• Journal of Information Processing Systems
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• v.20 no.1
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• pp.85-92
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• 2024

In recent years, Bitcoin and Ethereum have witnessed a surge in trading activity, driven by venture capital investment and funding through initial coin offerings (ICOs) and initial exchange offerings (IEOs). This heightened interest has led to kickstarting a vibrant ecosystem for blockchain development. The total number of cryptocurrencies listed on CoinMarketCap.com has reached 2,274 highlights how dynamic and wide blockchain development landscape has grown. In blockchain development, new blockchain projects are being created by forking blockchains inspired by major cryptocurrencies such as Bitcoin and Ethereum. These projects aim to address the perceived shortcomings and improve existing technologies. Altcoins, representing these alternative cryptocurrencies, are an ongoing industry effort to improve performance and security with enhancement proposals such as Bitcoin Improvement Proposals (BIP), Ethereum Improvement Proposals (EIP), and EOSIO Enhancement Proposals (EEP). With competitive attempts to improve blockchain performance and security, an ongoing performance race between various blockchains has taken shape, each claiming its own performance advantages. In this paper, we describe the transactions contained in the blocks of each representative blockchain, and find the factors that affect the transactions per second (TPS) through transaction processing and block generation processes, and suggest their relationship with scalability.

• Journal of Convergence for Information Technology
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• v.9 no.9
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• pp.44-51
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• 2019

Recently, various platforms utilizing blockchains have appeared. In order to develop the blockchain, it is required to improve related laws and institutions. In this respect, we analysis of the laws and systems related to domestic blockchains, draw out the limitations, and suggest directions for improvement. The research method was analyzed the literature and related laws through literature review. It is difficult to analyze the whole law and system at one time, so we examined the necessary laws and systems to revitalize the blockchain. It is confirmed that legal improvement is needed on the scope of electronic transactions and electronic financial transactions, electronic commerce, digital signatures, import and export, personal information protection, blockchain industry promotion and research. Through this, we expect a balanced development of effective blockchain revitalization and protection of national fundamental rights. Individual studies on the legal provisions and systems for each item in the future can be conducted.

• Journal of Digital Convergence
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• v.17 no.10
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• pp.67-75
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• 2019

As 4th industrial revolution has emerged as a hot topic, the blockchain technology capable of enabling super intelligence as a premiere has been an attracting attention. With the interest in blockchains, various platforms using blockchains are emerging. Reflecting this trend, several countries including US, EU, China, and Japan are preparing blockchain and related laws or amending existing laws. In Korea, the platform business based on blockchain is being done, but the related laws are insufficient. In this study, we first present the legal system of the blockchain, examine each component, and then compare the current state of the legal system in US, EU, China, and Japan based on the blockchain legal system. Finally, we propose a brief improvement plan of the legal system for industrial development by commercialization of blockchain. In the future, we would like to study the individual legal system about the blockchain.

• Journal of Industrial Convergence
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• v.18 no.6
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• pp.147-154
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• 2020

It is difficult to educate the overall operation of public and private blockchains with different characteristics. Recently, most education for blockchain is targeted at public blockchains such as Bitcoin and Ethereum. However, in an actual business environment, a private blockchain such as HyperLedger Fabric is used because access to corporate data is controlled through user authentication. In the case of HLF-based education, it is necessary to understand various components that are not in the public blockchain, such as peers, orderers, and channels. In this paper, a lab framework for HLF is designed for an efficient and systematic understanding of the functions and operations. The framework consists of HLF network, chaincode, and decentralized software control functions. Through the framework, the network configuration, distribution and activation of chaincode, and dApp execution process were checked step by step, and it was very easy to understand the overall flow for blockchain services. In addition, it is expected that a systematic understanding of the overall flow will be possible even in future network expansion.

• International Journal of Computer Science & Network Security
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• v.23 no.10
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• pp.147-156
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• 2023

Electronic voting machines (EVMs) are replacing research ballots due to the errors involved in the manual counting process and the lengthy time required to count the votes. Even though these digital recording electronic systems are advancements, they are vulnerable to tampering and electoral fraud. The suspected vulnerabilities in EVMs are the possibility of tampering with the EVM's memory chip or replacing it with a fake one, their simplicity, which allows them to be tampered with without requiring much skill, and the possibility of double voting. The vote data is shared among all network devices, and peer-to-peer verification is performed to ensure the vote data's authenticity. To successfully tamper with the system, all of the data stored in the nodes must be changed. This improves the proposed system's efficiency and dependability. Elections and voting are fundamental components of a democratic system. Various attempts have been made to make modern elections more flexible by utilizing digital technologies. The fundamental characteristics of free and fair elections are intractability, immutability, transparency, and the privacy of the actors involved. This corresponds to a few of the many characteristics of blockchain-like decentralized ownership, such as chain immutability, anonymity, and distributed ledger. This working research attempts to conduct a comparative analysis of various blockchain technologies in development and propose a 'Blockchain-based Electronic Voting System' solution by weighing these technologies based on the need for the proposed solution. The primary goal of this research is to present a robust blockchain-based election mechanism that is not only reliable but also adaptable to current needs.

• Proceedings of the Korea Information Processing Society Conference
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• 2019.05a
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• pp.52-55
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• 2019

최근 여러 블록체인 플랫폼에서 잇따라 51% 공격에 대한 소식이 들려 옴에 따라 새로운 블록체인의 필요성이 부각되고 있다. 그중 Hashgraph 는 기존의 블록체인과 다르게 블록단위가 아닌 이벤트 즉, 블록에 기록되는 트랜잭션 그 자체로 체인이 구성되는 메커니즘을 가지고 있기 때문에 차세대 블록체인으로 대두되고 있다. 그러나 트랜잭션 단위로 Hash 또는 Hash 검증을 수행하기 때문에 연산 량이 기하급수적으로 늘어나며, 검증 또는 합의에 소요되는 시간이 상당하다. 본 논문에서는 이를 해소하기 위해 Verifiable Random Function 을 이용하여, Hash 에 대한 검증 절차와 연산 량을 감소하여 최종적으로 합의에 소요되는 시간을 단축하는 방법에 대해 제시한다.

• Electronics and Telecommunications Trends
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• v.37 no.1
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• pp.63-72
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• 2022

Recently, blockchain has been attracting attention as a high-reliability technology in various fields. However, the Proof-of-Work-based distributed consensus algorithm applied to representative blockchains, such as Bitcoin and Ethereum, has limitations in applications to various industries owing to its excessive resource consumption and performance limitations. To overcome these limitations, various distributed consensus algorithms have appeared, and recently, hybrid distributed consensus algorithms that use two or more consensus algorithms to achieve decentralization and scalability have emerged. This paper introduces the technological trends of the latest high-performance distributed consensus algorithms by analyzing representative hybrid distributed consensus algorithms.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.20 no.2
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• pp.1-11
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• 2020

As an important basic building block of the smart grid environment, smart meter provides real-time electricity consumption information to the utility. However, ensuring information security and privacy in the smart meter data aggregation process is a non-trivial task. Even though the secure data aggregation for the smart meter has been a lot of attention from both academic and industry researchers in recent years, most of these studies are not secure against internal attackers or cannot provide data integrity. Besides, their computation costs are not satisfactory because the bilinear pairing operation or the hash-to-point operation is performed at the smart meter system. Recently, blockchains or distributed ledgers are an emerging technology that has drawn considerable interest from energy supply firms, startups, technology developers, financial institutions, national governments and the academic community. In particular, blockchains are identified as having the potential to bring significant benefits and innovation for the electricity consumption network. This study suggests a distributed, privacy-preserving, and simple secure smart meter data aggregation system, backed up by Blockchain technology. Smart meter data are aggregated and verified by a hierarchical Merkle tree, in which the consensus protocol is supported by the practical Byzantine fault tolerance algorithm.

• KIPS Transactions on Software and Data Engineering
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• v.9 no.11
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• pp.332-338
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• 2020

The blockchain contains potential to contribute for the development of education, teaching and learning as it provides the basic technologies which can handle the data transparently and stably in reliability. Especially, blockchain technology can guarantee the transparency, stability and reliability on the data especially in managing longitudinal education data. This study designed the Badgechain service platform combining badges and blockchains. This service consists of Badgechain solution, Moodle LMS linked to Badgechain added with Badgechain service as a learning activity, and Badgechain Wallet site where badges issued by various agencies can be viewed and managed. This study was performed as a basic study on educational use of blockchain.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.11 no.8
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• pp.3766-3788
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• 2017

A blockchain is an underlying technology and basic infrastructure of the Bitcoin system. At present, blockchains and their applications are developing rapidly. However, the basic research of blockchain technology is still in the early stages. The efficiency and reliability of blockchain communication is one of the research problems that urgently need to be studied and addressed. Existing algorithms may be less feasible for blockchain-based communication because they only consider a single communication factor (node communication capability or node trust degree) and only focus on a single communication performance parameter(communication time or communication reliability). In this paper, to shorten the validation time of blockchain transactions and improve the reliability of blockchain-based communication, we first establish a multi-link concurrent communication model based on trust degree, and then we propose a novel integrated factor communication tree algorithm (IFT). This algorithm comprehensively considers the node communication link number and the node trust degree and selects several nodes with powerful communication capacity and high trust as the communication sources to improve the concurrency and communication efficiency. Simulation results indicate that the IFT algorithm outperforms existing algorithms. A blockchain communication routing scheme based on the IFT algorithm can increase communication efficiency by ensuring communication reliability.