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Davide Frey, Marc X. Makkes, Pierre-Louis Roman, François Taïani, Spyros Voulgaris
2019 Proceedings of the VLDB Endowment  
This demo presents and benchmarks the main features of Dietcoin that are important for today's cryptocurrencies and smart contract systems, but are missing in the current state-of-the-art: (i) allowing  ...  They offer data consistency, immutability, and auditability, based on the assumption that each participating node locally verifies their entire content.  ...  Recorded transactions are stored in blocks, which are incrementally chained in order to form an append-only list that is synchronized between participants via peer-to-peer exchanges.  ... 
doi:10.14778/3352063.3352106 fatcat:qvnn2mv54zhhnltznttjoovcvq

Investigating Smart Home Security: Is Blockchain The Answer?

Samrah Arif, M. Arif Khan, Sabih Ur Rehman, Muhammad Ashad Kabir, Muhammad Imran
2020 IEEE Access  
For more information, see VOLUME 8, 2020  ...  Sensors are employed within the home appliances via wireless connectivity to be accessible remotely by home owners to operate these devices.  ...  Although, the model reduces the processing time and shows adequate performance, but the cloud usage might increase the system cost.  ... 
doi:10.1109/access.2020.3004662 fatcat:akeknis3mvhlvmhnjpov7afjj4

Survey of Consensus Protocols [article]

Abdul Wahab, Waqas Mehmood
2018 arXiv   pre-print
Others are focused on developing different variants of the protocol, best suited for specific use cases.  ...  It is a distributed, transparent and immutable database of records of all the transactions or events that have been shared and executed among the participants.  ...  Storej leverages proof of and implements a challenge-response verification system that proves custody of a file for a participant.  ... 
arXiv:1810.03357v2 fatcat:yjpcbkxwcfgmxka5bxgxjyevea

Aquareum: A Centralized Ledger Enhanced with Blockchain and Trusted Computing [article]

Ivan Homoliak, Pawel Szalachowski
2020 arXiv   pre-print
Therefore, they are inapplicable for many important use cases, where interestingly, centralized ledger systems quietly gain adoption and find new use cases.  ...  Distributed ledger systems (i.e., blockchains) have received a lot of attention recently.  ...  PDFS [21] reduces this overhead (to constant) by a smart contract that validates consistency with the past by incremental update of the ledger using the history tree data structure (similarly, as in  ... 
arXiv:2005.13339v1 fatcat:hvklwhe5vbh4jkprk36mzaw3l4

The Economics of Distributed Ledger Technology for Securities Settlement

Evangelos Benos, Rodney Garratt, Pedro Gurrola-Perez
2019 Ledger  
Our main conclusions are that: i) Although DLT has the potential to significantly reduce costs in securities settlement, implementation is challenging, ii) technological innovation in the post-trade industry  ...  We apply economic principles to understand how distributed ledger technology (DLT) might impact the innovation process and eventual market structure in the security settlement industry.  ...  As such, there are stronger incentives for technological innovations that either generate new revenue or reduce costs. An area with great potential for cost reductions is post-trade processing.  ... 
doi:10.5195/ledger.2019.144 fatcat:covmptiz7vhf3aeozucmqjzofy

Blockchain Practices, Potentials, and Perspectives in Greening Supply Chains

Mahtab Kouhizadeh, Joseph Sarkis
2018 Sustainability  
Some of the most pervasive blockchain technology use cases exist for supply chains.  ...  This viewpoint paper provides insight into some of the main dimensions of blockchain technology, an overview of the use cases and issues, and some general research areas for further investigation.  ...  This would help reduce the risk for the focal companies. Removing intermediaries is also an important outcome that enhances the vendor selection process in the supply chain and reduces costs.  ... 
doi:10.3390/su10103652 fatcat:55a7dbebwbbzblfi2df4cusgt4

Design and Field Implementation of Blockchain Based Renewable Energy Trading in Residential Communities [article]

Shivam Saxena, Hany Farag, Aidan Brookson, Hjalmar Turesson, Henry M. Kim
2019 arXiv   pre-print
This paper proposes a peer to peer (P2P), blockchain based energy trading market platform for residential communities with the objective of reducing overall community peak demand and household electricity  ...  The marketplace is implemented on a permissioned blockchain infrastructure, where bids are stored to the immutable ledger and smart contracts are used to implement the MCP calculation and award service  ...  /verification process.  ... 
arXiv:1907.12370v1 fatcat:o7bhpwcd7ba2navpinzoqusthy

A Flexibility Market Platform for Electricity System Operators Using Blockchain Technology

Valeri Mladenov, Vesselin Chobanov, George Calin Seritan, Radu Florin Porumb, Bogdan-Adrian Enache, Vasiliki Vita, Marilena Stănculescu, Thong Vu Van, Dimitrios Bargiotas
2022 Energies  
The proposed objective is achieved by using Blockchain-based smart contracts and distributed ledger technology.  ...  The aim is to look for ways to help DSOs/TSOs be more flexible and more directly engaged in managing energy flows on the network.  ...  Data Availability Statement: The data is provided from the Electricity System Operator of Bulgaria. Conflicts of Interest: The authors declare no conflict of interest.  ... 
doi:10.3390/en15020539 fatcat:jv3a2bbwibdrjleqnzqubcklge

Securing Digital Ledger Technologies-Enabled IoT Devices: Taxonomy, Challenges, and Solutions

Anastasios N. Bikos, Sathish A. P. Kumar
2022 IEEE Access  
The blockchain technology, a prominent distributed ledger technology (DLT), is being pronounced as the way forward for safeguarding IoT devices and data.  ...  In this work, we depict a thorough analysis of the existing security studies for IOTA.  ...  Moreover, these models also re-assure reduced monetary costing for services using an atomic contract-based charging system that is autonomous of versatile applications and infrastructure. J.  ... 
doi:10.1109/access.2022.3169141 fatcat:dw663ddj2vbivnjouav6x4qfb4

Netcoin: A Traceable P2P Electronic Cash System

Hitesh Tewari, Eamonn O. Nuallain
2015 2015 IEEE International Conference on Web Services  
Its salient features are that it is a traceable system with an efficient mechanism for verifying transactions. Netcoins are reusable and can be easily passed from one user to another.  ...  There is no need to maintain a public ledger, which would inhibit use on a global scale because of rapidly increasing memory and bandwidth requirements.  ...  Other examples may be search engines that want to reduce transaction costs for clients who advertise for them etc.  ... 
doi:10.1109/icws.2015.69 dblp:conf/icws/TewariN15 fatcat:iq66u3tzybdrbes4obeonqmzni

Token Economy

Ali Sunyaev, Niclas Kannengießer, Roman Beck, Horst Treiblmaier, Mary Lacity, Johann Kranz, Gilbert Fridgen, Ulli Spankowski, André Luckow
2021 Business & Information Systems Engineering  
They further outline that ''reducing participation costs, which are the costs of learning about effectively using markets as well as participating in them on a day-to-day basis'' is ''an important service  ...  Further, tokenization can increase the attractiveness of ecosystems by lowering the entry barriers for participants (e.g., suppliers and logistic companies) and reduce the transaction costs (Laurent et  ... 
doi:10.1007/s12599-021-00684-1 fatcat:rvm3xs4nvnfglhpoabgzxa7ml4

Distributed Ledger Technology in Payments, Clearing, and Settlement

David Mills, Kathy Wang, Brendan Malone, Anjana Ravi, Jeff Marquardt, Clinton Chen, Anton Badev, Timothy Brezinski, Linda Fahy, Kimberley Liao, Vanessa Kargenian, Max Ellithorpe (+2 others)
2016 Finance and Economics Discussion Series  
The potential for DLT to reduce frictions in the clearing and settlement of securities has led many industry participants to explore this technology as a way of reducing middle and back office costs.  ...  For example, on the one hand, if a solution reduces the cost of clearing, but does so by shifting financial and operational risk to end-users of a system or by reducing the ability of specialized intermediaries  ... 
doi:10.17016/feds.2016.095 fatcat:ueklof3zc5ba5jxxwep4tfqga4

RFID Technology and Blockchain in Supply Chain

Lukáš Kubáč
2018 Transactions of the VSB : Technical University of Ostrava  
costs (e.g., reduced labour cost of products identification); • increment efficiency in stock turnover • reduced larceny occurrence.  ...  The functionality of the system allows to protect cargo owners and carriers, eliminate problems of trust between participants, remove information barriers and avoid suit costs.  ... 
doi:10.22223/tr.2018-1/2042 fatcat:lp6b4izcdbgrzn3yfrmgajjhya

A Novel Classified Ledger Framework for Data Flow Protection in AIoT Networks

Daoqi Han, Songqi Wu, Zhuoer Hu, Hui Gao, Enjie Liu, Yueming Lu, Liguo Zhang
2021 Security and Communication Networks  
In this paper, we consider the blockchain design for the AIoTs and propose a novel classified ledger framework based on lightweight blockchain (CLF-LB) that separates and stores data rights at the source  ...  the system-on-chip system, which are carefully designed to fit the cloud-edge-terminal hierarchy in AIoTs networks.  ...  broadcast content which uses irrelevant block offload filters to reduce ledger blocks.  ... 
doi:10.1155/2021/6671132 fatcat:2nsm55lvorgovcypdcnajojr4q

Cipherchain: A Secure and Efficient Ciphertext Blockchain via mPECK

Hailin Chen, Gang Xu, Yuling Chen, Xiubo Chen, Yixian Yang, Ruibin Fan, Kaixiang Zhang, Huizhong Li
2019 Journal on Big Data  
after appended to the globally consistent distributed ledger.  ...  system performance not greatly affected by cryptographic operations and other local execution work.  ...  When transaction participants search for specific transactions on miners' local ledgers, they usually need to pay some fees for additional computation overhead.  ... 
doi:10.32604/jqc.2020.09291 fatcat:r5elk4mcbzeffgpumpqx25dlgm
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