Open AccessBlockchain Technology and the Contemporary Business Models; Connecting Nano Energy Storage Devices with Trade for Investors
Author(s) -
Suleiman Jamal Mohammad,
Muhammad Safdar Sial,
Asma Salman,
Khaoula Omhand,
Phung Anh Thu,
Israa Lewaa
Publication year - 2022
Publication title -
webology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.259
H-Index - 18
ISSN - 1735-188X
DOI - 10.14704/web/v19i1/web19178
Subject(s) - business model , globe , business , blockchain , product (mathematics) , field (mathematics) , set (abstract data type) , business case , industrial organization , commerce , marketing , computer science , process management , computer security , medicine , geometry , mathematics , pure mathematics , ophthalmology , programming language
The rapid rate of growth in nanotechnologies and their application in almost every field of life is not only set to improve the living standards of the general public around the globe but also serves as a great opportunity for business as well. In this regard, a sound business model is required, as the product and services based upon this technology may not conform to traditional business models. In this research, we have reviewed the general business models for Nanotechnology-based products and services. In this respect one of the potential opportunities in the field of Nano energy storage devices and their practical application. We have conceptualized the potential use of “Blockchain” technology in the trading aspect of energy storage contracts and the potential opportunities this presents to the investors as well as the general public who form the wider sphere of stakeholders.