Distributed Ledger and Blockchain Technology: Framework and Use Cases

Kim, Seo Young; Sarin, Atulya

doi:10.2139/ssrn.3373347

Cited by 15 publications

(9 citation statements)

References 7 publications

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“…It has the characteristics of simple deployment and high security. In addition, as the infrastructure of Smart Payments [56], Byteball smart contract can call Byteball wallet to pay transaction fees. Byteball is different from other DAGs in that it implements make use of Oracle to solve the problem of transaction order.…”

Section: Byteballmentioning

confidence: 99%

A survey of application research based on blockchain smart contract

et al. 2022

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Nowadays, blockchain technology and industry has developed rapidly all over the world, which is inseparable from continuous innovation and improvement on smart contract technology. Therefore, by summarizing the working principle and application research status of blockchain smart contract, this paper analyzes the development and challenges of smart contract. Firstly, we introduce the model and operation principle of blockchain smart contract for the overall architecture, analyze the deployment process of smart contract with Ethereum, Hyperledger Fabric and EOSIO, and make a comparative analysis from the technical level. And taking Byteball, InterValue and IOTA platforms as examples, we introduce the deployment process and application potential for DAG-based blockchain smart contract. Additionally, we also summarize the application research of smart contract for international and Blockchain Oracle, and discuss its innovative application and development trend in the future. Secondly, we introduce the application status of smart contract with Ethereum and Hyperledger Fabric platforms from the aspects of financial transactions, Internet of things, medical applications, and supply chain, and further discuss EOS (enterprise operation system), Blockchain Oracle and other application fields. Furthermore, we introduce the application advantages and challenges to smart contract for industrial Internet from the fields of manufacturing, food industry, industrial Internet of things and industry 4.0. Finally, we discuss the challenges faced by smart contract with technical issues, analyzes the impact on large-scale applications and mining system on the sustainable development of smart contract, and looks forward to the future research direction of blockchain smart contract.

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Section: Byteballmentioning

confidence: 99%

A survey of application research based on blockchain smart contract

et al. 2022

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“…The fintech revolution brought by the blockchain has received extensive attention (Yang and Li 2018). Researchers agree that this nascent technology may transform traditional trading methods and practice in financial industry (Ashta and Biot-Paquerot 2018;Chen et al 2017;Kim and Sarin 2018). For instance, Gomber et al (2018) discuss transformations in four areas of financial services: operations management, payments, lending, and deposit services.…”

Section: Research Themesmentioning

confidence: 99%

A systematic review of blockchain

2019

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Blockchain is considered by many to be a disruptive core technology. Although many researchers have realized the importance of blockchain, the research of blockchain is still in its infancy. Consequently, this study reviews the current academic research on blockchain, especially in the subject area of business and economics. Based on a systematic review of the literature retrieved from the Web of Science service, we explore the top-cited articles, most productive countries, and most common keywords. Additionally, we conduct a clustering analysis and identify the following five research themes: "economic benefit," "blockchain technology," "initial coin offerings," "fintech revolution," and "sharing economy." Recommendations on future research directions and practical applications are also provided in this paper.

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“…For instance, blockchain has been transforming traditional trading methods in practice. Kim and Journal (2018) proposed that blockchain can reduce the time of key trading processes, including currency transactions and identity verifications, thereby improving efficiency in record keeping and equity trading. Similarly, Gomber et al (2018) suggested that blockchain is a disruptive financial innovation for supporting new business models and market mechanisms.…”

Section: Blockchain 20mentioning

confidence: 99%