Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector

Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector

Zaigham Mahmood (University of Northampton, UK)
ISBN13: 9781799866503|ISBN10: 1799866505|EISBN13: 9781799866527|DOI: 10.4018/978-1-7998-6650-3


Blockchain technology has numerous advantages that include: increased transparency, reduced transaction costs, faster transaction settlement, automation of information, increased traceability, improved customer experience, improved digital identity, better cyber security, and user-controlled networks. Potential applications include funds transfer, smart contracts, e-voting, efficient supply-chain etc., in nearly every sector of the society including finance, healthcare, law, trade, real estate, etc. Challenges and limitations also exist viz: high energy consumption, limited scalability, complexity, security, network size, lack of regulations, etc. Nevertheless, blockchain has more positives than negatives so it has much to offer to the modern-day technology.

This book investigates Blockchain technology, its adoption and effectiveness in banking and other industry, and in general, for IoT based applications. It presents use cases from industry and financial sectors as well as from other transaction-based services. Business managers, researchers, academicians, and students will benefit from the research presented in this reference.

Table of Contents and List of Contributors

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Author(s)/Editor(s) Biography

Professor Zaigham Mahmood is a researcher and author. He has an M.Sc. in Mathematics, M.Sc. in Computer Science, and Ph.D. in Modelling of Phase Equilibria. Dr Mahmood is a Technology Consultant at Debesis Education UK, associate Lecturer at University of Northampton UK, Professor Extraordinaire at North West University in South Africa and Professor at Shijiazhuang Tiedao university Heibi china. He has also served as a Foreign Professor at NUST and IIUI Islamabad Pakistan. Professor Mahmood is author/editor of 30 books on topics including e-government, cloud computing, IoT, IoV, data science, smart cities, and software engineering. One of his text books has been translated in Chinese and Korean languages. He is also the author of more than 150 research papers. Additionally, Professor Mahmood is also Editor-in-Chief of Journal of E-Government Studies and Best Practices (IBIMA), and Editor in Chief of IGI book series on E-Government and Digital Divide.