• Title/Summary/Keyword: Blockchain technology utilization

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Blockchain Technology and Utilization Schemes in Tactical Communication Network

  • Yoo, In-Deok;Lee, Woo-Sin;Kim, Hack-Joon;Jin, So-Yeon;Jo, Se-Hyeon
    • Journal of the Korea Society of Computer and Information
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    • v.23 no.12
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    • pp.49-55
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    • 2018
  • In this paper, we propose schemes of blockchain utilization in tactical communication environment. The military tactical communication environment has similar characteristics with blockchain network such as distributed architecture, decentralization, and the need for data integrity. A communication node constituting a tactical communication network is constituted by a system capable of configuring and connecting a network for each node. When a communication node, having such capabilities, is configured as a node of blockchain network, various functions could be performed. In this paper, we propose utilization schemes of authentication, integrity, record management, and privilege control based blockchain technology. Functions for authentication, integrity verification, and record management need to ensure the stored data and could track history. The requirement of function's characteristics are matched to blockchain which is storing data sequentially and difficult to hack data, so that it could perform functionally and sufficiently well. Functions for authority control should be able to assign different privileges according to the state of the requestor. Smart contract will function when certain conditions are satisfied and it will be able to perform its functions by using it. In this paper, we will look over functions and utilization schemes of blockchain technology which could reliably share and synchronize data in a tactical communication environment composed of distributed network environment.

Topic Analysis Using Big Data Related to 'Blockchain usage': Focused on Newspaper Articles ('블록체인 활용' 관련 빅데이터를 활용한 토픽 분석: 신문기사를 중심으로)

  • Kim, Sungae;Jun, Soojin
    • Journal of Industrial Convergence
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    • v.18 no.1
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    • pp.73-78
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    • 2020
  • To analyze the main topics related to the use of blockchain technology, the Topic Modeling Technique was applied to the 'Blockchain Technology Utilization' big data shown in newspaper articles. To this end, from 2013 to 2019, when newspaper articles on the use of blockchain technology first appeared, the topics were extracted from 21 newspapers and analyzed by time to 15,537 articles. As a result of the analysis, articles related to the utilization of blockchain technology have increased exponentially since 2015 and focused on IT_science and economics. Key words related to cryptocurrency, bitcoin and virtual currency were weighted high, although they differed depending on time. Blockchain technology, which had focused on financial transactions, gradually expanded to big data, Internet of Things and artificial intelligence. As a result, changes in corporate topics were also made together to expand into various fields at banks for financial transactions, focusing on large and global companies. The study showed how these topics were changing, along with the main topics in newspaper articles related to the use of blockchain technology.

A Study on Adoption and Policy Direction of Blockchain Technology in Financial Industry (금융분야의 블록체인기술 활용과 정책방향에 관한 연구)

  • Park, Jeong Kuk;Kim, Injai
    • Journal of Information Technology Services
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    • v.16 no.2
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    • pp.33-44
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    • 2017
  • The financial industry recently introduces several issues for utilizing the blockchain technology as the core infrastructure of future finance. Blockchain, first introduced as the underlying technology of Crypto-currencies, Bitcoin is a technology that can ensure the integrity and reliability of data by verifying, recording, and storing data jointly in the network without a central administration organization or a manager. This blockchain has its potential power as a technology for issuing digital currencies, providing transparency, and securing record management, that is expected to be useful in the financial sector. At the same time, considering the characteristics of financial transactions which emphasize privacy, questions are raised about whether a blockchain structure in which information is distributed and shared among participants can be successful. How will we support to implement the potential of the blockchain in order to change the paradigm of the financial industry? How can we manage the side effects of blockchain effectively? Such a policy discussion is necessary. This study introduces the meaning of the blockchain technology, various utilization attempts, and possible problems facing technology from the viewpoint of financial industry, and suggests a policy direction for utilizing this technology as a catalyst to the progress of the financial industry or as a new technology power.

A Study on the Acceptance Intention and Usage Behavior of Blockchain Technology : From the Perspective of Unified Theory of Acceptance and Use of Technology (통합기술수용이론 관점에서 블록체인기술의 사용자 수용과 이용 행동에 관한 연구)

  • Kim, Byung-Gon;Lee, Byeong-Gil;Yoon, Il-Ki
    • Journal of Information Technology Applications and Management
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    • v.27 no.3
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    • pp.1-18
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    • 2020
  • Recently, following the development of FinTech technology that combines finance and information and communication technology, the need and social demands for a block chain technology-based trading system have increased significantly. In this study, a research model was developed and hypothesized through literature research on the concept of block chain technology, the technology acceptance model, and the unified theory of acceptance and use of technology. The research theories were tested by collecting data through surveys and analyzing the collected data. This study conducted empirical research to identify the factors influencing the user acceptance intention and utilization behavior of the block chain technology in introducing the block chain technology. First, factors affecting the acceptance intention of the blockchain user were performance expectation, effort expectation, social impact, and blockchain transparency variables. Second, the facilitation conditions and stakeholder confidence variables were analyzed as factors that did not affect the acceptability of the blockchain users. Third, variables such as blockchain transparency, stakeholder trust and intention of acceptance are factors that affect the usage behavior of the blockchain. Fourth, it was confirmed that the acceptance intention had a very high explanatory power on usage behavior of Blockchain technology.

A Study on the Current Status and Performance of OTP Utilization of Blockchain Technology (블록체인 기술의 OTP 활용 현황과 성능에 관한 연구)

  • Lee, Deok Gyu
    • KIPS Transactions on Computer and Communication Systems
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    • v.10 no.2
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    • pp.47-52
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    • 2021
  • As blockchain technology develops, encryption for blockchain blocks is also becoming more important. Encryption in the blockchain is used to secure the identity of the person who created the transaction and to prevent manipulation of information in the past block. However, increasing the security of encryption decreases the speed of block creation, one of the biggest drawbacks of the blockchain. Therefore, in this paper, we propose a method to minimize the performance of the current OTP and the degradation of the blockchain by comparing the status and performance of OTP used in the blockchain.

Proposal of Performance Analysis Model for Blockchain-based Database System (블록체인 기반 데이터베이스 성능 분석 모델에 대한 제안)

  • Je-Ho Park
    • Journal of the Semiconductor & Display Technology
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    • v.22 no.2
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    • pp.45-49
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    • 2023
  • When blockchain technology, which shows various applicability, is utilized as a component of a database system, the characteristics of open verification and integrity/transparency of blockchain technology can bring new functionalities or enhanced results to the existing database system. However, when applying this blockchain technology to a database system, the cost versus expected effect in various performance perspectives must be evaluated. These costs include execution time and required storage space, and the performance of the converged system may vary in analysis method depending on the configuration method of the characteristics of the blockchain. This paper aims to propose an analysis model for the entire architecture by considering aspects that are not considered in the performance analysis models of database systems and the unique characteristics of blockchains. In doing so, we are trying to build a theoretical framework as an important conceptual technique that should be considered in the evaluation process of the performance results that can be obtained through the utilization of blockchain components in database systems. What we hope is that this work is expected to provide a useful foundation for researchers interested in the convergence of database systems and blockchain technology in order to construct a system with new future functionalities.

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Prospect Analysis for Utilization of Virtual Assets using Blockchain Technology

  • Jeongkyu Hong
    • Journal of information and communication convergence engineering
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    • v.22 no.1
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    • pp.64-69
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    • 2024
  • Blockchain is a decentralized network in which data blocks are linked. Through a decentralized peer-to-peer network, users can create shared databases, resulting in a trustworthy and aggregated database known as a blockchain that enhances reliability and security. The distributed nature of the blockchain enables data to be stored on multiple nodes, eliminating the need for a central server or platform. This disintermediation significantly reduces the transaction and administrative costs. The blockchain is particularly valuable in applications where reliability and stability are critical because it establishes an open database that ensures data integrity, making it virtually impossible to tamper with or falsify data. This study explores the diverse applications of the blockchain technology in virtual assets, such as cryptocurrency, decentralized finance, central bank digital currency, nonfungible tokens, and metaverses. In addition, it analyzes the potential prospects and developments driven by these innovative technologies.

Application of Blockchain Technology to Verify Reliability of Life Cycle BIM Model for Civil Engineering Project (블록체인기술을 활용한 토목공사 생애주기 BIM 모델의 신뢰성 확보 방안)

  • Lee, Jaehee;Moon, Hyounseok;Kang, Leenseok
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.1
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    • pp.116-124
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    • 2021
  • As the utilization of the BIM model increases in the design and construction stages of a construction project, the utilization of BIM in the maintenance stage can also increase. In the maintenance stage, BIM objects created in the design and construction stages that have already been completed are used. Therefore, it is necessary to verify the reliability of whether the used BIM object is a certified model created in the design stage. In particular, the reliability of the BIM model becomes more important in a project such as railway facilities composed of various construction activities with civil engineering, architecture, electricity, signal, and track work. This study proposes a methodology of using blockchain technology as a way to secure the reliability of the BIM model used in the maintenance phase, and constructs the block structure and detailed process for applying the blockchain technology to BIM. In addition, by applying this process to the BIM model of an actual facility to generate a block, it was confirmed that the blockchain technology can be used as a tool to secure the reliability of the BIM model.

Design and Implementation of a Personal Health Record Platform Based on Patient-consent Blockchain Technology

  • Kim, Heongkyun;Lee, Sangmin;Kwon, Hyunwoo;Kim, Eunmin
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.15 no.12
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    • pp.4400-4419
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    • 2021
  • In the 4th Industrial Revolution, the healthcare industry is undergoing a paradigm shift from post-care and management systems based on diagnosis and treatment to disease prevention and management based on personal precision medicine. To optimize medical services for individual patients, an open ecosystem for the healthcare industry that allows the exchange and utilization of personal health records (PHRs) is required. However, under the current system of hospital-centered data management, it is difficult to implement the linking and sharing of PHRs in practice. To address this problem, in this study, we present the design and implementation of a patient-centered PHR platform using blockchain technology. This platform achieved transparency and reliability in information management by eliminating the risk of leakage and tampering/altering personal information, which could occur when using a PHR. In addition, the patient-consent system was applied to a PHR; thus, the patient acted as the user with ownership. The proposed blockchain-based PHR platform enables the integration of personal medical information with scattered distribution across multiple hospitals, and allows patients to freely use their health records in their daily lives and emergencies. The proposed platform is expected to serve as a stepping stone for patient-centered healthcare data management and utilization.

A Hybrid Blockchain-Based Approach for Secure and Efficient IoT Identity Management

  • Abdulaleem Ali Almazroi;Nouf Atiahallah Alghanmi
    • International Journal of Computer Science & Network Security
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    • v.24 no.4
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    • pp.11-25
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    • 2024
  • The proliferation of IoT devices has presented an unprecedented challenge in managing device identities securely and efficiently. In this paper, we introduce an innovative Hybrid Blockchain-Based Approach for IoT Identity Management that prioritizes both security and efficiency. Our hybrid solution, strategically combines the advantages of direct and indirect connections, yielding exceptional performance. This approach delivers reduced latency, optimized network utilization, and energy efficiency by leveraging local cluster interactions for routine tasks while resorting to indirect blockchain connections for critical processes. This paper presents a comprehensive solution to the complex challenges associated with IoT identity management. Our Hybrid Blockchain-Based Approach sets a new benchmark for secure and efficient identity management within IoT ecosystems, arising from the synergy between direct and indirect connections. This serves as a foundational framework for future endeavors, including optimization strategies, scalability enhancements, and the integration of advanced encryption methodologies. In conclusion, this paper underscores the importance of tailored strategies in shaping the future of IoT identity management through innovative blockchain integration.