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Author: Parma Bains
Publisher: International Monetary Fund
ISBN: 1616358289
Category : Business & Economics
Languages : en
Pages : 26
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Book Description
Technology plays an increasingly important role in financial services. With the pace of technological inno-vation moving ever faster, the role new technology plays in the provision of financial services is becoming increasingly fundamental. New technology can generate efficiencies for firms, lowering costs that can be passed on to end users. It can increase access to financial services and products for consumers, particularly the most vulnerable; however, new technology can also create new risks and unintended consequences that can harm financial stability, consumer protection, and market integrity. This primer is designed for financial supervisors at central banks, regulatory authorities, and government departments. It adds to existing literature by summarizing key aspects of popular consensus mechanisms at a high level, with a specific focus on how such mechanisms may impact the mandates of supervisors and policymakers when deployed in financial services markets. It could also help inform IMF staff on policy development and technical assistance related to crypto assets, stablecoins, and blockchains.
Author: Sandeep Kumar Panda
Publisher: Springer
ISBN: 9783030693978
Category : Technology & Engineering
Languages : en
Pages : 300
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Book Description
This book discusses the various open issues of blockchain technology, such as the efficiency of blockchain in different domains of digital cryptocurrency, smart contracts, smart education system, smart cities, cloud identity and access, safeguard to cybersecurity and health care. For the first time in human history, people across the world can trust each other and transact over a large peer-to-peer networks without any central authority. This proves that, trust can be built not only by centralized institution but also by protocols and cryptographic mechanisms. The potential and collaboration between organizations and individuals within peer networks make it possible to potentially move to a global collaborative network without centralization. Blockchain is a complex social, economic and technological phenomenon. This questions what the established terminologies of the modern world like currency, trust, economics and exchange would mean. To make any sense, one needs to realize how much insightful and potential it is in the context and the way it is technically developed. Due to rapid changes in accessing the documents through online transactions and transferring the currency online, many previously used methods are proving insufficient and not secure to solve the problem which arises in the safe and hassle-free transaction. Nowadays, the world changes rapidly, and a transition flow is also seen in Business Process Management (BPM). The traditional Business Process Management holds good establishment last one to two decades, but, the internal workflow confined in a single organization. They do not manage the workflow process and information across organizations. If they do so, again fall in the same trap as the control transfers to the third party that is centralized server and it leads to tampering the data, and single point of failure. To address these issues, this book highlights a number of unique problems and effective solutions that reflects the state-of-the art in blockchain Technology. This book explores new experiments and yields promising solutions to the current challenges of blockchain technology. This book is intended for the researchers, academicians, faculties, scientists, blockchain specialists, business management and software industry professionals who will find it beneficial for their research work and set new ideas in the field of blockchain. This book caters research work in many fields of blockchain engineering, and it provides an in-depth knowledge of the fields covered.
Author: Parma Bains
Publisher: International Monetary Fund
ISBN: 1616358289
Category : Business & Economics
Languages : en
Pages : 26
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Book Description
Technology plays an increasingly important role in financial services. With the pace of technological inno-vation moving ever faster, the role new technology plays in the provision of financial services is becoming increasingly fundamental. New technology can generate efficiencies for firms, lowering costs that can be passed on to end users. It can increase access to financial services and products for consumers, particularly the most vulnerable; however, new technology can also create new risks and unintended consequences that can harm financial stability, consumer protection, and market integrity. This primer is designed for financial supervisors at central banks, regulatory authorities, and government departments. It adds to existing literature by summarizing key aspects of popular consensus mechanisms at a high level, with a specific focus on how such mechanisms may impact the mandates of supervisors and policymakers when deployed in financial services markets. It could also help inform IMF staff on policy development and technical assistance related to crypto assets, stablecoins, and blockchains.
Author: Tim A. Herberger
Publisher: Springer Nature
ISBN: 303077340X
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
This book highlights the opportunities and risks of digitalization and digital transformation for our global economy at both the micro and macro level. Experts from various fields, presenting both scientific and practice-oriented perspectives, identify and critically analyse areas of tension and development potential in connection with new business models and sustainability efforts in our society. It is divided into four parts, the first of which highlights new technological advances in areas such as blockchain, cryptocurrencies and fintechs, and discusses the challenges they pose for public regulation. The second part illustrates digitalization’s effects on and potential advantages for public welfare, focusing on key areas such as education, health and smart cities. The third part focuses on challenges for corporate and public management, particularly for leadership and Corporate Social Responsibility, while the fourth part discusses new dimensions for analysis based on big data. The contributions gathered here are partly an outcome of the International Conference on Digitalization, Digital Transformation and Sustainability held in Budapest in October 2020 and generously supported by the Hanns Seidel Foundation.
Author: Raghavendra Rau
Publisher: Springer Nature
ISBN: 3030651177
Category : Business & Economics
Languages : en
Pages : 888
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Book Description
This handbook provides the first comprehensive overview of the fast-evolving alternative finance space and makes a timely and in-depth contribution to the literature in this area. Bringing together expert contributions in the field from both practitioners and academics, in one of the most dynamic parts of the financial sector, it provides a solid reference for this exciting discipline. Divided into six parts, Section 1 presents a high-level overview of the technologically-enabled finance space. It also offers a historical perspective on technological finance models and outlines different business models. Section 2 analyses digital currencies including guides to bitcoins, other cryptocurrencies, and blockchains. Section 3 addresses alternative payment systems such as digital money and asset tokenization. Section 4 deals with crowdfunding models from both a theoretical perspective and from a regulatory perspective. Section 5 discusses data-driven business models and includes a discussion of neural networks and deep learning. Finally, Section 6 discusses welfare implications of the technological finance revolution. This collection highlights the most current developments to date and the state-of-the-art in alternative finance, while also indicating areas of further potential. Acting as a roadmap for future research in this innovative and promising area of finance, this handbook is a solid reference work for academics and students whilst also appealing to industry practitioners, businesses and policy-makers.
Author: Aljosha Judmayer
Publisher: Springer Nature
ISBN: 3031023528
Category : Computers
Languages : en
Pages : 109
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Book Description
The new field of cryptographic currencies and consensus ledgers, commonly referred to as blockchains, is receiving increasing interest from various different communities. These communities are very diverse and amongst others include: technical enthusiasts, activist groups, researchers from various disciplines, start ups, large enterprises, public authorities, banks, financial regulators, business men, investors, and also criminals. The scientific community adapted relatively slowly to this emerging and fast-moving field of cryptographic currencies and consensus ledgers. This was one reason that, for quite a while, the only resources available have been the Bitcoin source code, blog and forum posts, mailing lists, and other online publications. Also the original Bitcoin paper which initiated the hype was published online without any prior peer review. Following the original publication spirit of the Bitcoin paper, a lot of innovation in this field has repeatedly come from the community itself in the form of online publications and online conversations instead of established peer-reviewed scientific publishing. On the one side, this spirit of fast free software development, combined with the business aspects of cryptographic currencies, as well as the interests of today's time-to-market focused industry, produced a flood of publications, whitepapers, and prototypes. On the other side, this has led to deficits in systematization and a gap between practice and the theoretical understanding of this new field. This book aims to further close this gap and presents a well-structured overview of this broad field from a technical viewpoint. The archetype for modern cryptographic currencies and consensus ledgers is Bitcoin and its underlying Nakamoto consensus. Therefore we describe the inner workings of this protocol in great detail and discuss its relations to other derived systems.
Author: Kirankalyan Kulkarni
Publisher: Packt Publishing Ltd
ISBN: 1789532353
Category : Computers
Languages : en
Pages : 91
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Book Description
Get up and running with the fundamentals of Bitcoin and blockchain Key Features Learn quick, effective, and easy ways to master blockchain and Bitcoin Understand the impact of decentralization and discover ways to tackle it Explore the future of Bitcoin and blockchain and implement them in a business network Book Description Blockchain is a distributed database that enables permanent, transparent, and secure storage of data. Blockchain technology uses cryptography to keep data secure. Learn Bitcoin and Blockchain is the perfect entry point to the world of decentralized databases. This book will take you on a journey through the blockchain database, followed by advanced implementations of the blockchain concept. You will learn about Bitcoin basics and their technical operations. As you make your way through the book, you will gain insight into this leading technology and its implementation in the real world. You will also cover the technical foundation of blockchain and understand the fundamentals of cryptography and how they keep data secure. In the concluding chapters, you’ll get to grips with the mechanisms behind cryptocurrencies. By the end of this book, you will have learned about decentralized digital money, advanced blockchain concepts, and Bitcoin and blockchain security. What you will learn Understand the concept of decentralization, its impact, its relationship with blockchain technology and its pros and cons Learn blockchain and Bitcoin architectures and security Explore Bitcoin and blockchain security Implement blockchain technology and its features commercially Understand why consensus protocols are critical in blockchain Get a grip on the future of blockchain Who this book is for Learn Bitcoin and Blockchain is for anyone who wants to quickly understand and expand their knowledge of how blockchain and Bitcoin work and how they are applied commercially. No prior knowledge of blockchain and Bitcoin is required.
Author: Ketan Kotecha
Publisher: Springer Nature
ISBN: 9811544743
Category : Technology & Engineering
Languages : en
Pages : 556
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Book Description
This book includes selected papers from the International Conference on Data Science and Intelligent Applications (ICDSIA 2020), hosted by Gandhinagar Institute of Technology (GIT), Gujarat, India, on January 24–25, 2020. The proceedings present original and high-quality contributions on theory and practice concerning emerging technologies in the areas of data science and intelligent applications. The conference provides a forum for researchers from academia and industry to present and share their ideas, views and results, while also helping them approach the challenges of technological advancements from different viewpoints. The contributions cover a broad range of topics, including: collective intelligence, intelligent systems, IoT, fuzzy systems, Bayesian networks, ant colony optimization, data privacy and security, data mining, data warehousing, big data analytics, cloud computing, natural language processing, swarm intelligence, speech processing, machine learning and deep learning, and intelligent applications and systems. Helping strengthen the links between academia and industry, the book offers a valuable resource for instructors, students, industry practitioners, engineers, managers, researchers, and scientists alike.
Author: Manoj Kumar M V
Publisher: CRC Press
ISBN: 1000817385
Category : Technology & Engineering
Languages : en
Pages : 330
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Book Description
Blockchain is an emerging platform for developing decentralized applications and data storage, over and beyond its role as a platform for cryptocurrencies. This reference text provides a comprehensive discussion on blockchain technology from research and application perspective. Discusses different approaches for building distributed applications (DAPPS). Provides detailed listing and discussion of blockchain technology applications in solving real life problems. Covers proof of work (PoW) based blockchain consensus, and proof of stake (PoS) based blockchain consensus. Discusses blockchain algorithms including practical byzantine fault tolerance (PBFT) and simplified byzantine fault tolerance (SBFT). It comprehensively covers important topics including blockchain consensus algorithms, Ethereum, Hyperledger, blockchain scalability, smart contracts with solidity, ERC20 standards, building DApp with Golang, building DApp using Hyperledger, building PoCs with Hyperledger fabric, blockchain as a server, blockchain security and privacy. The text will serve as a useful text for senior undergraduate and graduate students in interdisciplinary areas including electronics and communications engineering, electrical engineering, computer science, and information technology.
Author: Saravanan Krishnan
Publisher: Academic Press
ISBN: 012820415X
Category : Science
Languages : en
Pages : 478
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Book Description
Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. Presents the evolution of blockchain, from fundamental theories, to present forms Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) Provides complete coverage of the various tools, platforms and techniques used in blockchain Explores smart contract tools and consensus algorithms Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery
Author: Imran Bashir
Publisher:
ISBN: 9781484281802
Category :
Languages : en
Pages : 0
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Book Description
This book is your comprehensive guide to understanding Blockchain and Blockchain consensus algorithms. It covers distributed systems, distributed consensus, and relevant system models. And you'll explore how classical and modern consensus algorithms work. The book also covers quantum consensus and explains the role that quantum computing plays in distributed systems. Consensus protocols allow participants in distributed systems to agree on a common value, despite faults. It's a fundamentally important construct in distributed systems. As a result of rigorous and ground-breaking research over the last four decades, many consensus mechanisms have been developed and are used in the industry today. However, with the advent of Blockchain technology, a renewed interest has arisen in this area, resulting in more research and innovation. The first Blockchain, Bitcoin, was invented in 2008 and introduced a novel consensus protocol called Nakamoto consensus, a solution to the Byzantine General's problem formulated almost 30 years ago. Since the introduction of Bitcoin, the interest in Blockchain and consensus protocols has risen exponentially. As a result, researchers from academia and industry have proposed many new consensus mechanisms. While fundamental goals and some techniques remain the same as established classical protocols, these modern protocols introduce innovative methods to achieve consensus in Blockchain. Some classical algorithms have been modified to make them suitable for Blockchain and some new protocols have been developed. This book is a detailed account of classical distributed consensus and Blockchain consensus algorithms. It explains why and how cryptocurrencies and Blockchain remain secure and decentralized without depending on a trusted third party. In addition, you'll learn how Blockchain can endure, even with hundreds or thousands of participants, out of which some might be malicious. The book introduces quantum consensus, which deals with the problem of reaching agreement in quantum networks and how to enhance classical results. What You Will Learn Understand distributed systems, distributed consensus, and relevant system models and protocols Understand Blockchain and Blockchain consensus algorithms Know how classical and modern consensus algorithms work Know the inner workings of Paxos, RAFT, PBFT, HotStuff, proof of work, proof of stake, GRANDPA, Casper, proof of history, and other consensus protocols Understand quantum Byzantine agreement and quantum consensus.
