How the Blockchain Revolution Will Reshape the Consumer Electronics Industry [Future Directions]
Abstract
Discusses how Blockchains will revolutionize the consumer electronics markets. Blockchains have attracted wide attention as the basis of the cryptocurrencies, e.g., bitcoin. Cryptocurrencies may or may not be the future of money, but blockchains are a different matter. Blockchains are considered a new form of information technology that could revolutionize technology, industry, and commerce. In this article, we analyze the winds of change currently blowing on the booming multibillion-dollar global consumer electronics (CE) industry. The revolutionary impact of blockchain technology on supply chain management is discussed as well as potential use cases for CE. We conclude by stating that blockchain technology has the power to make the CE industry a more transparent, safer, and honest place.
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Zhang, S., & Lee, J. (2019) · IEEE Access · doi:10.1109/access.2019.2940551 · Cited by 13 · see citing works
“Due to the traceability, anonymity, irreversibility, and other security traits, the blockchain technology effectively secures transactions and changes the traditional business model [16].”
BackgroundSelf-citationBlockchain Technology: A Framework for Endless Applications
Zantalis, F., Koulouras, G., & Karabetsos, S. (2023) · IEEE Consumer Electronics Magazine · doi:10.1109/mce.2023.3248872 · Cited by 14 · see citing works
“17 Regardless the nature of the supply chain, be it an agrifood 18 or a consumer electronics (CE) chain, 19 the distributed nature of blockchain together with its immutability and transparency, offer a unique set of tools for every customer.”
BackgroundBlockchain for Supply Chain Traceability: Business Requirements and Critical Success FactorsPreprint
Hastig, G. M., & Sodhi, M. S. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3493418 · Cited by 13 · see citing works
Retracted: Induction of Secure Data Repository in Blockchain over IPFS
Shankar, T. N., Padhy, S. K., Dash, S., et al. (2022) · International Conference on Trends in Electronics and Informatics (ICOEI) · doi:10.1109/icoei53556.2022.9776967 · Cited by 12 · see citing works
RetractedPhysical fitness data monitoring of college students based on the internet of things and blockchain
Sang, Y., & Wang, L. (2022) · Frontiers in Public Health · doi:10.3389/fpubh.2022.940451 · Cited by 12 · see citing works
“The hash algorithm also has the advantages of one-way, randomness, timing, and fixed length (14).”
BackgroundHabibullah, S. M., Sikder, M. A., Tanha, N. I., & Sah, B. P. (2024) · GLOBAL MAINSTREAM JOURNAL · doi:10.62304/jieet.v3i3.163 · Cited by 14 · see citing works
Blockchain Technology in Supply Chain Management
Khan, M. R., Masood, F., Gul, I., & Khan, M. R. (2024) · Advances in logistics, operations, and management science book series · doi:10.4018/979-8-3693-1363-3.ch010 · Cited by 12 · see citing works
Maadallah, Y., Idrissi, Y. E. B. E., & Baddi, Y. (2025) · EDPACS · doi:10.1080/07366981.2025.2454095 · Cited by 11 · see citing works
“Similarly, in supply chain management, immutable records of product movement and handling provide a reliable audit trail that prevents fraud and ensures compliance with regulations (J.-H. Lee & Pilkington, 2017).”
A Self-Sovereign Identity Management System Using Blockchain
Rathee, T., & Singh, P. (2021) · Lecture notes on data engineering and communications technologies · doi:10.1007/978-981-16-3961-6_31 · Cited by 11 · see citing works
Xu, D., Gao, Y., & Xiao, X. (2022) · Wireless Communications and Mobile Computing · doi:10.1155/2022/2687445 · Cited by 11 · see citing works
“Lee J H finally pointed out that blockchain technology has the ability to make the CE industry a more transparent, safer, andmore honest place [5].”
BackgroundRizwan, A., Shraah, A. A., Alonazi, W. B., et al. (2024) · IEEE Transactions on Consumer Electronics · doi:10.1109/tce.2024.3367296 · Cited by 10 · see citing works
“Since low-computing jobs account for the majority of the efficiency of contemporary lightweight consumer electronics, the suggested model can be utilised to those devices to give quick decoding and analytics capabilities [21].”
MethodWang, J. (2022) · Security and Privacy · doi:10.1002/spy2.227 · Cited by 13 · see citing works
- Authors
- Lee, J.-H., & Pilkington, M.
- Venue
- IEEE Consumer Electronics Magazine
- Published
- 2017-07
- Volume
- 6
- Issue
- 3
- Pages
- 19-23
- ISSN
- 2162-2248 (ISSN-L)
- 2162-2256
- OpenAlex
- W2625569546
- Cited by
- 174
- References
- 0
- Citations by year
- 2026: 6 · 2025: 11 · 2024: 14 · 2023: 16 · 2022: 29 · 2021: 28 · 2020: 26 · 2019: 30 · 2018: 12 · 2017: 2
- FWCI
- 35.61
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- Locations
- IEEE Consumer Electronics Magazine (publishedVersion)
- Funders
- Sangmyung University
- Sungkyunkwan University
- National Research Foundation of Korea
- Université de Bourgogne
- Universidad de la República Uruguay
- Ministry of Science and ICT, South Korea
- Topics
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
- Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
- Keywords
- blockchain, consumer electronics industry, supply chain management, cryptocurrency, supply chain transparency, blockchain use cases, industry disruption
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
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