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Distributed ledger technologies (DLTs) rely on distributed consensus mechanisms to reach agreement over the order of transactions and to provide immutability and availability of transaction data. Distributed consensus suffers from…
In this research, the evolution of Distributed Ledger Technology (DLT) in supply chains has been mapped from the inception of the technology until June 2020, utilising primarily public data sources. Two hundred seventy-one blockchain…
As artificial intelligence (AI) systems become increasingly integral to critical infrastructure and global operations, the need for a unified, trustworthy governance framework is more urgent that ever. This paper proposes a novel approach…
Payment Channel Networks (PCNs) have been proposed as an alternative solution to the scalability, throughput, and cost overhead problems associated with blockchain transactions. By facilitating offchain execution of transactions, PCNs…
We introduce blockchains and distributed ledgers and describe their potential applications to money and banking. The analysis compares public and private ledgers and outlines the suitability of various types of ledgers for different…
The pervasive need to safely share and store information between devices calls for the replacement of centralized trust architectures with the decentralized ones. Distributed Ledger Technologies (DLTs) are seen as the most promising enabler…
Distributed Ledger Technology (DLT) is promising to become the foundation of many decentralised systems. However, the unbalanced and unregulated network layout contributes to the inefficiency of DLT especially in the Internet of Things…
The Internet of Things (IoT) and Distributed ledger technology (DLT) have significantly changed our daily lives. Due to their distributed operational environment and naturally decentralized applications, the convergence of these two…
With the increase of web users and applications with real time requests, the ability to identify, track and trace elements of a product as it moves in the supply chain is deemed necessary, and for many industries is even mandated by…
Public blockchains inherently offer low throughput and high latency, motivating off-chain scalability solutions such as Payment Channel Networks (PCNs). However, existing PCNs suffer from liquidity fragmentation-funds locked in one channel…
Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…
Blockchain and other distributed ledger technologies have enabled peer-to-peer networks to maintain ledgers with an immutable history and guaranteed computation, all carried out without the need of trusted parties. In practice, few…
Blockchain is a form of distributed ledger technology (DLT) where data is shared among users connected over the internet. Transactions are data state changes on the blockchain that are permanently recorded in a secure and transparent way…
The emergence of distributed ledger technology (DLT) based upon a blockchain data structure, has given rise to new approaches to identity management that aim to upend dominant approaches to providing and consuming digital identities. These…
Cyberthreat intelligence sharing is a critical aspect of cybersecurity, and it is essential to understand its definition, objectives, benefits, and impact on society. Blockchain and Distributed Ledger Technology (DLT) are emerging…
Distributed Ledger Technology (DLT) is a shared, synchronized and replicated data spread spatially and temporally with no centralized administration and/or storage. Each node has a complete and identical set of records. All participants…
The most essential component of every Distributed Ledger Technology (DLT) is the Consensus Algorithm (CA), which enables users to reach a consensus in a decentralized and distributed manner. Numerous CA exist, but their viability for…
Current blockchain technologies provide very limited interoperability. Restrictions with regards to asset transfers and data exchange between different blockchains reduce usability and comfort for users, and hinder novel developments within…
In this chapter we provide an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets. In…
Blockchain technology is among the fastest-growing technologies in the world today. It has been adopted in diverse areas but mostly in financial systems, such as Bitcoin cryptocurrency. Therefore, it is a niche that has attracted interest…