Elsevier

Advances in Computers

Volume 121, 2021, Pages 345-354
Advances in Computers

Chapter Seventeen - Blockchain for enterprise

https://doi.org/10.1016/bs.adcom.2020.08.017Get rights and content

Abstract

Blockchain for enterprise is on its way to pave the way for the future. Many organizations like IBM are trying to invest in an enterprise blockchain platform and enhance their business model. Enterprise blockchains mainly focus on the features of enterprise-grade and solve the issues that the industry faces. All the enterprise blockchain is specially equipped to meet with all organizational demands. Some important features of blockchain that enterprise can utilize are decentralized nature and ensures P2P network, immutability for no corruption, greater transparency increases responsibility, the cheaper cost will save money, the faster network increases efficiency, etc. In this chapter, we have described the need for blockchain technology in the future industry.

Section snippets

Track assets in a business network

In the 1950s, when the Internet has emerged, the communication between the organizations is very simple. It is very easy for the people who digitizing and automating the process for communication. Then, move away and the use of physical modes to communicate through digital modes. These modes can use a protocol to send messages from one place to another. So, in today's world, there is a number of TCP/IP protocols to communicate the people with one another. Let us take an example of a payment

Benefits of blockchain in a business

Now, we discuss the use of blockchain in a business network where all the participants will perform equally. They shared their information with the other participants and also take information from the others whenever they need it to use on their business processes. It is a process of an exchange of messages during the transaction and all the participants agree on that transaction is valid and can be added on to the network. All these transactions are performed by users who are secured and

Shubhani Aggarwal is pursuing PhD from Thapar Institute of Engineering & Techno-logy (Deemed to be University), Patiala, Punjab, India. She received the BTech degree in Computer Science and Engineer-ing from Punjabi University, Patiala, Punjab, India, in 2015, and the ME degree in Computer Science from Panjab University, Chandigarh, India, in 2017. She has many research interests in the area of Blockchain, cryptography, Internet of Drones, and information security.

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Shubhani Aggarwal is pursuing PhD from Thapar Institute of Engineering & Techno-logy (Deemed to be University), Patiala, Punjab, India. She received the BTech degree in Computer Science and Engineer-ing from Punjabi University, Patiala, Punjab, India, in 2015, and the ME degree in Computer Science from Panjab University, Chandigarh, India, in 2017. She has many research interests in the area of Blockchain, cryptography, Internet of Drones, and information security.

Neeraj Kumar received his PhD in CSE from Shri Mata Vaishno Devi University, Katra (Jammu and Kashmir), India in 2009, and was a postdoctoral research fellow in Coventry University, Coventry, UK. He is working as a Professor in the Department of Computer Science and Engineering, Thapar Institute of Engineering & Technology (Deemed to be University), Patiala (Punjab), India. He has published more than 400 technical research papers in top-cited journals such as IEEE TKDE, IEEE TIE, IEEE TDSC, IEEE TITS, IEEE TCE, IEEE TII, IEEE TVT, IEEE ITS, IEEE SG, IEEE Netw., IEEE Comm., IEEE WC, IEEE IoTJ, IEEE SJ, Computer Networks, Information sciences, FGCS, JNCA, JPDC, and ComCom. He has guided many research scholars leading to PhD and ME/MTech. His research is supported by funding from UGC, DST, CSIR, and TCS. His research areas are Network Management, IoT, Big Data Analytics, Deep Learning, and Cybersecurity. He is serving as editor of the following journals of repute: ACM Computing Survey, ACM·IEEE Transactions on Sustainable Computing, IEEE·IEEE Systems Journal, IEEE·IEEE Network Magazine, IEE·IEEE Communication Magazine, IEE·Journal of Networks and Computer Applications, Elsevier Computer Communication, Elsevier International Journal of Communication Systems, Wiley. Also, he has been a guest editor of various international journals of repute such as IEEE Access, IEEE ITS, Elsevier CEE, IEEE Communication Magazine, IEEE Network Magazine, Computer Networks, Elsevier, Future Generation Computer Systems, Elsevier, Journal of Medical Systems, Springer, Computer and Electrical Engineering, Elsevier, Mobile Information Systems, International Journal of Ad Hoc and Ubiquitous Computing, Telecommunication Systems, Springer, and Journal of Supercomputing, Springer. He has also edited/authored 10 books with international/national publishers like IET, Springer, Elsevier, CRC: Security and Privacy of Electronic Healthcare Records: Concepts, Paradigms and Solutions (ISBN-13: 978-1-78561-898-7), Machine Learning for Cognitive IoT, CRC Press, Blockchain, Big Data and IoT, Blockchain Technologies Across Industrial Vertical, Elsevier, Multimedia Big Data Computing for IoT Applications: Concepts, Paradigms and Solutions (ISBN: 978-981-13-8759-3), Proceedings of First International Conference on Computing, Communications, and Cyber-Security (IC4S 2019) (ISBN 978-981-15-3369-3). One of the edited text-book entitled, “Multimedia Big Data Computing for IoT Applications: Concepts, Paradigms, and Solutions” published in Springer in 2019 is having 3.5 million downloads till June 6, 2020. It attracts attention of the researchers across the globe (https://www.springer.com/in/book/9789811387586). He has been a workshop chair at IEEE Globecom 2018 and IEEE ICC 2019 and TPC Chair and member for various international conferences such as IEEE MASS 2020 and IEEE MSN 2020. He is a senior member of the IEEE. He has more than 12,321 citations to his credit with current h-index of 60 (September 2020). He has won the best papers award from IEEE Systems Journal and ICC 2018, Kansas City in 2018. He has been listed in the highly cited researcher of 2019 list of Web of Science (WoS). In India, he is listed in top 10 position among highly cited researchers list. He is an adjunct professor at Asia University, Taiwan, King Abdul Aziz University, Jeddah, Saudi Arabia, and Charles Darwin University, Australia.

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