Blockchain Papers

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Sep 15, 2022
0 cites
A Decentralized Marketplace for Patient-Generated Health Data: Design Science Approach (Preprint)

Hemang Subramanian

<sec> <title>BACKGROUND</title> Wearable devices have limited ability to store and process such data. Currently, individual users or data aggregators are unable to monetize or contribute such data to wider analytics use cases. When combined with clinical health data, such data can improve the predictive power of data-driven analytics and can proffer many benefits to improve the quality of care. We propose and provide a marketplace mechanism to make these data available while benefiting data providers. </sec> <sec> <title>OBJECTIVE</title> We aimed to propose the concept of a decentralized marketplace for patient-generated health data that can improve provenance, data accuracy, security, and privacy. Using a proof-of-concept prototype with an interplanetary file system (IPFS) and Ethereum smart contracts, we aimed to demonstrate decentralized marketplace functionality with the blockchain. We also aimed to illustrate and demonstrate the benefits of such a marketplace. </sec> <sec> <title>METHODS</title> We used a design science research methodology to define and prototype our decentralized marketplace and used the Ethereum blockchain, solidity smart-contract programming language, the web3.js library, and node.js with the MetaMask application to prototype our system. </sec> <sec> <title>RESULTS</title> We designed and implemented a prototype of a decentralized health care marketplace catering to health data. We used an IPFS to store data, provide an encryption scheme for the data, and provide smart contracts to communicate with users on the Ethereum blockchain. We met the design goals we set out to accomplish in this study. </sec> <sec> <title>CONCLUSIONS</title> A decentralized marketplace for trading patient-generated health data can be created using smart-contract technology and IPFS-based data storage. Such a marketplace can improve quality, availability, and provenance and satisfy data privacy, access, auditability, and security needs for such data when compared with centralized systems. </sec>

Open access
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Artificial Intelligence in Healthcare
Original source
Sep 15, 2022
0 cites
Uma proposta para impulsionar as pesquisas em governança de algoritmos de IA e dados

JuliĂŁo Braga, Francisco Regateiro, Itana Stiubiener, Juliana Cristina Braga

This paper is a proposal to develop a study on governance of artificial intelligence algorithms and data from a comparative study of proposals available in the literature and experiences from Internet governance. Complementarily these studies will be made available for discussions in a Decentralized Autonomous Organization to be implemented, especially for this purpose, in the environment called web3 or Decentralized Finance (DeFi).

Open access
Big Data and Business Intelligence
Original source
Sep 15, 2022
1 cites
A proposal to improve research in AI algorithm and data governance

JuliĂŁo Braga, Francisco Regateiro, Itana Stiubiener, Juliana Cristina Braga

This paper is a proposal to develop a study on governance of artificial intelligence algorithms and data from a comparative study of proposals available in the literature and experiences from Internet governance. Complementarily these studies will be made available for discussions in a Decentralized Autonomous Organization to be implemented, especially for this purpose, in the environment called web3 or Decentralized Finance (DeFi).

Open access
Big Data and Business Intelligence
Blockchain Technology Applications and Security
Original source
Sep 14, 2022·Zenodo (CERN European Organization for Nuclear Research)
0 cites
Transcript of: Active Inference Twitter Spaces #002 ~ "Can Web3 survive without cognitive modeling?"

Jakub Smékal, Bleu Knight, Brock McKean, Daniel Friedman

Transcript of: <strong>Active Inference ~ Twitter Spaces 002 ~ “Can Web3 survive without cognitive modeling?”</strong> Session 002.1, September 14, 2022 https://www.youtube.com/watch?v=Sb8A0jNzWPE

Open access
Scientific Computing and Data Management
Semantic Web and Ontologies
Original source
Sep 11, 2022·15th International Baltic Conference on Digital Business and Intelligent Systems (DB&IS), July 03-06, 2022, University of Latvia, Riga, Latvia
0 cites
Web 3.0 Adoption Behavior: PLS-SEM and Sentiment Analysis

Sheikh Muhamad Hizam, Waqas Ahmed, Habiba Akter, Ilham Sentosa · 5 authors

Web 3.0 is considered as future of Internet where decentralization, user personalization and privacy protection would be the main aspects of Internet. Aim of this research work is to elucidate the adoption behavior of Web 3.0through a multi-analytical approach based on Partial Least Squares Structural Equation Modelling (PLS-SEM) and Twitter sentiment analysis. A theoretical framework centered on Performance Expectancy (PE), Electronic Word-of-Mouth (eWOM) and Digital Dexterity (DD), was hypothesized towards Behavioral Intention (INT) of the Web 3.0 adoption. Surveyed data were collected through online questionnaires and 167 responses were analyzed through PLS-SEM. While 3,989 tweets of Web3 were analyzed by VADER sentiment analysis tool in RapidMiner. PLS-SEM results showed that DD and eWOM had significant impact while PE had no effect on INT. Moreover, these results were also validated by PLS-Predict method. While sentiment analysis explored that 56% tweets on Web 3.0 were positive in sense and 7% depicted negative sentiment while remaining were neutral. Such inferences are novel in nature and an innovative addition to web informatics and could support the stakeholders towards web technology integration

Open access
2 source records
cs.CY
cs.HC
Digital Marketing and Social Media
Original source
Sep 6, 2022·arXiv (Cornell University)
27 cites
Web3 Challenges and Opportunities for the Market

Dan Sheridan, James S. Harris, Frank Wear, Jerry Cowell · 6 authors

The inability of a computer to think has been a limiter in its usefulness and a point of reassurance for humanity since the first computers were created. The semantic web is the first step toward removing that barrier, enabling computers to operate based on conceptual understanding, and AI and ML are the second. Both semantic knowledge and the ability to learn are fundamental to web3, as are blockchain, decentralization, transactional transparency, and ownership. Web3 is the next generational step in the information age, where the web evolves into a more digestible medium for users and machines to browse knowledge. The slow introduction of Web3 across the global software ecosystem will impact the people who enable the current iteration. This evolution of the internet space will expand the way knowledge is shared, consumed, and owned, which will lessen the requirement for a global standard and allow data to interact efficiently, no matter the construction of the knowledge. The heart of this paper understands the: 1) Enablement of Web3 across the digital ecosystem. 2) What a Web3 developer will look like. 3) How this alteration will evolve the market around software and knowledge in general.

Open access
2 source records
Big Data and Business Intelligence
cs.CY
cs.MM
Original source
Aug 26, 2022·Strategic Management Journal
106 cites
The future of the web? The coordination and early‐stage growth of decentralized platforms

Ying‐Ying Hsieh, Jean‐Philippe Vergne

Abstract Research Summary This abductive study investigates how management occurs without managerial authority as part of a previously unseen organizational form—the decentralized platform with an independent market value. Our mixed‐methods study of the cryptocurrency industry draws on fuzzy‐set qualitative comparative analyses (QCA) to analyze archival and interview data and offer new theory on how decentralized platforms coordinate activities to grow in an early‐stage, before network effects kick in. We find that, in the absence of a central authority, platforms coordinate activities with three mechanisms, namely decentralized (a) algorithmic coordination, (b) social coordination, and (c) goal coordination. Our QCA treat these mechanisms as explanatory conditions and, using a representative sample of 20 cryptocurrency platforms, reveal which configurations of decentralized coordination mechanisms nurture, or hinder, early‐stage platform growth. Managerial Summary Firms operate around a managerial hierarchy that distributes tasks, resources, information, and rewards to organizational members who pursue common goals as contract‐bound employees. From 2009, a new organizational form, called the “decentralized platform,” emerged and diffused without relying on hierarchy nor managerial authority—and without having to employ anyone. The most prominent decentralized platform, Bitcoin, has millions of users, thousands of contributors, and a market valuation never achieved before by an organization without a CEO nor shareholders. This study explicates how this unprecedented level of organizational decentralization functions in practice. We foreshadow implications for the digital economy, wherein “Web3” innovations, such as non‐fungible tokens and DAOs, have already shifted the orchestrating role played by platforms in capitalist societies.

Open access
Digital Platforms and Economics
Blockchain Technology Applications and Security
Innovation and Knowledge Management
Original source
Aug 26, 2022
2 cites
Reputation-Based Data Carrying for Web3 Networks

Quinten Stokkink, Can Umut Ileri, Johan Pouwelse

Web3 networks are emerging to replace centrally-governed networking infrastructure. The integrity of the shared public infrastructure of Web3 networks is guaranteed through data sharing between nodes. However, due to the unstructured and highly partitioned nature of Web3 networks, data sharing between nodes in different partitions is a challenging task. In this paper we present the TSRP mechanism, which approaches the data sharing problem through nodes auditing each other to enforce carrying of data between partitions. Reputation is used as an analogue for the likelihood of nodes interacting with nodes from other partitions in the future. The number of copies of data shared with other nodes is inversely related to the nodes’ reputation. We use a real-world trace of Twitter to show how our implementation can converge to an equal number of copies as structured approaches.

Open access
Peer-to-Peer Network Technologies
Caching and Content Delivery
Internet Traffic Analysis and Secure E-voting
Original source
Aug 24, 2022·arXiv (Cornell University)
4 cites
A Plural Decentralized Identity Frontier: Abstraction v. Composability Tradeoffs in Web3

Shrey Jain, Leon Erichsen, Glen Weyl

In this article, we explore the tension between abstraction and composability in web3 today, specifically within identity solutions, and argue that the current standard DID v1.0 is sufficiently under specified, allowing for many methods and instantiations, including blockchain based certificates. We view experiments today in web3 identity as additive and complementary, and argue that often cited differences are of degree and more in form, less in substance. By way of illustration, we compare decentralized naming services and blockchain based identity certificates such as soulbound tokens (SBTs) to decentralized identifiers (DIDs) and verifiable credentials (VCs). Both paradigms, to the extent they can be meaningfully differentiated, share similar potential as well as challenges. Specifically, we refer to fears about non consensual verification (scarlet letters) and show DID method iterations are not immune by issuing an innocuous public scarlet letter to a DIDs associated public address for anyone to see. Moreover, we argue that because SBTs are unspecified, one could characterize SBTs as an iteration, or extension, of VCs that additionally aspire to achieve composability with web3 smart contracts for correct execution of code, privacy, coercion resistance, and censorship resistance. We offer research paths for how VCs can also achieve these properties. We do not comment on cost, scalability, transferability, or common knowledge as they have been previously reviewed.

Open access
2 source records
Blockchain Technology Applications and Security
Privacy, Security, and Data Protection
Cryptography and Data Security
Original source
Aug 22, 2022
4 cites
Generic-NFT: A Generic Non-Fungible Token Architecture for Flexible Value Transfer in Web3

Lingxiao Yang, Xuewen Dong, Yushu Zhang, Qiang Qu · 6 authors

&lt;p&gt;Non-Fungible Tokens (NFTs) do hold the promise of providing Web3 with the opportunity for self-sovereignty of users' physical assets. However, existing NFT marketplaces lack a generic design that allows the value of assets to flow efficiently. In this paper, we propose a generic NFT architecture for Web3. The architecture supports the rapid development of the upper application environment and automated value mapping of the underlying physical asset environment. To connect these two environments, a generic connecter has been designed to provide flexible storage for mapping data management, and to support universal cross-chain transactions. With these features, the values of heterogeneous physical assets can coexist in a unified Web3 world, and rich value transfer services can be developed on demand. This paper discusses the background of the proposed architecture, the open problems and our initial solution, as well as our design principles and advantages, and finally validates this novel NFT architecture.&lt;/p&gt;

Open access
4 source records
Peer-to-Peer Network Technologies
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Original source
Aug 19, 2022·SSRN Electronic Journal
3 cites
These Are Not the Apes You Are Looking For

Andrés Guadamuz

Considering copyright licensing issues involving non-fungible tokens to manage creative works.

Open access
2 source records
Copyright and Intellectual Property
Digital Rights Management and Security
Web and Library Services
Original source
Aug 19, 2022·Zenodo (CERN European Organization for Nuclear Research)
0 cites
11 Ways to Completely Revamp Your Web3 Gamerz

insammjaru

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Open access
Hermeneutics and Narrative Identity
Aging, Elder Care, and Social Issues
Health, Medicine and Society
Original source
Aug 9, 2022
2 cites
Decentralized Identity Management: Prerequisiteof Web3 Identity Model

Pinky Bai, Charupriya Bisht

Web3 is the evolution of internet requisites decentralized identity management known as a new paradigm in the identity management system. Web3 conceptualizes decentralization and based upon that needs an identity model that fulfills the requirement of any business/technology model in the new trusted third-party free era. This article presents Web3, Web3 architecture, and technologies expansion for secure and scalable services. Further, the decentralized identity management model is presented with its components (DID), reusable verifiable credentials (VC), issuer, verifier, and user centricity in perspective with the Web3 identity model.

Open access
Access Control and Trust
Original source
Aug 5, 2022·Law and Critique
5 cites
Is This the Rhizome? Thinking Together with Fleur Johns

Dimitri Van Den Meerssche, Geoff Gordon

On the heavily polluted soil of De Ceuvel-a former shipyard in Amsterdam turned into an eco-tech playground-the Sovereign Nature Initiative (SNI) recently convened its first Experimental Zone: a 'celebration of ecology, art, theory and emerging technologies' (Sovereign Nature Initiative 2022a).Bringing together crypto-poets, ecophilosophers, blockchain developers and tech start-up investors, the gathering sought to spark 'radical approaches toward sustainability'.How could the non-human speak for and sustain itself when seen, sensed, mediated and multiplied through new technological tools or interventions?Which worlds can be crafted where 'trees, hyenas, snails, rivers, elk and algae preserve their own value' and 'humans 
 have a stake in their thriving' (Sovereign Nature Initiative 2022b)?How can one govern with and through the sky and subterranean?Situated at the 'intersection of ecology, economy and emerging web3 technologies', SNI nurtures 'radical approaches' that aspire to 'reconfigur[e] nature's value' and to enact a 'non-exploitative, non-consumerist' relation between 'nature, humans and technology'.De Ceuvel in Amsterdam Noord proved a perfect place for this experimental exploration.Built on the site's toxic soil, creative workspaces nested in old houseboats are tied together with natural surroundings through a winding wooden jetty.Phytoremediation plants labor (and die) to clean the polluted earth-a process that is measured, mapped and materialized into a vibrant, hybrid and digitally mediated ecology.De Ceuvel describes itself as 'never finished'-in a 'perpetual state of development' (De Ceuvel 2022).It does not only strive for specific sustainability solutions but also for a 'cultural transition', claiming that 'people have to learn new modes of thought and how to apply new techniques and technologies'.Operating on this 'cleantech playground' of De Ceuvel, Metabolic-a technology development and consultancy organisation-developed a 'sensor network' to provide

Open access
Philosophy, Ethics, and Existentialism
Posthumanist Ethics and Activism
Original source
Jul 31, 2022·Jurnal Sistem dan Teknologi Informasi (JustIN)
2 cites
Sistem Pencatatan Transaksi Distribusi Cabai Menggunakan Extreme Programming dan Teknologi Blockchain

Meuthia Rachmaniah, Putri Ardi, Mokhamad Inggit Prakasa

Teknologi blockchain telah digunakan secara luas dan menarik perhatian para peneliti termasuk peneliti tanaman hortikutur. Cabai merupakan salah satu tanaman hortikultura yang banyak dibudidayakan di Indonesia dan merupakan salah satu komoditas yang memiliki harga yang sangat fluktuatif. Fluktuasi harga cabai menuntut adanya transparansi harga cabai di setiap rantai distribusi cabai. Studi ini bertujuan untuk mengembangkan sistem pencatatan transaksi distribusi cabai dalam upaya mencatat semua transaksi produksi dan harga cabai di setiap rantai distribusi cabai. Sistem ini berbasis web dan dikembangkan dengan menggunakan teknologi blockchain untuk menyimpan setiap transaksi distribusi cabai. Pengembangan sistem menggunakan metode extreme programming yang dilakukan dalam dua iterasi. Pada studi ini, smart contract Ethereum menggunakan kerangka kerja Truffle untuk sistem back end dan web3js untuk antarmuka sistem. Sistem pencatatan transaksi distribusi cabai telah berhasil dikembangkan dan memungkinkan pengguna untuk melihat harga dan pasokan cabai secara transparan di setiap rantai distribusi cabai. Uji keberterimaan dan fungsionalitas sistem telah sukses dilakukan untuk para aktor distribusi cabai, yaitu admin, produsen, pedagang pengepul, grosir, pedagang pengecer, serta konsumen. Smart contract yang dihasilkan dirilis pada jaringan uji Ethereum serta jaringan uji Rinkeby sebagai pengganti jaringan utama Ethereum. Sistem pencatatan cabai masih dapat dikembangkan lebih lanjut untuk melengkapi berbagai fitur yang telah dibuat. Rekomendasi untuk studi lebih lanjut dapat dilakukan untuk pengembangan fitur tambahan seperti foto produksi cabai dan foto profil aktor distribusi cabai serta user experience para aktor rantai distribusi cabai.

Open access
Agricultural and Environmental Management
Blockchain Technology in Education and Learning
Agricultural Research and Practices
Original source
Jul 28, 2022·International Journal of Research in Marketing
161 cites
How can non-fungible tokens bring value to brands

Anatoli Colicev

Non-fungible tokens (NFTs) have registered tremendous growth in the past year, and their importance is expected to increase with the expected development of Web3. From a brand perspective, NFTs can be seen as representations of the brand components, such as the product, the logo, or the image. I argue that NFTs have immense potential to become standalone brand assets. I illustrate how this can be achieved by relating the brand's NFT strategies to the marketing funnel stages. Brands can turn into an NFT their physical products such as shoes, shirts, or art to attract brand awareness, generate cross-selling opportunities, and spark stronger perceived ownership of certain brand elements. Importantly, NFTs can allow brands to form a highly engaging brand community that can support the brand, blend online and offline product ownership, and potentially create a bond between the brand and consumers. These exciting possibilities generate a rich research agenda I present in this paper.

Open access
Consumer Behavior in Brand Consumption and Identification
Digital Marketing and Social Media
Consumer Retail Behavior Studies
Original source
Jul 13, 2022·arXiv (Cornell University)
3 cites
Smart Red Belly Blockchain: Enhanced Transaction Management for Decentralized Applications

Deepal Tennakoon, Vincent Gramoli

Decentralized Applications (DApps) have seen widespread use in the recent past driving the world towards a new decentralized version of the web known as Web3.0. DApp-supported blockchains like Ethereum have largely been responsible for this drive supporting the largest eco-system of DApps. Although the low performance provided by Ethereum has been a major impediment to realizing a decentralized web, several high-performance blockchains have been introduced recently to bridge this gap. Most of these blockchains rely on consensus optimizations. Only a few enhance other parts of the blockchain protocol that involves transaction management: the validation of transactions, broadcast of transactions, encapsulation and dissemination of blocks with transactions, re-validation and execution of transactions in blocks, storage of blocks, and confirmation of transaction commits to senders upon request. In this paper, we enhance transaction management by introducing a novel transaction validation reduction and a per sub-block processing to optimize the block storage. We empirically show the performance improvements gained by our enhanced transaction management in the Smart Red Belly Blockchain (SRBB) VM we develop. Finally, we integrate our SRBB VM to an already optimized consensus from a known blockchain to develop the Smart Red Belly Blockchain. Our results show that SRBB achieves a peak throughput of 4000 TPS and an average throughput of 2000 TPS on 200 nodes spread across 5 continents. SRBB outperforms 6 other blockchains when running the exchange DApp featuring a real workload trace taken from Nasdaq.

Open access
2 source records
cs.DC
Caching and Content Delivery
Peer-to-Peer Network Technologies
Original source
Jul 1, 2022·London Review of International Law
1 cites
International law in the age of digital media: Reflections on history, the neoliberal communication sphere, and race

Barrie Sander

In his new monograph, Informed Publics, Media, and International Law, Daniel Joyce sets out to explore the role of the media both as an object of international legal regulation and as an influence on international law’s development and structure.1 Given the obvious connections between the media and international law, one might have expected the topic to have already garnered extensive interest within the existing literature. Yet, as Joyce observes at the outset, ‘[f]or all its ubiquity and power, the media has to date been the subject of surprisingly limited attention within international legal scholarship’.2 In this context, the publication of Joyce’s text may be viewed as part of a recent wave of literature that signals growing interest in the subject amongst international legal scholars, whether due to rising concerns over the use of international law in public debates,3 or as a result of the exponential growth of new channels of communication, most notably digital media platforms.4 In tackling the multi-dimensional relationship between the media and international law, Joyce’s approach is historical and critical, illustrating both ‘the resilience of existing international law frameworks, but also their significant silences’.5 The historical perspective is particularly valuable in surfacing interesting continuities between present-day controversies and earlier eras. For example, Joyce reveals how contemporary concerns about the relationship between international law, populism, and social media,6 find echoes in a range of formative debates about the relationship between international law, public opinion, and the press in the early twentieth century.7 The drawing of historical parallels is particularly important given the fast pace of developments in the sphere of communication in the digital age. In particular, as the notion of Web 3.0 (or Web3)—the much-hyped third generation of the Internet premised on ‘decentralised’ technologies, touted to follow static webpages (Web 1.0) and social media and user-generated content (Web 2.0)—begins to enter the public consciousness, adopting a historical perspective may help nurture what Elizabeth Renieris recently termed an outlook of ‘informed skepticism’.8 As Renieris explains, similar to its predecessors, ‘Web3 is imagined as being apolitical, open, decentralized and inclusive’, seemingly oblivious to the fact that ‘[t]his ethos—characterised by free speech absolutism and free market ideals—has enabled all manner of online harms, including rampant mis- and disinformation, racism, discrimination, hate speech and harassment, concentrations of power, toxic business models and limited accountability’.9 In this context, Joyce’s text is particularly useful in situating the shifting contemporary communication sphere along a broader historical trajectory, tracing the neoliberalisation of public communication across different time-periods and settings, and shining a spotlight on the role performed by international law in the process. Beyond its critical and historical orientation, at the centre of Joyce’s text is the concept of ‘informed publics’, characterised as ‘a more inclusive and messier picture of the social and connective tissue of international law’ than the notion of ‘international community’.10 If claims made in the name of the latter are often merely ‘attempts to translate the particular into a language of self-serving universalism’,11 Joyce advances the notion of ‘informed publics’ as ‘a model of international civil society which allows for greater variety of forms of association’, both by ‘contest[ing] the state-centrism of international law and better reflect[ing] a system which involves not a single participatory democracy but a range of regional, domestic and local polities’.12 For Joyce, ‘international law depends on informed global publics to function and to address the complex global problems which we face’.13 In this way, the concept of ‘informed publics’ emerges as a ‘normative goal’ for international law, one which ‘remains critical to any future conception and realisation of a multilateral system of global governance’.14 It is the concept of ‘informed publics’ that draws into view the dual inquiry at the centre of Joyce’s research:15 first, the role of international law in regulating the media, including new forms of digital media; and second, the reliance of international law on the media in communicating its objectives and norms as well as in its functioning as a system. In reflecting on Joyce’s work, this review follows the book’s structure, with a particular focus on the text’s discussion of the relationship between digital media and international law. In the first half of the book, Joyce examines a range of international law frameworks applicable to the media which adhere to different regulatory models—each recognising and foregrounding certain values and interests to the marginalisation and exclusion of others. In Chapter 2, Joyce examines the regulatory vision of free publics, encompassing the ways in which human rights law (particularly freedom of expression) has sought to protect media freedom from State intervention, as well as how international trade law has sought to ensure free markets for the global media economy.16 Both areas of law emphasise media freedom—with human rights law focused on protecting the media’s societal watchdog function, and trade law focused on deregulation and market access.17 Yet, as Joyce explains, this emphasis comes at the expense of addressing ‘the power of the media itself and its own connections with violence and the abuse of rights’.18 In Chapter 3, Joyce turns to the regulatory model of endangered publics, encompassing the ways in which human rights law (concerning incitement, hate speech, and propaganda), international criminal law (concerning atrocity speech), and international humanitarian law (concerning media activities in armed conflict) address the connections between the media and violence.19 While these areas of law counter the reductively positive image of the media that underpins the regulatory vision of free publics, Joyce observes that they nonetheless ‘configure the dangers of media power as being exceptional rather than structural’ and thereby contribute to ‘a failure to connect media violence with its economic and political power’.20 Finally, in Chapter 4, Joyce discusses the regulatory model of digital publics, encompassing forms of Internet, data, and platform governance, which are characterised by ‘an absence of international law’ and an investment of faith in the promise of ‘self-regulation, market-driven innovation and techno-libertarianism’.21 Joyce suggests that while international law and the media are often depicted as being ‘existentially threatened by technological disruption’, at least part of this ‘crisis’ concerns ‘the ongoing failure of international legal frameworks to address the rise of information capitalism in the form of digital media monopoly’.22 Across these chapters, Joyce offers a compelling analysis of the international regulatory landscape applicable to the media, traversing a diversity of contexts to critically surface both the blind spots and biases identifiable within a range of fields of international law. In an era of specialisation, where scholarship is becoming increasingly siloed, Joyce’s ability to bring diverse fields of international law into conversation with one another is particularly valuable. At the same time, by adopting such a broad perspective some level of detail and nuance is inevitably sacrificed. In exploring the relationship between international law and new forms of digital media in particular, Joyce’s text unveils many of the challenges that have arisen in attempting to reign in the power of today’s leading digital media companies. However, to some extent, I would argue, Joyce understates the significance of both the state and the law in both enabling the neoliberalisation of the contemporary digital communication sphere and in continuing to legitimate various repressive practices undertaken within it. Whilst acknowledging that the Internet ‘evolved in collaborations between governments, the military and academic institutions’,23 the role of both the state and legal frameworks in the Internet’s historical trajectory remains somewhat marginalised in Joyce’s account. The influence of the state on the shape of the contemporary online environment is well documented. Monika Zalnieriute, for example, discusses the dominance of the ‘US Information-Industrial-Complex’, which ‘catalysed the rapid growth of information and communication technologies within the global economy, while firmly embedding US strategic interests and companies at the heart of the current neoliberal regime’.24 Support from the US government took at least two forms. First, the US government provided significant amounts of funding and awarded a range of procurement contracts to US technology companies—a fact that not only undercuts the neoliberal myth that private wealth accumulates because free markets are kept distinct from public expenditure, but also provides important context for the Edward Snowden disclosures which revealed close ties between the US National Security Agency and a number of US technology giants.25 Second, the US government also supported its largest US technology companies by promoting an ‘Internet Freedom’ agenda abroad, premised on ‘globally “normalised” strong legal protections for intellectual property rights, advertising-based consumerism and the commodification of information and personal data’.26 And it is here that both domestic and international law become part of the story of the neoliberalisation of the contemporary online environment. As the works of Julie Cohen and Amy Kapczynski, amongst others, have demonstrated, ‘rising platform power, monopoly power, and the power that technology can give capital over workers and governments over the governed 
 are mediated at every moment by law’.27 At the domestic level, fields such as contract, trade-secrecy, intermediary immunities, privacy, and the First Amendment helped anchor the rising power of online platforms, while at the international level, trade agreements have prohibited the restriction of cross-border online information flows and forbidden data localization rules.28 As Kapczynski argues, ‘a wave has rippled through our law 
 [which], intertwined with the architecture of digital networks, has enabled the creation of the vast new firms that wield new forms of surveillance and algorithmic power, 
 [and] delivered us a form of neoliberal capitalism that is inclined toward monopoly, concentrated power, and inequality’.29 By placing emphasis on the absence of international law in the digital domain,30 Joyce’s account understates some of the ways in which both domestic and international law have helped shape the neoliberal communication sphere that characterises the contemporary online environment. Beyond shaping today’s online environment, international law also performs a role in legitimating certain repressive practices within it. Joyce’s account is alive to law’s legitimation function, particularly in the context of discussing the co-option of the vocabulary of human rights law by social media companies ‘not as binding legal norms, but as available ingredients to enable corporate self-regulation and marketing’, as well as ‘to minimise the damage to their reputations’.31 Yet, the legitimation function of international law extends beyond this corporate context. Consider, for example, the recent majority judgment of the Grand Chamber of the European Court of Human Rights in the bulk surveillance case of Big Brother Watch and Others v UK.32 The judgment endorsed the legality of bulk surveillance operations as in principle ‘valuable’ and of ‘vital importance’ for states seeking to identify threats to their national security,33 provided such programmes contain sufficient ‘guarantees against abuse’ and are subject to a set of ‘end-to-end safeguards’.34 By adopting this approach, the majority judgment adhered to a form of ‘procedural fetishism’,35 which has been characterised as nothing less than ‘a grand, definitive normalization of mass surveillance[,] by a virtually unanimous Grand Chamber[,] for decades to come’.36 In his concluding remarks, Joyce suggests that ‘it is important to reconsider the value and resilience of existing international media law frameworks including, most significantly, the human rights model, but also to be realistic about the failures and problems associated with that system’.37 Yet, while Joyce acknowledges the limits of the vocabulary of human rights law in general terms—including how the human rights system ‘struggles with controlling private power, individuates and simplifies collective and highly complex issues, and often underplays their structural dimension’38—a more detailed exploration of the ways in which human rights law has legitimated and struggled to reign in particular forms of private and state power in the digital domain would have helped prepare the ground for assessing the extent to which it is equipped to address the accountability deficits associated with the contemporary online environment.39 In the second half of the book, Joyce turns to examine how the media is coming to shape various dimensions of international law. In Chapter 5, Joyce explores publicity as a technique utilised by international courts and actors to claim legitimacy and signal their authority. Joyce focuses in particular on the fields of international criminal law and human rights law, observing how ‘mediatized trials have public relations benefits, but also present the now familiar dangers of media spectacle’, whilst ‘human rights witnessing promises connection but can also deliver commodification and simplification’.40 Reflecting on these tensions, Joyce concludes that while adopting media forms and engaging in public relations may be understood as ‘the international legal system 
 responding to demands for greater transparency, accountability and participation’, ultimately ‘publicity cannot act as a substitute for informed publics who are so often kept at a distance from the levers of institutional power and influence’.41 In Chapter 6, Joyce considers the broader critique of the communicative capitalism that underpins international law’s reliance on the media and its increasingly digitalised form. To this end, Joyce examines ‘not only the media’s role in bringing issues to public consciousness, but also its implication in the preservation of silences and the maintenance of obsessions and anxieties’,42 and reveals the ways in which the growing reliance of international actors on digital media platforms ‘further entangles the field with neoliberal ideologies embedded within the infrastructure of Silicon Valley’.43 The result, Joyce concludes, is that ‘publicity promises participation, but delivers digital media monopoly, corporate “values” as structuring norms and increasing private power on the international plane’.44 Joyce’s analysis in these chapters is again impressive, drawing on a diversity of disciplinary perspectives ranging from political theory to communications studies to reveal how the turn by international actors to mediated techniques of publicity has produced ‘effects of both visibility (for one or a group of victims or a theme) and invisibility (for other forgotten victims, contextual analysis and different or competing claims and causes)’,45 whilst masking and facilitating ‘the broader privatisation of the public sphere’.46 Where the text might have delved deeper, however, is in surfacing the ways in which the contemporary online environment enables the reproduction of inequalities, for example along gender and racial lines. In discussing mass atrocities in Myanmar, for example, Joyce points to the failure of Facebook to prevent its platform being used as a tool to incite violence against the Rohingya community.47 However, what is omitted from Joyce’s account is any exploration of the reasons behind Facebook’s passivity in this context.48 Reflecting on the contrast between Facebook’s de-platforming of Donald Trump following the US Capitol riots and its general passivity in Myanmar, Rebecca Hamilton has reflected upon ‘the role that economic and political power—coupled with cultural affinity, and distributed unevenly across and within States—plays in the decisions of major [social media companies] about what content stays on their platforms’.49 According to Hamilton, global inequities behind how content is moderated on digital platforms are partially a reflection of capitalism, calculated in the advertiser revenue that a platform derives from an American user compared to a user in Myanmar, and partially a reflection of unevenly distributed political power, with ‘years of local activism, coupled with international reporting and a United Nations Commission of Inquiry [being required] to finally get Facebook to take the kind of de-platforming action [in Myanmar that] it did in the United States’.50 But another part of the story concerns systemic racial bias. As Hamilton notes, major social media companies ‘continue to default to the cultural assumptions and political and economic incentives held by their predominantly white American male founders’.51 This ongoing ‘diversity crisis’ in the digital technology sector is significant since, as UN Special Rapporteur on contemporary forms of racism, E Tendayi Achiume, recently observed, ‘technology 
 that disproportionately excludes women, racial, ethnic and other minorities is likely to reproduce these inequalities when it is deployed’.52 Joyce also critically discusses ‘platform humanitarianism’, encompassing the turn within the human rights movement towards ‘commodified forms of advocacy, fundraising and competition for attention and power between NGOs’, initially drawing on the emergence of global media, but today increasingly reliant on digital media platforms ‘to communicate its messages, seek publicity and engage in digital witnessing in the attempt to capture audiences motivated by humanitarian concerns’.53 One example that Joyce explores in this context is the notorious Kony 2012 campaign, in which an organisation called Invisible Children distributed a video across various digital media platforms calling for the capture and arrest of the leader of the Lord’s Resistance Army, Joseph Kony, by the end of 2012.54 As Joyce notes, the aim of the video was ‘to engage the American people to place on their government to the of military in to the in its to capture In this way, the video sought to a by the International Court into a in to his Joyce the Kony 2012 for the of the political in and to its whilst also to the broader that the focus of such may attention from social in the Yet, as the of has recently a to this story is how the a example of by as ‘the of social and economic value from the racial of another only is the Kony 2012 video with racial but by the US of the may also be within a broader historical in which international law has performed a role in the of value from the in international such as the or and military as For the of this form of global is the of and the of form of between the wealth and the of While Joyce acknowledges the that media may audiences and publics from for the of the racial dimensions of digital are at but not In Informed Publics, Daniel Joyce has made a valuable towards the complex and diverse connections between international law and the the end of the book, Joyce observes its ‘the media is not given the significance or in international legal which it has in other such as international political and social It is that with the publication of Joyce’s book, this to at a when international actors are to on the future regulation and use of digital media platforms, they would well to on the critical and historical in this The is to the and in the of International discussion on Daniel Joyce’s Informed Publics, and International Law, as well as the for their are the

Open access
International Law and Human Rights
International Arbitration and Investment Law
World Trade Organization Law
Original source
Jul 1, 2022·FinTech
82 cites
Some Very Simple Economics of Web3 and the Metaverse

Paul P. Momtaz

The Metaverse refers to a shared vision among technology entrepreneurs of a three-dimensional virtual world, an embodied internet with humans and the physical world in it. As such, the Metaverse is thought to expand the domain of human activity by overcoming spatial, temporal, and resource-related constraints imposed by nature. The technological infrastructure of the Metaverse, i.e., Web3, consists of blockchain technology, smart contracts, and Non-Fungible Tokens (NFTs), which reduce transaction and agency costs, and enable trustless social and economic interactions thanks to decentralized consensus mechanisms. The emerging Metaverse may give rise to new products and services, new job profiles, and new business models. In this brief note, I assess the promises and challenges of the Metaverse, offer a first empirical glimpse at the emerging Metaverse economy, and discuss some simple Metaverse economics that revolve around building and operating the Metaverse.

Open access
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Private Equity and Venture Capital
Original source
Jun 30, 2022·Uluslararası Bankacılık Ekonomi ve Yönetim Araßtırmaları Dergisi
11 cites
METAVERSE BANKACILIĞI YOLUNDA DEĞİƞEN MÜƞTERİ BEKLENTİLERİNE HİTABEN GELİƞEN PAZARLAMA ANLAYIƞLARI ÜZERİNE BİR İNCELEME

Nurten DÖNMEZ

Web3, DLT ve NFT gibi merkezi olmayan teknolojilerin yanı sıra AR/VR gibi deneyimsel teknolojiler hizmetler sektörĂŒne bambaßka bir boyut getirmektedir. Teknolojinin getirdiği yeni yaklaßımlarla bankacılık önce geleneksel bankacılıktan dijital bankacılığa, sonrasında açık ve açık ötesi bankacılığa evrilmißtir. Blokzincir teknolojisiyle merkeziyetsiz finansla tanıßan bankacılık sektörĂŒnĂŒn ßimdilerde ise metaverse bankacılığına evrildiğine tanık olmaktayız. Hızlı teknolojik değißim yeni bir temel olußturduğundan, diğer tĂŒm sektörler gibi finansal hizmetler sektörĂŒ de bu duruma uyum sağlamalı ve fırsatları değerlendirmelidir. MĂŒĆŸteri beklentileri sĂŒrekli farklılaßtığından bankaların mĂŒĆŸterilerinin değißen ihtiyaçlarını keßfetmenin yollarını bularak nasıl karßılayacaklarına dair yöntemleri de gelißtirmeleri gerekmektedir. ÖnĂŒmĂŒzdeki 10 yıllık dönemde 8 trilyon USD’lık kĂŒresel bir pazar olußturacağı öngörĂŒlen metaverse konusu bankacılık sektörĂŒnĂŒ yakından ilgilendirmektedir. Bankalar, teknolojinin yardımıyla gelißen pazarlama anlayıßlarıyla, farklılaßan mĂŒĆŸteri beklentilerine hitap etmeye çalıßmaktadır. Bu çalıßmanın amacı Metaverse yolunda bankacılıktaki pazarlamanın bağlamsal pazarlama ve artırılmıß pazarlama açısından incelenerek ve metaverse bankacılığı alanına ilißkin kavramsal bilgi sunulmasıdır. Aynı zamanda bu çalıßmada, dĂŒnyada son dönemde bankacılık alanında deneyimsel pazarlama ve artırılmıß gerçeklik veya metaverse ile ilgili adımlar atan bankalardan örnekler derlenerek bankaların farklılaßan mĂŒĆŸteri beklentileri ve bu beklentilere yönelik ĂŒrettikleri çözĂŒmler yorumlanmıßtır.

Open access
Virtual Reality Applications and Impacts
Original source
Jun 30, 2022·International Journal of Innovative Research in Computer and Communication Engineering
2 cites
The Metaverse and Web3: A New Era of Decentralized Digital Ecosystems

Mohit Mittal

This intersection of Web3 technology and the metaverse constitutes a major leap into decentralized digital environments. Web3, which is based on blockchain technology, offers a user-centric architecture that allows users to own and control their digital assets, identities, and interactions. Blockchain ensures transparent, immutable records in the metaverse; smart contracts enable secure, trustless transactions to happen automatically. Non-fungible therapy tokens (NFTs) advance ownership online by showing original virtual items. Metaverse is a notion that envisions a communal, virtual shared environment that exists beyond the physical world. This space is shared by all individuals. It is a digital world in which users can interact with computer-generated surroundings, connect with other users, and participate in a variety of activities by utilizing AR, VR, and other immersive technologies. This article investigates how the integration of Web3 technology supports distributed governance, virtual commerce, and interoperable experiences, thereby ushering a new era of immersive, fair digital places. We also look at potential adoption chances as well as challenges.

Open access
2 source records
Big Data and Business Intelligence
Open Source Software Innovations
FinTech, Crowdfunding, Digital Finance
Original source
Jun 20, 2022
8 cites
New Ways of Data Governance for Construction? Decentralized Data Marketplaces as Web3 Concept just around the Corner

David F. Bucher, Daniel Hall

In the upcoming era of distributed technological integration known as Web3, the built environment will need to adapt. Solving the most significant social, environmental and economic challenges will likely require new approaches to data sharing and efficient data management. This will need to occur within organizations, across software tools, and between partners. However, today’s approach of data fragmentation and a scattered system of data islands prevent efficient data usage in the construction industry.The question that now arises is whether the decentralized marketplace approach has the potential to make construction data sets more uniform, efficient,and usable for all stakeholders through distributed technological integration.Therefore, this paper’s contribution isto provide a conceptual starting point and possible research stream approach towards thisquestion. Doing so by outlining current data management challenges and discussing themin comparison with already existing web3 approaches in research and industry.

Open access
3D Modeling in Geospatial Applications
Original source
Jun 17, 2022·arXiv (Cornell University)
47 cites
Exploring Web3 From the View of Blockchain

Qin Wang, Rujia Li, Qi Wang, Shiping Chen · 6 authors

Web3 is the most hyped concept from 2020 to date, greatly motivating the prosperity of the Internet of Value and Metaverse. However, no solid evidence stipulates the exact definition, criterion, or standard in the sense of such a buzzword. To fill the gap, we aim to clarify the term in this work. We narrow down the connotation of Web3 by separating it from high-level controversy argues and, instead, focusing on its protocol, architecture, and evaluation from the perspective of blockchain fields. Specifically, we have identified all potential architectural design types and evaluated each of them by employing the scenario-based architecture evaluation method. The evaluation shows that existing applications are neither secure nor adoptable as claimed. Meanwhile, we also discuss opportunities and challenges surrounding the Web3 space and answer several prevailing questions from communities. A primary result is that Web3 still relies on traditional internet infrastructure, not as independent as advocated. This report, as of June 2022, provides the first strict research on Web3 in the view of blockchain. We hope that this work would provide a guide for the development of future Web3 services.

Open access
2 source records
Caching and Content Delivery
Peer-to-Peer Network Technologies
IoT and Edge/Fog Computing
Original source