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Blockchain Technology: Transforming Businesses and Shaping the Future

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  • Дата: 10-12-2024, 13:39
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Название: Blockchain Technology: Transforming Businesses and Shaping the Future
Автор: Jay Daniel, Ashutosh Samadhiya, Jose Arturo Garza‑Reyes
Издательство: CRC Press
Год: 2025
Страниц: 292
Язык: английский
Формат: pdf (true), epub
Размер: 18.9 MB

Blockchain technology is considered a disruptive innovation that changes the ways companies and global processes operate. This technology has impressive powers to change this world for the better.

This book examines the origins, emergence, challenges, and opportunities in the blockchain field, rethinking business strategy and readiness in the digital world and how blockchain technology would improve businesses. It provides a blockchain readiness model for managing supply chains and reviews enabling technologies such as AI, big data and organisational capabilities that support the adoption of blockchain technology. Through innovative design and simulation of a blockchain framework, it aims to enhance the traceability and transparency of business operations and supply chains. This includes developing key performance indicators for measuring the seamless integration of blockchain technology and achieving a successful outcome. It explores how blockchain technology enhances the green and sustainability aspects of businesses by comparing the sectors and discussing the potential for blockchain to promote a green and sustainable economy. This book concludes with research frontiers and blockchain applications in healthcare, international trade, and supply chain sectors.

Key features:

Integrates both theoretical and practical perspectives
Includes material that is informative for readers from diverse backgrounds and disciplines
Explores blockchain technology practices and challenges in-depth across various sectors
Offers up-to-date, critical insights on the design, management, and control of blockchain technology for businesses
Written by experts with extensive experience in the field.

In Chapter 1, Daniel and Stapleton provide an overview of blockchain technology studies including the origins, emergence, challenges, and opportunities in the blockchain field. This chapter evaluates research trends, performance, and state-of-the-art literature through bibliometric and scientometric analyses in the blockchain field. It demonstrates hot topics and emerging trends recognised in this area encompassing blockchain and security, smart contracts, challenges, privacy, management, the Internet of Things (IoT), Bitcoin, framework development, and supply chain management. This chapter reveals several challenges, including issues related to data protection and privacy, the seamless interoperability and integration of IoT and other digital technologies with blockchain, the sustainability of supply chains, and the assurance of transparency and traceability in products and services. Furthermore, solving scalability issues remains a paramount concern within the blockchain domain.

The second part of this book, Chapters 2–4, develops, analyses, and critically appraises blockchain readiness and rethinking strategy in the digital world. In Chapter 2, Almaazmi and Daniel propose a blockchain technology readiness model for supply chain management. They identify key variables affecting blockchain readiness for supply chain management such as leadership support, infrastructure, regulations, and collaboration. The model would be a cornerstone for private and public organisations to adopt blockchain technology. In Chapter 3, Yadav and Rajput identify and study the barriers to integrating blockchain technology in startup supply chains and identify the influential barriers through an interpretive structural modelling (ISM) mapping approach. In Chapter 4, Hirst, Veasey, and Daniel review the enablers of blockchain adoption focusing on digital assets and organisational capabilities. They propose a framework for enablers of blockchain adoption in organisations and discuss the critical enablers of blockchain technology and the role that digital assets, leadership, and strategy play in the development of blockchain.

The third part of this book, Chapters 5–7, reviews, analyses, and designs blockchain adoption and enabling technologies such as AI, machine learning, simulation, IoT, and big data. In Chapter 5, Mittal and Yadav propose an intelligent vaccine supply management system that integrates blockchain technology, IoT sensors, and Machine Learning algorithms.

It is primarily written for senior undergraduate, graduate students, and academic researchers in the fields including electrical engineering, electronics and communication engineering, computer engineering, and information technology.

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