Since Bitcoin's debut in 2008, blockchain, the technology behind the cryptocurrency, has been gaining increasing scientific and industrial interest. Due to the technology's innate distributed and immutable features, the adoption of blockchains on supply chains is one of the most promising recent applications. In this survey, we review academic researches and implementations of distributed ledgers on supply chains. We present the current state of research on the subject and summarize the benefits and the challenges of the distributed organization and management of supply chains. Focusing on industrial practices and use cases, we discuss the technical characteristics and maturity of the various industrial projects. Our goal is to assess the applicability of blockchains in the supply chain domain and to provide a foundation for practitioners and researchers to direct their future projects towards improving the technology and its applications. INDEX TERMS Blockchain, distributed ledger technology, implementations and use cases, supply chains.
Our transaction history in the current centralized banking system has the ability to reveal a lot of private information for each spender, both to the banking system itself, but also to those entities that surround it (e.g., governments, industry etc). Examples of leaking information constitute the amounts spent, the goods on which the amounts were spent, the spending locations and the users we exchange money with. This knowledge is powerful in the hands of those who have it, and can be used in multiple ways, not always to our benefit. Cryptocurrencies, such as the famous Bitcoin, were proposed as a means to address the limitations of centralized banking systems and to offer its users privacy with regards to their transactional data. In this work, we perform a systematic literature review on the realm of privacy for electronic currencies. We present the development of digital money from electronic cash to cryptocurrencies and focus on the techniques that are employed to enhance user-privacy. Furthermore, we present flaws of the current cryptocurrency systems, which reduce the privacy of the cryptocurrency users. Finally, we describe three research directions to enhance privacy for cryptocurrencies: transaction propagation mechanisms, succinct ZK proof systems without a trusted setup, and specialised trustless zero-knowledge proofs. INDEX TERMS Anonymity, bitcoin, confidentiality, cryptocurrencies, electronic cash, privacy, zero-knowledge.
Disbursement registration has always been a cumbersome, opaque, and inefficient process, up to the point that most businesses perform cash-flow evaluations only on a quarterly basis. We believe that automatic cash-flow evaluations can actively mitigate these issues. In this paper, we present BitFlow, a blockchain-based architecture that provides complete cash-flow transparency and diminishes the probability of undetected frauds through the BitKrone, a non-volatile cryptocurrency that maps to the Danish Krone (DKK). We show that confidentiality can be effectively achieved on a permissionless blockchain using Zero-Knowledge proofs, ensuring verifiable transfers and automatic evaluations. Furthermore, we discuss several experiments to evaluate our proposal, in particular, the impact that confidential transactions have on the whole system, in terms of responsiveness and from an economical expenditure perspective.
<p>This paper examines the feasibility of blockchain solutions for national and transnational business-to-business and business-to-government (B2B/B2G) compliance frameworks, namely a trust-less, de-centralised, self-regulating distributed ledger. In particular, the paper examines whether blockchain platforms scale to support national and transnational e-business trading. </p>
Crash fault tolerance describes the capability of a distributed system to maintain its proper function despite the occurrence of crashes or failures in one or more of its components. When a distributed system possesses crash fault tolerance, it can be further fortified to achieve Byzantine fault tolerance. Byzantine fault tolerance empowers a distributed system to establish consensus among participants, even when faced with faulty or malicious behavior. Consensus plays a critical role in various tasks, including determining the accurate value of a shared variable, electing a leader, or validating the integrity of a business transaction. Compared to crash fault tolerance, Byzantine fault tolerance instills greater trust because it enables consensus even in the presence of malicious entities. This paper focuses on the performance evaluation of two blockchain solutions that exhibit Byzantine fault tolerance, in contrast to a blockchain solution that demonstrates crash fault tolerance. Specifically, the paper investigates the additional performance requirements associated with the enhanced trust resulting from Byzantine fault tolerance in e-business trading on both national and transnational scales. We analyze the resources needed to operate a business-to-business/business-to-government (B2B/B2G) compliance framework in two distinct geographic scenarios. The first examines the national scale, using Denmark as an example, which is the eleventh largest European country by GDP. The second scenario considers the scale of the European Union (EU) with its 27 member states (plus the United Kingdom).
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