Possibilities for applying blockchain technology – a survey
The blockchain technology has a potential to be applied in a variety of areas of our daily life. From the original Bitcoin cryptocurrency to the current smart contracts, the blockchain has been applied to many domains. Its numerous applications result in much ongoing research in different practical and scientific areas. This new technology is being seen as a revolutionary solution in finance, decentralization, trust, identity, data ownership and data-driven decisions. This paper presents the novel solutions associated with some of the big data areas that can be empowered by the blockchain technology such as healthcare, decentralized personal data protection, digital property, Internet of Things, digital identity, financial services and infrastructure, e-commerce, educational records, knowledge sharing, insurance, food industry, accounting, auditing and e-voting. Blockchain technology could be used in electronic health records and in the establishment and maintenance of birth registers, deaths, marriages, registration of business activities, but also in the organization of elections. The features of this technology can actually be the redefinition of Internet 3.0 defined as a new type of decentralized infrastructure or network of networks.
Satoshi Nakamoto (2008). “Bitcoin: A Peer-to-Peer Electronic Cash System”, https://bitcoin.org/bitcoin.pdf.
Dragana Tadić Živković (2018). “Blockchain technology: opportunity or a threat to the future development of banking”, Proceedings of Ekonbiz,
Swan M. (2015). “Blockchain: Blueprint for a new economy”, Retrieved from https://www.goodreads.com/-work/best_book/44338116-blockchain-blueprint-for-a-new-economy (accessed 07/09/2020).
Li Zhang, Yongping Xie, Yang Zheng, Wei Xue, Xianrong Zheng, Xiaobo Xu (2020). “The challenges and countermeasures of blockchain in finance and economics”, John Wiley & Sons, Ltd.
Iansiti, Marco, and Karim R. Lakhani (2017). "The truth about blockchain." Harvard Business Review 95.1, Jan https://hbr.org/2017/01/thetruth-about-blockchain, (accessed on Sep 07, 2020).
https://nvlpubs.nist.gov/nistpubs/ir/2018/NIST.IR.8202.pdf, accessed on Sep 07,2020.
Julija Basheska, Vladimir Trajkovik (2018). “Blockchain based Transformation in government: review of case studies”, ETAI.
Nick Szabo (1997). “The idea of smart contracts”. Nick Szabo’s Papers and Concise Tutorials.
J. Garay, A. Kiayias, and N. Leonardos (2015). “The Bitcoin Backbone Protocol: Analysis and Applications”, pp. 281-310, Springer Berlin Heidelberg.
A. Gervais, G. O. Karame, V. Capkun, and S. Capkun (2014). “Is bitcoin a decentralized currency?”, IEEE, Security Privacy, vol. 12, pp. 54-60.
Pinyaphat Tasatanattakool, Chian Techapanupreeda (2018). “Blockchain: Challenges and Applications”, 978-1-5386-2290-2/18/$31.00 ©IEEE.
Roderick Neame (2013). “Effective Sharing of Records and Maintaining Privacy”, Online Journal of Public Health Informatics, URL: https://ojphi.org/ojs/index.php/ojphi/article/view/4344/3725.
Tal Rapke, MD (2016). “Blockchain Technology & the Potential for Its Use in Healthcare,.
Nitesh Gupta, Anand Jha, and Purna Roy (2016). “Adopting Blockchain Technology for Electronic Health Record Interoperability”.
Elena Karafiloski (2017). “Blockchain Solutions for Big Data Challenges”, IEEE EUROCON.
Laure A. Linn, Martha B. Koo, M.D. (2016). “Blockchain For Health Data and Its Potential Use in Health IT and Health Care Related Research”.
Ariel Ekblaw, Asaph Azaria, John D. Halamka, MD, Andrew Lippman (2016). “A Case Study for Blockchain in Healthcare: “MedRec” prototype for electronic health records and medical research data”.
Guy Zyskind, Oz Nathan and Alex ’Sandy’ Pentland (2015). “Decentralizing Privacy: Using Blockchain to Protect Personal Data”, Security and Privacy Workshops (SPW), IEEE.
Antorweep Chakravorty and Chunming Rong (2017). “Ushare: user controlled social media based on blockchain”, International Conference on Ubiquitous Information Management and Communication.
Roy Rosenzweig (2001). “The Road to Xanadu: Public and Private Pathways on the History Web”, The Journal of American History, 88.2.
Trent McConaghy and David Holtzman (2015). “Towards an Ownership Layer for the Internet”, ascribe GmbH.
Dimitri de Jonghe (2016). “SPOOL Protocol”, https://github.com/ascribe/spool.
Trent McConaghy, Rodolphe Marques, Andreas Muller, Dimitri De Jonghe, T. Troy McConaghy, Greg McMullen, Ryan Henderson, Sylvain Bellemare, and Alberto Granzotto (2016). “BigchainDB: A Scalable Blockchain Database”, ascribe GmbH, Berlin, Germany.
The Guardian (2015). “PRS for Music takes legal action against SoundCloud streaming service” [Internet] URL: https://www.theguardian.com/technology/2015/aug/27/prs-for-music-takes-legal-action-against-soundcloud.
Christopher Hall, Casey Alt, Lê Quý Quốc Cường, and Sean Moss-Pultz (2016). “Bitmark: The property system for the digital environment”.
Tzu-Yun Lin, Yu-Chiang Frank Wang, Sean Moss-Pultz (2015). “ObjectMinutiae: Fingerprinting for Object Authentication”.
FTC Staff Report (2015). “Internet of Things: Privacy & Security in a Connected World”, [Internet] URL: https://www.ftc.gov/system/files/documents/reports/federal-trade-commission-staff-report-november-2013-workshop-entitled-internet-things-privacy/150127iotrpt.pdf.
Executive Report (2015). “Device democracy -Saving the future of the Internet of Things”, IBM Institute for Business Value.
Vitalik Buterin (2016). “A next generation smart contract & decentralized application platform”, Ethereum White Paper.
Christoph Jentzsch (2015). “Decentralized Autonomous Organization to Automate Governance”.
Ali Dorri, Salil S. Kanhere, and Raja Jurdak (2016). “Blockchain in Internet of Things: Challenges and Solutions”.
https://en.wikipedia.org/wiki/Digital_identity, last accessed 2020/03/17.
TechGenix (2018). “Blockchain technology: Why it will change the world”, [Internet], URL: http://techgenix.com/blockchain-technology, last accessed 2020/03/17.
Quora (2017). “How will blockchain impact accounting, auditing & finance?”, [Internet], URL: https://www.quora.com/How-will-blockchain-impact-accounting-auditing-finance, last accessed 2020/03/17.
Object Computing (2017). “8 ways blockchain is changing the world”, [Internet], URL: https://objectcomputing.com/news/2017/12/20/8-ways-blockchain-changing-world, last accessed 2020/12/09.
Blockchain Expo (2018). “How will blockchain impact the insurance sector?”, [Internet], URL: https://www.blockchain-expo.com/2018/02/blockchain/blockchain-insurance, last accessed 2020/03/17.
Forbes (2018). “3 Innovative Ways Blockchain Will Build Trust In The Food Industry”, [Internet], URL: https://www.forbes.com/sites/samantharadocchia/2018/04/26/3-innovative-ways-blockchain-will-build-trust-in-the-food-industry/#285bfa832afc, last accessed 2020/03/17.
Hacker Noon (2018). “How Blockchain Will Make Electronic Voting More Secure”, [Internet], URL: https://hackernoon.com/how-blockchain-will-make-electronic-voting-more-secure-fba15d752beeLNCS, last accessed 2020/03/17.
https://kripto-online.info/blockchain/sta-je-blockchain/, last accessed 2020/05/08.
https://www.axa.com/en/magazine/axa-goes-blockchain-with-fizzy, last accessed 2020/12/07.
Aleksandar Matanović, “Osnove kriptovaluta i blokčein tehnologije”, [Internet] URL: http://fzp.singidunum.ac.rs/demo/wp-content/uploads/Osnove-kriptovaluta-i-blok%C4%8Dein-tehnologije.pdf, last accessed 2020/12/07.
Gu, J.; Sun, B.; Du, X.; Wang, J.; Zhuang, Y.; Wang, Z. (2018). “Consortium blockchain-based malware detection inmobile devices”, IEEE.
Androulaki, E.; Barger, A.; Bortnikov, V.; Cachin, C.; Christidis, K.; De Caro, A.; Enyeart, D.; Ferris, C.;Laventman, G.; Manevich, Y.; et al. (2018). “Hyperledger fabric: A distributed operating system for permissioned blockchains”. In Proceedings of the Thirteenth EuroSys Conference ACM, Porto, Portugal, 23–26 April;pp. 1–15.
Hyperledger Burrow - Hyperledger. Available online: https://www.hyperledger.org/projects/hyperledger-burrow (accessed on 13 April 2020).
Domina Hozjan (2017). “Blockchain”, Sveučilište u Zagrebu Prirodoslovno–Matematički Fakultet matematički Odsjek, Zagreb.
Miroslav Minović (2017). “Blockchain technology: usage beside cripto currencies”. Available online: https://www.researchgate.net/publication/318722738
Dejan Vujicic, Dijana Jagodic, Siniša Ranđić (2018). “Blockchain technology, bitcoin, and Ethereum: A brief overview”, Available online: https://www.researchgate.net/publication/324791073
Mijoska M. and Ristevski B. (2020). “Blockchain Technology and its Application in the Finance and Economics”, 10th International Conference on Applied Information and Internet Technologies – AIIT 2020, October, Zrenjanin, Serbia.
https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/Innovation/deloitte-uk-blockchain-key-challenges.pdf, last accessed 2020/12/07
Holotiuk, F., Pisani, F., & Moormann, J. (2017). The impact of blockchain technology on business models in the payments industry. Wirtschaftsinformatik 2017 Proceedings. Retrieved from https://aisel.aisnet.org/wi2017-/track09/paper/6 (Website accessed 07.09.2020).
Crosman, P. (2017). “R3 to take on Ripple with cross-border payments blockchain”. American Banker; New York, N.Y. Retrieved from https://search-proquest-com.ucd.idm.oclc.org/docview/1957965453/ citation/F4C0367615-95447CPQ/1 (Website accessed 17/01/2018).
Syren Johnstone (2020). A Viral Warning for Change. COVID-19 Versus the Red Cross: Better Solutions Via Blockchain and Artificial Intelligence, University of Hong Kong Faculty of Law Research Paper No. 2020/005
This work is licensed under a Creative Commons Attribution 3.0 License.