Design of Personnel Big Data Management System Based on Blockchain

With the continuous development of information technology, enterprises, universities and governments are constantly stepping up the construction of electronic personnel information management system. The information of hundreds of thousands or even millions of people’s information are collected and stored into the system. So much information provides the cornerstone for the development of big data, if such data is tampered with or leaked, it will cause irreparable serious damage. However, in recent years, electronic archives have exposed a series of problems such as information leakage, information tampering, and information loss, which has made the reform of personnel information management more and more urgent. The unique characteristics of the blockchain, such as non-tampering and traceability make it have great application potential in personnel information management, and can effectively solve many problems of traditional file management. However, the blockchain is limited by its own shortcomings such as small storage space and slow synchronization time, and cannot be directly applied to the big data field. This paper proposes a personnel management system based on blockchain, we analyzed the defects of the blockchain and proposed an improved method, constructs a novel data storage model of on-chain and out-of-chain that can effectively solve the problem of data redundancy and insufficient storage space. Based on this, we developed a prototype system with query, add, modify, and track personnel information, verified the feasibility of applying blockchain to personnel information management, explore the possibility of combining blockchain with big data

FinTech, blockchain and Islamic finance : an extensive literature review

Purpose: The paper aims to review the academic research work done in the area of Islamic financial technology. The Islamic FinTech area has been classified into three broad categories of the Islamic FinTech, Islamic Financial technology opportunities and challenges, Cryptocurrency/Blockchain sharia compliance and law/regulation. Finally, the study identifies and highlights the opportunities and challenges that Islamic Financial institutions can learn from the conventional FinTech organization across the world. Approach/Methodology/Design: The study collected 133 research studies (50 from Social Science Research Network (SSRN), 30 from Research gate, 33 from Google Scholar and 20 from other sources) in the area of Islamic Financial Technology. The study presents the systematic review of the above studies. Findings: The study classifies the Islamic FinTech into three broad categories namely, Islamic FinTech opportunities and challenges, Cryptocurrency/Blockchain sharia compliance and law/regulation. The study identifies that the sharia compliance related to the cryptocurrency/Blockchain is the biggest challenge which Islamic FinTech organizations are facing. During our review we also find that Islamic FinTech organizations are to be considered as partners by the Islamic Financial Institutions (IFI’s) than the competitors. If Islamic Financial institutions want to increase efficiency, transparency and customer satisfaction they have to adopt FinTech and become partners with the FinTech companies. Practical Implications: The study will contribute positively to the understanding of Islamic Fintech for the academia, industry, regulators, investors and other FinTech users. Originality/Value: The study believes to contribute positively to understanding of Fintech based technology like cryptocurrency/Blockchain from sharia perspective.peer-reviewe

New Trends in Development of Services in the Modern Economy

The services sector strategic development unites a multitude of economic and managerial aspects and is one of the most important problems of economic management. Many researches devoted to this industry study are available. Most of them are performed in the traditional aspect of the voluminous calendar approach to strategic management, characteristic of the national scientific school. Such an approach seems archaic, forming false strategic benchmarks. The services sector is of special scientific interest in this context due to the fact that the social production structure to the services development model attraction in many countries suggests transition to postindustrial economy type where the services sector is a system-supporting sector of the economy. Actively influencing the economy, the services sector in the developed countries dominates in the GDP formation, primary capital accumulation, labor, households final consumption and, finally, citizens comfort of living. However, a clear understanding of the services sector as a hyper-sector permeating all spheres of human activity has not yet been fully developed, although interest in this issue continues to grow among many authors. Target of strategic management of the industry development setting requires substantive content and the services sector target value assessment

Risks associated with Logistics 4.0 and their minimization using Blockchain

Currently we are saying that we are at the dawn of the fourth revolution, which is marked by using cyber-physical systems and the Internet of Things. This is marked as Industry 4.0 (I4.0). With Industry 4.0 is also closely linked concept Logistics 4.0. The highly dynamic and uncertain logistic markets and huge logistic networks require new methods, products and services. The concept of the Internet of Things and Services (IoT&S), Big Data/Data Mining (DM), cloud computing, 3D printing, Blockchain and cyber physical system (CPS) etc. seem to be the probable technical solution for that. However, associated risks hamper its implementation and lack a comprehensive overview. In response, the paper proposes a framework of risks in the context of Logistics 4.0. They are here economic risks, that are associated e.g. with high or false investments. From a social perspective, risks the job losses, are considered too. Additionally, risks can be associated with technical risks, e.g. technical integration, information technology (IT)-related risks such as data security, and legal and political risks, such as for instance unsolved legal clarity in terms of data possession. It is therefore necessary to know the potential risks in the implementation process.Web of Science101857

The transformation of traditional banking activity in digital

Purpose: This article investigates specifics of the transformation of banking activity in the conditions of digitalization of the economy. In the light of penetration of digital technologies into all the spheres of our life, the rapid development of financial technologies and their active implementation in the banking sector of the economy, digital financial innovations are formed at the intersection of the concepts of "financial technologies" and "financial innovations". Design/Methodology/Approach: In order to investigate the process of transformation of the banking sector in the context of digitalization, it is necessary to consider this issue from three points of view: 1) theoretical understanding of the concept of "financial technologies"; 2) the need to ensure the efficiency and sustainability of the banking sector; 3) the change in the IT- architecture of banking activities and the formation of the digital ecosystem with banks in the center. It is also reasonable to analyze promising areas of implementation of financial technologies into the banking sector. Findings: The main directions of the development of financial technologies in the banking sector, aimed at further transformation of traditional banking services through digital technologies. Practical Implications: The results of the study can be applied in the development of the legislative regulation of the FinTech industry in Russia. Originality/Value: The main contribution of this study is to determine the prospects for the development of the domestic banking sector in the context of digitalization, the need to transform in order not only to improve the competitiveness and efficiency of functioning, but also to stay in the banking business.peer-reviewe

Blockchain technologies in healthcare institutions : focus on security and effective cooperation with the government

Purpose: This article considers the relevance of healthcare modernization processes in Russia in terms of marketing activities activation, public-private partnerships intensification. Design/Methodology/Approach: The problem of ensuring security when government and healthcare institutions interact by means of blockchain technologies is under-explored and requires further research and investigation. Therefore, methods of induction, deduction, problem, system and logical analysis along with the economic process and system modelling method combined with the formalization method are used in this article. Findings: A mechanism for effective ensuring the safety of interaction between the government and healthcare institutions using blockchain technologies in the course of conducting financial flows and operational information exchange in modern Russia is proposed. Practical Implications: The proposed mechanism for effective ensuring of security in terms of interaction between the government and the healthcare institution by means of blockchain technologies in modern Russia effectively ensures the security of interaction between the government and healthcare institutions . Originality/Value: Authors’ findings could be introduced into the healthcare industry.peer-reviewe