Welcome to Scholar Publishing Group

Kinetic Mechanical Engineering, 2022, 3(4); doi: 10.38007/KME.2022.030403.

Self-employment in the Construction Machinery Industry with Blockchain Technology in Mind

Author(s)

James Yong Liao

Corresponding Author:
James Yong Liao
Affiliation(s)

Philippine Christian University, Philippine

Abstract

Although the product varieties of China's construction machinery industry are diversified, they lack the ability of independent innovation. The data among the blockchain can meet the requirements of investors and creditors and stakeholders for the reliability of financial information. Therefore, this paper takes into account the blockchain technology to explore and study the independent entrepreneurship of construction machinery industry. This paper discusses self-employment in three parts: the basic overview of self-employment in construction machinery, the construction of blockchain system and the analysis of self-employment results. Through the comparative analysis of inventory models, it is found that the information interaction system based on blockchain technology can make collective decisions based on real business information.

Keywords

Blockchain Technology, Construction Machinery, Self-employment, Information Interaction

Cite This Paper

James Yong Liao. Self-employment in the Construction Machinery Industry with Blockchain Technology in Mind. Kinetic Mechanical Engineering (2022), Vol. 3, Issue 4: 20-28. https://doi.org/10.38007/KME.2022.030403.

References

[1] Sadrnia A , Langarudi N R , Sani A P . Sustainable closed-loop supply chain network optimization for construction machinery recovering. Journal of Industrial, Management Optimization, 2021, 17(5):2389-2414. https://doi.org/10.3934/jimo.2020074

[2] Taabat S E , Zay T , Sertba S , et al. Industry 4.0 Application on Diagnosis Prediction of Construction Machinery: A New Model Approach. Civil Engineering and Architecture, 2020, 8(4):404-416. https://doi.org/10.13189/cea.2020.080402

[3] Zulfikri Z . Proposing Blockchain Technology Based Zakat Management Model To Enhance Muzakki's Trust In Zakat Agencies: A Conceptual Study. Journal of Accounting Research Organization and Economics, 2021, 4(2):153-163. https://doi.org/10.24815/jaroe.v4i2.20467

[4] Hemalatha E . Monitoring and Securing the Healthcare Data Harnessing IOT and Blockchain Technology. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 2021, 12(2):2554-2561. https://doi.org/10.17762/turcomat.v12i2.2213

[5] Surjandy, Meyliana, Leslie H , et al. The Recent Trend Of Organization Development Influenced By Blockchain Technology. ICIC Express Letters, 2021, 15(4):389-396.

[6] Bhagi A , Sarkar A , Sethuraman V , et al. Blockchain technology for immunisation data storage in India: opportunities for population health innovation. BMJ Innovations, 2022, 8(1):1-3. https://doi.org/10.1136/bmjinnov-2021-000725

[7] Oyelude A A . Trending issues in advancing blockchain technology in libraries, archives and museums. Library Hi Tech News, 2022, 39(6):6-7. https://doi.org/10.1108/LHTN-06-2021-0040

[8] Kanevche J , Karamachoski J , Puncheva M , et al. Trading Application Based on Blockchain Technology. Tehnički Glasnik, 2021, 15(2):282-286. https://doi.org/10.31803/tg-20210429130302

[9] Sitnik A A . Blockchain Technology in Payment Systems. Actual Problems of Russian Law, 2021, 16(5):42-54. https://doi.org/10.17803/1994-1471.2021.126.5.042-054

[10] Raju V . Economic Dimensions of Blockchain Technology: In the Context of Extention of Cryptocurrencies. International Journal of Psychosocial Rehabilitation, 2020, 24(2):29-39. https://doi.org/10.37200/IJPR/V24I2/PR200307

[11] Hamdan I K A , Aziguli W , Zhang D , et al. A machine learning method to predict the technology adoption of blockchain in Palestinian firms. International Journal of Emerging Markets, 2022, 17(4):1008-1029. https://doi.org/10.1108/IJOEM-05-2021-0769

[12] Purusottama A , Simatupang T M , Sunitiyoso Y . The spectrum of blockchain adoption for developing business model innovation. Business Process Management Journal, 2022, 28(3):834-855. https://doi.org/10.1108/BPMJ-06-2021-0408

[13] Nath S D , Khayer A , Majumder J , et al. Factors affecting blockchain adoption in apparel supply chains: does sustainability-oriented supplier development play a moderating role?. Industrial Management & Data Systems, 2022, 122(5):1183-1214. https://doi.org/10.1108/IMDS-07-2021-0466

[14] Pizzi S , Caputo A , Caputo F , et al. Embedding and managing blockchain in sustainability reporting: a practical framework. Sustainability Accounting, Management and Policy Journal, 2022, 13(3):545-567. https://doi.org/10.1108/SAMPJ-07-2021-0288

[15] Erevelles S , Whelan B , Canter J R , et al. Blockchain and the transformation of customer co-creation. Journal of Indian Business Research, 2022, 14(2):88-107. https://doi.org/10.1108/JIBR-03-2021-0085

[16] Saxena S , Shao D , Nikiforova A , et al. Invoking blockchain technology in e-government services: a cybernetic perspective. Digital Policy, Regulation and Governance, 2022, 24(3):246-258. https://doi.org/10.1108/DPRG-10-2021-0128

[17] Castillo M , Yacoub G . Blockchain in your grocery basket: trust and traceability as a strategy. Journal of Business Strategy, 2022, 43(4):247-256. https://doi.org/10.1108/JBS-02-2021-0032

[18] Mathews N . A capacity conundrum. Low Cost & Regional Airline Business, 2019, 14(1):42-45.