Cross Industry Use Of Blockchain Technology And Opportunities For The Future

Blockchain is a technology that transcends cryptocurrencies. There are other services in different sectors of the economy that can benefit from the trust and security that blockchains offer. For example, financial institutions are using blockchains for international money transfer, and in logistics, it has been used for supply chain management and tracking of goods. As more global companies and governments are experimenting and deploying blockchain solutions, it is necessary to compile knowledge on the best practices, strategies, and failures in order to create a better awareness of how blockchain could either support or add value to other services. Cross-Industry Use of Blockchain Technology and Opportunities for the Future provides emerging research highlighting the possibilities inherent in blockchain for different sectors of the economy and the added value blockchain can provide for the future of these different sectors. Featuring coverage on a broad range of topics such as data privacy, information sharing, and digital identity, this book is ideally designed for IT specialists, consultants, design engineers, cryptographers, service designers, researchers, academics, government officials, and industry professionals.

Blockchain technology is part of the 4th industrialrevolution of Industry and has generated a lot of potential for stakeholders and endusers. From Bitcoin and Ethereum, to the third-generation of blockchains, thetechnology has transformed the digital landscape in many industrial sectors. Cross-IndustryBlockchain Technology: Opportunities and Challenges in Industry 4.0 explores the role of blockchains in industry 4.0across multiple industries. It covers the problems and new frontiersencountered by engineers and professionals for commercial and technical use. The range of Blockchain applicationscovered in the book include finance, big data, health industry,hydrophonics, and vehicle ad hoc networks. General readers and industryprofessionals interested in Blockchain technology and industry 4.0 will findinteresting information about current tech trends in this space.

Blockchain technology presents numerous advantages that include increased transparency, reduced transaction costs, faster transaction settlement, automation of information, increased traceability, improved customer experience, improved digital identity, better cyber security, and user-controlled networks. These potential applications are widespread and diverse including funds transfer, smart contracts, e-voting, efficient supply chain, and more in nearly every sector of society including finance, healthcare, law, trade, real estate, and other important areas. However, there are challenges and limitations that exist such as high energy consumption, limited scalability, complexity, security, network size, lack of regulations, and other critical issues. Nevertheless, blockchain is an attractive technology and has much to offer to the modern-day industry. Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector investigates blockchain technology’s adoption and effectiveness in multiple industries and for the internet of things (IoT)-based applications, presents use cases from industrial and financial sectors as well as from other transaction-based services, and fills a gap in this respect by extending the existing body of knowledge in the suggested field. While highlighting topics such as cybersecurity, use cases, and models for blockchain implementation, this book is ideal for business managers, financial accountants, practitioners, researchers, academicians, and students interested in blockchain technology’s role and implementation in IoT and the financial sector.

Health information about any patent is extremely critical. As there are many malicious users and misuses of health data, this information is not shared amongst health organizations due to security and privacy issues. Blockchain is being explored as a platform for securely exchanging healthcare data among the organizations in public domains, allowing doctors and practitioners to have access to more comprehensive health histories and in turn provide better care to patients. Prospects of Blockchain Technology for Accelerating Scientific Advancement in Healthcare disseminates the recent research findings on blockchain in healthcare and reviews current state-of-the-art blockchain applications in healthcare. This book also discusses various challenges faced by the healthcare community in securing healthcare data. Covering topics such as consensus mechanisms, smart healthcare systems, and supply chain management, it serves as an essential resource for healthcare professionals, computer scientists, information security professionals, data scientists, policymakers, researchers, and academicians.

The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.

Blockchain has the potential to revolutionize how people and organizations, who may not know or trust each other, share information and carry out transactions online. Nearly every institution on the planet wants to be a leader in blockchain technology as well as a home to significant platforms, applications, and companies. There is a need for a glocal policy to meet and support these goals as blockchain technology must embrace glocal values and ideals in its legal and regulatory frameworks. Glocal Policy and Strategies for Blockchain: Building Ecosystems and Sustainability discusses the features and advantages of blockchain technology, the innovative applications of blockchain technology, and the potent and limited aspects of blockchain technology. Covering topics such as digital change, international policy, and cyber security governance, this reference work is ideal for industry professionals, researchers, academicians, scholars, practitioners, instructors, and students.

Blockchain Applications for Healthcare Informatics: Beyond 5G offers a comprehensive survey of 5G-enabled technology in healthcare applications. This book investigates the latest research in blockchain technologies and seeks to answer some of the practical and methodological questions surrounding privacy and security in healthcare. It explores the most promising aspects of 5G for healthcare industries, including how hospitals and healthcare systems can do better. Chapters investigate the detailed framework needed to maintain security and privacy in 5G healthcare services using blockchain technologies, along with case studies that look at various performance evaluation metrics, such as privacy preservation, scalability and healthcare legislation. Introduces the basic architecture and taxonomy of 5G-enabled blockchain technology Analyzes issues and challenges surrounding 5G-enabled blockchain-based systems in healthcare Investigates blockchain-based healthcare applications such as telemedicine, telesurgery, remote patient monitoring, networking of the Internet of Medical Things, and augmented and virtual realty tools for training in complex medical scenarios Includes case studies and real-world examples in each chapter to demonstrate the adoption of 5G-enabled blockchain technology across various healthcare domains

This book is for anyone who wants to gain an understanding of Blockchain technology and its potential. The book is research-oriented and covers different verticals of Blockchain technology. It discusses the characteristics and features of Blockchain, includes techniques, challenges, and future trends, along with case studies for deeper understanding. Blockchain Technology: Exploring Opportunities, Challenges, and Applications covers the core concepts related to Blockchain technology starting from scratch. The algorithms, concepts, and application areas are discussed according to current market trends and industry needs. It presents different application areas of industry and academia and discusses the characteristics and features of this technology. It also explores the challenges and future trends and provides an understanding of new opportunities. This book is for anyone at the beginner to intermediate level that wants to learn about the core concepts related to Blockchain technology.