• Title/Summary/Keyword: ethereum

Search Result 123, Processing Time 0.02 seconds

Blockchain System for Academic Credit Bank System (학점은행제를 위한 블록체인 시스템)

  • Son, Ki-Bong;Son, Min-Young;Kim, Young-Hak
    • The Journal of the Korea Contents Association
    • /
    • v.20 no.5
    • /
    • pp.11-22
    • /
    • 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.

A Study on Smart Contract for Personal Information Protection (개인정보보호를 위한 스마트컨트랙트 연구)

  • Kim, Young-Hun
    • Journal of Digital Convergence
    • /
    • v.17 no.3
    • /
    • pp.215-220
    • /
    • 2019
  • The block chain technology is a technique that prevents manipulation of data and ensures integrity and reliability. Ethereum is building a smart contract environment as a type of encryptionenabled system based on block chains. Smart contracts can be implemented when conditions are met, thus increasing confidence in digital data. However, smart contracts that are being tried in various ways are not covered by information security and personal information protection. The structure in which the network participant can view the open transaction ledger is exposed to data or personal information listed in the block chain. In this study, it is possible to manage the data of personal information recorded in the block chain directly. This study is protected personal information by preventing the exposure of personal information and by executing time code, it is possible to erase recorded information after a certain period of time has elapsed. Based on the proposed system in the future, it is necessary to study the additional management techniques of unknown code defects or personal information protection.

Adaptive Load Balancing Algorithm of Ethereum Shard Using Bargaining Solution (협상 해법을 이용한 이더리움 샤드 부하 균형 알고리즘)

  • Baek, Dong Hwan;Kim, Sung Wook
    • KIPS Transactions on Computer and Communication Systems
    • /
    • v.10 no.4
    • /
    • pp.93-100
    • /
    • 2021
  • The Ethereum shard system for solving the scalability problem of the blockchain has a load balancing issue, which is modeled as a graph partitioning problem. In this paper, we propose an adaptive online weighted graph partitioning algorithm that can negotiate between two utility of the shard system using the game theory's bargaining solution. The bargaining solution is an axiomatic solution that can fairly determine the points of conflict of utility. The proposed algorithm was improved to apply the existing online graph partitioning algorithm to the weighted graph, and load balancing was performed efficiently through the design considering the situation of the sharding system using the extension of Nash bargaining solution, which is extended to apply solution to non-convex feasible set of bargaining problem. As a result of the experiment, it showed up to 37% better performance than typical load balancing algorithm of shard system.

A Study on the Blockchain-Based Insurance Fraud Prediction Model Using Machine Learning (기계학습을 이용한 블록체인 기반의 보험사기 예측 모델 연구)

  • Lee, YongJoo
    • Journal of Convergence for Information Technology
    • /
    • v.11 no.6
    • /
    • pp.270-281
    • /
    • 2021
  • With the development of information technology, the size of insurance fraud is increasing rapidly every year, and the method is being organized and advanced in conspiracy. Although various forms of prediction models are being studied to predict and detect this, insurance-related information is highly sensitive, which poses a high risk of sharing and access and has many legal or technical constraints. In this paper, we propose a machine learning insurance fraud prediction model based on blockchain, one of the most popular technologies with the recent advent of the Fourth Industrial Revolution. We utilize blockchain technology to realize a safe and trusted insurance information sharing system, apply the theory of social relationship analysis for more efficient and accurate fraud prediction, and propose machine learning fraud prediction patterns in four stages. Claims with high probability of fraud have the effect of being detected at a higher prediction rate at an earlier stage, and claims with low probability are applied differentially for post-reference management. The core mechanism of the proposed model has been verified by constructing an Ethereum local network, requiring more sophisticated performance evaluations in the future.

Fusion of Blockchain-IoT network to improve supply chain traceability using Ethermint Smart chain: A Review

  • George, Geethu Mary;Jayashree, LS
    • KSII Transactions on Internet and Information Systems (TIIS)
    • /
    • v.16 no.11
    • /
    • pp.3694-3722
    • /
    • 2022
  • In today's globalized world, there is no transparency in exchanging data and information between producers and consumers. However, these tasks experience many challenges, such as administrative barriers, confidential data leakage, and extensive time delays. To overcome these challenges, we propose a decentralized, secured, and verified smart chain framework using Ethereum Smart Contract which employs Inter Planetary File Systems (IPFS) and MongoDB as storage systems to automate the process and exchange information into blocks using the Tendermint algorithm. The proposed work promotes complete traceability of the product, ensures data integrity and transparency in addition to providing security to their personal information using the Lelantos mode of shipping. The Tendermint algorithm helps to speed up the process of validating and authenticating the transaction quickly. More so in this time of pandemic, it is easier to meet the needs of customers through the Ethermint Smart Chain, which increases customer satisfaction, thus boosting their confidence. Moreover, Smart contracts help to exploit more international transaction services and provide an instant block time finality of around 5 sec using Ethermint. The paper concludes with a description of product storage and distribution adopting the Ethermint technique. The proposed system was executed based on the Ethereum-Tendermint Smart chain. Experiments were conducted on variable block sizes and the number of transactions. The experimental results indicate that the proposed system seems to perform better than existing blockchain-based systems. Two configuration files were used, the first one was to describe the storage part, including its topology. The second one was a modified file to include the test rounds that Caliper should execute, including the running time and the workload content. Our findings indicate this is a promising technology for food supply chain storage and distribution.

Analysis of Memory Pool Jacquard Similarity between Bitcoin and Ethereum in the Same Environment (동일한 환경에서 구성된 비트코인과 이더리움의 메모리 풀 자카드 유사도 분석)

  • Maeng, SooHoon;Shin, Hye-yeong;Kim, Daeyong;Ju, Hongtaek
    • KNOM Review
    • /
    • v.22 no.3
    • /
    • pp.20-24
    • /
    • 2019
  • Blockchain is a distributed ledger-based technology where all nodes participating in the blockchain network are connected to the P2P network. When a transaction is created in the blockchain network, the transaction is propagated and validated by the blockchain nodes. The verified transaction is sent to peers connected to each node through P2P network, and the peers keep the transaction in the memory pool. Due to the nature of P2P networks, the number and type of transactions delivered by a blockchain node is different for each node. As a result, all nodes do not have the same memory pool. Research is needed to solve problems such as attack detection. In this paper, we analyze transactions in the memory pool before solving problems such as transaction fee manipulation, double payment problem, and DDos attack detection. Therefore, this study collects transactions stored in each node memory pool of Bitcoin and Ethereum, a cryptocurrency system based on blockchain technology, and analyzes how much common transactions they have using jacquard similarity.

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
    • /
    • v.32 no.4
    • /
    • pp.59-67
    • /
    • 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.

JSFlow: A Technique for Controlling Tasks Using Workflow Specification in a Blockchain-based Collaborative System (JSFlow : 블록체인 기반 협업 시스템에서의 워크플로우를 이용한 작업 제어 기법)

  • Eom, Hyun-Min;Yoon, Yeo-Guk;Lee, Myung-Joon
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
    • /
    • v.9 no.10
    • /
    • pp.763-774
    • /
    • 2019
  • A collaborative system supports collaboration among participants by providing functions such as group composition and management of data shared for collaboration. In recent years, research on collaborative services based on the blockchain technology has been done to guarantee the reliability of collaboration processes and outcomes. The diversity of the application domains in which collaborations are performed and the various characteristics of the participants in the collaboration group naturally leads to various forms of collaborative processes. In order for these processes to produce the desired outcome of the collaborative efforts, it is desirable to specify the appropriate collaborative process in advance, so that the participants can understand and agree on the process, carrying out the collaboration. In this paper, we propose a method to control flexible collaborative processes according to workflow specifications in the Ethereum-based collaborative service environment. The specification of the workflow for the designated task is stored in the Ethereum smart contract and the process of performing the task is controlled according to the stored workflow specification. For this, we introduce JSFlow which is a simple workflow specification method using JSON and an Ethereum library to utilize it.

The Volatility and Estimation of Systematic Risks on Major Crypto Currencies (주요 암호화폐의 변동성 및 체계적 위험추정에 대한 비교분석)

  • Lee, Jungmann
    • Journal of Information Technology Applications and Management
    • /
    • v.26 no.6
    • /
    • pp.47-63
    • /
    • 2019
  • The volatility of major crypto currencies was examined and they are diagnosed whether they have a systematic risk or not, by estimating market beta representing systematic risk using GARCH( Generalized Auto Regressive Conditional Heteroskedastieity) model. First, the empirical results showed that their prices are very volatile over time because of the existence of ARCH and GARCH effects. Second, in terms of efficiency, asymmetric GJR model was estimated to be the most appropriate model because the standard error of a market beta was less than that of the OLS model and GARCH model. Third, the estimated market beta of Bitcoin using GJR model was less than 1 at 0.8791, showing that there is no systematic risk. However, unlike OLS model, the market beta of Ethereum and Ripple was estimated at 1.0581 and 1.1222, showing that there is systematic risk. This result shows that bitcoin is less dangerous than Ripple and Ethereum, and ripple is the most dangerous of all three crypto currencies. Finally, the major cryptocurrency found that the negative impact caused greater variability than the positive impact, causing bad news to fluctuate more than good news, and therefore good news and bad news had a different effect on the variability.

A Study on the Blockchain 2.0 Ethereum Platform Analysis for DApp Development (DApp 개발을 위한 블록체인 2.0 이더리움 플랫폼 분석 연구)

  • Kim, Soon-Gohn
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
    • /
    • v.11 no.6
    • /
    • pp.718-723
    • /
    • 2018
  • In a positive Internet of Medical Things (IoMT) environment, by combining the latest computer network technology with IoT technology, remote health care such as health care and monitoring is improved through the provision of quality medical information services. In this paper, we identified and compared the platforms applied with blockchain and presented the results of developing the product distribution de-centralized DApp. In the process, we developed a distribution platform that can use blockchain technology to identify product fraud, manage data, manage customers' information, prevent forgery, track transaction history, and facilitate product transactions.