• Title/Summary/Keyword: Blockchain Trend

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The Trend of Blockchain in Vietnam and Its Implications for ROK

  • Cho, Hanbum (Albert);Choi, Jack;Nguyen, Huy-Nam;Nguyen, Thi-Hong
    • Journal of Multimedia Information System
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    • v.8 no.3
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    • pp.197-202
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    • 2021
  • Bitcoin and blockchain are often making headlines not only on TV or media but also among the public in today's society. These technologies have been developed after the risk of the centralized financial system came to the fore during the 2007 global financial crisis. Since then, an anonymous inventor called Satoshi Nakamoto penned the bitcoin white paper where a blockchain-based reference implementation was introduced. Bitcoin was able to achieve unprecedented growth by positioning itself as one of the top global currencies in terms of market capitalization after five years since its development. The pace of Vietnam's economic development is notably fast among Asian nations, while the nation was expected to be a Southeast Asian blockchain hub but they have banned virtual currency trading recently. However, they've also designated the State Bank of Vietnam (SBV) as a responsible agency for the research of blockchain-based cryptocurrencies, the construction of a service ecosystem, and their test operations. The fast-growing economy, increasing number of smartphone users, and the Vietnam government's support policies for startups substantiate these efforts. Therefore, this paper attempts to study the current status of Vietnam's blockchain technology that has been considered to be the center of blockchain systems right behind Singapore, and its implications for Korean companies.

Research Trend on Blockchain-based IoT Using Keyword Frequency and Centrality Analysis : Focusing on the United States, United Kingdom, Korea (키워드 빈도와 중심성 분석을 활용한 블록체인 기반 사물인터넷 연구 동향 : 미국·영국·한국을 중심으로)

  • Lee Taekkyeun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.20 no.1
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    • pp.1-15
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    • 2024
  • This study aims to analyze research trends in blockchain-based Internet of Things focusing on the US, UK, and Korea. In Elsevier's Scopus, we collected 2,174 papers about blockchain-based Internet of Things published in from 2018 to 2023. Keyword frequency and centrality analysis were conducted on the abstracts of the collected papers. Through the obtained keyword frequencies, we tried to identify keywords with high frequency of occurrence and through centrality analysis, we tried to identify central research keywords for each country. As a result of the centrality analysis, research on blockchain, smart contracts, Internet of Things, security and personal information protection was conducted as the most central research in each country. The implication for Korea is that cybersecurity, authentication research appears to have been conducted with a lower centrality compared to the United States and the United Kingdom. Thus, it seems that intensive research related to cybersecurity and authentication is needed.

Legal System of Blockchain and Domestic and Foreign Blockchain Legal System - Focusing on Industrial Revitalization - (블록체인의 법률체계와 국내외 블록체인 법제 현황 -산업 활성화를 중심으로-)

  • An, Myeonggu;Park, Yongsuk
    • Journal of Digital Convergence
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    • v.17 no.10
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    • pp.67-75
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    • 2019
  • As 4th industrial revolution has emerged as a hot topic, the blockchain technology capable of enabling super intelligence as a premiere has been an attracting attention. With the interest in blockchains, various platforms using blockchains are emerging. Reflecting this trend, several countries including US, EU, China, and Japan are preparing blockchain and related laws or amending existing laws. In Korea, the platform business based on blockchain is being done, but the related laws are insufficient. In this study, we first present the legal system of the blockchain, examine each component, and then compare the current state of the legal system in US, EU, China, and Japan based on the blockchain legal system. Finally, we propose a brief improvement plan of the legal system for industrial development by commercialization of blockchain. In the future, we would like to study the individual legal system about the blockchain.

Artificial Intelligence and Blockchain Convergence Trend and Policy Improvement Plan (인공지능과 블록체인 융합 동향 및 정책 개선방안)

  • Yang, Hee-Tae
    • Informatization Policy
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    • v.27 no.2
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    • pp.3-19
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    • 2020
  • Artificial intelligence(AI) and blockchain are developing as the core technology leading the Fourth Industrial Revolution. However, AI is still showing limitations in securing and verifying data and explaining the evidence for the results, and blockchain also has some drawbacks such as excessive energy consumption and lack of flexibility in data management. This study analyzed technological limitations of AI and blockchain and convergence trends to overcome them, and finally suggested ways to improve Korea's related policies. Specifically, in terms of R&D reinforcement, we proposed 1) mid- and long-term AI /blockchain convergence research at the national level and 2) blockchain-based AI data platform development. In terms of creating an innovative ecosystem, we also suggested 3) development of AI/blockchain convergence applications by industry, and 4) Start-up support for developing AI/blockchain convergence business models. Lastly, in terms of improving the legal system, we insisted that 5) widening the application of regulatory sandboxes and 6) improving regulations related to privacy protection is necessary.

An Exploratory Study on the Factors Determining Acceptance of Blockchain-Based Financial Platform by Gender (블록체인 기반 금융 플랫폼의 성별 수용의도 결정요인에 관한 탐색 연구)

  • Kim, Si-Wook;Park, Hyeon-Suk
    • Journal of Digital Convergence
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    • v.18 no.3
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    • pp.139-147
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    • 2020
  • In the fourth revolution resulting from ICT convergence, Blockchain-based platform is being applied to various fields. This trend is expected to become stronger in the future. This study aims to explore several factors pertaining to user acceptance of Blockchain-based financial platform. It is important for finance business managers and blockchain technical managers to verify the user's willingness to accept the blockchain. In this study, the factors determining the acceptance of blockchain-based platform we explore are innovation, convenience, security and preference. Based on the results of the survey, 465 users(male 262, female 212) completed the questionnaire, a structural equation analysis was used in order to analyze the blockchain's users acceptance framework. Through the results we were able to identify and validate the differences in innovation and convenience by gender as well as the factors determining the acceptance of blockchain-based financial platform.

Evaluating Blockchain Research Trend using Bibliometrics-based Network Analysis (블록체인 분야의 학술연구 동향분석: 계량정보학적 네트워크분석을 중심으로)

  • Zhu, Yu-Peng;Park, Han-Woo
    • Journal of Digital Convergence
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    • v.17 no.6
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    • pp.219-227
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    • 2019
  • This study aims to examine Blockchain research trend using bibliometrics-based network analysis. The data were collected from WoS, Scopus, Korea Citation Index and National science & Technology Information Service, from 2009 to 2018. As results, the number of publications has started increasing rapidly from 2017 and it showed the initial stage of formation of coauthor network. Words often used in the title of the publications were related to application development, controversy and technology development. In addition, the majority of domestic papers are in the subject of social science, while international papers tend to focus on engineering issues. The results of the temporal analysis show that Korean researchers' block chain 3.0 started in 2017 and are rapidly increasing in 2018. The number of citations was associated with publication year in a statistically signifiant way. By examining these research trends, we hope that this paper can be a useful basis for the development of blockchain. Future research is expected to reveal more clearly the knowledge structure and characteristics of blockchain around the world.

A Guideline for Identifying Blockchain Applications in Organizations (기업에서 요구되는 블록체인 애플리케이션 탐색을 위한 가이드라인)

  • Namn, Su Hyeon
    • Management & Information Systems Review
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    • v.38 no.1
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    • pp.83-101
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    • 2019
  • Blockchain is considered as an innovative technology along with Artificial Intelligence, Big Data, and Internet of Things. However, since the inception of the genesis of blockchain technology, the cryptocurrency Bitcoin, the technology is not utilized widely, not let alone disruptive applications. Most of the blockchain research deals with the cryptocurrency, general descriptions of the technology such as trend, outlook of the technology, explanation of component technology, and so on. There are no killer applications like Facebook or Google, of course. Reflecting on the slow adoption by businesses, we wanted know about the current status of the research on blockchain in Korea. The main purpose of this paper is to help business practitioners to identify the application of blockchain to enhance the competitiveness of their organization. To do that, we first use the framework by Iansiti et al (2017) and categorize the blockchain related articles published in Korea according to the framework. This is to provide a benchmark or cases of other organizations' adoption of blockchain technology. Second, based on the value proposition of blockchain applications, we suggest evolutionary paths for adopting them. Third, from the demand pull perspective of technology adoption for innovation, we propose applicable areas where blockchain applications can be introduced. Fourth, we use the value chain model to find out the appropriate domains of blockchain applications in the corporate value chains. And the five competitive forces models is adopted to find ways of lowering the power of forces by incorporating blockchain technology.

Blockchain Technology for Mobile Applications Recommendation Systems (모바일앱 추천시스템과 블록체인 기술)

  • Umekwudo, Jane O.;Shim, Junho
    • The Journal of Society for e-Business Studies
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    • v.24 no.3
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    • pp.129-142
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    • 2019
  • The interest in the blockchain technology has been increasing since its inception and it has been applied to many fields and sectors. The blockchain technology creates a decentralized environment where no third party controls the data and transaction. Mobile apps recommendation has been extensively used to recommend apps to mobile users. For example, Android-based recommendation applications have been developed to recommend other mobile apps for download depending on user's preferences and mobile context. These recommendations help users discover apps by referring to the experiences of other users. Due to the collection of a large amount of data and user information, there is a problem of insecurity and user's privacy that are prone to be attacked. To address this issue the blockchain technology can be incorporated to assure cryptographic safety. In this paper, we present a survey of the on-going mobile app recommendations and e-commerce technology trend to address how the blockchain can be incorporated into the collaborative filtering recommendation systems to enable the users to set up a secured data, which implies the importance of user privacy preference on personalized app recommendations.

Trend of Paradigm for integrating Blockchain, Artificial Intelligence, Quantum Computing, and Internet of Things

  • Rini Wisnu Wardhani;Dedy Septono Catur Putranto;Thi-Thu-Huong Le;Yustus Eko Oktian;Uk Jo;Aji Teguh Prihatno;Naufal Suryanto;Howon Kim
    • Smart Media Journal
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    • v.12 no.2
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    • pp.42-55
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    • 2023
  • The combination of blockchain (BC), artificial Intelligence (AI), quantum computing (QC), and the Internet of Things (IoT) can potentially transform various industries and domains, including healthcare, logistics, and finance. In this paper, we look at the trends and developments in integrating these emerging technologies and the potential benefits and challenges that come with them. We present a conceptual framework for integrating BC, AI, QC, and IoT and discuss the framework's key characteristics and challenges. We also look at the most recent cutting-edge research and developments in integrating these technologies, as well as the key challenges and opportunities that come with them. Our analysis highlights the potential benefits of integrating the technologies and looks to increased security, privacy, and efficiency to provide insights into the future of these technologies.