Ahram, Tareq and Sargolzaei, Arman and Sargolzaei, Saman and Daniels, Jeff and Amaba, Ben (2017) Blockchain Technology Innovations. In: 2017 IEEE Technology & Engineering Management Conference.
![[img]](http://blossom.informatik.uni-rostock.de/style/images/fileicons/text.png) |
Text
07998367.pdf Restricted to Registered users only Download (590kB) |
Abstract
Digital world has produced efficiencies, new innovative products, and close customer relationships globally by the effective use of mobile, IoT (Internet of Things), social media, analytics and cloud technology to generate models for better decisions. Blockchain is recently introduced and revolutionizing the digital world bringing a new perspective to security, resiliency and efficiency of systems. While initially popularized by Bitcoin, Blockchain is much more than a foundation for crypto currency. It offers a secure way to exchange any kind of good, service, or transaction. Industrial growth increasingly depends on trusted partnerships; but increasing regulation, cybercrime and fraud are inhibiting expansion. To address these challenges, Blockchain will enable more agile value chains, faster product innovations, closer customer relationships, and quicker integration with the IoT and cloud technology. Further Blockchain provides a lower cost of trade with a trusted contract monitored without intervention from third parties who may not add direct value. It facilitates smart contracts, engagements, and agreements with inherent, robust cyber security features. This paper is an effort to break the ground for presenting and demonstrating the use of Blockchain technology in multiple industrial applications. A healthcare industry application, Healthchain, is formalized and developed on the foundation of Blockchain using IBM Blockchain initiative. The concepts are transferable to a wide range of industries as finance, government and manufacturing where security, scalability and efficiency must meet.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Main Topics > Blockchain Projects > BloSSom 2019 Main Topics > Economy Main Topics > Internet of Things Main Topics > Security Main Topics > Smart Contracts |
| Divisions: | Computer Science |
| Depositing User: | Unnamed user with email richard.dabels@uni-rostock.de |
| Date Deposited: | 05 Sep 2019 16:33 |
| Last Modified: | 05 Sep 2019 16:33 |
| URI: | http://blossom.informatik.uni-rostock.de/id/eprint/75 |
Actions (login required)
 |
View Item |
