This book investigates the recent applications of blockchain technology in financial services, energy sector, and summarizes regulatory responses, to set the scene for future work on corporate governance.
This edited book highlights the current governance framework for the blockchain and its development as a self-governing framework. It discusses blockchain technology’s effectiveness in developing solutions for supply chains, trade finance, and banking. Moreover, it shows how banking and financial institutions are the major beneficiaries of this decentralized technology. Furthermore, the book outlines the link between company governance theories, regulatory, ethical, and social controls, and blockchain adoption. It also investigates the recent applications of blockchain technology in financial services, the health sector, and the energy sector.
Audience
The book is specially designed for researchers, industrialists, engineers, graduate students, and policymakers, who aspire to learn, discuss, and carry out further research into the opportunities offered by blockchain and the possible ways of regulating it.
Table of Contents
Foreword xvii
Preface xix
Acknowledgment xxi
1 Role of Blockchain Technology in the Modern Era 1
Kuldeep Singh Kaswan, Jagjit Singh Dhatterwal, Kiran Sood and Balamurugan Balusamy
Part 1: Blockchain: Opportunities for Healthcare 4.0 29
2 BTCG4: Blockchain Technology in Electronic Healthcare Systems 31
Amrinder Singh and Geetika Madaan
3 Blockchain Technology and Healthcare: Towards Combating COVID-19 57
Reena Malik and Sonal Trivedi
4 Blockchain-Based Energy-Efficient Heterogeneous Sensor Networks in Healthcare System 75
R. Janarthanan and J. Venkatesh
5 Development of a Safe Health Framework Using a Temporary Blockchain Technique 99
J. Venkatesh and R. Janarthanan
6 Data Consistency, Transparency, and Privacy in Healthcare Systems Using Blockchain Technology 125
Kalaiselvi Rajendiran, Akshaya Sridhar and Ananda Vayaravel Cassinadane
Part 2: Blockchain in the Energy@Sector 143
7 Application of Blockchain Technology in Sustainable Energy@Systems 145
Navdeep Kaur, Suman Bhullar and Navneet Seth
8 Revamping Energy Sector with a Trusted Network: Blockchain@Technology 163
Alain Aoun, Mazen Ghandour, Adrian Ilinca and Hussein Ibrahim
Part 3: The Impact of Blockchain on the Financial Industry 197
9 Process Innovation and Unification of KYC Document Management System with Blockchain in Banking 199
Priya Jindal, Jasmine Kaur and Kiran Sood
10 Applying Blockchain Technology to Address NPA Issues During the COVID-19 Pandemic 217
Jasmine Kaur, Priya Jindal and Kiran Sood
11 Blockchain and Smart Contracts for Insurance Industry 239
Rupa Khanna Malhotra, Chandan Gupta and Priya Jindal
12 How Blockchain Can Transform the Financial Services Industry 253
Aashima and Birajit Mohanty
13 The Impact of Blockchain Technology and COVID-19 on the Global Banking Industry 283
Jyoti Verma and Gagandeep
14 Blockchain-Based Framework -- A Scientific Tool for Developing a Robust Banking System 303
Minakshi Thaman
Part 4: Blockchain Applications and Sustainability Issues 325
15 Advanced Cryptographic Technologies in Blockchain 327
Osheen Oberoi and Sahil Raj
16 Network Security Issues in Blockchain Architectures 353
Keshav Kaushik
17 A Comprehensive Report on Blockchain Technology, Its Applications, and Open Research Challenges 369
Shilpi Garg, Rajesh Kumar Kaushal and Naveen Kumar
18 New Blockchain Taxonomies and Trust Models Impacting Business@Performance 387
Hani El Chaarani, Zouhour EL Abiad and Hebatallah Abd El Salam Badawy
References 408
Index 413