Blockchain Papers

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Nov 27, 2025·Journal of Economics and Financial Analysis, (2018), Vol.2, No.2, pp. 1-27
0 cites
Factors Influencing Cryptocurrency Prices: Evidence from Bitcoin, Ethereum, Dash, Litecoin, and Monero

Yhlas Sovbetov

This paper examines factors that influence prices of most common five cryptocurrencies such as Bitcoin, Ethereum, Dash, Litecoin, and Monero over 2010-2018 using weekly data. The study employs ARDL technique and documents several findings. First, cryptomarket-related factors such as market beta, trading volume, and volatility appear to be significant determinant for all five cryptocurrencies both in short- and long-run. Second, attractiveness of cryptocurrencies also matters in terms of their price determination, but only in long-run. This indicates that formation (recognition) of the attractiveness of cryptocurrencies are subjected to time factor. In other words, it travels slowly within the market. Third, SP500 index seems to have weak positive long-run impact on Bitcoin, Ethereum, and Litcoin, while its sign turns to negative losing significance in short-run, except Bitcoin that generates an estimate of -0.20 at 10% significance level. Lastly, error-correction models for Bitcoin, Etherem, Dash, Litcoin, and Monero show that cointegrated series cannot drift too far apart, and converge to a long-run equilibrium at a speed of 23.68%, 12.76%, 10.20%, 22.91%, and 14.27% respectively.

Open access
2 source records
q-fin.PR
q-fin.CP
q-fin.PM
Original source
Nov 27, 2025·Distributed Ledger Technologies Research and Practice
0 cites
Alloy4CMD: A Formal Approach for Component-based Modeling of Distributed Ledger Technology Architecture

Ankur Lohachab, Saurabh Garg, Muhammad Bilal Amin

Distributed Ledger Technology (DLT) engineering practices commonly rely on the adaptation and development of components as key building blocks. However, incorrect component specifications can lead to architectural flaws, which may propagate to implementation stages and result in faulty configurations. To address this, we build on declarative modeling techniques from program verification and refactoring to formally specify DLT components and their architectural composition. We introduce a component-based approach, Alloy4CMD , for the formal modeling and analysis of DLT architectural design. This approach maps individual components into well-formed formal specifications, enabling decidable (bounded) reasoning and property checking. We further employ a lattice-based abstract interpretation to approximate component semantics, with verification carried out in Alloy through assertions expressing conformance to requirements. The analysis involves automated model finding with bounded consistency checks using the Alloy Analyzer. Our approach provides validated, reusable modules, composes them into a validated architectural meta-model that supports early-stage DLT architectural design, and is independent of any particular DLT platform.

Open access
Advanced Software Engineering Methodologies
Modular Robots and Swarm Intelligence
Model-Driven Software Engineering Techniques
Original source
Nov 27, 2025·Politics and Governance
2 cites
Technology as Statecraft: Remaking Sovereignty, Security, and Leadership in a Multipolar Age

Zeyu Hu, Chang Zhang, D. J. Galligan

This thematic issue examines how artificial intelligence, metaverse imaginaries, and decentralized Web3 systems have become arenas for states to build infrastructures, set technical standards, and project geopolitical power. It reconceptualizes technology not merely as an object of regulation but as a medium of statecraft through which sovereignty, security, and leadership are contested and remade in a multipolar digital order. This issue analyzes three interconnected dimensions: (a) the impact of global AI competition on state-making processes, enhancing coercive, extractive, delivery, and informational capacities similar to earlier state formation phases; (b) the nature of technological leadership as a relational and dynamic process influenced by interactions between leading and following states; and (c) the role of security logics in transforming external rivalry and internal governance through securitization. Through comparative analysis of the US, China, the EU, and emerging economies, this issue explores how diverse political systems encode openness, sovereignty, and accountability into their technological regimes, demonstrating that technological governance is inseparable from state-making. The contributions map competing logics—sovereign, liberal, entrepreneurial—showing that digital governance emerges not as convergence toward a singular model but as recursive entanglements of imagination and infrastructure.

Open access
Cybersecurity and Cyber Warfare Studies
Global Security and Public Health
Ethics and Social Impacts of AI
Original source
Nov 27, 2025·International Journal For Multidisciplinary Research
0 cites
Decentralized Finance (DeFi) and the Future of Corporate Fundraising

Armaan Sundaramurthy

Decentralized Finance (DeFi) has emerged as a transformative force in global finance, offering trustless, blockchain-based alternatives to traditional intermediated systems. This paper examines how DeFi innovations — such as tokenized assets, decentralized exchanges (DEXs), and automated smart contracts — are reshaping corporate fundraising. It analyzes the efficiency, accessibility, and regulatory implications of using decentralized protocols for capital raising, comparing DeFi mechanisms (e.g., IDOs, security token offerings, DAOs) with traditional equity and debt issuance models. Using case studies and data from leading DeFi ecosystems (Ethereum, Polygon, Solana) and corporate blockchain pilots, we evaluate DeFi’s impact on fundraising costs, investor reach, and transparency. The findings suggest that while DeFi offers reduced friction and democratized access to capital, challenges in regulation, governance, and investor protection must be resolved before large-scale corporate adoption.

Open access
FinTech, Crowdfunding, Digital Finance
Global Financial Regulation and Crises
Blockchain Technology Applications and Security
Original source
Nov 27, 2025·International Journal of Logistics Research and Applications
2 cites
Non-fungible tokens, blockchain carbon credits, and the transition to carbon neutrality in supply chains

Luqman Hakim Abdul Majid, Yudi Fernando, Ming K. Lim, Ming‐Lang Tseng

Achieving carbon neutrality in supply chains is a complex challenge, given the urgency of climate change mitigation. This paper explores how non-fungible tokens, carbon transparency, and blockchain carbon credits can support reaching carbon neutrality. We surveyed 140 Malaysian semiconductor firms involved in carbon-neutrality initiatives and conducted necessary condition analysis using the bottleneck technique. Our results show that non-fungible tokens enhance carbon transparency by providing traceable, verifiable carbon data. This transparency positively influences the issuance of blockchain carbon credits and carbon neutrality, though its effect is limited. Carbon transparency serves as a mediator between non-fungible tokens and carbon neutrality, underscoring its role in leveraging digital tools for effective carbon management. However, regulatory compliance and scalability challenges hinder both carbon transparency and digital transformation. This paper provides a foundation for integrating non-fungible tokens and blockchain technology into supply chains, offering policymakers pursuing transparent decarbonisation strategies valuable insights.

Open access
2 source records
Sustainable Supply Chain Management
Blockchain Technology Applications and Security
Energy, Environment, Economic Growth
Original source
Nov 27, 2025·IEEE Transactions on Engineering Management
1 cites
A Replicable Framework to Drive Business Model Innovation Enabled by Web3: A Case Study in the Agrifood Sector

Perboli Guido, Simionato Nadia, Vandoni Chiara

This paper investigates how Web3 technologies, such as blockchain, NFTs, and the metaverse, can drive Business Model Innovation (BMI) by enabling new forms of value creation, delivery, and capture. While the strategic potential of Web3 has been widely discussed, there remains a lack of operational tools to guide its implementation in real-world business contexts. To address this gap, we introduce the Web3 Value Exploitation De sign Model (Web3 VEDM), a step-by-step framework grounded in the GUEST methodology. The model is designed to support engineering managers in assessing Web3 readiness, aligning stakeholders, and developing decentralized business models. The framework is empirically validated through a real-world case study in the agri-food sector, offering actionable insights into how organizations can leverage Web3 to transition from centralized to decentralized, participatory ecosystems. The study contributes both theoretically and practically by bridging the gap between conceptual exploration and structured application of Web3 in business transformation.

Open access
Technology Adoption and User Behaviour
Blockchain Technology Applications and Security
Digital Transformation in Industry
Original source
Nov 27, 2025·International Journal of Scientific Research and Modern Technology.
3 cites
AI Powered Predictive Frameworks for Risk Modeling and Regulatory Compliance in Decentralized Finance Investment Systems

Henry Segun Uwabor, Igba Emmanuel, Onuh Matthew Ijiga

The emergence of decentralized finance (DeFi) has transformed global financial ecosystems by enabling transparent, permissionless, and automated investment systems. However, the inherent volatility, regulatory uncertainty, and data complexity within DeFi ecosystems pose significant challenges for risk modeling and compliance assurance. This review explores the integration of AI-powered predictive frameworks to enhance risk assessment, fraud detection, and regulatory compliance in decentralized finance investment systems. By leveraging machine learning (ML), deep learning (DL), and natural language processing (NLP) models, the study examines how predictive analytics can proactively identify anomalous transactions, assess smart contract vulnerabilities, and optimize portfolio risk exposure. The paper also evaluates how AI-driven systems can align DeFi operations with emerging regulatory frameworks, including KYC/AML protocols, data protection standards, and algorithmic auditing requirements. Additionally, the review highlights the role of explainable AI (XAI) in promoting transparency, interpretability, and trust among regulators and investors. Through a synthesis of existing literature and real-world applications, this paper presents a comprehensive framework illustrating how predictive AI technologies can bridge the gap between financial innovation and regulatory governance in DeFi. The findings underscore the potential of intelligent, adaptive, and compliant DeFi systems capable of ensuring sustainable growth, investor protection, and systemic stability in the evolving digital financial landscape.

Open access
FinTech, Crowdfunding, Digital Finance
Sustainable Finance and Green Bonds
Blockchain Technology Applications and Security
Original source
Nov 26, 2025·arXiv
0 cites
A Sustainable and Reward Incentivized High-Performance Cluster Computing for Artificial Intelligence: A Novel Bayesian-Time-Decay Trust Mechanism in Blockchain

Murat Yaslioglu

In an age where sustainability is of paramount importance, the significance of both high-performance computing and intelligent algorithms cannot be understated. Yet, these domains often demand hefty computational power, translating to substantial energy usage and potentially sidelining less robust computing systems. It's evident that we need an approach that is more encompassing, scalable, and eco-friendly for intelligent algorithm development and implementation. The strategy we present in this paper offers a compelling answer to these issues. We unveil a fresh framework that seamlessly melds high-performance cluster computing with intelligent algorithms, all within a blockchain infrastructure. This promotes both efficiency and a broad-based participation. At its core, our design integrates an evolved proof-of-work consensus process, which links computational efforts directly to rewards for producing blocks. This ensures both optimal resource use and participation from a wide spectrum of computational capacities. Additionally, our approach incorporates a dynamic 'trust rating' that evolves based on a track record of accurate block validations. This rating determines the likelihood of a node being chosen for block generation, creating a merit-based system that recognizes and rewards genuine and precise contributions. To level the playing field further, we suggest a statistical 'draw' system, allowing even less powerful nodes a chance to be part of the block creation process.

Open access
cs.DC
Original source
Nov 26, 2025·arXiv
0 cites
Machine Learning and Deep Learning in Computational Finance: A Systematic Review

Soufiane El Amine El Alami, Abderazzak Mouiha, Abdelatif Hafid, Ahmed El Hilali Alaoui

This systematic review examines how machine learning (ML) and deep learning (DL) have transformed forecasting, decision-making, and financial modelling, promoting innovation and efficiency in financial systems. Following PRISMA 2020 guidelines, we analyze 22 peer-reviewed and open-access articles (2024 to 2026) indexed in Scopus, applying ML and DL models across credit risk prediction, cryptocurrency, asset pricing, and macroeconomic policy modeling. The most used models include Random Forest, XG-Boost, Support Vector Machine, Long Short-Term Memory (LSTM), Bidirectional LSTM, Convolutional Neural Network (CNN), and hybrid or ensemble approaches combining statistical and AI methods. ML and DL techniques outperform traditional models by capturing nonlinear dependencies and enhancing predictive accuracy, while explainable AI methods (e.g., SHAP and feature importance analysis) improve transparency and interpretability. Emerging trends include cross-domain applications and the integration of responsible AI in finance. Despite notable progress, challenges remain in interpretability, generalizability, and data quality. Overall, this review provides a comprehensive overview of AI-driven computational finance and outlines future research directions.

Open access
math.GM
Original source
Nov 26, 2025·arXiv
0 cites
MAD-DAG: Protecting Blockchain Consensus from MEV

Roi Bar-Zur, Aviv Tamar, Ittay Eyal

Blockchain security is threatened by selfish mining, where a miner (operator) deviates from the protocol to increase their revenue. Selfish mining is exacerbated by adverse conditions: rushing (network propagation advantage for the selfish miner), varying block rewards due to block contents, called miner extractable value (MEV), and petty-compliant miners who accept bribes from the selfish miner. The state-of-the-art selfish-mining-resistant blockchain protocol, Colordag, does not treat these adverse conditions and was proven secure only when its latency is impractically high. We present MAD-DAG, Mutually-Assured-Destruction Directed-Acyclic-Graph, the first practical protocol to counter selfish mining under adverse conditions. MAD-DAG achieves this thanks to its novel ledger function, which discards the contents of equal-length chains competing to be the longest. We analyze selfish mining in both Colordag and MAD-DAG by modeling a rational miner using a Markov Decision Process (MDP). We obtain a tractable model for both by developing conservative reward rules that favor the selfish miner to yield an upper bound on selfish mining revenue. To the best of our knowledge, this is the first tractable model of selfish mining in a practical DAG-based blockchain. This enables us to obtain a lower bound on the security threshold, the minimum fraction of computational power a miner needs in order to profit from selfish mining. MAD-DAG withstands adverse conditions under which Colordag and Bitcoin fail, while otherwise maintaining comparable security. For example, with petty-compliant miners and high levels of block reward variability, MAD-DAG's security threshold ranges from 11% to 31%, whereas both Colordag and Bitcoin achieve 0% for all levels.

Open access
cs.CR
cs.DC
Original source
Nov 26, 2025·arXiv
0 cites
Spatial Two-Stage Hierarchical Optimization Analysis for Site Selection of Bitcoin Mining in South Korea

Yoonseul Choi, Jungsoon Choi

South Korea faces the dual challenge of managing growing distributed solar energy surpluses and the high energy demand of industries like Bitcoin mining. Leveraging mining operations as a flexible load to monetize this `net-metering surplus' presents a viable synergy, but requires a robust site selection methodology. Traditional GIS-based Multi-Criteria Decision Analysis (MCDA) struggles with subjective weighting and integrating heterogeneous spatial data (areal-level and lattice-level). This thesis develops and implements a Two-Stage Hierarchical Optimization framework to overcome these limitations. Stage 1 (Areal-Level) employs a cost-benefit optimization to determine the optimal number ($K^*$) and combination of regions, maximizing a final adjusted net profit by balancing surplus power revenue against detailed land and non-linear infrastructure costs. Stage 2 (Point-Level) then uses a GIS-based sliding window search within these selected regions, applying topographic (slope $< 6.0^\circ$) and land-use constraints at a 30m resolution to identify physically constructible `unit sites'. The model identified an optimal configuration of $K^*=3$ regions (Yongin, Damyang, Miryang) yielding a maximum potential net profit of approximately \$307 million. Crucially, the Stage 2 screening revealed that Yongin, the most profitable region, was also the most physically constrained, 87\% of sites filtered out. This research contributes a scalable, objective framework for energy infrastructure siting that effectively integrates multi-scale spatial data. It provides a data-driven strategy for policymakers and grid operators (like Korea Electric Power Corporation) to monetize curtailed renewables and enhance grid stability.

Open access
stat.AP
Original source
Nov 26, 2025·Zenodo (CERN European Organization for Nuclear Research)
0 cites
Treasonous Topologies: The Mathematical Bounds of Byzantine Agreement

Revista, Zen, HISTORY, 10

The Byzantine Generals Problem, introduced by Lamport, Shostak, and Pease, fundamentally addresses how a distributed system can achieve consensus even when some of its components are unreliable or malicious. This paper delves into the mathematical bounds that govern the solvability and efficiency of Byzantine Agreement (BA) protocols, specifically exploring the role of network topology in these limits. We examine classical impossibility results, such as the n $>$ 3f requirement for unauthenticated synchronous systems and the Fischer-Lynch-Paterson impossibility for deterministic asynchronous systems. Furthermore, we introduce "treasonous topologies" as a conceptual framework to systematically analyze how graph-theoretic properties like connectivity and diameter influence the minimum number of honest nodes required, message complexity, and time complexity. Special attention is paid to authenticated protocols which can relax certain bounds by employing digital signatures. This study elucidates the intricate relationship between adversarial capabilities, network structure, and the inherent mathematical constraints on achieving robust agreement in the presence of malicious nodes. We also touch upon modern applications in blockchain and distributed ledger technologies, where these theoretical bounds translate into practical considerations for security, scalability, and decentralization. A core contribution of this work is the synthesis of these established bounds with a detailed examination of how varying network structures fundamentally dictate protocol design and performance, offering a clearer lens through which to understand the vulnerabilities and strengths of real-world distributed systems.

Open access
2 source records
Distributed systems and fault tolerance
Blockchain Technology Applications and Security
Caching and Content Delivery
Original source
Nov 26, 2025·Zenodo (CERN European Organization for Nuclear Research)
0 cites
Unlocking India's Renewable Energy potential: Challenges and Opportunities

Dr Sowmya S Murthy

As the world grapples with climate change and energy insecurity, renewable energy has emerged as a central pillar of sustainable development. However, the transition to renewables faces persistent technological, economic, policy, and social challenges. This paper explores the dual nature of renewable energy—its immense promise and its complex barriers—through global trends and India-focused case studies. By analyzing large-scale and decentralized renewable projects, including Bhadla, Pavagada, Rewa, and Kurnool solar parks, as well as microgrid initiatives in Dharnai and Indira Nagar, this study identifies strategic pathways for inclusive and resilient energy futures. The analysis reveals that integrated policies, innovative financing, community participation, and technological innovation are key to maximizing renewable energy’s transformative potential. Key words: climate change, energy, renewable.

Open access
Hybrid Renewable Energy Systems
Energy and Environment Impacts
Sustainability and Climate Change Governance
Original source
Nov 26, 2025·INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT
0 cites
Role Of Blockchain in Enhancing Data Security and Transparency in the IT Industry

Prof. Nitesh Bandu Kudmethe, Raju Bhausaheb Madke, Hariom Sanjay Matlane, Nilay Sagar Mahore · 5 authors

Abstract Blockchain technology has become a transformative solution for secure and transparent digital ecosystems. This paper explores how decentralization, cryptographic hashing, distributed consensus, and immutable ledger architecture contribute to advanced data protection in the IT industry. The study integrates findings from existing literature, evaluates blockchain’s practical applications in sectors including finance, healthcare, supply chain, and governance, and examines a proposed multi-layer blockchain framework. The research highlights blockchain’s advantages in enhancing confidentiality, integrity, availability, and auditability, while identifying its limitations such as scalability, regulatory constraints, and environmental impact. Future scope emphasizes integration with AI, IoT, Web 3.0, quantum-resistant models, and cross-chain interoperability. Overall, the study concludes that blockchain is a critical technology for advancing trust-driven IT infrastructures. Keywords Blockchain, Data Security, Transparency, Decentralization, Smart Contracts, IT Industry

Open access
Blockchain Technology Applications and Security
Organizational and Employee Performance
Internet of Things and AI
Original source
Nov 26, 2025·Vitela (Pontificia Universidad Javeriana Cali)
0 cites
Smart Contracts y derecho al retracto en Colombia

Giraldo Zabaleta, Mariana

La investigación analiza la compatibilidad entre los contratos inteligentes basados en tecnología blockchain y el derecho al retracto reconocido en la legislación colombiana. Los contratos inteligentes permiten la ejecución automática de obligaciones mediante códigos informáticos almacenados en registros descentralizados, lo que garantiza seguridad, transparencia y eliminación de intermediarios. Sin embargo, una de sus principales características es la inmutabilidad de la información registrada, lo que dificulta la modificación, suspensión o reversión de los acuerdos una vez ejecutados. Esta situación genera tensiones con la naturaleza dinámica de las relaciones contractuales y con mecanismos jurídicos de protección al consumidor, como el derecho al retracto previsto en el Estatuto del Consumidor colombiano. Dicho derecho permite al consumidor desistir de ciertos contratos dentro de un plazo determinado, especialmente en modalidades de contratación donde no existe contacto directo con el producto o servicio. El estudio plantea que la rigidez inherente de la tecnología blockchain puede entrar en conflicto con principios fundamentales del derecho contractual, en particular con las facultades de modificación, terminación o arrepentimiento reconocidas por la ley. En consecuencia, se reflexiona sobre la necesidad de desarrollar contratos inteligentes que incorporen mecanismos jurídicos y tecnológicos capaces de armonizar la automatización de las obligaciones con la protección de los derechos de las partes y la flexibilidad requerida por las relaciones comerciales contemporáneas.

Open access
Comparative International Legal Studies
Data Privacy and Cybersecurity
Family and Matrimonial Law
Original source
Nov 26, 2025·Electronics
1 cites
EmbryoTrust: A Blockchain-Based Framework for Trustworthy, Secure, and Ethical In Vitro Fertilization Data Management and Fertility Preservation

Hessah A. Alsalamah, Saeed Alqahtani, Ghazlan Al-Arifi, Jana Al-Sadhan · 8 authors

Assisted Reproductive Technology (ART), particularly In Vitro Fertilization (IVF), generates highly sensitive medical data classified as Protected Health Information (PHI) under international privacy and data protection laws. Ensuring the secure, transparent, and ethically governed management of this data is both essential and legally mandated. However, conventional Electronic Medical Record (EMR) systems often present significant challenges, including data-integrity risks, unauthorized access, and limited patient control—issues that become especially critical in contexts such as fertility preservation for cancer patients. EmbryoTrust introduces a blockchain-based framework designed to ensure the confidentiality, integrity, and availability of IVF-related information through a private, permissioned network integrated with role-based access control (RBAC). Smart contracts, implemented in Solidity on the Ethereum platform, verify spousal identities and enforce data immutability in compliance with religious legislation and ethical regulations. Off-chain data are stored in MongoDB for scalable, privacy-preserving management, while on-chain summaries provide tamper-evident traceability and verifiable auditability. The system was deployed and validated on the Ethereum Holešky testnet using Solidity 0.8.21 and Node.js 18.17, achieving an average transaction-confirmation time of 2.8 s, 99.9% uptime and a 95% user-satisfaction rate. Functional, integration, and usability testing confirmed secure and efficient data handling with minimal computational overhead. Comparative analysis demonstrated that the hybrid on-/off-chain architecture reduces latency and gas costs while maintaining automated compliance enforcement. The modular design enables adaptation to other jurisdictions by reconfiguring ethical and regulatory parameters within the smart-contract layer, ensuring flexibility for global deployment. Overall, the EmbryoTrust framework illustrates how blockchain logic can technically enforce medical and ethical rules in real time, providing a reproducible model for secure, culturally compliant, and privacy-preserving digital-health information management. Its alignment with Saudi Vision 2030 and the Wold Health Organization (WHO) Global Strategy on Digital Health 2020–2025 highlights its potential as a scalable solution for next-generation ART information systems.

Open access
Blockchain Technology Applications and Security
Privacy-Preserving Technologies in Data
Cryptography and Data Security
Original source
Nov 26, 2025·Results in Engineering
0 cites
DLT in manufacturing: A systematic review of applications, taxonomy, enablers, maturity, and challenges

Froylan Cortés-Santacruz, Luis Antonio Carrillo-Martínez, Luciano García‐Bañuelos, Jesús Anselmo Fortoul-Diaz

Although distributed ledger technologies (DLTs) have transformed financial sectors, their manufacturing applications lack systematic maturity assessment frameworks. Previous reviews identified DLT benefits but show critical gaps, including a lack of quantitative maturity metrics, insufficient categorization of use cases, and limited platform-specific comparative analysis. This systematic literature review addresses these gaps through three key contributions: (i) a novel Distributed Ledger Technology Maturity Level (DLTML) framework, (ii) a four-category manufacturing taxonomy, and (iii) platform-specific implementation analysis. Analyzing 60 primary studies (2018–2025) using Kitchenham’s guidelines, Wohlin’s snowballing, and Treiblmaier’s assessment framework, we answer the following: (i) What are the categories of use of DLT in manufacturing? (ii) What features of DLT are key enablers and what specific challenges have been addressed in current manufacturing solutions? (iii) What is the level of technological maturity of DLT applications in manufacturing according to the existing literature? The category Process Execution Tracking dominates (80 % of the studies), followed by Provenance (65 %), Ownership Management (30 %) and Payment Management (25 %). Smart contracts are the main enablers (81. 67 %), followed by decentralization (48.33 %). Governance mechanisms remain unaddressed, and interoperability progress is limited. Hyperledger Fabric leads privacy-sensitive scenarios (55 %), while Ethereum dominates transparency-focused applications (38 %). DLTML assessment shows that 61.66 % achieve intermediate maturity (DLTML-3), 20 % achieve high-fidelity prototypes (DLTML-4), but none achieves verified operational deployment (DLTML-5). This study provides evidence-based guidance for researchers and decision makers pursuing the adoption of DLT in manufacturing.

Open access
Injection Molding Process and Properties
Manufacturing Process and Optimization
Cardiac pacing and defibrillation studies
Original source
Nov 26, 2025·NaUKMA Research Papers Computer Science
0 cites
Method of Encrypted Communication in Strategic Interactions

Olha Mykhailenko, Kyrylo Gorokhovskyi, Semen Gorokhovskyi

The paper explores the possibility of expanding the use of end-to-end encryption protocols based on the Double Ratchet algorithm in applications with low trust in the server, particularly in turn-based games and strategic interactions. The relevance of the research is due to the growing need for secure communication in cyberattacks, especially during military operations. The field of end-to-end encryption requires the study of additional applications beyond the usual ones, such as encrypted communication in text messengers. The developed implementation of the protocol can be safely used in any applications that aim to implement end-to-end encryption and satisfy the criterion of session ephemerality (in cases where secrets are stored outside a secure environment). The implemented server supports ephemeral sessions, which guarantee minimal risks of information compromise, and uses digital signatures (EdDSA) for user authentication. Logical routing of requests ensures efficient message transmission in secure scenarios. The choice of the classic game of checkers as an example allowed the authors to effectively demonstrate the advantages of end-to-end encryption and the capabilities of the implemented protocol. All cryptographic operations, including key generation, encryption and decryption of messages, are successfully performed on client devices. It is important to improve error handling mechanisms and optimize the operation of WebAssembly. An interesting area of further research is the creation of zero-knowledge proof mechanisms to prevent Man-In-The-Middle attacks during the creation of a shared secret, optimizing integration with cryptographic hardware security modules (HSM), and exploring the scalability of the solution. The proposed approach can be used to solve real-world information security problems where trust in the data transmission channel is critically important. Thus, the work has created a comprehensive solution that includes a cryptographic protocol, a backend, and a web client, which demonstrates the viability of end-to-end encryption in browser environments and multiplayer games. The work can be used as a basis for further research and development in the field of security of communication systems and privacy in multiplayer games.

Open access
Security in Wireless Sensor Networks
Chaos-based Image/Signal Encryption
Advanced Malware Detection Techniques
Original source
Nov 26, 2025·Financial Innovation
0 cites
A spatial analysis of the use of Bitcoin as a medium of exchange

Padraig Corcoran, Anqi Liu, Jing Chen, ‪Irena Spasić

Abstract We present a spatial analysis of Bitcoin-accepting merchants using BTC Map, a global crowdsourced dataset built on OpenStreetMap, to provide ground-level evidence on Bitcoin’s payment ecosystem. While prior research emphasizes macroeconomic drivers, our analysis of approximately 11,000 merchants shows that local adoption is more strongly shaped by community dynamics and sectoral niches. Acknowledging quality variance in crowdsourced data, we focus on verified regional clusters. We find a global concentration of adoption in the hospitality sector, localised clusters driven by grassroots initiatives rather than national policy and significant presence in alternative healthcare and IT services. These findings highlight the limits of top-down interventions such as El Salvador’s legal tender law and underscore the role of social networks in sustaining adoption. By contrasting spatial micro-level evidence with national studies, this work positions merchant data as a key lens for understanding Bitcoin’s evolving role as a medium of exchange.

Open access
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Digital Platforms and Economics
Original source
Nov 26, 2025·International Journal on Science and Technology
0 cites
Federated Graph Pattern Mining Across Institutions

J Nagapriya, J. Srimathi

Graph-structured data has become central to modern analytics, enabling institutions to model relationships in domains such as healthcare, finance, cyber security, and education. However, privacy regulations and institutional policies restrict the sharing of sensitive nodes, edges, or interaction logs, preventing the discovery of global graph patterns. This paper introduces a novel framework for Federated Graph Pattern Mining Across Institutions (FGPM-AI), enabling multiple organizations to collaboratively extract global sub graphs, motifs, and temporal patterns without sharing raw graph data. The framework proposes six novel contributions: (1) Privacy-Preserving Pattern Signatures (PPPS) for anonymized sub graph encoding, (2) Federated Temporal Graph Pattern Mining (FT-GPM) to learn evolving patterns across distributed graphs, (3) Zero-Exchange Federated Sub graph Matching (ZE-FSM) using zero-knowledge proofs, (4) Heterogeneity-Aware Graph Pattern Consensus (HGPC) for semantic alignment between distinct graph schemas, (5) Communication-Adaptive Pattern Sharing (CA-FGM) for bandwidth-efficient collaboration, and (6) Multi-Party Graph Pattern Distillation (MGPD) for merging patterns into a unified knowledge model. Experimental design considerations demonstrate the feasibility and robustness of the framework. The results highlight FGPM-AI as a promising direction for secure, scalable, and intelligent cross-institution graph analytics.

Open access
Advanced Graph Neural Networks
Graph Theory and Algorithms
Privacy-Preserving Technologies in Data
Original source
Nov 26, 2025·Zenodo (CERN European Organization for Nuclear Research)
0 cites
Verifiable Byzantine Agreement: A Zero-Knowledge Approach to Trustless Consensus

Revista, Zen, HISTORY, 10

Byzantine Fault Tolerance (BFT) protocols are fundamental to achieving consensus in distributed systems where some nodes may behave maliciously. However, traditional BFT mechanisms often rely on strong trust assumptions in a majority of honest participants or incur significant communication overhead for extensive verification, thereby limiting scalability and introducing explicit points of trust. This paper proposes a novel approach to verifiable Byzantine agreement that leverages the power of Zero-Knowledge Proofs (ZKPs) to enhance trustlessness and verifiability. By integrating ZKPs into the consensus process, participants can cryptographically prove the correctness of their protocol actions and proposed states without revealing the underlying sensitive information or requiring every other node to re-execute complex computations. This paradigm shift enables a new class of BFT protocols where agreement is not merely reached but is {em verifiably} correct by any observer, reducing implicit trust and increasing transparency. We outline a conceptual framework for such a ZKP-enhanced BFT protocol, discussing the key integration points for zero-knowledge proofs, the expected benefits in terms of security and scalability, and the challenges associated with its implementation. Our approach aims to pave the way for more robust, scalable, and genuinely trustless decentralized systems.

Open access
2 source records
Distributed systems and fault tolerance
Cryptography and Data Security
Blockchain Technology Applications and Security
Original source
Nov 26, 2025·Scientific Reports
10 cites
The pitfalls of multiple-choice questions in generative AI and medical education

Shrutika Singh, Anton Alyakin, Daniel Alexander Alber, Jaden Stryker · 12 authors

The performance of Large Language Models (LLMs) on multiple-choice question (MCQ) benchmarks is frequently cited as proof of their medical capabilities. We hypothesized that LLM performance on medical MCQs may in part be illusory and driven by factors beyond medical content knowledge and reasoning capabilities. To assess this, we created a novel benchmark of free-response questions with paired MCQs (FreeMedQA). Using this benchmark, we evaluated three state-of-the-art LLMs (GPT-4o, GPT-3.5, and LLama-3-70B-instruct) and found an average absolute deterioration of 39.43% in performance on free-response questions relative to multiple-choice (p = 1.3 * 10 -5 ) which was greater than the human performance decline of 22.29%. To isolate the role of the MCQ format on performance, we performed a masking study, iteratively masking out parts of the question stem. At 100% masking, the average LLM multiple-choice performance was 6.70% greater than random chance (p = 0.002) with one LLM (GPT-4o) obtaining an accuracy of 37.34%. Notably, for all LLMs the free-response performance was near zero. Our results highlight the shortcomings in medical MCQ benchmarks for overestimating the capabilities of LLMs in medicine, and, broadly, the potential for improving both human and machine assessments using LLM-evaluated free-response questions.

Open access
Artificial Intelligence in Healthcare and Education
Topic Modeling
Machine Learning in Healthcare
Original source
Nov 26, 2025·PLoS ONE
0 cites
Megalithic statue (moai) production on Rapa Nui (Easter Island, Chile)

Carl P. Lipo, Terry L. Hunt, Gina Pakarati, Thomas J. Pingel · 9 authors

Ethnohistoric and recent archaeological evidence suggest that Rapa Nui (Easter Island, Chile) was a politically decentralized society organized into small, relatively autonomous kin-based communities across the island. The more than 1,000 monumental statues (moai) of Rapa Nui thus raise a critical question: was production at Rano Raraku-the primary moai quarry-centrally controlled or did it mirror the decentralized pattern found elsewhere on the island? Using Structure-from-Motion (SfM) photogrammetry with over 11,000 UAV images, we created the first comprehensive three-dimensional model of the quarry to test these competing hypotheses. Our analysis reveals 30 distinct quarrying foci distributed across the crater, each containing redundant production features and employing varied carving techniques. This spatial organization, combined with evidence for multiple simultaneous workshops constrained by natural boundaries, indicates that moai production followed the same decentralized, clan-based pattern documented for other aspects of Rapa Nui society. These findings challenge assumptions that monumentality requires hierarchical control, instead supporting emerging frameworks that recognize how complex cooperative behaviors can emerge through horizontal social networks. The high-resolution 3D model also establishes a crucial baseline for the cultural heritage management of this UNESCO World Heritage site, while advancing methodological approaches for testing sociopolitical hypotheses through the spatial analysis of archaeological landscapes.

Open access
Pacific and Southeast Asian Studies
Pleistocene-Era Hominins and Archaeology
Archaeological Research and Protection
Original source
Nov 26, 2025·International Journal for Research in Applied Science and Engineering Technology
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NFT: What’s in a Name? Everything

Jasmine Cathrine Mathew

NFT (Non-Fungible Token) has emerged as a trending topic in the digital world. This article focuses on the working principle of NFTs and their practical applications in real-world scenarios. Ethereum blockchain serves as the foundational technology that powers NFTs. This document provides a comprehensive technical overview of Ethereum blockchain technology applied in the textile industry for maintaining product ownership verification and authenticity

Open access
Blockchain Technology Applications and Security
Physical Unclonable Functions (PUFs) and Hardware Security
Big Data and Digital Economy
Original source