• Journal of the Korea Institute of Information Security & Cryptology
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• v.28 no.6
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• pp.1319-1328
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• 2018

A blockchain system developed for crypto-currency has attractive characteristics, such as de-centralization, distributed ledger, and partial anonymity, making itself adopted in various fields. Among those characteristics, partial anonymity strongly assures privacy of users, but side effects such as abuse of crime are also appearing, and so countermeasures for circumventing such abuse have been studied continuously. In this paper, we propose a machine-learning based method for classifying smart contracts in Ethereum regarding their functions and design patterns and for identifying user behaviors according to them.

• The Korean Journal of Archival Studies
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• no.59
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• pp.47-78
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• 2019

With the rapid changes in the digital technology, it is necessary to shift to a new paradigm corresponding to the changing environment was recognized. This study actively explores the possibility of applying new technologies for recordkeeping. This study aimed to investigate the applicability of blockchain to recordkeeping and to develop a new model for recordkeeping based on it. Through a conceptual analysis of blockchain and consideration of the recordkeeping process, a blockchain model that is suitable for the authentication of records was proposed. For this the network structure, the structure of blockchain blocks, a consensus algorithm, and recordkeeping blockchain model were designed. It also predicted potential changes in digital records management when applying blockchain. It predicted change in governance aspects to implement a horizontal cooperation system among the archives.

• STI Policy Review
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• v.9 no.1
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• pp.133-157
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• 2018

The divide between the "digital" economy and the traditional "physical" economy is outdated. In fact, we are in a transition to a singular economy. This paper classifies economic objects (including actors) as either physical or virtual and argues that due to emerging technologies, these objects are interacting with each other in both physical and increasingly digital spheres in tandem. This paper recognizes the elemental difference between atoms and bytes but argues that physical and digital economic activities are becoming inseparably intertwined. Furthermore, arbitrarily dividing the economy into two categories - one "physical" and the other "digital" - distorts the overall view of the actual execution of economic activity. A wide range of innovations emerging concurrently is fueling the transition to a singular economy. Often referred to as the elements of the Fourth Industrial Revolution (4IR), four emerging technological areas are reviewed here: distributed ledger technology, artificial intelligence/machine learning/data sciences, biometrics and remote sensor technologies, and access infrastructure (universal internet access/electricity/cloud computing). The financial services sector is presented as a case study for the potential impact of these 4IR technologies and the blurring physical/digital line. To reach the potential of these innovations and a truly singular economy, it requires the concurrent development of social, organizational, and regulatory innovations, though they lag in terms of technological progress thus far.

• Asia pacific journal of information systems
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• v.30 no.1
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• pp.21-30
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• 2020

Bitcoin (BTC) is a type of cryptocurrency that supports transaction/payment of virtual money between BTC users without the presence of a central authority or any third party like bank. It uses some cryptographic techniques namely public- and private-keys, digital signature and cryptographic-hash functions, and they are used for making secure transactions and maintaining distributed public ledger called blockchain. In BTC system, each transaction signed by sender is broadcasted over the P2P (Peer-to-Peer) Bitcoin network and a set of such transactions collected over a period is hashed together with the previous block/other values to form a block known as candidate block, where the first block known as genesis-block was created independently. Before a candidate block to be the part of existing blockchain (chaining of blocks), a computation-intensive hard problem needs to be solved. A number of miners try to solve it and a winner earns some BTCs as inspiration. The miners have high computing and hardware resources, and they play key roles in BTC for blockchain formation. This paper mainly analyses the underlying cryptographic techniques, identifies some weaknesses and proposes their enhancements. For these, two modifications of BTC are suggested ― (i) All BTC users must use digital certificates for their authentication and (ii) Winning miner must give signature on the compressed data of a block for authentication of public blocks/blockchain.

• The Journal of the Korea Contents Association
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• v.20 no.5
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• pp.11-22
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• 2020

The academic credit banking system is an educational system to implement a lifelong learning society. Students who meet the requirements of this system can achieve academic degrees equivalent to those of junior colleges or four-year universities. Credits and degree information of these students are recorded and managed by the central institution. However, this system can cause security problem such as hacking due to centralized management. In this paper, we propose an academic credit banking system which can manage credits and degree information based on blockchain technology. In the proposed system, credits and degree information are stored in block and managed in the public ledger in a permanent manner. Blocks are connected in the form of blockchain on a distributed network to improve security problems such as hacking and manipulation. Also, the efficiency of credit bank management can be increased because the functions of the central institution are distributed to the network participants. The prototype of the proposed system was implemented on the Go-Ethereum platform and experimentally verified the blockchain information among participating organizations using smart contracts.

• 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%.

• Journal of the Korea Society of Computer and Information
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• v.25 no.4
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• pp.47-53
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• 2020

Blockchain is a distributed shared ledger that transparently manages information through verification and agreement between nodes connected to a distributed network. Recently, cases of data management among authorized agencies based on private blockchain are increasing. In this paper, we investigated the application cases and technical processes of PBFT, the representative consensus algorithm of private blockchain, and proposed a modified PBFT algorithm that enables efficient consensus by simplifying duplicate verification and consensus processes that occur during PBFT processing. The algorithm proposed in this paper goes through the process of selecting a delegation node through an authoritative node and can increase the safety of the delegation node selection process by considering an efficient re-election algorithm for candidate nodes. By utilizing this research, it is possible to reduce the burden on the network communication cost of the consensus process and effectively process the final consensus process between nodes.

• Journal of the Korea Society of Computer and Information
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• v.28 no.1
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• pp.79-86
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• 2023

Construction is one of the oldest fields of providing human living comfort. However, despite the continuous development not only in IT but also in other fields, productivity degradation due to low automation is still serious. In particular, the use of the 4th industrial revolution technologies in construction is just beginning. Blockchain, which is one of the 4th industrial revolution technologies, is a type of a distributed database that is used to replicate, share, and synchronize data spread across different geographical locations, such as multiple sites, countries, or organizations. In this paper, we introduce the block chain and analyze use cases according to seven themes in construction. As a result of the analysis, it is expected to increase the understanding of blockchain in construction and provide usefulness for the development of various services in the future.

• Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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• v.8 no.3
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• pp.895-905
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• 2018

Public opinion polls have a strong influence on modern society as a means of examining the tendency of social groups on specific issues. As the influence of the polls increases, the problem of forgery and falsification of the results becomes an important issue. So, to guarantee the reliability of the results, our society needs novel mechanisms. As one of such mechanisms, the Ethereum blockchain is an environment for developing decentralized applications with the reliable blockchain technology. Ethereum decentralized applications can utilize smart contracts to provide services for users in transparent and reliable ways. In this paper, we propose a polling method that guarantees reliability using the blockchain technology, which is a distributed ledger technique that makes forgery or falsification actually impossible. The proposed method provides a robust verification function on the results of the associated polls for individual voters and verification organizations. Also, we present a distributed opinion polling application running on our private Ethereum blockchain network, showing the effectiveness of the proposed method.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2018.05a
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• pp.114-115
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• 2018

Recently in Bitcoin raising a social issue is sometimes called a horizontal and decentralized digital virtual currency utilizing the Blockchain technology such as a type of password currency. On the other hand, the Blockchain, which is a distributed ledger shared on P2P networks and it was first used in Bitcoin. These technologies are regarded as technologies that can be applied diversely in other fields, and are attracting high social interest. Looking at recent trends in the virtual currency market such as Bitcoin, price movements have increased since the Japanese government approved the virtual currency as a means of settlement last year. Therefore, we try to present theoretical practical suggestion through the viewpoint of the Blockchain technology which is core technology of Bitcoin based on innovative technology.