ISSN 2394-5125
 

Research Article 


BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana.

Abstract
With the advancements of digitalization, an organization can only survive by working in
collaboration with other organization by sharing its digital assets. Due to lack of trust among the collaborative
organization, the management of digital assets is challenging in today’s rapidly growing competitive world.
Traditional approaches of digital asset management are based on centralized access control and do not suited
well in collaborative environment. Collaborative environment does not allow any single organization to take full
control over entire digital assets because of different trust level among the organizations. Further, these
approaches suffer from single point of failure that cost very high to the businesses. These problems of
centralized approach are the roots for the need of a decentralized approach for digital assets management. In this
paper, we discussed the need of decentralized access control for digital assets management and reviewed how
Blockchain based business model emerge as a good alternate for digital assets management in a trust less
collaborative environment.

Key words: Blockchain, Digital asset, Collaborative environment, Distributed ledger;


 
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Pubmed Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. JCR. 2020; 7(19): 738-750. doi:10.31838/jcr.07.19.90


Web Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. http://www.jcreview.com/?mno=102878 [Access: September 15, 2020]. doi:10.31838/jcr.07.19.90


AMA (American Medical Association) Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. JCR. 2020; 7(19): 738-750. doi:10.31838/jcr.07.19.90



Vancouver/ICMJE Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. JCR. (2020), [cited September 15, 2020]; 7(19): 738-750. doi:10.31838/jcr.07.19.90



Harvard Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana (2020) BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. JCR, 7 (19), 738-750. doi:10.31838/jcr.07.19.90



Turabian Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. 2020. BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. Journal of Critical Reviews, 7 (19), 738-750. doi:10.31838/jcr.07.19.90



Chicago Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. "BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT." Journal of Critical Reviews 7 (2020), 738-750. doi:10.31838/jcr.07.19.90



MLA (The Modern Language Association) Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana. "BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT." Journal of Critical Reviews 7.19 (2020), 738-750. Print. doi:10.31838/jcr.07.19.90



APA (American Psychological Association) Style

Sumit Kumar Rana, Dr. Sanjeev Kumar Rana (2020) BLOCKCHAIN BASED BUSINESS MODEL FOR DIGITAL ASSETS MANAGEMENT IN TRUST LESS COLLABORATIVE ENVIRONMENT. Journal of Critical Reviews, 7 (19), 738-750. doi:10.31838/jcr.07.19.90