• Journal of the Korea Society of Computer and Information
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• v.26 no.3
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• pp.59-67
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• 2021

Blockchain technology began in 2008 when an unidentified person named Satoshi Nakamoto proposed a cryptocurrency called Bitcoin. Satoshi Nakamoto had distrust of the existing financial system and wanted to implement a financial system that is robust against hacking or mannipulation without a middleman such as a bank through blockchain technology. Satoshi proposed a blockchain as a technology to prevent the creation of the bitcoin and forging of transactions, and through this, the functions of issuance, transaction, and verification of currency were implemented. Since then, Ethereum, a cryptocurrency that can implement the smart contract on the blockchain, has been developed, allowing financial products that require complex contracts such as deposits, loans, insurance, and derivatives to be brought into the area of cryptocurrency. In addition, it is expanding the possibility of substituting products provided by financial institutions through combination with real assets. These applications are defined as Decentralized Finance (DeFi). This paper was prepared to understand the overall technical understanding of DeFi and to introduce the services currently in operation. First, the technologies and ecosystems that implement the overall DeFi are explained, and then the representative DeFi services are categorized by feature and described.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.24 no.6
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• pp.795-801
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• 2020

In the event of a fatal infectious disease in the country, it is very important that the government respond quickly and prevent the secondary infection of the people to prevent the subsequent spread of damage. However, in order to detect infectious diseases in existing medical institutions, and to reach the KCDCP(Korea Centers for Disease Control and Prevention) a total of four steps must be taken. In this paper, we simplifies the existing reporting process using the open blockchain. In addition, not only infectious disease related organizations share infectious disease information on the blockchain, but also grant access to the blockchain to ordinary citizens. By sharing information quickly and transparently revealing the process, we can add credibility to the response to the outbreak and official announcements. The public can also build efficient next-generation defense systems by checking information on the blockchain to prevent secondary infections.

• KIPS Transactions on Software and Data Engineering
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• v.11 no.7
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• pp.283-290
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• 2022

Blockchain is a technology that secures integrity and transparency by distributing and storing transaction details within multiple node networks. Recently, research is being conducted to secure integrity by applying blockchain to Bill of Lading (B/L documents) of monetary value. In this paper, we study a blockchain-based bill of lading system to improve usability. The shippers register the issued bill of lading on the blockchain, and banks in each country read it to conduct L/C transactions. The consignees receive the goods after completing certification with a quick response code (QR) containing the bill of lading information. Through this, shippers enjoy merits in that they can shorten the time and cost of sending shipping documents by mail and prove the integrity of the documents. The consignees have the advantage of being able to check the documents at the same time as they are registered and trust the transaction. Finally, on the bank side, the security of shipping documents is ensured and verification can be done quickly.

• Journal of Internet of Things and Convergence
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• v.9 no.2
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• pp.77-82
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• 2023

As the method of collecting and utilizing structured and unstructured data develops due to the influence of the Fourth Industrial Revolution, unwanted personal information data is also being collected and utilized, and hackers are attempting various attacks to steal information. As a result, the importance of information protection has increased, and various protection techniques have emerged, among which many studies have been conducted using decentralized techniques of blockchain and various algorithms to strengthen the security of biometric authentication techniques. This paper proposed a public blockchain biometric authentication system that allows users to protect their data in a safer biometric authentication method in the public blockchain and use it in the blockchain through signature with authenticated information.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.18 no.1
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• pp.185-194
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• 2018

This study investigates the limitations of blockchain technology and the ways to improve it by using Delphi technique. Limit factors and improvement measures are classified into technology, service, and legal system. First, from a technical point of view, lack of standardization of the technology, insufficiency of integration, lack of scalability, unclear cancellation or correction policy, excessive cost of transaction verification, insufficient personal information protection and not enough to respond to hacking defense were the limiting factors. In order to improve these, the followings; ensuring standardization, securing integration and scalability, establishing cancellation of each applicable data, establishment of correction policy, efficiency of verification cost, the protection of personal information and countermeasure against hacking are provided. The related technology development and countermeasures must be established to effectively introduce the blockchain technology to the market. Second, in the early stage of blockchain service, it showed lack of utilization of the blockchain, security threat, shortage of skilled workers, and lack of legal liability. As a solution to these problems, it is necessary to suggest various applications, against security threat, training professional manpower, and securing legal responsibility. It should also provide a foundation for providing institutionally stable services. Third, from as legal system point of view, inadequate legal compliance, lack of relevant regulation, and uncertainty in the regulation were the limiting factors. Therefore establishing a legal system, which is the most important area for activating the service, should be accompanied by the provision of legal countermeasures, clearness of regulations and measures to be taken by relevant governmental authorities. This study will contribute as a reference for a research, related to the blockchain.

• Journal of Digital Convergence
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• v.15 no.8
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• pp.203-212
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• 2017

The National Housing Bond Information Relay System is a representative financial information relay system in which institutions are connected with center system. A centralized structure is expensive to construct and operate center, and there is a problem that all networks are disconnected when a failure occurs in the center system. In this paper, we propose the national housing bond information relay system model based on Blockchain technology that can process information safely and efficiently. The proposed model constructs a Blockchain network so that each institution that processes the national housing bond information can transmit information safely, and each institution manages the same distributed ledge by a smart contract. The proposed model can reduce the cost because it can process complicated national housing bond transaction information without a relay center, and a network usage and disk usage decreased by 1.7% and 8.53%.

• Convergence Security Journal
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• v.21 no.2
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• pp.37-46
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• 2021

Decentralized Identifier (DID) technology is a technology that uses blockchain technology to prove an individual's identity through information owned by the individual rather than through a central system. In this paper, we would like to present an access control system using decentralized identifier technology. The access control system using decentralized identifier technology (DID access control system) is a system that allows users to verify their identity from the DID blockchain server through their smartphone (mobile employee ID) and access when they are confirmed to be registered in the access control system. Through this, access control can be managed only by verifying identification with smartphones (mobile employee ID) and DID blockchain servers without having to store information to prove an individual's identity in the access control system.

• Journal of Arbitration Studies
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• v.30 no.1
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• pp.87-111
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• 2020

Smart contracts are implemented by blockchain technology, which stores the terms of the contracts of both parties on the blockchain. In the event of an international dispute over smart contracts and blockchains, no special solution has been proposed, such as the enactment of the International Unification Act. The blockchain platform which operates smart contracts is decentralized and operates through distributed nodes around the world without central servers, making it difficult to establish jurisdiction and governing laws. As an alternative to traditional dispute-solving methods, a new mediation model-smart arbitration-is being attempted. The arbitration process is likely to be a preferred means of resolving disputes over smart contracts in practice. There are many problems, such as the fairness of the arbitration center on the selection and judgment of arbitrators, the question of securing reliability, the question of the validity of the arbitration agreement, and how much the court can be involved in the case. Preparations at the national level, such as fostering blockchains and smart contract experts, and overhauling the legal system, are needed.

• Journal of Information Processing Systems
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• v.15 no.3
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• pp.457-463
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• 2019

The blockchain and crypto currency has become one of the most essential components of a communication network in the recent years. Through communication networking, we browse the internet, make VoIP phone calls, have video conferences and check e-mails via computers. A lot of researches are being conducting to address the blockchain and crypto currency challenges in communication networking and provide corresponding solutions. In this paper, a diverse kind of novel research works in terms of mechanisms, techniques, architectures, and frameworks have been proposed to provide possible solutions against the existing challenges in the communication networking. Such novel research works involve thermal load capacity techniques, intelligent sensing mechanism, secure cloud computing system communication algorithm for wearable healthcare systems, sentiment analysis, optimized resources.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.12 no.12
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• pp.6057-6078
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• 2018

Smart home systems provide a safe, comfortable, and convenient living environment for users, whereby users enjoy featured home services supported by the data collected and generated by smart devices in smart home systems. However, existing smart devices lack sufficient protection in terms of data security and privacy, and challenging security and privacy issues inevitably emerge when using these data. This article aims to address these challenging issues by proposing a private blockchain-based access control (PBAC) scheme. PBAC involves employing a private blockchain to provide an unforgeable and auditable foundation for smart home systems, that can thwart illegal data access, and ensure the accuracy, integrity, and timeliness of access records. A detailed security analysis shows that PBAC could preserve data security against various attacks. In addition, we conduct a comprehensive performance evaluation to demonstrate that PBAC is feasible and efficient.