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Dissertation
Potential of the blockchain technology for operational risk management in high reliability organizations - An empirical analysis for the pharmaceutical industry.
Authors: --- --- ---
Year: 2021 Publisher: Liège Université de Liège (ULiège)

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Abstract

The objective of this master’s thesis is to identify the potential of blockchain technology for oper-ational risk management in high reliability organizations (HROs).&#13;The theory section examines why the pharmaceutical industry, which has not previously been regarded as an HRO, can be considered an HRO. Furthermore, a systematic literature review for the HRO areas healthcare and pharmaceutical is conducted to identify the blockchain applications for operational risk management there.&#13;In the empirical section, the operational risk of counterfeit drugs identified from the literature review and the potential of blockchain are discussed in the form of three expert interviews. For this purpose, the expert opinion is obtained from the Lead Counterfeit Protection from Bayer AG, the PharmaLedger Project Leader from Novartis AG, and the Supply Chain Excellence representative from MSD who is contributing to the EU-funded PharmaLedger project, too.&#13;The results of this work show that the HRO theory can be extended to the pharmaceutical industry. Furthermore, 52 blockchain applications for operational risk management in the HROs healthcare and pharmaceutical are identified in the literature review. The result of the empirical section is that the pharmaceutical industry is working on further blockchain solutions in addition to the blockchain applications for the operational risk of counterfeits drugs.&#13;Further research is needed to confirm the pharmaceutical industry as an HRO and to elaborate the potential of blockchain for operational risk management in other HROs.


Periodical
Blockchain: Research and Applications
Author:
ISSN: 26669536


Dissertation
Modeling a multisided platform for renewable energy trade based on Blockchain.
Authors: --- ---
Year: 2017 Publisher: Liège Université de Liège (ULiège)

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The vision behind this thesis is to capitalise the opportunities presented by the current changes in the electricity market being driven by decarbonisation, digitalisation and decentralisation. A multisided platform could be the way to enable innovative distributed energy resources in a collaborative open market, based on the blockchain guarantees of a security and transparency. &#13;A move to more renewable energy sources to achieve the climate objectives can never be financed based on the energy cost alone. Single agents today have only the possibility to reduce consumption, but are unable to participate actively on the market. Agents need an ecosystem able to unlock the possibilities of renewable energy. This ecosystem creates value for the participants by combining their needs and capabilities with the inefficiencies and possibilities of the electricity market. &#13;Blockchain is a valuable enabler for the functionality. It delivers the required data management and settlement requirements plus it facilitates as well open innovation and development of 3rd party offerings on top of the existing platform resulting in more value for the participants of the network.&#13;A multisided platform described in this thesis using a distributed ledger creates capabilities which cannot be achieved with the current business models. The multisided platform ecosystem will facilitate the consumer to exploit the advantages of renewable energies. By participating in the ecosystem, the consumer creates value and helps to achieve the EU climate goals.


Dissertation
Blockchain technology applications : CO2 tracking in supply chains
Authors: --- --- ---
Year: 2020 Publisher: Liège Université de Liège (ULiège)

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In recent years, blockchain technology has drawn considerable interest from different industries and communities across the globe. From IBM to Microsoft, from Chile to Estonia, businesses and governments are investing in blockchain and are looking for ways to create new opportunities thanks to this revolutionary technology. Bitcoin has revolutionized financial markets; however, the possibilities blockchain offers behind cryptocurrencies are infinite. Many use cases ranging from energy management to supply chain optimization are at the forefront of innovation. Besides, blockchain is said to be one of the most successful enablers of sustainability.&#13;We livre in a world where global warming has direct consequences on our everyday lives. Companies are starting to understand that climate change also represent a risk for their business that can result in severe profit downturns. An efficient way for companies to mitigate that risk is not only to assess their direct carbon impact, but also the environmental footprint of their entire value chain. This process can be carried out at the company level using Life Cycle Analyses tools. However, we are forced to note that investors demand more transparency and customers require greater clarity on the carbon footprint of delivered products.&#13;Based on a project initiated and supported by ENGIE Impact, this Master thesis attempts to create a new paradigm of supply chains where blockchain could be used to track the CO2 emissions associated to a specific product. By combining the decentralization, transparency, and data security features of blockchain with the benefits provided by Smart Contracts, we propose a comprehensive model of blockchain application for CO2 tracking. To illustrate the theoretical development of such an application, we focused on the use case of the potato fries value chain in Belgium. The paper describes all the methodological and technological aspects behind the application and shows how blockchain can bring significant value and incentives to its ecosystem of stakeholders. &#13;Finally, this paper concludes on the significant added value blockchain brings about in comparison with other technological solutions.


Book
Cryptocurrency and Blockchain Technology

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This handbook will provide a comprehensive treatment of the gamut of issues and challenges that exist through the development of both cryptocurrencies and blockchain technology. This will not be confined to simply the investment potential within these new technological areas. We will examine the challenges in the regulatory, legal, taxation, accounting, modelling, ethical, macroeconomic impact and internationalization issues. Research on cryptocurrencies and blockchain technology has identified issues such as pricing abnormalities and bubble-like behavior, indicating that these new assets are highly speculative in nature, contain a growing number of legal abnormalities (such as the hacking of exchanges and broad theft of investor assets) and a growing number of significant regulatory issues. It is paramount that we investigate each of these issues in great detail to help to determine whether cryptocurrencies and blockchain technology merits consideration as a sustainable alternative investment asset. The handbook will be useful for specialist technical audiences such as legal, accounting and financial practices. It will also be beneficial for upper level masters and research students in economics, law, accounting, taxation, investment and portfolio management.


Book
Blockchain-Based Digitalization of Logistics Processes—Innovation, Applications, Best Practices
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Year: 2022 Publisher: Basel MDPI Books

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Blockchain technology is becoming one of the most powerful future technologies in supporting logistics processes and applications. It has the potential to destroy and reorganize traditional logistics structures. Both researchers and practitioners all over the world continuously report on novel blockchain-based projects, possibilities, and innovative solutions with better logistic service levels and lower costs. The idea of this Special Issue is to provide an overview of the status quo in research and possibilities to effectively implement blockchain-based solutions in business practice. This Special Issue reprint contained well-prepared research reports regarding recent advances in blockchain technology around logistics processes to provide insights into realized maturity.


Book
Blockchain-Based Digitalization of Logistics Processes—Innovation, Applications, Best Practices
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Year: 2022 Publisher: Basel MDPI Books

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Blockchain technology is becoming one of the most powerful future technologies in supporting logistics processes and applications. It has the potential to destroy and reorganize traditional logistics structures. Both researchers and practitioners all over the world continuously report on novel blockchain-based projects, possibilities, and innovative solutions with better logistic service levels and lower costs. The idea of this Special Issue is to provide an overview of the status quo in research and possibilities to effectively implement blockchain-based solutions in business practice. This Special Issue reprint contained well-prepared research reports regarding recent advances in blockchain technology around logistics processes to provide insights into realized maturity.


Book
Blockchain-Based Digitalization of Logistics Processes—Innovation, Applications, Best Practices
Author:
Year: 2022 Publisher: Basel MDPI Books

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Abstract

Blockchain technology is becoming one of the most powerful future technologies in supporting logistics processes and applications. It has the potential to destroy and reorganize traditional logistics structures. Both researchers and practitioners all over the world continuously report on novel blockchain-based projects, possibilities, and innovative solutions with better logistic service levels and lower costs. The idea of this Special Issue is to provide an overview of the status quo in research and possibilities to effectively implement blockchain-based solutions in business practice. This Special Issue reprint contained well-prepared research reports regarding recent advances in blockchain technology around logistics processes to provide insights into realized maturity.


Book
Building-blocks of a data protection revolution : the uneasy case for blockchain technology to secure privacy and identity
Author:
ISBN: 3845294027 3848752220 Year: 2018 Publisher: Nomos Verlagsgesellschaft mbH & Co. KG

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The General Data Protection Regulation (GDPR) replaced the old and battered Data Protection Directive on 25 May 2018 after a long-drawn reform. The rapidly evolving technological landscape will test the ability of the GDPR to effectively achieve the goals of protecting personal data and the free movement of data. This book proposes a technological supplement to achieve the goal of data protection as enshrined in the GDPR. The proposal comes in the form of digital identity management platforms built on blockchain technology. However, the very structure of blockchain poses some significant challenges in terms of compatibility with the GDPR. Accordingly, the claim of GDPR being a technologically neutral legislation is examined. The compatibility of a blockchain-based solution is scrutinised on the parameters of data protection principles like accountability, data minimisation, control and data protection by design in conjunction with the right to be forgotten and right to data portability.


Book
Intelligent Computing for Big Data
Authors: ---
ISBN: 3036558780 3036558772 Year: 2022 Publisher: Basel MDPI - Multidisciplinary Digital Publishing Institute

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Recent advances in artificial intelligence have the potential to further develop current big data research. The Special Issue on ‘Intelligent Computing for Big Data’ highlighted a number of recent studies related to the use of intelligent computing techniques in the processing of big data for text mining, autism diagnosis, behaviour recognition, and blockchain-based storage.

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