Role of Blockchain Technology in Agriculture

Blockchain is a decentralized ledger technology where all the data and information can be stored and shared. They allow accessibility for every network users rather than just a single server and admin. The information in the database can then be accessed and validated by several parties, increasing security and lowering the risk of corruption. Traceability is made possible by blockchain's ability to store and manage data. This feature is used to help develop and execute solutions for index-based crop insurance and intelligent farming. It is an important advance in the fields of modern agriculture. Food safety in agriculture is ensured by blockchain applications in crop certification, information systems, agro-trade, financing, and traceability of origin, among other areas. It offers a trustworthy source of information regarding contracts, inventories, and farm conditions in agriculture, an industry where obtaining such data is frequently exceedingly expensive. Because food traceability can be tracked via blockchain technology, reliable food supply chains and consumer-producer trust can be established. It makes it easier to employ data-driven technology to improve farming because it is a reliable method of storing data. Additionally, when combined with smart contracts, it enables prompt payments between parties that may be brought about by modifications to data that appear in the blockchain. The applications of blockchain technology from a theoretical and practical standpoint in smart farming, food supply chains, agricultural insurance, and agricultural product transactions. With numerous current initiatives in various food items and food-related difficulties, blockchain is a promising technology towards a transparent food supply chain. However, there are still many obstacles and hurdles that prevent its greater appeal among farmers and systems. Technical issues, education, legislation, and regulatory frameworks are all involved in these challenges. Key words: Agriculture, Blockchain, Supply chain, Farming, Traceability

The Application of Blockchain in the Accounting Industry

Blockchain technology is one of the new information technologies, because of its consensus mechanism, distributed mechanism, smart contract and other technical characteristics, as well as non-forgery, open and transparent, traceability, whole-process traces, collective maintenance and other characteristics, has been widely concerned by various industries. Accounting is the language of business and a management information system that provides financial and accounting information. In today’s highly developed market economy, accounting plays an indispensable and important role. The in-depth application of blockchain technology in the accounting industry can promote the development of the accounting industry, but also can promote the integration of blockchain technology into the overall social and economic environment. This paper studies the application of blockchain technology in the accounting industry. “Luckin coffee financial fraud” events as examples, by analyzing the Luckin coffee event accounting problems, put forward the problems existing in the traditional way of accounting, and block chain technology used in comparing the advantage of the accounting profession, points out that block chain technology can solve the problem of some of the existing accounting, to perfect the accounting and internal control to provide a better strategy and scheme. At the same time, this paper also analyzes the risks existing in the application of blockchain technology in the accounting industry, and briefly puts forward several countermeasures. Finally, the development of block chain technology into the accounting industry is prospected. Blockchain technology not only promotes the development of traditional financial accounting, but also promotes the development of management accounting, and promotes the overall reform of the accounting industry.

Research on the Application of Blockchain Technology in Global Supply Chain Information Sharing — Enhancing Transparency and Collaboration

The globalization of trade and commerce has introduced complexities in supply chain management (SCM), necessitating effective information sharing for enhanced transparency and collaboration. Traditional SCM systems, characterized by centralized databases and intermediaries, often lead to inefficiencies and information silos. This paper explores the application of blockchain technology in SCM, highlighting its potential to address these challenges by providing a decentralized, immutable, and secure platform for information sharing. Through a comprehensive review of literature and analysis of case studies in the food, pharmaceutical, and retail industries, this study demonstrates how blockchain enhances transparency, traceability, and efficiency. The findings indicate significant improvements in key performance metrics such as transparency, cost reduction, and risk management post-blockchain implementation. However, the study also identifies several challenges, including scalability, integration with existing systems, and regulatory compliance. The practical implications for supply chain managers and businesses are discussed, emphasizing the need for collaborative efforts and supportive regulatory frameworks to fully realize the benefits of blockchain technology in SCM.

Research on Communication Network Security Based on Narrowband Internet of Things and Encryption Algorithms

With the rapid development of Internet of Things (IoT) technology, Narrowband IoT (NB-IoT) has been widely adopted in smart cities, smart homes, and industrial automation due to its low power consumption, wide coverage, low cost, and high reliability. However, the associated security issues have become a critical factor hindering its further development. This paper aims to explore the security challenges in NB-IoT communication networks using encryption algorithms. Through theoretical analysis and model construction, a comprehensive security solution is proposed. Initially, the paper reviews the fundamental principles and application scenarios of NB-IoT, analyzing the current challenges in network security, including data leakage, device tampering, and man-in-the-middle attacks. Subsequently, a security framework based on lightweight encryption algorithms is introduced, leveraging the strengths of both symmetric and asymmetric encryption to ensure security while reducing computational and communication overheads. Additionally, the application of blockchain technology in NB-IoT security is discussed, enhancing data credibility and system resilience against attacks through its decentralized nature. Theoretical derivations and simulation analyses confirm the effectiveness and feasibility of the proposed security framework. The results demonstrate that this framework significantly enhances the security performance of NB-IoT networks, providing theoretical support and practical guidance for the secure development of IoT.