• Journal of Convergence for Information Technology
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• v.10 no.10
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• pp.65-70
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• 2020

With the appearance of Bitcoin that builds peer-to-peer networks for transaction of digital content and issuance of cryptocurrency, lots of blockchain networks have been developed to improve transaction performance. Recently, Joseph Lubin discussed Decentralization Transaction per Second (DTPS) against alleviating the value of biased TPS. However, this Lubin's trust model did not enough consider a security issue in scalability trilemma. Accordingly, we proposed a trust metric based on blockchain size, stale block rate, and average block size, using a sigmoid function and convex optimization. Via numerical analysis, we presented the optimal blockchain size of popular blockchain networks and then compared the proposed trust metric with the Lubin's trust model. Besides, Bitcoin based blockchain networks such as Litecoin were superior to Ethereum for trust satisfaction and data volume.

• Journal of Digital Convergence
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• v.18 no.10
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• pp.253-263
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• 2020

Since the birth of the Ethereum in 2015, various decentralized applications (DApp) based on blockchain smart contract technology have appeared. However, CryptoKitty's case showed instability in terms of performance and scalability in real-world service environments. To solve this, a blockchain platform that developed a high transaction per second (TPS) has appeared, but there have been no environments and services to test it. Therefore, this paper intends to design and develop a game that can record the contents of all games on the chain and verify the performance and scalability of the blockchain platform through oversized transactions. The developed game generated a total of 6.3 million blocks and 8.9 million transactions through by 682 and verified the improved performance and scalability of the existing platform. Additionally, the maximum TPS was measured at 1,309 during the test period. In the future, it is expected that performance and scalability can be compared in a realistic environment through the method presented in this paper.

• Journal of Digital Convergence
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• v.18 no.4
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• pp.237-242
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• 2020

Online e-commerce management systems are gradually increasing, and transactions are made in various items. However, the reliability between sellers and buyers is very important in high-priced transactions such as automobiles when used transactions online. Nevertheless, in the existing used trading system, a device that prevents fraud or trusts the seller is insufficient. This paper developed a blockchain-based used transaction management system to improve the reliability that occurs during used transactions. We have improved the safety trading system by developing a trading management system for used cars with the highest amount of used cars in various fields. This system uses Ethereum-based smart contract to guarantee reliability without third party intervention. By designing the contracts required for used car trading by utilizing smart contracts, it was possible to reduce the effort and time of trading participants in the existing used car transactions, while enabling safe transactions. In addition, this system mitigated information asymmetry between buyers and sellers, and reduced and prevented brokerage fees in the distribution process without third parties.

• Journal of the Korea Society of Computer and Information
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• v.25 no.2
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• pp.113-122
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• 2020

In this paper, we propose the terminal authentication system using blockchain and TOTP(Time-based One-time Password Algorithm) to sustain a continuous authentication between user device and service device. And we experiment this system by using door-lock as a terminal of IoT(Internet of Things). In the future, we can apply this result to several devices of IoT for convenience and security. Although IoT devices frequently used everyday require convenience and security at the same time, it is difficult for IoT devices having features of the low-capacity and light-weight to apply the existing authentication technology requiring a high amount of computation. Blockchain technology having security and integrity have been used as a storage platform, but its authentication cannot be performed when the terminal cannot access any network. We show the method to solve this problem using Blockchain and TOPT.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.29 no.6
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• pp.1413-1424
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• 2019

Cryptocurrency has limitations to be used as an actual payment method due to the scalability problem of the blockchain consensus protocol, and various off-chain solutions to solve these limitations are being studied. In this paper, we design an efficient off-chain payment channel using one-way hash function and implement the designed payment channel using Ethereum smart contract. In addition, the experiment was conducted to measure and analyze execution time and cost for each method by deploying it in the same environment as the previously implemented plasma MVP. As a result, compared with plasma MVP, the proposed solution was able to reduce the total cumulative time by about 34% and reduce the overall execution cost by about 41%.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.28 no.4
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• pp.987-997
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• 2018

Blockchain has tamper-free, so many applications are developing to leverage tamper-free features of blockchain. MIT Media Labs proposed BlockCerts, educational certificate blockchain System, to solve problems of legacy certificate verifications. Existing educational certificate blockchain Systems are based on public blockchain such as bitcoin, Ethereum, so any entity can participate educational institute in principal. Moreover, the exisitng educational certricate blockchain system utilizes the integrity of blockchain, but the confidentiality of the educational certificate is not provided. This paper propose a digital certificate system based on private blockchain, name HyperCerts. Therefore, only trusted entity can participate in the private blockchain network, Hyperledger, as the issuer of digital certificate. Furthermore, the practical byzantine fault tolerance is used as consensus algorithm, HyperCerts reduce dramatically the latency of issuing digital certificate and required computing power. HyperCerts stores the hash value of digital certificate into the ledger, so breach of personal information by malicious entity in the private blockchain is protected.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.28 no.1
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• pp.5-14
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• 2018

With the advance of the 4th industrial revolution, Internet of Things (IoT) technology is actively being studied. In the era of the IoT, a decentralized operation is required to reduce load on servers and enable autonomous IoT data communication rather than focusing on centralized operation of being server client structures. This paper analyzes the security of a blockchain, a new form of distributed database platform that supports integrity and permanence of data. To achieve this, we divide the blockchain's major operations into a consensus process, network communication process, and key management process, and then describe possible attacks and countermeasures in each process. We also describe the attack occurred in typical cryptocurrency platforms such as Bitcoin and Ethereum.

• Journal of Industrial Convergence
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• v.16 no.1
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• pp.15-20
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• 2018

Along with the increase of internet shopping, crimes that exploited personal information on the invoice of goods are becoming more and more advanced and becoming more and more classified from the interception of goods through voice phishing attack, injury, sexual offense. Therefore, in order to guarantee the anonymity of the customer's delivery information, there is a need for a delivery tracking prevention system which keeps the route information of the product's destination secret among delivery companies. For this purpose, We suggest that delivery tracing protect model based smart contract for guaranteed anonymity to protect the anonymity by encrypting delivery information and by separation of payment and personal information using the anonymity technique of block chain-based cryptography. Our proposed model contributes to expansion of internet shopping based on block chaining by providing information about product sales to company and guaranteeing anonymity of customer's delivery information to customer.

• Journal of Convergence for Information Technology
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• v.9 no.10
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• pp.9-15
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• 2019

Recently, in the field of next-generation e-commerce and finance, interest in blockchain-based technologies such as Bitcoin and Ethereum is great. Although the security of blockchain technology is known to be secure, hacking incidents / accidents related to cryptocurrencies are being issued. The main causes were vulnerabilities in the external environment, such as taking over login sessions on cryptocurrency wallets, exposing private keys due to malware infection, and using simple passwords. However, private key management recommends general methods such as utilizing a dedicated application or local backup and physical archiving through document printing. In this paper, we propose a white box password-based private key protection scheme. As a result of safety and performance analysis, we strengthened the security against vulnerability of private key exposure and proved the processing efficiency of existing protocol.

• Journal of Digital Convergence
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• v.19 no.6
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• pp.233-238
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• 2021

Recently, blockchain technology accumulates and stores all transactions. Therefore, in order to verify the contents of all transactions, the data itself is compressed, but the scalability is limited. In addition, since a separate verification algorithm is used for each type of transaction, the verification burden increases as the size of the transaction increases. Existing blockchain cannot participate in the network because it does not become a block sink by using a server with a low specification. Due to this problem, as the time passes, the data size of the blockchain network becomes larger and it becomes impossible to participate in the network except for users with abundant resources. Therefore, in this paper, we are improved transaction as studied the zero knowledge proof algorithm for general operation verification. In this system, the design of zero-knowledge circuit generator capable of general operation verification and optimization of verifier and prover were also conducted.