1,867 research outputs found
Distributed Ledger Technology (DLT) Applications in Payment, Clearing, and Settlement Systems:A Study of Blockchain-Based Payment Barriers and Potential Solutions, and DLT Application in Central Bank Payment System Functions
Payment, clearing, and settlement systems are essential components of the financial markets and exert considerable influence on the overall economy. While there have been considerable technological advancements in payment systems, the conventional systems still depend on centralized architecture, with inherent limitations and risks. The emergence of Distributed ledger technology (DLT) is being regarded as a potential solution to transform payment and settlement processes and address certain challenges posed by the centralized architecture of traditional payment systems (Bank for International Settlements, 2017). While proof-of-concept projects have demonstrated the technical feasibility of DLT, significant barriers still hinder its adoption and implementation. The overarching objective of this thesis is to contribute to the developing area of DLT application in payment, clearing and settlement systems, which is still in its initial stages of applications development and lacks a substantial body of scholarly literature and empirical research. This is achieved by identifying the socio-technical barriers to adoption and diffusion of blockchain-based payment systems and the solutions proposed to address them. Furthermore, the thesis examines and classifies various applications of DLT in central bank payment system functions, offering valuable insights into the motivations, DLT platforms used, and consensus algorithms for applicable use cases. To achieve these objectives, the methodology employed involved a systematic literature review (SLR) of academic literature on blockchain-based payment systems. Furthermore, we utilized a thematic analysis approach to examine data collected from various sources regarding the use of DLT applications in central bank payment system functions, such as central bank white papers, industry reports, and policy documents. The study's findings on blockchain-based payment systems barriers and proposed solutions; challenge the prevailing emphasis on technological and regulatory barriers in the literature and industry discourse regarding the adoption and implementation of blockchain-based payment systems. It highlights the importance of considering the broader socio-technical context and identifying barriers across all five dimensions of the social technical framework, including technological, infrastructural, user practices/market, regulatory, and cultural dimensions. Furthermore, the research identified seven DLT applications in central bank payment system functions. These are grouped into three overarching themes: central banks' operational responsibilities in payment and settlement systems, issuance of central bank digital money, and regulatory oversight/supervisory functions, along with other ancillary functions. Each of these applications has unique motivations or value proposition, which is the underlying reason for utilizing in that particular use case
2017 GREAT Day Program
SUNY Geneseo’s Eleventh Annual GREAT Day.https://knightscholar.geneseo.edu/program-2007/1011/thumbnail.jp
A systematic literature review on source code similarity measurement and clone detection: techniques, applications, and challenges
Measuring and evaluating source code similarity is a fundamental software
engineering activity that embraces a broad range of applications, including but
not limited to code recommendation, duplicate code, plagiarism, malware, and
smell detection. This paper proposes a systematic literature review and
meta-analysis on code similarity measurement and evaluation techniques to shed
light on the existing approaches and their characteristics in different
applications. We initially found over 10000 articles by querying four digital
libraries and ended up with 136 primary studies in the field. The studies were
classified according to their methodology, programming languages, datasets,
tools, and applications. A deep investigation reveals 80 software tools,
working with eight different techniques on five application domains. Nearly 49%
of the tools work on Java programs and 37% support C and C++, while there is no
support for many programming languages. A noteworthy point was the existence of
12 datasets related to source code similarity measurement and duplicate codes,
of which only eight datasets were publicly accessible. The lack of reliable
datasets, empirical evaluations, hybrid methods, and focuses on multi-paradigm
languages are the main challenges in the field. Emerging applications of code
similarity measurement concentrate on the development phase in addition to the
maintenance.Comment: 49 pages, 10 figures, 6 table
Demonstration of a Response Time Based Remaining Useful Life (RUL) Prediction for Software Systems
Prognostic and Health Management (PHM) has been widely applied to hardware
systems in the electronics and non-electronics domains but has not been
explored for software. While software does not decay over time, it can degrade
over release cycles. Software health management is confined to diagnostic
assessments that identify problems, whereas prognostic assessment potentially
indicates when in the future a problem will become detrimental. Relevant
research areas such as software defect prediction, software reliability
prediction, predictive maintenance of software, software degradation, and
software performance prediction, exist, but all of these represent diagnostic
models built upon historical data, none of which can predict an RUL for
software. This paper addresses the application of PHM concepts to software
systems for fault predictions and RUL estimation. Specifically, this paper
addresses how PHM can be used to make decisions for software systems such as
version update and upgrade, module changes, system reengineering, rejuvenation,
maintenance scheduling, budgeting, and total abandonment. This paper presents a
method to prognostically and continuously predict the RUL of a software system
based on usage parameters (e.g., the numbers and categories of releases) and
performance parameters (e.g., response time). The model developed has been
validated by comparing actual data, with the results that were generated by
predictive models. Statistical validation (regression validation, and k-fold
cross validation) has also been carried out. A case study, based on publicly
available data for the Bugzilla application is presented. This case study
demonstrates that PHM concepts can be applied to software systems and RUL can
be calculated to make system management decisions.Comment: This research methodology has opened up new and practical
applications in the software domain. In the coming decades, we can expect a
significant amount of attention and practical implementation in this area
worldwid
Cybersecurity: Past, Present and Future
The digital transformation has created a new digital space known as
cyberspace. This new cyberspace has improved the workings of businesses,
organizations, governments, society as a whole, and day to day life of an
individual. With these improvements come new challenges, and one of the main
challenges is security. The security of the new cyberspace is called
cybersecurity. Cyberspace has created new technologies and environments such as
cloud computing, smart devices, IoTs, and several others. To keep pace with
these advancements in cyber technologies there is a need to expand research and
develop new cybersecurity methods and tools to secure these domains and
environments. This book is an effort to introduce the reader to the field of
cybersecurity, highlight current issues and challenges, and provide future
directions to mitigate or resolve them. The main specializations of
cybersecurity covered in this book are software security, hardware security,
the evolution of malware, biometrics, cyber intelligence, and cyber forensics.
We must learn from the past, evolve our present and improve the future. Based
on this objective, the book covers the past, present, and future of these main
specializations of cybersecurity. The book also examines the upcoming areas of
research in cyber intelligence, such as hybrid augmented and explainable
artificial intelligence (AI). Human and AI collaboration can significantly
increase the performance of a cybersecurity system. Interpreting and explaining
machine learning models, i.e., explainable AI is an emerging field of study and
has a lot of potentials to improve the role of AI in cybersecurity.Comment: Author's copy of the book published under ISBN: 978-620-4-74421-
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