• Title/Summary/Keyword: Blockchain Interoperability

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Surveillant: a supervision mechanism between blockchains for efficient cross-chain verification

  • Liang, Xinyu;Chen, Jing;Du, Ruiying;Zhao, Tianrui
    • 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.

A Proposal of Interoperability between Social Media and Blockchain-based Smart Contract System for Artwork Trading (예술품 거래를 위한 소셜 미디어와 블록체인 기반 스마트 계약 시스템의 연동 제안)

  • Lee, Eun Mi
    • Journal of the Korea Convergence Society
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    • v.11 no.2
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    • pp.109-116
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    • 2020
  • Social media is growing rapidly as a means of promoting artists' artworks and a channel for sales. However, since social media is not fundamentally a platform designed for trading, it has various limitations that make it difficult to ensure trust and security in carrying out transactions. In this paper, it is proposed interoperability between social media and blockchain-based smart contract system that can record and preserve the artist's profile, information related to artworks and details of the contract on the blockchain. The proposed interoperability allows artwork trading participants on social media to maintain mutual trust and to conduct the contract transparently. Also, the proposed interoperability consists of an API provided by the social media developer or an open source API without having to modify existing social media. This study is expected to contribute to the growth of the art trading market on social media by complementing the art trading practices on social media.

Research on Sharding Model for Enabling Cross Heterogeneous Blockchain Transactions (이기종 블록체인간 거래를 위한 샤딩모델 연구)

  • Hong, Sunghyuck
    • Journal of Digital Convergence
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    • v.19 no.5
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    • pp.315-320
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    • 2021
  • While blockchain platforms for various purposes have been developed and the blockchain ecosystem is being developed, interoperability problems are emerging in which each blockchain is isolated and operated. In this study, we introduce interchain and sidechain technologies, which are blockchain that connect blockchain, and explain examples of using heterogeneous blockchain transactions and functions by applying them. In addition, blockchain, artificial intelligence, and IoT technologies, which are drawing attention in the fourth industrial revolution, are going through a process of converging and developing beyond their own development. In this regard, we present processes for combining artificial intelligence or IoT in blockchain, and propose a model that can operate without intervention by applying the combination of blockchain and artificial intelligence IoT to processes for trading and exchange between heterogeneous blockchain.

A Fog-based IoT Service Interoperability System using Blockchain in Cloud Environment (클라우드 환경에서 블록체인을 이용한 포그 기반 IoT 서비스 상호운용 시스템)

  • Kim, Mi Sun;Park, Yong Suk;Seo, Jae Hyun
    • Smart Media Journal
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    • v.11 no.3
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    • pp.39-53
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    • 2022
  • Cloud of Things (CoT) can provide IoT applications with unlimited storage functions and processing power supported by cloud services. However, in a centralized cloud of things, it can create a single point of failure that can lead to bottleneck problems, outages of the CoT network. In this paper, to solve the problem of centralized cloud of things and interoperate between different service domains, we propose an IoT service interoperability system using distributed fog computing and blockchain technology. Distributed fog is used to provide real-time data processing and services in fog systems located at a geographically close distance to IoT devices, and to enable service interoperability between each fog using smart contracts and distributed ledgers of the blockchain. The proposed system provides services within a region close to the distributed fog entrusted with the service from the cloud, and it is possible to access the services of other fogs without going through the cloud even between fogs. In addition, by sharing a service right token issuance information between the cloud and fog nodes using a blockchain network, the integrity of the token can be guaranteed and reliable service interoperability between fog nodes can be performed.

A Study on the Interoperability of the International Customs Clearance System based on Blockchain for Railroad Non-Stop Passing System (국경 무정차 통과를 위한 블록체인 기반 국제 철도 통관 체계 상호운용방안 연구)

  • Sung Been Kim;Jong Un Won;Hee Sang Kim;Do Hoon Kim
    • Journal of the Korean Society of Systems Engineering
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    • v.19 no.1
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    • pp.1-13
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    • 2023
  • Transportation of goods by rail in border areas requires considerable time, money, and human resources. Therefore, in this study, a blockchain-based non-stop passing system is proposed to solve this problem. In this study, each transit station and train are designated as one network node, and the corresponding node participates in the blockchain network to record and verify data. In the process, we will design a blockchain network using Docker and design a network interface. Without changing the data and information generated in the existing legacy clearance system, it is possible to configure a blockchain network to ensure the integrity and reliability of the data and to minimize the consumption of time and human resources. The railroad non-stop passing system aims to change the existing legacy system to a blockchain-based non-stop passing system.

A Study on the elements of business model innovation of non-fungible token blockchain game : based on 'PlayDapp' case, an in-game digital asset distribution platform (대체불가능토큰(NFT)기반 블록체인 게임의 비즈니스모델 혁신요소 연구 : 게임 내 디지털 자산 유통 플랫폼 '플레이댑' 사례를 중심으로)

  • Choi, Sung-Wone;Lee, Sung-Mok;Koh, Joong-Eon;Kim, Hyun-Ji;Kim, Jeong-Soo
    • Journal of Korea Game Society
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    • v.21 no.2
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    • pp.123-138
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    • 2021
  • This study aims to empirically prove that blockchain games can provide business model innovations through interoperability among NFT based game items. Through our research on 'PlayDapp platform', we figured out that the technological innovation of blockchain games not only has provided a positive influence to the socio-economic and industrial ecosystem perspectives, but also it differentiates companies(game developers and platform providers in this eco-system) and increases customer benefits.

Blockchain Based Energy Trading Technology for the Community (커뮤니티형 블록체인 기반 에너지 거래 기술 동향)

  • Moon, Y.B.;Heo, T.W.;Lee, C.H.;Doh, Y.M.
    • Electronics and Telecommunications Trends
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    • v.35 no.6
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    • pp.97-106
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    • 2020
  • This article explains domestic and overseas technology trends as well as an energy trading architecture model that can safely execute energy power trading through blockchain in the community. There is a way to trade energy between homes as well as between homes and the public in the community, but there are currently no institutions that make this possible. However, our aim is to approach these power trading methods collectively through global technology related to blockchain. We try to solve the problems of energy trading using the blockchain technique. We discuss domestic and overseas technology trends in power trading using blockchain and introduce the power trading architecture for the community proposed by ETRI. We propose a framework that supports reliability and interoperability based on blockchain and develop scalable technology capable of supporting not only small-scale electricity trading but also medium-scale power trading.

CBDC System Design using Blockchain (블록체인 기반 CBDC 시스템 설계)

  • Han, Jungsu;Kim, Jeongheon;Woo, Jongsoo;Hong, James Won-Ki
    • KNOM Review
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    • v.24 no.2
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    • pp.1-12
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    • 2021
  • Recently, research on CBDC (Central Bank Digital Currency) has been actively conducted for various reasons by countries around the world. In addition, with the dazzling development of blockchain technology, blockchain technology is being adopted in CBDC. In this paper, we propose a blockchain-based CBDC system that can be effectively used in the traditional banking system. We also analyze the requirements of CBDC and suggest ways to commercialize CBDC. We present a system design and implementation method, especially in terms of compatibility, interoperability, and privacy.

Blockchain Revolution in Healthcare : The Era of Patient-centered Dental Information System

  • Kho, Wookyun
    • International Journal of Oral Biology
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    • v.43 no.1
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    • pp.1-3
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    • 2018
  • Blockchain is at the center of attention recently and it is expected to have a huge impact on healthcare industry including dentistry as well. Blockchain is a fundamental technology behind Bitcoin and itis all about decentralization, security, reliability, and transparency. These characteristics of the technology empower it to disrupt the current healthcare industry in innumerable practices such as supply chain management in pharmaceuticals to prevent the counterfeited medicine, clinical trials to guarantee transparency, healthcare information exchanges or personal health record systems to ensure data integrity and interoperability, etc. It will surely revolutionize the way the current healthcare system works; from provider-oriented to patient-centered. Hence, it is time to seriously consider how we could be a part of this blockchain revolution in dentistry.

A Study of How Blockchain Technology is Applied to Trade Finance and Its Challenges (블록체인 기술의 무역금융 적용과 과제에 관한 연구)

  • Yun-Seok Hur;Jong-il Moon
    • Korea Trade Review
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    • v.47 no.6
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    • pp.269-289
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    • 2022
  • The COVID-19 pandemic has disrupted supply chains across the world. When the pandemic broke out, the disruptions were mainly due to the lockdowns imposed in various countries. The WTO has predicted that the pandemic might cause world trade to decline by 13 to 32 per cent in 2020. This paper will examine the implications of COVID-19 on digital trade, particularly the use of blockchain in the Asia Pacific. The Asia Pacific (particularly Singapore and Hong Kong) is a leader in the use of digital technologies. This paper will thus attempt to draw out lessons from the first movers for the rest of Asia. It will examine the bottlenecks in the application of this technology in the Asia Pacific countries, and the need for regulatory changes in the Asia-Pacific. It will trace the technology's barriers to adoption, both as regards interoperability, and regulatory framework. The advantages of blockchain technology in trade finance are clear; it can promote trade efficiency, mitigate risk and expand trade to other regions. However, earlier efforts to introduce digital technologies have failed. More collaborative efforts are required, so that networks can connect seamlessly on a single technology platform, and meet the demand for trade finance. The COVID-19 pandemic seems to have provided an enabling environment for the intensification of digital efforts, increasing their urgency; should these measures indeed successfully occur, they will improve the resiliency of supply chains across the region.