Industry Use Cases On Blockchain Technology Applications In Iot And The Financial Sector
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Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector
Blockchain technology presents numerous advantages that include increased transparency, reduced transaction costs, faster transaction settlement, automation of information, increased traceability, improved customer experience, improved digital identity, better cyber security, and user-controlled networks. These potential applications are widespread and diverse including funds transfer, smart contracts, e-voting, efficient supply chain, and more in nearly every sector of society including finance, healthcare, law, trade, real estate, and other important areas. However, there are challenges and limitations that exist such as high energy consumption, limited scalability, complexity, security, network size, lack of regulations, and other critical issues. Nevertheless, blockchain is an attractive technology and has much to offer to the modern-day industry. Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector investigates blockchain technology’s adoption and effectiveness in multiple industries and for the internet of things (IoT)-based applications, presents use cases from industrial and financial sectors as well as from other transaction-based services, and fills a gap in this respect by extending the existing body of knowledge in the suggested field. While highlighting topics such as cybersecurity, use cases, and models for blockchain implementation, this book is ideal for business managers, financial accountants, practitioners, researchers, academicians, and students interested in blockchain technology’s role and implementation in IoT and the financial sector.
Glocal Policy and Strategies for Blockchain: Building Ecosystems and Sustainability
Blockchain has the potential to revolutionize how people and organizations, who may not know or trust each other, share information and carry out transactions online. Nearly every institution on the planet wants to be a leader in blockchain technology as well as a home to significant platforms, applications, and companies. There is a need for a glocal policy to meet and support these goals as blockchain technology must embrace glocal values and ideals in its legal and regulatory frameworks. Glocal Policy and Strategies for Blockchain: Building Ecosystems and Sustainability discusses the features and advantages of blockchain technology, the innovative applications of blockchain technology, and the potent and limited aspects of blockchain technology. Covering topics such as digital change, international policy, and cyber security governance, this reference work is ideal for industry professionals, researchers, academicians, scholars, practitioners, instructors, and students.
Applications of Blockchain Technology in Business
The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3-12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain's powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.