Blockchain Transforms the Retail Level by Using a Supply chain Rules and Regulation

Latif, Rana M. Amir; Shah, Syed Nasir; Iqbal, Samar; Farhan, Muhammad; Rizwan, Osama; Ijaz, Farah

doi:10.1109/c-code.2019.8681027

Cited by 6 publications

(1 citation statement)

References 5 publications

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“…• Chain Management: Blockchain-enabled mobile applications can support transparent and unchangeable product tracking. These applications are suitable for larger and more complex supply networks due to improvements in scalability, which enable them to handle massive volumes of data generated in the supply chain [125].…”

Section: A Scalability Approachesmentioning

confidence: 99%

Mobile Smart Contracts: Exploring Scalability Challenges and Consensus Mechanisms

Deval,

Dwivedi,

Dixit

et al. 2024

IEEE Access

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Mobile smart contracts (MSCs) are essential to facilitate quick, safe, and decentralized transactions on mobile blockchain networks. Scalable blockchain solutions facilitate the establishment of a mobile blockchain ecosystem characterized by enhanced resilience and adaptability. This encourages an increase in the number of users and, thus, spreads the adoption of blockchain technology in the mobile domain. With the inception of blockchain technology, a wide range of applications use smart contracts due to their high customizability. However, problems with scalability and resource-intensive consensus procedures prevent their general use. Therefore, by conducting a systematic survey using Kitchenham's guidelines of available scalable blockchains and consensus methods, this work seeks to identify and analyze these constraints. Out of a preliminary pool of 2,073 publications, our study, which consists of 25 selected studies, identifies 12 consensus mechanisms and 13 scalable blockchain systems. Our investigation shows that, despite the wide range of techniques, no existing blockchain solution provides the scalability and lightweight operating requirements to implement smart contracts on mobile devices. This realization draws attention to a significant gap in academic and industry-driven blockchain research that may have implications for the creation of MSCs. Our findings encourage academics to explore scalable and energy-efficient blockchain technology, targeting the creation of more approachable smart contracts designed with mobile devices in mind.INDEX TERMS Blockchain, smart contract, scalability, consensus mechanism, proof-of-stake, proof-of-Work I. INTRODUCTIONT HE aim of this study is real-world impacts on Web3 adoption by mobile device users, where Web3 mobile adoption is critical to its success. Recently, Web3 has gained tremendous attention, and following major analysts such as Gartner [1] and Harvard Business Review [2], [3], [4], it will stay with us in the future. The Web3 vision takes blockchain to the next level by making disintermediation ubiquitous -establishing disintermediation not only for basic payments but also for a wide range of financial services, digital identities, data, and business models [5], [6]. As such, Web3 consolidates and integrates the fragmented landscape of specific blockchain visions expressed in the many initial coin offerings (ICO) that we have seen over the past decade. According to Jin and Parrot, ''Web3 is our chance to make a better Internet'' [3] by making Web3 ''owned and operated by its users'' [3]. However, a critical success factor for Web3 to take off is its acceptance by users of mobile devices. According to the International Telecommunications Union (ITU), in 2022, ''mobile continues to dominate as the platform of choice for online access'' [7] and "Internet use is becoming as ubiquitous as mobile phones" [7].

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Section: A Scalability Approachesmentioning

confidence: 99%

Mobile Smart Contracts: Exploring Scalability Challenges and Consensus Mechanisms

Deval,

Dwivedi,

Dixit

et al. 2024

IEEE Access

View full text Add to dashboard Cite

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A review on blockchain smart contracts in the agri-food industry: Current state, application challenges and future trends

Peng

Zhao

Wang

et al. 2023

Computers and Electronics in Agriculture

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Factors impacting digital transformations of the food industry by adoption of blockchain technology

Dehghani

Popova

Gheitanchi³

2021

JBIM

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Purpose This study aims to blockchain facilitate information sharing among different players in the food industry, such as farmers, food suppliers and investors, enabling an effective decision-making process where the information about goods is traceable without any inherent risk. Although blockchain technology is emerging, its use in the food industry needs to be explored from different angles, such as organizations’ policy, adoption strategies and potential technology innovations which could positively impact business processes. Design/methodology/approach For this purpose, the authors survey 84 organizations in the food industry. Further, the authors conducted in-depth- interviews with three organizations that applied blockchain technology in the production phase to address the pros and cons of this adaption and discuss how the technology could be improved based on the challenges they faced. Moreover, an overview of current and potential digital transformation uses cases of blockchain technology in the food industry has been provided. Findings The results suggested that perceived efficiency, transparency, standardization and platform development and traceability factors positively influenced intention to use (ITU). Practical implications The adoption of the blockchain cloud solution is neither time-consuming nor expensive; organizations may attempt to predict how regulations or standards will be developed to create a blockchain solution compatible with them. Originality/value This study is among the primary studies investigating the role of blockchain technology in the food sector from the organizations’ viewpoint, highlighting the factors influencing the ITU.

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Blockchain Transforms the Retail Level by Using a Supply chain Rules and Regulation

Cited by 6 publications

References 5 publications

Mobile Smart Contracts: Exploring Scalability Challenges and Consensus Mechanisms

Mobile Smart Contracts: Exploring Scalability Challenges and Consensus Mechanisms

A review on blockchain smart contracts in the agri-food industry: Current state, application challenges and future trends

Factors impacting digital transformations of the food industry by adoption of blockchain technology

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