Integration Of Blockchain Technology Research Articles

Navigating the Integration of Blockchain Technology in Banking: Opportunities and Challenges

Integrating blockchain technology within the banking sector represents a pivotal transformation, promising enhanced security, transparency, and efficiency in financial operations. This qualitative research employs a systematic review approach to investigate the current state, challenges, and prospects of blockchain adoption in banking, drawing insights from a comprehensive analysis of scholarly literature. Through a systematic search and review of relevant academic journals, conference papers, books, and reports, this study explores critical variables such as security, transparency, efficiency, challenges, opportunities, and impact associated with blockchain adoption in banking. Thematic analysis is the primary methodological approach to identify recurring themes, patterns, and relationships across literature, facilitating a nuanced understanding of blockchain's implications for banking operations. The findings reveal a dual nature of blockchain adoption in banking, highlighting significant opportunities alongside critical challenges. While blockchain technology offers enhanced security, transparency, and efficiency, challenges like scalability issues, regulatory uncertainties, and interoperability concerns persist. Nonetheless, the study underscores the transformative potential of blockchain in revolutionizing banking operations, urging policymakers and banking practitioners to address these challenges through continued research, technological innovation, and collaborative efforts. By leveraging blockchain effectively, the banking industry can navigate the digital landscape, enhance operational efficiency, and deliver superior customer experiences, thereby gaining a competitive edge in the financial sector

The role of blockchain to secure internet of medical things

This study explores integrating blockchain technology into the Internet of Medical Things (IoMT) to address security and privacy challenges. Blockchain’s transparency, confidentiality, and decentralization offer significant potential benefits in the healthcare domain. The research examines various blockchain components, layers, and protocols, highlighting their role in IoMT. It also explores IoMT applications, security challenges, and methods for integrating blockchain to enhance security. Blockchain integration can be vital in securing and managing this data while preserving patient privacy. It also opens up new possibilities in healthcare, medical research, and data management. The results provide a practical approach to handling a large amount of data from IoMT devices. This strategy makes effective use of data resource fragmentation and encryption techniques. It is essential to have well-defined standards and norms, especially in the healthcare sector, where upholding safety and protecting the confidentiality of information are critical. These results illustrate that it is essential to follow standards like HIPAA, and blockchain technology can help ensure these criteria are met. Furthermore, the study explores the potential benefits of blockchain technology for enhancing inter-system communication in the healthcare industry while maintaining patient privacy protection. The results highlight the effectiveness of blockchain’s consistency and cryptographic techniques in combining identity management and healthcare data protection, protecting patient privacy and data integrity. Blockchain is an unchangeable distributed ledger system. In short, the paper provides important insights into how blockchain technology may transform the healthcare industry by effectively addressing significant challenges and generating legal, safe, and interoperable solutions. Researchers, doctors, and graduate students are the audience for our paper.

Quantinar: a blockchain peer-to-peer ecosystem for modern data analytics

AbstractThe power of data and correct statistical analysis has never been more prevalent. Academics and practitioners require nowadays an accurate application of quantitative methods. Yet many branches are subject to a crisis of integrity, which is shown in an improper use of statistical models, p-hacking, HARKing, or failure to replicate results. We propose the use of a Peer-to-Peer (P2P) ecosystem based on a blockchain network, Quantinar, to support quantitative analytics knowledge paired with code in the form of Quantlets or software snippets. The integration of blockchain technology allows Quantinar to ensure fully transparent and reproducible scientific research.

IMPROVING SEAL VERIFICATION SECURITY AND TRANSPARENCY USING BLOCKCHAIN TECHNOLOGY

In recent years, the security and transparency of seal verification processes have become increasingly important, especially in the context of digital transactions and document authentication. This paper explores the potential of blockchain technology to enhance the security and transparency of seal verification processes. By leveraging the decentralized and immutable nature of blockchain, seal verification can be made more secure, tamper-proof, and transparent. This paper provides a detailed analysis of the key factors influencing the implementation of blockchain technology in seal verification processes, with a focus on enhancing security and transparency. The study also examines the challenges and limitations associated with the integration of blockchain technology in seal verification and proposes potential solutions to overcome these obstacles. The findings of this research highlight the significant benefits of using blockchain technology in seal verification, including improved security, enhanced transparency, and increased trust in digital transactions and document authentication.

Integrating Blockchain technology within an Information Ecosystem

ContextBlockchain-based Information Ecosystems (BBIEs) are a type of information ecosystem in which blockchain technology is used to provide a trust mechanism among parties and to manage shared business logic, breaking the traditional scheme of Information Ecosystems dominated by a leading company and leveraging the decentralization of data management, information flow, and business logic. ObjectiveIn this paper, we propose architecture and technical aspects concerning creating a BBIE, underlining the advantages supplied and the logic decomposition among the business and storage components. MethodThe requirements are derived from the current needs of the collaborative business and the data collected by surveying practitioners. To get these needs we followed the Grounded Theory research approach. We validate our architectural schema against a case study on managing a wine supply chain–involving different companies and supervision authorities. ResultsThe proposed solution integrates blockchain-based applications with the existing information system as a module of the ecosystem, leveraging on the low costs, scalability, and high-level security because of the restricted access to the network. ConclusionWe must go a long way in deepening and refining the possibilities offered by technology in supporting innovative multi-organizational business models. BBIEs can contribute substantially to paving the way in such a direction.

A blockchain-based solution for transparent intellectual property rights management: smart contracts as enablers

PurposeThe purpose of this study is to address the limitations of traditional methods for managing intellectual property rights (IPRs) by proposing a blockchain-based solution. By leveraging blockchain technology and smart contracts, the aim is to create a comprehensive ecosystem that offers advantages such as reduced transaction costs, improved transparency, enhanced security and increased liquidity levels for IP assets.Design/methodology/approachThis paper proposes using blockchain technology to manage intellectual property rights (IPRs) through a smart contract-based ecosystem. It outlines the use of non-fungible tokens (NFTs) on the blockchain to represent IPRs, with smart contracts automating interactions and encoding rules for various processes such as applications, licensing, transfers and royalty distribution. Governance mechanisms, such as decentralized autonomous organizations (DAOs), are employed to allow stakeholders to propose and vote on contract changes, ensuring adaptability. This approach aims to streamline IPR workflows, reduce transaction costs, improve transparency and enhance security.FindingsThe findings of this study suggest that implementing a blockchain-based ecosystem for managing intellectual property rights (IPRs) can lead to various benefits. These include reduced transaction costs, improved transparency, enhanced security, increased liquidity levels for IP assets and streamlined automated processes. The use of non-fungible tokens (NFTs) on the blockchain allows for detailed management, valuation and trading of IPRs. Furthermore, simulation results demonstrate the robustness and efficiency of our proposed ecosystem, outperforming traditional IP management systems in terms of transaction speed and cost-effectiveness. These simulations highlight the practical viability of integrating blockchain technology into IP management workflows.Practical implicationsThe practical implications of adopting this blockchain-based ecosystem for managing intellectual property rights (IPRs) are significant. By streamlining processes, reducing transaction costs and improving transparency and security, organizations can expedite the protection and commercialization of their IP assets. Additionally, the increased liquidity levels and accessibility of IP assets to investors and financiers can spur innovation and economic growth.Originality/valueThis paper contributes to the field by proposing a novel approach to managing intellectual property rights (IPRs) using blockchain technology and smart contracts. By leveraging non-fungible tokens (NFTs) on the blockchain, the proposed ecosystem offers a more efficient and transparent way of managing IPRs, reducing reliance on costly and opaque traditional methods. The potential benefits include improved efficiency, transparency, security and collaboration in the management and commercialization of IPRs.

Blockchain and AI: Driving the future of data security and business intelligence

The integration of Blockchain technology and Artificial Intelligence (AI) is revolutionizing data management and business intelligence. Blockchain, with its decentralized, immutable ledger, ensures data integrity and security, while AI enhances data analysis through advanced algorithms and predictive capabilities. This article explores the synergy between these two transformative technologies, examining how their combined strengths can address modern challenges in data security and business operations. The paper begins with an overview of Blockchain and AI, detailing their foundational principles and recent advancements. It then delves into their applications in enhancing data security, highlighting Blockchain's role in providing encryption and immutability and AI's capabilities in threat detection and response. The discussion extends to their impact on business intelligence, showcasing how Blockchain contributes to transparent and verifiable data, while AI drives advanced analytics and decision-making. Real-world case studies illustrate successful implementations of Blockchain and AI integration, demonstrating their potential to revolutionize various industries. The article also addresses technical challenges, privacy concerns, and regulatory issues associated with these technologies. Finally, it outlines future directions for research and innovation, emphasizing the need for continued exploration of their combined potential. By providing a comprehensive analysis of Blockchain and AI's transformative impact, this article aims to offer valuable insights for researchers, practitioners, and policymakers seeking to leverage these technologies for improved data security and business intelligence.

Crowdfunding Real Estate Investments Using Ethereum Smart Contracts and Tokenization

This research paper explores the Ethereum blockchain technology in revolutionizing real estate investment through crowdfunding. Traditional real estate markets face challenges in liquidity, accessibility, and transparency, which this study addresses by proposing a blockchain-based solution. The research examines the implementation of a system utilizing Ethereum smart contracts, Initial Coin Offerings (ICOs), and ERC20 tokens to enable fractional property ownership and automate investment processes. The study employs a technical stack comprising Vue.js for the front-end, Solidity for smart contract development, and the Truffle framework for deployment. Ethereum serves as the blockchain platform, with Ganache-CLI used for local testing. The system incorporates MetaMask for wallet management and Stripe for fiat currency processing, demonstrating a comprehensive approach to integrating blockchain technology with existing financial systems. Through detailed implementation and analysis, this paper provides insights into the practical applications and challenges of blockchain in real estate crowdfunding. The findings suggest that while this technology offers promising solutions to longstanding issues in real estate investment, considerations around scalability, regulatory compliance, and user adoption remain critical [4]. Keywords: Blockchain, Ethereum, Smart Contracts, Crowdfunding Real Estate Tokenization, ERC-20 Tokens, Initial Coin Offering (ICO), Fractional Ownership, Liquidity, Transparency, Ganache, Remix IDE, MetaMask, Solidity, Truffle Framework.

Integrating Blockchain as a Service (BaaS) for BioEnerNet in the Internet of Things (IoT) landscape

The BioEnerNet project aims to revolutionize the bio energy sector by integrating blockchain technology through a Blockchain as a Service (BaaS) model. This paper explores the potential of implementing a BaaS framework in BioEnerNet to create a sustainable bio energy network. By leveraging blockchain technology, BioEnerNet can enhance transparency, security, and efficiency in energy transactions, paving the way for a more sustainable and decentralized bio energy ecosystem. This abstract sets the stage for a detailed examination of the BioEnerNet - BaaS framework and its implications for the future of bio energy networks.

The integration of blockchain technology and artificial intelligence: Innovation, challenges, and future prospects

The integration of blockchain technology and artificial intelligence: Innovation, challenges, and future prospects

Transformative Trends: Exploring the Nexus of Innovation, Technology, Blockchain, and Islamic Social Finance for Global Sustainability

Global sustainability is a growing concern, with the Islamic finance system playing a pivotal role in this process. The integration of blockchain technology, a technology that enhances transparency, efficiency, and security, is being explored in the context of Islamic social finance. The study, which combines literature review, case study, and industry expert interviews, highlights the potential of blockchain to revolutionize zakat management, waqf, and sadaqa processes, contributing to global sustainability by promoting fair transactions, wealth distribution, and socioeconomic empowerment. The case study of iBantu's collaboration with the Hidayatullah organization in Indonesia exemplifies the practical application of blockchain in digital philanthropy. The study emphasizes the importance of user-friendly, scalable, and interoperable blockchain solutions for widespread adoption and sustainability. The findings offer valuable insights for policymakers, businesses, and practitioners, suggesting strategic interventions to foster sustainable innovation. By integrating blockchain technology into regulatory frameworks and operations, Islamic social finance institutions can significantly contribute to achieving the Sustainable Development Goals while promoting environmental responsibility and socioeconomic development.

Enhancing sustainability in electric mobility: Exploring blockchain applications for secure EV charging and energy management

The global shift towards reducing carbon emissions has spurred a growing interest in electric vehicles (EVs) over traditional fossil fuel-based internal combustion engines. Concurrently, blockchain technology has emerged as a transformative solution across various sectors, characterized by its decentralized database and distributed ledger. Its notable attributes, including transparency, immutability, traceability, security, auditability, and authenticity, have led major companies to recognize its potential integration into the EV sector. As a result, there has been a steady increase in case studies and research initiatives exploring blockchain applications in EVs. This article provides a detailed overview of the use of blockchain in the EV domain, focusing on the challenges and applications in four key areas: EV charging infrastructure, energy trading, supply chain management, and energy management. Initially, the basic concepts of blockchain technology are briefly explained, followed by its applications in different fields. The study presents the opportunities and crucial requirements for implementing blockchain technology for secure energy trading, charging, energy management, and supply chain operations. While blockchain can improve security and efficiency in the EV domain, it remains vulnerable to various attacks. This article explores these attacks and other potential challenges in integrating blockchain technology in the EV sector. The main findings of this rEView provide insights into the importance of blockchain in the EV sector and underscore the need to overcome existing challenges for the widespread adoption of this technology in the near future.

Transforming Education with Blockchain Technology: Enhancing Security, Transparency, and Credential Verification

Blockchain technology has emerged as a powerful tool for enhancing transparency, security, efficiency, and inclusivity in record-keeping, credentialing, and educational transactions in the digital age. This paper aims to highlight the potential benefits and challenges of integrating blockchain technology into educational environments, emphasizing security, transparency, and credential verification as key areas of focus. Blockchain technology offers transformative potential in the field of education, particularly in credential and certification processes, providing secure, transparent, and globally accessible solutions for verifying academic achievements and professional skills. As blockchain technology continues to evolve, further advancements and case studies specific to enhancing privacy in educational processes are expected to emerge, addressing the unique challenges and regulatory requirements associated with handling sensitive educational data. Further R&D in blockchain technology within the education sector holds promise for addressing existing challenges, unlocking new opportunities, and advancing the capabilities of educational institutions worldwide.

Integrating NFTs into Feminist Art Practices: Actualizing the Disruptive Potential of Decentralized Technology

The integration of NFT technology into the art market utilizes a two-pronged approach of decentralization and increased accessibility as an equalizing answer to rectify gender discrepancies in the contemporary art world. This is not the first time that technology as an art medium has been used as a feminist tool to disrupt the previously established status quo. Through the exploration of the 1990’s Cyberfeminist Net Art Movement, this article will discuss how female-identifying artists employ technological characteristics such as anonymity and online gender masquerading to answer the exclusionary issues affecting their art practices. Furthermore, it will examine how NFTs work to build upon the previously established revolutionary movement of the 1990s to evolve the contemporary art practices of feminist artists. Additionally, this article will address the impacts of this new digital landscape, where anonymity is preferred and algorithmic ordering is non-existent, as a more pragmatic way of creating, selling, and buying art. Finally, this article will examine how the integration of blockchain technology—entirely machine-operated and free from human manipulation—aims to eliminate the human biases of identifying factors such as gender that can be concealed or fabricated when operating in an online sphere.

Analysis of the Impact of Blockchain Technology Adoption on Operational Efficiency and Consumer Trust in Digital Business

This research intends to assess the influence of blockchain technology adoption on operational efficiency and consumer trust in digital enterprises. Blockchain technology, with its decentralized, transparent and safe properties, is predicted to have a favorable impact on several elements of business operations and boost consumer trust. The research method employed is a quantitative approach by collecting data through surveys and interviews with organizations that have incorporated blockchain technology. Data analysis was carried out using descriptive and inferential statistical techniques to test the stated hypotheses. The research results demonstrate that the deployment of blockchain technology greatly boosts operational efficiency, particularly in terms of reduced transaction costs, increased processing speed, and reduced operational errors. Apart from that, customer confidence has also improved dramatically, notably in areas of openness, security and data protection. These findings demonstrate that blockchain technology not only contributes to enhancing the operational performance of enterprises, but also boosting the trust relationship between firms and consumers. The conclusion of this study is that the implementation of blockchain technology has a considerable positive influence on operational efficiency and consumer trust in digital enterprises. Therefore, organizations working in the digital ecosystem are recommended to explore integrating blockchain technology as a strategy to boost competitiveness and consumer trust.

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.

Plastic Surgery and Cryptocurrency: A 2024 Update.

Cryptocurrency offers a decentralized alternative to traditional financial systems, facilitating peer-to-peer transactions with minimal fees and heightened security. It also transformed into a financial asset similar to gold. Despite its volatile valuation, recent developments, such as the approval of Bitcoin exchange-traded funds by the Securities and Exchange Commission, underscore its evolving role as an investment opportunity. Plastic surgery has increasingly embraced cryptocurrency as a form of payment, leveraging its speed, security, and privacy benefits. However, alongside its potential advantages, risks such as volatility, irreversibility of transactions, and regulatory uncertainties warrant careful consideration. Moving forward, the integration of blockchain technology and cryptocurrency is poised to revolutionize various aspects of plastic surgery, from patient privacy to postoperative monitoring devices, necessitating a proactive approach from surgeons to navigate this evolving landscape. This article explores the intersection of cryptocurrency and plastic surgery, delving into its current applications, risks, investment potential, and future prospects.

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.

Integrating Blockchain Technology with Telematics for Secure and Transparent Data Sharing in Supply Chain Management

Integrating Blockchain Technology with Telematics for Secure and Transparent Data Sharing in Supply Chain Management

Integration of Blockchain Technology in Education Financial Management for Transparency and Accountability

The education system requires transparent and accountable financial management to ensure efficiency, fairness and sustainability. However, there are still many challenges in achieving this, especially related to limited transparency and reliability of financial data. Blockchain technology offers the potential to increase transparency and accountability in educational financial management by providing proof of authentication and an immutable track record. This research aims to explore the potential for integrating blockchain technology in educational financial management to increase transparency and accountability. Researchers also aim to analyze its impact on efficiency and fairness in the education system. This research method uses a qualitative approach with literature study and case analysis. Researchers analyzed literature related to blockchain technology in the context of educational financial management, and collected data from case studies of blockchain technology implementation in educational institutions that have adopted it. The research results show that the integration of blockchain technology in educational financial management can increase transparency and accountability by providing immutable proof of authentication for every financial transaction. In addition, the use of blockchain technology can increase the efficiency of financial administration processes and minimize the risk of fraud or data manipulation. The conclusion of this research is that the integration of blockchain technology in educational financial management has great potential to increase transparency, accountability and efficiency in the education system. However, challenges related to infrastructure availability and technical understanding need to be overcome to optimize its benefits. Therefore, strategic and collaborative steps from related parties are needed to encourage widespread adoption of this technology in educational financial management.