Perspectives of Blockchain Technology, its Relation to the Cloud and its Potential Role in Computer Science Education
Abstract
Blockchain ledgers and the Cloud are a perfect match. On the one hand, there is an inherent requirement for multiple separate authentication nodes to validate every Blockchain transaction with each node requiring substantial encryption calculation capability. On the other hand, massive economies of scale can bring down the cost per transaction, and provide service continuity. Additionally, the Cloud provides a perfect incubator for proof-of-concept projects. This paper considers the future implications of Blockchain, as the concept of disintermediated trustless ledgers stimulates the imagination of computer scientists and innovators. The Cloud’s role in implementing this new paradigm is also highlighted, as a new decentralized P2P-Cloud model. Finally, this paper discusses how Blockchain may be integrated into the university level computer science and information technology curriculum.
Keywords:
Blockchain, Cloud, BaaS, IT EducationDownloads
References
S. Brakeville, B. Perepa, “Blockchain Basics: Introduction to Distributed Ledgers”, https://tinyurl.com/ya6g6v2w
E. Buterin, “Ethereum Scalability and Decentralization Updates”, https://tinyurl.com/y83q53h9
P. Evans, “A Strategic Perspective on Blockchain and Digital Tokens”, https:// tinyurl.com/hqldvyq
M. Herlihy, M. Moir, “Enhancing accountability and trust in distributed ledgers”, https://arxiv.org/pdf/1606.07490.pdf
P. Rizzo, “World's Largest Mining Company to Use Blockchain for Supply Chain”, https://tinyurl.com/y85eh24t
S. Tual, “Annoncement: Ethereum Launches”, https://tinyurl.com/paqpppp
M. Swan, Blockchain: Blueprint for a New Economy, O’Reilly Media, 2015
M. Lansiti, K. R. Lakhani, “The Truth about Blockchain”, Harvard Business Review, pp. 118-127, January/February 2017.
J. Kopstein, “Down with the Data Center”, https://tinyurl.com/y7dme9dp
A. Forni, R. Meulen, “Gartner's 2016 Hype Cycle for Emerging Technologies Identifies Three Key Trends That Organizations Must Track to Gain Competitive Advantage”, https://tinyurl.com/zh4n83z
G. Samman, “Consortiums and Shared Ledgers: Supply Chains as a Use Case”, https://tinyurl.com/ycr8hqlo
A. Collomb, K. Sok, “Blockchain / Distributed Ledger Technology (DLT): What Impact on the Financial Sector?”, DigiWorld Economic Journal, Issue 103, 2016
E. Featherston, “Moving Test Environments to the Cloud”, https://tinyurl.com/ycbuptfd
P. Mell, T. Grance, “The NIST Definition of Cloud Computing”, https://tinyurl.com/zjqy993
R. Kastelein, “IBM Fuses Blockchain, AI and Cloud Computing into One Unit”, https://tinyurl.com/ybkp85w2
P. Froystad, “Analysing the Ethereum/Microsoft BaaS Solution”, https://tinyurl.com/ydhk3jal
W. Spies, “Blockchain Basics and Partner Strategy”, https://tinyurl.com/y6ugr8gw
H. Levy, “The CIO’s Guide to Blockchain”, https://tinyurl.com/h6ewetb
E. Erturk, “International technology transfer: the case of free computer software”, International Academy of Business and Public Administration Disciplines (IABPAD) Conference, Orlando, Florida, 2009.
R. Kastelein, “Amazon Announces Blockchain-as-a-Service (BAAS) Sandbox for Developers”, https://tinyurl.com/y8psk9yc
J. Vincent, “Google's AI Subsidiary Turns to Blockchain Technology to Track UK Health Data”, https://tinyurl.com/y8adefet
N. Acheson, “Why a Quiet Blockchain Consortium Could Soon Make Noise”, https://tinyurl.com/ld66hlr
M. Gray, “Introducing Project Bletchley”, https://tinyurl.com/j9lhee5
M. Odhiambo, P. Umenne, “NET-COMPUTER: Internet Computer Architecture and its Application in E-Commerce”, Engineering, Technology & Applied Science Research, Vol. 2, No. 6, pp. 302-309, 2012 DOI: https://doi.org/10.48084/etasr.145
S. Kursh, N. Gold, “Adding Fintech and Blockchain to Your Curriculum”, Business Education Innovation Journal, Vol. 8, No. 2, 2017
E. Erturk, “An Intelligent and Object-oriented Blueprint for a Mobile Learning Institute Information System”, International Journal for Infonomics, Vol. 6, No. 3/4, 2013 DOI: https://doi.org/10.20533/iji.1742.4712.2013.0085
D. Clark, “10 Ways Blockchain Could Be Used in Education”, https://tinyurl.com/ycd3uxtg
Downloads
How to Cite
License
Authors who publish with this journal agree to the following terms:
- Authors retain the copyright and grant the journal the right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) after its publication in ETASR with an acknowledgement of its initial publication in this journal.