Blockchain and Language Industry: Technology, Applications, and Future

This report explores the integration of blockchain technology within the language industry, analyzing its current applications and potential future impacts. The introduction defines blockchain and its relevance, followed by an examination of related works, including supply chain management, product quality analysis, and financial applications. The report highlights the use of blockchain in securing transactions, managing digital identities, and enabling digital voting schemes. It also discusses the advantages of blockchain such as traceability, transparency, and the reduction of errors. The conclusion summarizes the potential of blockchain in the language industry and its applications in digital identity verification and digital voting, emphasizing the importance of this technology in securing various processes.

Running head: INNOVATION TECHNOLOGY
Innovation Technology: Blockchain and Language Industry
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Table of Contents
1. Abstract........................................................................................................................................2
2. Introduction of the Blockchain and Language Industry..............................................................2
3. Related works to Blockchain and Language Industry.................................................................4
4. Conclusion and Future Work.......................................................................................................6
References........................................................................................................................................8

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1. Abstract
The blockchain technology is an invention that used primarily for most of the present
economic transactions for programming and recording the economic transactions for recording
the information at the required location. The financial transaction is helpful for carrying out the
economic operations of the organization and the use of blockchain transaction could form the
programming of the functions sufficiently. The following paper is based on the implementation
of the improved technology utilization for encrypting the transactional process of the business
organizations. The report would allow the study of some research papers favourable for forming
an inference on the operational processing of the operations. The slackness in the operation is
based for the consideration of the topic of blockchain technology. The blockchain technology has
been used significantly for the cryptographies of Bitcoins. However, the technology had been
facing the issues of international payment issues and the information leakage. The paper would
highlight some of the issues faced by the business organization due to the growing demands of
technology and the integration of the effective operational deployment. The report is based for
the formation of the functional and operational processing. The use of the successive factors of
the integration would be based on the analysis of the various factors of supportive and effective
evaluation process. The various banking sectors have been using the technology of blockchain
for their safe and sound transactions and processes.
2. Introduction of the Blockchain and Language Industry
The Blockchain is the process by which the transactional information blocks of the
business organization is concatenated by using encryption technology (Coblenz, 2017). The use
of the technology is also used for storing the information provided in the bank’s information

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system profusely. The use of encryption in the distributed system would provide the ease of
preventing the bad elements for infiltrating the system for extracting the information and
modifying it. The blockchain methods are helpful for listing the deployment of the improved
operational development. The integration of the activities is aligned with the formation of the
supportive development factors (Hull, 2017). The analysis would align the functional
deployment of operations. The alignment of the operations is aligned for the deployment of
improved operational development. The allowance of the integrations had provided the
development of the security for the analysis of the integration management. The deployment of
the operations is helpful for forming the security of the information stored in the development of
the improved functional development. The analysis had shown that the improved functional
analysis had been helpful of the system for listing the deployment of the improved functional
alignment (Hull et al., 2016). The blockchain industry is aligned for forming the development of
the cryptography alignment of the integration management of the functions.
The alignment of the cryptography is helpful for the management of the successive
development for the options like Ethereum, Bitcoin, Koilion, and Ripple (Matsuo, 2017). The
smart contracts are helpful for listing the deployment of the improved operations. The funding
mechanism is applied for carrying out the deployment of the activities for the alignment of the
operations. The use of the successive factors of the integration would be based on the analysis of
the various factors of supportive and effective evaluation process (Bartoletti & Pompianu, 2017).
The various banking sectors have been using the technology of blockchain for their safe and
sound transactions and processes. The system alignment is formed for listing the management of
the simulation for the development model. The operations had deployed for the alignment of the
operations and supporting the formation of the system development operations. The use of the

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blockchain is helpful for forming the alignment of the supportive development model. The
blockchain methods are helpful for listing the deployment of the improved operational
development (Rifi et al., 2017). The integration of the activities is aligned with the formation of
the supportive development factors.
3. Related works to Blockchain and Language Industry
Many scholars like Brunnler, Flumini and Studer (2018), have pointed out that the Blockchain
can be helpful for the process of supply chain management. The technology of blockchain can be
used for tracking orders, their sources, quality, and quantity also. The blockchain offers the
traceability and cost efficiency for the supply chain management system. It is very helpful for
bringing transparency in B2B business operations. The operations of transfer and production had
deployed for the alignment of the operations and supporting the formation of the system
development operations. According to the scholars like Qi et al., (2017), the technology of the
blockchain is helpful for analysing the quality of products and goods. The analysis would align
the functional deployment of operations. The alignment of the operations is aligned for the
deployment of improved operational development. The allowance of the integrations had
provided the development of the security for the analysis of the integration management. The
process of evaluation of the quality of the products can be checked with the help of blockchain
technology. The technology is also helpful for leading the product or good to its origin for
ensuring that the operations are successive and helpful for the development of the
implementation of the operations (Tang & Kostic, 2017). The analysis had also provided scope
for the safety of the products and batch processing for the goods.

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However, most of the scholars like Tasca, Thanabalasingham and Tessone, (2017), have
considered the basic function of the blockchain to be limited to the funding application. The
accounting processing is largely revoked by the use of the blockchain mechanism and it ensure
that there is very few or no probability for any error. The blockchain technology ensures that the
operations are aligned successfully. The study had also shown that the record kept through
blockchain minimizes the scope of threat on information and the human errors too. The smart
contracts are helpful for listing the deployment of the improved operations. The funding
mechanism is applied for carrying out the deployment of the activities for the alignment of the
operations. The system alignment is formed for listing the management of the simulation for the
development model.
Hence, from the study of Kosba et al., (2016), it can be said that the innovation of the
blockchain is useful for dissecting the nature of items and products. The innovation of
blockchain can be utilized for following requests, their sources, quality, and amount moreover.
The blockchain offers the traceability and cost productivity for the store network administration
framework. It is extremely useful for getting straightforwardness B2B business activities. The
tasks of exchange and creation had conveyed for the arrangement of the activities and supporting
the arrangement of the framework improvement tasks. The innovation is additionally useful for
driving the item or great to its birthplace for guaranteeing that the activities are progressive and
accommodating for the advancement of the usage of the tasks. Kim, Laskowski and Nan (2018)
have pointed that the examination had likewise given degree to the wellbeing of the items and
bunch preparing for the products. The bookkeeping preparing is generally disavowed by the
utilization of the blockchain system and it guarantee that there is not very many or no likelihood
for any mistake. The blockchain innovation guarantees that the tasks are adjusted effectively.

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The examination had likewise demonstrated that the record kept through blockchain limits the
extent of danger on data and the human blunders as well.
4. Conclusion and Future Work
It can be concluded from the study that the use of the blockchain technology is
progressing and its diverse applications are being found out. The deployment of the operations is
helpful for forming the security of the information stored in the development of the improved
functional development. The analysis had also shown that the improved technological
development had been helpful of the system for listing the deployment of the improved
functional alignment. The blockchain industry is aligned for forming the development of the
cryptography alignment of the integration management of the functions. The alignment of the
cryptography is helpful for the management of the successive development for the options like
Ethereum, Bitcoin, Koilion, and Ripple.
The use of blockchain can find its use in the technologies of Digital Identity and Digital
Voting in the near future,
Digital Identity: The most crucial impact of the use of the blockchain in the future
would be its application for storing digital identification verification. The problem of security of
the digital identity would be solved as its misuse had become one of the most prominent issues in
the current world. The digital identity using blockchain can be secured for banking, national
security, healthcare, online retailing, and citizenship.
Digital Voting: The blockchain can be implied for digital voting schemes as it would
provide secure and safe electoral voting for the candidates. The implication of the blockchain
would also allow the voter for ensuring that his/her vote has been casted to the desired candidate.

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However, this information would be protected from rest of the people due to the application of
the blockchain. The distributed digital voting of the candidates would represent a method for
enfranchising non-participants.

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