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

Philosophy of Blockchain Technology - Ontologies

About the necessity and usefulness of developing a philosophy specific to the blockchain technology, emphasizing on the ontological aspects. After an Introduction that highlights the main philosophical directions for this emerging technology, in Blockchain Technology I explain the way the blockchain works, discussing ontological development directions of this technology in Designing and Modeling. The next section is dedicated to the main application of blockchain technology, Bitcoin, with the social implications of this cryptocurrency. There follows a section of Philosophy in which I identify the blockchain technology with the concept of heterotopia developed by Michel Foucault and I interpret it in the light of the notational technology developed by Nelson Goodman as a notational system. In the Ontology section, I present two developmental paths that I consider important: Narrative Ontology, based on the idea of order and structure of history transmitted through Paul Ricoeur's narrative history, and the Enterprise Ontology system based on concepts and models of an enterprise, specific to the semantic web, and which I consider to be the most well developed and which will probably become the formal ontological system, at least in terms of the economic and legal aspects of blockchain technology. In Conclusions I am talking about the future directions of developing the blockchain technology philosophy in general as an explanatory and robust theory from a phenomenologically consistent point of view, which allows testability and ontologies in particular, arguing for the need of a global adoption of an ontological system for develop cross-cutting solutions and to make this technology profitable. CONTENTS: Abstract Introducere Tehnologia blockchain - Proiectare - Modele Bitcoin Filosofia Ontologii - Ontologii narative - Ontologii de intreprindere Concluzii Note Bibliografie DOI: 10.13140/RG.2.2.24510.3360

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

The impact of blockchain technology on tourism intermediation

Contemporary tourism has undergone many changes in the last decade, mainly due to expansion of the new techno-logy. The use of new technology has had more positive than negative impacts on tourism intermediation, but none of them triggered a radical change. Blockchain technology has been one of the most discussed topics especially after 2016 due to its all opportunities, but also threats. Even though it is still somewhat unfamiliar, it is a form of technology which has a great potential to cause a revolution in traditional business activities, as it is predicted by futurists. For now, this phenomenon has only been recognized by bigger tourism intermediaries, technology-oriented companies. Such fast changes require even faster adaptations of all tourism intermediaries and this is challenging because most of stakeholders are not familiar with the use and the impact of blockchain. Therefore, in this paper the authors will try to provide answers by presenting a SWOT analysis of blockchain technology implications on activities undertaken by all participants in tourism intermediation. It implies to conclusion that everyone will face various challenges in its implementation which have to be considered seriously. The use and the general understanding of blockchain technology is still in an initial stage, so it is crucial that tourism research takes a proactive role in the exploration of this field of study. Furthermore, as trends are dynamic and evolve rapidly, the topic becomes particularly challenging for scientists in bridging practice into theory. Therefore, this theory-based paper on an overall assumption contributes to a better understanding of this phenomenon and raises the awareness for further research

Tokens Matter

During the global pandemic, information workers were abruptly forced to engage in virtual work. This paper reports on an experiment seeking to formalize the formalization of small team coordination at London Blockchain Lab through the use of blockchain-supported tokenization. The Web3 organizing vision promotes the technology as an enabler of new ways for individuals and organizations to engage in the transparent exchange of scarce digital rights. However, little attention has been paid to the use of blockchain technologies to coordinate distributed collaborative activities. This paper seeks to understand the viability of this vision amongst a community of expected early adopters through design experimentation resulting in interview data. The study points towards the significant gap between the Web3 vision and the problems of realizing this in practice. This highlights fundamental barriers to using blockchain for team collaboration while also pointing toward its potential. Even the most willing and able find it hard to turn code into law through tokenizing collaboration

The Generic Ecosystem and Innovation Patterns of the Digital Transformation in the Financial Industry

The emergence of financial technology companies (Fintechs) through the easy access of digital technologies is transforming the entire financial industry, heralding a new era of business models. With digital technologies like mobile payments, robo advisors, and distributed ledgers or blockchain, Fintechs are challenging the prevailing position of traditional financial institutions. However, literature does not provide a structured overview of the digital transformation in the financial industry, including inter- organizational innovation patterns. By analyzing 792 Fintechs, this paper visualizes the 22 generic roles and value streams within the financial ecosystem using the e3- value method. Moreover, we identify and discuss seven inter-organizational innovation patterns of the digital transformation in the financial industry. We contribute to literature by examining digital transformation in the financial industry from an inter- organizational perspective. Practitioners may apply the model to position themselves and to identify disruptive actors or potential business opportunities. We also analyze the influence of blockchain technology