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Cryptocurrencies are characterized by high volatility, both in the short and long term. Experienced traders exploit this to make profits from price fluctuations by swing trading. However, this requires closely observing and analyzing the prices and trading positions at the right time. Only a few specialists, who spend time focusing on this, or optimized trading bots are able to actually make continuously profits. The autradix protocol is a selfoptimizing and self-learning parametric trading algorithm that analyzes price actions in real-time and adaptively optimizes the algorithm’s parameters to realize the user’s investment objective. Embedded in an adaptive genetic algorithm, possible parameterizations are simulated and the optimal for the investigated trading pairs are calculated. The generic trading protocol API enables coupling with various crypto exchanges and decentralized protocols. A smart contract based decentralized, trustless, and tokenized fund, controlled by a DAO, enables users to invest, operate trading agents, and to participate in the profits generated according to their share.
With the advancement in cryptography and emerging internet technology, electronic voting is gaining popularity since it ensures ballot secrecy, voter security, and integrity. Many commercial startups and e-Voting systems have been proposed, but due to lack of trust, privacy, transparency, and hacking issues, many solutions have been suspended. Blockchain, along with cryptographic primitives, has emerged as a promising solution due to its transparent, immutable, and decentralized nature. In this paper, we summarized the properties that existing solutions should satisfy and explained some cryptographic primitives like ZKP, Ring signatures along with their security limitations. We gave a comprehensive review of some blockchain-based e-Voting systems and discussed their strengths and weaknesses based on the given properties with table of comparison.
Abstract: Blockchain Technology has become an innovative, mature tool for digital transformation, disrupting more and more application areas in their business processes, values, or even economic models. This paper leverages more than 30 academic publications on prototypes and their Blockchain-based use cases to transact certificates in the context of public education. The conceptual design and guiding ideas are reflected in the practical application development for the Federal Ministry of Education and Research ECHT! project within the showcase region WIR! in Mittweida and are used for the research design. During this approach we applied agile methods and the current certificate process to propose a comprehensive disclosure of a new software prototype including a three-layered architecture with multi-stakeholder components. The artefact instantiation contributes to the practical knowledge base within Information System Research and specifically in digital certificate processes starting from creation, searching, and proofing up to revoking by consideration of an existing IT landscape as well as organizational hierarchy.
Over the last two decades, the rapid advances in digitization methods put us on the fourth industrial era’s cusp. It is an era of connectivity and interactivity between various industrial processes that need a new, trusted environment to exchange and share information and data without relying on third parties. Blockchain technologies can provide such a trusted environment. This paper focuses on utilizing the blockchain with its characteristics to build machine-to-machine (M2M) communication and digital twin solutions. We propose a conceptual design for a system that uses smart contracts to construct digital twins for machines and products and executes manufacturing processes inside the blockchain. Our solution also employs the decentralized identifiers standard (DIDs) to provide self-sovereign digital identities for machines and products. To validate the approach and demonstrate its applicability, the paper presents an actual implementation of the proposed design to a simulated case study done with the help of Fischertechnik factory model.
Bitcoin's energy consumption and social costs in relation to its capacity as a settlement layer
(2021)
Bitcoin runs on energy. The decentralized network’s amount of energy consumption has resulted in multifaceted discussions about its efficiency and environmental impact. To put Bitcoin’s energy consumption into perspective, we propose to relate (a) the energy consumption in TWh and (b) resulting social costs in the form of carbon emissions to the Dollar value settled on the Bitcoin network. Both metrics allow to relate and quantify the capacity of Bitcoin as a settlement layer to the network’s energy consumption and resulting carbon missions, or social costs. We find that in early 2021 Bitcoin (a) settles between $2,333 and $7,555 for each Dollar spent on energy and (b) that, on average, a Dollar settled on the Bitcoin blockchain causes in social costs between 0.007% and 0.01%, depending on the estimated energy consumption converted into the costs of carbon emissions. These results help to assess the efficiency, cost and sustainability of Bitcoin and may allow a comparison of Bitcoin with existing settlement base layers such as Fedwire or gold
Blockchain and other distributed ledger technologies are evolving into enabling infrastructures for innovative ICT-solutions. Numerous features, such as decentralization, programmability, and immutability of data, have led to a multitude of use cases that range from cryptocurrencies, tracking and tracing to automated business protocols or decentralized autonomous systems. For organizations that seek blockchain adoption, the overwhelming spectrum of potential application areas requires guidance reducing complexity and support the development of blockchain-based concepts. This paper introduces a classification approach to provide design and implementation guidance that goes beyond current textbook classifications. As an outcome, a typology for management and business architects is developed, before the paper concludes with an instantiation of existing use cases and a discussion of their classes.
Mapping identities, digital assets, and people’s profiles on the internet is getting much traction in the blockchain cosmos lately. The new technology is currently forming architectures that will further pave new ways to reach fundamental mechanisms to interact in a decentralized, user-centered manner. These schemes are often declared as the next generation of the web. Within the article will be shown, how the internet has evolved in managing identities, what problems arose, and how new data architectures help build applications on top of privacy rights. Both technological and ethical perspectives are viewed to answer which guidelines should be considered to fulfill the upcoming branch of decentralized services and what we can learn from historical schemes regarding their privacy, accounting, and user data.
Global challenges like climate change, food security, and infectious diseases such as the COVID-19 pandemic are nearly impossible to tackle when established experts and upstart innovators work in silos. If research organizations, governments, universities, NGOs, and the private sector could collaborate on these challenges more easily, lasting solutions would certainly come more quickly. Aligned with the United Nations’ Sustainable Development Goals, SAIRA connects key players in different arenas: scientists and engineers at research and technology organizations (RTOs) looking to collaborate on sustainable development projects, companies seeking R&D support to tackle their most challenging problems, and startups with innovative ideas and a desire to scale. The platform is a blockchain-secured open innovation platform, anchored on Max Plank Digital Library's blockchain network bloxberg, that assures the authenticity and integrity of all user-generated content and collaboration processes.
While blockchain technology is still in an early stage of its development, it is already of surging economic importance.
In the literature, blockchain is referred to as either being a disruptive, institutional, foundational, or general purpose technology. There is still no consensus about the economic theory that should apply for analyzing its economic effects. This article draws on use cases from the coffee supply chain to explore, which theories could potentially apply to an emerging blockchain economy.
Smart ultrafast laser processing with rotating beam – Laser micro drilling, cutting and turning
(2021)
Current micro drilling, cutting and turning processes are mainly based on EDM, milling, stamping, honing or grinding. All these technologies are using a tool with a predefined geometry that is transferred to the working piece. In contrast the laser is a highly flexible tool, which can adapt its size very fast by changing only a software setting. Thanks to the efforts in laser development during the last years, stable ultrafast lasers with sufficient average power and high repetition rates became industrially available. For using as many pulses as possible, a cost-efficient production demands for innovative processes and machining setups with fast axes movement and special optics for beam manipulation. GFH has developed a helical drilling optics, which rotates the beam up to 30.000 rpm in a very precise circle and allows furthermore to adjust the diameter and the incidence angle. This enables the laser to be used for high precision drilling and cutting and also for micro turning processes.