Blockchain Technology Applications in Businesses and Organizations
Blockchain technology has the ability to disrupt industries and transform business models since all intermediaries and stakeholders can now interact with little friction and at a fraction of the current transaction costs. Using blockchain technology, firms can undergo new applications and processes by pursuing transparency and control, low bureaucracy, trustless relationships, high standards of responsibility, and sustainability. As a result, business and organizations can successfully implement blockchain to grant transparency to consumers and end-users; remove challenges linked to pollution, frauds, human rights, abuse, and other inefficiencies; as well as guaranteed traceability of goods and services by univocally identifying the provenance inputs’ quantity and quality along with their treatment and origin. Blockchain Technology Applications in Businesses and Organizations reveals the true advantages that blockchain entails for firms by creating transparent and digital transactions, resolves conflicts and exceptions, and provides incentive-based mechanisms and smart contracts. This book seeks to create a clear understanding of blockchain’s applications such that business leaders can see and evaluate its real advantages.
Blockchain is then analyzed not from the typical perspective of financial tools using cryptocurrencies and bitcoins but from the perspective of the business advantages for business and organizations. Specifically, the book highlights the advantages of blockchain across different segments and industries by analyzing specific aspects like procurement, manufacturing, contracts, inventory, logistics, operations, sustainability, technology, and innovation. It is an essential reference source for managers, executives, IT specialists, students, operations managers, supply chain managers, project managers, technology managers, academicians, and researchers.
Cover Title Page Copyright Page Book Series Mission Coverage Preface TARGET AUDIENCE BLOCKCHAIN WITH ORACLES, TOKENS, AND SMART CONTRACTS BOOK ORGANIZATION IMPACT ON THE FIELD AND CONTRIBUTIONS REFERENCES Acknowledgment Chapter 1: How Genuino Applies Blockchain Technology in the Collectibles Industry ABSTRACT INTRODUCTION AN OVERVIEW OF THE COLLECTIBLES INDUSTRY THE GENUINO CASE STUDY GENUINO’S CERTIFICATION PROCESS BLOCKCHAIN AND OTHER TECHNOLOGIES CASE DISCUSSION EMERGING TREATS AND OPPORTUNITIES THROUGH BLOCKCHAIN CONCLUSION REFERENCES Chapter 2: Blockchain Application to the SMEs in the Food Industry ABSTRACT INTRODUCTION INDUSTRY, SECTORAL DATA, PROBLEMS, AND OPPORTUNITIES HOW BLOCKCHAIN COULD HELP SOLVING THESE PROBLEMS APIO HISTORY AND MILESTONE TRUSTY: WHAT IS IT AND HOW IT WORKS TRUSTY APPLICATION EXAMPLE: PASTIFICIO MANCINI STRENGTHS AND OPPORTUNITIES THREATS AND WEAKNESSES CONCLUSION REFERENCES Chapter 3: Blockchain Adoption in the Winery Industry ABSTRACT INTRODUCTION LITERATURE REVIEW CASE STUDY: CANTINA PLACIDO-VOLPONE CONCLUSION REFERENCES Chapter 4: A Milk Blockchain-Enabled Supply Chain ABSTRACT INTRODUCTION BACKGROUND MAIN FOCUS OF THE CHAPTER SOLUTIONS AND RECOMMENDATIONS FUTURE RESEARCH DIRECTIONS CONCLUSION ACKNOWLEDGMENT REFERENCES ENDNOTES Chapter 5: Application of Blockchain in the Saffron Industry ABSTRACT INTRODUCTION LITERATURE REVIEW RESEARCH METHODOLOGY REFERENCES Chapter 6: Blockchain in the Biopharmaceutical Industry ABSTRACT ORGANIZATION BACKGROUND SETTING THE STAGE CASE DESCRIPTION CURRENT CHALLENGES FACING THE ORGANIZATION SOLUTIONS AND RECOMMENDATIONS ACKNOWLEDGMENT REFERENCES Chapter 7: Blockchain Tokenisation in Grant Management ABSTRACT INTRODUCTION BACKGROUND THE GRANT MANAGEMENT PROCESS TOKENISING GRANT MANAGEMENT GRANT MANAGEMENT CHALLENGES AND BLOCKCHAIN SOLUTIONS: A CASE STUDY FUTURE RESEARCH DIRECTIONS CONCLUSION FUNDING REFERENCES ADDITIONAL READING KEY TERMS AND DEFINITIONS Chapter 8: How ENI Can Improve Procurement Through Blockchain Technology ABSTRACT INTRODUCTION THE CASE OF ENI THE PROCUREMENT PROCESS AT ENI IMPROVEMENT OPPORTUNITIES THROUGH BLOCKCHAIN DATA PROCESSING AND BLOCKCHAIN POTENTIAL USE OF BLOCKCHAIN TECHNOLOGY BLOCKCHAINS PLATFORMS CHOICE BLOCKCHAIN IMPLEMENTATION COSTS ESTIMATION BLOCKCHAIN BENEFITS AND CHALLENGES RECOMMENDATIONS CONCLUSION REFERENCES Chapter 9: Smart Metering Systems ABSTRACT INTRODUCTION LITERATURE REVIEW AND METHODOLOGY USED BLOCKCHAIN IN SUPPORT OF THE THREE BOTTOM LINES CRITICAL SUCCESS FACTORS BUSINESS CASE: SMART METERING SYSTEMS FINDINGS CONCLUSIONS FUTURE RESEARCH DIRECTIONS ACKNOWLEDGMENT REFERENCES ADDITIONAL READING KEY TERMS AND DEFINITIONS Chapter 10: Trends in Blockchain Technologies ABSTRACT INTRODUCTION LITERATURE BACKGROUND PATENT ACTIVITY ON BLOCKCHAIN TECHNOLOGY: A BIBLIOMETRIC ANALYSIS DATA ANALYSIS SOLUTIONS AND RECOMMENDATIONS FUTURE RESEARCH DIRECTIONS CONCLUSION REFERENCES Chapter 11: Beyond Scattered Applications ABSTRACT INTRODUCTION BACKGROUND METHODOLOGY BLOCKCHAIN INITIATIVES TAXONOMY OF BLOCKCHAIN OUTCOMES DISCUSSION AND IMPLICATIONS CHALLENGES, LIMITATIONS AND FUTURE RESEARCH DIRECTIONS CONCLUSION REFERENCES ADDITIONAL READING KEY TERMS AND DEFINITIONS Compilation of References About the Contributors
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