scholarly journals Blockchain: Current Challenges and Future Prospects/Applications

2019 ◽  
Vol 11 (12) ◽  
pp. 258 ◽  
Author(s):  
Spyros Makridakis ◽  
Klitos Christodoulou

Blockchain is a new technology, often referred to as the Internet of Value. As with all new technologies, there is no consensus on its potential value, with some people claiming that it will bring more disruptive changes than the Internet and others contesting the extent of its importance. Despite predictions that the future is perilous, there is evidence that blockchain is a remarkable, new technology that will change the way transactions are made, based on its ability to guarantee trust among unknown actors, assure the immutability of records, while also making intermediaries obsolete. The importance of blockchain can be confirmed by the interest in digital currencies, the great number of published blockchain papers, as well as MDPI’s journal Future Internet which exclusively publishes blockchain articles, including this special issue covering present and future blockchain challenges. This paper is a survey of the fast growing field of blockchain, discussing its advantages and possible drawbacks and their implications for the future of the Internet and our personal lives and societies in general. The paper consists of the following parts; the first provides a general introduction and discusses the disruptive changes initiated by blockchain, the second discusses the unique value of blockchain and its general characteristics, the third presents an overview of industries with the greatest potential for disruptive changes, the forth describes the four major blockchain applications with the highest prospective advantages, and the fifth part of the paper ends with a discussion on the most notable subset of innovative blockchain applications—Smart Contracts, DAOs (Decentralized Autonomous Organizations) and super safe networks—and their future implications. There is also a concluding section, which summarizes the paper, describes the future of blockchain, and mentions the challenges to be overcome.

2003 ◽  
Vol 2 (2) ◽  
Author(s):  
Fumiko Hayashi ◽  
Elizabeth Klee

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers' propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer's payment instrument use at the point of sale and for bill payment. The sample includes consumers surveyed in 2001, who are primarily users of the Internet. The results indicate that consumers who use new technology or computers are more likely to use electronic forms of payment, such as debit cards and electronic bill payments. Particularly, the use of direct deposit is a significant predictor of electronic payment use. Furthermore, the results indicate that payment choice depends on the characteristics of the transaction, such as the transaction value, the physical characteristics of the point of sale, and a bill's frequency and value variability.


Crimen ◽  
2020 ◽  
Vol 11 (3) ◽  
pp. 255-271
Author(s):  
Sanja Milivojević ◽  
Elizabeth Radulski

The Internet of Things (IoT) is poised to revolutionise the way we live and communicate, and the manner in which we engage with our social and natural world. In the IoT, objects such as household items, vending machines and cars have the ability to sense and share data with other things, via wireless, Bluetooth, or Radio Frequency IDentification (RFID) technology. "Smart things" have the capability to control their performance, as well as our experiences and decisions. In this exploratory paper, we overview recent developments in the IoT technology, and their relevance for criminology. Our aim is to partially fill the gap in the literature, by flagging emerging issues criminologists and social scientists ought to engage with in the future. The focus is exclusively on the IoT while other advances, such as facial recognition technology, are only lightly touched upon. This paper, thus, serves as a starting point in the conversation, as we invite scholars to join us in forecasting-if not preventing-the unwanted consequences of the "future Internet".


Author(s):  
G.V. Tretyakova ◽  
◽  
D.V. Mustafina ◽  

The aim of the work is to analyze the current mechanisms of adaptation of innovative processes in Canadian corporations in the context of COVID-19 by demonstrating technologies and approaches that can be applied to solve modern problems. The authors analyzed the statistical material, evaluated the changes in modern information technologies used to attract potential consumers. Methods of observation, analysis, generalization and interpretation of the results were used in the study. The analysis has shown that the Internet remains the most dynamically growing segment of the market for promoting products and services. It has been revealed that innovations can become the link in the company that will help it survive the crisis and open up opportunities for stating, analyzing and testing new processes. The results of the study strongly prove that the use of new technologies and openness to innovation can be a decisive factor for outperforming competitors in the future.


Author(s):  
Gerardo Reyes Ruiz ◽  
Samuel Olmos Peña ◽  
Marisol Hernández Hernández

New technologies have changed the way today's own label products are being offered. Today the Internet and even more the so-called social networks have played key roles in dispersing any particular product in a more efficient and dynamic sense. Also, having a smartphone and a wireless high-speed network are no longer a luxury or a temporary fad, but rather a necessity for the new generations. These technological advances and new marketing trends have not gone unnoticed by the medium and large stores. The augmented reality applied to interactive catalogs is a new technology that supports the adding of virtual reality to a real environment which in turn makes it a tool for discovering new uses, forms, and in this case, spending habits. The challenge for companies with their private labels in achieving their business objectives, is providing customers with products and services of the highest quality, thus promoting the efficient and streamlined use of all resources that are accounted for and at the same time promoting the use of new information technologies as a strategic competitive.


2020 ◽  
pp. 016224392097408
Author(s):  
Britt Paris

The Internet was conceptualized as a technology that would be capable of bringing about a better future, but recent literature in science and technology studies and adjacent fields provides numerous examples of how this pervasive sociotechnical system has been shaped and used to dystopic ends. This article examines different future imaginaries present in Future Internet Architecture (FIA) projects funded by the National Science Foundation (NSF) from 2006 to 2016, whose goal was to incorporate social values while building new protocols to replace Transmission Control Protocol and Internet Protocol to transfer and route information across the ever-expanding Internet. I examine the findings from two of the NSF’s FIA projects—Mobility First (MF) and eXpressive Internet Architecture—to understand the projects’ trajectories and values directives through their funding cycle and their projections into the future. I discuss how project documentation and participant articulations fall into the following three distinct themes about past experience and speculation: understanding the public, negotiating resources, and carrying project values into the future. I conclude that if the future Internet is to promote positive sociotechnical relationships, its architects must recognize that complex social and political decisions pervade each step of technical work and do more to honor this fact.


2020 ◽  
Vol 12 (2) ◽  
pp. 37 ◽  
Author(s):  
Om P. Malik

Taking advantage of new developing technologies, power systems are being developed into smarter grids with the vision of becoming the next-generation electric grid for smart cities. Some of the emerging issues and challenges associated with the development of technologies for smarter grids and smart cities are highlighted in this special issue of the Future Internet journal.


2020 ◽  
Vol 60 (2) ◽  
pp. 468
Author(s):  
David Low ◽  
Angus Rodger ◽  
Benjamin Gallagher ◽  
Prakash Sharma

Can hydrogen really be the next big energy disruptor? The technological challenges are significant and have suppressed its presence in the energy transition story thus far, but this is changing fast. The hydrogen market faces a chicken-and-egg conundrum. Demand growth remains limited, hindered by uncertainty over supply and cost. But investment in hydrogen supply is restricted by ambiguity over its role in the future energy mix. Nonetheless, government policy and funding in Japan, China and Korea is creating new demand centres. Will the breakthrough be in power generation, transportation or energy storage? The costs associated with hydrogen production and transportation are its biggest hurdles. But new technologies around liquid organic hydrogen carriers and ammonia are emerging. How is this hydrogen+ philosophy evolving, and could it be a future competitive advantage? Over the past decade, we have already seen how new technology has rapidly reduced other renewable energy costs. We outline our view on whether the same could happen with hydrogen. So, where does Australia fit into this picture, and what is its competitive advantage? Australia is well endowed with natural resources, many of which can reliably generate renewable energy. And with numerous ongoing hydrogen pilot programs, it is uniquely positioned to innovate and export green hydrogen know-how. Can Australia become the global laboratory for hydrogen supply-chain technology? Local upstream companies could be catalysts for change, given their existing producer–supplier relationships across north-eastern Asia. What role could hydrogen play in the future upstream portfolio?


1996 ◽  
Vol 21 (1) ◽  
pp. 4-7 ◽  
Author(s):  
John Thomson ◽  
Joye Volker

Electronic networking has been welcomed in Australia not least because of its potential to help solve problems of distances within Australia and of the isolation of Australia. In the world as a whole, the Internet, and the World Wide Web in particular, is transforming the communication of art information and access to art images. Three Australian Web servers focus on the visual arts: Art Serve, Diva, and AusArts. A number of initiatives intended to provide online bibliographic databases devoted to Australian art were launched in the 1980s. More recently a number of CD-ROMs have been published. As elsewhere, art librarians in Australia need new skills to integrate these products of new technology into the art library, and to transform the latter into a multimedia resource centre.


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