• Title/Summary/Keyword: Public Blockchain

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Efficiency Analysis of Chinese Blockchain Concept Stock Listed Companies

  • Yan, Hai-Shui;Kim, Hyung-Ho;Yang, Jun-Won
    • International journal of advanced smart convergence
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    • v.9 no.3
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    • pp.17-27
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    • 2020
  • With the continuous development and application of Internet technology, in recent years, new technologies such as cloud computing, big data, the Internet of Things, and AI are becoming more and more familiar to the general public. The development of a digital society has entered a new period of development. In this paper, we used on the 2018 annual data of 50 listed companies with blockchain concept stocks in China. Using data envelopment analysis (DEA) to study and analyze the input-output efficiency, it can be concluded that the input-output efficiency of 50 listed companies is very different. Inefficient companies are as high as 62%. Most companies have a large room for improvement in input-output efficiency due to uneconomical scale or inefficient technology. In order to better improve the company's input-output efficiency, one must improve the efficiency of resource utilization, optimize the company's research and development costs and the input and management of technical personnel; the second is to increase technological innovation and business innovation.

Problem Analysis to Secure Stability of Bitcoin (비트코인에 대한 안정성 확보를 위한 문제점 분석)

  • Choi, Heesik;Cho, Yanghyun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.13 no.3
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    • pp.1-9
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    • 2017
  • Recently, Bitcoin which is digital currency and cryptocurrency is getting worldwide attention since Bitcoin has an ability to replace legal tender unlike other existing cyber currency. Especially, most Bitcoin trading is done between two traders such as P2P method and it does not require a third-party to make sure reliability and it records every transaction details, so it is more transparent then traditional financial trade, so the number of users is increasing. However, Bitcoin, which has been recognized for transparency, confidentiality and stability among traders has recently been threatened by illegal transactions such as money laundering and the attack on the exchange. These threats to Bitcoin are becoming social problems. At first, it seems that most of the digital currency is difficult to get hacked due to the Blockchain technology. However, threats such as digital money leaks by user account hacking and paralyzing the servers are increasing. In this paper, it will examine the features of the Bitcoin and the threatening elements to secure marketability of digital currency such as Bitcoin and receive more interest from public in domestic. The paper will examine the problems of Blockchain technology on speculative transactions and fraudulent behavior by analyzing the problems of Bitcoin transaction. Lastly, it will propose ways to make transparent and secure digital currency transactions.

Blockchain-Assisted Trust Management Scheme for Securing VANETs

  • Ahmed, Waheeb;Wu, Di;Mukathie, Daniel
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.16 no.2
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    • pp.609-631
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    • 2022
  • The main goal of VANETs is to improve the safety of all road users. Therefore, the accuracy and trustworthiness of messages transmitted in VANETs are essential, given that life may rely on them. VANETs are provided with basic security services through the use of public key infrastructure-based authentication. However, the trust of users is still an open issue in VANETs. It is important to prevent bogus message attacks from internal vehicles as well as protect vehicle privacy. In this paper, we propose a trust management scheme that ensures trust in VANETs while maintaining vehicle privacy. The trust scheme establishes trust between vehicles where a trust value is assigned to every vehicle based on its behavior and messages are accepted only from vehicles whose trust value is greater than a threshold, therefore, protecting VANETs from malicious vehicles and eliminating bogus messages. If a traffic event happens, vehicles upload event messages to the reachable roadside unit (RSU). Once the RSU has confirmed that the event happened, it announces the event to vehicles in its vicinity and records it into the blockchain. Using this mechanism, RSUs are prevented from sending fake or unverified event notifications. Simulations are carried out in the context of bogus message attacks to evaluate the trust scheme's reliability and efficiency. The results of the simulation indicate that the proposed scheme outperforms the compared schemes and is highly resistant to bogus message attacks.

A Study on An Enhancement Scheme of Privacy and Anonymity through Convergence of Security Mechanisms in Blockchain Environments (블록체인 환경에서 보안 기법들의 융합을 통한 프라이버시 및 익명성 강화 기법에 대한 연구)

  • Kang, Yong-Hyeog
    • Journal of the Korea Convergence Society
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    • v.9 no.11
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    • pp.75-81
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    • 2018
  • Anonymity and privacy issues are becoming important as all transactions in the blockchain are open to users. Public blockchains appear to guarantee anonymity by using public-key addresses on behalf of users, but they can weaken anonymity by tracking with various analytic techniques based on transaction graph. In this paper, we propose a scheme to protect anonymity and privacy by converging various security techniques such as k-anonymity, mixing, blind signature, multi-phase processing, random selection, and zero-knowledge proof techniques with incentive mechanism and contributor participation. Through performance analysis, our proposed scheme shows that it is difficult to invade privacy and anonymity through collusion attacks if the number of contributors is larger than that of conspirators.

A research on the Local Currency Model Considering Regional Characteristics : Focused on Innovation Cities in Korea

  • Park, Jae-Hong;Song, In-Bang
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.2
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    • pp.157-167
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    • 2021
  • This research strives to find the effective Local Currency Model that considered regional characteristics of Innovation city. Currently, the issuance of the domestic local currency has been increased due to COVID-19 Pandemic, yet most regions operate it in the same way without consideration of the characteristics and environment for each region, which leads to a lack of motivation for local communities to continue to participate. The regional characteristics of innovative cities were analyzed in order of policy characteristics of innovation cities, population growth issues, settlement and consumption environment. The new local currency model was proposed for innovation cities based on a private blockchain system with the participation of public institutions to solve and supplement regional issues.

Strengthening security structure of open Blockchain platform to enhance privacy protection of DApp users (DApp 사용자의 프라이버시 보호 강화를 위한 공개형 블록체인 플랫폼 보안구조 강화방안)

  • Hwang, Seonjin;Ko, DongHyun;Bahk, Taeu;Choi, Yoon-ho
    • Journal of Internet Computing and Services
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    • v.21 no.3
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    • pp.1-9
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    • 2020
  • Along with the growth of Blockchain, DApp (Distributed Application) is getting attention. As interest in DApp grows, market size continues to grow and many developers participate in development. Many developers are using API(Application Programming Interface) services to mediate Blockchain nodes, such as Infura, for DApp development. However, when using such a service, there is a serious risk that the API service operator can violate the user's privacy by 1 to 1 matching the account address of the Transaction executed by the DApp user with the IP address of the DApp user. It can have an adverse effect on the reliability of public Blockchains that need to provide users with a secure DApp service environment. The proposed Blockchain platform is expected to provide user privacy protection from API services and provide a reliable DApp use environment that existing Blockchain platforms did not provide. It is also expected to help to activate DApp and increase the number of DApp users, which has not been activated due to the risk of an existing privacy breach.

A Study on the Possibility of Blockchain Technology Adoption in the Logistics Industry (물류산업 내 블록체인 기술 도입 가능성 연구)

  • Kye, Dong Min;Hur, Sung Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.21 no.2
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    • pp.116-131
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    • 2022
  • With the recent progress of the 4th industrial revolution, the logistics industry is also making efforts to introduce smart logistics, and various attempts are being made to spread logistics informatization, which is the core of smart logistics. Among these, blockchain technology is considered as a technology that will contribute to the spread of logistics informatization and is being applied to various fields. Accordingly, in this study, to discuss the applicability of blockchain technology to the logistics industry, the characteristics of blockchain technology were defined, related cases were reviewed, and a survey was conducted on the possibility of application in the industry. Blockchain technology can be defined as having the characteristics of economic feasibility, speed, transparency in terms of work efficiency, and scalability, decentralization (decentralization), reliability (security) in terms of added value creation. It was confirmed that many are being introduced in the fields of distribution, finance, personal information, and public services. As a result of the survey on the logistics industry, it was confirmed that the level of informatization of the logistics industry had entered the stage of generating profits by using information, but the industry was passive in sharing and utilizing information due to concerns about information leakage. Nevertheless, the awareness and expectation of the need for informatization is high, and it is expected that the informatization of the logistics industry and realizing smart logistics based on it will advance one step further with the introduction of blockchain technology in the future.

Distributed processing system for blockchain processing a large number of transactions (대량의 트랜잭션을 처리하는 블록체인을 위한 분산처리 시스템)

  • Ko, Hyug-Jun;Han, Seong-Soo;Jeong, Chang-Sung
    • Proceedings of the Korea Information Processing Society Conference
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    • 2019.05a
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    • pp.65-67
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    • 2019
  • 최근 비트코인(Bitcoin)과 이더리움(Etherium)과 같은 퍼블릭 블록체인(Public Blockchain) 사용자의 급격한 증가로 인하여 블록체인 지갑 사용자가 늘어나고 있다. 또한, 암호화폐 거래소의 거래량이 증가와 이로 인한 지갑의 잔액 조회와 코인 이체를 위한 트랜잭션이 빈번하게 이루어 지고 있다. 한편, 최신의 잔액 조회와 빠른 이체를 위하여 마이닝 풀(Mining Pool)에서 사용되는 노드(Node)를 사용하는 것 같이 트래픽이 일부 노드에 집중되는 현상이 발생하여 시스템의 성능이 저하되는 문제가 있다. 이러한 문제를 해결하기 위하여 본 연구에서는 아파치 카프카(Apache Kafka)를 이용하여 트래픽 분산처리를 통한 효율적인 시스템을 제안한다. 또한, 시스템의 구조 설계 및 상세 모듈 설계를 제안한다. 제안 시스템은 기존 블록체인 시스템과의 연계가 가능하며, 기존 시스템의 변경 없이 구축할 수 있다. 또한, 주키퍼(ZooKeeper)의 분산처리를 통해 고성능과 가용성 및 안정성을 확보할 수 있다.

Implementation of University Point Distributed System based on Public Blockchain (퍼블릭 블록체인기반 대학 포인트 분산 시스템 개발)

  • Jung, Se-Hoon;Kim, Jeong Hoon;Sim, Chun-Bo
    • Journal of Korea Multimedia Society
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    • v.24 no.2
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    • pp.255-266
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    • 2021
  • Most common web or application system architectures have central network. As a result, central network can be supervised and controlled in all situation. And It has the advantage of easy to manage and fast to work. However, central network have a disadvantage of weak to security and unclear. In particular, many institutions used by web system be has many problems by central network. In this paper, we proposed blokchain technology based on ethereum to resolve of problem and trading structure that arise in cental network. We propose a decentralized application based on points including cryptocurrency functions and smart contract to the advantages of blockchain with a decentralized structure. The results of the performance experiment are as follows; It has shown the advantages of reliable use and security in a variety of environments(Windows, Ubuntu, Mac).

A Study on the Normative Recognition of Blockchain Smart Contract

  • Song, In-Bang;Kim, Yeon-Jong
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.1
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    • pp.187-198
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    • 2020
  • In this paper, We purpose an improvement plan for the settlement of smart contracts into legal norms through the recognition of the norms of blockchain-based smart contracts and the main influence factors on the norms of smart contracts. First, in terms of the normative necessity of smart contracts, legal protection against technical errors, government-level public relations education, and basic laws governing smart contract business are needed. Second, the contract norms will be accepted by the contract norms based on the blockchain designed to make the responsible material clear in terms of smart contract usability. Third, in terms of regulation of smart contracts, it can be seen that smart contracts are subsumed from existing laws or considering new legislation, but the norm of smart contracts cannot be prioritized over ease of use.