Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
The term 'blockchain' describes a technical concept, which records data in a predetermined way on the different systems of all associated users in a cryptographic mode. This procedure is a revolutionary technology for business models in different fields. Currently, many enterprises are searching for feasible applications and the implementation of this new technology. In order to take advantage of these applications, it is important to understand the underlying principles and implications. The scientific purpose of this paper is twofold: firstly, to explain selected characteristics of the blockchain principle to understand the advantages for its application in transaction processes; and secondly, to show concrete possibilities for its application related to transaction activities. For this reason, particular areas of transaction-based processes in sales and procurement will be shown and explained. The methodology is analytical and theoretical. Based on statistical data, the expectations and requirements of users will be matched with blockchain characteristics. It can be deduced that the most important requirements pertaining to efficiency and cost reduction as well as security and trust can be fulfilled by using blockchain. The theoretical foundation leads to conceptual considerations of a deductive approach to application possibilities, though the question of research into the possibilities of broadening blockchain technology to encompass transaction-based business activities in general will be answered. (original abstract)
Czasopismo
Rocznik
Tom
Strony
25--40
Opis fizyczny
Twórcy
autor
- University of Applied Sciences, Ingolstadt, Germany
autor
- University of Applied Sciences, Ingolstadt, Germany
Bibliografia
- Abeyratne, S.A., Monfared, R.P. (2016), Blockchain ready manufacturing supply chain using distributed ledger, International Journal of Research in Engineering and Technology, 5 (9), 1-10. DOI:10.15623/ijret.2016.0509001
- Asharaf, S., Adarsh S. (2017), Decentralized computing using blockchain technologies and smart contracts: emerging research and opportunities (1st edition), Kerala: IGI Global.
- Asolo, B. (2018), What is SHA-256 and how is it related to bitcoin?, available at: https://www.mycryptopedia.com/sha-256-relatedbitcoin/ (accessed 18 November 2019).
- Babich, V., Hilary, G. (2018), Distributed ledgers and operations: What operations management researchers should know about blockchain technology, SSRN Electronic Journal, 1-38. DOI:10.2139/ssrn.3131250
- BearingPoint (2018), Blockchain für die Chemie-, Life Sciences- und Resources-Industrie. Studie, available at: https://www.bearingpoint.com/de-de/unser-erfolg/insights/blockchain-fuer-diechemie-life-sciences-und-resources-industrie/ (accessed 18 November 2019).
- Berg, C., Davidson, S., Potts, J. (2017), Blockchains Industrialise Trust, Nov. 2017, SSRN, DOI:10.2139/ssrn.3074070
- Bitkom e.V. (2016), Blockchain
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171600665