Annotated Bibliography (Malka’s Students)

ITC571 - Annotated Bibliography

2000 Words (10-12 pages)

Full Name
Student ID
Subject ITC571 – Emerging Technology and Innovations
Assignment Item 3 Annotated Bibliography – 35%
Due Date 9th-September-2019
Lecturer’s Name Malka N. Halgamuge

I. TASK 1 - ANNOTATED BIBLIOGRAPHY

Article 1
CITATION Dorri, A., Luo, F., Kanhere, S. S., Jurdak, R., & Dong, Z. Y. (2018). Spb: A secure
private blockchain-based solution for energy trading. arXiv preprint
arXiv:1807.10897.

SUMMARY Dorri et al. (2018), has highlighted the blockchain system as the security system and
the backbone of the security system is aiming to make the business process secure.
This fundamental of the networking system is one of the essential systems in the case
of managing the incoming and outgoing data. The author has highlighted the used of
the SPB framework, for an energy-generating organization. This process securitizes
and the data and maintain the privacy for the users and the organization. As per the
business, module the energy distribution is highly dependent on the third parties and
hence the data management is dependent on the destination key. Hence, the data
management is dependet5 on the sensors, the devices used at the destination units, and
the blockchain system helps in collecting the data with higher accuracy.
CRITIQUE Dorri et al. (2018), has analyzed the use of the blockchain system in the biggest
organization where the service and the business are in huge amount and the amount of
data is huge. The efficiency 9n operation lags when the data management system
collects and analyzes data from millions of units. In such a case, the author has
highlighted how the blockchain system collects data from multiple units and maintains
accuracy with the privacy of the data.

Article 2
CITATION Dorri, A., Steger, M., Kanhere, S. S., & Jurdak, R. (2017). Blockchain: A distributed
solution to automotive security and privacy. IEEE Communications Magazine, 55(12),
119-125.
SUMMARY Dorri et al. (2017), has researched the use of blockchain technology in the age of the
big data and the cloud computing system. In modern technology is highly dependent
on the IT system, which relies on the transfer of data and analysis of the received data.
IoT based technology depends on the management of the huge amounts of data in the
automobile industry the traffic control to data of every vehicle is controlled by the IoT
system and the blockchain system is the essential factor in managing the data.
CRITIQUE The author has analyzed the essentiality of the blockchain system in the modern
Automation system. This study is essential for the professional and the people who
keep interested in the latest technology. The author has highlighted the essentiality of
the blockchain system and the way it helps in managing the data in a big data system
with great accuracy.

Article 3
CITATION Brandenburger, M., Cachin, C., Kapitza, R., & Sorniotti, A. (2018). Blockchain and
trusted computing: Problems, pitfalls, and a solution for hyperledger fabric. arXiv
preprint arXiv:1805.08541.
SUMMARY Brandenburger et al. (2018), has highlighted the negative side of the blockchain
system. As mentioned by the author, this technology promotes a better analysis of the
share of data by generating the replica of the data collected from every node. Hence,
the trust issue arises, as there is a huge possibility of the data breach. In that case, the
author has also discussed the solution like the combination of the blockchain
technology with the system named the trust execution environment helps in
maintaining the privacy of the data collected from every node of the system. On the
other hand, it is also seen that the inclusion of the SGX technology on the architecture
of the blockchain system helps in managing the execution of the data and analysis of
the data with greater accessibility system and accuracy.
CRITIQUE The author has highlighted the negative factor in the basic architecture of the
blockchain system, the blockchain system sheds light over the integration of the data
collected from multiple sources and hence it creates a chance of data theft. This study
is highly important for the aspirants who are aware of the technology and studying the
technology as it is essential to understand the drawbacks and ways to recover those.

Article 4
CITATION Beck, R., Avital, M., Rossi, M., & Thatcher, J. B. (2017). Blockchain technology in
business and information systems research.
SUMMARY Beck et al. (2017), has highlighted the use of the complete package of the blockchain
system with different facilities to become one of the most useful systems in the modern
business environment. In the age of IoT the business environments and the system is
highly dependent on the transfer and traction of the data. This working process of the
technology is highly dependent on the cryptography technology and the governing
system in maintaining the accuracy and the security of the data. In the case of the
management of cryptocurrency, the shared management of data helps ion managing
the functionalization of a different organization.
CRITIQUE This study has highlighted the use of technology in financial data management. The
author has highlighted the usefulness of the technology. However, the study lacks in
highlighting the drawbacks of the system and the risk factor in using the technology in
managing the financial data.

Article 5
CITATION Gaetani, E., Aniello, L., Baldoni, R., Lombardi, F., Margheri, A., & Sassone, V.
(2017). Blockchain-based database to ensure data integrity in cloud computing
environments.
 SUMMARY Gaetani et al. (2017), has shown that the computing environment has promoted by
artificial intelligence and the IoT technology along with the cloud-computing system in
the age of big data technology. The working of the systems is dependent on the
integrity of the data sourced from different nodes of the system. However, the author
has highlighted the technology as it possesses low stability and the level of latency is
high.
CRITIQUE The author has highlighted the faults and the drawbacks in the integrity of the system.
Whereas the author has also failed in highlighting the actual use of the technology with
proper architecture which is used in the business environment. This study has not
highlighted the systems or technologies, which are integrated with the system to make
the technology reliable, accurate and stable.

Article 6
CITATION Hyvärinen, H., Risius, M., & Friis, G. (2017). A blockchain-based approach towards
overcoming financial fraud in public sector services. Business & Information Systems
Engineering, 59(6), 441-
SUMMARY Hyvärinen, Risius & Friis, (2017), has made a discussion on the essentiality of the
blockchain technology in managing the financial system or managing the issues in the
financial market. In many cases, it is seen that the financial institutes or the
governments face difficulty in managing the data and properly use the received data to
reduce the stress of the servers and promote transparency in the data management
system. The author has highlighted the international taxation policy where the problem
arises due to the lack in the transparency of the taxation data of the different country.
CRITIQUE The author has shown that the taxation system in a different nation is facing problems
due to the business of a single pardon in different nations and in that problem arises for
different countries to file the tax return. The share of information can eliminate the
problem but in the case of different nations, the privacy issue raises which creates the
problem.

Article 7
CITATION Zhang, Y., & Wen, J. (2017). The IoT electric business model: Using blockchain
technology for the internet of things. Peer-to-Peer Networking and Applications, 10(4),
983-994.
SUMMARY Zhang & Wen (2017) have highlighted the increasing activities of e-business where e-
commerce is highly dependent on the share data and big data technology. The
innovative business environment is highly dependent on evolving technology, which
deals with a large amount of data and data integration. The smart business is denoted
as the business units that used smart technology in managing the data related to the
business process. The author has highlighted the peer-to-peer connection in the data
collection process where every node is sources of data and the data integration process
helps in data management.
CRITIQUE The author has highlighted the essentiality of the blockchain system in the smart
business environment. However, the discussion has not highlighted the segments
where the data management system is dependent on the blockchain technology and
how the business is dependent on the technology. This study has highlighted the use of
the system in financial management. However, the risk factor and the ways to mitigate
the risk are not highlighted which as essential is a shared environment.

Article 8
CITATION García-Bañuelos, L., Ponomarev, A., Dumas, M., & Weber, I. (2017, September).
Optimized execution of business processes on blockchain. In International Conference
on Business Process Management (pp. 130-146). Springer, Cham.
SUMMARY García-Bañuelos et al. (2017), has analyzed the shared model of the technology where
the integration of the data takes place in aiming to manage the system. The multi-
channel business gives importance towards a secured share of data, which helps in
managing the business in a better way, business management is highly dependent on
the data and in case of e-commerce, the worldwide business gives importance towards
chain management system. Hence, blockchain technology helps in integrating every
chain through shearing the data.
CRITIQUE The author has highlighted different architecture such as BPN in aiming to highlight
the functionality of the blockchain system in data sharing and data management. The
integration of the data sets helps in creating different data and manage the system.
However, the author has not highlighted the drawbacks in financial data management
as the sharing of data might allow other nodes to access private data.

Article 9
CITATION Rimba, P., Tran, A. B., Weber, I., Staples, M., Ponomarev, A., & Xu, X. (2017, April).
Comparing blockchain and cloud services for business process execution. In 2017
IEEE International Conference on Software Architecture (ICSA) (pp. 257-260). IEEE.
SUMMARY Rimba et al. (2017), has analyzed the importance of IT technology in the cross-
organizational environment. In this, setting most of the or5ganziatioons are dependent
on the third party organization to maintain the service and the op0eration in different
geographical areas. The author has highlighted the importance of the blockchain
system in the smart business environment over the traditional business management
system. However, the author has also given importance to the cloud system for data
storage and big data system for the data management process.
CRITIQUE The author has only highlighted the essentiality of technology in the modern business
environment. However, the author has not highlighted ways to enhance the business
management system along with the business execution process. This article also lagged
behind in articulating the comparison and probable advantages block chain over the
traditional system of database services. It critically explains the cost model for the
Blockchain system, however, it failed to align it with the process model effectively to
observe the difference between the magnitude orders of difference in this context.

Article 10
CITATION Morabito, V. (2017). Business innovation through blockchain. Cham: Springer
International Publishing.
SUMMARY Morabito (2017) has shed light over different segments of the data management system
where he has defined the different architecture of the public and the private blockchain
system. Besides the fundamental integration of the blockchain system, the author has
analyzed the use of technology in different industries and different business processes.
This study has also analyzed the different architecture that helps in different business
modules such as centralized and decentralized. The blockchain governance has given
importance to the financial management system and the use of cryptocurrency in the
digital business process. Peer to peer economic data transaction is dependent on the
technology.
CRITIQUE The author has presented a compact study and analysis that helps in understanding the
blockchain system. This study has highlighted the basic architecture of a modern
system that is used in the business environment. The author has designed the stays in
such a way that helps in understanding the system properly even in the financial
market. This study has also analyzed the risk factors for the technology to use on the
business environment in different cases.
Article 11
CITATION Mendling, J., Weber, I., Aalst, W. V. D., Brocke, J. V., Cabanillas, C., Daniel, F., ... &
Gal, A. (2018). Blockchains for business process management-challenges and
opportunities. ACM Transactions on Management Information Systems (TMIS), 9(1), 4
SUMMARY Mendling et al. (2018), has given importance in managing the business process, which
requires a better data management system. In the modern environment of business, the
business process is highly dependent on the data management process and in that case,
the big data system manages the data management.
CRITIQUE This study has highlighted the essentiality of the blockchain system but it has not
analyzed the working process and its effect on the data management process. The
major fallacy of this article is that it lagged in developing a framework for the process
implementation of Block chain. It is also found with difficulties in explaining critical
juncture of the market mechanisms on the basis of network capacities beyond the
fundamental advancements of the organizational boundaries as well as artifact-centric
specification.

Article 12
CITATION Stübs, M., Posdorfer, W., & Kalinowski, J. (2019). Business-driven blockchain-
mempool model for cooperative optimization in smart grids. In International
Conference on Smart Trends for Information Technology and Computer
Communications. Springer, Heidelberg.
SUMMARY Stübs, Posdorfer & Kalinowski (2019), has highlighted the block chain technology for
the power grids in managing the working of the devices. The operation of the
organization is highly dependent on the operation of different grids and hence the
coordination among the grids is dependent on the proper share of data. This study has
analyzed different models of data sharing in the blockchain system.
CRITIQUE This study has not analyzed the importance of the system in the financial data
management of the organization. However, the main architecture of the system is not
analysed in the study. With excessive emphasis on the impacts and understanding of
power grid technology management based on Block chain, this article clearly failed in
distinguishing the opportunities, developments and trends in transparent manner. In
some cases, it also missed out the most contemporary understanding aligned with rapid
and dynamic economic as well as technological global environment.

II. SELF-EVALUATION REPORT ON ORIGINALITY

From the study, I have gathered the basic knowledge of the technology and the essentiality of the technology
in the smart business environment. Here I have learned the different architecture of the study that defines the
working process of different architecture in different business module However it is seen that the data
integration is the essential factor in the business environment. I have come close to know about the
technological factors and the working process of the system. The research has also helped in indemnifying
the drawbacks of the systems and ways to mitigate the risk factors

III. TASK 2 : JOURNAL SYNOPSIS PAPER BASED ON YOUR TASK 1 RESULTS

1. AIM: Aim of the project is to identify the ways to use the blockchain system in aiming to strengthen the
security system in the data management process in a smart business environment.
2. METHOD: The research has followed a quantitative approach to collect data and analyze them.
3. RESULTS: It is seen that the use of technology with the integration of the data security process makes the
data management of multiple channels of the smart business reliable.
4. DISCUSSION: This study has analyzed the different possibilities of the technology in enhancing the
security of the data used in the business management.
5. CONCLUSION: Integration of the PCC model and the SGX technology with the block chain system makes
the system more secure and reliable for the business environment.

IV. MATERIALS AND METHODS

Considering the present issues associated with the Block chain implementation in businesses, certain
methods can be proposed that can resolve the obtained understanding regarding the problems. In this regard,
smart contracts are required to be developed followed by needful transformation in supply chain
management with increased transparency. Further, the needful methods to solve block chain issues include
the process of storing data securely for the empowerment network and encrypted feature. In addition to it,
the methodology also includes the integration of advertisement to assure human help in the block chain
network process.

Secure and Advertisement

Transparency in encrypted data for beeter
Smart contracts supply chain storage for understanding
management transparent and user-
network friendly

Figure 1Methodology for resolving Block chain network issues

V. RESULTS
The results obtained from the reading of all the journal articles, this study clearly indicates at the possible
development of block chain networking for business development and expansion goals. With the observation
and obtained knowledge, this study finds the implementation of Block chain to be enabling the reengineering
process followed by the empowerment of rethinking roles of intermediaries. Bundling of all the existing
services are also supposed to be resulted as per the understanding of Block chain through the acknowledged
articles of the previous researchers. It is also liable to empower newer impacts by enabling contemporary
value flows. Decentralized governance resulted from it is also supposed to accelerate the urgency and
deliverables of business assets. Eventually, it impacts on developing frameworks for new legalities and
regulations.
 Rethinking Redesigned
Multiple foundation for
for Process of Updated Decetralisation
reengineering
service of Giovernance
legalities and
intermediary value flows regulation
bundling
roles framework

Figure 2Results of understanding