FraMark: A Blockchain Marketplace for a 5G Network Management using Fractional NFTs

Abstract

This paper presents FraMark, a blockchain-based framework for 5G network management that utilizes Hyperledger Fabric and fractional Non-Fungible Tokens (NFTs) to optimize resource allocation. We introduce a comprehensive system that fractionalizes digital assets to represent 5G network resources, enhancing efficiency and allocation flexibility. Our framework addresses the challenges of 5G network management by ensuring low latency, high transaction throughput, and secure resource trading. We conduct experiments to evaluate the performance of our approach, including CPU and memory utilization, latency analysis, and block size assessment. The results demonstrate the effectiveness of FraMark in improving network resource utilization and transaction efficiency, validating our framework’s claims. By leveraging blockchain technology and innovative resource slicing techniques, FraMark paves the way for dynamic and efficient 5G network management.