Proceedings of the ACM Workshop on Blockchain, Cryptocurrencies and Contracts 2017
DOI: 10.1145/3055518.3055529
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Cited by 19 publications
(10 citation statements)
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“…Owing to asymmetric encryption algorithms and hash functions, blockchain ensures that information recorded on the chain is immutable. This feature can prevent some fraudulent behaviors, which facilitates trust building among stakeholders and enables leveraging the highest potential of SCF [44]. Among the various functions of blockchain technology, the convenient information sharing, automatic transaction execution, and simplification of manual processes also improves business efficiency in SCF.…”
Section: Drivers Of Blockchain Adoptionmentioning
confidence: 99%
See 1 more Smart Citation
“…Owing to asymmetric encryption algorithms and hash functions, blockchain ensures that information recorded on the chain is immutable. This feature can prevent some fraudulent behaviors, which facilitates trust building among stakeholders and enables leveraging the highest potential of SCF [44]. Among the various functions of blockchain technology, the convenient information sharing, automatic transaction execution, and simplification of manual processes also improves business efficiency in SCF.…”
Section: Drivers Of Blockchain Adoptionmentioning
confidence: 99%
“…On the one hand, credits can be delivered to SMEs from focal enterprises along the supply chain [15,16]. On the other hand, the authenticity of transactions can be verified, and fraudulent financing behaviors, such as double financing, can be avoided through a blockchain-based SCF platform [15,16,38,44]. Therefore, a large number of lower-tier suppliers and retailers can be financed by SCF providers.…”
Section: Risk Management Of Blockchain Operations In Scfmentioning
confidence: 99%
“…All the users of the system can check that each new block in a chain is substantial by methods for cryptographic hashing, while the legitimacy of every resource exchange depends on the generally utilized open key encryption model [16]. The decentralized idea of blockchain empowers applications to work without the need of outsiders [17]. The innovation has besides developed from supporting just straightforward resource exchanges to having the option to run code that actualizes progressively complex standards for completing the users tasks.…”
Section: Figure 3 Resource Allocation Updating Processmentioning
confidence: 99%
“…] * h = hash function audit trails, it attracts adoption in various business fields. Served as a trusted verification source, blockchain is applied to improve effectiveness in current banking systems [16][17][18], health insurance [19], supply chain management [20], and right management on digital content sharing platforms [21,22]. Despite the aforementioned benefits, blockchain encounters two major challenges which are privacy and performance.…”
Section: H[h (A) || H (B)] H [ H (C) || H (D)] H[h[h (A) || H (B)] || H[h (C) || H (D)]mentioning
confidence: 99%