Blockchain Papers

Follow blockchain research across journals, conferences, and preprint repositories.

315 papersLast indexed Aug 31, 2026
Search papers

Paper index

315 results · page 4 of 14

Clear filters
Jul 31, 2024·Center for Open Science
0 cites
Minting Non-Fungible Tokens with Provably Fair Procedural Generation

Timothy Michael Cotten

Implementing provable fairness in the minting process of non-fungible tokens (NFTs) enables the procedural generation of NFT metadata that can be verified in a decentralized manner, even when stored off-chain. Until now, smart contracts have required additional on-chain data, such as integrity digests, to support the verification of off-chain NFT metadata. Due to the high costs of on-chain data storage, most NFTs do not implement such validation methods, reducing trust in the NFT's off-chain metadata and increasing reliance on centralization. We propose a new method, inspired by the virtual ecology design of sandbox massively multiplayer online role-playing games (MMORPGs). This method utilizes a 256-bit unsigned integer representing a seed value, a Web3-compatible implementation of a pseudorandom number generator (W3PRNG), and an executable ruleset containing attribute definitions and their probability spaces to procedurally generate NFTs. This methodology provides users with a provably fair way of generating NFTs in an open-ended minting smart contract by imitating Proof-of-Work mining, including an arbitrary amount of work to be performed while initializing the PRNG. Due to the extremely large state space of 2^256 possible seeds, any implementation makes the NFT's economy inherently inflationary, offering more attractive features and higher utility in Web3 and Metaverse design than existing fixed supply NFT collections. Furthermore, such a system implicitly guarantees the veracity of off-chain metadata based on the on-chain seed value and the smart contract's immutable integrity configuration. (First published to the Future of Gaming Discord community in November, 2022)

Open access
Digital Rights Management and Security
Advanced Data Storage Technologies
Blockchain Technology Applications and Security
Original source
Jul 17, 2024·Future Internet
9 cites
NFT Technology for Enhanced Global Digital Registers: A Novel Approach to Tokenization

Alexandr Kuznetsov, Emanuele Frontoni, Alexandr Kuznetsov, Ruslan Shevchuk · 5 authors

In the rapidly evolving field of digital asset management, centralized and decentralized global registries have become essential tools for organizing, tracking, and distributing digital assets. However, existing systems often face challenges regarding security, censorship resistance, interoperability, customizability, and scalability. This research paper aims to address these gaps by proposing a novel decentralized global registry system based on blockchain technology and non-fungible tokens (NFTs). The research paper makes several key contributions to the field of digital asset management. First, it provides a detailed system design for the proposed decentralized global registry, outlining its architectural components, functional modules, and integration with blockchain and NFT technologies. Second, it offers a thorough comparative analysis of the advantages and limitations of the proposed system in relation to existing centralized and decentralized registries. Finally, the paper presents potential use cases and practical applications of the proposed system in various industries, demonstrating its versatility and adaptability to different contexts and requirements. In conclusion, this research paper contributes significantly to the ongoing efforts to improve digital asset management by presenting a novel, decentralized global registry system based on blockchain technology and NFTs. The proposed system addresses the key limitations of existing solutions and offers a promising direction for future research and development in this critical field.

Open access
Embedded Systems Design Techniques
VLSI and FPGA Design Techniques
Advanced Data Storage Technologies
Original source
Jul 15, 2024·Research Square
3 cites
Advancing Blockchain-Enabled InterPlanetary File System with Substrate for Distributed Data Storage

Thandile Nododile, Clement Nyirenda

In addressing the significant challenges caused by the expansion of data storage needs in blockchain systems, this paper explores the integration of the InterPlanetary File System (IPFS) with Substrate-based blockchain. By leveraging IPFS for off-chain storage and Substrate for on-chain operations, this system addresses the key challenges such as bloated storage, inefficiency, and accessibility while preserving data distribution and privacy. Through a comparative analysis with an Ethereum-based system, this study reveals significant advantages of the Substrate-IPFS solution. There is a significant reduction in data storage size and faster block confirmation times, leading to potentially lower transaction costs. The proposed approach enhances data privacy through the use of the Blake2 hashing algorithm. Overall, this research showcases the potential of Substrate-IPFS integration in overcoming the limitations of traditional blockchain storage approaches. Further exploration into the storage cost optimisation within the Substrate framework and additional functionalities using modular pallets could pave the way for significant advancements in the distributed data storage.

Open access
2 source records
Distributed and Parallel Computing Systems
Cloud Computing and Resource Management
Advanced Data Storage Technologies
Original source
Jun 25, 2024·Proceedings on Privacy Enhancing Technologies
1 cites
FlashSwift: A Configurable and More Efficient Range Proof With Transparent Setup

Nan Wang, Dongxi Liu

Bit-decomposition-based zero-knowledge range proofs in the discrete logarithm (DLOG) setting with a transparent setup, e.g., Bulletproof (IEEE S&P 18), Flashproof (ASIACRYPT 22), and SwiftRange (IEEE S&P 24), have garnered widespread popularity across various privacy-enhancing applications. These proofs aim to prove that a committed value falls within the non-negative range [0, 2^N-1] without revealing it, where N represents the bit length of the range. Despite their prevalence, the current implementations still suffer from suboptimal performance. Some exhibit reduced communication costs at the expense of increased computational costs while others experience the opposite. Presently, users are compelled to utilize these proofs in scenarios demanding stringent requirements for both communication and computation efficiency. In this paper, we introduce, FlashSwift, a stronger DLOG-based logarithmic-sized alternative. It stands out for its greater shortness and significantly enhanced computational efficiency compared with the cutting-edge logarithmic-sized ones for the most common ranges where N is no more than 64. It is developed by integrating the techniques from Flashproof and SwiftRange without using a trusted setup. The substantial efficiency gains stem from our dedicated efforts in overcoming the inherent incompatibility barrier between the two techniques. Specifically, when N=64, our proof achieves the same size as Bulletproof and exhibits 1.1 times communication efficiency of SwiftRange. More importantly, compared with the two, it achieves 2.3 times and 1.65 times proving efficiency, and 3.2 times and 1.7 times verification efficiency, respectively. At the time of writing, our proof also creates two new records of the smallest proof sizes, 289 bytes and 417 bytes, for 8-bit and 16-bit ranges among all the bit-decomposition-based ones without requiring trusted setups. Moreover, to the best of our knowledge, it is the first configurable range proof that is adaptable to various scenarios with different specifications, where the configurability allows to trade off communication efficiency for computational efficiency. In addition, we offer a bonus feature: FlashSwift supports the aggregation of multiple single proofs for efficiency improvement. Finally, we provide comprehensive performance benchmarks against the state-of-the-art ones to demonstrate its practicality.

Open access
Advanced Data Storage Technologies
Advanced Data Compression Techniques
Algorithms and Data Compression
Original source
Jun 20, 2024·Proceedings of the 25th ACM SIGPLAN/SIGBED International Conference on Languages, Compilers, and Tools for Embedded Systems
2 cites
EVMBT: A Binary Translation Scheme for Upgrading EVM Smart Contracts to WASM

Weimin Chen, Xiapu Luo, Haoyu Wang, Heming Cui · 6 authors

Ethereum is the first and largest blockchain that supports smart contracts. To enhance scalability and security, one major planned change of Ethereum 2.0 (Eth2) is to upgrade the smart contract interpreter from Ethereum Virtual Machine (EVM) to WebAssembly (WASM). In the meanwhile, many other popular blockchains have adopted WASM. Since Ethereum hosts millions of smart contracts, it is highly desirable to automatically migrate EVM smart contracts to WASM code to foster the prosperity of the blockchain ecosystem, while inheriting the historical transactions from Ethereum. Unfortunately, it is non-trivial to achieve this purpose due to the challenges in converting the EVM bytecode of smart contracts to WASM bytecode and adapting the generated WASM bytecode to the underlying blockchain environment. In particular, none of the existing tools are adequate for this task because they fail to achieve accurate translation and compatibility with the blockchain environment. In this paper, we propose a novel solution and use Eth2 as the target blockchain to demonstrate its feasibility and performance because Eth2 is highly attractive to both industry and academia. Specifically, we develop EVMBT, a novel EVM2WASM bytecode translation framework that not only ensures the fidelity of translation but also supports plugins to improve smart contracts. Extensive experiments demonstrate that EVMBT can successfully translate real-world smart contracts with high fidelity and low gas overhead.

Open access
Blockchain Technology Applications and Security
Security and Verification in Computing
Advanced Data Storage Technologies
Original source
Jun 8, 2024·Institutional Repositories DataBase (IRDB)
0 cites
分散型材料データ管理システムの開発、および環境浄化材料や蓄電池材料への展開

Warmayana I Gede Agus Krisna, Koki Hayashida, Hiroki Minegoshi, Nobuto Oka

To effectively utilize globally distributed materials data, we developed a prototype decentralized materials data management system. The secure, transparent, and efficient management of materials data was achieved using blockchain technology, smart contracts, non-fungible tokens (NFT), and interplanetary file system (IPFS) in Web3. The effectiveness of the prototype was also discussed in the case studies using performance data on materials used in environmental purification and rechargeable batteries.

Open access
Blockchain Technology Applications and Security
Mobile Agent-Based Network Management
Advanced Data Storage Technologies
Original source
Jun 3, 2024·Open MIND
0 cites
Advancing Digital Assets: Ethereum-Based NFT Marketplace with Integrated Blockchain Wallet Solutions

S Mohammed Ishaq, Arpitha K M, Himanshu Choubey, Mohammed Azeemulla · 5 authors

In an increasingly computerized universe, the secure administration & trading of crypto files and documents has become a critical concern. In this estimate seeks to label this issue beside creating decentralized implementation (App) that uses distributed larger technology and deep neural network models to enable secure and efficient digital asset management, with an emphasis on NFTs. The App's features include secure wallet network, NFT picture production, stamp out, a sale out, and account handling. The App's backend is built on the Goerli development network with reliability intelligent contracts, while IPFS and ReactJS/Ethers are utilized for scattered storage and client development, individually. Furthermore, the Open AI Api is used to create unique NFT picture depends on customer input. This design showcases the actual application of distributed larger technology and deep neural network models for creating Apps for assured and scattered crypto asset management. Universal, the project adds to the continuing study on blockchain-based solutions for secure digital asset management, while also emphasizing the power of distributed larger technology and deep neural network models to change the way we handle and trade crypto assets.

Open access
2 source records
Blockchain Technology Applications and Security
Advanced Data Storage Technologies
Digital and Cyber Forensics
Original source
Jun 1, 2024·Cybernetics and Information Technologies
10 cites
Securing Decentralized Storage in Blockchain: A Hybrid Cryptographic Framework

Jadhav Swati, Pise Nitin

Abstract The evolution of decentralized storage, propelled by blockchain advancements, has revolutionized data management. This paper focuses on content security in the InterPlanetary File System (IPFS), a leading decentralized storage network lacking inherent content encryption. To address this vulnerability, we propose a novel hybrid cryptographic algorithm, merging AES 128-bit encryption with Elliptic Curve Cryptography (ECC) key generation. The algorithm includes ECC key pairs, random IV generation, and content/AES key encryption using ECC public keys. Benchmarking against standard AES 256-bit methods shows a significant 20% acceleration in encryption speed and a 16% increase in decryption efficiency, affirming practicality for enhancing IPFS content security. This research contributes to securing decentralized storage and provides a performance-driven solution. The promising results highlight the viability of the proposed approach, advancing understanding and mitigating security concerns in IPFS and similar systems.

Open access
Cryptography and Data Security
Advanced Data Storage Technologies
Chaos-based Image/Signal Encryption
Original source
May 23, 2024·Distributed Ledger Technologies Research and Practice
1 cites
Dynamically Sharded Ledgers on a Distributed Hash Table

Christoffer Fink, Olov Schelén, Ulf Bodin

Distributed ledger technology such as blockchain is considered essential for supporting large numbers of micro-transactions in the Machine Economy, which is envisioned to involve billions of connected heterogeneous and decentralized cyber-physical systems. This stresses the need for performance and scalability of distributed ledger technologies. Addressing this, sharding techniques that divide the blockchain network into multiple committees are a common approach to improve scalability. However, with current sharding approaches, costly cross-shard verification is needed to prevent double-spending. This article proposes a novel and more scalable distributed ledger method named ScaleGraph that implements dynamic sharding by using routing and logical proximity concepts from distributed hash tables. ScaleGraph addresses cybersecurity in terms of integrity and availability to support frequent micro-transactions between autonomous devices. Benefits of ScaleGraph include a total storage space complexity of \(O(t)\) , where \( t \) is the global number of transactions (assuming a constant replication degree). This space is sharded over \( N \) nodes so that each node needs \(O(t/N)\) storage in expectation, which provides a high level of concurrency and data localization as compared to other delegated consensus proposals. ScaleGraph allows for a dynamic grouping of validators that are selected based on a distance metric. We analyze the consensus requirements in such a dynamic setting and show that a synchronous consensus protocol allows shards to be smaller than an asynchronous one, and likely yields better performance. Moreover, we provide an experimental analysis of security aspects regarding the required size of the consensus groups with ScaleGraph. Our analysis shows that dynamic sharding based on proximity concepts brings attractive scalability properties in general, especially when the fraction of corrupt nodes is small.

Open access
3 source records
Blockchain Technology Applications and Security
Distributed systems and fault tolerance
Cloud Computing and Resource Management
Original source
May 21, 2024·Proceedings of the ACM on Measurement and Analysis of Computing Systems
30 cites
A Closer Look into IPFS: Accessibility, Content, and Performance

Ruizhe Shi, Ruizhi Cheng, Bo Han, Yue Cheng · 5 authors

The InterPlanetary File System (IPFS) has recently gained considerable attention. While prior research has focused on understanding its performance characterization and application support, it remains unclear: (1) what kind of files/content are stored in IPFS, (2) who are providing these files, (3) are these files always accessible, and (4) what affects the file access performance. To answer these questions, in this paper, we perform measurement and analysis on over 4 million files associated with CIDs (content IDs) that appeared in publicly available IPFS datasets. Our results reveal the following key findings: (1) Mixed file accessibility: while IPFS is not designed for a permanent storage, accessing a non-trivial portion of files, such as those of NFTs and video streams, often requires multiple retrieval attempts, potentially blocking NFT transactions and negatively affecting the user experience. (2) Dominance of NFT (non-fungible token) and video files: about 50% of stored files are NFT-related, followed by a large portion of video files, among which about half are pirated movies and adult content. (3) Centralization of content providers: a small number of peers (top-50), mostly cloud nodes hosted by tech companies, serve a large portion (95%) of files, deviating from IPFS's intended design goal. (4) High variation of downloading throughput and lookup time: large file retrievals experience lower average throughput due to more overhead for resolving file chunk CIDs, and looking up files hosted by non-cloud nodes takes longer. We hope that our findings can offer valuable insights for (1) IPFS application developers to take into consideration these characteristics when building applications on top of IPFS, and (2) IPFS system developers to improve IPFS and similar systems to be developed for Web3.

Open access
2 source records
Peer-to-Peer Network Technologies
Caching and Content Delivery
Advanced Data Storage Technologies
Original source
May 19, 2024·arXiv
9 cites
Nurgle: Exacerbating Resource Consumption in Blockchain State Storage via MPT Manipulation

Zheyuan He, Zihao Li, Ao Qiao, Xiapu Luo · 9 authors

Blockchains, with intricate architectures, encompass various components, e.g., consensus network, smart contracts, decentralized applications, and auxiliary services. While offering numerous advantages, these components expose various attack surfaces, leading to severe threats to blockchains. In this study, we unveil a novel attack surface, i.e., the state storage, in blockchains. The state storage, based on the Merkle Patricia Trie, plays a crucial role in maintaining blockchain state. Besides, we design Nurgle, the first Denial-of-Service attack targeting the state storage. By proliferating intermediate nodes within the state storage, Nurgle forces blockchains to expend additional resources on state maintenance and verification, impairing their performance. We conduct a comprehensive and systematic evaluation of Nurgle, including the factors affecting it, its impact on blockchains, its financial cost, and practically demonstrating the resulting damage to blockchains. The implications of Nurgle extend beyond the performance degradation of blockchains, potentially reducing trust in them and the value of their cryptocurrencies. Additionally, we further discuss three feasible mitigations against Nurgle. At the time of writing, the vulnerability exploited by Nurgle has been confirmed by six mainstream blockchains, and we received thousands of USD bounty from them.

Open access
2 source records
cs.CR
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Original source
May 17, 2024·arXiv (Cornell University)
0 cites
On Orchestrating Parallel Broadcasts for Distributed Ledgers

Peiyao Sheng, Chenyuan Wu, Dahlia Malkhi, Michael K. Reiter · 7 authors

This paper introduces and develops the concept of ``ticketing'', through which atomic broadcasts are orchestrated by nodes in a distributed system. The paper studies different ticketing regimes that allow parallelism, yet prevent slow nodes from hampering overall progress. It introduces a hybrid scheme which combines managed and unmanaged ticketing regimes, striking a balance between adaptivity and resilience. The performance evaluation demonstrates how managed and unmanaged ticketing regimes benefit throughput in systems with heterogeneous resources both in static and dynamic scenarios, with the managed ticketing regime performing better among the two as it adapts better. Finally, it demonstrates how using the hybrid ticketing regime performance can enjoy both the adaptivity of the managed regime and the liveness guarantees of the unmanaged regime.

Open access
2 source records
Caching and Content Delivery
Peer-to-Peer Network Technologies
Advanced Data Storage Technologies
Original source
May 16, 2024·ACM Transactions on Storage
6 cites
LVMT: An Efficient Authenticated Storage for Blockchain

C. Li, Sidi Mohamed Beillahi, Guang Yang, Ming Wu · 6 authors

Authenticated storage access is the performance bottleneck of a blockchain, because each access can be amplified to potentially O (log n ) disk I/O operations in the standard Merkle Patricia Trie (MPT) storage structure. In this article, we propose a multi-Layer Versioned Multipoint Trie (LVMT), a novel high-performance blockchain storage with significantly reduced I/O amplifications. LVMT uses the authenticated multipoint evaluation tree vector commitment protocol to update commitment proofs in constant time. LVMT adopts a multi-layer design to support unlimited key–value pairs and stores version numbers instead of value hashes to avoid costly elliptic curve multiplication operations. In our experiment, LVMT outperforms the MPT in real Ethereum traces, delivering read and write operations 6× faster. It also boosts blockchain system execution throughput by up to 2.7×.

Open access
Blockchain Technology Applications and Security
Advanced Data Storage Technologies
Cloud Data Security Solutions
Original source
May 16, 2024·arXiv (Cornell University)
0 cites
DIMSIM -- Device Integrity Monitoring through iSIM Applets and Distributed Ledger Technology

Tooba Faisal, Emmanuel Marilly

In the context of industrial environment, devices, such as robots and drones, are vulnerable to malicious activities such device tampering (e.g., hardware and software changes). The problem becomes even worse in a multi-stakeholder environment where multiple players contribute to an ecosystem. In such scenarios, particularly, when devices are deployed in remote settings, ensuring device integrity so that all stakeholders can trust them is challenging. Existing methods, often depend on additional hardware like the Trusted Platform Module (TPM) which may not be universally provided by all vendors. In this study, we introduce a distributed ledger technology-oriented architecture to monitor the remote devices' integrity using eUICC technology, a feature commonly found in industrial devices for cellular connectivity. We propose that using secure applets in eUICC, devices' integrity can be monitored and managed without installing any additional hardware. To this end, we present an end-to-end architecture to monitor device integrity thereby enabling all the stakeholders in the system to trust the devices. Additionally, we leverage the properties of immutable databases to provide robustness and efficiently to our model. In our primary evaluations, we measure the overhead caused by hashing our proposed data packets and performance of integrating an immutable database into our system. Our results show that performing hashing on our data packets takes order of microseconds, while reading and writing to an immutable database also requires only milliseconds.

Open access
2 source records
cs.CR
Advanced Data Storage Technologies
Original source
Apr 22, 2024·arXiv (Cornell University)
1 cites
Towards Proxy Staking Accounts Based on NFTs in Ethereum

Viktor Valaštín, Roman Bitarovský, Kristián Košťál, Ivan Kotuliak

Blockchain is a technology that is often used to share data and assets. However, in the decentralized ecosystem, blockchain-based systems can be utilized to share information and assets without the traditional barriers associated with solo responsibility, e.g., multi-sig wallets. This paper describes an innovative approach to blockchain networks based on a non-fungible token that behaves as an account (NFTAA). The key novelty of this article is using NFTAA to leverage the unique properties of NFTs to manage your ownership better and effectively isolate them to improve the security, transparency, and even interoperability possibilities. Additionally, the account-based solution gives us the ability and flexibility to cover regular use cases such as staking and liquid equities, but also practical composability. This article offers a simple implementation, which allows developers and researchers to choose the best solution for their needs in demand of abstract representation in any use case.

Open access
3 source records
Advanced Data Storage Technologies
cs.DC
cs.CR
Original source
Apr 10, 2024·Communications in Statistics - Simulation and Computation
3 cites
Prediction of Cryptocurrency Prices through a Path Dependent Monte Carlo Simulation

Ayush Singh, Anshu K. Jha, Amit N. Kumar

Financial markets, particularly cryptocurrency markets, are characterized by high volatility and sudden price jumps, making it essential to develop models that can capture these dynamics effectively. In this paper, our focus lies on the Merton’s jump diffusion model, employing jump processes characterized by the compound Poisson process. Our primary objective is to forecast the drift and volatility of the model using a variety of methodologies. We adopt an approach that involves implementing different drift, volatility, and jump terms within the model through various machine learning techniques, traditional methods, and statistical methods on price-volume data. Additionally, we introduce a path-dependent Monte Carlo simulation to model cryptocurrency prices, taking into account the volatility and unexpected jumps in prices. The results indicate that incorporating jump processes significantly improves forecasting accuracy, especially in volatile markets. Our findings highlight the effectiveness of combining machine learning and traditional methods for more robust predictions.

Open access
3 source records
q-fin.ST
math.PR
Complex Systems and Time Series Analysis
Original source
Apr 9, 2024·IACR Communications in Cryptology
3 cites
Verifiable Encryption from MPC-in-the-Head

Akira Takahashi, Greg Zaverucha

Verifiable encryption (VE) is a protocol where one can provide assurance that an encrypted plaintext satisfies certain properties, or relations. It is an important building block in cryptography with many useful applications, such as key escrow, group signatures, optimistic fair exchange, and others. However, the majority of previous VE schemes are restricted to instantiation with specific public-key encryption schemes or relations. In this work, we propose a novel framework that realizes VE protocols using zero-knowledge proof systems based on the MPC-in-the-head paradigm (Ishai et al. STOC 2007). Our generic compiler can turn a large class of zero-knowledge proofs into secure VE protocols for any secure public-key encryption scheme with the undeniability property, a notion that essentially guarantees binding of encryption when used as a commitment scheme. Our framework is versatile: because the circuit proven by the MPC-in-the-head prover is decoupled from a complex encryption function, the work of the prover is focused on proving the encrypted data satisfies the relation, not the proof of plaintext knowledge. Hence, our approach allows for instantiation with various combinations of properties about the encrypted data and encryption functions. We then consider concrete applications, to demonstrate the efficiency of our framework, by first giving a new approach and implementation to verifiably encrypt discrete logarithms in any prime order group more efficiently than was previously known. Then we give the first practical verifiable encryption scheme for AES keys with post-quantum security, along with an implementation and benchmarks.

Open access
Cryptography and Data Security
Advanced Data Storage Technologies
Cloud Data Security Solutions
Original source
Apr 8, 2024·Proceedings of the 39th ACM/SIGAPP Symposium on Applied Computing
2 cites
Disjunctive Multi-Level Digital Forgetting Scheme

Marwan Adnan Darwish, Georgios Smaragdakis

The virtue of data forgetting has become a substantial demand in the digital era. Once online content has served its purpose, the concept of forgetting arises to ensure that data remains private between data owners and service providers. Despite significant advancements in supporting data forgetting through approaches like access heuristics, elastic expiration times, and manual revocation, the existing research falls short in addressing the demand for a multi-level forgetting structure that can cater to diverse audience-based expiration requirements while considering additional criteria. To the best of our knowledge, no prior works have investigated this gap, emphasizing the need for a comprehensive solution that can effectively accommodate the varying expiration needs of different audience groups. In this paper, we introduce a novel disjunctive multi-level forgetting scheme designed to meet the aforementioned demand for data forgetting. Our scheme introduces unique expiration periods for the encrypted data the service provider stores, called levels. Users are grouped into different levels based on priorities assigned by the data owners. Each level corresponds to a specific expiration threshold, enabling designated user groups to access the content within its validity period before it is forgotten. This approach enables selective data forgetting for one group while enabling concurrent access and retention for other user groups until the stipulated expiration period elapses. To achieve this, we have devised a cutting-edge system that integrates a hierarchical and dynamic scheme utilizing a key decay for managing expiration periods. Moreover, we introduce an innovative approach that harnesses smart contracts on a local Ethereum blockchain to enforce regulations and streamline the secure and efficient expiration and deletion of data. Finally, we thoroughly evaluate our proposed scheme, focusing on decay sensitivity, computational complexity, and rigorous security analysis.

Open access
Advanced Steganography and Watermarking Techniques
Advanced Data Storage Technologies
Cryptography and Data Security
Original source
Apr 8, 2024·Proceedings of the 39th ACM/SIGAPP Symposium on Applied Computing
1 cites
Dynamic Optimization of the Latency Throughput Trade-off in Parallel Chain Distributed Ledgers

Pedro Camponês, Henrique Domingos

In the realm of Distributed Ledgers (DLs), a solution to enhancing maximum peak throughput involves establishing multiple independent blockchains that evolve concurrently. However, an excess of parallel chains in comparison to the application's demands can result in increased latency in content delivery, squandered bandwidth, and heightened computational strain on network nodes.

Open access
Blockchain Technology Applications and Security
Distributed systems and fault tolerance
Advanced Data Storage Technologies
Original source
Mar 29, 2024·International Research Journal of Modernization in Engineering Technology and Science
0 cites
DISTRIBUTED LEDGER TECHNOLOGY FOR FILE SHARING SYSTEM

Authors unavailable

Distributed ledger technology (DLT) as an rising alternative for improving safety and transparency in reportsharing structures is very promising. In this regard, the existing have a look at is providing a blockchain-based system for file sharing where allotted ledgers may be used to conquer the restrictions of centralized structures. To make certain that the records shared is secure, unchangeable, and necessary, the gadget applies consensus, hashing, and encryption strategies. The use of clever contracts lets in for automatic execution of documentsharing transactions in a steady manner, thus lowering the capability risks associated with fraud or prison troubles. Furthermore, users are furnished with more control by letting them specify permissions and get right of entry to constraints for his or her documents. To make it smooth to use the blockchain and combine those technologies, the system makes use of decentralized file storage primarily based on Blockchain. Also, the databases used by this machine are FileCoin for login information and Web3 Token for document sharing and storing, which brings protection into the scene, makes storage decentralized, and increases transparency.

Open access
Caching and Content Delivery
Peer-to-Peer Network Technologies
Advanced Data Storage Technologies
Original source
Mar 22, 2024·arXiv (Cornell University)
1 cites
Tax Policy Handbook for Crypto Assets

Arindam Misra

The Financial system has witnessed rapid technological changes. The rise of Bitcoin and other crypto assets based on Distributed Ledger Technology mark a fundamental change in the way people transact and transmit value over a decentralized network, spread across geographies. This has created regulatory and tax policy blind spots, as governments and tax administrations take time to understand and provide policy responses to this innovative, revolutionary, and fast-paced technology. Due to the breakneck speed of innovation in blockchain technology and advent of Decentralized Finance, Decentralized Autonomous Organizations and the Metaverse, it is unlikely that the policy interventions and guidance by regulatory authorities or tax administrations would be ahead or in sync with the pace of innovation. This paper tries to explain the principles on which crypto assets function, their underlying technology and relates them to the tax issues and taxable events which arise within this ecosystem. It also provides instances of tax and regulatory policy responses already in effect in various jurisdictions, including the recent changes in reporting standards by the FATF and the OECD. This paper tries to explain the rationale behind existing laws and policies and the challenges in their implementation. It also attempts to present a ballpark estimate of tax potential of this asset class and suggests creation of global public digital infrastructure that can address issues related to pseudonymity and extra-territoriality. The paper analyses both direct and indirect taxation issues related to crypto assets and discusses more recent aspects like proof-of-stake and maximal extractable value in greater detail.

Open access
2 source records
q-fin.GN
cs.CR
Financial Reporting and XBRL
Original source
Mar 20, 2024·arXiv (Cornell University)
0 cites
The Mediterraneus Protocol: building an SSI native decentralised ecosystem of digital services

Luca Giorgino, Andrea Vesco

This paper presents, for the first time, the Mediterraneous protocol. It is designed to support the development of an Internet of digital services, owned by their creators, and consumed by users by presenting their decentralised digital identity and a proof of service purchase. Mediterraneous is Self-Sovereign Identity (SSI) native, integrating the SSI model at the core of its working principles to overcome the limitations resulting from using pseudonyms and centralised access control of existing Web3 solutions.

Open access
2 source records
cs.CR
Advanced Data Storage Technologies
Mobile Agent-Based Network Management
Original source
Mar 15, 2024·International Education and Research Journal
0 cites
ETHEREUM ORIENTED ENHANCED SECURE LOG FILE STORAGE USING INTERPLANETARY FILE SYSTEM WITH BLOWFISH ENCRYPTION

M. S. Anbarasi, P. Barath, Y. Bharath, Arun Kumar J. · 5 authors

In the realm of cloud server operations, where the sheer volume of daily transactions is immense, safeguarding data security is paramount. One of the significant challenges faced is the verification of transaction logs, as attackers may attempt to tamper with them. The current system, utilizing Proof of Work (PoW) for blockchain, falls short by lacking robust data encryption, thereby exposing a critical vulnerability. This proposed paper introduces an innovative solution by integrating the more secure and energy-efficient Proof of Stake (PoS) algorithm with Blowfish encryption. The combination of PoS and Blowfish addresses the identified weaknesses effectively. PoS introduces a novel approach by relying on validators who have a stake in the network, creating a powerful deterrent against log tampering. This not only enhances the integrity of the transaction logs but also reduces the risk of malicious activities. Additionally, the incorporation of Blowfish encryption ensures the confidentiality of log data, providing an extra layer of protection. Even if logs are accessed illicitly, the encryption prevents unauthorized individuals from deciphering sensitive information. Furthermore, the implementation of a smart contract for user registration adds another dimension to security, creating a comprehensive solution to fortify data security on Cloud servers. The proposed approach offers a promising solution to the critical cybersecurity challenge faced by cloud servers. By combining the security features of PoS and Blowfish encryption, along with the strategic use of smart contracts, the solution not only deters tampering but also safeguards sensitive information. This holistic approach contributes significantly to reinforcing the data security infrastructure of cloud servers in the face of evolving cyber threats.

Open access
Advanced Data Storage Technologies
Original source
Mar 5, 2024·Algorithms
2 cites
Security and Ownership in User-Defined Data Meshes

Michalis Pingos, Panayiotis Christodoulou, Andreas S. Andreou

Data meshes are an approach to data architecture and organization that treats data as a product and focuses on decentralizing data ownership and access. It has recently emerged as a field that presents quite a few challenges related to data ownership, governance, security, monitoring, and observability. To address these challenges, this paper introduces an innovative algorithmic framework leveraging data blueprints to enable the dynamic creation of data meshes and data products in response to user requests, ensuring that stakeholders have access to specific portions of the data mesh as needed. Ownership and governance concerns are addressed through a unique mechanism involving Blockchain and Non-Fungible Tokens (NFTs). This facilitates the secure and transparent transfer of data ownership, with the ability to mint time-based NFTs. By combining these advancements with the fundamental tenets of data meshes, this research offers a comprehensive solution to the challenges surrounding data ownership and governance. It empowers stakeholders to navigate the complexities of data management within a decentralized architecture, ensuring a secure, efficient, and user-centric approach to data utilization. The proposed framework is demonstrated using real-world data from a poultry meat production factory.

Open access
2 source records
Advanced Data Storage Technologies
Cloud Data Security Solutions
Blockchain Technology Applications and Security
Original source