• Korea Trade Review
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• v.48 no.3
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• pp.243-262
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• 2023

This study provides a systematic review of smart trade contracts, examining the research trends and theoretical background of utilizing smart contracts and blockchain technology for the digitalization and automation of trade contracts. Smart trade contracts are a concept that applies the automated contract system based on blockchain to trade-related transactions. The study analyzes the technical and legal challenges and proposes solutions. The technical aspect covers the development of smart contract platforms, scalability and performance improvements of blockchain networks, and security and privacy concerns. The legal aspect addresses the legal enforceability of smart contracts, automatic execution of contract conditions, and the responsibilities and obligations of contract parties. Smart trade contracts have been found to have applications in various industries such as international trade, supply chain management, finance, insurance, and energy, contributing to the ease of trade finance, efficiency of supply chains, and business model innovation. However, challenges remain in terms of legal regulations, interaction with existing legal frameworks, and technological aspects. Further research is needed, including empirical studies, business model innovation, resolution of legal issues, security and privacy considerations, standardization and collaboration, and user experience studies to address these challenges and explore additional aspects of smart trade contracts.

• Journal of Korea Society of Industrial Information Systems
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• v.28 no.5
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• pp.41-54
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• 2023

Smart grid that supports efficient energy production and management is used in various fields and industries. However, because of the environment in which services are provided through open networks, it is essential to resolve trust issues regarding security vulnerabilities and privacy preservation. In particular, the identification information of smart meter is managed by a centralized server, which makes it vulnerable to security attacks such as device stolen, data forgery, alteration, and deletion. To solve these problems, this paper proposes a blockchain based authentication protocol for a smart meter. The proposed scheme issues an unique decentralized identifiers (DIDs) for individual smart meter through blockchain and utilizes a random values based on physical unclonable function (PUF) to strengthen the integrity and reliability of data. In addition, we analyze the security of the proposed scheme using informal security analysis and AVISPA simulation, and show the efficiency of the proposed scheme by comparing with related work.

• International Journal of Computer Science & Network Security
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• v.23 no.10
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• pp.147-156
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• 2023

Electronic voting machines (EVMs) are replacing research ballots due to the errors involved in the manual counting process and the lengthy time required to count the votes. Even though these digital recording electronic systems are advancements, they are vulnerable to tampering and electoral fraud. The suspected vulnerabilities in EVMs are the possibility of tampering with the EVM's memory chip or replacing it with a fake one, their simplicity, which allows them to be tampered with without requiring much skill, and the possibility of double voting. The vote data is shared among all network devices, and peer-to-peer verification is performed to ensure the vote data's authenticity. To successfully tamper with the system, all of the data stored in the nodes must be changed. This improves the proposed system's efficiency and dependability. Elections and voting are fundamental components of a democratic system. Various attempts have been made to make modern elections more flexible by utilizing digital technologies. The fundamental characteristics of free and fair elections are intractability, immutability, transparency, and the privacy of the actors involved. This corresponds to a few of the many characteristics of blockchain-like decentralized ownership, such as chain immutability, anonymity, and distributed ledger. This working research attempts to conduct a comparative analysis of various blockchain technologies in development and propose a 'Blockchain-based Electronic Voting System' solution by weighing these technologies based on the need for the proposed solution. The primary goal of this research is to present a robust blockchain-based election mechanism that is not only reliable but also adaptable to current needs.

• Journal of the Korean Society for information Management
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• v.38 no.3
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• pp.23-39
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• 2021

This study aims to explore research trends in Blockchain studies in South Korea using dynamic topic modeling and network analysis. To achieve this goal, we conducted the university & institute collaboration network analysis, the keyword co-occurrence network analysis, and times series topic analysis using dynamic topic modeling. Through the university & institute collaboration network analysis, we found major universities such as Soongsil University, Soonchunhyang University, Korea University, Korea Advanced Institute of Science and Technology (KAIST) and major institutes such as Ministry of National Defense, Korea Railroad Research Institute, Samil PricewaterhouseCoopers, Electronics and Telecommunications Research Institute that led collaborative research. Next, through the analysis of the keyword co-occurrence network, we found major research keywords including virtual assets (Cryptocurrency, Bitcoin, Ethereum, Virtual currency), blockchain technology (Distributed ledger, Distributed ledger technology), finance (Smart contract), and information security (Security, privacy, Personal information). Smart contracts showed the highest scores in all network centrality measures showing its importance in the field. Finally, through the time series topic analysis, we identified five major topics including blockchain technology, blockchain ecosystem, blockchain application 1 (trade, online voting, real estate), blockchain application 2 (food, tourism, distribution, media), and blockchain application 3 (economy, finance). Changes of topics were also investigated by exploring proportions of representative keywords for each topic. The study is the first of its kind to attempt to conduct university & institute collaboration networks analysis and dynamic topic modeling-based times series topic analysis for exploring research trends in Blockchain studies in South Korea. Our results can be used by government agencies, universities, and research institutes to develop effective strategies of promoting university & institutes collaboration and interdisciplinary research in the field.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.31 no.4
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• pp.731-751
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• 2021

The Internet of Things is a huge group of devices communicating each other and the interconnection of objects in the network is a basic requirement. Choosing a reliable device is critical because malicious devices can compromise networks and services. However, it is difficult to create a trust management model due to the mobility and resource constraints of IoT devices. For the centralized approach, there are issues of single point of failure and resource expansion and for the distributed approach, it allows to expand network without additional equipment by interconnecting each other, but it has limitations in data exchange and storage with limited resources and is difficult to ensure consistency. Recently, trust management models using fog nodes and blockchain have been proposed. However, blockchain has problems of low throughput and delay. Therefore, in this paper, a trust management model for selecting reliable devices in a fog-based IoT environment is proposed by applying IOTA, a blockchain technology for the Internet of Things. In this model, Directed Acyclic Graph-based ledger structure manages trust data without falsification and improves the low throughput and scalability problems of blockchain.

• Journal of Internet of Things and Convergence
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• v.9 no.2
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• pp.55-60
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• 2023

Recently, demand for cloud computing has increased and remote access due to home work and external work has increased. In addition, a new security paradigm is required in the current situation where the need to be vigilant against not only external attacker access but also internal access such as internal employee access to work increases and various attack techniques are sophisticated. As a result, the network security model applying Zero-Trust, which has the core principle of doubting everything and not trusting it, began to attract attention in the security industry. Zero Trust Security monitors all networks, requires authentication in order to be granted access, and increases security by granting minimum access rights to access requesters. In this paper, we explain zero trust and zero trust architecture, and propose a new cloud security system for strengthening access control that overcomes the limitations of existing security systems using zero trust and blockchain and can be used by various companies.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2021.10a
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• pp.246-248
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• 2021

Recently data has been transformed into a data economy and society that acts as a catalyst for the development of all industries and the creation of new value, and COVID-19 is accelerating digital transformation. In the upcoming intelligent Internet of Things era, the availability of decentralized systems such as blockchain and mixnet is emerging to solve the security problems of centralized systems that makes it difficult to utilize data safely and efficiently. Blockchain manages data in a transparent and decentralized manner and guarantees the reliability and integrity of the data through agreements between participants, but the transparency of the data threatens the privacy of users. On the other hand, mixed net technology for protecting privacy protects privacy in distributed networks, but due to inefficient power consumption efficiency and processing speed issues, low cost, light weight, low power consumption Internet Hard to use. In this paper, we analyze the limitations of conventional mixed-net technology and propose a mixed-net technology method for low power consumption, high speed, and the Internet of things.

• Smart Media Journal
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• v.9 no.3
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• pp.18-24
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• 2020

Existing energy was a system produced by a specific company and sold to consumers, but it is expected that in the near future, producers will become consumers and consumers will become producers. Recently, the emergence of cloud systems, 5G network construction, and energy reuse, including solar energy, are changing the shape of the energy market. In order to share energy, there are various agent systems, energy networks, and structures that form markets. In this study, we defined the above three and proposed a strategy using the Secure Energy Model (SEM) by applying a blockchain for a safe and fair energy market. The analytical results showed that the trust between the energy producers and consumers participating in the energy trade was formed.

• KNOM Review
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• v.24 no.2
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• pp.48-55
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• 2021

Ethereum is an open software platform based on blockchain technology that enables the construction and distribution of distributed applications. Ethereum uses a fully distributed connection method in which all participating nodes participate in the network with equal authority and rights. Ethereum networks use Kademlia-based node discovery protocols to retrieve and store node information. Ethereum is striving to stabilize the entire network topology by implementing node discovery protocols, but systems for monitoring are insufficient. This paper develops a WireShark dissector that can receive packet information in the Ethereum node discovery process and provides network packet measurement results. It can be used as basic data for the research on network performance improvement and vulnerability by analyzing the Ethereum node discovery process.

• Journal of Information Processing Systems
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• v.20 no.1
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• pp.116-130
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• 2024

In the Internet-of-Things (IoT) or blockchain-based network systems, secure keys may be stored in individual devices; thus, individual devices should protect data by performing secure operations on the data transmitted and received over networks. Typically, secure functions, such as a physical unclonable function (PUF) and fully homomorphic encryption (FHE), are useful for generating safe keys and distributing data in a network. However, to provide these functions in embedded devices for IoT or blockchain systems, proper inspection is required for designing and implementing embedded system-on-chip (SoC) modules through overhead and performance analysis. In this paper, a virtual platform (SoC VP) was developed that includes a secure key generation module with a PUF and FHE. The SoC VP platform was implemented using SystemC, which enables the execution and verification of various aspects of the secure key generation module at the electronic system level and analyzes the system-level execution time, memory footprint, and performance, such as randomness and uniqueness. We experimentally verified the secure key generation module, and estimated the execution of the PUF key and FHE encryption based on the unit time of each module.