• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.12
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• pp.1685-1689
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• 2018

In this research, 51% attack or majority attack is becoming an important security issue for proof of work based blockchains. Due to decentralized nature of blockchains, any attacks that shutdowns the network or which take control over the network is hard to prevent and assess. In this paper, different types of majority attack are summarized and the motivations behind the attacks are explained. To show the feasibility of the majority attack, we build an example mining machines that can take control over two of the public blockchains, Vertcoin and Monero.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.25 no.11
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• pp.1676-1686
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• 2021

In this paper, we propose a general cross-chain solution based on the idea of modularity, abstraction, and layering, which decoupling the cross-chain function from the consensus algorithm and specific application logic, and utilize a Merkle proof to ensure the validity and legality of cross-chain operations. Since the underlying implementations of homogeneous and heterogeneous blockchains are different, we treat them separately. For homogeneous blockchains, we suggest a TCP-like cross-chain transport protocol (CCTP). While for heterogeneous blockchains, we present a method to construct the relay chain to realize the cross-chain function. The proposed scheme can enable the correct, effective, reliable, orderly, and timely transmission of cross-chain data. However, the essential difference between the operations within a single blockchain and the interoperability between different blockchains is that the trust domain is different. Cross-chain interoperation itself breaks the completeness of the blockchain, therefore, some efficiency and safety must sacrifice to trade-off.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2017.05a
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• pp.543-546
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• 2017

Recently, people are using the data analysis in order to follow the new trend in information and communication technology. Media plays an important role to expand the new issue in our society, especially affected to establish social awareness about science and technology. So, We find some major technologies (Machine Learning & Blockchains) of future communication and information based on the 200 news articles through two data analysis methods such as keyword analysis and sentiment analysis. We look forward this paper to constantly develop the technology of information and communication as the guiding frame of the new scientific world.

• Journal of Information Processing Systems
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• v.17 no.5
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• pp.989-1003
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• 2021

With the recent increase in the types of services provided by Internet companies, collection of various types of data has become a necessity. Data collectors corresponding to web services profit by collecting users' data indiscriminately and providing it to the associated services. However, the data provider remains unaware of the manner in which the data are collected and used. Furthermore, the data collector of a web service consumes web resources by generating a large amount of web traffic. This traffic can damage servers by causing service outages. In this study, we propose a website search engine that employs a system that controls user information using blockchains and builds its database based on the recorded information. The system is divided into three parts: a collection section that uses proxy, a management section that uses blockchains, and a search engine that uses a built-in database. This structure allows data sovereigns to manage their data more transparently. Search engines that use blockchains do not use internet bots, and instead use the data generated by user behavior. This avoids generation of traffic from internet bots and can, thereby, contribute to creating a better web ecosystem.

• International Journal of Computer Science & Network Security
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• v.21 no.8
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• pp.111-118
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• 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.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.16 no.8
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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.

• 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 Platform Technology
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• v.11 no.3
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• pp.32-44
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• 2023

A blockchain bridge (hereinafter referred to as "bridge") is a service that enables the transfer of assets between blockchains. A bridge accepts virtual assets from users and delivers the same virtual assets to users on other blockchains. Users use bridges because they cannot transfer assets to other blockchains in the usual way because each blockchain environment is independent. Therefore, the movement of assets through bridges is not traceable in the usual way. If a malicious actor moves funds through a bridge, existing asset tracking tools are limited in their ability to trace it. Therefore, this paper proposes a method to obtain information on bridge usage by identifying the structure of the bridge and analyzing the event logs of bridge requests. First, to understand the structure of bridges, we analyzed bridges operating on Ethereum Virtual Machine(EVM) based blockchains. Based on the analysis, we applied the method to arbitrary bridge events. Furthermore, we created an automated tool that continuously collects and stores bridge usage information so that it can be used for actual tracking. We also validated the automated tool and tracking method based on an asset transfer scenario. By extracting the usage information through the tool after using the bridge, we were able to check important information for tracking, such as the sending blockchain, the receiving blockchain, the receiving wallet address, and the type and quantity of tokens transferred. This showed that it is possible to overcome the limitations of tracking asset movements using blockchain bridges.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.13 no.8
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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.

• Journal of Korea Society of Digital Industry and Information Management
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• v.14 no.4
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• pp.17-26
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• 2018

Connected car plays an important role on Intelligent Transport System (ITS). ITS is able to secure drivers' convenience and safety, however, the overall system can be threatened by hacking attempt. Blockchain is one strong candidate of the remedy to promote the security of the ITS network. However, there will be many challenges to adopt previously proposed blockchain technologies to ITS. This work presents a new ITS structure based on blockchain technology. Proposed scheme includes three major layers. The first layer is central manager which is initiated once to register a certain connected car. The third layer is RSU (Road Side Unit) layer which exploits PoS (Proof of Stake) for consortium blockchains and retains real-time information. In addition, this layer performs block expiration based on timers to maintain manageable block length. In the second layer, the generated blocks of the third layer without expiration are housed as private blockchains. We finally demonstrate possible merits of newly proposed scheme.