Blockchain Based Open Network in Technology Intermediation

• URL: http://arxiv.org/abs/2309.00032v1
• Date: Thu, 31 Aug 2023 16:51:22 GMT
• Title: Blockchain Based Open Network in Technology Intermediation
• Authors: Yang Yue, Joseph Z. Shyu
• Abstract summary: This study demonstrates the advantage of blockchain to technology intermediaries. Based on the open network innovation theory, this paper proposes a technical intermediary management idea based on blockchain technology.
• Score: 6.285608271780605
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: Blockchain technology is developing using in reliable applications which can be designed to achieve decentralization and trustless. Based on the open network innovation theory, this paper proposes a technical intermediary management idea based on blockchain technology to improve the efficiency of technology intermediaries, providing accurate, reliable information and cutting cost for the market. This study demonstrates the advantage of blockchain to technology intermediaries. First, on a specific level, it can provide openness, transparency, decentralization and anonymity services. Second, the current industrial innovation elements are analyzed. blockchain improve the efficiency of technology intermediary, prevent risks and to make up for the shortcomings of traditional intermediaries. It has revolutionized the traditional technology intermediary. As this happens, it can revolutionize traditional technology intermediaries.

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