Blockchain-based multi-organization taxonomy for smart cities

Kaur, Ekleen; Oza, Anshul

doi:10.1007/s42452-020-2187-4

Cited by 13 publications

(5 citation statements)

References 22 publications

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“…Quist-Aphetsi and Blankson [91] explore the cryptographic features of Secure Hash Function 256, which is the most popular hash function in blockchain applications, and examine a potential hybrid data logging system that store cryptographically the quality of water delivered to consumers from the water treatment plant. Kaur and Oza [92] document the Ethereum Request for Comment Standards 20 (ERC20) from a smart city perspective that ERC20 tokens must comply with. The paper simulates Water Reprocessing Coins (WRCs) to create a business environment where everyone has an equal chance of obtaining credits based on recycled wastewater to remove inequalities between different-scale enterprises.…”

Section: Water Quality Managementmentioning

confidence: 99%

Blockchain Opportunities for Water Resources Management: A Comprehensive Review

Satilmisoglu,

Sermet,

Kurt

et al. 2024

Sustainability

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Blockchain technology has been used for the digitalization of physical asset management and data management processes in many areas in the industry and academia, including the water domain. Its potential as an immutable data storage system and smart contract integration has provided a plethora of use cases and utility in the domain of hydrology and water resources. This systematic review critically examines the application of blockchain technology in the field of water resources and hydrology. By analyzing 104 academic publications and 37 non-academic studies from 2017 to 15 October 2022, this paper identifies the current state of blockchain applications in water management, delineates their potential use cases, and assesses their practical utility and scalability. Despite the theoretical promise of blockchain for enhancing water governance, data security, and stakeholder trust, the review reveals a noticeable gap between theoretical potential and the existence of workable, real-time applications specifically in water resources management. The findings indicate that while blockchain technology has been effectively implemented in various sectors, its adoption in hydrological domain is still emerging, with limited empirical evidence to support full-scale deployment. The paper concludes with a call for more empirical research to validate theoretical benefits, address scalability and interoperability challenges, and integrate blockchain technology with real-time data networks for sustainable water management practices.

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Section: Water Quality Managementmentioning

confidence: 99%

Blockchain Opportunities for Water Resources Management: A Comprehensive Review

Satilmisoglu,

Sermet,

Kurt

et al. 2024

Sustainability

View full text Add to dashboard Cite

show abstract

“…Quist-Aphetsi and Blankson (2019) explores the cryptographic features of Secure Hash Function 256, which is the most popular hash function in blockchain applications, and examine a potential hybrid data logging system that store cryptographically the quality of water delivered to consumers from the water treatment plant. Kaur and Oza (2020) document the Ethereum Request for Comment Standards 20 (ERC20) from a smart city perspective that Ethereum-based tokens must comply with. The paper simulates the Water Reprocessing Coins (WRC) to create a business environment where everyone has an equal chance of obtaining credits based on recycled wastewater to remove inequalities between different-scale enterprises.…”

Section: Water Quality Managementmentioning

confidence: 99%

Blockchain Applications and Opportunities for Water Resources and Hydrology: A Systematic Review

Satilmsioglu¹,

Sermet²,

Demir³

2023

Preprint

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Although blockchain technology was first applied for peer-to-peer financial transactions, it has been used for the digitalization of physical asset management and data management processes in many areas in the industry and academia, including the water domain. Its potential as an immutable data storage system and smart contract integration has provided a plethora of use cases and utility in the domain of hydrology and water resources. In this article, a comprehensive systematic literature review on blockchain applications, opportunities and challenges for the water sector is conducted. The study provides the examination of academic publications, technical reports, whitepapers, hackathon projects, non-academic content and evaluation of the published year, focused hydrology sub-domain, utilized blockchain networks, tools, and development level of application of reviewed content. The current status of blockchain technology in the hydrology literature, potential application areas in the water sector, research gaps, and challenges are discussed from different perspectives, and future study areas are recommended.

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“…The energy tokens can be used for issuing, tracking, trading, and retiring renewable energy certificates through tokenization [79]. Kaur and Oza [80] identified additional applicability for blockchain tokens, for recycled wastewater based on the assimilation tokenization of sustainable assets, to address water pollution. The challenges they identified include inadequate and inefficient monitoring of water treatments and a lack of incentives that could be mitigated by using the ERC20 token standard and IoT sensors.…”

Section: Blockchain Token's Applicabilitymentioning

confidence: 99%

Review of Blockchain Tokens Creation and Valuation

Marin,

Cioara,

Toderean

et al. 2023

Future Internet

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Blockchain and tokens are relatively new research areas insufficiently explored from both technical and economic perspectives. Even though tokens provide benefits such as easier market access, increased liquidity, lower transaction costs, and automated transactional process, their valuation and price determination are still challenging due to factors such as a lack of intrinsic value, volatility, and regulation making trading risky. In this paper, we address this knowledge gap by reviewing the existing literature on token creation and valuation to identify and document the factors affecting their valuation, investment, and founding, as well as the most promising domains of applicability. The study follows the PRISMA methodology and uses the Web of Science database, defining clear research questions and objective inclusion criteria for the articles. We discuss token technical development, including creating, issuing, and managing tokens on an Ethereum blockchain using smart contracts. The study revealed several key factors that significantly impact the field of tokenomics: demand and supply, social incentives, market conditions, macroeconomics, collective behavior, speculation, and inclusion in index funds. The most relevant use cases of blockchain and tokens are related to the digitization of virtual and physical assets, accountability, and traceability usual in smart grids or supply chains management, social governance, and art and gamification including metaverse.

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Blockchain-based multi-organization taxonomy for smart cities

Cited by 13 publications

References 22 publications

Blockchain Opportunities for Water Resources Management: A Comprehensive Review

Blockchain Opportunities for Water Resources Management: A Comprehensive Review

Blockchain Applications and Opportunities for Water Resources and Hydrology: A Systematic Review

Review of Blockchain Tokens Creation and Valuation

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