41,797 research outputs found
Blockchain Technology: An Analysis of Potential Applications and Uses
This paper will focus on explaining what blockchain technology is, the fundamentals of how it works, and applications of it. By utilizing sophisticated cryptography, a distributed network, a specified order of events the technology is able to create a ledger that cannot be altered due to its existence on many computers that able to detect if the data has been changed or tampered with. To help illustrate the uses of blockchain technology the technical explanation is complemented with real and hypothetical ways that the technology it being used. The use of blockchain technology originated with financial application and has expanded to many industries as new and creative ideas come to fruition
Blockchain electricity trading using tokenised power delivery contracts. ESRI Working Paper No. 649 December 2019
This paper proposes a new mechanism for forward selling renewable electricity generation. In this transactive
framework, a wind or solar farm may directly sell to consumers a claim on their future power output in the form of nonfungible
blockchain tokens. Using the flexibility of smart contract code, which executes irrevocably on a blockchain, the realised
generation levels will offset the token holders’ electricity consumption in near real-time. To elucidate the flexibility offered by
such smart contracts, two ways of structuring these power delivery instruments are considered: firstly, an exotic tranched
system, where more senior tokens holders enjoy priority claims on power, as compared against a simpler pro-rata scheme,
where the realised output of a generator is equally apportioned between token holders. A notional market simulation is
provided to explore whether, for instance, consumers could exploit the flatter power delivery profiles of more senior tranches to
better schedule their responsive demands
IDMoB: IoT Data Marketplace on Blockchain
Today, Internet of Things (IoT) devices are the powerhouse of data generation
with their ever-increasing numbers and widespread penetration. Similarly,
artificial intelligence (AI) and machine learning (ML) solutions are getting
integrated to all kinds of services, making products significantly more
"smarter". The centerpiece of these technologies is "data". IoT device vendors
should be able keep up with the increased throughput and come up with new
business models. On the other hand, AI/ML solutions will produce better results
if training data is diverse and plentiful.
In this paper, we propose a blockchain-based, decentralized and trustless
data marketplace where IoT device vendors and AI/ML solution providers may
interact and collaborate. By facilitating a transparent data exchange platform,
access to consented data will be democratized and the variety of services
targeting end-users will increase. Proposed data marketplace is implemented as
a smart contract on Ethereum blockchain and Swarm is used as the distributed
storage platform.Comment: Presented at Crypto Valley Conference on Blockchain Technology (CVCBT
2018), 20-22 June 2018 - published version may diffe
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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