London Journal of Social Sciences

BTCEN Project: Application of Blockchain Technology in Supply Chain

Cihan Bulut — 2024-04-01

The "BTCEN Project: Application of Blockchain Technology in Supply Chain'' article examines the potential impacts of blockchain technology on supply chain management. This paper highlights how products can increase transparency, reliability, and traceability in supply chains by recording their journey from source to the end user. BTCEN aims to bring a modern perspective to the supply chain by integrating e-commerce, tokenization, CRM, and ERP modules. The project accelerates business processes and reduces costs by eliminating intermediaries, thus providing significant benefits to businesses and consumers. The article shows how blockchain technology can be a valuable tool beyond financial transactions, especially in supply chain management. The success of the BTCEN Project represents a promising example of the potential of blockchain technology to provide innovative solutions in different sectors and lays a solid foundation for future applications of this technology.

Analyzing the effectiveness of non-remote monitoring telemedicine within the United States after 2019, including future implications as a healthcare medium, regarding its statistical and analytical disciplines: A systematic review

Josh T. Chandra — 2024-06-18

Telemedicine is the utilization of healthcare services remotely via numerous applications that connect the patient with a qualified physician. Telemedicine plays a vital role in providing accessible healthcare to individuals who are unable to do an in-person visit, and its involvement in healthcare is analyzed through the analytical/statistical lens, financial lens, and ethical lens. Telemedicine systems have demonstrated their potential to serve as a functional healthcare medium, but many barriers to an increase in its implementation and efficacy still exist after the Coronavirus Disease 2019 pandemic. Despite the importance of telemedicine, knowledge of its implied efficacy and efficiency in providing healthcare is poor, and already existing research doesn’t address solutions to the barriers of telemedicine. The research aims to address this gap by doing a comprehensive, systematic literature review on the efficacy, barriers to implementation, practicality, and future implications of telemedicine’s utilization in the healthcare sphere. Furthermore, by adding a unique perspective on this topic and consolidating research data for the general healthcare field to utilize, this further addresses missing medical knowledge regarding telemedicine consultations. This research screened 737 different articles and papers to gather information regarding telemedicine and its efficacy. Results were filtered and screened using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses method to maintain a standard of high-quality, impartial, and accurate data throughout the research paper. Only the sources which pertained to the research question were chosen to be included in the paper. Trends were identified in the chosen articles, which were viewed by the contributors and referenced in the paper. Telemedicine has demonstrated profound evidence of benefits for both patients and healthcare administrations. However, concerns regarding its accessibility and efficacy remain. Suggestions are made for medical administrations and for public knowledge to provide solutions for these concerns.

Evolution of digital transformations in IT companies

Oksana Makovoz — 2024-03-21

This article discusses the evolution and approaches of digitalization of business processes within IT companies, highlighting the transformative effects of this shift on operational efficiency and strategic management. By integrating digital technologies like artificial intelligence, blockchain, and cloud computing, IT companies are redefining the landscape of business process management. The paper examines how IT companies' digital technologies have evolved as business processes have been optimised, management decision-making processes have been improved, and service quality has been enhanced. It also looks at issues such as data security, privacy concerns and the need for skilled labour. The evolution of digitalization in IT Companies is investigated through the prism of retrospective historical analysis of how digitalization has evolved in the IT sector and early adaptations, the shift towards more integrated digital solutions. The research methodology includes a blend of qualitative and quantitative approaches, analyzing case studies from various IT companies that have successfully navigated the digital transformation journey. The findings indicate that digitalization, when strategically implemented, leads to significant improvements in process efficiency, cost reduction, and competitive advantage. However, it also necessitates a cultural shift within organizations, emphasizing the importance of continuous learning and adaptation to technological advancements. The paper concludes by proposing strategies for effectively managing the transition towards a digitally empowered business environment.

The Role of Socialization Agents in Sociovirtualization: Bridging the Gap between Virtual and Real-world Interactions

Ibrahim Kurt — 2024-03-21

The article describes socialization agents as important factors that impact an individual's social growth and interactions in order to properly understand the dynamics of sociovirtualization. These agents serve as sources of guidance, norms, and socialization chances, all of which contribute considerably to the construction of an individual's social identity. These socialization agents are critical in aiding socialization in virtual settings and negotiating the intricacies of virtual interactions in the field of sociovirtualization.

Investigating companies' commitment to inclusive corporate culture preservation

Christina Schabasser — 2024-04-08

Diversity and inclusion are important metrics for employers to build a reputation as an employer of choice. However, existing literature provides an ambiguous understanding of the topic, as debates among scholars regarding the actual impacts of diversity on the performance of organizations are ongoing. In this regard, this study surveyed 173 employees to obtain an honest picture of how they perceived their employers' commitment to preserving diversity and inclusion at work. This study found that many respondents were unsure of the inclusive practices their employers carried out due to gaps between what their employers promised to deliver and what they actually delivered.

Additive manufacturing in the development of low-cost immersive virtual reality solutions for education: a study with google cardboard

Ivan Ferreira Martins — 2024-05-06

Virtual Reality (VR) is a technology that makes it possible to create simulated worlds using computer systems. This study presents a proposal to develop a Google Cardboard prototype using additive manufacturing. The central aim of the study is to contribute to the understanding of low-cost Immersive Virtual Reality (IVR) alternatives; to assist in the scientific-technological development of IVR solutions; and to contribute to technological development and access in a social context and to the preservation of the environment through sustainable technological solutions. Developed in two stages, the theoretical foundation aimed to systematize and understand the concepts involving VR, low-cost solutions for VR - specifically Google Cardboard - and additive manufacturing. The experimental research involved producing the Google Cardboard from the specifications provided by the company, creating a digital model of the display, printing the 3D model and testing the prototype developed. The results of the study indicate that additive manufacturing could be a promising technology for developing low-cost and sustainable VR solutions. The use of filaments made from recyclable materials, such as PET, can help reduce the environmental impact of this type of technology, as well as providing the possibility of social transformation. Therefore, this study contributes to advances in the development of accessible and sustainable solutions in VR, cost reduction, the evolution of Google Cardboard and understanding of the concepts involved. Limitations include the lack of tests with real users and the failure to investigate the impact of focal distance on visual comfort.

True Costing in Logistics & Supply Chain Management: How do we make decisions based on True Economic Trade-Offs (T-ETOs)?

Jan Jansen — 2024-06-18

Decision-making in logistics (including /supply chain management) is often based on traditional cost-price information from a company's accounting department. Externalities, like social and environmental impact, are usually not included in decision-making. To include a more integrated trade-off, the cost-price information should include information on the traditional costs and the costs of externalities like fair wages (social costs) and costs of damage, pollution, etc. (environmental costs). The article provides an overview of traditional costs and attempts to monetise externalities (by using the concept of shadow prices and the Lagrange multiplier or λ) as a base for decision-making in logistics. Some case studies are presented from the last decade and an example of a true economic trade-off for buying a diesel truck-tractor or an electric truck-tractor. In the previous example, much decision data is missing because no track record has yet been developed in this industry. The key issue is making external effects measurable so that business practices can make sound decisions based on financial, social, and environmental data.

The author ends the contribution with a call for further (applied) research into true pricing in logistics.