• Title/Summary/Keyword: Blockchain system

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Artificial Intelligence (AI) and Blockchain-based Online Payments in the Global World

  • Ahlam Alhalafi;Prakash Veeraraghavan;Dalal Hanna
    • International Journal of Computer Science & Network Security
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    • v.24 no.3
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    • pp.1-11
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    • 2024
  • Payment systems are evolving, and this study examines how blockchain and AI improve online transactional security and service quality. The study examines micro and macro payment systems, compares online, and offline methods all over the world. The study also examines how blockchain and AI affect payment system security, privacy, and efficiency globally and rapidly digitizing economy. Digital payment methods are growing all over the world with high literacy and digital engagement, but they face challenges. The research highlights cybersecurity threats and the need to balance user convenience and security. It suggests blockchain and AI improve online payment services, supporting the policies for different countries. In this extensive research survey, we compare and evaluate the strengths and weaknesses of various payment systems, their practicality, and their robustness. This study also examines how technological innovations and payment systems interact to reveal how blockchain and AI could transform the financial sector. It seeks to understand how technology-enhancing service quality can boost customer satisfaction and financial stability in the digital age. The findings should help policymakers, financial institutions, and technology developers optimize online payment systems for a more secure and efficient digital economy.

A Study on Global Blockchain Economy Ecosystem Classification and Intelligent Stock Portfolio Performance Analysis (글로벌 블록체인 경제 생태계 분류와 지능형 주식 포트폴리오 성과 분석)

  • Kim, Honggon;Ryu, Jongha;Shin, Woosik;Kim, Hee-Woong
    • Journal of Intelligence and Information Systems
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    • v.28 no.3
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    • pp.209-235
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    • 2022
  • Starting from 2010, blockchain technology, along with the development of artificial intelligence, has been in the spotlight as the latest technology to lead the 4th industrial revolution. Furthermore, previous research regarding blockchain's technological applications has been ongoing ever since. However, few studies have been examined the standards for classifying the blockchain economic ecosystem from a capital market perspective. Our study is classified into a collection of interviews of software developers, entrepreneurs, market participants and experts who use blockchain technology to utilize the blockchain economic ecosystem from a capital market perspective for investing in stocks, and case study methodologies of blockchain economic ecosystem according to application fields of blockchain technology. Additionally, as a way that can be used in connection with equity investment in the capital market, the blockchain economic ecosystem classification methodology was established to form an investment universe consisting of global blue-chip stocks. It also helped construct an intelligent portfolio through quantitative and qualitative analysis that are based on quant and artificial intelligence strategies and evaluate its performances. Lastly, it presented a successful investment strategy according to the growth of blockchain economic ecosystem. This study not only classifies and analyzes blockchain standardization as a blockchain economic ecosystem from a capital market, rather than a technical, point of view, but also constructs a portfolio that targets global blue-chip stocks while also developing strategies to achieve superior performances. This study provides insights that are fused with global equity investment from the perspectives of investment theory and the economy. Therefore, it has practical implications that can contribute to the development of capital markets.

Blockchain-based SCADA system security (블록체인 기반의 SCADA 시스템 보안)

  • Ji, Seungwon;Lee, Wongi;Ko, TaeGwang;Park, Sohee;Oh, Gooyeon;Kim, Jongmin;Kim, DongMin
    • Convergence Security Journal
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    • v.19 no.5
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    • pp.55-61
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    • 2019
  • This paper studied security measures to protect the SCADA network from the increasingly sophisticated threats. Currently, SCADA system security uses methods that are almost like regular IT security systems. While there may be some common security techniques, security techniques are needed only for SCADA systems that are different from typical IT systems. Therefore, this paper will explore the security techniques currently used in SCADA systems, and the problems that arise when the current security techniques are used will be identified through the damage cases resulting from attacks in SCADA systems. Finally, as a new solution to ensure the availability and integrity required for current SCADA systems, we proposed linking Blockchain and SCADA systems.

Music Source and Signature Storage Method using Blockchain and Distributed Storage System (블록체인 및 분산저장시스템을 활용한 음원 및 시그니쳐 저장 방법)

  • Lee, Kyoung-Sik;Kim, Sang-Kyun
    • Journal of Broadcast Engineering
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    • v.24 no.6
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    • pp.956-964
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    • 2019
  • In the age of personal media such as YouTube and Twitch, individual media content creation and consumption have become simpler. A huge amount of media content is created and consumed through platform services. In this regard, interest in copyright of media contents is increasing. In particular, the sound source is an indispensable element in almost all media contents production. In this paper, we propose a method to store the sound source and its signature using blockchain and distributed storage system to verify the copyright of music contents. We Identify the possibility of including the audio signature extraction result of the sound source as blockchain transaction data. Through experiments, we compare the input and output speed when the sound source and its signature are stored in the distributed storage system.

User-independent blockchain donation system

  • Sang-Dong Sul;Su-Jeong Lee
    • Journal of the Korea Society of Computer and Information
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    • v.28 no.11
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    • pp.113-123
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    • 2023
  • This paper introduces the Cherry system, a user-independent blockchain donation system. This is a procedure that is delivered to the beneficiary's bank account through a virtual account when a donor makes a donation, so there is no difference from the existing donation delivery method from the user's point of view However, within the blockchain, Cherry Points, a virtual currency based on the user ID, are issued and delivered to the beneficiary, while all transactions and the beneficiary's usage history are managed on the blockchain. By adopting this method, there was an improvement in blockchain performance, with transaction processing exceeding 1,000 TPS in typical transaction condition and service completion within 21.3 seconds. By applying the automatic influence control algorithm to this system, the influence according to stake, which is an individual donation, is greatly reduced to 0.3 after 2 months, thereby concentrating influence could be controlled automatically. In addition, it was designed to enable micro tracking by adding a tracking function by timestamp to the donation ledger for each individual ID, which greatly improved the transparency in the use of donations. From a service perspective, existing blockchain donation systems were handled as limited donation delivery methods. Since it is a direct service in a user-independent method, convenience has been greatly improved by delivering donations in various forms.

Blockchain-based new identification system (블록체인 기반 새로운 신원확인 체계)

  • Jung, Yong-Hoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.2
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    • pp.452-458
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    • 2021
  • The value and importance of personal information are increasing due to the increasing number of fields where the Internet environment and computing environment are used, and user authentication technology is also changing. Until now, accredited certificates, which are mainly used in the financial sector, are being replaced with biometric authentication technology due to the problem of revocation. However, another problem is that biometric information cannot be modified once it is leaked. Recently, with the advent of blockchain technology, research on user authentication methods has actively progressed. In this paper, both public certificate and blockchain-based user authentication can be used without system change, and a new DID issuance and reissuance method that can replace the resident registration number is presented. The proposed system can be used without restrictions in a blockchain. However, the currently used DID requires installation of an application at the Interworking Support Center for verification. Since a DID can be authenticated without registering as a member, indiscriminate information collection can be prevented. Security, convenience, and determinism are compared with the existing system, and excellence is proven based on various attack methods, its portability, and proxy use.

Development of Career Management System with Rewarding Policy Considering the Ethereum Blockchain Performance (이더리움 블록체인의 성능을 고려한 보상정책을 갖는 이력관리 시스템 개발)

  • Jung-Min Hong;Ye-Jin Kim;Yu-Jeong Kim;Hye-Jeong Park;Eun-Seong Kang;Hyung-Jong Kim
    • Journal of the Korea Society for Simulation
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    • v.32 no.4
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    • pp.59-67
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    • 2023
  • Private blockchains can apply enhanced security policies that allow only authorized users to participate in the blockchain network. In addition, when used in a career management system where the validity of an individual's career is important, it has the suitable characteristics in terms of information integrity. However, due to the excessive performance requirements of blockchain technology, identifying performance characteristics through simulation can be helpful in stable operation of the system. This paper presents research results that utilized performance evaluation results while constructing a career management system based on the Ethereum blockchain. The service not only serves as a portfolio that records personal career development activities, certification acquisition, and award results, but also provides a community function for career planning to strengthen employment competitiveness. In addition, we present how a compensation policy can be executed to encourage users to participate in career development through community activities. In particular, an appropriate compensation policy was derived by reviewing changes in performance characteristics in accordance with the transaction volume on Geth nodes.

Smart-Coord: Enhancing Healthcare IoT-based Security by Blockchain Coordinate Systems

  • Talal Saad Albalawi
    • International Journal of Computer Science & Network Security
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    • v.24 no.8
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    • pp.32-42
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    • 2024
  • The Internet of Things (IoT) is set to transform patient care by enhancing data collection, analysis, and management through medical sensors and wearable devices. However, the convergence of IoT device vulnerabilities and the sensitivity of healthcare data raises significant data integrity and privacy concerns. In response, this research introduces the Smart-Coord system, a practical and affordable solution for securing healthcare IoT. Smart-Coord leverages blockchain technology and coordinate-based access management to fortify healthcare IoT. It employs IPFS for immutable data storage and intelligent Solidity Ethereum contracts for data integrity and confidentiality, creating a hierarchical, AES-CBC-secured data transmission protocol from IoT devices to blockchain repositories. Our technique uses a unique coordinate system to embed confidentiality and integrity regulations into a single access control model, dictating data access and transfer based on subject-object pairings in a coordinate plane. This dual enforcement technique governs and secures the flow of healthcare IoT information. With its implementation on the Matic network, the Smart-Coord system's computational efficiency and cost-effectiveness are unparalleled. Smart-Coord boasts significantly lower transaction costs and data operation processing times than other blockchain networks, making it a practical and affordable solution. Smart-Coord holds the promise of enhancing IoT-based healthcare system security by managing sensitive health data in a scalable, efficient, and secure manner. The Smart-Coord framework heralds a new era in healthcare IoT adoption, expertly managing data integrity, confidentiality, and accessibility to ensure a secure, reliable digital environment for patient data management.

An Efficient and Transparent Blockchain-based Electronic Voting and Survey System (효율성과 투명성을 확보한 블록체인 기반 전자투표 및 설문조사 시스템)

  • Kim, HyeonA;Na, YeonJu;Lee, JaeYun;Jeong, YuRi;Kim, Hyung-Jong
    • Journal of the Korea Society for Simulation
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    • v.30 no.4
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    • pp.9-19
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    • 2021
  • Electronic voting has been recognized as an alternative to complement the limitations of existing paper voting. At the same time, security concerns are being raised. This paper presents a blockchain-based electronic voting and survey system that can guarantee reliability. Our smart contract was created using Solidity on Ethereum which is a blockchain-based distributed computing platform, and the system was implemented in connection with the Javascript based user interface. In addition, in order to protect the personal information of participants, the system is generating hash of the personal data and storing the hash of users for the contract data. Since we exploited different kinds of languages for the system, we derived items of functionality testing and presented the functionality testing result. Moreover, we made use of the Chrome's performance evaluation functionality to see the response time of the blockchain-based system. In addition, we compared the performance with the system which has the same functionality on database. The contribution of this research is design and implementation of blockchain-based electronic voting system and presentation of the functionality and performance simulation result.

Vehicle black box system with LINK blockchain (LINK 블록체인을 적용한 차량용 블랙박스 시스템)

  • An, Kyuhwang;Won, Taeyeon;Park, Sangmin;Jang, Kyoungbae;Seo, Hwajeong
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.23 no.8
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    • pp.1018-1023
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    • 2019
  • Since 2010, vehicle black boxes have become popular with many people, if there is no record of the vehicle accident scene, or if the offender deliberately deletes the image data, the victim succeeds. The biggest advantage of blockchain is that it is impossible to modify and delete data by data distribution storage. The biggest disadvantage is that sensitive data is also distributed. In this paper, we propose a blockchain method for the black box by using the advantage of shared block data and we intend to solve the problem of personal information leakage which is a disadvantage of blockchain by storing sensitive information stored in a blockchain in a private server by LINK blockchain with a private server. We also attached code(Github) and demonstration video(Youtube) linking LINK blockchain with the private server in this paper.