• KSII Transactions on Internet and Information Systems (TIIS)
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• 제13권8호
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• pp.4093-4107
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• 2019

Proof of Work (PoW) based blockchains have limitations in throughput, time consumption, and energy efficiency. In these systems, a miner will consume significant time and resources to obtain a reward for contributing to the blockchain. To overcome these limitations, recent research on blockchains are focused on accelerating the speed, scalability, and enhancing the security level. By enhancing specific procedures of blockchain system, the level of data integrity supported by the blockchain can become more robust, and efficient. In this paper, a new blockchain consensus model based on the Bryllite Consensus Protocol (BCP) is proposed to support a hyper-connected massively multiplayer online game (MMOG) ecosystem. The BCP scheme enables users to participate directly in new consensus processes through a Proof of Participation (PoP) algorithm. In this model, the consensus algorithm has a simpler form while maintaining high security level. In addition, because the BCP scheme gives users an equal chance to make a contribution to the blockchain, rewards are distributed in an equal fashion, which motivates user participation. The analysis of the proposed scheme is applied to the Bryllite consortium blockchain system (homed in Hong Kong), which is a new blockchain network developed for international game industries, gamers, and game events.

• 한국컴퓨터정보학회논문지
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• 제23권12호
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• pp.49-55
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• 2018

In this paper, we propose schemes of blockchain utilization in tactical communication environment. The military tactical communication environment has similar characteristics with blockchain network such as distributed architecture, decentralization, and the need for data integrity. A communication node constituting a tactical communication network is constituted by a system capable of configuring and connecting a network for each node. When a communication node, having such capabilities, is configured as a node of blockchain network, various functions could be performed. In this paper, we propose utilization schemes of authentication, integrity, record management, and privilege control based blockchain technology. Functions for authentication, integrity verification, and record management need to ensure the stored data and could track history. The requirement of function's characteristics are matched to blockchain which is storing data sequentially and difficult to hack data, so that it could perform functionally and sufficiently well. Functions for authority control should be able to assign different privileges according to the state of the requestor. Smart contract will function when certain conditions are satisfied and it will be able to perform its functions by using it. In this paper, we will look over functions and utilization schemes of blockchain technology which could reliably share and synchronize data in a tactical communication environment composed of distributed network environment.

• Journal of Multimedia Information System
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• 제6권3호
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• pp.139-146
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• 2019

This paper, wireless internet such as Wi-Fi has a vulnerability to security. Blockchain also means a 'Ledger' in which transaction information that occurs on a public or private network is encrypted and shared among the network participants. Blockchain maintains information integrity by making it impossible for a particular node to tamper with information arbitrarily, a feature that would result in changes in the overall blockchain hash value if any one transaction information that constitutes a block was changed. The complete sharing of information through a peer-to-peer network will also cripple hacking attempts from outside, targeting specialized nodes, and prepare for the "single point of failure" risk of the entire system being shut down. Due to the value of these Blockchain, various types of Blockchain are emerging, and related technology development efforts are also actively underway. Various business models such as public block chains such as Bitcoin, as well as private block chains that allow only certain authorized nodes to participate, or consortium block chains operated by a select few licensed groups, are being utilized. In terms of technological evolution, Blockchain also shows the potential to grow beyond cryptocurrency into an online platform that allows all kinds of transactions with the advent of 'Smart Contract'. By using Blockchain technology, the company makes suggestions to overcome the vulnerability of wireless Internet.

• 한국IT서비스학회지
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• 제17권4호
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• pp.151-162
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• 2018

Blockchain can be highly secured by design and efficient for huge data so that many researchers and practitioners have been interested in blockchain in nature. The principles and applications of blockchain have been investigated by numerous studies and projects, however little is coincident regarding estimating about security investors' additional willingness to pay (WTP) and analyzing relationship with socio-economic characteristics of the investor for blockchain in the securities industry. This study surveyed on 1,000 heads of the household or homemakers that represents population well and estimated additional WTP using one-and-one-half-bounded (OOHB) dichotomous choice (DC) contingent valuation (CV) method. About 63% of respondents had additional WTP for blockchain. The mean WTP was KRW 48,206.92 and the median WTP was KRW 30,967.76. In addition to, the people who are high-income, highly-educated and having more financial asset were more likely to pay extra for their utility from using blockchain. The aggregated additional WTP was about 13% of the 2017 fiscal net income of the security industry. Consequently using blockchain, the strategic developing of securities targeting high-income, highly educated investors having more financial assets can increase commission income, which in turn can increase the company's revenues.

• 한국IT서비스학회지
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• 제18권1호
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• pp.45-61
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• 2019

Blockchain technology, which enables transparent transactions among individuals without central control, opens up diverse business possibilities. It is also expected that blockchain will have a ripple effect on the entire area of society including finance, manufacturing, distribution, and the public sector. Previous studies related to the blockchain also deals with its functional features and application to industrial and public fields. In the new technology such as blockchain, it is necessary to know what social perception is in order to create technological development environment, but there is a lack of research on it. Therefore, this study aims to find out the implications for industrial and policy direction by analyzing issues related to the blockchain in South Korea and the US through text mining. From these two countries, we collected text data related to blockchain in online communities and internet articles. Then, we did co-occurrence analysis and topic modeling on them respectively. As a result of this study, we have found common points and differences in keywords and topics extracted from social media in the two countries. Based on them, we can offer helpful suggestions for building a sound blockchain ecosystem, and directions for future research.

• KSII Transactions on Internet and Information Systems (TIIS)
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• 제16권8호
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• pp.2507-2528
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• 2022

Blockchain interoperability, which refers in particular to the ability to access information across blockchain systems, plays the key role for different blockchains to communicate with each other, and further supports the superstructure built on top of the cross-chain mechanism. Nowadays, blockchain interoperability technology is still in its infancy. The existing cross-chain scheme such as BTCRelay requires that the smart contract in a blockchain to download and maintain block headers of the other blockchain, which is costly in maintenance and inefficient to use. In this paper, we propose a supervision mechanism between blockchains, called Surveillant. Specially, the new entities called dual-functional nodes are introduced to commit the real-time information from the blockchain under supervision to the supervising blockchain, which enables users to have efficient cross-chain verification. Furthermore, we introduce Merkle mountain range for blocks aggregation to deal with the large-scale committing data. We propose the design of long orphan branch counter to trace the bifurcations in the blockchain under supervision. The existing incentive mechanism is improved to encourage the behaviors of dual-functional nodes. In Surveillant, the analysis and experimental results demonstrate that users are able to have efficient cross-chain verification with low maintenance overhead.

• International Journal of Computer Science & Network Security
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• 제23권5호
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• pp.128-134
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• 2023

The widespread usage of blockchain technology in cryptocurrencies has led to the adoption of the blockchain concept in data storage management systems for secure and effective data storage and management. Several innovative studies have proposed solutions that integrate blockchain with distributed databases. In this article, we review current blockchain databases, then focus on two well-known blockchain databases-BigchainDB and FalconDB-to illustrate their architecture and design aspects in more detail. BigchainDB is a distributed database that integrates blockchain properties to enhance immutability and decentralization as well as a high transaction rate, low latency, and accurate queries. Its architecture consists of three layers: the transaction layer, consensus layer, and data model layer. FalconDB, on the other hand, is a shared database that allows multiple clients to collaborate on the database securely and efficiently, even if they have limited resources. It has two layers: the authentication layer and the consensus layer, which are used with client requests and results. Finally, a comparison is made between the two blockchain databases, revealing that they share some characteristics such as immutability, low latency, permission, horizontal scalability, decentralization, and the same consensus protocol. However, they vary in terms of database type, concurrency mechanism, replication model, cost, and the usage of smart contracts.

• 산경연구논집
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• 제9권6호
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• pp.77-85
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• 2018

Purpose - The purpose of this study is to subdivide trade transaction-centered structure in a logistics/distribution industry system to apply blockchain, to establish and resolve with which types of technology, and to provide policy direction of government institution and technology to apply blockchain in this kind of industry. Research design, data, and methodology - This study was conducted with previous researches centered on cases applied in various industry sectors on the basis of blockchain technology. Results - General fields of blockchain application include digital contents distribution, IoT platform, e-Commerce, real-estate transaction, decentralized app. development(storage), certification service, smart contract, P2P network infrastructure, publication/storage of public documents, smart voting, money exchange, payment/settlement, banking security platform, actual asset storage, stock transaction and crowd funding. Blockchain is being applied in various fields home and abroad and its application cases can be explained in the banking industry, public sector, e-Commerce, medical industry, distribution and supply chain management, copyright protection. As examined in the blockchain application cases, it is expected to establish blockchain that can secure safety through distributed ledger in trade transaction because blockchain is established and applied in various sectors of industries home and abroad. Parties concerned of trade transaction can secure visibility even in interrupted specific section when they provide it as a base for distributed ledger application in trade and establish trade transaction model by applying blockchain. In case of interrupted specific section by using distributed ledger, blockchain model of trade transaction needs to be formed to make it possible for parties concerned involved in trade transaction to secure visibility and real-time tracking. Additionally, management should be possible from the time of contract until payment, freight transfer to buyers through land, air and maritime transportation. Conclusions - In order to boost blockchain-based logistics/distribution industry, the government, institutionally, needs to back up adding legal plan of shipping, logistics and distribution, reviewing standardization of electronic switching system and coming up with blockchain-based industrial road maps. In addition, the government, technologically, has to support R&D for integration with other high technology, standardization of distribution industry's blockchain technology and manpower training to expand technology development.

• 정보보호학회논문지
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• 제30권1호
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• pp.87-100
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• 2020

양자 내성 암호와 블록체인을 결합한 것을 양자 내성 블록체인(Post-Quantum Blockchain)이라 부르며[1], 양자 컴퓨터를 대비한 양자 내성 블록체인에 대한 연구가 이루어지고 있다. 그러나 양자 내성 블록체인을 구현하기 위해 임의의 양자 내성 암호를 기존 블록체인에 그대로 도입하게 되면, 비대한 공개키, 서명 크기가 문제가 되거나, 서명 검증 시간이 길어지는 등의 문제가 발생한다. 본 논문은 비대한 공개키와 서명 크기를 가진 전자서명 알고리즘을 고정된 사이즈로 감소시켜 저장하는 방식을 제안한다. 양자 내성 암호를 블록체인에 도입하기 위한 새로운 트랜잭션 구조와 프로토콜을 제안하며, 제안 메커니즘을 적용하여 오픈소스 기반의 양자 내성 블록체인을 구현했다. 본 연구를 통하여 블록체인의 양자 내성 전자서명 호환성을 증대시키고, 전체적인 블록체인의 크기도 감소시킬 수 있다.

• Journal of Korea Trade
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• 제23권6호
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• pp.113-130
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• 2019

Purpose - This paper investigates applicability of blockchain based bill of lading under the current legal environment. Legal requirements of electronic bill of lading will be analyzed based on the Rotterdam Rules and recently enacted UNCITRAL Model Law on Electronic Transferable Records. Using comparative analysis with the previous registry model for electronic bill of lading, this paper examines the advantages of blockchain based bill of lading. Design/methodology - This research reviewed previous efforts for dematerializing bill of lading with its limitation. Main features of blockchain technology which can make up for deficiencies of registry model also be investigated to analyze whether these features can satisfy the requirements for the legal validity of the negotiable electronic transport record or electronic transferable records under the Rotterdam Rules and the MLETR. Findings - Main findings of this research can be summarized as follows: Blockchain system operated in an open platform can improve transparency and scalability in transfer of electronic bill of lading by assuring easy access for transaction. Distributed ledger technology of blockchain makes it more difficult to forge or tamper with transactions because all participants equally shares identical transaction records. Consensus mechanism and timestamp in a blockchain transaction guarantee the integrity and uniqueness of a transaction. These features are enough to satisfy the requirements of electronic transferable records under the Rotterdam Rules and MLTER. Originality/value - This study has significance in that it provided implications for the introduction of electronic bill of lading by analyzing whether the blockchain based electronic bill of lading model meets the legal requirements under the current legal system prepared prior to the introduction of blockchain technology, and by presenting the advantages of the blockchain based bill of lading model through comparative analysis with the existing registry model.