As quantum computing matures, characterizing its practical workloads and verifying quantum supremacy presents a significant challenge. Current benchmarking and claims rely on trust-based verification methods that lack public auditability. We propose a decentralized benchmarking framework implemented via an Ethereum smart contract to provide verifiable assurance in these claims. This framework generates classically intractable puzzles that, crucially, require absolutely no pre-computed secrets. By utilizing the blockchain as an immutable public ledger, independent observers can mathematically verify that any provided solution to the puzzle must have been computationally derived via quantum hardware rather than classically spoofed. Furthermore, we demonstrate how this verifiable benchmarking metric can be utilized as an automation trigger. As a practical example of such a trigger, we focus on the ability for blockchains to automatically switch to quantum-secure signature schemes upon the successful demonstration of cryptographic quantum supremacy. We demonstrate these principles with BloQBench, which implements the concept using integer factorization as the generated puzzle and Lamport signatures as the trigger-based effect. This approach demonstrates a novel use of distributed ledgers for quantum workload characterization, providing a transparent, automated metric for measuring quantum supremacy while managing the performance and complexity trade-offs of post-quantum technology transitions.
Firmware integrity is a foundational requirement for securing Cyber-Physical Systems (CPS), where malicious or compromised firmware can result in persistent backdoors, unauthorized control, or catastrophic system failures. Traditional verification mechanisms such as secure boot, digital signatures, and centralized hash databases are increasingly inadequate due to risks from insider threats and single points of failure. In this paper, we propose a decentralized firmware integrity verification framework built on the Ethereum blockchain, offering tamper-proof, transparent, and trustless validation. Our system stores SHA-256 hashes of firmware binaries within smart contracts deployed on the Ethereum Sepolia testnet, using Web3 and Infura for seamless on-chain interaction. A Python-based client tool computes firmware hashes and communicates with the blockchain to register and verify firmware authenticity in real-time. We implement and evaluate a fully functional prototype using real firmware samples, demonstrating successful contract deployment, hash registration, and integrity verification through live blockchain transactions. Experimental results confirm the reliability and low cost (in gas fees) of our approach, highlighting its practicality and scalability for real-world CPS applications. To enhance scalability and performance, we discuss extensions using Layer-2 rollups and off-chain storage via the InterPlanetary File System (IPFS). We also outline integration pathways with secure boot mechanisms, Trusted Platform Module (TPM)-based attestation, and zero-trust architectures. This work contributes a practical and extensible model for blockchain-based firmware verification, significantly strengthening the defense against firmware tampering and supply chain attacks in critical CPS environments.
Vincent Adela, Samuel Duku Yeboah, David Korsah, Michael Provide Fumey ¡ 6 authors
Geopolitical crises pose major risks to financial stability, but their implications for digital assets remain poorly understood. While prior studies suggest that cryptocurrencies may act as hedges or highly volatile speculative instruments during periods of uncertainty, the evidence remains inconclusive. This study examines how major cryptocurrencies reacted to geopolitical risk during the RussiaâUkraine war by employing the quantile-on-quantile regression (QQR) method on daily data from February 1 to August 8, 2022. The results reveal heterogeneous and nonlinear effects: Bitcoin (BTC) and Ethereum (ETH) exhibit partial hedging properties under moderate geopolitical risk, whereas alternative cryptocurrencies such as Binance Coin (BNB), Cardano (ADA), and Dogecoin (DOGE) display heightened vulnerability. Stablecoins exhibit contrasting roles, with USD Coin (USDC) acting as a safe haven, whereas Tether (USDT) consistently loses value under periods of uncertainty. These findings underscore that the safe-haven potential of cryptocurrencies is conditional on both market states and the type of asset, highlighting their asymmetry in times of crisis. By clarifying the dynamic role of cryptocurrencies during geopolitical shocks, the study contributes to the debate on whether digital assets enhance diversification or amplify instability, offering practical insights for investors and policymakers seeking resilient risk management strategies.
Blockchain technology offers decentralized and secure transaction processing but suffers from critical limitations in scalability, energy efficiency, and latency, hindering its adoption in real-time high-throughput applications. This study proposes a novel Adaptive Global BestâWorst Particle Swarm Optimization (AGBWPSO) algorithm integrated with dynamic sharding to address these challenges effectively. Unlike traditional GBWPSO, the proposed AGBWPSO employs a dual-extremum influence mechanism that combines both global best and worst positions, along with adaptive nonlinear parameter adjustment strategies for the inertia weight, cognitive, and social coefficients. This enhances explorationâexploitation balance, prevents premature convergence, and ensures efficient shard reallocation under dynamic transaction loads. The integration with dynamic sharding enables parallel transaction processing across optimally configured shards, significantly improving blockchain performance metrics. Extensive simulations conducted on Ethereum, Bitcoin, Hyperledger Fabric, financial, and IoT transaction datasets demonstrate that the proposed AGBWPSO achieves up to 5.88% improvement in transaction throughput (TPS), 14.3% reduction in latency, and 20% reduction in energy consumption per transaction compared to existing optimization methods. These results establish AGBWPSO as a robust and scalable solution for enhancing the operational efficiency and sustainability of blockchain networks in real-world applications.
Oana Panazan, Catalin GHEORGHE, Aamir Aijaz Syed, Ahmed Jeribi
This study examines the dynamic interactions between precious metals, cryptocurrencies, stablecoins, safe-haven currencies, and two key macroeconomic indicators, the 5-year breakeven inflation expectation (T5YIE) and the 10-year minus 3-month Treasury yield spread (T10Y3M), over January 2016âJuly 2025. To capture nonlinear and multi-scale dependencies, the study applies Quantile-on-Quantile Regression (QQR) in combination with wavelet coherence (WCO) and wavelet transform coherence (WTC). The results indicate that major cryptocurrencies such as Bitcoin and Ethereum do not display robust or systematic links with inflation expectations or recession risk, limiting their role as macro-financial hedges. By contrast, the Japanese yen and Swiss franc show pronounced tail sensitivities, reaffirming their safe-haven status, while gold and its tokenized counterparts (DGX, PAXG) exhibit persistent long-run coherence with inflation expectations. Stablecoins demonstrate unstable short-term linkages shaped by liquidity shocks and market frictions. The research provides new evidence on the heterogeneous roles of digital and traditional assets in shaping macroeconomic expectations. The findings carry implications for investors, who should continue to rely on gold and safe-haven currencies for crisis hedging, and for regulators concerned with the systemic stability of emerging digital instruments.
For many decades, time-series forecasting has been applied to different problems by scientists and industries. Many models have been introduced for the purpose of forecasting. These advancements have significantly improved the accuracy and reliability of predictions, especially in complex scenarios where traditional methods struggled. As data availability continues to expand, the integration of machine learning techniques is likely to further enhance forecasting capabilities across various fields. Today, hybrid techniques are gaining popularity, as they combine the advantages of different approaches to deliver improved predictive performance and more advanced visualization analytics for decision support. These hybrid approaches can provide better prediction, and at the same time, they can develop a more sophisticated set of visualization analytics for decision support. Recently, the integration of cross-entropy, fuzzy logic, and attention mechanisms in hybrid forecasting models has enhanced their ability to capture complex and uncertain patterns in financial and energy markets. In this study, we propose a hybrid ANNâLSTM deep learning model optimized with cross-entropy, fuzzy logic, and an attention mechanism to enhance the forecasting of financial and energy time series, specifically Ethereum and natural gas prices. Our models combine the feature extraction strength of ANN with the temporal learning of LSTM, while cross-entropy improves convergence, fuzzy logic handles uncertainty, and attention refines feature weighting. Since inaccurate forecasts can lead to greater estimation uncertainty and increased financial and operational risk, improving predictive reliability is essential for effective risk mitigation. These techniques prove effective not only in improving estimation accuracy but also in minimizing financial risks and supporting more informed investment decisions.
The association between cryptocurrency and sustainability is a complex and growing topic. Given that such linkage requires a continuous investigation, this empirical research, unlike the existing literature, explores if the volatility dynamics of digital assets are driven by the changes in sustainability uncertainty. In doing so, we use a recently developed ESG-based sustainability uncertainty index (ESGUI) and examine its effect on the volatility dynamics of Bitcoin and Ethereum ETFs. Employing the mixed data sampling (MIDAS) approach shows that ESGUI exerts a negative effect on the realized volatility of cryptocurrency markets. One possible explanation for this linkage is that as sustainability-related uncertainty rises, investors tend to adopt sustainability practices and initiatives. This shift towards sustainable practices can result in more consistent and foreseeable long-term economic conditions, thereby reducing the volatility of financial markets including the digital asset class. Our analysis offers key implications to cryptocurrency investors.
Kamil JeŞek, Seongho Jeong, Yeonsoo Kim, Bernhard Scholz ¡ 5 authors
Ethereumâs smart contracts operate on directly addressable storage that is represented as tries. The performance of the Ethereum Virtual Machine (EVM) suffers from slow storage access due to trie encoding, which hampers transaction throughput and scalability. To mitigate the Ethereum storage performance bottleneck, we propose a new storage representation for the EVM that supports asynchronous trie construction. Without changing the Ethereum protocol, we add a flat representation called Storage Replica to improve performance. Storage Replica provides a fast lookup of values in the programâs main thread, while a worker thread prepares the tries for subsequent cryptographic calculations. With a storage overhead of less than 5% (i.e., 10 GB), we achieve up to a 6Ă speedup in processing smart contracts and a 4Ă speedup in block commits for the initial 9 M blocks of the Ethereum blockchain.
We present the first application of algebraic topology to smart contract vulnerability detection, demonstrating that reentrancy vulnerabilities correspond to non-trivial first cohomology classes ($H^1 \neq 0$) in the contract call graph. Using the Eden Scanner's Hensel obstruction test, we identified a critical vulnerability in the Inverse Finance FiRM Convex sDola-scrvUSD Market contract (address \texttt{0x63D27fC9d463Ed727676367D3F818999962737E8}) within 48 hours of its addition to the Immunefi bug bounty scope. The vulnerability affects approximately \$605,500 in total value locked and enables direct theft of user collateral through a reentrancy attack via the \texttt{liquidate()} $\to$ \texttt{escrow.pay()} $\to$ callback path. We provide mathematical proof of exploitability through the Regularization Theorem and validate with a fork test against Ethereum mainnet. \end{abstract}
Aleksei Adadurov, S. Barseghyan, Anton Chtepine, Antero Eloranta ¡ 6 authors
This paper examines the impact of reducing Ethereum slot time on decentralized exchange activity, with a focus on CEX-DEX arbitrage behavior. We develop a trading model where the agent's DEX transaction is not guaranteed to land, and the agent explicitly accounts for this execution risk when deciding whether to pursue arbitrage opportunities. We compare agent behavior under Ethereum's default 12-second slot time environment with a faster regime that offers 1-second subslot execution. The simulations, calibrated to Binance and Uniswap v3 data from July to September 2025, show that faster slot times increase arbitrage transaction count by 535% and trading volume by 203% on average. The increase in CEX-DEX arbitrage activity under 1-second subslots is driven by the reduction in variance of both successful and failed trade outcomes, increasing the risk-adjusted returns and making CEX-DEX arbitrage more appealing.
The global real estate market, valued at over $326 trillion, continues to operate with significant structural inefficiencies, including cross-border trust deficits, valuation opacity, design friction, and information asymmetry. These challenges result in prolonged transaction timelines, elevated costs, and high failure rates, particularly in international property transactions. This technical white paper presents Redditus, a comprehensive AI-driven real estate ecosystem designed to automate and optimize end-to-end property transactions through the integration of twelve specialized artificial intelligence systems deployed on Polygon Proof-of-Stake blockchain infrastructure. The platform combines portable blockchain-based trust via Ethereum Attestation Service, multi-modal property valuation, multilingual real-time communication, generative interior design, graph-based intelligent matching, and constitutional legal AI to target automation of up to 90% of transaction complexity. System performance and economic impact are evaluated using large-scale synthetic datasets calibrated against real-world market statistics. Simulation results indicate projected transaction completion rates of up to 89% (compared to a 66% industry baseline), closing timelines reduced by approximately 60%, and average per-transaction savings of $2,450. At scale, this corresponds to hundreds of millions of dollars in potential user value creation and substantial acceleration of decision-making processes. Beyond technical performance, Redditus introduces the concept of portable, verifiable trust, enabling credentials established in one jurisdiction to be cryptographically validated and reused across borders. The platformâs utility-first token model (RDT) aligns incentives through staking, governance, and fee optimization, prioritizing sustainable platform economics over speculative mechanisms. This document provides detailed architectural designs, mathematical formulations, system interconnections, benchmark methodologies, and risk analyses intended for technical stakeholders, researchers, investors, and infrastructure partners. This document is a living technical white paper. All system specifications, benchmarks, performance metrics, and architectural decisions are subject to continuous updates based on real-world deployment data, external validation, and iterative development.
Rosa GalvĂŁo, Domingos Santos Martinho, Nuno Nogueira, Rui Dias
The main objective of this study is to compare the efficiency levels, in their weak form, between sustainable cryptocurrencies such as Avalanche (AVAX), Cardano (ADA), Solana (SOL), Toncoin (TON) and Ethereum (ETH) (after 'The Merge'), which use efficient mechanisms such as proof-of-stake (PoS), and Binance Coin (BNB), Litecoin (LTC), Monero (XMR), Ripple (XRP), and Bitcoin (BTC) classified as unsustainable cryptocurrencies due to their excessive energy consumption based on proof-of-work (PoW). The analysed period was from 1 January 2023 to 10 December 2024. The Detrended Fluctuation Analysis (DFA) slopes reveal a significant impact of the 2023 Conflict on cryptocurrency dynamics, with distinct effects per asset. Sustainable cryptocurrencies (AVAX, ADA, SOL) demonstrated greater resilience, maintaining persistence with a brief reduction in long memory, reflecting their relative stability and attractiveness in uncertainty scenarios. In contrast, non-sustainable cryptocurrencies (LTC, XMR) transitioned from persistence to anti-persistence, indicating greater instability and speculation, associated with lower investor confidence. Assets such as TON (white noise) and XRP (consistent persistence) were less affected, suggesting intrinsic characteristics that confer resilience. Distinguishing between sustainability and other market factors is crucial to understand behaviours and build resilient portfolios, providing valuable insights for investors and researchers.
Maximal Extractable Value (MEV) has been a longstanding unfairness and volatility in Ethereum's final execution, as there are opportunities for transaction ordering to allow for private gains that precede the observation of ordinary users. This study builds a framework for MEV identification, adaptive defense, and short-horizon prediction based on graphs. Records of transactions from MEV labels, bundle-level observations, and Ethereum on-chain data are organized into a heterogeneous transaction graph. A Relational Graph Convolutional Network (RGCN) is employed to learn representations of accounts and transactions that are aware of their relations, and the learned representations are integrated with engineered transaction features in an eXtreme Gradient Boosting (XGBoost) classifier. The defense module applies incremental updates with contrastive self- supervision in order to deal with the evolving nature of attacks. Additionally, a Temporal Graph Neural Network estimates the near-future MEV risk based on the historical graph states. Experimental results show that the graph-based design outperforms traditional classifiers, with the highest accuracy of 91.6% and the highest F1 score of 89.8%; while the temporal modelling gives better and more stable early-warning accuracy as the prediction horizon grows, with the best accuracy of 88.7% at the 10th horizon.
We develop a Bitcoin Polar Pricing Model that transforms Bitcoin prices into polar coordinates to identify, price, and forecast cyclical dynamics. Rather than imposing the four-year halving cycle, we estimate it endogenously: three independent methods converge on 3.86 years, and Bitcoin sits closer to the 1,461-day halving benchmark than Ethereum or the S&P 500 placebos under every method. The model explains 94% of Bitcoin's log-price variation, with significant within-cycle Fourier structure. Apparent predictability rises with horizon, a pattern we interpret cautiously given known overlappingwindow biases. Collectively, the polar pricing model offers a legitimate, economically grounded framework for pricing Bitcoin.
Smart contracts deployed on the Ethereum blockchain execute on the Ethereum Virtual Machine (EVM) and handle financial operations such as payments, asset transfers, and auctions. Given the high value they control, correctness in these contracts is critical, as errors and vulnerabilities have led to losses totalling hundreds of millions of dollars. To address this problem, we develop a novel formalization of the EVM. Compared to existing formalizations, our formalization is in Isabelle/HOL, covers all current EVM opcodes, and formalizes cross-contract execution. Thus, it allows us to express properties which are out of scope for other formalizations. To allow for the execution of our formalization, we implement a code generator, allowing it to be exported as a stand-alone Haskell program. We then validate the semantics by executing νmprint{25000} test cases from the official Ethereum test suite. Our formalization can be used to verify concrete smart contracts but also to reason about the correctness of tools and techniques which manipulate bytecode, such as compilers or optimizers.
Francis Chigozie Emmanuel, Ogaziechi Tobechi Anold, Obidinma Christian Alozie, Ikenna Tonna Adiele
The global freelance economy has experienced rapid growth, yet existing payment and escrow systems remain constrained by structural inefficiencies inherent in both centralized fiat-based and decentralized cryptocurrency-based models. Centralized escrow systems, while widely adopted due to their regulatory compliance and usability, suffer from custodial opacity, information asymmetry, high transaction costs, and limited verifiability. Conversely, purely decentralized blockchain-based escrow systems offer transparency and trust-minimized execution through smart contracts but face barriers including cryptocurrency price volatility, limited fiat integration, steep technical learning curves, and inadequate dispute resolution mechanisms for subjective deliverables. This article, a hybrid escrow system integrates traditional fiat payment infrastructure with decentralized Ethereum-compatible smart contract execution. The system adopts a three-layer architecture comprising a centralized service layer, a middleware synchronization layer, and a decentralized execution layer. A Finite State Machine (FSM) model governs escrow state transitions across both fiat-funded and cryptocurrency-funded transactions, ensuring determinism, auditability, and consistency. The system further incorporates a human-in-the-loop dispute resolution framework anchored to blockchain execution, enabling fair and transparent adjudication of subjective conflicts. Evaluation results demonstrate that the proposed hybrid architecture successfully bridges the gap between traditional finance and decentralized systems. The system achieved 100% correct FSM state enforcement with zero unauthorized fund releases across all test scenarios. Fiat-funded contracts were synchronized to the blockchain with an average latency of 8.4 seconds, while cryptocurrency-funded contracts confirmed on-chain within a median of 3.2 seconds on the Polygon testnet. All three dispute resolution outcomes were correctly enforced on-chain within an average of 5.1 seconds following adjudication, and API response times remained below 420 milliseconds under concurrent user loads. An ablation study further confirmed that all three architectural layers are individually necessary, as removing any single layer degraded transparency, payment flexibility, dispute resolution capability, or user accessibility. This research contributes a scalable and adaptable hybrid escrow blueprint applicable to fintech development, digital labour platforms, and cross-border payment systems.
This paper presents a comprehensive structural analysis of cryptocurrency derivative markets spanning January 2019 to December 2024, covering Bitcoin (BTC), Ethereum (ETH), and six additional tokens across over 2.83 billion high-frequency transactions on eight major centralized exchanges and three decentralized finance (DeFi) derivative protocols. Using a theoretically grounded multi-method frameworkâcomprising Vector Error Correction Models (VECM), Hasbrouck (1995) and Gonzalo-Granger (1995) information share decompositions, Heston (1993) and rough volatility (Gatheral et al., 2018) stochastic models, DCC-GARCH(1,1) augmented with realized kernel estimators, MIDAS regressions linking high-frequency derivative signals to lowerfrequency on-chain variables, and panel quantile regressions for cross-sectional volatility riskâwe deliver six primary empirical contributions. First, perpetual swap markets consistently dominate spot markets in price discovery, contributing 63.4% (BTC) and 58.7% (ETH) of price-efficient information on average, rising to 72.1% and 68.4%, respectively, during the top quartile of volatility daysâconsistent with informed-agent migration to leveraged venues. Second, the Heston leverage correlation estimate Ď = â0.61 for BTC and Ď = â0.73 for ETH reflects asymmetric tail risk demand rather than balance-sheet leverage, with the implied volatility smirk's left-tail slope strongly cointegrated with funding-rate deviations (r = â0.54, p < 0.001). Third, we estimate a time-varying variance risk premium averaging 14.8 (BTC) and 19.3 (ETH) annualized variance percentage points; panel regressions reveal that on-chain network congestion fees retain significant incremental explanatory power after controlling for VIX, DXY, and credit spreadsâa novel identification of a blockchain-specific volatility channel. Fourth, rough volatility models (Hurst exponent H â 0.08 for BTC) significantly outperform classical Heston specifications in fitting near-term implied volatility smiles, with RMSPE reductions of 31.7% for one-week expiry options. Fifth, CME Bitcoin Futures introduction produced a structural break in arbitrage efficiency, reducing basis mean-reversion halflives by 41.2% and lowering adverse-selection costs by 18.6 basis points. Sixth, on-chain DeFi perpetual protocols (GMX v2, dYdX v4) exhibit significantly higher adverse selection costs and lower price discovery shares (mean IS = 0.24) relative to centralized counterparts, but display timevarying convergence during U.S. regulatory uncertainty episodes. Our findings deliver unified implications for derivative pricing theory, risk management, and the architectural design of regulated cryptocurrency derivative markets.
Nur Haliza Abdul Wahab, Juniardi Nur Fadila, Nur Faszha Razali, Keng Yinn Wong
High transaction costs remain a major barrier to the scalability of Ethereum-based decentralized applications (DApps), particularly when smart contracts are computationally inefficient. Although the Solidity compiler optimizer can reduce bytecode size and improve some low-level patterns, it does not fully address structural inefficiencies in storage layout and state mutation. This study introduces controlled empirical research on the topic of manual smart contract refactoring approaches with the aim of quantifying their impact on gas usage and execution cost in the Ethereum Virtual Machine (EVM). The Remix Integrated Development Environment (IDE) and a synchronized Go-Ethereum (Geth) node (version 1.13.5) were configured to create a controlled experimental environment. This environment was connected to the Sepolia Testnet to approximate conditions similar to the Ethereum Mainnet. The role of high-cost storage operations such as SSTORE was analyzed using opcode-level transaction traces, which were collected using debug_traceTransaction. The proposed refactoring plan implies the alignment of storage slots by systematically packing the variables and data location optimization (calldata and memory) to minimize unnecessary memory allocation. The experiments show gas reductions of up to 40.68% for storage-intensive functions, with an average reduction of 28.5% across all evaluated test cases. Moreover, the findings at the opcode level have shown that it is possible to reduce the costs of unnecessary storage writes without impacting the correct functional performance of the execution. Overall, the findings show that storage-aware manual refactoring is a viable strategy for improving runtime efficiency and reducing the execution cost of Layer-1 smart contracts.
Ahmed Abbas Jasim AlâHchaimi, M. A. Khalifa, Walid ElâShafai
ABSTRACT Blockchain networks now support billions of dollars in daily transactions, making reliable and transparent fraud detection essential for maintaining user trust and financial stability. Yet, realâworld blockchain datasets are extremely imbalanced, with fraudulent activity representing less than 1% of all transactions. This imbalance causes conventional machine learning models to achieve deceptively high accuracy while still failing to detect a substantial portion of fraudulent events. To address this challenge, this study evaluates the performance and explainability of three modelsâXGBoost, LightGBM, and Decision Treeâon the Ethereumâbased fraud detection data, in which 58% of transactions are identified as fraud. The methodology combines vast feature engineering, kâfold crossâvalidation, and assorted resampling approaches, such as Synthetic Minority Oversampling Technique (SMOTE) and Adaptive Synthetic Sampling Nearest Neighbor (ADASYN), to revise the effect of class mismatch. Accuracy, AUC, recall, precision, F1âScore, and Matthews Correlation Coefficient(MCC) are used to measure model performance, and SHapley Additive exPlanations (SHAP) is utilized to give global and local interpretability. Experimental results show that XGBoost combined with SMOTE or ADASYN yields the strongest performance, achieving a recall over 99%, an AUC of 1.000, and a substantially improved MCC compared to training on the raw imbalanced data. LightGBM presents a favourable precisionârecall balance, and Decision Trees demonstrate significant gains after resampling, despite their simplicity. SHAP analysis reveals that logâtransformed transaction amount, merchantâbased encoding, geographic encoding, and temporal features are the primary contributors to fraud risk. These results are important in highlighting two implications: (i) the importance of dealing with extreme class imbalance, rather than choosing increasingly sophisticated approaches, and (ii) the ability to be trusted to be explained is a requirement of responsible working in both financial and blockchain settings. The research offers a pragmatic, interpretable framework on blockchain fraud detection and future directions, including sophisticated hybrid sampling, collective learning, as well as crossâchain generalization to enhance fraud detection in distributed systems.
ABSTRACT Over the years, numerous efforts have been undertaken to accurately forecast traffic conditions and thereby preventing additional congestion. However, existing crowd management techniques focus on recognizing and counting the crowd while leaving the security of crowd information. A typical crowd management system is centralized and faces challenges, such as contributor selection reliability, fair payment evaluation, privacy concerns and high deployment costs. This study investigates security concerns in crowd management and evaluates the potential of blockchain technology to improve crowd management security. Combining the power of blockchain (decentralization and security) and smart contracts, this work proposes a secure crowd management architecture named . The framework operates on blockchain, utilizes cryptographic algorithms, and incorporates reputation management along with credit distribution through smart contracts. effectively safeguards crowd data while its revenue structure entices users to actively contribute to the system. has been simulated on GoQuorum's Ethereum private blockchain, using elliptic curve signatures for secure and efficient processing. Its performance was tested with RAFT, PoA and IBFT consensus mechanisms where RAFT led in throughput, IBFT lagged and PoA offered a middle ground. PoA stands out for balancing scalability and security, supporting network growth while preserving identityâbased validation and data integrity.
Mohsen Minaei, Ranjit Kumaresan, Andrew Beams, Pedro Moreno-Sånchez ¡ 9 authors
Blockchain auction plays an important role in the price discovery of digital assets (e.g.NFTs).However, despite their importance, implementing auctions directly on blockchains such as Ethereum incurs scalability issues.In particular, the on-chain transactions scale poorly with the number of bidders, leading to network congestion, increased transaction fees, and slower transaction confirmation time.This lack of scalability significantly hampers the ability of the system to handle largescale, high-speed auctions that are common in today's economy.In this work, we build a protocol where an auctioneer can conduct sealed bid auctions that run entirely off-chain when parties behave honestly, and in the event that k bidders deviate (e.g., do not open their sealed bid) from an n-party auction protocol, then the on-chain complexity is only O(k).This improves over existing solutions that require O(n) on-chain complexity, even if a single bidder deviates from the protocol.In the event of a malicious auctioneer, our protocol still guarantees that the auction will successfully terminate.We implement our protocol and show that it offers significant efficiency improvements compared to existing on-chain solutions.Our use of zkSnark to achieve scalability also ensures that the on-chain contract and other participants do not learn anything about the bidders' identities and their respective bids, except for the winner and the winning bid amount.
Background: Blockchain has many applications in healthcare and can improve mobile health applications, monitoring devices, electronic media record sharing and storage, clinical trial data, and insurance information storage. In this study, the aim was to investigate the application areas of blockchain and its impact in telemedicine. Methods: This study considers articles use blockchain for telemedicine. PubMed, Science direct, and Web of Science databases are considered as searchable databases. Information on authors' names, year of publication, country, application, privacy mechanism, blockchain platform, and encryption techniques are used. 249 studies were retrieved after the initial search. Finally, 16 cases had the necessary criteria to enter this study. The JBI checklist was applied to all 16 studies. Results: China with 5 studies and Italy with 3 studies are the most important countries about blockchain in telemedicine that electronic health records are more used than others. Blockchain platforms are Ethereum, Internet of thing, cloud-service provider, and GPS. Encryption techniques are Attribute-based encryption: Decentralized identity: Order-preserving encryption- hashcode- Double blockchain. Conclusions: Blockchain plays an important role in creating security for telemedicine technology. In the future, the use of technology will have a significant and important leap, which will attract the attention of many researchers.