Block Chain Platforms and Smart Contracts

Negi, Dakshita; Sah, Anushree; Rawat, Saurabh; Choudhury, Tanupriya; Khanna, Abhirup

doi:10.1007/978-3-030-65691-1_5

Cited by 15 publications

(5 citation statements)

References 24 publications

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“…Another feature of blockchain that provides trust in a blockchain-backed supply chain is "smart contracts" that can be executed with suppliers and contractors. A smart contract is a digital contract that is stored in a blockchain network that is automatically executed when predefined contractual obligations are satisfied [42]. It is primarily used to automate the execution of agreement quickly between the participants without involving an intermediatory.…”

Section: Building Trust In Supply Chainmentioning

confidence: 99%

Influence of Blockchain Technology in Manufacturing Supply Chain and Logistics

Santhi¹,

Muthuswamy²

2022

Logistics

149

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Background: Blockchain is a digitally managed, distributed, and decentralized ledger used to record transactions in an immutable format. Its characteristics in providing trust, transparency, and traceability make it attractive for applications where transactions are involved. Originally intended to support financial transactions, the technology has gained attention even in non-financial sectors such as health care, manufacturing, retail, and government services. Methods: For centuries, the various functions of manufacturing industries have worked based on the relationship and trust that they have with their upstream and downstream stakeholders. In addition, as the conventional factories are growing into giant gigafactories, the participation of several intermediaries further complicates the supply chain and logistics operations. Hence, the article aims to provide a comprehensive overview of the role of blockchain technology in addressing supply chain and logistics-related challenges by analyzing, organizing, and reviewing the literature. Results: The study shows that blockchain technology can transform the supply chain and logistics into secure, agile, trusted, and transparent functions. A conceptualized application scenario demonstrates the benefits of blockchain technology in providing provenance and traceability to critical products. Conclusions: In particular, a private or permissioned blockchain is suitable for multi-organizational businesses such as supply chain and logistics. In addition, IoT-blockchain integration, smart contracts, and asset tracking has immense benefits in the future.

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Section: Building Trust In Supply Chainmentioning

confidence: 99%

Influence of Blockchain Technology in Manufacturing Supply Chain and Logistics

Santhi¹,

Muthuswamy²

2022

Logistics

149

View full text Add to dashboard Cite

show abstract

“…It provides helpful, on-request admittance to tremendous processing assets such as CPU, memory, organization, worker, stockpiling, and applications. Moreover, these assets are frequently allotted to clients with the lowest assistance charge [ 3 ]. Cloud Computing is a new trend in information technology that is gaining a lot of attention from researchers.…”

Section: Cloud Computing and Deployment Modelsmentioning

confidence: 99%

Blockchain–Cloud Integration: A Survey

Khanna

Sah

Bolshev

et al. 2022

Sensors

Self Cite

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Over the last couple of years, Blockchain technology has emerged as a game-changer for various industry domains, ranging from FinTech and the supply chain to healthcare and education, thereby enabling them to meet the competitive market demands and end-user requirements. Blockchain technology gained its popularity after the massive success of Bitcoin, of which it constitutes the backbone technology. While blockchain is still emerging and finding its foothold across domains, Cloud computing is comparatively well defined and established. Organizations such as Amazon, IBM, Google, and Microsoft have extensively invested in Cloud and continue to provide a plethora of related services to a wide range of customers. The pay-per-use policy and easy access to resources are some of the biggest advantages of Cloud, but it continues to face challenges like data security, compliance, interoperability, and data management. In this article, we present the advantages of integrating Cloud and blockchain technology along with applications of Blockchain-as-a-Service. The article presents itself with a detailed survey illustrating recent works combining the amalgamation of both technologies. The survey also talks about blockchain–cloud services being offered by existing Cloud Service providers.

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“…It relishes the advantages of both private and public Blockchain. It becomes a hybrid Blockchain if an organization wants to deploy the best of both public and private Blockchains [65]. Since there is no single power overseeing the control, it keeps up with the decentralized nature of the Blockchain.…”

Section: Types Of Blockchiansmentioning

confidence: 99%

Blockchain: Future of e-Governance in Smart Cities

et al. 2021

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In recent times, Blockchain has emerged as a transformational technology with the ability to disrupt and evolve multiple domains. As a decentralized, immutable distributed ledger, Blockchain technology is one of the most recent entrants to the comprehensive ideology of Smart Cities. The rise of urbanization and increased citizen participation have led to various technology integrations in our present-day cities. For cities to become smart, we need standard frameworks and procedures for integrating technology, citizens and governments. In this paper, we explore the potential of Blockchain technology as an enabler for e-governance in smart cities. We examine the daily challenges of citizens and compare them with the benefits being offered by Blockchain integration. On the basis of a comprehensive literature review, we identified four key areas of e-governance wherein Blockchain can provide monumental advantages. In the context of Blockchain integration for e-governance, the paper presents a survey of prominent published works discussing various urban applications.

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Block Chain Platforms and Smart Contracts

Cited by 15 publications

References 24 publications

Influence of Blockchain Technology in Manufacturing Supply Chain and Logistics

Influence of Blockchain Technology in Manufacturing Supply Chain and Logistics

Blockchain–Cloud Integration: A Survey

Blockchain: Future of e-Governance in Smart Cities

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