• Journal of the Semiconductor & Display Technology
• /
• v.23 no.2
• /
• pp.45-49
• /
• 2024

Blockchain has gone beyond the proof-of-concept level and is converging with various industries and fields, moving toward the service development and commercialization stage. However, although various blockchain technologies and services are emerging, their development is quite slow and their widespread application to various industries is difficult. Accordingly, it is necessary to identify areas with high introduction utility when applying blockchain services in actual industries and to develop a method to evaluate the utility of blockchain services for this purpose. This paper proposes a framework for evaluating the utility of blockchain services using a multi-criteria decision-making model. Through a case study on the utility evaluation of blockchain services, the proposed framework was applied to domestic and foreign blockchain services to evaluate its utility and verify its applicability. It is expected that the proposed framework will be able to identify industrial and functional characteristics where actual blockchain services can be introduced and demonstrate effective utility and can be used to develop blockchain services in various industrial fields.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• v.14 no.9
• /
• pp.3615-3638
• /
• 2020

Node identity authentication is an essential means to ensure the security of the Internet of Things. Existing blockchain-based IoT node authentication schemes have many problems. A heterogeneous IoT node authentication scheme based on an improved hybrid blockchain is proposed. Firstly, the hybrid blockchain model is designed to make the blockchain and IoT environment more compatible. Then the proxy node selection mechanism is intended to establish a bridge between the ordinary IoT node and the blockchain, building by calculating the trust value between nodes. Finally, based on the improved hybrid blockchain, the node authentication scheme of the model and proxy node selection mechanism establishes a secure connection for communication between nodes. Safety and performance analysis shows proper safety and performance.

• International Journal of Computer Science & Network Security
• /
• v.23 no.5
• /
• pp.109-120
• /
• 2023

With the increasing interest in blockchain technology and its employment in diverse sectors and industries, including: finance, business, voting, industrial and many other medical and educational applications. Recently, the blockchain technology has played significant role in preventing fraud transactions in accounting systems, as the blockchain offers high security measurements, reduces the need for centralized processing, and blocks access to the organization information and system. Therefore, this paper studies, analyses, and investigates the adoption of blockchain technology with accounting systems, through analyzing the results of several research works which have employed the blockchain technology to secure their accounting systems. In addition, we investigate the performance of applying the deep learning and machine learning approaches for the purpose of fraud detection and classification. As a result of this study, the adoption of blockchain technology will enhance the safety and security of accounting systems, through identifying and classifying the possible frauds that may attack the accounting and business organizations.

• Journal of Contemporary Eastern Asia
• /
• v.18 no.2
• /
• pp.1-8
• /
• 2019

The blockchain is still new and unfamiliar. But blockchain appears to shake an entire technology innovation system. Blockchain is rapidly drawing attention in that it will be able to fundamentally revolutionize industry ecosystem. While cryptocurrency transactions and market capitalization have been popular in mass media, several platform operators in non-cryptocurrency areas such as jewelry, social networks, and entertainment, are also moving to introduce blockchain technology in full swing. In this brief note, we intend to present integrated theoretical strands to summarize various prospects for blockchain technology. Further, we want to provide a reflection as to whether this new technology gives opportunities, challenges, or risks to future society. Particularly, we point out one of its alternative and promising adoption that gives way to new forms of decentralized and autonomous organizations (DAOs).

• Journal of information and communication convergence engineering
• /
• v.19 no.1
• /
• pp.8-15
• /
• 2021

The Fourth Industrial Revolution is currently leading humanity into a super-connected, super-intelligent, and super-converged society through key technologies such as artificial intelligence, the Internet of Things (IoT), and big data. Blockchain technology has the potential to lead social innovation that will improve the mutual harmony and understanding of the complex structures of human society as well as various phenomena (e.g., antagonism, confrontation, and ideological conflict). With such progress in social innovation, blockchain technology will result in a fairer and more transparent human society. In addition, blockchain technology is emerging as a core infrastructure technology, and its growth and expansion are expected to bring about revolutionary improvements to nearly all fields of development and research. In this paper, we briefly outline the main features of blockchain technology. Through a further analysis of its ecosystem, we intend to offer suggestions for a more robust and efficient development of blockchain-related industries.

• Journal of Navigation and Port Research
• /
• v.44 no.2
• /
• pp.79-87
• /
• 2020

In the field of logistics, the maritime shipping industry plays a critical role as the backbone of global trade activities. Nevertheless, previous studies on the commercialization and benefits of blockchain technology are limited in the field of marine logistics. Thus, the purpose of this study was to predict the benefit for each group involved in marine logistics when blockchain technology is applied. As such, 21 factors of benefits were selected for seven major logistics groups (financial institutions, freight forwarders, inland transportation, ocean carriers, port operators, port-related government authorities, and shippers) to study the benefit expected for each through the commercialization of blockchain technology. Based on the results, a different benefit level is expected for each group when blockchain technology is used. In order, ocean carriers (0.155), inland transportation (0.150), financial institutions (0.153), port operators (0.145), freight forwarders (0.142), port-related government authorities (0.129), and shippers (0.126) were found to benefit most from the use of blockchain technology. This study has industrial implications in that it presents the benefits expected when blockchain technology is realized and used in marine logistics by groups involved in logistics transactions.

• Journal of the Semiconductor & Display Technology
• /
• v.22 no.2
• /
• pp.45-49
• /
• 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.

• Journal of Practical Engineering Education
• /
• v.15 no.1
• /
• pp.133-142
• /
• 2023

This study aims to examine how blockchain technology is currently being applied in various fields, as well as the methods and limitations involved in constructing blockchain, and to gauge the potential future of blockchain technology. The success or realization of the technology's applications will depend on how quickly certain technical challenges can be overcome. This paper emphasizes that with the advancement of blockchain technology, when transparency and reliability are improved, it will become a significant force in changing not only the industrial sector but also the economic and political domains. Even if the problem awareness demonstrated by blockchain technology cannot be the most effective solution for solving real-world problems, the framework it presents will provide a significant window for us to understand the problems we face in reality.

• Journal of Information Technology Services
• /
• v.16 no.2
• /
• pp.1-20
• /
• 2017

A bitcoin-based technology named blockchain is garnering attention in various industries as a cost-effective measure in strengthening security and a reliable technology medium. Blockchain technology will play a critical role in the Fourth Industrial Revolution, and IT technology is expected to bring fundamental changes. This study focuses on the characteristics of blockchain technology and the effects of the intention to accept its technology in an empirical manner. The aspects of the technology are organized by researching blockchain technology and theories of technology acceptability and previous studies were used as guidelines to create the research model and propose the hypothesis. The research model is based on UTAUT with a set-up of 5 factors for performance expectancy and effort expectancy. For empirical analysis, a survey was conducted on 283 IT workers in Korea, To examine the hypothesis structural equation modeling was used performance expectancy was influenced by security, reliability, diversity, and economic efficiency while effort expectancy was influenced by reliability and economic efficiency. Performance expectancy, social influence, facilitating conditions affect the intention to accept. Innovativeness of an organization and control effects are influenced as well. The present study aims to provide practical guidance as supplementary research in utilizing blockchain technology, and the limitations of the study and future research possibilities are discussed as well.

• Journal of Software Assessment and Valuation
• /
• v.17 no.2
• /
• pp.19-29
• /
• 2021

Blockchain technology fulfills the reliance requirement and is now entering a new stage of performance. However, the current blockchain technology has significant disadvantages in scalability and latency because of its architecture. Therefore, to adopt blockchain technology to real industry, we must overcome the performance issue by redesigning blockchain architecture. This paper introduces several element technologies and a novel blockchain architecture TPAC, that preserves blockchain's technical advantage but shows more stable and faster transaction processing performance and low latency.