scholarly journals Application of Blockchain Hierarchical Model in the Realm of Rural Green Credit Investigation

2021 ◽  
Vol 13 (3) ◽  
pp. 1324
Author(s):  
Haoyang Tan ◽  
Qiang Zhang
Keyword(s):  
Hierarchical Model ◽  
Rural Areas ◽  
Prediction Accuracy ◽  
Multilayered Structure ◽  
P2p Network ◽  
Application Research ◽  
Blockchain Technology ◽  
Private Credit ◽  
Credit Data ◽  
Financial Environment

In order to realize the application research of blockchain technology in the field of green credit investigation, the current paper adopts the method of a blockchain hierarchical model to study the rural green credit. With regard to the realm of rural green credit investigation, this paper sorts out the characteristics of credit data in China’s countryside by countryside credit investigation and determines the major problems and in rural green credit investigation of financial inclusion. Subsequently, the authors put forward a blockchain hierarchical model, which not only has reinforced the advantages in original blockchain dedicated to agriculture, rural areas and rural residents, such as traceability and immutability, but also has transformed the decentralization into disintermediation and changed the single-layered P2P network into a multilayered structure based on China’s rural financial environment. Finally, the authors collect and extract the proper credit investigation data on the rural internet to assess the application value of the model by investigating its practical applicability in reality and problems that may occur during the application of the model. Results show that private credit information has an important impact on the prediction accuracy, and the blockchain hierarchical model is helpful to ensure the reliability and security of rural green credit data.

scholarly journals P2P Payment using Blockchain Technology

2021 ◽  
pp. 12-16
Author(s):  
Savinay Mengi ◽  
Astha Gupta
Keyword(s):  
Distributed Control ◽  
Distributed Database ◽  
Economic Incentives ◽  
P2p Network ◽  
The Internet ◽  
P2p Networks ◽  
Transaction Data ◽  
Blockchain Technology ◽  
Single User ◽  
Human Problem

A Blockchain protocol operates on top of the Internet, on a P2P network of computers that all run the protocol and hold an identical copy of the ledger of transactions, enabling P2P value transactions without a middleman though machine consensus. The concept of Blockchain first came to fame in October 2008, as part of a proposal for Bitcoin, with the aim to create P2P money without banks. Bitcoin introduced a novel solution to the age-old human problem of trust. The underlying blockchain technology allows us to trust the outputs of the system without trusting any actor within it. People and institutions who do not know or trust each other, reside in different countries, are subject to different jurisdictions, and who have no legally binding agreements with each other, can now interact over the Internet without the need for trusted third parties like banks, Internet platforms, or other types of clearing institutions. Ideas around cryptographically secured P2P networks have been discussed in the academic environment in different evolutionary stages, mostly in theoretical papers, since the 1980s. “Proof-of-Work” is the consensus mechanism that enables distributed control over the ledger. It is based on a combination of economic incentives and cryptography. Blockchain is a shared, trusted, public ledger of transactions, that everyone can inspect but which no single user controls. It is a distributed database that maintains a continuously growing list of transaction data records, cryptographically secured from tampering and revision.

scholarly journals Application of Blockchain Technology in Supply Chain Finance of Beibu Gulf Region

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
RenLan Wang ◽  
Yanhong Wu
Keyword(s):  
Supply Chain ◽  
Financial Risk ◽  
Chain Structure ◽  
Beibu Gulf ◽  
Application Research ◽  
Gulf Region ◽  
Processing Efficiency ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
A Chain

Blockchain technology is a database that is operated by multiple parts and forms a chain structure through hash index. The blockchain uses multiple nodes and distributes multiple accesses to data, thereby reducing the dependence on the central Internet server and avoiding the possibility of damage to the central server point due to data and data loss. Encryption technology is used to ensure its integrity and ensure that the data files stored in the blockchain are not tampered with or deleted maliciously. Blockchain technology has inherent advantages in supply chain finance with its technical attributes such as nontampering, distributed ledger, and traceability and has great potential to build trust to solve the main problems of supply chain finance, which is conducive to promoting financial development in the Beibu Gulf region. This article mainly introduces the application research of blockchain technology in supply chain finance in the Beibu Gulf region and intends to provide some ideas for the development of supply chain finance in the Beibu Gulf region combined with blockchain technology. This article proposes the application research methods of blockchain technology in supply chain finance in the Beibu Gulf region, including blockchain technology, supply chain financial risk evaluation on the blockchain, and supply chain finance game for relevant experiments. The experimental results of this article show that the average processing time of the algorithm of the designed blockchain supply chain financial system is 4.10 seconds, the algorithm processing efficiency is faster, and the relevant risks can be better assessed.

scholarly journals FAMILY HOMESTEADS SETTLEMENTS AS THE SUBJECTS OF THE PUBLIC MANAGEMENT IN RURAL TERRITORIES

2018 ◽  
Vol 40 (4) ◽  
pp. 587-596
Author(s):  
Halyna Semenets ◽  
Valentyna Yakobchuk ◽  
Mariia Plotnikova
Keyword(s):  
Rural Development ◽  
Public Administration ◽  
Rural Areas ◽  
Public Management ◽  
Rural Settlements ◽  
Structured Interviews ◽  
Investment Activity ◽  
Blockchain Technology ◽  
New Type ◽  
High Level

The development of rural areas in the context of decentralization of power has led to the search for effective mechanisms for public administration. What is the socio-psychological profile of the inhabitants of successful self-organizing rural settlements and what management technologies are proposed for rural development? The purpose of the study is to establish and recommend a mechanism for improving the technology of territorial communities management on the example of Family Homesteads (FH). The research methodology is based on structured interviews and unstructured conversations with the inhabitants of family homesteads, the leadership of local self-government and experts in the field of rural development. The self-organization of settlements illustrates them as harmonious communities and a model of the society of the future, practicing sustainable development. It was determined that success in the development of rural areas by settlers of a new type is due to their age characteristics (average settler age 35 years), high level of education, active lifestyle and investment activity. The advantages of the practice of public administration of the territory are established with the help of blockchain technology, which allows to reduce administration costs and promote resource participation.

Multi-utility framework: blockchain exchange platform for sustainable development

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jacques Bou Abdo ◽  
Sherali Zeadally
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Rural Areas ◽  
Business Models ◽  
Rainwater Harvesting ◽  
Developed Countries ◽  
Peer To Peer ◽  
Content Type ◽  
Sustainable Solutions ◽  
Blockchain Technology

Purpose The purpose of this paper is to design a sustainable development platform for water and energy peer-to-peer trading that is financially and economically feasible. Water and other resources are becoming scarcer every day, and developing countries are the neediest for an immediate intervention. Water, as a national need, is considered to be one of the most precious commodities, but it is also one of the main causes for conflicts in the 21st century. Rainwater harvesting and peer-to-peer trading of the harvested water is one of the most convenient, scalable and sustainable solutions but faces organization challenges such as the absence of suitable business models motivating normal users to sell their generated resources (such as water and energy), currency and financial settlement complexities and single utility markets. Design/methodology/approach This paper proposes a multi-utility trading platform based on the blockchain technology which can address the challenges faced by peer-to-peer trading for resources such as energy and water. Findings This paper presents a peer-to-peer multi-utility trading platform that solves the shortcomings of existing utility frameworks reported in the current literature. Originality/value This proposed platform meets the needs of developing countries as well as rural areas of developed countries. The open nature of the proposed design makes it suitable for adoption and use by various stakeholders.

Consequent Formation in Security With Blockchain in Digital Transformation

2020 ◽  
pp. 122-144
Author(s):  
Shanthi Makka ◽  
Gagandeep Arora ◽  
B. B. Sagar
Keyword(s):  
Real Time ◽  
Cyber Security ◽  
Industrial Applications ◽  
Peer To Peer ◽  
Digital Transformation ◽  
P2p Network ◽  
High Demand ◽  
Blockchain Technology ◽  
The Future ◽  
Digital Transactions

Blockchain technology makes use of a centralized, peer-to-peer (P2P) network of databases, also called nodes, to validate and record digital transactions between individual users located anywhere across the globe. These transactions often take place through the exchange of cryptocurrencies such as bitcoins, Ethereum, and Ripple, etc. The security and transparency that is inherently present in digital transactions place blockchain technology in high demand across various industrial applications. Each node updates its database in real-time as and when transactions occur. The transaction gets authorized only when a majority of the nodes in the network validate the transaction. Once the verification is complete, a block, consisting of hash and keys, is generated for each new transaction and is linked to previous transactions in every database. Every node updates its database with the new block. A hacker would have to break down every node in the system to commit fraud. Blockchain could play a major role in maintaining the cyber security of digital transactions in the future.

scholarly journals A Blockchain based PKI Validation System based on Rare Events Management

2020 ◽  
Vol 12 (2) ◽  
pp. 40
Author(s):  
Maurizio Talamo ◽  
Franco Arcieri ◽  
Andrea Dimitri ◽  
Christian H. Schunck
Keyword(s):  
Hierarchical Model ◽  
Rare Events ◽  
Online Banking ◽  
Cloud Services ◽  
Consensus Algorithm ◽  
Public Key ◽  
Online Services ◽  
Blockchain Technology ◽  
Communication Layer

Public key infrastructures (PKIs) are the cornerstone for the security of the communication layer of online services relying on certificate-based authentication, such as e-commerce, e-government, online banking, cloud services, and many others. A PKI is an infrastructure based on a hierarchical model, but the use of PKIs in non-hierarchical contexts has exposed them to many types of attacks. Here, we discuss weaknesses exploited in past attacks and we propose a solution based on an original consensus algorithm developed for use on blockchain technology. In this implementation we retain the full functionality around X.509 certificates, i.e., for the triad (server name, server address, X.509 server certificate), and demonstrate a mechanism for obtaining fast consensus. The main properties of the solution are that a consensus may be reached even when not all members of the involved PKI participate in a transaction, and that no advanced trust agreement among PKIs is needed. The proposed solution is able to detect PKI attacks and can distinguish errors from attacks, allowing precise management of anomalies.

Application Research of Computerized Accounting Technology in Constructing Innovative Financial Management of Rural Areas

2014 ◽  
Vol 685 ◽  
pp. 719-722
Author(s):  
Bai Chao Li
Keyword(s):  
Rural Areas ◽  
Financial Management ◽  
Technology Implementation ◽  
Utilization Rate ◽  
Application Research ◽  
Capital Utilization ◽  
Management Level ◽  
Management Problems ◽  
Financial Administration

Accounting computerization technology is an innovative mode of solution to the rural financial management problems. This paper firstly analyzes the problems existing in the rural financial administration and presents application research of computerized accounting technology in constructing innovative financial management of rural areas. Accounting computerization technology implementation is conducive to the improvement of rural financial management level, improve the collective capital utilization rate, effectively prevent the loss of assets, increase the income of farmers, reduce farmer burden.

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