Muhamet Zeneli – Faculty of Economics, University of Tirana, Rruga Arben Broci 1, Tirana 1001, Albania
Ezmolda Barolli – Faculty of Economics, University of Tirana, Rruga Arben Broci 1, Tirana 1001, Albania
Keywords:
Blockchain;
Blockchain for business;
Hyperledger Fabric;
Hyperledger Sawtooth;
Corda;
Consensys Quorum;
Benchmarking analysis
Abstract: The adoption of blockchain technology in business applications has seen rapid growth in recent years. As enterprises explore the potential benefits of blockchain, it becomes imperative to evaluate various blockchain technologies to make informed decisions about their implementation. This paper presents an overview of blockchain technologies tailored for business use cases and analyzes prominent platforms such as Hyperledger Fabric, Hyperledger Sawtooth, Corda, and Consensys Quorum. This study provides valuable insights for enterprises seeking to deploy blockchain solutions by evaluating key metrics such as performance, scalability, security, and consensus and conducting a cross-industry benchmarking analysis. The evaluation process will be based on a comparative and in-depth analysis of the current state of research. The findings shed light on the potential benefits of each blockchain technology, facilitating informed decision-making and promoting the responsible adoption of blockchain in the business environment.
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7th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2023 – Selected Papers, Hybrid (Faculty of Organization and Informatics Varaždin, University of Zagreb, Croatia), October 26, 2023
ITEMA Selected Papers published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2023 Selected Papers: ISBN 978-86-80194-76-9, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.S.P.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Zeneli, M., & Barolli, E. (2023). Blockchain for Business: An Overview and Benchmarking Analysis of Key Technologies. In V. Bevanda (Ed.), International Scientific Conference ITEMA 2023: Vol 7. Selected Papers (p. 1-9). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ITEMA.S.P.2023.1
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