Search Results (114)

There is diminished transparency, fragmented information exchange, and lack of trust among geographically dispersed stakeholders, which increasingly challenge global supply chains. The classic centralized systems of supply chain management are not always capable of being able to offer real-time traceability and data integrity which is dependable and effective in contract enforcement. The proposed study is a blockchain-based smart contract design that is focused on ensuring increased transparency, traceability and trust in global supply chain management. The suggested framework will combine automated smart contracts, cryptographic provenance tracking, permissioned blockchain consensus, and a decentralized trust score evaluation mechanism to overcome some of the major operation and governance challenges. A simulated assessment with a multi-tier global supply chain setting of 15 blockchain nodes and 12,000 transactions was performed through experimentation. The findings show that the proposed system attained an average transaction delay of 210 ms, which is very low compared to centralized systems (520 ms), with throughput being raised to 120 transactions per minute. End-to-end traceability performance also improved significantly, with a reduction in trace-back time to 8 s compared with 95s this represents a 100% tampering detection rate. The consensus mechanism ensured that the ledger integrity failed only at a rate of less than 1.1%, even when more than 30% of nodes were faulty. Risk-wise, the trust evaluation algorithm dynamically enhanced reliable supplier scores up to 12%, which facilitated the selection of reliable partners. On the whole, the results prove that smart contracts based on blockchains can drastically enhance the efficiency of operations, data integrity, and confidence in global supply chains, with the platform capable of providing a resilient and scalable backbone for the future supply chain management model. Full article

To address the lag and limited sensitivity of conventional shipping freight indicators, this study develops a news-based sentiment measure for the shipping market and examines its association with BDI dynamics. Using shipping-related news headlines from 2019 to 2025, a RoBERTa classifier fine-tuned on manually annotated data is used to quantify headline sentiment, and a daily Cumulative Sentiment Index (CSI) is constructed using an event-smoothing window with exponential decay. A higher CSI indicates more positive market sentiment, while a lower CSI reflects more negative sentiment. Empirical evidence shows that CSI exhibits pronounced responses around major market events and is closely linked to BDI behavior in event windows. In addition, an EGARCH specification augmented with CSI indicates that sentiment is significantly associated with conditional volatility, suggesting that news-based sentiment contains incremental information relevant to BDI risk dynamics. Overall, the proposed CSI provides a quantitative approach to tracking shipping market sentiment using publicly available news headlines and offers a complementary perspective to transaction-based freight indices. Full article

This study examines whether targets’ environmental, social, and governance (ESG) performance is associated with acquirers’ post-merger ESG outcomes and market valuation over the merger year and the subsequent two years. We treat controversies-adjusted ESG scores (ESGC) as outcome-based indicators. Using a global panel of 4572 acquirer-year observations from 47 countries between 2002 and 2023, we analyze the association between targets’ ESGC and acquirers’ post-merger ESG trajectories and market value. Tobit estimations trace combined and pillar-level ESG dynamics over the merger year and the first two post-merger years. The results indicate that target ESG performance is associated with persistent improvements in acquirer sustainability, with the strongest effects in social and environmental dimensions and more gradual adjustments in governance, reflecting institutional and organizational integration complexity. Heterogeneity analyses reveal that cross-border within-industry acquisitions generate the largest ESG gains, whereas domestic within-industry transactions are associated with ESG deterioration. Regarding market valuation, acquirers’ own ESG performance is reflected in Tobin’s Q, while target ESG becomes value-relevant with a one-year lag, highlighting a two-stage valuation mechanism linked to post-merger absorption and institutionalization. Adopting a multi-period perspective, the study shows that ESGC track post-merger sustainability outcomes in ways consistent with learning, institutionalization, and legitimacy-based interpretations. Full article

Renewable Energy Certificates (RECs) have emerged as critical market-based policy instruments to promote renewable energy development worldwide. This comprehensive review examines the theoretical foundations, market mechanisms, policy effectiveness, and challenges of global REC systems based on extensive international experiences spanning over two decades. RECs function by separating the environmental attributes of renewable electricity from its physical energy, creating flexible trading mechanisms that effectively channel private investment toward renewable energy projects while providing compliance tools for renewable portfolio standards. Our analysis reveals significant variations in design and implementation across major markets, including the United States, European Union, China, India, Australia, and emerging economies. Despite their widespread adoption with over 50 countries implementing various forms of REC mechanisms, these markets face persistent challenges including price volatility, limited liquidity, regulatory inconsistencies, and ongoing debates about their environmental additionality. Recent technological developments, particularly blockchain-enabled tracking systems and digital platforms, are reshaping REC markets by enhancing transparency, reducing transaction costs, and enabling smaller-scale participation. This review proposes corresponding recommendations from the dimensions of optimizing market design, promoting digital transformation and product diversification, and establishing international coordination mechanisms. Full article

The rapid growth of mobile payment systems has positioned Near Field Communication (NFC) as a core enabling technology. However, conventional NFC protocols primarily emphasize transmission efficiency rather than robust authentication and privacy protection, which exposes users to threats such as eavesdropping, replay, and tracking attacks. In this study, a lightweight and privacy-preserving authentication protocol is proposed for NFC-based mobile payment services. The protocol integrates anonymous authentication, replay resistance, and tracking protection while maintaining low computational overhead suitable for resource-constrained devices. A secure offline session key generation mechanism is incorporated to enhance transaction reliability without increasing system complexity. Formal security verification using the Scyther tool (version 1.1.3) confirms resistance against major attack vectors, including impersonation, man-in-the-middle, and replay attacks. Comparative performance analysis further demonstrates that the proposed scheme achieves superior efficiency and stronger security guarantees compared with existing approaches. These results indicate that the protocol provides a practical and scalable solution for secure and privacy-aware NFC mobile payment environments. Full article

As a core support for the integration of new energy and smart grids, Vehicle-to-Grid (V2G) networks face a core contradiction between user privacy protection and transaction security traceability—a dilemma that is further exacerbated by issues such as the quantum computing vulnerability of traditional cryptography, cumbersome key management in stateful ring signatures, and conflicts between revocation mechanisms and privacy protection. To address these problems, this paper proposes a post-quantum revocable linkable ring signature scheme based on SPHINCS+, with the following core innovations: First, the scheme seamlessly integrates the pure hash-based architecture of SPHINCS+ with a stateless design, incorporating WOTS+, FORS, and XMSS technologies, which inherently resists quantum attacks and eliminates the need to track signature states, thus completely resolving the state management dilemma of traditional stateful schemes; second, the scheme introduces an innovative “real signature + pseudo-signature polynomially indistinguishable” mechanism, and by calibrating the authentication path structure and hash distribution of pseudo-signatures (satisfying the Kolmogorov–Smirnov test with $D\le 0.05$), it ensures signer anonymity and mitigates the potential risk of distinguishable pseudo-signatures; third, the scheme designs a KEK (Key Encryption Key)-sharded collaborative revocation mechanism, encrypting and storing the $(I,pk,RID)$ mapping table in fragmented form, with KEK split into $KE{K}_1$ (held by the Trusted Authority, TA) and $KE{K}_2$ (held by the regulatory node), with collaborative decryption by both parties required to locate malicious users, thereby resolving the core conflict of privacy leakage in traditional revocation mechanisms; fourth, the scheme generates forward-secure linkable tags based on one-way private key updates and one-time random factors, ensuring that past transactions cannot be traced even if the current private key is compromised; and fifth, the scheme adopts hash commitments instead of complex cryptographic commitments, simplifying computations while efficiently binding transaction amounts to signers—an approach consistent with the pure hash-based design philosophy of SPHINCS+. Security analysis demonstrates that the scheme satisfies the following six core properties: post-quantum security, unforgeability, anonymity, linkability, unframeability, and forward secrecy, thereby providing technical support for secure and anonymous payments in V2G networks in the quantum era. Full article

We present an adaptive governance engine for blockchain-enabled Vehicular Ad Hoc Networks (VANETs) that regulates the latency–energy–coherence trade-off under rapid topology changes. The core contribution is an Ideal Information Cycle (an operational abstraction of information injection/validation) and a modular VANET Engine implemented as a real-time control loop in NS-3.35. At runtime, the Engine monitors normalized Shannon entropies—informational entropy S over active transactions and spatial entropy $H_{\mathrm{spatial}}$ over occupancy bins (both on $[0,1]$)—and adapts the consensus mode (latency-feasible PoW versus signature/quorum-based modes such as PoS/FBA) together with rigor parameters via calibrated policy maps. Governance is formulated as a constrained operational objective that trades per-block resource expenditure (radio + cryptography) against a Quality-of-Information (QoI) proxy derived from delay/error tiers, while maintaining timeliness and ledger-coherence pressure. Cryptographic cost is traced through counted operations, $E_{\mathrm{crypto}}=e_h{n}_{\mathrm{hash}}+e_{\mathrm{sig}}{n}_{\mathrm{sig}}$, and coherence is tracked using the LCP-normalized definition $D_{\mathrm{ledger}}\left(t\right)$ computed from the longest common prefix (LCP) length across nodes. We evaluate the framework under urban/highway mobility, scheduled partitions, and bounded adversarial stressors (Sybil identities and Byzantine proposers), using 600 s runs with 30 matched random seeds per configuration and 95% bias-corrected and accelerated (BCa) bootstrap confidence intervals. In high-disorder regimes ($S\gtrsim 0.8$), the Engine reduces total per-block energy (radio + cryptography) by more than 90% relative to a fixed-parameter PoW baseline tuned to the same agreement latency target. A consensus-first triggering policy further lowers agreement latency and improves throughput compared with broadcast-first baselines. In the emphasized urban setting under high mobility ($v=30$ m/s), the Engine keeps agreement/commit latency in the sub-100 ms range while maintaining finality typically within sub-150 ms ranges, bounds orphaning (≤10%), and reduces average ledger divergence below $0.07$ at high spatial disorder. The main evaluation is limited to $N\le 100$ vehicles under full PHY/MAC fidelity. PoW targets are intentionally latency-feasible and are not intended to provide cryptocurrency-grade majority-hash security; operational security assumptions and mode transition safeguards are discussed in the manuscript. Full article

Existing vector geographic data transaction schemes are typically merchant-controlled, hindering fair ownership tracing and impartial arbitration. To address this, we propose an asymmetric digital fingerprinting scheme based on smart contracts. In our approach, the user encrypts a proof fingerprint with a public key and sends it to the merchant; the merchant leverages the additive homomorphic property of the Paillier cryptosystem to embed the encrypted user fingerprint into an encrypted portion of the vector data while embedding a tracking fingerprint into the plaintext portion. The combined data is delivered to the user, who uses their private key to decrypt the encrypted part and obtain the plaintext data containing both fingerprints. This design enables tracing of unauthorized distribution without exposing the user’s fingerprint in plaintext, preventing malicious accusations. By leveraging blockchain immutability and smart contract automation, the scheme supports secure, transparent transactions and decentralized arbitration without third-party involvement, thereby reducing collusion risk and protecting both parties’ rights. Full article

This work focuses on finding frequent patterns in continuous flow network traffic Big Data using incremental frequent pattern mining. A newly created Zeek Conn Log MITRE ATT&CK framework labeled dataset, UWF-ZeekData24, generated using the Cyber Range at The University of West Florida, was used for this study. While FP-Growth is effective for static datasets, its standard implementation does not support incremental mining, which poses challenges for applications involving continuously growing data streams, such as network traffic logs. To overcome this limitation, a staged incremental FP-Growth approach is adopted for this work. The novelty of this work is in showing how incremental FP-Growth can be used efficiently on continuous flow network traffic, or streaming network traffic data, where no rebuild is necessary when new transactions are scanned and integrated. Incremental frequent pattern mining also generates feature subsets that are useful for understanding the nature of the individual attack tactics. Hence, a detailed understanding of the features or feature subsets of the seven different MITRE ATT&CK tactics is also presented. For example, the results indicate that core behavioral rules, such as those involving TCP protocols and service associations, emerge early and remain stable throughout later increments. The incremental FP-Growth framework provides a structured lens through which network behaviors can be observed and compared over time, supporting not only classification but also investigative use cases such as anomaly tracking and technique attribution. And finally, the results of this work, the frequent itemsets, will be useful for intrusion detection machine learning/artificial intelligence algorithms. Full article

This paper presents a ubiquitous, blockchain-based system designed to improve transparency, traceability and trust in supply chains involving autonomous vehicles (AVs). The framework integrates Internet of Things (IoT) sensors, radio-frequency identification (RFID) and QR identifiers, global positioning system (GPS) tracking, and mobile communications with smart contracts implemented on the Ethereum 2.0 blockchain. The main contributions are as follows: (1) an architecture enabling real-time monitoring and automated verification of logistics transactions; (2) a proof of concept integrating blockchain, the IoT and Android-based OBUs; and (3) a quantitative analysis of gas and smart contract execution costs. Experimental tests show gas consumption ranging from 21,000 to 5,000,000 units and transaction costs ranging from 0.0001 to 0.0033 ETH, confirming the system’s technical feasibility and cost-efficiency. As well as cost and efficiency, the process improved transparency, real-time traceability and decentralized verification, confirming the system’s efficacy for supply chains involving autonomous vehicles. Full article

Against the backdrop of rapidly growing distributed photovoltaics (DPVs) and mounting pressure on conventional frequency-regulation (FR) resources, this study proposes a day-ahead–intraday two-stage optimal scheduling strategy for aggregators of DPV + advanced energy storage participating in a joint energy–FR market. In the day-ahead stage (hourly resolution), a multi-aggregator-independent offering model is formulated that explicitly accounts for PV curtailment costs and storage operating/lifecycle costs. Subject to constraints on buy–sell transactions, PV output, storage charging/discharging power and state of charge (SOC), FR capacity, and power balance, the model co-optimizes energy and FR-capacity offers to maximize profit. In the intraday stage (15 min resolution), bidding deviation penalties are introduced, and a rolling optimization is employed to jointly adjust energy and FR dispatch/offers, reconfigure storage SOC in real time, reduce deviations from day-ahead schedules, and enhance economic performance. A three-aggregator case study indicates that, with deviation penalties considered, regulation-command tracking remains at a high level and PV utilization remains very high, while clearing costs decline and system frequency-response capability improves. The results demonstrate the proposed strategy’s implementability, economic efficiency, and scalability, enabling high-quality participation in ancillary services and promoting high-quality renewable integration under high-penetration distributed scenarios. Full article

In-Lieu Fee programs are an important mechanism for compensatory mitigation in the United States and received wide-spread standardization after the regulatory mitigation rule change of 2008. On public lands, they are especially important for pooling funds from numerous small-scale impacts that might otherwise go unmitigated. This study examines the use cases of fee program credits on public lands since 2008. Using data from the Regulatory In-Lieu Fee and Bank Information Tracking System, I analyzed eleven active In-Lieu Fee programs approved post-2008 across 78 service areas, encompassing 1043 credit transactions. Transactions were categorized by credit amount, proportion, target ecosystems, and impact designations. The analysis highlights the influence of residential and commercial development, alongside resource extraction, as major contributors to fee program transactions, underscoring the program’s role in mitigating various development pressures. Residential, commercial, and government projects frequently co-occur within service areas, which can support policy planning to anticipate potential cumulative impacts and expected future impacts and credit demands. Furthermore, my analysis shows that impacts from resource extraction require proportionally larger offsets than those from residential or recreational activities. The findings suggest that programs on public lands can fill a niche distinct from mitigation banks, as they address a multitude of impacts while further allowing for the pooling of resources and funds from small-scale impacts, while the use of advance credits remains contentious for achieving no net loss. Full article

The electronic judicial evidence preservation systems face various challenges including regulatory control, data exchange, poor credibility, etc. To address these issues, a blockchain-based judicial evidence preservation framework, JudicBlock, is proposed in the present study. It combines the scalability of the Interplanetary File System with the transparency and security of public blockchain. By decentralizing data management and using cryptographic integrity, the system ensures reliable chronological tracking of investigative changes. Unlike traditional approaches, JudicBlock incorporates smart contracts and advanced consensus mechanisms to enforce strict access controls with secure collaboration among the stakeholders. The simulation results show that JudicBlock provides better results over traditional ELR (electronic law records) storage schemes in terms of mining cost, query fetching time, block processing IPFS (Interplanetary file systems) throughput, etc. At a USD 6 mining cost, it appends an average of 23,601 transactions. For 25 blocks, the average query fetching time is 0.852 ms with the cache support of 32 KB. The proposed scheme achieves an average ELR uploading latency improvement of 6.79% over traditional schemes. The results indicate the efficacy of the proposed scheme over the conventional schemes. Full article

Rapid depletion of fossil fuel reserves forces the global energy sector to transition to sustainable energy sources. Specifically, distributed energy markets have emerged in the renewable energy sector in recent years, partly because blockchain technology is becoming a successful way to promote secure and transparent transactions. Using its decentralized structure, transparency, and even pseudonymity, blockchain is increasingly adopted worldwide for large-scale energy trading, peer-to-peer exchanges, project financing, supply chain management, and asset tracking. The research comprehensively analyzes blockchain applications across multiple fields related to energy, bibliographically evaluating their transformative potential. In addition, the study explores the architecture of various blockchain systems, assesses critical security and privacy challenges, and discusses how blockchain can enhance operational efficiency, transparency, and reliability in the energy sector. The paper’s findings provide a roadmap for future developments and the strategic adoption of blockchain technologies in the evolving energy landscape for an effective energy transition. Full article

This paper introduces a novel approach to tree modeling architecture integrated with blockchain technology, aimed at enhancing landscape spatial planning and forest monitoring systems. The primary objective is to develop a low-cost, automated tree CAD modeling methodology combined with blockchain functionalities to support smart forest projects and collaborative design processes. The proposed method utilizes a parametric tree CAD model consisting of four 2D tree-frames with a 45° division angle, enriched with recorded tree-leaves’ texture and color. An “AI Text-by-Voice CAD Programming” technique is employed to create tangible tree-model NFT tokens, forming the basis of a thematic “Internet-of-Trees” blockchain. The main results demonstrate the effectiveness of the blockchain/Merkle hash tree in tracking tree geometry growth and texture changes through parametric transactions, enabling decentralized design, data validation, and planning intelligence. Comparative analysis highlights the advantages in cost, time efficiency, and flexibility over traditional 3D modeling techniques, while providing acceptable accuracy for metaverse projects in smart forests and landscape architecture. Core contributions include the integration of AI-based user voice interaction with blockchain and behavioral data for distributed and collaborative tree modeling, the introduction of a scalable and secure “Merkle hash tree” for smart forest monitoring, and the facilitation of fintech adoption in environmental projects. This framework offers significant potential for advancing metaverse-based landscape architecture, smart forest surveillance, sustainable urban planning, and the improvement of citizen involvement in sustainable forestry paving the way for a greener future. Full article