1,338 research outputs found
The Rise and Fall of Cryptocurrencies: Defining the Economic and Social Values of Blockchain Technologies, assessing the Opportunities, and defining the Financial and Cybersecurity Risks of the Metaverse
This paper contextualises the common queries of "why is crypto crashing?" and
"why is crypto down?", the research transcends beyond the frequent market
fluctuations to unravel how cryptocurrencies fundamentally work and the
step-by-step process on how to create a cryptocurrency.
The study examines blockchain technologies and their pivotal role in the
evolving Metaverse, shedding light on topics such as how to invest in
cryptocurrency, the mechanics behind crypto mining, and strategies to
effectively buy and trade cryptocurrencies. Through an interdisciplinary
approach, the research transitions from the fundamental principles of fintech
investment strategies to the overarching implications of blockchain within the
Metaverse. Alongside exploring machine learning potentials in financial sectors
and risk assessment methodologies, the study critically assesses whether
developed or developing nations are poised to reap greater benefits from these
technologies. Moreover, it probes into both enduring and dubious crypto
projects, drawing a distinct line between genuine blockchain applications and
Ponzi-like schemes. The conclusion resolutely affirms the continuing dominance
of blockchain technologies, underlined by a profound exploration of their
intrinsic value and a reflective commentary by the author on the potential
risks confronting individual investors
The current opportunities and challenges of Web 3.0
With recent advancements in AI and 5G technologies,as well as the nascent
concepts of blockchain and metaverse,a new revolution of the Internet,known as
Web 3.0,is emerging. Given its significant potential impact on the internet
landscape and various professional sectors,Web 3.0 has captured considerable
attention from both academic and industry circles. This article presents an
exploratory analysis of the opportunities and challenges associated with Web
3.0. Firstly, the study evaluates the technical differences between Web 1.0,
Web 2.0, and Web 3.0, while also delving into the unique technical architecture
of Web 3.0. Secondly, by reviewing current literature, the article highlights
the current state of development surrounding Web 3.0 from both economic and
technological perspective. Thirdly, the study identifies numerous research and
regulatory obstacles that presently confront Web 3.0 initiatives. Finally, the
article concludes by providing a forward-looking perspective on the potential
future growth and progress of Web 3.0 technology
Sustainable Development Report: Blockchain, the Web3 & the SDGs
This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc
Sustainable Development Report: Blockchain, the Web3 & the SDGs
This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc
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Blockchain Technology Adoption Status and Strategies
Purpose: The purpose of this paper is to review the acceptance and future use of blockchain technology. Given the rapid technological changes, this paper focuses on a managerial overview and framework of how the blockchain, including its implementations such as Bitcoin have advanced and how blockchain can be utilized in large-scale, enterprise environments. The paper begins with a technological overview that covers the history of the technology, as well as describing the computational, cryptographic theory that serves as the basis for its notable security features. This paper also covers several key application areas such as finance, accounting, and marketplaces where blockchain technology is seeing major investments from some of the world’s largest organizations.
Analysis Methods: Triangulation is utilized for this paper, which combines multiple methodologies, such as qualitative and quantitative methods, as complementary components for improving research study accuracy. The triangulation methods chosen for this paper include a secondary data environment analysis, a text analysis, and financial analysis in order to successfully manage and review the adoption diffusion of innovative technologies like blockchain. The blockchain stands to disrupt many areas of society with the proper application and thus it is important to examine its use with as many viewpoints as possible.
Contributions and Conclusion: The contribution this paper describes the potential drivers and drawbacks of blockchain technology in real world applications and highlights the managerial implications of its use. This paper also expands the theoretical contributions for identifying blockchain technology progress on the diffusion of innovation curve. As it stands, the blockchain is within the innovation stage in terms of its application in multi-national enterprises, but with major firms making investments, the blockchain could see growing normalization and acceptance, and at an inflection point akin to the Internet of the 1990s
From Bitcoin to the Internet of Things: the role of the Blockchain
The Blockchain can definitely be applied in the field of personal data protection, since there are many people and companies that must preserve and ensure information integrity. From this point of view, using a storage system with Blockchain technology would even be more effective than a traditional management model
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