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October 1, 2019· 2019 IEEE International Scientific-Practical Conference Problems of Infocommunications, Science and Technology (PIC S&T)
conference-paper

Blockchain as a Transaction Protocol for Guaranteed Transfer of Values in Cluster Economic Systems with Digital Twins

Authors:Sergiy ObushnyiRoman KravchenkoYevhenii Babichenko

Abstract

In this research, authors consider the economic system as a transactional model of the exchange of values. In this case, economic relations are reduced to multiple transactions (transfer operations) of value (economic assets) between their participants (agents). The transfer of value is carried out by changing the rights to their ownership in accordance with a specific set of rules (protocol). Within this approach, the key issue is the choice of rules (protocol) of fixing and transferring rights to values between agents of economic relations, which guarantees the execution of a transaction without loss. The purpose of this article is to find a solution to the problem of guaranteed transfer of property rights to values based on Distributed Ledger Technology (blockchain). The object of the research is cluster economic systems with digital twins; the subject of the research is the protocol of transfer of values between digital twins.

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