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To bolster their competitiveness and profitability, prominent e-commerce platforms have embraced dual retailing channels: self-operating channels and online marketplaces. However, a discernible trend is emerging wherein e-commerce platforms are expanding their marketplaces to encompass competitive third-party suppliers. Motivated by this trend, this study sought to examine the strategic integration of a third-party product amidst the competition between a self-operating channel and a marketplace. This investigation involved the development of a game-theoretic model involving a platform and two representative suppliers—an incumbent supplier and a new entrant. Specifically, we delved into establishing an equilibrium partnership between the platform and the new entrant supplier while also evaluating the self-operating strategy of the established supplier. Our analysis uncovered a counterintuitive outcome: an escalation in the commission rate resulted in diminished profits for the established supplier. Furthermore, we ascertained that the economic implications of a competitive product entry pivot significantly on product quality. Lastly, we demonstrated that the revenue-sharing rate plays a pivotal role in influencing the self-operating strategy of the established supplier, and the market equilibrium hinges on the interplay among product quality, the commission rate, and the revenue-sharing rate. These insights provide invaluable guidance for marketers and e-commerce platforms in their strategic decision-making processes. [ABSTRACT FROM AUTHOR]

Non-fungible Tokens (NFTs) are ownership records stored on a blockchain, and they are typically digital items such as photos and videos. In many ways, an NFT is like a conventional proof-of-purchase document, such as a paper invoice or an electronic receipt. NFTs are attractive among other things because of verifiability; each sale is recorded as a blockchain transaction, allowing ownership to be tracked. Also, NFTs can be used to transfer digital assets between two mutually distrusting parties, since both the crypto payment and the asset transfer take place in one transaction. With NFTs, all marketplaces can freely trade with the help of decentralized applications (DApps). It is currently estimated that there are over 245 NFT marketplaces (NFTM) listed with over 1000 blockchains as of August 2022 with 68 million blockchain wallet users. With the expansion of markets, they must face challenges and issues. The objective of this review is to study the market dynamics of NFT ecosystems. It also focuses on technical components that enable NFTs and their marketplace. The review provides a deeper understanding of its components, how they are related, and why they are important. The paper analyses the challenges faced by NFTs and marketplaces in terms of security, transparency, scalability, and the consequences leading to these issues and how they will address them, as well as future opportunities. [ABSTRACT FROM AUTHOR]

In present times, the largest amount of data is being controlled in a centralized manner. However, as the data are in essence the fuel of any application and service, there is a need to make the data more findable and accessible. Another problem with the data being centralized is the limited storage as well as the uncertainty of their authenticity. In the Internet of Things (IoT) sector specifically, data are the key to develop the most powerful and reliable applications. For these reasons, there is a rise on works that present decentralized marketplaces for IoT data with many of them exploiting blockchain technology to offer security advantages. The main contribution of this work is to review the existing works on decentralized IoT data marketplaces and discuss important design aspects and options so as to guide (a) the prospective user to select the IoT data marketplace that matches their needs and (b) the potential designer of a new marketplace to make insightful decisions. [ABSTRACT FROM AUTHOR]

Changing asset ownership models in the energy sector is spurring established companies and startups to implement customer-centric smart services. In this sense, startups are pioneers of innovative business models, and unbundle the energy value chain to provide various services to final customers. Although service business models have received large attention in the energy sector, the role of startups in service business model innovation (S-BMI) is not fully understood in the literature. To put this into perspective, the proposed work analyzes the six most practiced energy service categories, specifically, Comfort and Heating, Flexibility and Trading, Energy Efficiency and Management, Solar and Microgrid, Charging and Battery, and Energy Software Solutions are taken into account, accompanying service business model archetypes in the energy sector. Data from two different company databases are combined, and a list of 432 startups dealing with energy services are analyzed. The operating revenue, stakeholders, investors, and funding are considered as the main indicators to compare the service categories. The top two categories in terms of the number of startups are Solar and Microgrid (38.1%) alongside Energy Efficiency and Management (20.1%). The analysis suggests that X-as-a-service (XaaS) and platform-based business models are becoming the center-of-attention for investors and shareholders. Digital marketplaces are also evolving in the energy sector. In fact, the current study found that startups associated with XaaS, platforms, and marketplace activities are attracting the majority of investors and funding programs. From a theoretical point of view, the study has provided the main motivations and enablers behind the energy sector servitization. The findings could serve as an initial methodological framework to analyze services in the energy sector, putting service business models and startups into focus. [ABSTRACT FROM AUTHOR]

Featured Application: The result of this work may be applied in the architectural design and development of electronic marketplaces if they claim to be usable in open ecosystems following the paradigms of the platform economy. Although the work is primarily dedicated to industrial production, its principles may also be applied to other markets and domains of the Industrial Internet of Things such as health, logistics or mobility. The paper describes a reference architecture for open marketplaces to be used for networked stakeholders in industrial production ecosystems. The motivation for such an endeavor comes from the idea to apply the basic principle of the platform economy to offer functions of an asset "as a service" to industrial production, including the associated supply chain networks. Currently, commercial offers of "production as a service" usually lead to proprietary systems with the risk of platform vendor lock-ins. Hence, there is a need for an open approach that relies upon international (emerging) standards, especially those from IETF, IEC, the Plattform Industrie 4.0 and the International Data Spaces Association (IDSA). The presented approach enables federation of marketplaces according to well-defined interfaces. This article proposes a technology-independent open architecture derived from functional and non-functional system requirements and driven by the idea of the Smart Factory Web, a testbed of the Industrial Internet Consortium (IIC). Furthermore, the architecture of the Smart Factory Web (SFW) platform is presented and assessed against the current and future demands of open federated marketplaces for industrial production ecosystems. [ABSTRACT FROM AUTHOR]

During the Web era e-procurement has witnessed a steep rise in marketplace deployment; this has been followed by a substantial number of failures. A number of larger technology providers are now left to support both small and large businesses. Flexibility has been a key enabler in supporting network evolution across a varied number of domains. The aim of this study is to investigate flexibility around marketplace evolution, success and failure. In particular, explore the inter-relationships between architectural flexibility and the evolving Web and Internet. A systematic literature review (SLR) was carried out in order to uncover the changes that have taken place over the past fifteen years. A conceptual model is produced early in the research in order to provide contextual underpinning. We employed a manual search of 5 journals. Of the 22 relevant studies, one addressed research trends around e-procurement in pharmaceutical organizations. Three addressed eprocurement in financial organizations. A number of flexibility categories are uncovered by the SLR and then used as a means to support flexible e-procurement marketplace (EPM) design and adoption, recognising EPM evolution over the volatile study period. Flexibility categories are uncovered and comprise technical, organisational, environmental and strategic (TOES) concerns. [ABSTRACT FROM AUTHOR]

The proposal of this paper is to introduce a low-level blockchain marketplace, which is a blockchain where participants could share its power generation and demand. To achieve this implementation in a secure way for each actor in the network, we proposed to deploy it over efficient and generic low-performance devices. Thus, they are installed as IoT devices, registering measurements each fifteen minutes, and also acting as blockchain nodes for the marketplace. Nevertheless, it is necessary that blockchain is lightweight, so it is implemented as a specific consensus protocol that allows each node to have enough time and computer requirements to act both as an IoT device and a blockchain node. This marketplace will be ruled by Smart Contracts deployed inside the blockchain. With them, it is possible to make registers for power generation and demand. This low-level marketplace could be connected to other services to execute matching algorithms from the data stored in the blockchain. Finally, a real test-bed implementation of the marketplace was tested, to confirm that it is technically feasible. [ABSTRACT FROM AUTHOR]

There is no doubt that new technology has become one of the crucial parts of most people's lives around the world. By and large, in this era, the Internet and the Internet of Things (IoT) have become the most indispensable parts of our lives. Recently, IoT technologies have been regarded as the most broadly used tools among other technologies. The tools and the facilities of IoT technologies within the marketplace are part of Industry 4.0. The marketplace is too regarded as a new area that can be used with IoT technologies. One of the main purposes of this paper is to highlight using IoT technologies in Industry 4.0, and the Industrial Internet of Things (IIoT) is another feature revised. This paper focuses on the value of the IoT in the industrial domain in general; it reviews the IoT and focuses on its benefits and drawbacks, and presents some of the IoT applications, such as in transportation and healthcare. In addition, the trends and facts that are related to the IoT technologies on the marketplace are reviewed. Finally, the role of IoT in telemedicine and healthcare and the benefits of IoT technologies for COVID-19 are presented as well. [ABSTRACT FROM AUTHOR]

Distrust between data providers and data consumers is one of the main obstacles hampering the take-off of digital-data commerce. Data providers want to get paid for what they offer, while data consumers want to know exactly what they are paying for before actually paying for it. In this article, we present a protocol that overcomes this obstacle by building trust based on two main ideas. First, a probabilistic verification protocol, where some random samples of the real dataset are shown to buyers in order to allow them to make an assessment before committing any payment; and second, a guaranteed, protected payment process enforced with smart contracts on a public blockchain that guarantees the payment of data if and only if the provided data meet the agreed terms, and that honest players are otherwise refunded. [ABSTRACT FROM AUTHOR]

Food companies spend a large amount of money and time to explore markets and consumer trends for ideation. Finding new opportunities in food product development is a challenging assignment. The majority of new products launched in the market are either copies of existing concepts or line extensions. This study demonstrates how the global marketplace can be used for generating new texture concepts for snack foods. One hundred and twenty-three prepacked snack foods from South Korea (SK) and ninety-five from Japan (JP) were purchased for this study. Projective mapping (PM) was used to sort the snacks on a 2-dimensional map (texture and flavor). Sensory scientists grouped snacks on similarities and dissimilarities. PM results showed, 65% (JP) and 76% (SK) snacks were considered as hard textures, ranging from moderate to extremely hard. Sixty-five percent of JP snacks were savory, whereas 59% of SK snacks had a sweet flavor. The PM 2-dimensional map was used to find white spaces in the marketplace. Thirty-two diversified snacks from each country were screened and profiled using descriptive sensory analysis by trained panelists. Attributes such as sustained fracturability, sustained crispness, initial crispness, and fracturability were the main sensory texture characteristics of snacks. Results showed how descriptive analysis results can be used as initial sensory specifications to develop prototypes. Prototype refinement can be performed by doing multiple developmental iterations and consumer testing. The study showed how white spaces are potential opportunities where new products can be positioned to capture market space. Practical Application: The methodology produced in this study can be used by food product developers to explore new opportunities in the global marketplace. [ABSTRACT FROM AUTHOR]

Rapid population growth and urbanization have led to an increase in Construction and Demolition (C&D) waste, prompting government and industry bodies to develop better waste management practices. Waste trading has emerged as a targeted intervention to divert waste from landfill sites and create a second life for waste material. This paper examines key barriers and enablers influencing the creation of a marketplace for waste trading. A systematic literature review was undertaken to examine global efforts in creating a marketplace for C&D waste. A framework on enablers and barriers for developing a marketplace for C&D waste emerged from the review, based on market-based, operational, and governance factors. References demonstrated that markets for materials such as glass and metals have already been established, but there are increasing marketplace opportunities for other recycled materials. Technology-based market applications are emerging as targeted interventions to facilitate online trading, which will provide a more accessible and user-friendly marketplace for sellers and buyers. Further research should test the complex interactions between people and technology associated with online waste trading platforms, as well as help develop the business case for a C&D waste marketplace. [ABSTRACT FROM AUTHOR]

Traditional retail markets have long been the center for urban vitality, yet they have been under threat of advancing superstores run by corporate retailers. Studies have attempted to identify the competitiveness of the markets, but empirical evidence is not sufficient for presenting which factors contribute to the maintenance of a traditional market’s economic vitality. In South Korea, urban policies have been directed to revitalizing the markets, but their effectiveness has been questioned. This study aims to fill this void by examining traditional markets in Seoul with multiple regression on (1) the revenue and (2) the volume of customers and with negative binomial regression on (3) the popularity measured by the number of blog posts on the markets. Using a comprehensive set of variables, this paper finds that investments in physical infrastructure (p < 0.000) and organizational/operational capacities (p < 0.008 and p < 0.094) make a significant contribution to the economic vitality. Among product categories, the ratios of perishable food stores were found to be significant (p < 0.000) as well as those of food shops and vendors (p < 0.030). On the other hand, extending convenient facilities and anchor stores would reduce the revenue in the short term. In addition, traditional markets that are recognized as popular destinations may not necessarily be profitable. In this vein, attention should be paid to this mismatch when a strategy is deliberated to transform a market into a tourist attraction. [ABSTRACT FROM AUTHOR]

Background: Depression is one of the psychiatric diseases with a high prevalence rate, globally, and reportedly more prevalent among women than among men. Especially, women workers working at traditional markets are in depressive conditions without occupational health services. The purpose of this study is to investigate factors having a significant effect on the depressive symptoms of women workers at traditional markets in South Korea., Methods: A cross-sectional study was used and subjects for the present study were 500 female workers in three selected representative traditional marketplaces in South Korea., Results: The results of hierarchical regression analysis indicated that increased BMI (β = 0.297, p = 0.017), poor nutritional status (β = 0.596, p < 0.001), street vendor status (β = 2.589, p = 0.001), job stress (β = 0.491, p < 0.001), lower back pain (β = 0.377, p = 0.011), lower self-efficacy (β = -0.368, p = 0.002) and diminished family function (β = -0.633, p = 0.001) affected workers' depressive symptoms. The explanatory power of these variables was 38.5%., Conclusions: Based on these results, future research should focus on incorporating theses significant factors into effective interventions designed to decrease depressive symptoms in this population. Moreover, this study will increase interest in occupational health nursing, particularly in relation to vulnerable social groups, and expand the scope of practice in the field., Competing Interests: The authors declare no conflict of interest.

Street dust is a hazard for workers in traditional markets. Exposure time is longer than for other people, making them vulnerable to heavy metals in street dust. This study investigated heavy metal concentrations in street dust samples collected from different types of markets. It compared the results with heavy metal concentrations in heavy traffic and rural areas. Street dust was significantly enriched with most heavy metals in a heavy traffic area while street dust from a fish market was contaminated with cupper (Cu), lead (Pb) and zinc (Zn). Street dust from medicinal herb and fruit markets, and rural areas were not contaminated. Principal component and cluster analyses indicated heavy metals in heavy traffic road and fish market dust had different sources. Relatively high heavy metal concentration in street dust from the fish market may negatively affect worker's mental health, as depression levels were higher compared with workers in other markets. Therefore, intensive investigation of the relationship between heavy metal concentrations in street dust and worker's health in traditional marketplaces should be conducted to elucidate the effect of heavy metals on psychological health in humans.