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1

YAKOVCHUK, MYKOLA, VITALY MIKHALEVSKY, and TETYANA SKRYPNYK. "COMPARISON OF MANAGEMENT EFFICIENCY IN DECENTRALIZED AND CENTRALIZED SYSTEMS." Herald of Khmelnytskyi National University 301, no. 5 (2021): 41–44. http://dx.doi.org/10.31891/2307-5732-2021-301-5-41-44.

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This article describes and investigates the difference between a decentralized and a centralized information system. The efficiency of use and introduction of new technologies in production is studied. The construction of blockchain-based systems and their efficiency in solving the tasks are analyzed. Conclusions are formed about the tendency that the introduction of decentralization proves the need for digital management systems. At a time when the implementation of blockchain technology has greatly simplified the construction of new decentralized systems, which is a current trend in the worl
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Milev, Aleksandar, and Svetlana Vasileva. "MODELLING OF CENTRALIZED TWO-PHASE LOCKING WITH INTEGRATED MECHANISM OF TIMESTAMPS BY THE “WAIT – DIE” METHOD." Journal scientific and applied research 4, no. 1 (2013): 66–73. http://dx.doi.org/10.46687/jsar.v4i1.82.

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This paper presents an algorithm for two-phase locking (2PL) in which deadlocks of distributed transactions for distributed database management systems (DDBMS) are avoided. The method of timestamps is chosen for solving deadlocks and the centralized 2PL algorithm is implemented in DDBMS. The „wait - die” strategy of timestamps mechanism for deadlocks avoiding is presented in this paper. The simulation results of modeling “wait-die” algorithm are given by using GPSS World Personal Version for two and three elements length of distributed transaction.
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Lee, Jinyeong, Kyungcheol Shin, and Young-Min Wi. "Decentralized Operations of Industrial Complex Microgrids Considering Corporate Power Purchase Agreements for Renewable Energy 100% Initiatives in South Korea." Sustainability 16, no. 13 (2024): 5440. http://dx.doi.org/10.3390/su16135440.

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With the rise of environmental policies and advanced technologies, power systems are transitioning from centralized to decentralized systems, incorporating more distributed energy resources (DERs). This shift has increased interest in the operational functions of microgrids (MGs). The “Renewable Energy 100%” (RE100) campaign is pushing companies to adopt renewable energy. In South Korea, industrial complex microgrids (ICMGs) aim to achieve RE100 through corporate power purchase agreements (PPAs) with renewable energy providers. ICMGs need to operate in both grid-connected and islanded modes, f
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Olajide Soji Osundare, Chidiebere Somadina Ike, Ololade Gilbert Fakeyede, and Adebimpe Bolatito Ige. "Centralized network systems in Fintech: A comparative global review." Engineering Science & Technology Journal 3, no. 2 (2022): 113–35. http://dx.doi.org/10.51594/estj.v3i2.1521.

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Centralized network systems have emerged as a cornerstone of fintech, revolutionizing the way financial services are delivered globally. This comparative review examines the adoption, advantages, and challenges of centralized network systems across different regions, focusing on their impact on efficiency, security, and financial inclusion. Centralized networks offer significant benefits, including streamlined operations, reduced transaction costs, and enhanced data security through robust, centralized control mechanisms. These systems have facilitated the rapid expansion of digital financial
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Ramanakar Reddy Danda. "Securing Transaction Records over the IoT Network Using Decentralized Distributed Ledger Technology." Journal of Information Systems Engineering and Management 10, no. 43s (2025): 421–38. https://doi.org/10.52783/jisem.v10i43s.8389.

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The rapid proliferation of Internet of Things (IoT) devices has ushered in a new era of connectivity and data exchange, revolutionizing various industries. However, the inherent vulnerabilities in traditional centralized transaction systems pose significant security challenges, particularly when dealing with sensitive data generated by IoT devices. This paper introduces an ICAA (Integrity Consensus Authorization Algorithm) for securing transaction records over the IoT network by leveraging Decentralized Distributed Ledger Technology (DDL), integrating the PICA (Proof-of-Integrity Consensus Alg
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Aarya Gharge, Sharvari Duduskar, AdityaKatekar, and Yash Bhosale. "Secure Ledger Your Ultimate Shield Against Land Transaction Fraud." International Research Journal on Advanced Engineering Hub (IRJAEH) 2, no. 12 (2024): 2747–53. https://doi.org/10.47392/irjaeh.2024.0380.

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The Secure Ledger project aims to transform land ownership transfers by utilizing blockchain technology to enhance security, transparency, and efficiency. Traditional land registration systems are vulnerable to fraud, forgery, and inefficiencies due to reliance on centralized databases and paper records. By using a decentralized, immutable blockchain ledger, Secure Ledger ensures tamper-proof transaction records, reducing fraud risk. The integration of smart contracts automates property transfers, increasing transparency and eliminating the need for intermediaries. This leads to faster, more c
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Joglekar, Prof Dr Pushkar, Vedant Parvekar, Aditya Sabde, Omkar Rasal, and Yogesh Rasal. "Blockchain Based Transaction Management System." International Journal for Research in Applied Science and Engineering Technology 11, no. 4 (2023): 1514–18. http://dx.doi.org/10.22214/ijraset.2023.50029.

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Abstract: The technology that supports bitcoin, known as blockchain, is still in its development. Blockchain technology has the potential to improve existing corporate procedures to make them more collaborative, transparent, secure, and effective.. The banking sector is among the first to take advantage of this technology's disruptive potential. One of the most intricate bank payment systems in the entire globe is the Indian banking system. The current infrastructure that the Indian banking system uses is centralized and based on the real-time gross settlement system. This centralized architec
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Islam, Siful, and Kutub Uddin Apu. "DECENTRALIZED VS. CENTRALIZED DATABASE SOLUTIONS IN BLOCKCHAIN: ADVANTAGES, CHALLENGES, AND USE CASES." Global mainstream journal of innovation, engineering & emerging technology 3, no. 4 (2024): 58–68. http://dx.doi.org/10.62304/jieet.v3i04.195.

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his study provides a comprehensive examination of decentralized and centralized database solutions within the realm of blockchain technology, exploring the inherent strengths and weaknesses of each approach and their implications for various industries. Decentralized databases, characterized by distributed ledger technology, offer robust security and transparency by eliminating the need for a central authority, thereby reducing the risk of data tampering and fostering trust among participants. However, these benefits come with significant trade-offs, particularly in terms of scalability and pe
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Dodmane, Radhakrishna, Raghunandan K. R., Krishnaraj Rao N. S., et al. "Blockchain-Based Automated Market Makers for a Decentralized Stock Exchange." Information 14, no. 5 (2023): 280. http://dx.doi.org/10.3390/info14050280.

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The advancements in communication speeds have enabled the centralized financial market to be faster and more complex than ever. The speed of the order execution has become exponentially faster when compared to the early days of electronic markets. Though the transaction speed has increased, the underlying architecture or models behind the markets have remained the same. These models come with their own disadvantages. The disadvantages are usually faced by non-institutional or small traders. The bigger players, such as financial institutions, have an advantage over smaller players because of fa
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Opeyemi Abayomi Odejide. "Blockchain technology as a paradigm shift in banking security: Theoretical and practical insights." Open Access Research Journal of Engineering and Technology 6, no. 1 (2024): 052–62. http://dx.doi.org/10.53022/oarjet.2024.6.1.0013.

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This paper explores the theoretical underpinnings of blockchain technology and its practical applications in enhancing banking security. The financial landscape is experiencing a seismic shift as disruptive technologies like blockchain emerge. Blockchain, with its core tenets of decentralization, immutability, and transparency, offers a transformative approach to banking security. This paper delves into the theoretical foundations of blockchain and explores its practical applications in bolstering bank security. Theoretical Underpinnings at its core, blockchain is a Distributed Ledger Technolo
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Xiao, Yuanyuan, Chuangming Zhou, Xinpeng Guo, Yafei Song, and Chen Chen. "A Novel Decentralized E-Commerce Transaction System Based on Blockchain." Applied Sciences 12, no. 12 (2022): 5770. http://dx.doi.org/10.3390/app12125770.

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With the rapid development of e-commerce systems, the centralized service model gradually fails to meet the needs of SMEs. In the existing centralized e-commerce system, users’ transaction data and reputation scores are stored in a centralized cloud server, which has high storage cost, low processing efficiency, and the data is vulnerable to attacks and leaks. However, the existing decentralized e-commerce systems more than its reputation system to store the average credit score evaluation are receiving unfair evaluations against risk. The system of malicious nodes and no disciplinary measures
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Sriramulu, Mahanti, and Devarapalli Durga Prasad. "BLOCK CHAIN FOR SECURE BANK TRANSACTIONS (ETHEREUM)." International Scientific Journal of Engineering and Management 04, no. 04 (2025): 1–9. https://doi.org/10.55041/isjem02761.

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This project presents a blockchain-powered banking application that enables users to create and manage decentralized accounts (DApp accounts) using Ethereum smart contracts. The application facilitates secure user registration, fund deposits, and peer-to-peer transfers through Solidity-based contracts deployed on the Ethereum network. The addUsers function stores user details, while bankAccount manages transactions securely on the blockchain. Python’s Web3 API is used to interact with these smart contracts, enabling seamless operations such as account creation, deposits, and fund transfers. A
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Xu, Cheng, Ce Zhang, Jianliang Xu, and Jian Pei. "SlimChain." Proceedings of the VLDB Endowment 14, no. 11 (2021): 2314–26. http://dx.doi.org/10.14778/3476249.3476283.

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Blockchain technology has emerged as the cornerstone of many decentralized applications operating among otherwise untrusted peers. However, it is well known that existing blockchain systems do not scale well. Transactions are often executed and committed sequentially in order to maintain the same view of the total order. Furthermore, it is necessary to duplicate both transaction data and their executions in every node in the blockchain network for integrity assurance. Such storage and computation requirements put significant burdens on the blockchain system, not only limiting system scalabilit
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Liu, Jianhua, Shengbo Sun, Zheng Chang, et al. "Application of blockchain in integrated energy system transactions." E3S Web of Conferences 165 (2020): 01014. http://dx.doi.org/10.1051/e3sconf/202016501014.

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Blockchain technology is the underlying technology of Bitcoin, which is fair, transparent and decentralized. The integrated energy system has the characteristics of open interconnection, user-centered and distributed peer-to-peer sharing, and its energy trading model will also be developed centrally to distributed. The characteristics of blockchain technology make it naturally applicable to energy transactions in integrated energy systems. This article first analyzes the characteristics of the integrated energy system market and summarizes the participants in the market. Then, based on the exi
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Nagendra Harish Jamithireddy. "Decentralized Finance Integration with ERP Systems for Secure Smart Contract Based Transactions." Research Briefs on Information and Communication Technology Evolution 11 (March 11, 2025): 1–21. https://doi.org/10.69978/rebicte.v11i.209.

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This study proposes a decentralized framework that merges smart contract based Decentralized Finance (DeFi) protocols and traditional Enterprise Resource Planning (ERP) systems to provide secure, automatic, and verifiable transaction execution. It constructs an additional middleware interface to guarantee interoperability between ERP modules and blockchain networks that utilize smart contracts for procurement, finance, and asset management modules. The system was tested empirically within a hybrid testbed of chains with Ethereum Virtual Machine (EVM) compatibility simulation executing ERP tran
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Varshney, Neeraj, V. Sreetharan, C. Vennila, et al. "Blockchain Technology in Energy Management Systems: Enhancing Security and Transparency." E3S Web of Conferences 591 (2024): 01007. http://dx.doi.org/10.1051/e3sconf/202459101007.

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Blockchain technology provides considerable promise to enhance security and transparency in energy management systems. As energy systems grow decentralized and involve various stakeholders, challenges including data integrity, transaction security, and transparency are becoming crucial. Traditional energy systems have risks such as cyberattacks, data manipulation, and inefficiencies owing to centralized control. Blockchain’s decentralized, immutable, and transparent ledger system can overcome these difficulties by enabling safe, verifiable, and tamper-proof energy transactions. Smart contracts
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Vishwakarma, Jaychand. "Transaction Processing Environment Kernelized Architecture in Multilevel Secure Application Policies." International Journal of Advanced Research in Computer Science and Software Engineering 8, no. 2 (2018): 87. http://dx.doi.org/10.23956/ijarcsse.v8i2.577.

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Multilevel security poses many challenging problems for transaction processing. The challenges are due to the conflicting requirements imposed by confidentiality, integrity, and availability} the three components of security. We identify these requirements on transaction processing in Multilevel Secure (MLS) database management systems (DBMSs) and survey the efforts of a number of researchers to meet these requirements .While our emphasis on centralized system based on kernelized Architecture, we briefly overview the research in the distributed MLS DBMSs as well.
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18

Gu, Yonggen, Dingding Hou, Xiaohong Wu, Jie Tao, and Yanqiong Zhang. "Decentralized Transaction Mechanism Based on Smart Contract in Distributed Data Storage." Information 9, no. 11 (2018): 286. http://dx.doi.org/10.3390/info9110286.

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Distributed data storage has received more attention due to its advantages in reliability, availability and scalability, and it brings both opportunities and challenges for distributed data storage transaction. The traditional transaction system of storage resources, which generally runs in a centralized mode, results in high cost, vendor lock-in and single point failure risk. To overcome the above shortcomings, considering the storage policy with erasure coding, in this paper we propose a decentralized transaction method for cloud storage based on a smart contract, which takes into account th
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Farooq, Muhammad Shoaib, Zain Khalid Ansari, Atif Alvi, et al. "Blockchain based transparent and reliable framework for wheat crop supply chain." PLOS ONE 19, no. 1 (2024): e0295036. http://dx.doi.org/10.1371/journal.pone.0295036.

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The wheat crop that fulfills 35% of human food demand is facing several problems due to a lack of transparency, security, reliability, and traceability in the existing agriculture supply chain. Many systems have been developed for the agriculture supply chain to overcome such issues, however, monopolistic centralized control is the biggest hurdle to realizing the use of such systems. It has eventually gained consumers’ trust in branded products and rejected other products due to the lack of traceable supply chain information. This study proposes a blockchain-based framework for supply chain tr
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Gu, Aiqun, Peng Zhao, and Shiren Ye. "A Fast Distributed Supply Chain Infrastructure based on Blockchain." Frontiers in Computing and Intelligent Systems 5, no. 1 (2023): 33–38. http://dx.doi.org/10.54097/fcis.v5i1.11656.

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Traditional supply chain systems often employ centralized servers, leading to transparency issues, high maintenance costs, security vulnerabilities, and poor risk resistance. We introduce a blockchain-based supply chain transaction infrastructure that emphasizes decentralization, distributed storage, tamper-resistance, traceability, and cost-effectiveness. Built on a consortium blockchain, our architecture uses a dual-layer storage structure combining blockchain and a business database, optimizing transaction data security and accessibility. Simulated tests confirm its efficiency, transparency
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Jha, Sudan, Nishant Jha, Deepak Prashar, Sultan Ahmad, Bader Alouffi, and Abdullah Alharbi. "Integrated IoT-Based Secure and Efficient Key Management Framework Using Hashgraphs for Autonomous Vehicles to Ensure Road Safety." Sensors 22, no. 7 (2022): 2529. http://dx.doi.org/10.3390/s22072529.

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Autonomous vehicles offer various advantages to both vehicle owners and automobile companies. However, despite the advantages, there are various risks associated with these vehicles. These vehicles interact with each other by forming a vehicular network, also known as VANET, in a centralized manner. This centralized network is vulnerable to cyber-attacks which can cause data loss, resulting in road accidents. Thus, to prevent the vehicular network from being attacked and to prevent the privacy of the data, key management is used. However, key management alone over a centralized network is not
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Vipul, Kumar Bondugula. "MANAGING CONFLICT RATE REDUCTION IN SCALABLE DISTRIBUTED DATABASE SYSTEMS." INTERNATIONAL JOURNAL OF INNOVATIVE RESEARCH AND CREATIVE TECHNOLOGY 9, no. 1 (2023): 1–23. https://doi.org/10.5281/zenodo.15356925.

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Databases are foundational components in modern computing systems, used to store, manage, and retrieve structured data efficiently. As data volumes and access requirements grow, traditional centralized databases often struggle to meet performance, availability, and fault tolerance demands. To address these limitations, distributed databases have emerged as a scalable solution, spreading data across multiple nodes or geographic locations. This architecture improves system resilience and enables faster access to data by colocating it closer to users. However, distributed databases also introduce
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23

Harish Gurram. "Blockchain Integration in Information Systems: Transforming Data Security and Transaction Transparency." Journal of Information Systems Engineering and Management 10, no. 11s (2025): 272–80. https://doi.org/10.52783/jisem.v10i11s.1585.

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Blockchain technology has emerged as a robust, decentralized framework that offers enhanced data security, transparency, and immutability. Its integration within information systems addresses longstanding challenges in traditional centralized architectures, including data vulnerabilities, transaction inefficiencies, and the risk of single points of failure. This research paper explores the fundamental principles of blockchain, its core components, and the methodologies for integrating it into modern information systems. We present real-world use cases, demonstrate empirical data on adoption ra
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Isnaeni, Tera Masitoh, and Yunanto. "Analysis of Implementation of Anti-Money Laundering Mechanisms in Blockchain-Based Smart Contracts under Indonesian Regulation." International Journal of Social Science and Human Research 07, no. 09 (2024): 7027–32. https://doi.org/10.5281/zenodo.13777385.

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One of the most widely adopted forms of information technology application today is electronic trade through the internet network to make transactions. This transaction system was initially centralized, but with the risk of system failure and hacking, distributed systems such as blockchain were developed to improve security and efficiency. Blockchain also gave birth to derivative technologies such as smart contracts, automated blockchain-based digital agreements. Despite offering many advantages, the anonymity and decentralization of smart contracts raise concerns of misuse for illicit activit
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Kim, Seong-Cheol, and Surender Reddy Salkuti. "Optimal power flow based congestion management using enhanced genetic algorithms." International Journal of Electrical and Computer Engineering (IJECE) 9, no. 2 (2019): 875–83. https://doi.org/10.11591/ijece.v9i2.pp875-883.

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Congestion management (CM) in the deregulated power systems is germane and of central importance to the power industry. In this paper, an optimal power flow (OPF) based CM approach is proposed whose objective is to minimize the absolute MW of rescheduling. The proposed optimization problem is solved with the objectives of total generation cost minimization and the total congestion cost minimization. In the centralized market clearing model, the sellers (i.e., the competitive generators) submit their incremental and decremental bid prices in a real-time balancing market. These can then be incor
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Patil, Suvarna, Abhijeet Chavan, Anushka Kele, Mayur Mohite, and Harshal Gharat. "A Blockchain based Accounting System." International Research Journal of Scientific Studies 2, no. 2 (2025): 31–42. https://doi.org/10.5281/zenodo.14928083.

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Blockchain technology, characterized by its decentralized, immutable, and transparent nature, opens up transformative opportunities for enhancing accounting systems. Traditional accounting practices typically depend on centralized databases, which can be vulnerable to data manipulation, fraud, and security breaches. This paper proposes an innovative accounting system built on the Ethereum public blockchain, designed to effectively manage critical functions such as inventory management, customer interactions, sales transactions, and invoicing. By leveraging smart contracts, this system automate
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Patil, Suvarna. "Decentralized Accounting System Using Blockchain Technology." INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT 09, no. 05 (2025): 1–9. https://doi.org/10.55041/ijsrem47768.

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As digital transformation continues to reshape the accounting landscape, the limitations of traditional centralized systems such as vulnerability to fraud, lack of transparency, and inefficiencies in manual processes have become increasingly apparent. This research presents the real-world deployment of a blockchain-based accounting system on the Ethereum Sepolia testnet, emphasizing transparency, automation, and security in financial transactions. The system integrates essential accounting operations including inventory management, customer handling, sales processing, invoice generation, and p
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Sungatullin, Rais G. "AUTOMATED ENTERPRISE MANAGEMENT SYSTEMS (ERP): ECONOMIC EFFICIENCY ANALYSIS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 3/2, no. 156 (2025): 40–49. https://doi.org/10.36871/ek.up.p.r.2025.03.02.005.

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The development of digital technologies increases the need for enterprises to integrate automated management systems (ERP) aimed at optimizing business processes and reducing operating costs. The implementation of ERP systems provides centralized control of resources, automation of accounting, management of financial flows and demand forecasting. The economic efficiency of these solutions is expressed in increased productivity, reduced transaction costs and improved supply chain management. The article analyzes investment costs for ERP implementation, sources of financing, key business benefit
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Böhme, Rainer, Nicolas Christin, Benjamin Edelman, and Tyler Moore. "Bitcoin: Economics, Technology, and Governance." Journal of Economic Perspectives 29, no. 2 (2015): 213–38. http://dx.doi.org/10.1257/jep.29.2.213.

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Bitcoin is an online communication protocol that facilitates the use of a virtual currency, including electronic payments. Bitcoin's rules were designed by engineers with no apparent influence from lawyers or regulators. Bitcoin is built on a transaction log that is distributed across a network of participating computers. It includes mechanisms to reward honest participation, to bootstrap acceptance by early adopters, and to guard against concentrations of power. Bitcoin's design allows for irreversible transactions, a prescribed path of money creation over time, and a public transaction histo
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Kumar, Randhir, and Rakesh Tripathi. "Data Provenance and Access Control Rules for Ownership Transfer Using Blockchain." International Journal of Information Security and Privacy 15, no. 2 (2021): 87–112. http://dx.doi.org/10.4018/ijisp.2021040105.

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Provenance provides information about how data came to be in its present state. Recently, many critical applications are working with data provenance and provenance security. However, the main challenges in provenance-based applications are storage representation, provenance security, and centralized approach. In this paper, the authors propose a secure trading framework which is based on the techniques of blockchain that includes various features like decentralization, immutability, and integrity in order to solve the trust crisis in centralized provenance-based system. To overcome the storag
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Jinadu, O. T., O. V. Johnson, and M. Ganiyu. "Distributed Database System Optimization for Improved Service Delivery in Mobile and Cloud BigData Applications." International Journal of Computer Science and Mobile Computing 10, no. 9 (2021): 38–45. http://dx.doi.org/10.47760/ijcsmc.2021.v10i09.004.

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Many issues associated with managing centralized database include data isolation, redundancy, inconsistency, and atomicity of updates, among others; however, distributed database implementation over high-performance compute nodes maximizes information value across the networks. Also, analysis of bigdata generated/consumed over the mobile Internet, Internet of Things (IoT) and cloud computations necessitates low-latency reads and updates over cloud clusters. Conventionally, services in distributed systems demand optimized transactions. This paper examines transaction generation over distributed
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Niyitunga, Eric Blanco. "Economic Insecurity Threatens Public Safety and Social Order in South Africa." International Journal of Blockchain Applications and Secure Computing 2, no. 1 (2024): 1–21. http://dx.doi.org/10.4018/ijbasc.348060.

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This paper analyses how economic insecurity poses immense threats to public safety and social order in South Africa. It was found that economic insecurity threatens public safety and social order because it disrupts the delivery of essential services such as healthcare, education, political leadership, and governance, making it impossible for people to access sustainable services that meet their expectations. Blockchain creates an automated, autonomous, and self-governing infrastructure that eliminates the need for traditional structures like managers, policies, offices, contracts, and central
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Banumathi KL, Shreyas P, S Suhas, Vyshnavi HK, and Chitra A. "Biometric based payment system." World Journal of Advanced Research and Reviews 23, no. 1 (2024): 1880–92. http://dx.doi.org/10.30574/wjarr.2024.23.1.2120.

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The increasing need for secure and convenient payment methods has fueled the exploration of biometric authentication systems. This paper presents a Biometric Based Payment System designed to streamline transactions while prioritizing security. The system employs a fingerprint sensor (R307) to ensure robust user identification, complemented by a 4x4 keypad for versatile input and an I2C OLED display for clear feedback. At its core, the system leverages an ESP32 microcontroller and robust SHA-256 encryption to protect sensitive information during storage and transmission. Transaction data reside
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Banumathi, KL, P. Shreyas, Suhas S, HK Vyshnavi, and A. Chitra. "Biometric based payment system." World Journal of Advanced Research and Reviews 23, no. 1 (2024): 1880–92. https://doi.org/10.5281/zenodo.14801769.

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The increasing need for secure and convenient payment methods has fueled the exploration of biometric authentication systems. This paper presents a Biometric Based Payment System designed to streamline transactions while prioritizing security. The system employs a fingerprint sensor (R307) to ensure robust user identification, complemented by a 4x4 keypad for versatile input and an I2C OLED display for clear feedback. At its core, the system leverages an ESP32 microcontroller and robust SHA-256 encryption to protect sensitive information during storage and transmission. Transaction data reside
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Dai, Yi, Gehao Lu, and Yijun Huang. "A Blockchain-Based Access Control System for Secure and Efficient Hazardous Material Supply Chains." Mathematics 12, no. 17 (2024): 2702. http://dx.doi.org/10.3390/math12172702.

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With the rapid expansion of global trade, the complexity and diversification of supply chains have become increasingly significant. In particular, the supply chain for hazardous materials, involving chemicals and explosives, requires stringent regulation. Managing the flow of these high-risk goods necessitates a reliable access control system to ensure safety and compliance. Traditional supply chain management systems often rely on centralized databases and record-keeping systems, which are prone to tampering and single points of failure, making them inadequate for current high-security demand
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Vovchak, Orest, and Zenoviy Veres. "Enhancing IOT-driven logistics solutions using blockchain-based smart contracts." Vìsnik Nacìonalʹnogo unìversitetu "Lʹvìvsʹka polìtehnìka". Serìâ Ìnformacìjnì sistemi ta merežì 17 (June 2025): 319–29. https://doi.org/10.23939/sisn2025.17.319.

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Modern logistics monitoring solutions increasingly depend on the integration of IoT devices for real-time data collection, shipment tracking, goods and vehicle monitoring, and informed decision- making. However, current IoT-based logistics systems face significant challenges, including complex data management, limited interoperability among stakeholders, and inefficiencies resulting from centralized control mechanisms. Blockchain technology has emerged as a promising solution to address these critical issues within logistics and supply chain management. This paper presents a comparative analys
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37

Kim, Seong-Cheol, and Surender Reddy Salkuti. "Optimal power flow based congestion management using enhanced genetic algorithms." International Journal of Electrical and Computer Engineering (IJECE) 9, no. 2 (2019): 875. http://dx.doi.org/10.11591/ijece.v9i2.pp875-883.

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<p>Congestion management (CM) in the deregulated power systems is germane and of central importance to the power industry. In this paper, an optimal power flow (OPF) based CM approach is proposed whose objective is to minimize the absolute MW of rescheduling. The proposed optimization problem is solved with the objectives of total generation cost minimization and the total congestion cost minimization. In the centralized market clearing model, the sellers (i.e., the competitive generators) submit their incremental and decremental bid prices in a real-time balancing market. These can then
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Felix Adebayo Bakare, Jide Omojola, and Augustine Chibuzor Iwuh. "Blockchain and decentralized finance (DEFI): Disrupting traditional banking and financial systems." World Journal of Advanced Research and Reviews 23, no. 3 (2024): 3075–89. http://dx.doi.org/10.30574/wjarr.2024.23.3.2968.

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Blockchain technology and Decentralized Finance (DeFi) are revolutionizing traditional banking and financial systems by eliminating the need for intermediaries, reducing transaction costs, and fostering more inclusive financial services. Unlike centralized systems that rely on trusted third parties such as banks and payment processors, DeFi operates on decentralized networks powered by blockchain technology. This innovation enables peer-to-peer financial transactions, smart contracts, and automated protocols, allowing for secure and transparent exchanges without the need for intermediaries. Th
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Felix, Adebayo Bakare, Omojola Jide, and Chibuzor Iwuh Augustine. "Blockchain and decentralized finance (DEFI): Disrupting traditional banking and financial systems." World Journal of Advanced Research and Reviews 23, no. 3 (2024): 3075–89. https://doi.org/10.5281/zenodo.14993253.

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Blockchain technology and Decentralized Finance (DeFi) are revolutionizing traditional banking and financial systems by eliminating the need for intermediaries, reducing transaction costs, and fostering more inclusive financial services. Unlike centralized systems that rely on trusted third parties such as banks and payment processors, DeFi operates on decentralized networks powered by blockchain technology. This innovation enables peer-to-peer financial transactions, smart contracts, and automated protocols, allowing for secure and transparent exchanges without the need for intermediaries. Th
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Isong, Bassey, Tshipuke Vhahangwele, and Adnan M. Abu-Mahfouz. "Blockchain-Enabled Vaccination Registration and Verification System in Healthcare Management." Journal of Information Systems and Informatics 5, no. 2 (2023): 719–41. http://dx.doi.org/10.51519/journalisi.v5i2.497.

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Client-server-based healthcare systems are unable to manipulate a high data volume, prone to a single failure point, limited scalability, and data integrity. Particularly, several measures introduced to help curb the spread of Covid-19 were not effective and patient records were not adequately managed and maintained. Most vaccination-proof certificates were forged by unauthorized parties and no standard verification medium exists. Therefore, this paper proposes a blockchain-enabled vaccination management system (VMS). VMS utilizes smart contracts to store encrypted patients record, generate va
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Romano, P., F. Quaglia, and B. Ciciani. "A lightweight and scalable e-transaction protocol for three-tier systems with centralized back-end database." IEEE Transactions on Knowledge and Data Engineering 17, no. 11 (2005): 1578–83. http://dx.doi.org/10.1109/tkde.2005.171.

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Khoa, Bui Thanh, and Tran Trong Huynh. "How Does Anxiety Affect the Relationship between the Customer and the Omnichannel Systems?" Journal of Theoretical and Applied Electronic Commerce Research 18, no. 1 (2023): 130–49. http://dx.doi.org/10.3390/jtaer18010007.

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Omnichannel is not just a marketing, e-commerce, or customer support buzzword. This future customer engagement platform helps businesses communicate with customers through centralized channels on a smart interface. It is difficult to achieve customer loyalty when the risk in online transactions, which creates anxiety, exists in all transaction processes in an omnichannel system. Hence, the purpose of this research was to analyze the influence of anxiety on relationships when clients purchase from an omnichannel platform using the stimulus–organism–response (SOR) paradigm. To fulfill study aims
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FIRMANSYAH, MUHAMMAD HAFIDH, Wahyu Kurnia Dewanto, and Hariyono Rakhmad. "Implementasi Dompet Digital Polije Berbasis IoT dan Blockchain." JURNAL PENGABDIAN MASYARAKAT AKADEMISI 2, no. 1 (2023): 18–22. http://dx.doi.org/10.59024/jpma.v2i1.504.

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urrently, the implementation of IoT devices has been widely utilized by various parties in supporting the increasingly complex aspects of human life. IoT devices have become a favorite among hardware and software developers due to their ease of use and flexibility in adapting to the evolving systems of today. One of the uses of IoT is in the realm of digital economics, where digital economy represents a new way of prioritizing technology and ease in the buying and selling transaction process between sellers and buyers. In the past, payment processes for goods or services used to involve paper
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Mahaboobsubani, Shaik. "Edge Computing for Financial Data Processing." INTERNATIONAL JOURNAL OF INNOVATIVE RESEARCH AND CREATIVE TECHNOLOGY 3, no. 3 (2017): 1–9. https://doi.org/10.5281/zenodo.14352602.

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The Edge computing is staking its claim in financial data processing by mitigating the inherent latency, bandwidth, and security issues of centralized computing systems. The article presents a comprehensive analysis of different edge computing frameworks applied in real-time analytics over financial data. This article discusses a state-of-the-art architecture for decentralizing data processing, wherein computations would be closer to sources like stock exchanges, banking systems, and payment networks. By reducing data over-distance travel, edge solutions significantly reduce latency and improv
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Hebbar, Kishore Subramanya. "Optimizing Distributed Transactions in Banking APIs: Saga Pattern vs. Two -Phase commit (2PC)." American Journal of Engineering and Technology 07, no. 06 (2025): 157–69. https://doi.org/10.37547/tajet/volume07issue06-18.

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As financial institutions increasingly migrate their core platforms to microservices-based architectures, the challenge of managing distributed transactions has gained critical importance. Banking APIs typically require atomicity and consistency across multiple services—such as account management, fraud detection, notifications, and audit trails all of which operate independently with isolated data stores. In such an ecosystem, ensuring consistency, performance, and fault tolerance becomes a balancing act that traditional and modern transaction patterns attempt to resolve differently. This pap
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Poojitha Ruthala. "A Novel Approach to Secure Organ Donation and Transplantation using CORDA Platform." Journal of Information Systems Engineering and Management 10, no. 22s (2025): 373–81. https://doi.org/10.52783/jisem.v10i22s.3530.

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Organ donation and transplantation (ODaT) are essential elements of modern healthcare. However, the systems that oversee these processes often face significant challenges, such as inefficiency, security vulnerabilities and the prospect of unethical practices like organ trafficking. The traditional centralized systems often break down while maintaining data integrity, transparency, and equitable distribution of organs. In this paper, we propose an approach that integrates the AES encryption with a blockchain platform known as Corda in order to preserve privacy for a robust and secure transactio
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Ayed, Rihab, Mohand-Saïd Hacid, Rafiqul Haque, and Abderrazak Jemai. "An updated dashboard of complete search FSM implementations in centralized graph transaction databases." Journal of Intelligent Information Systems 55, no. 1 (2019): 149–82. http://dx.doi.org/10.1007/s10844-019-00579-4.

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Sood, Sumesh. "Catalysing Democracy: Exploring Security and Performance in Blockchain-Based Electronic Voting Systems and Centralized Solutions." International Journal for Research in Applied Science and Engineering Technology 11, no. 12 (2023): 953–58. http://dx.doi.org/10.22214/ijraset.2023.57487.

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Abstract: This research paper conducts a comprehensive comparative study between blockchain-based electronic voting systems and centralized solutions, focusing on their security and performance attributes. Acknowledging the significance of electronic voting in modern democracies, the study delves into blockchain's role in enhancing security and transparency while addressing potential challenges. Through an in-depth literature review, the paper examines the existing research landscape, highlighting security aspects, performance evaluations, and the impact of decentralization. The subsequent ana
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Galić, Zdravko, and Mario Vuzem. "A Generic and Extensible Core and Prototype of Consistent, Distributed, and Resilient LIS." ISPRS International Journal of Geo-Information 9, no. 7 (2020): 437. http://dx.doi.org/10.3390/ijgi9070437.

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The majority of the existing land information systems (LIS) are centralized, transaction processing systems based on object-relational database management systems for data storage, management, and retrieval. These traditional database management systems are dominantly based on a share-everything or share disk architecture and face challenges in meeting the performance and scalability requirements of distributed, data-intensive systems, including LIS. They support vertical, rather than horizontal scalability, which is of particular importance in distributed systems. In some cases, due to legal,
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Fan, Caixiang, Sara Ghaemi, Hamzeh Khazaei, Yuxiang Chen, and Petr Musilek. "Performance Analysis of the IOTA DAG-Based Distributed Ledger." ACM Transactions on Modeling and Performance Evaluation of Computing Systems 6, no. 3 (2021): 1–20. http://dx.doi.org/10.1145/3485188.

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Distributed ledgers (DLs) provide many advantages over centralized solutions in Internet of Things projects, including but not limited to improved security, transparency, and fault tolerance. To leverage DLs at scale, their well-known limitation (i.e., performance) should be adequately analyzed and addressed. Directed acyclic graph-based DLs have been proposed to tackle the performance and scalability issues by design. The first among them, IOTA, has shown promising signs in addressing the preceding issues. IOTA is an open source DL designed for the Internet of Things. It uses a directed acycl
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