Internet problem: Blockchain

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Literature Review: Blockchain problem for Internet

This “Ten Problems for Internet in the 2020s” booklet identifies ten relevant areas from very recent contributions put forward at academic level in the form journal articles, conference proceedings and students theses. Ten freely accessible internet references have been selected for each area and direct links are provided at the end of each chapter for own consultation. Our selected references do not intend to mirror ranking indexes nor establish novel classifications. On the contrary, they are meant to represent peer-reviewed, diverse and scientifically-sound case studies for vertical dissemination aimed at non-specialist readers. They will also be able to scoop even more references through the bibliography that is reported at the end of each selected reference.

Without further ado, these are the ten problems that we are going to introduce in this booklet:

  1. software, 
  2. privacy,
  3. governance,
  4. wellbeing,
  5. jobs,
  6. commerce,
  7. infrastructure,
  8. blockchain,
  9. education,
  10. security.

Each problem has its own dedicated chapter made of an introductory section, a short presentation of the ten selected references and a conclusions section.

The final chapter of this booklet will report the conclusions from each chapter again in order to provide a complete executive summary.

8 Blockchain

THE PROBLEM — Today, the Internet is physically decentralized, but it contains critical components for data processing, social media, advertising and crowdsourcing that use large centralized services. The blockchain revolutionizes the creation of both scalable information technology systems and diversified applications by integrating the increasingly popular artificial intelligence, cloud computing, and big data. The number of blockchain-based applications is growing at a fast pace, creating a humongous number of heterogeneous solutions. The tokenization of sustainable infrastructure can address some of their fundamental challenges.

CASE STUDIES — … buy this booklet from Amazon …

CONCLUSIONS — Blockchain is based on decentralized networking and one of its main characteristics is to guarantee the safety and integrity of data. The blockchain embeds many computing skills and algorithms, such as consensus protocols, distributed ledgers, timestamps, the Merkle Tree, and digital cryptographical keys. Before adopting blockchain-enabled solutions one should examine the suitability of the blockchain technology against the use cases requirements. Based on the state-of-art developments, blockchain has not yet demonstrated to be either transformative or even disruptive an innovation for governments. Blockchain technology is a powerful tool for stakeholder engagement, a much desired aspect of corporate governance. By tokenizing the equity and debt used for financing an infrastructure project or portfolio, the financial viability of the underlying asset can improve considerably. Pilot projects so far demonstrate that blockchain can play a major role in the future energy market, even if the technology is still in the first stages of the adoption life cycle. Secure and autonomous peer-to-peer energy Internet environment based on blockchain is constructed from the network layer, system layer and business layer. When decisions are recorded on a Blockchain, they are much easier to audit with the confidence of record has not been changed. The work of large systems should be protected from malicious actions, since failures in such systems lead to fatal consequences.

TEN FREE REFERENCES FROM THE INTERNET — … buy this booklet from Amazon …

“Ten Problems for Internet in the 2020s” booklet for Amazon Kindle, 2020; click on the cover to go to the dedicated Amazon listing page

By TenProblems

Literature Reviews for Inquisitive Minds