Forthcoming and Online First Articles

International Journal of Blockchains and Cryptocurrencies

International Journal of Blockchains and Cryptocurrencies (IJBC)

Forthcoming articles have been peer-reviewed and accepted for publication but are pending final changes, are not yet published and may not appear here in their final order of publication until they are assigned to issues. Therefore, the content conforms to our standards but the presentation (e.g. typesetting and proof-reading) is not necessarily up to the Inderscience standard. Additionally, titles, authors, abstracts and keywords may change before publication. Articles will not be published until the final proofs are validated by their authors.

Forthcoming articles must be purchased for the purposes of research, teaching and private study only. These articles can be cited using the expression "in press". For example: Smith, J. (in press). Article Title. Journal Title.

Articles marked with this shopping trolley icon are available for purchase - click on the icon to send an email request to purchase.

Online First articles are published online here, before they appear in a journal issue. Online First articles are fully citeable, complete with a DOI. They can be cited, read, and downloaded. Online First articles are published as Open Access (OA) articles to make the latest research available as early as possible.

Open AccessArticles marked with this Open Access icon are Online First articles. They are freely available and openly accessible to all without any restriction except the ones stated in their respective CC licenses.

Register for our alerting service, which notifies you by email when new issues are published online.

We also offer which provide timely updates of tables of contents, newly published articles and calls for papers.

International Journal of Blockchains and Cryptocurrencies (5 papers in press)

Regular Issues

  • Economic and social sustainability of legacy blockchains for non-crypto use cases: A reality check   Order a copy of this article
    by Fazal Raheman 
    Abstract: Predicted to be a $3+ trillion industry by 2030, blockchain has still has not achieved commercial viability beyond its stupendous success in enabling a multi-trillion cryptocurrency industry. Very high transaction cost and vulnerability to centralisation limits blockchains full potential. As cryptocurrency thrives, blockchain struggles to find its rightful place. This paper looks at public blockchain, its failed attempts at non-crypto use cases to arrive at accurate diagnosis of whats ailing. Based on a de novo review of the literature, this study formulates and supports a hypothesis on blockchains economic and social unsustainability. Although economic sustainability trumps environmental sustainability all the time, peer-reviewed literature is mostly silent on its economic sustainability, no one conducts environment damaging activity unless there is economic benefit. So far non-crypto use cases of blockchain have shown little or no economic benefit. Testing our hypothesis may help blockchain researchers define the future generation sustainable decentralised solutions.
    Keywords: consensus; decentralisation; economic sustainability; Ethereum; future blockchain; social sustainability; sustainable blockchain; transaction cost.
    DOI: 10.1504/IJBC.2023.10053578
     
  • Investigating the spillover effects of Bitcoin's financial fluctuations on other digital currencies   Order a copy of this article
    by Naeim Shokri, Amir Roshanfekr 
    Abstract: The purpose of this study is to investigate the effects of volatility spillover from Bitcoin as the largest digital currency on selected digital currencies. Volatility spillovers are a warning for risk management among cryptocurrencies and are especially instructive during periods of crisis. We investigate the effects of volatility spillover between digital currencies through the conditional covariance matrix. The findings show that Bitcoin had the highest volatility spillover on Dogecoin, Dash, and Ripple among digital currencies, respectively, and had the lowest volatility spillover on Ethereum. Bitcoin is used more as an asset than a currency and the Bitcoin market is more volatile than other currencies and prone to potential price bubbles. Based on the results, the bubbles in the digital currency market show that the market is irrational and due to the speculative behaviour of investors and the excitement of the Bitcoin market, It is causing economic instability.
    Keywords: financial volatility spillover; digital currencies; multivariate GARCH approach.
    DOI: 10.1504/IJBC.2023.10055424
     
  • Cryptocurrency Pricing Determining Factors   Order a copy of this article
    by Steven Msomi, Andile Nyandeni 
    Abstract: Cryptocurrencies have emerged as a popular investment option in recent years. This paper aims to identify and analyse the factors that determine the pricing of cryptocurrencies. The existing problem is the lack of a comprehensive framework for understanding cryptocurrency pricing. The study is necessary to help investors make informed decisions about investing in cryptocurrencies. To examine determinants of cryptocurrency prices, the study used five cryptocurrencies and employs the GMM techniques. The study used multiple variables (coin prices; coins issued per day; difficulty and market capitalisation) to test how they can determine cryptocurrency prices. Findings showed that coins that uses higher hash rate, that has higher difficulty, higher market capitalisation and has lower number of coins that are mined on daily basis, is likely to have its pricing improved over short to medium terms. Overall, this research work provides valuable insights into the factors that determine the pricing of cryptocurrencies.
    Keywords: cryptocurrencies; digital currency; Bitcoin; pricing factors; generalised method of moment; GMM; dynamic panel; hash rate; coins issued; market capitalisation; short-run dynamics; long-run dynamics.
    DOI: 10.1504/IJBC.2024.10056245
     
  • How Blockchain Solves the Supply chain problems using RFID Techniques   Order a copy of this article
    by Tapan Behera, B.S. Panda, Debabrata Samanta 
    Abstract: A significant amount of new capability has been created in this software industry with Blockchain Technology. By applying it, we can solve issues such as double spending, cross-border transactions, and settlements, which are all unresolved problems in the supply chain. Transparency, accountability and trust have always been challenging in supply chain management. In fact, this is much more important when the transaction involves very valuable goods, such as diamonds, gold, liquor, or medical drugs, or when the goods are from very expensive categories. We will discuss in this paper what the capabilities and features of the Blockchain can do to address these problems and what they can do for the future. Blockchain is a peer-to-peer architecture, therefore we do not need any intermediaries in a transaction management system since Blockchain works on a peer-to-peer basis. Blockchain can be used in IoT solutions to provide trust, transparency, and accountability because there will be no need to spend money on middlemen. In this paper will discuss how the traditional supply chain model works in silos.
    Keywords: Blockchain; Supply Chain; IoT; Machine Learning; Artificial Intelligence; MDM; DLT; RFID.
    DOI: 10.1504/IJBC.2023.10056593
     
  • Missa: a regional approach to maintain validity   Order a copy of this article
    by Mohamed Ikbal Nacer, Simant Prakoonwit, Edmond Prakash 
    Abstract: Blockchain is a new technique developed to eliminate central management of information by dividing maintenance between validators interested in participating for an expected reward. Unlike previous work, this invested in the practical impossibility of dealing with a large number of maintainers who may be business owners expecting a reward or aiming to foster the ecosystem. Inspired by the proverb “solidarity is not an act of charity, but mutual aid between forces fighting for the same goal”. This work introduces Missa, which is a way to foster trust between different maintainers and the platform by exchanging valuable data structures to provide a new approach to maintaining ledger validity in a fast, reliable, and secure manner. The solution was evaluated in terms of security discussion, environmental modelling, formal study of important components, and conceptual comparison. Finally, an actor model implementation, network simulation and unit tests were demonstrated.
    Keywords: blockchain; artificial intelligence; graph theory; consensus; proof of work; PoW; proof of stake; PoS; Byzantine fault tolerance; BFT.
    DOI: 10.1504/IJBC.2023.10056797