Purwono Purwono, Alfian Ma’arif, Wahyu Rahmaniar, Qazi Mazhar ul Haq · 6 authors
Blockchain technology has a promising future in a number of industries and enterprises. Formerly connected to virtual currency like Bitcoin, blockchain has evolved into a versatile technology with many applications. In the upcoming years, it is predicted that blockchain will revolutionize a variety of industries, including banking, supply chain management, healthcare, voting systems, and more. The future of blockchain technology depends critically on its ability to increase security and transparency. By providing a decentralized and unchangeable record, eliminating the need for middlemen, and boosting participant confidence, blockchain promotes secure and traceable transactions. This transparency has the potential to transform whole industries by reducing fraud, streamlining processes, and increasing output. Blockchain also has the power to change financial systems. Blockchain-based smart contracts facilitate faster, more efficient transactions by automating and enforcing contractual agreements without the need for middlemen. By enabling speedier cross-border transactions, reducing costs, and boosting financial inclusion, tokenization and blockchain-based digital currencies have the potential to overturn conventional banking institutions. Blockchain’s key attributes, including decentralization, transparency, immutability, and security, make it a desirable choice for a range of organizations. Cross-border payments, trade finance, and smart contracts are just a few of the financial sector processes that blockchain technology has the potential to enhance and automate, lowering costs and increasing productivity. Additionally, the tamper-resistance of blockchain technology can boost transaction security and reliability, allowing for a wider use in traditional financial institutions. Outside of the financial industry, blockchain technology has a lot of promise, particularly in industries like supply chain management, healthcare, energy, intellectual property, and governance. By enabling transparent and traceable transactions, blockchain may improve supply chain efficiency, ensure product authenticity, and boost customer trust. By facilitating the secure exchange of patient data and research data, the decentralized nature of blockchain technology can enhance data security, interoperability, and privacy in the healthcare sector. A more decentralized and sustainable energy ecosystem may be supported by blockchain technology through peer-to-peer energy exchange, grid management, and monitoring of renewable energy certificates in the energy sector. Additionally, blockchain technology has the potential to transform decentralized governance structures, voting procedures, intellectual property rights, and digital identity management. By allowing people to own and manage their digital identities, blockchain can enhance privacy and reduce identity theft. Blockchain-based voting systems can offer transparency, security, and verifiability, thereby increasing voter turnout and public trust in democratic institutions. Blockchain can also enable the secure and transparent management of intellectual property rights, fostering author credit and just compensation.
Since its inception, the blockchain technology has shown promising application prospects. From the initial cryptocurrency to the current smart contract, blockchain has been applied to many fields. Although there are some studies on the security and privacy issues of blockchain, there lacks a systematic examination on the security of blockchain systems. In this paper, we conduct a systematic study on the security threats to blockchain and survey the corresponding real attacks by examining popular blockchain systems. We also review the security enhancement solutions for blockchain, which could be used in the development of various blockchain systems, and suggest some future directions to stir research efforts into this area.
Open access
4 source records
Blockchain Technology Applications and Security
Advanced Steganography and Watermarking Techniques
Anand Kumar Mishra, Shrikant Tiwari, Kanchan Naithani, Amit Kumar Tyagi
Blockchain has drawn attention as the next-generation financial technology due to its security that suits the informatization era. In particular, it provides security through the authentication of peers that share virtual cash, encryption, and the generation of hash value. According to the global financial industry, the market for security-based blockchain technology is expected to grow to about USD 20 billion by 2020. In addition, blockchain can be applied beyond the Internet of Things (IoT) environment; its applications are expected to expand. Cloud computing has been dramatically adopted in all IT environments for its efficiency and availability. In this paper, we discuss the concept of blockchain technology and its hot research trends. In addition, we will study how to adapt blockchain security to cloud computing and its secure solutions in detail.
Open access
2 source records
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Advanced Steganography and Watermarking Techniques
Yu‐Pin Lin, Joy R. Petway, Johnathen Anthony, Hussnain Mukhtar · 7 authors
Blockchain technology, while still challenged with key limitations, is a transformative Information and Communications Technology (ICT) that has changed our notion of trust. Improved efficiencies for agricultural sustainable development has been demonstrated when ICT-enabled farms have access to knowledge banks and other digital resources. UN FAO-recommended ICT e-agricultural infrastructure components are a confluence of ICT and blockchain technology requirements. When ICT e-agricultural systems with blockchain infrastructure are immutable and distributed ledger systems for record management, baseline agricultural environmental data integrity is safeguarded for those who participate in transparent data management. This paper reviewed blockchain-based concepts associated with ICT-based technology. Moreover, a model ICT e-agriculture system with a blockchain infrastructure is proposed for use at the local and regional scale. To determine context specific technical and social requirements of blockchain technology for ICT e-agriculture systems, an evaluation tool is presented. The proposed system and tool can be evaluated and applied to further developments of e-agriculture systems.
A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW). It is a cryptographic puzzle that is difficult to solve but easy to verify. However, because of significant latency of proof-of-work for transactions confirmation, this consensus mechanism is vulnerable against double-spending. On the other hand, PoW consumes a significant amount of energy that by growing the network, it becomes a major problematic of this consensus mechanism. In this paper, we introduce an alternative to PoW, because of all its major problems and security issues that may lead to collapsing decentralization of the blockchain, while a full decentralized system is the main purpose of using blockchain technology. The approach we introduce is based on a distributed voting process and called "RDV: Register, Deposit, Vote". Since in RDV algorithm, there is no mining process, so it is appropriate for low-level energy devices and Internet of Things (IoT).
Transactions between individuals have always been a part and parcel of human society for the division of labour made people interdependent. The medium of transaction has also been evolving along with the evolution of society and human consciousness from barter system to commodity money to fiat currency and now to digital currency or cryptocurrency. But since evolution is a form of error correction, the problem of double spending in digital currency was solved by a distributed ledger system called Blockchain. Since 2008 onwards the blockchain technology has been separated from bitcoins to be injected to many other problems related especially to banking transactions. Blockchain technology enables the creation of decentralized currencies, smart contracts and intelligent assets that can be controlled over the Internet
Olugbemi T. Olaniyan, Mayowa J. Adeniyi, Charles Oluwaseun Adetunji, Omosigho Omoruyi Pius · 7 authors
Abstract Objectives To introduce blockchain technologies, including their benefits, pitfalls, and the latest applications, to the biomedical and health care domains. Target Audience Biomedical and health care informatics researchers who would like to learn about blockchain technologies and their applications in the biomedical/health care domains. Scope The covered topics include: (1) introduction to the famous Bitcoin crypto-currency and the underlying blockchain technology; (2) features of blockchain; (3) review of alternative blockchain technologies; (4) emerging nonfinancial distributed ledger technologies and applications; (5) benefits of blockchain for biomedical/health care applications when compared to traditional distributed databases; (6) overview of the latest biomedical/health care applications of blockchain technologies; and (7) discussion of the potential challenges and proposed solutions of adopting blockchain technologies in biomedical/health care domains.
Open access
3 source records
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Innovative Microfluidic and Catalytic Techniques Innovation
Sensor networks and Wireless Sensor Networks (WSN) are key components for the development of the Internet of Things. These networks are subject of two kinds of constraints. Adaptability by the mean of mutability and evolutivity, and constrained node resources such as energy consumption, computational complexity or memory usage. In this context, none of the existing protocols and models allows reliable peer authentication and trust level management. In the field of virtual economic transactions, Bitcoin has proposed a new decentralized and evolutive way to model and acknowledge trust and data validity in a peer network by the mean of the blockchain. We propose a new security model and its protocol based on the blockchain technology to ensure validity and integrity of cryptographic authentication data and associate peer trust level, from the beginning to the end of the sensor network lifetime.
Peng Zhang, Jules White, Douglas C. Schmidt, Gunther Lenz
Since the inception of the Bitcoin technology, its underlying data structure--the blockchain--has garnered much attention due to properties such as decentralization, transparency, and immutability. These properties make blockchains suitable for apps that require disintermediation through trustless exchange, consistent and incorruptible transaction records, and operational models beyond cryptocurrency. In particular, blockchain and its smart contract capabilities have the potential to address healthcare interoperability issues, such as enabling effective interactions between users and medical applications, delivering patient data securely to a variety of organizations and devices, and improving the overall efficiency of medical practice workflow. Despite the interest in using blockchain for healthcare interoperability, however, little information is available on the concrete architectural styles and patterns for applying blockchain to healthcare apps. This paper provides an initial step in filling this gap by showing: (1) the features and implementation challenges in healthcare interoperability, (2) an end-to-end case study of a blockchain-based healthcare app we are developing, and (3) how applying foundational software patterns can help address common interoperability challenges faced by blockchain-based healthcare apps.
Thomas Lundqvist, Andreas de Blanche, H. Robert H. Andersson
Thing-to-thing payments are a key enabler in the Internet of Things (IoT) era, to ubiquitously allow for devices to pay each other for services without any human interaction. Traditional credit card-based systems are not able to handle this new paradigm, however blockchain technology is a promising payment candidate in this context. The prominent example of blockchain technology is Bitcoin, with its decentralized structure and ease of account creation. This paper presents a proof-of-concept implementation of a smart cable that connects to a smart socket and without any human interaction pays for electricity. In this paper, we identify several obstacles for the widespread use of bitcoins in thing-to-thing payments. A critical problem is the high transaction fees in the Bitcoin network when doing micro transactions. To reduce this impact, we present a single-fee micro-payment protocol that aggregates multiple smaller payments incrementally into one larger transaction needing only one transaction fee. The proof-of concept shows that trustless, autonomous, and ubiquitous thing-to-thing micro-payments is no longer a future technology.
Tareq Ahram, Arman Sargolzaei, Saman Sargolzaei, Jeff Daniels · 5 authors
Digital world has produced efficiencies, new innovative products, and close customer relationships globally by the effective use of mobile, IoT (Internet of Things), social media, analytics and cloud technology to generate models for better decisions. Blockchain is recently introduced and revolutionizing the digital world bringing a new perspective to security, resiliency and efficiency of systems. While initially popularized by Bitcoin, Blockchain is much more than a foundation for crypto currency. It offers a secure way to exchange any kind of good, service, or transaction. Industrial growth increasingly depends on trusted partnerships; but increasing regulation, cybercrime and fraud are inhibiting expansion. To address these challenges, Blockchain will enable more agile value chains, faster product innovations, closer customer relationships, and quicker integration with the IoT and cloud technology. Further Blockchain provides a lower cost of trade with a trusted contract monitored without intervention from third parties who may not add direct value. It facilitates smart contracts, engagements, and agreements with inherent, robust cyber security features. This paper is an effort to break the ground for presenting and demonstrating the use of Blockchain technology in multiple industrial applications. A healthcare industry application, Healthchain, is formalized and developed on the foundation of Blockchain using IBM Blockchain initiative. The concepts are transferable to a wide range of industries as finance, government and manufacturing where security, scalability and efficiency must meet.
Blockchain, which is the backbone of Bitcoin, has recently received a lot of attention. Blockchain functions as an immutable ledger that enables decentralized transactions. Numerous fields, such as the Internet of Things (IoT), reputation systems, and financial services, are being covered by blockchain-based applications. However, blockchain technology still faces numerous difficulties, such as scalability and security issues, that need to be resolved. A comprehensive overview of blockchain technology is provided in this paper. First, we compare some common consensus algorithms utilized by various blockchains and provide an overview of the architecture of blockchains. In addition, a brief list of recent advancements and technical difficulties is provided. In addition, we outline potential blockchain trends for the future.
Hossein Shafagh, Lukas Burkhalter, Anwar Hithnawi, Simon Duquennoy
Today the cloud plays a central role in storing, processing, and distributing data. Despite contributing to the rapid development of IoT applications, the current IoT cloud-centric architecture has led into a myriad of isolated data silos that hinders the full potential of holistic data-driven analytics within the IoT. In this paper, we present a blockchain-based design for the IoT that brings a distributed access control and data management. We depart from the current trust model that delegates access control of our data to a centralized trusted authority and instead empower the users with data ownership. Our design is tailored for IoT data streams and enables secure data sharing. We enable a secure and resilient access control management, by utilizing the blockchain as an auditable and distributed access control layer to the storage layer. We facilitate the storage of time-series IoT data at the edge of the network via a locality-aware decentralized storage system that is managed with the blockchain technology. Our system is agnostic of the physical storage nodes and supports as well utilization of cloud storage resources as storage nodes.
Vanesa Daza, Roberto Di Pietro, Ivan Klimek, Matteo Signorini
The Internet of Things is gaining momentum thanks to the provided vision of seamlessly interconnected devices. However, a unified way to discover and to interact with the surrounding smart environment is missing. As an outcome, we have been assisting to the development of heterogeneous ecosystems, where each service provider adopts its own protocol- thus preventing IoT devices from interacting when belonging to different providers. And, the same is happening again for the blockchain technology which provides a robust and trusted way to accomplish tasks -unfortunately not providing interoperability thus creating the same heterogeneous ecosystems above highlighted. In this context, the fundamental research question we address is how do we find things or services in the Internet of Things. In this paper, we propose the first IoT discovery approach which provides an answer to the above question by exploiting hierarchical and universal multi-layered blockchains. Our approach does neither define new standards nor force service providers to change their own protocol. On the contrary, it leverages the existing and publicly available information obtained from each single blockchain to have a better knowledge of the surrounding environment. The proposed approach is detailed and discussed with the support of relevant use cases.
There has been increasing interest in adopting BlockChain (BC), that underpins the crypto-currency Bitcoin, in Internet of Things (IoT) for security and privacy. However, BCs are computationally expensive and involve high bandwidth overhead and delays, which are not suitable for most IoT devices. This paper proposes a lightweight BC-based architecture for IoT that virtually eliminates the overheads of classic BC, while maintaining most of its security and privacy benefits. IoT devices benefit from a private immutable ledger, that acts similar to BC but is managed centrally, to optimize energy consumption. High resource devices create an overlay network to implement a publicly accessible distributed BC that ensures end-to-end security and privacy. The proposed architecture uses distributed trust to reduce the block validation processing time. We explore our approach in a smart home setting as a representative case study for broader IoT applications. Qualitative evaluation of the architecture under common threat models highlights its effectiveness in providing security and privacy for IoT applications. Simulations demonstrate that our method decreases packet and processing overhead significantly compared to the BC implementation used in Bitcoin.
Sean Rowan, Michael Clear, Mário Gerla, Meriel Huggard · 5 authors
Autonomous and self-driving vehicles are appearing on the public highways.\nThese vehicles commonly use wireless communication techniques for both\nvehicle-to-vehicle and vehicle-to-infrastructure communications. Manufacturers,\nregulators and the public are understandably concerned about large-scale\nsystems failure or malicious attack via these wireless vehicular networks. This\npaper explores the use of sensing and signalling devices that are commonly\nintegrated into modern vehicles for side-channel communication purposes.\nVisible light (using a CMOS camera) and acoustic (ultrasonic audio)\nside-channel encoding techniques are proposed, developed and evaluated in this\ncontext. The side-channels are examined both theoretically and experimentally\nand an upper bound on the line code modulation rate that is achievable with\nthese side channel schemes in the vehicular networking context is established.\nA novel inter-vehicle session key establishment protocol, leveraging both\nside-channels and a blockchain public key infrastructure, is then presented. In\nlight of the limited channel capacity and the interoperability/security\nrequirements for vehicular communications, techniques for constraining the\nthroughput requirement, providing device independence and validating the\nlocation of the intended recipient vehicle, are presented. These reduce the\nnecessary device handshake throughput to 176 bits for creating symmetric\nencryption and message authentication keys and in verifying a vehicle's\ncertificate with a recognised certification authority.\n
Open access
3 source records
cs.CR
Advanced Steganography and Watermarking Techniques
Building the Internet of Things requires deploying a huge number of objects with full or limited connectivity to the Internet. Given that these objects are exposed to attackers and generally not secured-by-design, it is essential to be able to update them, to patch their vulnerabilities and to prevent hackers from enrolling them into botnets. Ideally, the update infrastructure should implement the CIA triad properties, i.e., confidentiality, integrity and availability. In this work, we investigate how the use of a blockchain infrastructure can meet these requirements, with a focus on availability. In addition, we propose a peer-to-peer mechanism, to spread updates between objects that have limited access to the Internet. Finally, we give an overview of our ongoing prototype implementation.
Ali Dorri, Marco Steger, Salil S. Kanhere, Raja Jurdak
Interconnected smart vehicles offer a range of sophisticated services that benefit the vehicle owners, transport authorities, car manufacturers and other service providers. This potentially exposes smart vehicles to a range of security and privacy threats such as location tracking or remote hijacking of the vehicle. In this article, we argue that BlockChain (BC), a disruptive technology that has found many applications from cryptocurrencies to smart contracts, is a potential solution to these challenges. We propose a BC-based architecture to protect the privacy of the users and to increase the security of the vehicular ecosystem. Wireless remote software updates and other emerging services such as dynamic vehicle insurance fees, are used to illustrate the efficacy of the proposed security architecture. We also qualitatively argue the resilience of the architecture against common security attacks.
The Internet of Things (IoT) technology has a potential to bring the benefits of intelligently interconnecting not just computers and humans, but most of everyday things. IoT has a promise of opening significant business process improvement opportunities leading to economic growth and cost reductions. However, there are many challenges facing IoT, including significant scalability and security challenges due to the integration of potentially huge number of things into the network. Many of scalability and security issues stem from a centralized, primarily client/server, architecture of IoT systems and frameworks. Blockchain technology, as a relativelly new approach to decentralized computation and assets management and transfer, has a potential to help solve a number of scalability and security issues that IoT is facing, primarilly through the removal of centralized points of failure for such systems. As such, blockchain technology and IoT integration provides a promising direction and it has recently generated significant research interest, e.g., [4].
Distributed ledger technology, a method of storing and maintaining the integrity of multiple copies of critical data using a massively redundant network of participating machines, has found a “killer application” in blockchain, a type of distributed ledger. A blockchain consists of sequential blocks that may never be modified or reordered, leaving a public, auditable record that is consistent and highly resistant to tampering and deletion. These qualities make blockchain eminently suitable for its most common use, cryptocurrency, and its occasional variants in the form of cryptocurrency tokens, used to represent ownership or some other right to virtual or physical goods and capabilities. Blockchain also enables smart contracts, discrete bodies of software written to serve both as the memorial and the means of execution of an agreement between parties. Smart contracts can have all the elements of a traditional contract, and as jurisdictions legislate or jurists rule on the fine points of enforceability and the acceptability of smart contracts as traditional contracts, applications in nearly every area of commerce have emerged. Digital lawyers may not need to become software developers, but deepening their understanding of the capabilities and limitations of the technology, developing a keen awareness of the issues at the intersection between code and the law, as well as the law’s readiness in this area, will be of great advantage to them and their clients in this rapidly evolving area at the intersection of technology, commerce and law.
Heretofore the concept of "blockchain" has not been precisely defined. Accordingly the potential useful applications of this technology have been largely inflated. This work sidesteps the question of what constitutes a blockchain as such and focuses on the architectural components of the Bitcoin cryptocurrency, insofar as possible, in isolation. We consider common problems inherent in the design of effective supply chain management systems. With each identified problem we propose a solution that utilizes one or more component aspects of Bitcoin. This culminates in five design principles for increased efficiency in supply chain management systems through the application of incentive mechanisms and data structures native to the Bitcoin cryptocurrency protocol.
Tien Tuan Anh Dinh, Ji Wang, Gang Chen, Rui Liu · 6 authors
Blockchain technologies are taking the world by storm. Public blockchains, such as Bitcoin and Ethereum, enable secure peer-to-peer applications like crypto-currency or smart contracts. Their security and performance are well studied. This paper concerns recent private blockchain systems designed with stronger security (trust) assumption and performance requirement. These systems target and aim to disrupt applications which have so far been implemented on top of database systems, for example banking, finance applications. Multiple platforms for private blockchains are being actively developed and fine tuned. However, there is a clear lack of a systematic framework with which different systems can be analyzed and compared against each other. Such a framework can be used to assess blockchains' viability as another distributed data processing platform, while helping developers to identify bottlenecks and accordingly improve their platforms. In this paper, we first describe BlockBench, the first evaluation framework for analyzing private blockchains. It serves as a fair means of comparison for different platforms and enables deeper understanding of different system design choices. Any private blockchain can be integrated to BlockBench via simple APIs and benchmarked against workloads that are based on real and synthetic smart contracts. BlockBench measures overall and component-wise performance in terms of throughput, latency, scalability and fault-tolerance. Next, we use BlockBench to conduct comprehensive evaluation of three major private blockchains: Ethereum, Parity and Hyperledger Fabric. The results demonstrate that these systems are still far from displacing current database systems in traditional data processing workloads. Furthermore, there are gaps in performance among the three systems which are attributed to the design choices at different layers of the software stack.
We present the concept of leveraging Blockchain technology, for the management and security of information related to the Internet Of Things. Here, we put forth a model for the intercommunication of smart devices, their identity management and information security, with Blockchain posing as the backbone. The model proposes to serve as a robust and scalable solution, in order to address the security and identity concerns, arising due to the distributed nature of the Internet of Things. The proposed model is further compared to the existing ones in practice.