On the Philosophy of Bitcoin/Blockchain Technology: Is It a Chaotic, Complex System?

2017 ◽  
Author(s):  
Renato dos Santos
2021 ◽  
Vol 13 (4) ◽  
pp. 95
Author(s):  
Geneci da Silva Ribeiro Rocha ◽  
Letícia de Oliveira ◽  
Edson Talamini

Blockchain is a technology that can be applied in different sectors to solve various problems. As a complex system, agribusiness presents many possibilities to take advantage of blockchain technology. The main goal of this paper is to identify the purposes for which blockchain has been applied in the agribusiness sector, for which a PRISMA-based systematic review was carried out. The scientific literature corpus was accessed and selected from Elsevier’s Scopus and ISI of Knowledge’s Web of Science (WoS) platforms, using the PRISMA protocol procedures. Seventy-one articles were selected for analysis. Blockchain application in agribusiness is a novel topic, with the first publication dating from 2016. The technological development prevails more than blockchain applications since it has been addressed mainly in the Computer Sciences and Engineering. Blockchain applications for agribusiness management of financial, energy, logistical, environmental, agricultural, livestock, and industrial purposes have been reported in the literature. The findings suggest that blockchain brings many benefits when used in agribusiness supply chains. We concluded that the research on blockchain applications in agribusiness is only at an early stage, as many prototypes are being developed and tested in the laboratory. In the near future, blockchain will be increasingly applied across all economic sectors, including agribusiness, promoting greater reliability and agility in information with a reduced cost. Several gaps for future studies were observed, with significant value for science, industry, and society.


2015 ◽  
Vol 2015 ◽  
pp. 1-11 ◽  
Author(s):  
Junwei Sun ◽  
Yi Shen ◽  
Guangzhao Cui

The chaotic complex system is designed from the start of the chaotic real system. Dynamical properties of a chaotic complex system in complex space are investigated. In this paper, a compound synchronization scheme is achieved for four chaotic complex systems. According to Lyapunov stability theory and the adaptive control method, four chaotic complex systems are considered and the corresponding controllers are designed to realize the compound synchronization scheme. Four novel design chaotic complex systems are given as an example to verify the validity and feasibility of the proposed control scheme.


2014 ◽  
Vol 2014 ◽  
pp. 1-12 ◽  
Author(s):  
Cuimei Jiang ◽  
Shutang Liu ◽  
Chao Luo

We propose a new fractional-order chaotic complex system and study its dynamical properties including symmetry, equilibria and their stability, and chaotic attractors. Chaotic behavior is verified with phase portraits, bifurcation diagrams, the histories, and the largest Lyapunov exponents. And we find that chaos exists in this system with orders less than 5 by numerical simulation. Additionally, antisynchronization of different fractional-order chaotic complex systems is considered based on the stability theory of fractional-order systems. This new system and the fractional-order complex Lorenz system can achieve antisynchronization. Corresponding numerical simulations show the effectiveness and feasibility of the scheme.


2020 ◽  
Vol 9 (2) ◽  
Author(s):  
Marko Perkušić ◽  
Šime Jozipović ◽  
Damir Piplica

The paper analyzes the potential impact of blockchain technology and smart contracts on the shipping industry. As the shipping industry represents a complex system of various actions that have to be controlled and registered, blockchain technology could serve as a tool to allow the streamlining of numerous processes, whilst at the same time taking the human factor out of multiple elements where trust between involved parties is an issue. The authors therefore first present how blockchain technology works and what smart contracts are, in order to give an  insight into their applicability in the shipping sector. After a general overview of the technological and legal characteristics of blockchain technology and smart contracts, the authors present examples of relevant subjects, relations, and contracts in the shipping industry. Based on the charter party, a key contract in the shipping industry, the authors present the existing problems which could potentially be solved using blockchain technology. Besides the benefits of blockchain technologies, the authors furthermore point out the existing deficiencies that still make blockchain technology hard to apply in legal relations within the shipping industry. Based on these insights, the authors highlight the current developments in this area and present the existing and expected regulatory reforms of blockchain solutions and smart contracts within the European Union.


2013 ◽  
Vol 27 (19) ◽  
pp. 1350111 ◽  
Author(s):  
FUZHONG NIAN ◽  
XINGYUAN WANG ◽  
PUQI ZHENG

A projective synchronization of chaotic complex system was investigated. First, the cross projective synchronization (the real part and the imaginary part synchronize up to different scaling factors, respectively) in coupled partially linear complex nonlinear dynamic system was realized without adding any control term. Then, we investigated the substantial conditions of projective synchronization of chaotic complex systems on whole state variable with time delay. The adaptive controllers were designed. Moreover, numerical simulations were given to confirm the analytical results.


2020 ◽  
Vol 8 (4) ◽  
Author(s):  
Juliana Zanelatto Gavião Mascarenhas ◽  
Artur Ziviani ◽  
Klaus Wehmuth ◽  
Alex Borges Vieira

Abstract Distributed blockchain-based consensus platforms have witnessed steady growth in recent years. In special, cryptocurrency is one of the main applications of the blockchain technology. Despite the recent interest in blockchain, we still lack in-depth analysis of systems that use such a technology. In fact, most of the existing works focus on Bitcoin. Moreover, blockchain-based cryptocurrency systems are highly dynamic. Their internal mechanisms and consensus algorithms evolve over time. Users also change their interests in a given platform, which in turn, reflect their behaviour. In this article, we model the Ethereum-based cryptocurrency transaction network, a more recent blockchain platform that is gaining a significant share in the cryptocurrency market. We model the transactions of Ethereum as a complex system, representing this complex system as a time-varying graph. Our model and the analysis we conduct rely on a 3-year dataset of Ethereum-based cryptocurrency transactions, comprising more than 38 million users (i.e. unique wallet addresses) and almost 300 million transactions. We analyse the evolution of users and transactions over time. Our study also highlights the centralization tendency of the transaction network on both user and time aspects. Finally, we also analyse the formation of communities and the evolution of connected components considering the dynamics of the Ethereum-based cryptocurrency transaction network.


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