A Comprehensive Survey on Blockchain and Cryptocurrency Technologies: Approaches, Challenges, and Opportunities

Jothi, K.; Manoj, Sumitha

doi:10.1007/978-3-030-77637-4_1

Cited by 5 publications

(4 citation statements)

References 15 publications

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“…For a better understanding, the obstacles and issues identified in numerous works of literature are discussed. The discovered gaps in the research and probable future work paths are also presented in forecasting the importance of value for researchers and academics based on the review (Jothi and Oswalt Manoj 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Factors Influencing Cryptocurrency Adoption in Georgia

Dilanchiev¹,

Chikvaidze²,

Mercan³

2023

JOB

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Georgia is top of the list due to its tax restrictions on cryptocurrency mining activities. Furthermore, the overall costs of running a mining operation are substantially lower in Georgia. as Georgia takes place as the third biggest mining country in the world. The goal of this paper is to fill a deficiency in the existing literature that examines the present level of cryptocurrency acceptance, and adoption-influencing factors, offering an in-depth interpretation of these aspects and outlining certain problems associated with cryptocurrency adoption in Georgia. This study employs a quantitative approach, a total of 175 people did take part in the poll (out of 200 questionnaire respondents). The survey was held in a hybrid manner, with the questionnaire being distributed in April and May 2022 in various cryptocurrency-selling locations throughout Tbilisi, the capital of Georgia. A structural equation model was applied in the paper (SEM). The findings of the study confirm that the measurement items and constructs in the proposed model are reliable and valid. The result of the study found that there is a positive relationship between future reward, innovativeness, knowledge, and cryptocurrency adoption. Furthermore, it was found that innovativeness is significant as a mediator between future rewards and cryptocurrency adoption.

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Section: Literature Reviewmentioning

confidence: 99%

Factors Influencing Cryptocurrency Adoption in Georgia

Dilanchiev¹,

Chikvaidze²,

Mercan³

2023

JOB

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“…The advancements in blockchain technology, specifically the concept and implementation of Non-Fungible Tokens (NFT) into digital commerce, the development of deep learning intelligence to integrate advance technologies into industrial processes, the use of augmented reality (AR) as potential tool for the development and enhancement of smart manufacturing process, have emerged as a new horizon for the development of IR 4.0 [3]. Moreover, the idea of NFT as a form of digital assets that employ blockchain technology for authentication, identification and can enhance the manufacturing process with its traceability and transparency aspects [4].…”

Section: Introductionmentioning

confidence: 99%

Non-Fungible Token based Smart Manufacturing to scale Industry 4.0 by using Augmented Reality, Deep Learning and Industrial Internet of Things

Ahmed Khan,

Abubakar Ibrahim

2023

IJPCC

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The recent revolution in Industry 4.0 (IR 4.0) has characterized the integration of advance technologies to bring the fourth industrial revolution to scale the manufacturing landscape. There are different key drivers for this revolution, in this research we have explored the following among them such as, Industrial Internet of Things (IIoT), Deep Learning, Blockchain and Augmented Reality. The emerging concept from blockchain namely “Non-Fungible Token” (NFT) relating to the uniqueness of digital assets has vast potential to be considered for physical assets identification and authentication in the IR 4.0 scenario. Similarly, the data acquired through the deployment of IIoT devices and sensors into smart industry spectrum can be transformed to generated robust analytics for different industry use-cases. The predictive maintenance is a major scenario in which early equipment failure detection using deep learning model on acquired data from IIoT devices has major potential for it. Similarly, the augmented reality can be able to provide real-time visualization within the factory environment to gather real-time insight and analytics from the physical equipment for different purposes. This research initially conducted a survey to analyse the existing developments in these domains of technologies to further widen its horizon for this research. This research developed and deployed a smart contract into an ethereum blockchain environment to simulate the use-case for NFT for physical assets and processes synchronization. The next phase was deploying deep learning algorithms on a dataset having data generated from IIoT devices and sensors. The Feedforward and Convolutional Neural Network were used to classify the target variables in relation with predictive maintenance failure analysis. Lastly, the research also proposed an AR based framework for the visualization ecosystem within the industry environment to effectively visualize and monitory IIoT based equipment’s for different industrial use-cases i.e., monitoring, inspection, quality assurance.

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“…Accordingly, non-regulation states that the currency is not in a structure that is regulated by any central bank, government or similar official institution, while having a digital format means that money does not need to be represented theoretically by any physical material. (Plassaras, 2013) Although it does not need any central authority for printing, it does not need the presence of a commercial bank for storage and an electronic money transfer company for its transfer (Jothi & Oswalt, 2022).…”

Section: Introductionmentioning

confidence: 99%

Bitcoin Economy: Cryptocurrency Ecosystem Analysis and Long-Term Projections

Cooper

2022

IJSOC

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Bitcoin is an innovative digital currency that came out in 2009 and prepared the scene afterwards for numberless cryptocurrencies to circulate in the market. Bitcoin had become an asset used by more individual thanks to its market capitalization, increasing number and volume of transactions day by day and more stabilized market price in this period. Technically, Bitcoin uses an infrastructure called block-chain that includes all transaction logs and let the user to confirm the validity of these transactions. In financial terms, Bitcoin is an asset that has regular fiat money functions such as being a medium of exchange, measure of value, standard of deferred payment and store of value in some way. At the same time, Bitcoin constitutes a new economy consisting mining firms in the process of minting new currencies, e-wallet applications that keeps the currency securely in individual and institutional accounts, financial services that focus on technical infrastructure and/or provide technical analysis service on market value, exchange markets that serves as a market that ensures the exchange transactions and trades, payment processors that allow usage of the currency as medium of payment in purchase and sale processes and lastly firms that operates at least two of these sub-sectors or more. This new economy brought along new opportunities and has been attracted the venture capital to itself. This study aims to acquaint about Bitcoin and the related new economy formed by sub-sectors. This study therewithal intends to develop a perspective about the future of this new economy and might serve as a premise study for forthcoming researches.

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A Comprehensive Survey on Blockchain and Cryptocurrency Technologies: Approaches, Challenges, and Opportunities

Cited by 5 publications

References 15 publications

Factors Influencing Cryptocurrency Adoption in Georgia

Factors Influencing Cryptocurrency Adoption in Georgia

Non-Fungible Token based Smart Manufacturing to scale Industry 4.0 by using Augmented Reality, Deep Learning and Industrial Internet of Things

Bitcoin Economy: Cryptocurrency Ecosystem Analysis and Long-Term Projections

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