Dual Token Blockchain Economy Framework

Messiry, Magdi El; Elmessiry, Adel; ElMessiry, Malak

doi:10.1007/978-3-030-23404-1_11

Cited by 12 publications

(4 citation statements)

References 17 publications

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“…Robust business models shall ensure that the LMICs profit the value chain while keeping people and environments in consideration. Furthermore, utilization of the blockchain framework (Leal Filho et al , 2019; ElMessiry et al , 2019) shall ensure traceability of the complex textile supply chain and circular economy models that are in need of the hour.…”

Section: Discussion and Recommendationmentioning

confidence: 99%

Are low- and middle-income countries profiting from fast fashion?

Khurana

Muthu²

2021

JFMM

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PurposeIn the last two decades, the fashion value chain traveled to developing parts of the world. To these nations, it paved a path for socio-economic development initially but lately, the aftermath has costed more. This article visualizes the gains and losses of fast fashion to these countries.Design/methodology/approachAn in-depth systematic literature review was performed to analyze the secondary data from academic journals and reports from international organizations. The authors have compiled their empirical journeys in academia, research and industry from low- and middle-income countries (LMICs) based on Schon's (1983, 1990) theory of reflective practice. Further on, the article is structured using the value chain analysis (VCA) method which visualizes the aftermath of mass-producing fashion for the developed countries.FindingsIn this research it was found that LMICs have made substantial economic progress in the past two decades, however at a high social and environmental cost. It is the right time to find a balance between economic development and harm caused to the citizens of these nations.Originality/valueAt the moment the existing academic literature talks about unsustainable practices in the fashion sector around the world. This research precisely targets the LMICs where the aftermath is supposed to be much more severe. Further, it provides solutions and urges these nations to bring a substantial change throughout the value chain for a robust future.

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Section: Discussion and Recommendationmentioning

confidence: 99%

Are low- and middle-income countries profiting from fast fashion?

Khurana

Muthu²

2021

JFMM

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“…Despite their advantages and promises, Blockchain architectures face a series of challenges and obstacles in their application in the digital economy, as various experts in the field have noted [64,65].…”

Section: Challenges and Obstacles To Overcomementioning

confidence: 99%

Blockchain Architectures for the Digital Economy: Trends and Opportunities

Pineda,

Jabba,

Nieto-Bernal

2024

Sustainability

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The digital economy, driven by information and communication technologies (ICT), has profoundly transformed in recent decades. The digitalization of society has given rise to an economic environment in which information, connectivity, and innovation play fundamental roles. In this context, a technology that has emerged as a fundamental pillar of the digital economy is the chain of blocks, commonly known as blockchain. Blockchain is a technology that has revolutionized the way online data and transactions are managed and shared. Through its ability to create secure, transparent, and decentralized ledgers, blockchain has paved the way for the digital economy, facilitating trust in digital transactions and enabling various applications ranging from cryptocurrencies to supply chain management and intellectual property. This study will delve into blockchain and its influence on the digital economy. It will explore how this technology has reshaped how companies interact, how consumers access services, and how new business models are developed in a constantly evolving digital environment. Additionally, the challenges and opportunities that blockchain presents in the context of the digital economy will be analyzed, and how it is helping to shape the future of business and society in general. As the exploration of blockchain and its impact on the digital economy progresses, it becomes evident how these two forces converge, generating a promising digital landscape full of significant opportunities and transformations. This phenomenon is consistently supported by a growing body of research and analysis, which underlines the growing influence of blockchain on the global economy. The dynamic interplay between these two spheres, blockchain and the digital economy, is constantly evolving and offers an exciting glimpse into the future regarding innovation and disruption across a wide range of sectors. As a result, significant opportunities are looming for those seeking to understand and capitalize on these emerging trends. Throughout this study, the current trends and most intriguing perspectives that shape this landscape will be broken down, offering a deeper insight into how blockchain and the digital economy are shaping an extraordinary digital future.

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“…While most approaches are only focused on allocating a limited supply of incentivization, the problem we are addressing is unlimited. A solution that adopts a dual tokeneconomics would be better suited [32]. To address this problem, two mechanisms are set up to provide the incentivization.…”

Section: Incentivization Of Renewable Energymentioning

confidence: 99%

Proof of Renewable (PoR) the ROBe2 Protocol

Davis¹,

Elmessiry²

2021

Computer Science and Information Technology Trends

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We are at a serious crossroads as it relates to carbon emissions and the condition of our planet. Global conditions are spiraling out of control. Climate change is widespread, occurring extremely fast, and intensifying. The consumption of nonrenewable energy sources is impacting both the environment and the economy in equal proportions. Up to this point society has tried to solve these problems with local solutions but we have fallen short. The missing component to solve the global problem is an alignment of individuals and organizations coming together, taking responsibility, and creating global solutions to meet the goal of being carbon negative by 2050. In this paper, we propose the ROBe2 protocol as the global solution that brings everyone together to solve these very important issues. Renewable Obligation Base energy economy (ROBe2 ) is a protocol attempting to aggregate local renewable energy solutions into a global impact while providing an economically sound framework and allowing the creation of an economic incentive for using renewable energy in place of a fossil one [1].

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Dual Token Blockchain Economy Framework

Cited by 12 publications

References 17 publications

Are low- and middle-income countries profiting from fast fashion?

Are low- and middle-income countries profiting from fast fashion?

Blockchain Architectures for the Digital Economy: Trends and Opportunities

Proof of Renewable (PoR) the ROBe2 Protocol

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