Blockchain Technology in Corporate Governance: Transforming Business and Industries

Cover
Title Page
Copyright Page
Contents
Foreword
Preface
Acknowledgment
Chapter 1 Role of Blockchain Technology in the Modern Era
1.1 Introduction
1.2 What is Blockchain Technology?
1.3 Blockchain Technology in Healthcare 4.0
1.3.1 Area of Blockchain Technology-Based Healthcare 4.0
1.3.2 Smart Blockchain Healthcare 4.0
1.4 Energy Sector
1.5 Applications of Blockchain in the Energy Sector
1.5.1 Decentralized Storage and Control in Power Grid
1.5.2 Electricity Trading Law
1.5.3 Electric Vehicles
1.5.4 Decrease the Global Carbon Emission
1.6 Blockchain-Based Financial Sector
1.6.1 Legal Policies of the Financial Sector
1.6.2 Credit Risk
1.6.3 KYC and Product Personalization
1.6.4 Insurance Monetary Management
1.6.5 Collaborative Techniques in Financial Services Chain
1.7 Bitcoins and Blockchain Sustainability Issues
1.8 Conclusion
References
Part 1: Blockchain: Opportunities for Healthcare 4.0
Chapter 2 BTCG4: Blockchain Technology in Electronic Healthcare Systems
2.1 Introduction
2.1.1 Healthcare Industry
2.1.2 Requirement of Electronic Healthcare Industry
2.1.2.1 System Security
2.1.2.2 Interoperability
2.1.2.3 Sharing of Information
2.1.2.4 Mobility
2.1.2.5 Mobile Health
2.1.2.6 Wireless
2.1.2.7 Internet of Things
2.2 Overview of Blockchain
2.2.1 Distinct Characteristics of the Use of Blockchain in the Electronic Healthcare Industry
2.2.1.1 Decentralization of Storage
2.2.1.2 Authentication
2.2.1.3 Immutability
2.2.1.4 Improvement in Security
2.2.1.5 Efficiency
2.2.1.6 Distributed Ledger
2.3 Blockchain Applications
2.3.1.1 Smart Contracts
2.3.1.2 Spotting and Preventing Fraudulent Activity
2.3.1.3 Authentication of the User’s Identity
2.4 Challenges Associated with Blockchain Technology
2.4.1 Unavailability of Uniformity
2.4.2 Decentralization of Storage and Leakage of Privacy
2.4.3 Handling of Critical Information
2.4.4 Scalability and Internet of Things Overhead
2.4.5 Vulnerabilities Specific to Blockchain Technology
2.4.6 General Vulnerabilities in Software
2.5 Opportunities of Blockchain in the Healthcare Industry
2.5.1 The Gem Health Network Facilitates the Exchange of Healthcare Data
2.5.2 MDREC
2.5.3 System of Pervasive Social Network
2.5.4 Virtual Resources
2.5.5 Data Recording for Body-Worn Sensing Devices Based on Context
2.5.6 MeDShare
2.5.7 Blockchain-Based Clinical and Precise Platform Trials
2.5.8 Access to Health-Related Information
2.6 Concluding Remarks
References
Chapter 3 Blockchain Technology and Healthcare: Towards Combating COVID-19
3.1 Introduction
3.1.1 Blockchain Technology in Healthcare
3.1.2 Features of Blockchain Technology
3.1.3 Applications of Blockchain in Healthcare
3.1.4 Data Management
3.1.5 Electronic Health Record
3.1.6 Claims and Billing Management
3.1.7 Pandemic Data Tracking
3.1.8 Tracking PPE
3.1.9 Vaccine Monitoring
3.1.10 Future Vaccination
3.1.11 Digital Contact Tracing
3.1.12 Prescription Management
3.2 Combating COVID-19
3.2.1 Handling Fake Infodemic Using MiPasa Platform
3.2.2 VIRI Platform Preventing Spread
3.2.3 WIShelter for Data Privacy
3.3 Reviving Capabilities
3.3.1 Blockchain in Healthcare – Global Scenario
3.3.2 Blockchain in Healthcare – Indian Scenario
3.4 Challenges in Adopting Blockchain in Healthcare
3.5 Conclusion
References
Chapter 4 Blockchain-Based Energy-Efficient Heterogeneous Sensor Networks in Healthcare System
4.1 Introduction
4.2 Related Work
4.2.1 Literature Gap
4.2.2 Fuzzy Improved Model (Improved Model Fuzzy)
4.3 Proposed Energy Protocol with Blockchain
4.4 Conclusion
References
Chapter 5 Development of a Safe Health Framework Using a Temporary Blockchain Technique
5.1 Introduction
5.2 Related Work
5.2.1 Blockchain-Based Healthcare Organization
5.2.2 Medrek
5.2.3 Stratum
5.2.4 Factor
5.2.5 Pocketbook
5.2.6 Tyrion
5.2.7 Roomed
5.3 Secure Framework (Sefira) for Healthcare System
5.3.1 Progressive Temporal Blockchain
5.3.2 Temporal Shadow
5.3.2.1 Context-Based Merkle Tree (CBMT)
5.3.2.2 Temporal Hash Signature (THS)
5.3.2.3 Context-Based Access Control (CBAC) in Smart Contract
5.3.2.4 Layered Architecture of SeFra
5.4 Conclusion
References
Chapter 6 Data Consistency, Transparency, and Privacy in Healthcare Systems Using Blockchain Technology
6.1 Introduction
6.2 The Cutting Edge in Genomics
6.2.1 Next Generation Sequencing (NGS)
6.2.2 EDGE Bioinformatics
6.2.3 Pharmacogenetics and Personalized Medicine
6.2.4 Prenatal Diagnosis
6.2.5 Diagnosis of Infectious Diseases
6.2.6 Gene Therapy and Genome Editing
6.2.7 Genomics with Blockchain Technology
6.3 Medical Records
6.3.1 Blockchain Architecture – Components and Types
6.3.2 Blockchain Benefits in Healthcare Records Maintenance
6.3.3 Brief Overview on the Blockchain-Enabled Patient Healthcare Record Management Process
6.3.3.1 Data Generation
6.3.3.2 Data Cleaning and Enrichment
6.3.3.3 Data Capturing
6.3.3.4 Data Consumption
6.3.3.5 Data Mining
6.4 Supply Chain Management
6.4.1 Pharmaceutical Applications
6.4.2 Medical Devices and Medical Supplies
6.4.3 Internet of Healthy Things
6.4.4 Public Health
References
Part 2: Blockchain in the Energy Sector
Chapter 7 Application of Blockchain Technology in Sustainable Energy Systems
7.1 Introduction
7.2 Blockchain
7.3 Blockchain Applications in Energy Sector
7.3.1 Blockchain Applications in Smart Grid
7.3.2 Blockchain Applications in Energy Trading
7.3.3 Blockchain Applications in Micro-Grid
7.3.4 Blockchain in Electric Vehicles
7.3.5 Blockchain Applications in Cyber Physical Security
7.4 Blockchain as New Substructure
7.5 Limitations of Blockchain
7.6 Conclusions
References
Chapter 8 Revamping Energy Sector with a Trusted Network: Blockchain Technology
8.1 Introduction
8.2 Energy Digital Transformation
8.2.1 Digitalization, Decarbonization, and Decentralization of the Energy Sector
8.2.2 Blockchain: A Disruptive Technology of the Energy Value Chain
8.2.3 Blockchain Advancing DERs
8.3 Energy Trading Mechanisms
8.3.1 Blockchain P2P Energy Trading: A New Financing Mechanism
8.3.2 Blockchain-Based Virtual Power Plant (VPP) Model
8.3.3 Blockchain Technology for Electric Vehicle (EV) Charging and Discharging
8.4 Blockchain Unlocking New Demand Side Management Models
8.4.1 Blockchain in the Energy Efficiency Market
8.4.2 New Blockchain-Enabled Demand Response (DR) Models
8.4.3 Blockchain-Based Energy Performance Contracting
8.5 Energy Blockchain’s Social and Environmental Impacts
8.5.1 Blockchain Market for Carbon Credits and RECs
8.5.2 Fighting Energy Poverty
8.6 Conclusion
References
Part 3: The Impact of Blockchain on the Financial Industry
Chapter 9 Process Innovation and Unification of KYC Document Management System with Blockchain in Banking
9.1 Introduction
9.2 Blockchain
9.3 Blockchain Technology Applications Sectors
9.4 Know Your Customer (KYC)
9.4.1 KYC Advantages
9.4.2 KYC Document List
9.4.3 Re-KYC
9.4.4 Types of KYC Verification
9.4.5 KYC Through Manual Verification Process
9.4.6 Typical KYC Verification Process – Issues and Challenges
9.5 Electronic Know Your Customer (e-KYC)
9.5.1 e-KYC Documents Management System Using Blockchain
9.6 Blockchain KYC Verification Process Advantages
9.7 Taxonomy of Blockchain Systems
9.8 Literature Survey
9.9 Potential Use-Cases of Blockchain Technology in Banks
9.10 Blockchain KYC-AML Solution
9.11 Conclusion
References
Chapter 10 Applying Blockchain Technology to Address NPA Issues During the COVID-19 Pandemic
10.1 Introduction
10.2 ACT 1: Foundation of Non-Performing Assets Management and Blockchain Technology
10.3 Induction to Non-Performing Assets
10.4 Charter for NPA Management
10.5 Reasons for Growth of NPAs
10.6 Induction to Blockchain Technology
10.7 Possible Applications of Blockchain Technology
10.8 ACT II Confrontation Stage
10.9 Investigation of Loan Quality-Related Issues in the Indian Banking System
10.10 Stage 3 – Treatment Stage for Bad Loans Through Blockchain in Indian Banks
10.11 The Challenges of the Blockchain Technology in Financial Sector
10.12 Conclusion
References
Chapter 11 Blockchain and Smart Contracts for Insurance Industry
11.1 Introduction
11.1.1 Blockchain in Insurance
11.1.2 Blockchain in Insurance Applications
11.2 Smart Contracts by Insurance Providers Using Blockchain Technologies
11.2.1 Blockchain: A Built-In Data
11.2.2 Advanced Insurance Automation
11.2.3 Cyber Security in Insurance through Blockchain
11.3 Review of Literature
11.4 Opportunities Provided by Blockchain Technology
11.5 How Blockchain Technologies Work in Insurance Companies
11.6 Challenges Posed by Blockchain
11.6.1 Technologies Leveraging Technologies
11.6.2 Strategic Alliances
11.6.3 New Product Development
11.7 Conclusion
References
Chapter 12 How Blockchain Can Transform the Financial Services Industry
12.1 Introduction
12.2 Literature Review
12.2.1 Basic Definition
12.2.2 Blockchain and the Financial Sector
12.2.3 Previous Research – International Perspective
12.2.4 Previous Research – Indian Context
12.3 Application Example of Financial Sector Based on Blockchain
12.3.1 International Market
12.3.1.1 Consortium
12.3.1.2 Payment and Remittance
12.3.1.3 Securities and Stock Exchanges
12.3.1.4 Smart Contracts
12.3.2 Indian Market
12.3.2.1 Consortium
12.3.2.2 Payment and Remittance
12.3.2.3 Securities Exchanges
12.3.2.4 Smart Contracts
12.4 Challenges in India
12.5 Mitigation Steps
12.6 Opportunities as per Indian Perspective
12.7 Conclusion
References
Chapter 13 The Impact of Blockchain Technology and COVID-19 on the Global Banking Industry
13.1 Introduction of Blockchain Technology (BCT)
13.1.1 Key Characteristics of Blockchain
13.1.2 Blockchain Architecture
13.1.3 Applications of Blockchain Technology
13.2 Blockchain Technology and the Banking Sector
13.2.1 Impact of COVID-19 on Banking Industry
13.2.2 Impact of Blockchain Technology on Banking Sector
13.2.3 Comparison Between Blockchain-Based Banking Systems and the Traditional Banking
13.2.4 Challenges Faced by Banking Sector and Blockchain as a Solution
13.3 Analyzing Blockchain Technology and Porter’s Five Force Model
13.4 Conclusion
References
Chapter 14 Blockchain-Based Framework – A Scientific Tool for Developing a Robust Banking System
14.1 Introduction
14.2 Objective of the Chapter
14.3 Meaning
14.3.1 The Process
14.3.2 Blockchain Components
14.3.3 Types of Blockchain Networks
14.3.4 Major Facilitators
14.3.5 Blockchain Technology in the Banking Sector
14.3.6 Technology Consortiums by The Banks in India
14.3.7 Steps Taken by Two Leading Commercial Banks of India: SBI And ICICI
14.4 The Framework
14.5 Indian Government’s Perspective
14.6 Conclusion
References
Part 4: Blockchain Applications and Sustainability Issues
Chapter 15 Advanced Cryptographic Technologies in Blockchain
15.1 Blockchain Technology
15.2 Tiers of Blockchain Technology
15.2.1 Blockchain 1.0
15.2.2 Blockchain 2.0
15.2.3 Blockchain 3.0
15.2.4 Blockchain X.0
15.3 Characteristics of Blockchain
15.3.1 Decentralization
15.3.2 Immutability
15.3.3 Persistency
15.3.4 Anonymity
15.3.5 Auditability
15.3.6 Enhanced Security
15.4 Concept of Blockchain Technology
15.5 Taxonomy of Blockchain
15.5.1 Public Blockchain
15.5.2 Private Blockchain
15.5.3 Consortium Blockchain
15.6 Different Layers of Blockchain
15.6.1 The Data Layer
15.6.1.1 Blocks
15.6.1.2 Digital Signature
15.6.2 The Consensus Layer
15.6.2.1 What is Consensus?
15.6.2.2 Consensus in Blockchain
15.6.3 The Network Layer
15.6.4 The Application Layer
15.7 How Does Blockchain Work: The Process
15.8 Challenges in Blockchain
15.8.1 Performance and Scalability
15.8.2 Privacy
15.8.3 Selfish Mining
15.9 Blockchain Security
15.10 Amalgamation of Blockchain with Cloud Computing for Robust Security
15.11 Emerging Applications of Blockchain
15.11.1 Healthcare
15.11.2 Stock Market
15.11.3 Supply Chain
References
Chapter 16 Network Security Issues in Blockchain Architectures
16.1 Introduction to Blockchain Technology: Applications and Challenges
16.2 Comparative Study of Security and Privacy in Popular Blockchain Technologies
16.2.1 Security in Blockchain
16.3 Security Issues in Blockchain Technology
16.4 Privacy in Blockchain
16.4.1 Privacy Issues in Blockchain Technology
16.5 Open Issues and Challenges of Security and Privacy in Blockchain Technology
16.6 Conclusion
References
Chapter 17 A Comprehensive Report on Blockchain Technology, Its Applications, and Open Research Challenges
17.1 Introduction
17.2 Related Work
17.3 Objectives
17.4 Methodology
17.5 IoT Architecture
17.5.1 IoT Attacks
17.6 Blockchain Architecture
17.7 State-of-the-Art of Blockchain in IoT
17.8 Blockchain Open Challenges and Future Trend
17.9 Conclusion
References
Chapter 18 New Blockchain Taxonomies and Trust Models Impacting Business Performance
18.1 Introduction
18.2 Foundation of Blockchain
18.2.1 Blockchain: The History
18.2.2 Components of Blockchain
18.2.3 How Does the Blockchain Work?
18.2.4 Types of Blockchain
18.2.5 Features of Blockchain
18.2.6 Advantages of Using Blockchain
18.2.7 Disadvantages and Challenges of Blockchain
18.3 Blockchain in Business: Some Real-World Examples
18.3.1 Blockchain Applications in Healthcare Sector
18.3.2 Blockchain Technology in Transport, Supply Chain Activities and Logistics
18.3.3 Blockchain Technology in Industrial Sector
18.3.4 Blockchain Technology in Financial Sector
18.4 Conclusion
References
Index
EULA