Analysis of Blockchain technology: pros, cons and SWOT

Niranjanamurthy, M.; Nithya, B.; Jagannatha, S.

doi:10.1007/s10586-018-2387-5

Cited by 341 publications

(173 citation statements)

References 18 publications

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“…For example, in India, where services including banking contribute more than 50% GDP (2018), it was announced in 2018 that bit coin was not a legal tender for transactions, but blockchain technology is promoted in payment systems. Infrastructure requirements: Whenever scope exists for security, privacy, technical capability, organizations in blockchain ecosystem must assess their SWOT [50]. This process can foster better Human Computer Interaction (HCI) modules [16].…”

Section: Discussion and Proposed Frameworkmentioning

confidence: 99%

Innovation and Challenges of Blockchain in Banking: A Scientometric View

Arjun¹,

Suprabha²

2020

IJIMAI

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Blockchain has been gaining focus in research and development for diverse industries in recent years. Nevertheless, innovations that impact to the banking nurture a potential for disruptive impact globally for economic reasons; however it has received less scholarly attention. Hence the effect of blockchain technologies on banking industry is systematically reviewed. The relevant literature is extracted from Scopus, Web of Science and bibliometric techniques are applied. While a bulk of earlier papers focuses only on bit coins, a broader framework is envisaged that synthesizes interdisciplinary thematic areas for advancement; hence novelty in current work. A few practical and theoretical implications for stakeholders in view of technology, law and management are discussed.

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Section: Discussion and Proposed Frameworkmentioning

confidence: 99%

Innovation and Challenges of Blockchain in Banking: A Scientometric View

Arjun¹,

Suprabha²

2020

IJIMAI

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“…The reviewed architectural components often are composed of connected devices, sensors, and a collector that collects data and sends them to the Blockchain network for storage. 28 The amount of data that originate from mobile devices and wearable sensors is growing at an exponential rate and architectures that are based on commodity hardware provide cost-efficient high scalability. 7 Blockchains are currently the most popular form of DLT.…”

Section: Sq3 What Are the Types Models And Approaches Of A Blockchmentioning

confidence: 99%

Electronic health records in a Blockchain: A systematic review

Mayer

Costa

Righi

2019

Health Informatics J

147

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Blockchain could reinvent the way patient’s electronic health records are shared and stored by providing safer mechanisms for health information exchange of medical data in the healthcare industry, by securing it over a decentralized peer-to-peer network. Intending to support and ease the understanding of this distributed ledger technology, a solid Systematic Literature Review was conducted, aiming to explore the recent literature on Blockchain and healthcare domain and identify existing challenges and open questions, guided by the raise of research questions regarding EHR in a Blockchain. More than 300 scientific studies published in the last ten years were surveyed, resulting in an up-to-date taxonomy creation, challenges and open questions identified, and the most significant approaches, data types, standards and architectures regarding the use of Blockchain for EHR were assessed and discussed.

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“…Blockchain technology has six elements at its core, viz. Autonomy, Decentalization, Transparency, Anonymity, Immutability and Open Source access (Niranjanamurthy, M. et al, 2019). Blockchain has garnered significant attention due to its ability to facilitate relaible transactions through networked computation replacing human supervision and control (Casino, F. et al, 2019).…”

Section: Fig 2 Blockchain Structurementioning

confidence: 99%

A Systematic Review of Blockchain-based Services for Security Upgradation of a Smart City

Feroz¹

2020

EAI Endorsed Transactions on Smart Cities

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The concept of smart city has gained popularity in recent years. The elementary concept refers to promoting the uninterrupted sharing of data and services within and across communities by the application of emerging technologies. Smart cities strive for cost reduction, optimal use of resources and the development of a more sustainable environment. Considerable advances in modern technologies such as IoT and wireless communication have enabled sharing of data between remote devices which are geared with open data, hence a smart city is susceptible to a number of security threats. It is important to identify these threats, analyze IoT data to improve privacy and security and identify the corresponding consequences. Blockchain has emerged as a promising solution to resolve these challenges. Blockchain is a peer-to-peer shared database technology that cannot be modified once a transaction is recorded and validated. This study explores the contribution of blockchain to smart cities in terms of decentralized security, immutability, transparency and privacy to provide intelligent, customized and context-aware services to smart city dwellers. A brief overview of this novel technology has been given along with its deployment in a smart city setting, the open issues discussed and prospective scope of blockchain application has been presented.

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Analysis of Blockchain technology: pros, cons and SWOT

Cited by 341 publications

References 18 publications

Innovation and Challenges of Blockchain in Banking: A Scientometric View

Innovation and Challenges of Blockchain in Banking: A Scientometric View

Electronic health records in a Blockchain: A systematic review

A Systematic Review of Blockchain-based Services for Security Upgradation of a Smart City

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