Emerging Applications of Blockchain Technology

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Vinod Kumar Shukla, PhD -Associate Professor (Information Technology) and Head of Academics, School of Engineering Architecture Interior Design, Amity University Dubai, United Arab Emirates
Sonali Vyas, PhD -Assistant Professor, School of Computer Science, University of Petroleum and Energy Studies, Dehradun, Uttarakhand, India
Shaurya Gupta, PhD – Assistant Professor, School of Computer Science, University of Petroleum and Energy Studies, Dehradun, Uttarakhand, India
Suchi Dubey, PhD – Associate Professor, School of Business at Manipal Academy of Higher Education, United Arab Emirates

Series: Computer Science, Technology and Applications
BISAC: COM004000; COM093000
DOI: https://doi.org/10.52305/CFEV0448

Blockchain has been one of the most talked-about technologies in recent times. The Blockchain is a decentralized, distributed database allowing secure and transparent transactions. It has gained attention because of its ability to provide a tamper-proof record-keeping system and its potential to transform industries across the globe.

Blockchain technology is expected to transform the financial industry, allowing for decentralized banking and lending services that anyone with an internet connection can access. Decentralized finance (DeFi) is already gaining traction, and it is only a matter of time before it becomes mainstream. Blockchain technology can help create a more secure and transparent record-keeping system in the healthcare industry. Integrating Blockchain technology can transform supply chain management to create a more efficient and transparent supply chain. By providing real-time tracking and visibility of products, Blockchain can help to reduce the risk of fraud and improve the quality of products. A wide range of applications is covered in this book, such as Decentralized finance (DeFi), Healthcare, Supply chain management, Identity management, and Smart Electricity Grids.

The book is divided into two sections. Section – I explores Blockchain technologies and their applications in various domains, such as Blockchain trends, challenges, applications, cryptocurrencies, digital marketing, healthcare supply chain, and artificial intelligence, and Section – II explores the various aspects of data security using Blockchain technologies, such as Smart Contract, IoT using Blockchain, accounting and auditing, sustainable retail SMEs, and secure and smart application. The book is research and application-oriented, which will provide a common platform to all researchers and practitioners in this domain and covers different verticals of industry and academics, which is an added advantage of this book.

This book will serve as a valuable resource for students, researchers, and practitioners interested in the emerging applications of blockchain technology. With its comprehensive coverage of the foundational concepts, use cases, and future possibilities of blockchain technology, this book is an essential guide for understanding the potential of this game-changing technology. We believe that blockchain technology has the potential to revolutionize the way we store, transfer, and verify information, and we are excited to explore its possibilities in this book.

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Table of Contents

Preface

Chapter 1. Blockchain and Its Applications
Arjun Singh¹, Ajay Prasad² and Surbhi Chauhan³
¹Department of Computer and Communication Engineering, Manipal University Jaipur, Jaipur, India
²School of Computer Science, University of Petroleum and Energy Studies, Dehradun, India
³Department of Computer Science, Jaipur Institute of Engineering and Management, Jaipur, India

Chapter 2. Blockchain Technology: Emerging Trends and Applications
Mohammad Abu Kausar and Arockiasamy Soosaimanickam
Department of Information Systems, University of Nizwa, Nizwa, Sultanate of Oman

Chapter 3. Blockchain Implementation, Challenges and Issues
Praveen M. Kulkarni¹, Rashmi R. Rachh² and Gurudutt S. Nayak³
¹KLS Institute of Management Education and Research, Belagavi, Karnataka, India
²Department of Computer Science and Engineering, Visvesvaraya Technological University, Belagavi, Karnataka, India
³T.A. Pai Management Institute, Manipal, Karnataka, India

Chapter 4. The Trustworthiness of Cryptocurrencies Among Youth in India
Sakshi Majithia¹, Shailja Vashisht² and Hardeep Singh Mundi³
¹MBA Student, School of Business, University of Petroleum and Energy Studies, Dehradun, India
²Research Scholar, Mittal School of Business, Lovely Professional University, India
³Department of Finance, Institute of Management Technology Ghaziabad, Ghaziabad, India

Chapter 5. Blockchain: A Game Changer in Digital Marketing
Amitabh Bhargava¹ and Deepshikha Bhargava²
¹Amity Business School, Amity University, Greater Noida, India
²Amity School of Engineering & Technology, Amity University, Greater Noida, India

Chapter 6. The Application of Blockchain in Healthcare: Artificial Intelligence with Reinforcement Learning
V. Nijana and P. Selvi Rajendran
Department of Computer Science and Engineering, Hindustan Institute of Technology and Science, Tamil Nadu, India

Chapter 7. Blockchain-Based Collection and Distribution of Zakat
Arif Attar¹, Muhammed Saqib¹ and Suchi Dubey²
¹College of Business, Jumeira University, Dubai, United Arab Emirates
²School of Business, Manipal Academy of Higher Education, Dubai Campus, Dubai, United Arab Emirates

Chapter 8. An Analysis of Implementing Blockchain Technology in Adhaar Mandate
Gagandeep Kaur¹ and Aarushi Chandra²
¹School of Law, University of Petroleum and Energy Studies, Dehradun, India
²Privacy Counsel, OLX Group, Gurugram, India

Chapter 9. Enhancing Traceability within Supply Chains Through Smart Contracts
Evander William Flanagan¹, Vinod Kumar Shukla¹, Deepa Suresh² and Preetha V K³
¹Department of Engineering and Architecture, Amity University, Dubai, United Arab Emirates
²Department of Applied Science, Abu Dhabi University, Abu Dhabi, United Arab Emirates
³Department of Computing, University of Stirling, Ras-Al-Khaimah, United Arab Emirates

Chapter 10. Secure Data Sharing in IoT Using Blockchain
Adeeba Habeeb¹, Vinod Kumar Shukla¹, Shaurya Gupta² and Sonali Vyas²
¹Department of Engineering and Architecture, Amity University, Dubai, United Arab Emirates
²School of Computer Science, University of Petroleum and Energy Studies, Dehradun, India

Chapter 11. The Effectiveness of Blockchain in Dismantling the Fraud Triangle in Accounting and Auditing
Kamakshi Mehta¹, Bhoomika Batra², Rajesh Sannegadu³ and Vinod Kumar Shukla⁴
¹TAPMI School of Business, Manipal University Jaipur, Jaipur, India
²EdBhoomi Learning, Ranchi, India
³Faculty Law and Management, University of Mauritius, North-West University, South Africa
⁴Department of Engineering and Architecture, Amity University Dubai, United Arab Emirates

Chapter 12. Developing Sustainable Retail SMEs with Blockchain Technology: An Integrated Framework
Leena Wanganoo¹, Ramakrishna Yanamandra² and Vinod Kumar Shukla³
¹School of Business, Murdoch University, Dubai, United Arab Emirates
²School of Business, Skyline University College, Sharjah, United Arab Emirates
³Department of Engineering and Architecture, Amity University, Dubai, United Arab Emirates

Chapter 13. Blockchain Technology-Based Smart Electricity Grids
Fatema Sohail Boorjiwala¹, Vinod Kumar Shukla¹, Ashok Chopra² and Purushottam Sharma³
¹Department of Engineering and Architecture, Amity University, Dubai, United Arab Emirates
²Amity Business School, Amity University, Dubai, United Arab Emirates
³Department of Engineering, Amity University, Noida, Uttar Pradesh, India

Chapter 14. IOT and Blockchain: An In-Depth Walkthrough of Technologies
Ruchika Bathla¹, Ashish Singhal² and Kunwar Bharat Singh¹
¹Amity Institute of Information Technology, Amity University, Uttar Pradesh, India
²Godrej Consumer Products Limited, Vikhroli, Mumbai, Maharashtra, India

Chapter 15. Blockchain Technology for Secure and Smart Applications Across Industries
Lipsa Das¹, Sonali Vyas², Rishit Jain3 and Aryan Gulati³
¹Department of Electronics & Communication, Amity University, Greater Noida, Uttar Pradesh, India
²School of Computer Science, University of Petroleum and Energy Studies, Dehradun, India
³Department of Computer Science, Amity University, Greater Noida, Uttar Pradesh, India

Chapter 16. Blockchain and RFID for Baggage Movement in the Aviation Industry
Suchi Dubey¹, Anurag Singh², Shoaib Riaz³ and Vinod Kumar Shukla⁴
¹School of Business, Manipal Academy of Higher Education, Dubai Campus, Dubai, United Arab Emirates
²School of Business, University of Petroleum and Energy Studies, Dehradun, India
³Institute of Innovation, Science, and Sustainability, Federation University, Ballarat, Australia
⁴Department of Engineering and Architecture, Amity University, Dubai, United Arab Emirates

Chapter 17. Artificial Intelligence and Machine Learning-Integrated Blockchain for Future Cyber Security
Nikita Soren and P. Selvi Rajendran
Department of Computer Science and Engineering, Hindustan Institute of Technology and Science, Chennai, Tamil Nadu, India

Index

About the Editors

Editor’s ORCID iD

Vinod Kumar Shukla – 0000-0002-1143-0992

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