• Title/Summary/Keyword: Transaction Proof

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Improved Bitcoin Network Neighbors Connection Algorithm to Reduce Block Propagation Time (블록 전파 시간 단축을 위한 비트코인 네트워크 이웃 연결 알고리즘 개선)

  • Bang, Jiwon;Choi, Mi-Jung
    • KNOM Review
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    • v.23 no.1
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    • pp.26-33
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    • 2020
  • Bitcoin is an electronic money that does not rely on centralized institutions such as banks and financial institutions, unlike the world's paper currencies such as dollar, won, euro and yen. In Bitcoin network, a block with transaction details is generated by mining, and the message that the block has been created is broadcast to all participating nodes in a broadcasting method to secure reliability through verification. Likewise, the mining and block propagation methods in the Bitcoin network are greatly affected by the performance of the P2P network. For example, in the case of mining, the node receiving the reward for mining varies depending on whether the block is first mined in the network and the proof of mining is propagated faster. In this paper, we applied local characteristics and Round-to-Trip(RTT) measurement to solve the problems of the existing neighbor connection method and block propagation method performed in Bitcoin network. An algorithm to improve block propagation speed is presented. Through experiments, we compare the performance of the improved algorithm with the existing algorithm to verify that the overall block propagation time is reduced.

Impact of Personal Health Information Security Awareness on Convenience (개인의료정보보안인식이 편의성에 미치는 영향)

  • Park, Jung-Hong
    • The Journal of the Korea Contents Association
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    • v.17 no.6
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    • pp.600-612
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    • 2017
  • The purpose of the research is that how awareness of importance of personal medical data, laws regarding personal medical data and perception gap regarding information of medical data system may affect usage of hospital convenience between a regular patient who has experienced hospital service and medical professionals. Preceding research analysis was conducted previous on establishing research model; 150 questionnaires to a regular patient and 150 questionnaires for a medical professional, total of 300 questionnaires were gathered for conducting a question investigation. First of all, the research concluded that there are a regular perception differences between a regular patient and medical professional. Moreover, there are perception differences among the different gender, age, and area of residence. Furthermore, medical professionals tend to consider that convenience of hospital usage will be increased if user strengthens recognition of security of personal medical data. Results of hypothesis stress that higher awareness of exposure of personal medical data and medical information system affect decision making convenience for a better usage of hospital. On the other side, awareness of laws related with personal medical information security does not affect decision making convenience of hospital usage and transaction. The results of the research analyzes with proof that strengthening awareness of personal medical data security positively increase convenience of decision making and transactions in selection of provided medical service.

Block Chain Application Technology to Improve Reliability of Real Estate Market (부동산 시장의 신뢰성 향상을 위한 블록체인 응용 기술)

  • Oh, Seoyoung;Lee, Changhoon
    • The Journal of Society for e-Business Studies
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    • v.22 no.1
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    • pp.51-64
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    • 2017
  • After Bitcoin was proposed by Satoshi Nakamoto in 2009, studies have been carried out to apply the Block Chain technology in various environment, which was applied as a distributed transaction of Bitcoin. Smart contracts, voting and proof of ownership of digital contents are typical applications of Block Chain. They used the feature that it is impossible to modify or delete once recorded facts. They also applied to prove relevant facts and to provide data integrity. The applied cases are mainly made in an environment where the data should or could be open to the public, and they have been proposed as solutions to solve the problems occurred in relations. This fact has led to the attention that Block Chain can be applied as a good alternative in similar circumstances. In this study, real estate market service was selected to expand the application range of Block Chain. Although there are about 250 applications and web services in total, the satisfaction is not high due to false offerings. Thus we propose a countermeasure against the problem by applying the Block Chain to the real estate market service, and investigate the research direction of the Block Chain in the future market.

The Impact of Education-Orientation on Technology Innovation and Company Outcome : Focusing on Korean Companies in China (기업의 교육지향성이 기술혁신과 기업성과에 미치는 영향 : 대 중국 투자 한국기업을 중심으로)

  • Kim, Jung Hoon;Lim, Young Taek
    • The Journal of Society for e-Business Studies
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    • v.19 no.4
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    • pp.231-249
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    • 2014
  • We define $21^{st}$ century as an amalgamation of globalization and localization, or Glocalization. Additionally, due to the increasing supply of smart phones and wide usage of social networking services, the ability to utilize such global and regional information has increased a coperation's competitiveness in its market, and even the business models have evolved from the conventional "production and distribution" to E-commerce, through which either a direct or a non-direct transaction is possible. My hypothesis is that the ability to adapt to this trend is possible through transfer of learning, and consequently, this will have an impact on company's performance. Thus, this thesis analyzes the mid- to the long-term impact of such ability and environmental factors on the performance and technology innovation of Korean companies in China. Ultimately, this study intends to engender a basic foundation for a corporation's management strategy in China. Finally this research focuses on those Korean companies in China only and on the proof of influential factors' impact on technological innovation and technological innovation's impact on those corporations' future performances. Section I is an abstract and section II, the case examines the uniqueness and current status of Korean companies in China identifies the concept and the definition of influential factors such as education-orientation, technological innovation, and performance, and then scrutinizes each factors through a closer look at their past researches. Section III explains the thesis model, the survey's method and target, the thesis, variable factors, the content, and the method of analysis. In section IV, the thesis is proved based on the outcome of the survey. The result in Section V highlights the high comprehension of technological innovation: both education-orientation and technological innovation prove to have a positive (+) correlation with the performance. The vision on education orientation proves to have a positive (+) influence on technological innovation. The vision on education-orientation and technological innovation prove to have a positive (+) influence individually on company's performance.