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Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem

Year 2021, , 1020 - 1040, 31.07.2021
https://doi.org/10.29130/dubited.868598

Abstract

Trust is the most important key element in the history of humanity and its success. We see and witness an emerging and exciting technology called Blockchain, eliminating losses caused by anti-trust and relieves pain in our social-build environment. Although the atmosphere in business, management, and society today has been heavily altered and involved, trust stays the same. This requirement leads companies in various industries to use new techniques to ensure their customer's business is in safe hands. Unfortunately, most of the current research is heavily based on the Bitcoin currency rather than its underlying technology, which focuses on revealing and improving Blockchain's limitations from managerial value perspectives. Many of the proposed solutions lack a concrete evaluation of their effectiveness. Many other Blockchain scalability related challenges, including throughput and latency, have been left unstudied. In this study, enabling functions is studied, and Blockchain's contribution to organisations' management is discussed. Besides, applicability in today's economic environment in various industries is studied. It is understood that after the development of technologies that eliminate centralised structures such as Blockchain, the business world is keen to adapt to this change. In this context, it is concluded that including new technologies such as Blockchain increased trust in various industries, and in the majority of the studies, Blockhain considered being an element to reduce costs and create a more transparent environment. It can be said that this technology contributes to the development and better understanding of the application area of the industries mentioned in the study. 

Thanks

We would like to show our appreciation and extend special thanks to Mrs Özlem Özdemir Adıgüzel (M.Sc.Project and Program Management) for her contribution to manuscript structuring, formatting, style and consistency.

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Güven ve Şeffaflığın Yeniden Tesis Edilmesi ve Gözetilmesi, Blokzincirin Bin Yıllık Bir Sorunun Çözümüne Katkısı

Year 2021, , 1020 - 1040, 31.07.2021
https://doi.org/10.29130/dubited.868598

Abstract

Güven, insanlık tarihinin ve başarısının en önemli anahtar unsurudur. Güvensizliğin neden olduğu kayıpları durdurmak ve sosyal yapı ortamımızdaki sancıları hafifletebilmek amacına yönelik olarak geliştirilen ve blokzincir olarak tanımlanan heyecan verici yeni bir teknolojinin doğuşuna tanık oluyoruz. Günümüzde her ne kadar işletme-yönetim ve sosyal toplum arasındaki ilişki ve atmosfer büyük ölçüde değişmiş birebirleri ile oluşan ilişkileri kurallar ile entegre olsa da güvene karşı gereksinim aynı kalmaktadır. Bu gereklilik, çeşitli sektörlerdeki şirketlerin müşterilerinin kendileri ile oluşturduğu ticari bağ ve işlemlerin emin ellerde olmasını sağlamak adına yeni teknolojiler kullanmaya yönlendirirmektedir. Ne yazık ki, mevcut bilimsel araştırmaların çoğu, blokzincirin yönetimsel değer perspektiflerinden sınırlamalarını ortaya çıkarmaya ve iyileştirmeye odaklanan temel teknolojisinden ziyade bitcoin para birimine dayanmaktadır. Önerilen çözümlerin çoğu, etkinliklerinin somut bir değerlendirmesinden yoksundur. Verimlilik ve gecikme dahil olmak üzere, diğer birçok blokzincir ölçeklenebilirliği ile ilgili zorluklar incelenmeden bırakılmıştır. Bu çalışmada, etkinleştirici işlevler incelenmiş ve blokzincirin kuruluşların yönetimine katkısı tartışılmıştır. Ayrıca günümüz ekonomik ortamında çeşitli endüstrilerdeki uygulanabilirliği incelenmektedir. Blokzincir gibi merkezi yapıları ortadan kaldıran teknolojilerin gelişmesinden sonra iş dünyasının da bu değişime uyum sağlamaya istekli olduğu anlaşılmaktadır. Bu bağlamda, blokzincir gibi yeni teknolojilerin dahil edilmesinin çeşitli sektörlerde güveni artırdığı ve çalışmaların çoğunda blokzincirin maliyetleri düşürmek ve daha şeffaf bir ortam oluşturmak için bir unsur olarak değerlendirdiği sonucuna varılmıştır. Bu teknolojinin çalışmada adı geçen sektörlerin uygulama alanlarının gelişmesine ve daha iyi anlaşılmasına katkı sağladığı düşünülmektedir.

References

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There are 66 citations in total.

Details

Primary Language English
Subjects Engineering
Journal Section Articles
Authors

Koray Adıgüzel 0000-0002-7207-5146

Nataliia Krasnokutska This is me 0000-0001-8184-3816

Publication Date July 31, 2021
Published in Issue Year 2021

Cite

APA Adıgüzel, K., & Krasnokutska, N. (2021). Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. Duzce University Journal of Science and Technology, 9(4), 1020-1040. https://doi.org/10.29130/dubited.868598
AMA Adıgüzel K, Krasnokutska N. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DÜBİTED. July 2021;9(4):1020-1040. doi:10.29130/dubited.868598
Chicago Adıgüzel, Koray, and Nataliia Krasnokutska. “Re-Establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem”. Duzce University Journal of Science and Technology 9, no. 4 (July 2021): 1020-40. https://doi.org/10.29130/dubited.868598.
EndNote Adıgüzel K, Krasnokutska N (July 1, 2021) Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. Duzce University Journal of Science and Technology 9 4 1020–1040.
IEEE K. Adıgüzel and N. Krasnokutska, “Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem”, DÜBİTED, vol. 9, no. 4, pp. 1020–1040, 2021, doi: 10.29130/dubited.868598.
ISNAD Adıgüzel, Koray - Krasnokutska, Nataliia. “Re-Establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem”. Duzce University Journal of Science and Technology 9/4 (July 2021), 1020-1040. https://doi.org/10.29130/dubited.868598.
JAMA Adıgüzel K, Krasnokutska N. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DÜBİTED. 2021;9:1020–1040.
MLA Adıgüzel, Koray and Nataliia Krasnokutska. “Re-Establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem”. Duzce University Journal of Science and Technology, vol. 9, no. 4, 2021, pp. 1020-4, doi:10.29130/dubited.868598.
Vancouver Adıgüzel K, Krasnokutska N. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DÜBİTED. 2021;9(4):1020-4.