Decision support system for blockchain (DLT) platform selection based on ITU recommendations: A systematic literature review approach

in Expert systems with applications (2023), 211

Blockchain technologies, also known as Distributed Ledger Technologies (DLT), are increasingly being explored in many applications, especially in the presence of (potential) dis-/mis-/un-trust among ... [more ▼]

Blockchain technologies, also known as Distributed Ledger Technologies (DLT), are increasingly being explored in many applications, especially in the presence of (potential) dis-/mis-/un-trust among organizations and individuals. Today, there exists a plethora of DLT platforms on the market, which makes it challenging for system designers to decide what platform they should adopt and implement. Although a few DLT comparison frameworks have been proposed in the literature, they often fail in covering all performance and functional aspects, adding that they too rarely build upon standardized criteria and recommendations. Given this state of affairs, the present paper considers a recent and exhaustive set of assessment criteria recommended by the ITU (International Telecommunication Union). Those criteria (about fifty) are nonetheless mostly defined in a textual form, which may pose interpretation problems during the implementation process. To avoid this, a systematic literature review regarding each ITU criterion is conducted with a twofold objective: (i) to understand to what extent a given criterion is considered/evaluated by the literature; (ii) to come up with ‘formal’ metric definition (i.e., on a mathematical or experimental ground) based, whenever possible, on the current literature. Following this formalization stage, a decision support tool called CREDO-DLT, which stands for “multiCRiteria-basEd ranking Of Distributed Ledger Technology platforms”, is developed using AHP and TOPSIS, which is publicly made available to help decision-maker to select the most suitable DLT platform alternative (i.e., that best suits their needs and requirements). A use case scenario in the context of energy communities is proposed to show the practicality of CREDO-DLT. •Blockchain (DLT) standardization initiatives are reviewed.•To what extent ITU’s DLT assessment criteria are covered in literature is studied.•A mathematical formalizations of the ITU recommendations are proposed.•A decision support tool (CREDO-DLT) is designed for DLT platform selection.•An energy community use case is developed to show the practicality of CREDO-DLT. [less ▲]

A state-of the-art survey & testbed of Fuzzy AHP (FAHP) applications

in Expert Systems with Applications (2016), 65

As a practical popular methodology for dealing with fuzziness and uncertainty in Multiple Criteria Decision-Making (MCDM), Fuzzy AHP (FAHP) has been applied to a wide range of applications. As of the time ... [more ▼]

As a practical popular methodology for dealing with fuzziness and uncertainty in Multiple Criteria Decision-Making (MCDM), Fuzzy AHP (FAHP) has been applied to a wide range of applications. As of the time of writing there is no state of the art survey of FAHP, we carry out a literature review of 190 application papers (i.e., applied research papers), published between 2004 and 2016, by classifying them on the basis of the area of application, the identified theme, the year of publication, and so forth. The identified themes and application areas have been chosen based upon the latest state-of-the-art survey of AHP conducted by Vaidya and Kumar (2006). To help readers extract quick and meaningful information, the reviewed papers are summarized in various tabular formats and charts. Unlike previous literature surveys, results and findings are made available through an online (and free) testbed, which can serve as a ready reference for those who wish to apply, modify or extend FAHP in various applications areas. This online testbed makes also available one or more fuzzy pairwise comparison matrices (FPCMs) from all the reviewed papers (255 matrices in total). In terms of results and findings, this survey shows that: (i) FAHP is used primarily in the Manufacturing, Industry and Government sectors; (ii) Asia is the torchbearer in this field, where FAHP is mostly applied in the theme areas of Selection and Evaluation; (iii) a significant amount of research papers (43% of the reviewed literature) combine FAHP with other tools, particularly with TOPSIS, QFD and ANP (AHP’s variant); (iv) Chang’s extent analysis method, which is used for FPCMs’ weight derivation in FAHP, is still the most popular method in spite of a number of criticisms in recent years (considered in 57% of the reviewed literature). [less ▲]

Feature Engineering Strategies for Credit Card Fraud Detection

in Expert Systems with Applications (2016), 51

A Quantitative Verification Framework of SysML Activity Diagrams under Time Constraints

in Expert Systems with Applications (2015)