• Title/Summary/Keyword: Blockchain Network

Search Result 295, Processing Time 0.023 seconds

A Study on Performance Evaluation Factors of Permissioned Blockchain Consensus Algorithm (허가형 블록체인 합의알고리즘의 성능평가항목 연구)

  • Min, Youn A
    • Convergence Security Journal
    • /
    • v.20 no.1
    • /
    • pp.3-8
    • /
    • 2020
  • Blockchain can enhance data transparency and security through decentralized data management that is out of the centralized system. permissioned blockchain of the blockchain platform, only trust-based authorized nodes can participate in the distributed network. Considering the characteristics of the permissioned blockchain, it is necessary to consider the network communication speed, transaction finality agreement, and stability as a condition for selecting the consensus algorithm. The consensus algorithms of the permissioned blockchain environment are diverse such as PoA, PBFT, Raft, etc., but there are no various evaluation factors for selecting consensus algorithms. In this paper, various performance evaluation factors are proposed to analyze the characteristics of each consensus algorithm of the permissioned blockchain and to select an efficient consensus algorithm considering the characteristics of the user environment that composes the network. The proposed performance evaluation factor can consider the network speed, stability, and consensus of the finality agreement between nodes under the premise of trust. Through this, a more efficient blockchain network environment can be constructed.

Blockchain and IoT Integrated Banana Plant System

  • Geethanjali B;Muralidhara B.L.
    • International Journal of Computer Science & Network Security
    • /
    • v.24 no.2
    • /
    • pp.155-157
    • /
    • 2024
  • Internet of Things (IoT) integrated with the Blockchain is the state of the art for keen cultivation and agriculture. Recently the interest in agribusiness information is enlarging owing to the fact of commercializing the smart farming technology. Agribusiness information are known to be untidy, and experts are worried about the legitimacy of information. The blockchain can be a potential answer for the expert's concern on the uncertainty of the agriculture data. This paper proposes an Agri-Banana plant system using Blockchain integrated with IoT. The system is designed by employing IoT sensors incorporated with Hyperledger fabric network, aims to provide farmers with secure storage for preserving the large amounts of IoT and agriculture data that cannot be tampered with. A banana smart contract is implemented between farmer peer and buyer peer of two different organizations under the Hyperledger fabric network setup aids in secure transaction of transferring banana from farmer to buyer.

Strategic Business Values of the Blockchain Technology Market to Assist Professionals: Deployment Perspective

  • Waleed Rashideh
    • International Journal of Computer Science & Network Security
    • /
    • v.23 no.2
    • /
    • pp.210-226
    • /
    • 2023
  • It is difficult to transform a blockchain initiative from the feasibility stage to the fully commercialized the technology's products or services, especially considering the significant investment required and the lack of studies on the benefits and barriers from deployment perspective. Whereas some organizations have come up with their own solutions to moving beyond the feasibility stage, commercial applications do not yet exist and few organizations are willing to invest beyond the prototype phase and fill in the gap between the expected and actual business value of these types of projects. This study aims to develop a blockchain model using a survey to gather qualitative data on experts' opinions on the deployment of blockchain technology. Our model will measure how business professionals could take advantage of blockchain's disruptive technology to develop business opportunities. This study's contribution is to show blockchain technology's potential strategic business value. The findings from this exploration include the prospective for delivering comprehensions to businesses for different creating investment choices on the embracing of the blockchain technology.

Analysis of Blockchain Network and Cryptocurrency Safety Issues

  • Taegyu Lee
    • International journal of advanced smart convergence
    • /
    • v.12 no.3
    • /
    • pp.40-50
    • /
    • 2023
  • Blockchain is a technology designed to prevent tampering with digital documents or information, safeguarding transaction data and managing it in a structured manner. This proves beneficial in addressing issues of trust and data protection in B2B, B2C, and C2B transactions. Blockchain finds utility not only in financial transactions but also across diverse industrial sectors. This study outlines significant cases and responses that jeopardize the security of blockchain networks and cryptocurrency technology. Additionally, it analyzes safety and risk factors related to blockchain and proposes effective testing methods to preemptively counter these challenges. Furthermore, this study presents key security evaluation metrics for blockchain to ensure a balanced assessment. Additionally, it provides evaluation methods and various test case models for validating the security of blockchain and cryptocurrency transaction services, making them easily applicable to the testing process.

Blockchain for Securing Smart Grids

  • Aldabbagh, Ghadah;Bamasag, Omaimah;Almasari, Lola;Alsaidalani, Rabab;Redwan, Afnan;Alsaggaf, Amaal
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.4
    • /
    • pp.255-263
    • /
    • 2021
  • Smart grid is a fully-automated, bi-directional, power transmission network based on the physical grid system, which combines sensor measurement, computer, information communication, and automatic control technology. Blockchain technology, with its security features, can be integrated with Smart Grids to provide secure and efficient power management and transmission. This paper dicusses the deployment of Blockchain technology in Smart Grid. It presents application areas and protocols in which blockchain can be applied to in securing smart grid. One application of each area is explored in detail, such as efficient peer-to-peer transaction, lower platform costs, faster processes, greater flexibility in power generation to transmission, distribution and power consumption in different energy storage systems, current barriers obstructing the implementation of blockchain applications with some level of maturity in financial services but concepts only in energy and other sectors. Wide range of energy applications suggesting a suitable blockchain architecture in smart grid operations, a sample block structure and the potential blockchain technicalities employed in it. Also, added with efficient data aggregation schemes based on the blockchain technology to overcome the challenges related to privacy and security in the smart grid. Later on, consensus algorithms and protocols are discussed. Monitoring of the usage and statistics of energy distribution systems that can also be used to remotely control energy flow to a particular area. Further, the discussion on the blockchain-based frameworks that helps in the diagnosis and maintenance of smart grid equipment. We have also discussed several commercial implementations of blockchain in the smart grid. Finally, various challenges have been discussed for integrating these technologies. Overall, it can be said at the present point in time that blockchain technology certainly shows a lot of potentials from a customer perspective too and should be further developed by market participants. The approaches seen thus far may have a disruptive effect in the future and might require additional regulatory intervention in an already tightly regulated energy market. If blockchains are to deliver benefits for consumers (whether as consumers or prosumers of energy), a strong focus on consumer issues will be needed.

A Review of Concepts, Advantages and Pitfalls of Healthcare Applications in Blockchain Technology

  • Al-asmari, Aisha M.;Aloufi, Rahaf I.;Alotaibi, Youseef
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.5
    • /
    • pp.199-210
    • /
    • 2021
  • Recently, research in blockchain technology has grown in popularity. Most of these researches have pointed out designing and improving conceptual structures to create digital systems that are more secure, accessible, and effective. Although blockchain offers a wide range of advantages, it also has some pitfalls. This research aims to present an understanding of the properties of blockchain, the advantages, pitfalls, and applications based on blockchain technology. To achieve the goal of understanding blockchain technology concepts, a systematic literature review approach was introduced. 93 papers were chosen and reviewed in total. Therefore, this research provides a summary of recent studies that have been published in the field of blockchain. Moreover, we have created concept maps and tables that aid in a deep understanding of blockchain technology concepts and exhibit some of the blockchain applications. In blockchain-based applications, we focused on two areas, namely the Internet of Things (IoT) and healthcare.

Software Defined Networking and Network Function Virtualization for improved data privacy using the emergent blockchain in banking systems

  • ALRUWAILI, Anfal;Hendaoui, Saloua
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.8
    • /
    • pp.111-118
    • /
    • 2021
  • Banking systems are sensitive to data privacy since users' data, if not well protected, may be used to perform fake transactions. Blockchains, public and private, are frequently used in such systems thanks to their efficiency and high security. Public blockchains fail to fully protect users' data, despite their power in the accuracy of the transactions. The private blockchain is better used to protect the privacy of the sensitive data. They are not open and they apply authorization to login into the blockchain. However, they have a lower security compared to public blockchain. We propose in this paper a hybrid public-private architecture that profits from network virtualization. The main novelty of this proposal is the use of network virtualization that helps to reduce the complexity and efficiency of the computations. Simulations have been conducted to evaluate the performance of the proposed solution. Findings prove the efficiency of the scheme in reducing complexity and enhancing data privacy by guarantee high security. The contribution conducted by this proposal is that the results are verified by the centralized controller that ensures a correct validation of the resulted blockchains. In addition, computation complexity is to be reduced by profiting from the cooperation performed by the virtual agents.

Prospect Analysis for Utilization of Virtual Assets using Blockchain Technology

  • Jeongkyu Hong
    • Journal of information and communication convergence engineering
    • /
    • v.22 no.1
    • /
    • pp.64-69
    • /
    • 2024
  • Blockchain is a decentralized network in which data blocks are linked. Through a decentralized peer-to-peer network, users can create shared databases, resulting in a trustworthy and aggregated database known as a blockchain that enhances reliability and security. The distributed nature of the blockchain enables data to be stored on multiple nodes, eliminating the need for a central server or platform. This disintermediation significantly reduces the transaction and administrative costs. The blockchain is particularly valuable in applications where reliability and stability are critical because it establishes an open database that ensures data integrity, making it virtually impossible to tamper with or falsify data. This study explores the diverse applications of the blockchain technology in virtual assets, such as cryptocurrency, decentralized finance, central bank digital currency, nonfungible tokens, and metaverses. In addition, it analyzes the potential prospects and developments driven by these innovative technologies.

A COMPARATIVE STUDY ON BLOCKCHAIN DATA MANAGEMENT SYSTEMS: BIGCHAINDB VS FALCONDB

  • Abrar Alotaibi;Sarah Alissa;Salahadin Mohammed
    • International Journal of Computer Science & Network Security
    • /
    • v.23 no.5
    • /
    • pp.128-134
    • /
    • 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.

Improved Ad Hoc On-demand Distance Vector Routing(AODV) Protocol Based on Blockchain Node Detection in Ad Hoc Networks

  • Yan, Shuailing;Chung, Yeongjee
    • International Journal of Internet, Broadcasting and Communication
    • /
    • v.12 no.3
    • /
    • pp.46-55
    • /
    • 2020
  • Ad Hoc network is a special wireless network, mainly because the nodes are no control center, the topology is flexible, and the networking could be established quickly, which results the transmission stability is lower than other types of networks. In order to guarantee the transmission of data packets in the network effectively, an improved Queue Ad Hoc On-demand Distance Vector Routing protocol (Q-AODV) for node detection by using blockchain technology is proposed. In the route search process. Firstly, according to the node's daily communication record the cluster is formed by the source node using the smart contract and gradually extends to the path detection. Then the best optional path nodes are chained in the form of Merkle tree. Finally, the best path is chosen on the blockchain. Simulation experiments show that the stability of Q-AODV protocol is higher than the AODV protocol or the Dynamic Source Routing (DSR) protocol.