Absolute Governance: A Framework for Synchronization and Certification of the Corporate Contractual State

• URL: http://arxiv.org/abs/2501.13974v1
• Date: Wed, 22 Jan 2025 19:37:53 GMT
• Title: Absolute Governance: A Framework for Synchronization and Certification of the Corporate Contractual State
• Authors: Antonio Hoffert,
• Abstract summary: dissertation addresses the challenge of ensuring transactional integrity and reducing costs in corporate governance through blockchain technology. We propose an on-chain methodology for certifying, registering, and querying institutional transactional status. The framework aims to reduce the transaction costs associated with contractual measurement reports and enhance overall transactional integrity.
• Score: 0.0
• License:
• Abstract: This dissertation addresses the challenge of ensuring transactional integrity and reducing costs in corporate governance through blockchain technology. We propose an on-chain methodology for certifying, registering, and querying institutional transactional status. Our decentralized governance approach utilizes consensus mechanisms and smart contracts to automate and enforce business rules. The framework aims to reduce the transaction costs associated with contractual measurement reports and enhance overall transactional integrity. We provide a detailed exploration of how blockchain technology can be effectively harnessed to offer a robust solution to these challenges, setting the stage for our proposed solution and its potential impact on corporate governance. The application of the methodology resulted in as average of 2% overbilling reduction.

Related papers

• Balancing Confidentiality and Transparency for Blockchain-based Process-Aware Information Systems [46.404531555921906]
  We propose an architecture for blockchain-based PAISs aimed at preserving both confidentiality and transparency. Smart contracts enact, enforce and store public interactions, while attribute-based encryption techniques are adopted to specify access grants to confidential information.
  arXiv  Detail & Related papers  (2024-12-07T20:18:36Z)
• Securing Legacy Communication Networks via Authenticated Cyclic Redundancy Integrity Check [98.34702864029796]
  We propose Authenticated Cyclic Redundancy Integrity Check (ACRIC) ACRIC preserves backward compatibility without requiring additional hardware and is protocol agnostic. We show that ACRIC offers robust security with minimal transmission overhead ( 1 ms)
  arXiv  Detail & Related papers  (2024-11-21T18:26:05Z)
• Blockchain-Based Trust and Transparency in Airline Reservation Systems using Microservices Architecture [1.03590082373586]
  The study investigates the major components of blockchain technology such as decentralised databases, permanent records of transactions and transactional clauses executed via codes of programs. The results show a 30% decrease in booking variations together with greater data synchronization as a result of consensus processes and resistant data formations. The architecture of the system has no single point failure with over 98% reliability while measures taken to improve security have led to 85% of the customers expressing trust in the services provided.
  arXiv  Detail & Related papers  (2024-10-18T14:58:22Z)
• SPOQchain: Platform for Secure, Scalable, and Privacy-Preserving Supply Chain Tracing and Counterfeit Protection [46.68279506084277]
  This work proposes SPOQchain, a novel blockchain-based platform that provides comprehensive traceability and originality verification. It provides an analysis of privacy and security aspects, demonstrating the need and qualification of SPOQchain for the future of supply chain tracing.
  arXiv  Detail & Related papers  (2024-08-30T07:15:43Z)
• Generative AI-enabled Blockchain Networks: Fundamentals, Applications, and Case Study [73.87110604150315]
  Generative Artificial Intelligence (GAI) has emerged as a promising solution to address challenges of blockchain technology. In this paper, we first introduce GAI techniques, outline their applications, and discuss existing solutions for integrating GAI into blockchains.
  arXiv  Detail & Related papers  (2024-01-28T10:46:17Z)
• Healthcare Policy Compliance: A Blockchain Smart Contract-Based Approach [0.312488427986006]
  Despite stringent regulations like HIPAA, significant gaps in policy compliance often remain undetected until a data breach occurs. To bridge this gap, we propose a novel blockchain-powered, smart contract-based access control model. Our approach integrates components of informed consent into PPAs, employing blockchain smart contracts to automate and secure policy enforcement.
  arXiv  Detail & Related papers  (2023-12-15T21:25:07Z)
• Aid Nexus : A Blockchain Based Financial Distribution System [0.7366405857677227]
  By leveraging decentralized ledger systems, blockchain offers enhanced security, transparency, and transaction verification without the need for intermediaries. The finance sector is exploring blockchain-based solutions for payments, remittances, lending, and investments. Healthcare adopts the technology for medical record keeping, supply chain tracking, and data management. Other sectors, including real estate, energy, and government, are also investigating blockchain-based solutions.
  arXiv  Detail & Related papers  (2023-11-14T18:35:02Z)
• Identifying contributors to supply chain outcomes in a multi-echelon setting: a decentralised approach [47.00450933765504]
  We propose the use of explainable artificial intelligence for decentralised computing of estimated contributions to a metric of interest. This approach mitigates the need to convince supply chain actors to share data, as all computations occur in a decentralised manner. Results demonstrate the effectiveness of our approach in detecting the source of quality variations compared to a centralised approach.
  arXiv  Detail & Related papers  (2023-07-22T20:03:16Z)
• An Empirical Analysis of Implementing Enterprise Blockchain Protocols in Supply Chain Anti-Counterfeiting and Traceability [0.0]
  A Decentralized Anti-Counterfeiting System (dNAS) was developed to strengthen capability of product anti-counterfeiting and traceability in supply chain industry. An empirical analysis performed against decentralized solutions, including dNAS, summarizes the effectiveness, limitations and future opportunities.
  arXiv  Detail & Related papers  (2021-02-04T13:31:33Z)
• Regulation conform DLT-operable payment adapter based on trustless - justified trust combined generalized state channels [77.34726150561087]
  Economy of Things (EoT) will be based on software agents running on peer-to-peer trustless networks. We give an overview of current solutions that differ in their fundamental values and technological possibilities. We propose to combine the strengths of the crypto based, decentralized trustless elements with established and well regulated means of payment.
  arXiv  Detail & Related papers  (2020-07-03T10:45:55Z)

This list is automatically generated from the titles and abstracts of the papers in this site.

This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.