Review

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

Volume: 9 Number: 4 July 31, 2021
TR EN

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

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. 

Keywords

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.

References

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Details

Primary Language

English

Subjects

Engineering

Journal Section

Review

Publication Date

July 31, 2021

Submission Date

January 26, 2021

Acceptance Date

April 17, 2021

Published in Issue

Year 2021 Volume: 9 Number: 4

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
1.Adıgüzel K, Krasnokutska N. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DUBİTED. 2021;9(4):1020-1040. doi:10.29130/dubited.868598
Chicago
Adıgüzel, Koray, and Nataliia Krasnokutska. 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): 1020-40. 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
[1]K. Adıgüzel and N. Krasnokutska, “Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem”, DUBİTED, vol. 9, no. 4, pp. 1020–1040, July 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 1, 2021): 1020-1040. https://doi.org/10.29130/dubited.868598.
JAMA
1.Adıgüzel K, Krasnokutska N. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DUBİTED. 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, July 2021, pp. 1020-4, doi:10.29130/dubited.868598.
Vancouver
1.Koray Adıgüzel, Nataliia Krasnokutska. Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem. DUBİTED. 2021 Jul. 1;9(4):1020-4. doi:10.29130/dubited.868598

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