T. Rama Reddy, P. V. G. D. Prasad Reddy, Rayudu Srinivas, Ch. V. Raghavendran · 6 authors
Abstract Education acts as a soul in the overall societal development, in one way or the other. Aspirants, who gain their degrees genuinely, will help society with their knowledge and skills. But, on the other side of the coin, the problem of fake certificates is alarming and worrying. It has been prevalent in different forms from paper-based dummy certificates to replicas backed with database tampering and has increased to astronomic levels in this digital era. In this regard, an overlay mechanism using blockchain technology is proposed to store the genuine certificates in digital form and verify them firmly whenever needed without delay. The proposed system makes sure that the certificates, once verified, can be present online in an immutable form for further reference and provides a tamper-proof concealment to the existing certification system. To confirm the credibility of the proposed method, a prototype of blockchain-based credential securing and verification system is developed in ethereum test network. The implementation and test results show that it is a secure and feasible solution to online credential management system.
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Blockchain Technology Applications and Security
Retinal Imaging and Analysis
Advanced Steganography and Watermarking Techniques
Vulnerabilities of smart contract are certainly one of the limiting factors for wider adoption of blockchain technology. Smart contracts written in Solidity language are considered due to common adoption of the Ethereum blockchain platform. Despite its popularity, the semantics of the language is not completely documented and relies on implicit mechanisms not publicly available and as such vulnerable to possible attacks. In addition, creating formal semantics for the higher-level language provides support to verification mechanisms. In this paper, a novel approach to smart contact verification is presented that uses ontologies in order to leverage semantic annotations of the smart contract source code combined with semantic representation of domain-specific aspects. The following aspects of smart contracts, apart from source code are taken into consideration for verification: business logic, domain knowledge, run-time state changes and expert knowledge about vulnerabilities. Main advantages of the proposed verification approach are platform independence and extendability.
Santiago Figueroa-Lorenzo, Jon Goya, Javier Añorga, Iñigo Adín · 6 authors
The European Union is moving toward the “smart” era having as one of the key topics the smart mobility. What is more, the European union (EU) is moving toward Mobility as a Service (MaaS). The key concept behind MaaS is the capability to offer both the traveler's mobility and goods' transport solutions based on travel needs. For example, unique payment methods, intermodal tickets, passenger services, freight transport services, etc. The introduction of new services implies the integration of many Internet-of-Things (IoT) sensors. At this point, security gains a key role in the railway sector. Considering an environment where sensor data are monitored from sensor events, and alarms are detected and emitted when events contain an anomaly, this document proposes the development of an alarms collection system, which ensures both traceability and privacy of these alarms. This system is based on Ethereum blockchain events-log, as an efficient storage mechanism, which guarantees that any railway entity can participate in the network, ensuring both entity security and information privacy.
Tim K. Mackey, Ken Miyachi, Danny Fung, Samson Qian · 5 authors
BACKGROUND: An estimated US $2.6 billion loss is attributed to health care fraud and abuse. With traditional health care claims verification and reimbursement, the health care provider submits a claim after rendering services to a patient, which is then verified and reimbursed by the payer. However, this process leaves out a critical stakeholder: the patient for whom the services are actually rendered. This lack of patient participation introduces a risk of fraud and abuse. Blockchain technology enables secure data management with transparency, which could mitigate this risk of health care fraud and abuse. OBJECTIVE: The aim of this study is to develop a framework using blockchain to record claims data and transactions in an immutable format and to enable the patient to act as a validating node to help detect and prevent health care fraud and abuse. METHODS: We developed a health care fraud and abuse blockchain technical framework and prototype using key blockchain tools and application layers including consensus algorithms, smart contracts, tokens, and governance based on digital identity on the Ethereum platform (Ethereum Foundation). RESULTS: Our technical framework maps to the claims adjudication process and focuses on Medicare claims, with the US Centers for Medicare and Medicaid Services (CMS) as the central authority. A prototype of the framework system was developed using the blockchain platform Ethereum (Ethereum Foundation), with its design features, workflow, smart contract functions, system architecture, and software implementation outlined. The software stack used to build the system consisted of a front-end user interface framework, a back-end processing server, and a blockchain network. React was used for the user interface framework, and NodeJS and an Express server were used for the back-end processing server; Solidity was the smart contract language used to interact with a local Ethereum blockchain network. CONCLUSIONS: The proposed framework and the initial prototype have the potential to improve the health care claims process by using blockchain technology for secure data storage and consensus mechanisms, which make the claims adjudication process more patient-centric for the purposes of identifying and preventing health care fraud and abuse. Future work will focus on the use of synthetic or historic CMS claims data to assess the real-world viability of the framework.
Chun Kwong Koo, Artur Semeyutin, Chi Keung Marco Lau, Jian Fu
We study the tails’ behavior of four major Cryptocurrencies (Bitcoin, Litecoin, Ethereum and Ripple) by employing the Autoregressive Fr´echet model for conditional maxima. Using five-minute-high-frequency data, we report time-evolving tails as well as provide a straightforward measure of tails asymmetry for positive and negative intra-day returns. We find that only Bitcoin has a notable more massive tail for positive returns asymmetry while the remaining three Cryptocurrencies have a general tendency towards more massive negative intra-day tails. All considered Cryptocurrencies depict lighter tails as the market matures.
Recently, the interest around the Blockchain concept has grown faster and, as a consequence, several studies about the possibility of exploiting such technology in different application domains have been conducted. Most of these studies highlighted the benefits that the use of the blockchain could bring in those contexts where integrity and authenticity of the data are important, e.g., for reasons linked to regulations about consumers’ healthcare. In such cases, it would be important to collect data, coming in real-time through sensors, and then store them in the blockchain, so that they can become immutable and tamper-proof. In this paper, the design and development of a software framework that allows Internet-of-Things (IoT) devices to interact directly with an Ethereum-based blockchain are reported. The proposed solution represents an alternative way for integrating a wide category of IoT devices without relying on a centralized intermediary and third-party services. The main application scenario for which the project has been conceived regards food-chain traceability in the Industry 4.0 domain. Indeed, the designed system has been integrated into the depiction of a use case for monitoring the temperature of fish products within a warehouse and during the delivery process.
Purpose-As the cryptocurrency market is beginning to attract investors, a new portfolio of cryptocurrencies has been published in the literature on macro-economic factors affecting these currencies. This research also aimed to identify the interaction between gold, brent oil, Bitcoin, Ethereum and Ripple. Methodology-The database includes the Daily prices of Bitcoin, Ethereum, Ripple, gold and brent oil prices between the period of 03.04.2018-31.12.2020 which consist of 500 daily data. Natural logaritm for each indicator is used. First, the stationarity of the series were analyzed with ADF (Augmented Dickey Fuller) unit root test. Lag lengths are determined. Interactions between the series were analyzed by the Johansen Cointegration test, Granger Causality test, Impulse-Response Function and Variance Decomposition method. Findings-The series are found out to be stationary at first difference. According to the cointegration test result, cointegration could not be found between our data. According to Granger causality analysis, only one-way relationship was found from bitcoin to gold. Impulse response graphs indicate that all variables respond in a reducing way to reducing shocks occurred in each indicator. Shocks have lost their effect on average in 2 days.
Venelina Nikolova, Juan Evangelista Trinidad Segovia, M. Fernández–Martínez, M.A. Sánchez-Granero
One of the main characteristics of cryptocurrencies is the high volatility of their exchange rates. In a previous work, the authors found that a process with volatility clusters displays a volatility series with a high Hurst exponent. In this paper, we provide a novel methodology to calculate the probability of volatility clusters with a special emphasis on cryptocurrencies. With this aim, we calculate the Hurst exponent of a volatility series by means of the FD4 approach. An explicit criterion to computationally determine whether there exist volatility clusters of a fixed size is described. We found that the probabilities of volatility clusters of an index (S&P500) and a stock (Apple) showed a similar profile, whereas the probability of volatility clusters of a forex pair (Euro/USD) became quite lower. On the other hand, a similar profile appeared for Bitcoin/USD, Ethereum/USD, and Ripple/USD cryptocurrencies, with the probabilities of volatility clusters of all such cryptocurrencies being much greater than the ones of the three traditional assets. Our results suggest that the volatility in cryptocurrencies changes faster than in traditional assets, and much faster than in forex pairs.
This paper examines the risk connectedness across the seven cryptocurrencies, Bitcoin, Ethereum, Ripple, Litecoin, Stellar, Monero and Dash, who admit large capitalizations in the cryptocurrency market. The data sample is from August 7, 2015 to February 15, 2020. We apply the CAViaR model to measure the return risks of the cryptocurrencies, showing their similar risk tendencies with volatility clusterings during the beginning of 2017 and the end of 2018. The net pairwise spillover index developed by Diebold and Yilmaz (2012) is use as the measure for the risk connectedness among the cryptocurrencies. We find that the risk spillover directions are highly correlative with the capitalizations of the cryptocurrencies. The cryptocurrencies with small capitalizations transmit risks to those with large cryptocurrencies. In the risk downward tendency, the risk spillover levels among the cryptocurrencies are stronger than that in the risk upward tendency, while the spillover directions keep the same in both risk tendencies, except the cryptocurrency Monero, which may be due to the trading volume difference from the others. We use the generalized forecast error variance decomposition for the spillover index and explore the risk connectedness across the cryptocurrencies in differen time frequencies, including the short term (0-4 days), medium term (4-30 days) and long term (30-300 days) frequency. The risk spillovers in the short term frequency can be neglected, which implies the delay effects of risk spillovers. The risk spillovers in medium term frequency are mostly stronger than that in long term frequency. The dynamic connectedness result shows the risk spillover mean in the long term frequency is larger than that in the medium term frequency. An inverse result holds for the risk spillover range. The risk spillover fluctuations in the long and medium term frequency admit the coincident comparison for spillover levels in these two frequencies. The findings in this paper provide suggestions for regulators controlling the market stability and investors generating investment strategies.
Silvia Bartolucci, Giuseppe Destefanis, Marco Ortu, Nicola Uras · 6 authors
Abstract The network of developers in distributed ledgers and blockchains open source projects is essential to maintaining the platform: understanding the structure of their exchanges, analysing their activity and its quality (e.g. issues resolution times, politeness in comments) is important to determine how “healthy” and efficient a project is. The quality of a project affects the trust in the platform, and therefore the value of the digital tokens exchanged over it. In this paper, we investigate whether developers’ emotions can effectively provide insights that can improve the prediction of the price of tokens. We consider developers’ comments and activity for two major blockchain projects, namely Ethereum and Bitcoin, extracted from Github. We measure sentiment and emotions (joy, love, anger, etc.) of the developers’ comments over time, and test the corresponding time series (i.e. the affect time series ) for correlations and causality with the Bitcoin/Ethereum time series of prices. Our analysis shows the existence of a Granger-causality between the time series of developers’ emotions and Bitcoin/Ethereum price. Moreover, using an artificial recurrent neural network (LSTM), we can show that the Root Mean Square Error (RMSE)—associated with the prediction of the prices of cryptocurrencies—significantly decreases when including the affect time series.
Alberto García-Martínez, Stefano Angieri, Bingyang Liu, Fei Yang · 5 authors
The current mechanism to secure Border Gateway Protocol relies on the resource public key infrastructure (RPKI) for route origin authorization. The RPKI implements a hierarchical model that intrinsically makes lower layers in the hierarchy susceptible to errors and abuses from entities placed in higher layers. In this article, we present InBlock, a distributed autonomous organization that provides decentralized management of IP addresses based on blockchain, embedding an alternative trust model to the hierarchical one currently implemented by the RPKI. By leveraging on blockchain technology, InBlock requires consensus among the involved parties to change existent prefix allocation information. InBlock also fulfills the same objectives as the current IP address allocation system, i.e., uniqueness, fairness, conservation, aggregation, registration, and minimized overhead. InBlock is implemented as a set of blockchain smart contracts in Ethereum, performing all the functions needed for the management of a global pool of addresses without human intervention. Any entity may request an allocation of addresses to the InBlock registry by solely performing a (crypto) currency transfer to the InBlock. We describe our InBlock implementation and we perform several experiments to show that it enables fast address registering and incurs in very low management costs.
The years 2017 and 2018 saw an influx of ventures raising substantial amounts of money through initial coin offerings (ICOs). The Ethereum blockchain greatly facilitated the spectacular surge of ICOs, even though utility tokens and cryptocurrencies are not primarily meant for raising external capital for start-up firms. Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain. Blockchain Capital paved the way with its crowd sale of equity tokens on a blockchain in April 2017. In August 2018, tZERO successfully completed the largest STO thus far, raising USD 134 million. More recently, in April 2019, Societe Generale SFH issued and settled covered bonds worth over USD 100 million as a security token. While the literature has succeeded in providing many insights about the gains and losses in both ICO and cryptocurrency markets, much less is known about this nascent STO market.
With an increasing penetration of ubiquitous connectivity, the amount of data describing the actions of end-users has been increasing dramatically, both within the domain of the Internet of Things (IoT) and other smart devices. This has led to more awareness of users in terms of protecting personal data. Within the IoT, there is a growing number of peer-to-peer (P2P) transactions, increasing the exposure to security vulnerabilities, and the risk of cyberattacks. Blockchain technology has been explored as middleware in P2P transactions, but existing solutions have mainly focused on providing a safe environment for data trade without considering potential changes in interaction topologies. we present EdgeBoT, a proof-of-concept smart contracts based platform for the IoT built on top of the ethereum blockchain. With the Blockchain of Things (BoT) at the edge of the network, EdgeBoT enables a wider variety of interaction topologies between nodes in the network and external services while guaranteeing ownership of data and end users' privacy. in EdgeBoT, edge devices trade their data directly with third parties and without the need of intermediaries. This opens the door to new interaction modalities, in which data producers at the edge grant access to batches of their data to different third parties. Leveraging the immutability properties of blockchains, together with the distributed nature of smart contracts, data owners can audit and are aware of all transactions that have occurred with their data. we report initial results demonstrating the potential of EdgeBoT within the IoT. we show that integrating our solutions on top of existing IoT systems has a relatively small footprint in terms of computational resource usage, but a significant impact on the protection of data ownership and management of data trade.
Perhaps the most advanced application of the distributed ledger technology (DLT), the Blockchain is a decentralized system that is known to store immutable metadata with the use of robust cryptographic hashes and consensus mechanisms. The very foundation of the Blockchain is the establishment of trust-less transactions in peer-to-peer networks. Having been deemed to set off a whirlwind in Industry 4.0 as we know it and starting out with the groundbreaking Bitcoin, this relatively new technology is on the way to prove that it can find applications in almost every imaginable sector. While most people focus only on cryptocurrencies; this disruptive technology, in fact, offers utilities to many administrative operations, fintech procedures, and everyday services which could earlier only be done offline and/or in person, that can now be safely moved to the Internet as Software as a Service (SaaS) models. What makes Blockchain a powerful tool for digitalizing everyday facilities is the introduction of smart contracts, as brought forward foremost by the Ethereum platform. Considering today"s technology, Blockchain may create one of the most prominent alternatives to traditional voting in terms of security, consistency and speed. The Blockchain technology, fortified by Smart Contracts, enables enhanced data verifiability and lowered costs while maintaining the openness and transparency of the voting process. The anonymity of voters, the security of ballot transmission and the veracity of votes during the billing phase are the most fundamental requirements for voting. In this paper, a potential use case of Blockchain, an E-Voting protocol, is proposed, that utilizes the Blockchain as a transparent ballot box to cast votes.
This paper presents LinSBFT, a Byzantine Fault Tolerance (BFT) protocol with the capacity of processing over 2000 smart contract transactions per second in production. LinSBFT applies to a permissionless, public blockchain system, in which there is no public-key infrastructure, based on the classic PBFT with 4 improvements: (\romannumeral1) LinSBFT achieves $O(n)$ worst-case communication volume, in contract to PBFT's $O(n^4)$; (\romannumeral2) LinSBFT rotates the leader of protocol randomly to reduce the risk of denial-of-service attacks on leader; and (\romannumeral3) each run of LinSBFT finalizes one block, which is robust against participants that are honest in one run of the protocol, and dishonest in another, and the set of participants is dynamic, which is update periodically. (\romannumeral4) LinSBFT helps the delayed nodes to catch up via a synchronization mechanism to promise the liveness. Further, in the ordinary case, LinSBFT involves only a single round of voting instead of two in PBFT, which reduces both communication overhead and confirmation time, and employs the \emph{proof-of-stake} scheme to reward all participants. Extensive experiments using data obtained from the Ethereum demonstrate that LinSBFT consistently and significantly outperforms existing in-production BFT protocols for blockchains.
The concept of smart cities has become prominent in modern metropolises due to the emergence of embedded and connected smart devices, systems, and technologies. They have enabled the connection of every "thing" to the Internet. Therefore, in the upcoming era of the Internet of Things, the Internet of Vehicles (IoV) will play a crucial role in newly developed smart cities. The IoV has the potential to solve various traffic and road safety problems effectively in order to prevent fatal crashes. However, a particular challenge in the IoV, especially in Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communications, is to ensure fast, secure transmission and accurate recording of the data. In order to overcome these challenges, this work is adapting Blockchain technology for real time application (RTA) to solve Vehicle-to-Everything (V2X) communications problems. Therefore, the main novelty of this paper is to develop a Blockchain-based IoT system in order to establish secure communication and create an entirely decentralized cloud computing platform. Moreover, the authors qualitatively tested the performance and resilience of the proposed system against common security attacks. Computational tests showed that the proposed solution solved the main challenges of Vehicle-to-X (V2X) communications such as security, centralization, and lack of privacy. In addition, it guaranteed an easy data exchange between different actors of intelligent transportation systems.
The need for data trading promotes the emergence of data market. However, in conventional data markets, both data buyers and data sellers have to use a centralized trading platform which might be dishonest. A dishonest centralized trading platform may steal and resell the data seller's data, or may refuse to send data after receiving payment from the data buyer. It seriously affects the fair data transaction and harm the interests of both parties to the transaction. To address this issue, we propose a novel blockchain-based data trading framework with Trusted Execution Environment (TEE) to provide a trusted decentralized platform for fair data trading. In our design, a blockchain network is proposed to realize the payments from data buyers to data sellers, and a trusted exchange is built by using a TEE for the first time to achieve fair data transmission. With these help, data buyers and data sellers can conduct transactions directly. We implement our proposed framework on Ethereum and Intel SGX, security analysis and experimental results have demonstrated that the framework proposed can effectively guarantee the fair completion of data tradings.
Ashish Rajendra Sai, Conor Holmes, Jim Buckley, Andrew Le Gear
Blockchain systems have gained substantial traction recently, partly due to the potential of decentralized immutable mediation of economic activities. Ethereum is a prominent example that has the provision for executing stateful computing scripts known as Smart Contracts. These smart contracts resemble traditional programs, but with immutability being the core differentiating factor. Given their immutability and potential high monetary value, it becomes imperative to develop high-quality smart contracts. Software metrics have traditionally been an essential tool in determining programming quality. Given the similarity between smart contracts (written in Solidity for Ethereum) and object-oriented (OO) programming, OO metrics would appear applicable. In this paper, we empirically evaluate inheritance-based metrics as applied to smart contracts. We adopt this focus because, traditionally, inheritance has been linked to a more complex codebase which we posit is not the case with Solidity based smart contracts. In this work, we evaluate the hypothesis that, due to the differences in the context of smart contracts and OO programs, it may not be appropriate to use the same interpretation of inheritance based metrics for assessment.
A proof of work (PoW) blockchain protocol distributes rewards to its participants, called miners, according to their share of the total computational power. Sufficiently large miners can perform selfish mining - deviate from the protocol to gain more than their fair share. Such systems are thus secure if all miners are smaller than a threshold size so their best response is following the protocol. To find the threshold, one has to identify the optimal strategy for miners of different sizes, i.e., solve a Markov Decision Process (MDP). However, because of the PoW difficulty adjustment mechanism, the miners' utility is a non-linear ratio function. We therefore call this an Average Reward Ratio (ARR) MDP. Sapirshtein et al.\ were the first to solve ARR MDPs by solving a series of standard MDPs that converge to the ARR MDP solution. In this work, we present a novel technique for solving an ARR MDP by solving a single standard MDP. The crux of our approach is to augment the MDP such that it terminates randomly, within an expected number of rounds. We call this Probabilistic Termination Optimization (PTO), and the technique applies to any MDP whose utility is a ratio function. We bound the approximation error of PTO - it is inversely proportional to the expected number of rounds before termination, a parameter that we control. Empirically, PTO's complexity is an order of magnitude lower than the state of the art. PTO can be easily applied to different blockchains. We use it to tighten the bound on the threshold for selfish mining in Ethereum.
Abstract Directed Graph based models of a blockchain that capture accounts as nodes and transactions as edges, evolve over time. This temporal nature of a blockchain model enables us to understand the behavior (malicious or benign) of the accounts. Predictive classification of accounts as malicious or benign could help users of the permissionless blockchain platforms to operate in a secure manner. Motivated by this, we introduce temporal features such as burst and attractiveness on top of several already used graph properties such as the node degree and clustering coefficient. Using identified features, we train various Machine Learning (ML) models and identify the algorithm that performs the best in detecting malicious accounts. We then study the behavior of the accounts over different temporal granularities of the dataset before assigning them malicious tags. For the Ethereum blockchain, we identify that for the entire dataset—the ExtraTreesClassifier performs the best among supervised ML algorithms. On the other hand, using cosine similarity on top of the results provided by unsupervised ML algorithms such as K-Means on the entire dataset, we were able to detect 554 more suspicious accounts. Further, using behavior change analysis for accounts, we identify 814 unique suspicious accounts across different temporal granularities.
The temporal nature of modeling accounts as nodes and transactions as\ndirected edges in a directed graph -- for a blockchain, enables us to\nunderstand the behavior (malicious or benign) of the accounts. Predictive\nclassification of accounts as malicious or benign could help users of the\npermissionless blockchain platforms to operate in a secure manner. Motivated by\nthis, we introduce temporal features such as burst and attractiveness on top of\nseveral already used graph properties such as the node degree and clustering\ncoefficient. Using identified features, we train various Machine Learning (ML)\nalgorithms and identify the algorithm that performs the best in detecting which\naccounts are malicious. We then study the behavior of the accounts over\ndifferent temporal granularities of the dataset before assigning them malicious\ntags. For Ethereum blockchain, we identify that for the entire dataset - the\nExtraTreesClassifier performs the best among supervised ML algorithms. On the\nother hand, using cosine similarity on top of the results provided by\nunsupervised ML algorithms such as K-Means on the entire dataset, we were able\nto detect 554 more suspicious accounts. Further, using behavior change analysis\nfor accounts, we identify 814 unique suspicious accounts across different\ntemporal granularities.\n
The sudden development of the COVID-19 pandemic exposed the limitations in modern healthcare systems to handle public health emergencies. It is evident that adopting innovative technologies such as blockchain can help in effective planning operations and resource deployments. Blockchain technology can play an important role in the healthcare sector such as improved clinical trial data management by reducing delays in regulatory approvals, streamline the communication between diverse stakeholders of the supply chain etc. Moreover, the spread of misinformation has intensely increased during the outbreak and existing platforms lack the ability to validate the authenticity of data, causing people to panic and act irrationally. Thus, developing a blockchain-based tracking system is important to ensure that the information received by the public and government agencies are reliable and trustworthy. In this paper, we focus on blockchain abilities to track the COVID-19 data collected from various sources including news, healthcare professionals, researchers etc, verify and append them in a secure and trusted distributed ledger. Thus, we propose a generic framework using Ethereum smart contracts and oracles to track real-time data related to the number of new cases, deaths and recovered cases obtained from trusted sources. We present detailed algorithms that capture the interactions between stakeholders in the network. The smart contract code was developed and tested in Remix environment. We present the cost and security analysis incurred by the stakeholders and highlight the challenges and future directions of our work. Our work demonstrates that the proposed solution is economically feasible and ensures data integrity, security, transparency, data traceability among stakeholders.
<p>The sudden development of the COVID-19 pandemic exposed the limitations in modern healthcare systems to handle public health emergencies. It is evident that adopting innovative technologies such as blockchain can help in effective planning operations and resource deployments. Blockchain technology can play an important role in the healthcare sector such as improved clinical trial data management by reducing delays in regulatory approvals, streamline the communication between diverse stakeholders of the supply chain etc. Moreover, the spread of misinformation has intensely increased during the outbreak and existing platforms lack the ability to validate the authenticity of data, causing people to panic and act irrationally. Thus, developing a blockchain-based tracking system is important to ensure that the information received by the public and government agencies are reliable and trustworthy. In this paper, we focus on blockchain abilities to track the COVID-19 data collected from various sources including news, healthcare professionals, researchers etc, verify and append them in a secure and trusted distributed ledger. Thus, we propose a generic framework using Ethereum smart contracts and oracles to track real-time data related to the number of new cases, deaths and recovered cases obtained from trusted sources. We present detailed algorithms that capture the interactions between stakeholders in the network. The smart contract code was developed and tested in Remix environment. We present the cost and security analysis incurred by the stakeholders and highlight the challenges and future directions of our work. Our work demonstrates that the proposed solution is economically feasible and ensures data integrity, security, transparency, data traceability among stakeholders. </p>