Blockchain Papers

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Aug 2, 2018·Lecture notes in computer science
84 cites
sCompile: Critical Path Identification and Analysis for Smart Contracts

Jialiang Chang, Bo Gao, Hao Xiao, Jun Sun · 6 authors

Ethereum smart contracts are an innovation built on top of the blockchain technology, which provides a platform for automatically executing contracts in an anonymous, distributed, and trusted way. The problem is magnified by the fact that smart contracts, unlike ordinary programs, cannot be patched easily once deployed. It is important for smart contracts to be checked against potential vulnerabilities. In this work, we propose an alternative approach to automatically identify critical program paths (with multiple function calls including inter-contract function calls) in a smart contract, rank the paths according to their criticalness, discard them if they are infeasible or otherwise present them with user friendly warnings for user inspection. We identify paths which involve monetary transaction as critical paths, and prioritize those which potentially violate important properties. For scalability, symbolic execution techniques are only applied to top ranked critical paths. Our approach has been implemented in a tool called sCompile, which has been applied to 36,099 smart contracts. The experiment results show that sCompile is efficient, i.e., 5 seconds on average for one smart contract. Furthermore, we show that many known vulnerabilities can be captured if user inspects as few as 10 program paths generated by sCompile. Lastly, sCompile discovered 224 unknown vulnerabilities with a false positive rate of 15.4% before user inspection.

Open access
3 source records
Advanced Malware Detection Techniques
Security and Verification in Computing
Blockchain Technology Applications and Security
Original source
Aug 1, 2018·16th IEEE International Conference on Dependable, Autonomic and Secure Computing (DASC 2018)
42 cites
A Novel Blockchain-based Trust Model for Cloud Identity Management

Keltoum Bendiab, Nicholas Kolokotronis, Stavros Shiaeles, Samia Boucherkha

Secure and reliable management of identities has become one of the greatest challenges facing cloud computing today, mainly due to the huge number of new cloud-based applications generated by this model, which means more user accounts, passwords, and personal information to provision, monitor, and secure. Currently, identity federation is the most useful solution to overcome the aforementioned issues and simplify the user experience by allowing efficient authentication mechanisms and use of identity information from data distributed across multiple domains. However, this approach creates considerable complexity in managing trust relationships for both the cloud service providers and their clients. Poor management of trust in federated identity management systems brings with it many security, privacy and interoperability issues, which contributes to the reluctance of organizations to move their critical identity data to the cloud. In this paper, we aim to address these issues by introducing a novel trust and identity management model based on the Blockchain for cloud identity management with security and privacy improvements.

Open access
2 source records
cs.CR
Blockchain Technology Applications and Security
Cloud Data Security Solutions
Original source
Aug 1, 2018·arXiv
31 cites
Improve Blockchain Performance using Graph Data Structure and Parallel Mining

Jia Kan, Shangzhe Chen, Xin Huang

Blockchain technology is ushering in another break-out year, the challenge of blockchain still remains to be solved. This paper analyzes the features of Bitcoin and Bitcoin-NG system based on blockchain, proposes an improved method of implementing blockchain systems by replacing the structure of the original chain with the graph data structure. It was named GraphChain. Each block represents a transaction and contains the balance status of the traders. Additionally, as everyone knows all the transactions in Bitcoin system will be baled by only one miner that will result in a lot of wasted effort, so another way to improve resource utilization is to change the original way to compete for miner to election and parallel mining. Researchers simulated blockchain with graph structure and parallel mining through python, and suggested the conceptual new graph model which can improve both capacity and performance.

Open access
2 source records
cs.CR
cs.DC
Blockchain Technology Applications and Security
Original source
Aug 1, 2018·arXiv (Cornell University)
14 cites
An AI Based Super Nodes Selection Algorithm in BlockChain Networks

Jianwen Chen, Kai Duan, Rumin Zhang, Liaoyuan Zeng · 5 authors

In blockchain systems, especially cryptographic currencies such as Bitcoin, the double-spending and Byzantine-general-like problem are solved by reaching consensus protocols among all nodes. The state-of-the-art protocols include Proof-of-Work, Proof-of-Stake and Delegated-Proof-of-Stake. Proof-of-Work urges nodes to prove their computing power measured in hash rate in a crypto-puzzle solving competition. The other two take into account the amount of stake of each nodes and even design a vote in Delegated-Proof-of-Stake. However, these frameworks have several drawbacks, such as consuming a large number of electricity, leading the whole blockchain to a centralized system and so on. In this paper, we propose the conceptual framework, fundamental theory and research methodology, based on artificial intelligence technology that exploits nearly complementary information of each nodes. And we designed a particular convolutional neural network and a dynamic threshold, which obtained the super nodes and the random nodes, to reach the consensus. Experimental results demonstrate that our framework combines the advantages of Proof-of-Work, Proof-of-Stake and Delegated-Proof-of-Stake by avoiding complicated hash operation and monopoly. Furthermore, it compares favorably to the three state-of-the-art consensus frameworks, in terms of security and the speed of transaction confirmation.

Open access
2 source records
cs.CR
Blockchain Technology Applications and Security
Distributed systems and fault tolerance
Original source
Jul 30, 2018·arXiv
0 cites
Parsec: A State Channel for the Internet of Value

Amit Kumar Jaiswal

We propose Parsec, a web-scale State channel for the Internet of Value to exterminate the consensus bottleneck in Blockchain by leveraging a network of state channels which enable to robustly transfer value off-chain. It acts as an infrastructure layer developed on top of Ethereum Blockchain, as a network protocol which allows coherent routing and interlocking channel transfers for trade-off between parties. A web-scale solution for state channels is implemented to enable a layer of value transfer to the internet. Existing network protocol on State Channels include Raiden for Ethereum and Lightning Network for Bitcoin. However, we intend to leverage existing web-scale technologies used by large Internet companies such as Uber, LinkedIn or Netflix. We use Apache Kafka to scale the global payment operation to trillions of operations per day enabling near-instant, low-fee, scalable, and privacy-sustainable payments. Our architecture follows Event Sourcing pattern which solves current issues of payment solutions such as scaling, transfer, interoperability, low-fees, micropayments and to name a few. To the best of knowledge, our proposed model achieve better performance than state-of-the-art lightning network on the Ethereum based (fork) cryptocoins.

Open access
cs.CR
Original source
Jul 30, 2018·arXiv
0 cites
A Flexible Network Approach to Privacy of Blockchain Transactions

David Mödinger, Henning Kopp, Frank Kargl, Franz J. Hauck

For preserving privacy, blockchains can be equipped with dedicated mechanisms to anonymize participants. However, these mechanism often take only the abstraction layer of blockchains into account whereas observations of the underlying network traffic can reveal the originator of a transaction request. Previous solutions either provide topological privacy that can be broken by attackers controlling a large number of nodes, or offer strong and cryptographic privacy but are inefficient up to practical unusability. Further, there is no flexible way to trade privacy against efficiency to adjust to practical needs. We propose a novel approach that combines existing mechanisms to have quantifiable and adjustable cryptographic privacy which is further improved by augmented statistical measures that prevent frequent attacks with lower resources. This approach achieves flexibility for privacy and efficency requirements of different blockchain use cases.

Open access
cs.NI
cs.CR
Original source
Jul 28, 2018·arXiv
0 cites
SPB: A Secure Private Blockchain-based Solution for Energy Trading

Ali Dorri, Fengji Luo, Salil S. Kanhere, Raja Jurdak · 5 authors

Blockchain is increasingly being used to provide a distributed, secure, trusted, and private framework for energy trading in smart grids. However, existing solutions suffer from lack of privacy, processing and packet overheads, and reliance on Trusted Third Parties (TTP). To address these challenges, we propose a Secure Private Blockchain-based (SPB) framework. SPB enables the energy producers and consumers to directly negotiate the energy price. To reduce the associated packet overhead, we propose a routing method which routes packets based on the destination Public Key (PK). SPB eliminates the need for TTP by introducing atomic meta-transactions. The two transactions that form a meta-transaction are visible to the blockchain participants only after both of them are generated. Thus, if one of the participants does not commit to its tasks in a pre-defined time, then the energy trade expires and the corresponding transaction is treated as invalid. The smart meter of the consumer confirms receipt of energy by generating an Energy Receipt Confirmation (ERC). To verify that the ERC is generated by a genuine smart meter, SPB supports authentication of anonymous smart meters which in turn enhances the privacy of the meter owner. Qualitative security analysis shows the resilience of SPB against a range of attacks.

Open access
cs.CR
Original source
Jul 27, 2018·arXiv (Cornell University)
12 cites
An experiment in distributed Internet address management using blockchains

Stefano Angieri, Alberto García-Martínez, Bingyang Liu, Zhiwei Yan · 6 authors

The current system to manage the global pool of IP addresses is centralized\nin five transnational organizations, the Regional Internet Registries (RIRs).\nEach of these RIRs manage the address pool for a large number of countries.\nBecause the RIRs are private organizations, they are subject to the legal\nframework of the country where they are based. This configuration results in a\njurisdictional overflow from the legal framework of the countries where the RIR\nis based to all the countries that the RIRs are serving (the countries served\nby the RIRs de facto become subjects of the legal system of the country where\nthe RIR is hosted). The situation is aggravated by the deployment of new\nsecurity techniques such as the RPKI and BGPsec, that enable enforcement of\nallocations by the RIRs. In this paper we present InBlock, a blockchain-based\ndistributed governance body aimed to provide de-centralized management of IP\naddresses. InBlock also aims to fulfil the same objectives as the current IP\naddress allocation system, namely, uniqueness, fairness, conservation,\naggregation, registration and minimized overhead. InBlock is implemented as a\nDecentralized Autonomous Organization, i.e., as a set of blockchain's smart\ncontracts in Ethereum. Any entity may request an allocation of addresses to the\nInBlock registry by solely performing a (crypto)currency transfer to the\nInBlock. The fee required, along with the annual renewal fee, serves as a\nmechanism to deter stockpiling and other wasteful practices. As with any novel\ntechnology, there are many open questions about the usage of blockchains to\nbuild an IP address registry. For this reason, we believe that practical\nexperimentation is required in order to have hands-on experiences about such a\nsystem. We propose to conduct an experiment on distributed address management\nusing InBlock as a starting point to inform future directions in this area.\n

Open access
3 source records
cs.NI
cs.CR
Internet Traffic Analysis and Secure E-voting
Original source
Jul 26, 2018·DROPS (Schloss Dagstuhl – Leibniz Center for Informatics)
32 cites
B-CoC: A Blockchain-based Chain of Custody for Evidences Management in Digital Forensics

Silvia Bonomi, Marco Casini, Claudio Ciccotelli

One of the main issues in digital forensics is the management of evidences. From the time of evidence collection until the time of their exploitation in a legal court, evidences may be accessed by multiple parties involved in the investigation that take temporary their ownership. This process, called Chain of Custody (CoC), must ensure that evidences are not altered during the investigation, despite multiple entities owned them, in order to be admissible in a legal court. Currently digital evidences CoC is managed entirely manually with entities involved in the chain required to fill in documents accompanying the evidence. In this paper, we propose a Blockchain-based Chain of Custody (B-CoC) to dematerialize the CoC process guaranteeing auditable integrity of the collected evidences and traceability of owners. We developed a prototype of B-CoC based on Ethereum and we evaluated its performance.

Open access
3 source records
cs.CR
Blockchain Technology Applications and Security
Privacy-Preserving Technologies in Data
Original source
Jul 25, 2018·arXiv (Cornell University)
34 cites
Raziel: Private and Verifiable Smart Contracts on Blockchains

David Cerezo Sánchez

Raziel combines secure multi-party computation and proof-carrying code to provide privacy, correctness and verifiability guarantees for smart contracts on blockchains. Effectively solving DAO and Gyges attacks, this paper describes an implementation and presents examples to demonstrate its practical viability (e.g., private and verifiable crowdfundings and investment funds). Additionally, we show how to use Zero-Knowledge Proofs of Proofs (i.e., Proof-Carrying Code certificates) to prove the validity of smart contracts to third parties before their execution without revealing anything else. Finally, we show how miners could get rewarded for generating pre-processing data for secure multi-party computation.

Open access
3 source records
Blockchain Technology Applications and Security
Cryptography and Data Security
Security and Verification in Computing
Original source
Jul 21, 2018·arXiv
0 cites
{\em Crypto-Battleships} or How to play Battleships game over the Blockchain?

Guy Barshap

Battleships is a well known traditional board game for two players which dates from World War I. Though, the game has several digital version implementations, they are affected by similar major drawbacks such as fairness and a trust model that relies on third party. In this paper, we demonstrate how to implement a fair, resistant to denial-of-service, where the honest winner earns the deposit money {\em immediately}. The game is built on a permissionless Blockchain that supports Turing complete smart-contract computation.

Open access
cs.CR
cs.SE
Original source
Jul 21, 2018·arXiv (Cornell University)
7 cites
On the Relevance of Blockchain in Identity Management

Andreas Grüner, Alexander Mühle, Christoph Meinel

The ubiquitous application of emerging blockchain technology in numerous technological projects leads to a tremendous hype. The significantly high prices of digital currencies and initial coin offerings as the new funding approach has fostered the public perception of blockchain as a cure-all and driven the hype even further. In this evolution, a clear view of the reasonable application of blockchain technology is not given and therefore, the purposeful use of traditional technologies is undermined. To clarify this situation, we derive a novel decision model for evaluating the applicability of blockchain technology that considers two key factors: the remediation of central governance and the management of digital objects. Based on these key factors, we closely analyse the domain of identity management for conscious blockchain application. Finally, we examine uPort, Sovrin, and ShoCard as distinct projects in this scope with regard to the inevitable necessity to implement a blockchain by using our decision model.

Open access
3 source records
cs.CR
Blockchain Technology Applications and Security
Cryptography and Data Security
Original source
Jul 20, 2018·arXiv (Cornell University)
3 cites
Atomic Swaptions: Cryptocurrency Derivatives

James A. Liu

The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also benefit from trustless exchange. In this paper I propose the atomic swaption, which extends the atomic swap to allow for such exchanges. Crucially, atomic swaptions do not require the use of oracles. I also introduce the margin contract, which provides the ability to create leveraged and short positions. Lastly, I discuss how atomic swaptions may be routed on the Lightning Network.

Open access
2 source records
cs.CR
q-fin.TR
Blockchain Technology Applications and Security
Original source
Jul 19, 2018·arXiv (Cornell University)
100 cites
A Microservice-enabled Architecture for Smart Surveillance using Blockchain Technology

Deeraj Nagothu, Ronghua Xu, Seyed Yahya Nikouei, Yu Chen

While the smart surveillance system enhanced by the Internet of Things (IoT) technology becomes an essential part of Smart Cities, it also brings new concerns in security of the data. Compared to the traditional surveillance systems that is built following a monolithic architecture to carry out lower level operations, such as monitoring and recording, the modern surveillance systems are expected to support more scalable and decentralized solutions for advanced video stream analysis at the large volumes of distributed edge devices. In addition, the centralized architecture of the conventional surveillance systems is vulnerable to single point of failure and privacy breach owning to the lack of protection to the surveillance feed. This position paper introduces a novel secure smart surveillance system based on microservices architecture and blockchain technology. Encapsulating the video analysis algorithms as various independent microservices not only isolates the video feed from different sectors, but also improve the system availability and robustness by decentralizing the operations. The blockchain technology securely synchronizes the video analysis databases among microservices across surveillance domains, and provides tamper proof of data in the trustless network environment. Smart contract enabled access authorization strategy prevents any unauthorized user from accessing the microservices and offers a scalable, decentralized and fine-grained access control solution for smart surveillance systems.

Open access
3 source records
cs.DC
cs.CR
Blockchain Technology Applications and Security
Original source
Jul 19, 2018·arXiv (Cornell University)
60 cites
Performance Evaluation of the Quorum Blockchain Platform

Arati Baliga, I Subhod, Pandurang Kamat, Siddhartha Chatterjee

Quorum is a permissioned blockchain platform built from the Ethereum codebase with adaptations to make it a permissioned consortium platform. It is one of the key contenders in the permissioned ledger space. Quorum supports confidentiality and privacy of smart contracts and transactions, and crash and Byzantine fault tolerant consensus algorithms. In this paper, we characterize the performance features of Quorum. We study the throughput and latency characteristics of Quorum with different workloads and consensus algorithms that it supports. Through a suite of micro-benchmarks, we explore how certain transaction and smart contract parameters can affect transaction latencies.

Open access
2 source records
cs.CR
cs.DC
cs.PF
Original source
Jul 17, 2018·arXiv
0 cites
SPOC: Secure Payments for Outsourced Computations

Michał Król, Ioannis Psaras

Constrained devices in IoT networks often require to outsource resource-heavy computations or data processing tasks. Currently, most of those jobs are done in the centralised cloud. However, with rapidly increasing number of devices and amount of produced data, edge computing represents a much more efficient solution decreasing the cost, the delay and improves users' privacy. To enable wide deployment of execution nodes at the edge, the requesting devices require a way to pay for submitted tasks. We present SPOC - a secure payment system for networks where nodes distrust each other. SPOC allows any node to execute tasks, includes result verification and enforce users' proper behaviour without 3rd parties, replication or costly proof of computations. We implement our system using Ethereum Smart Contracts and Intel SGX and present first evaluation proving its security and low usage cost.

Open access
cs.CR
Original source
Jul 17, 2018·Future Technologies Conference (FTC) 2017 29-30 November 2017 | Vancouver, Canada
0 cites
Can Blockchain Protect Internet-of-Things?

Hiroshi Watanabe

In the Internet-of-Things, the number of connected devices is expected to be extremely huge, i.e., more than a couple of ten billion. It is however well-known that the security for the Internet-of-Things is still open problem. In particular, it is difficult to certify the identification of connected devices and to prevent the illegal spoofing. It is because the conventional security technologies have advanced for mainly protecting logical network and not for physical network like the Internet-of-Things. In order to protect the Internet-of-Things with advanced security technologies, we propose a new concept (datachain layer) which is a well-designed combination of physical chip identification and blockchain. With a proposed solution of the physical chip identification, the physical addresses of connected devices are uniquely connected to the logical addresses to be protected by blockchain.

Open access
cs.CR
cs.NI
Original source
Jul 17, 2018·arXiv
0 cites
A Survey on Essential Components of a Self-Sovereign Identity

Alexander Mühle, Andreas Grüner, Tatiana Gayvoronskaya, Christoph Meinel

This paper provides an overview of the Self-Sovereign Identity (SSI) concept, focusing on four different components that we identified as essential to the architecture. Self-Sovereign Identity is enabled by the new development of blockchain technology. Through the trustless, decentralised database that is provided by a blockchain, classic Identity Management registration processes can be replaced. We start off by giving a simple overview of blockchain based SSI, introducing an architecture overview as well as relevant actors in such a system. We further distinguish two major approaches, namely the Identifier Registry Model and its extension the Claim Registry Model. Subsequently we discuss identifiers in such a system, presenting past research in the area and current approaches in SSI in the context of Zooko's Triangle. As the user of an SSI has to be linked with his digital identifier we also discuss authentication solutions. Most central to the concept of an SSI are the verifiable claims that are presented to relying parties. Resources in the field are only losely connected. We will provide a more coherent view of verifiable claims in regards to blockchain based SSI and clarify differences in the used terminology. Storage solutions for the verifiable claims, both on- and off-chain, are presented with their advantages and disadvantages.

Open access
cs.CR
Original source
Jul 17, 2018·arXiv
88 cites
Real-Time Index Authentication for Event-Oriented Surveillance Video Query using Blockchain

Seyed Yahya Nikouei, Ronghua Xu, Deeraj Nagothu, Yu Chen · 6 authors

Information from surveillance video is essential for situational awareness (SAW). Nowadays, a prohibitively large amount of surveillance data is being generated continuously by ubiquitously distributed video sensors. It is very challenging to immediately identify the objects of interest or zoom in suspicious actions from thousands of video frames. Making the big data indexable is critical to tackle this problem. It is ideal to generate pattern indexes in a real-time, on-site manner on the video streaming instead of depending on the batch processing at the cloud centers. The modern edge-fog-cloud computing paradigm allows implementation of time sensitive tasks at the edge of the network. The on-site edge devices collect the information sensed in format of frames and extracts useful features. The near-site fog nodes conduct the contextualization and classification of the features. The remote cloud center is in charge of more data intensive and computing intensive tasks. However, exchanging the index information among devices in different layers raises security concerns where an adversary can capture or tamper with features to mislead the surveillance system. In this paper, a blockchain enabled scheme is proposed to protect the index data through an encrypted secure channel between the edge and fog nodes. It reduces the chance of attacks on the small edge and fog devices. The feasibility of the proposal is validated through intensive experimental analysis.

Open access
2 source records
cs.DC
cs.CR
Video Surveillance and Tracking Methods
Original source
Jul 17, 2018·arXiv (Cornell University)
232 cites
BARS: A Blockchain-Based Anonymous Reputation System for Trust Management in VANETs

Zhaojun Lu, Qian Wang, Gang Qu, Zhenglin Liu

The public key infrastructure (PKI) based authentication protocol provides the basic security services for vehicular ad-hoc networks (VANETs). However, trust and privacy are still open issues due to the unique characteristics of vehicles. It is crucial for VANETs to prevent internal vehicles from broadcasting forged messages while simultaneously protecting the privacy of each vehicle against tracking attacks. In this paper, we propose a blockchain-based anonymous reputation system (BARS) to break the linkability between real identities and public keys to preserve privacy. The certificate and revocation transparency is implemented efficiently using two blockchains. We design a trust model to improve the trustworthiness of messages relying on the reputation of the sender based on both direct historical interactions and indirect opinions about the sender. Experiments are conducted to evaluate BARS in terms of security and performance and the results show that BARS is able to establish distributed trust management, while protecting the privacy of vehicles.

Open access
3 source records
Vehicular Ad Hoc Networks (VANETs)
Privacy-Preserving Technologies in Data
Privacy, Security, and Data Protection
Original source
Jul 16, 2018·arXiv
4 cites
A Lyra2 FPGA Core for Lyra2REv2-Based Cryptocurrencies

Michiel Van Beirendonck, Louis-Charles Trudeau, Pascal Giard, Alexios Balatsoukas‐Stimming

Lyra2REv2 is a hashing algorithm that consists of a chain of individual hashing algorithms and it is used as a proof-of-work function in several cryptocurrencies that aim to be ASIC-resistant. The most crucial hashing algorithm in the Lyra2REv2 chain is a specific instance of the general Lyra2 algorithm. In this work we present the first FPGA implementation of the aforementioned instance of Lyra2 and we explain how several properties of the algorithm can be exploited in order to optimize the design.

Open access
2 source records
cs.CR
cs.AR
eess.SP
Original source
Jul 16, 2018·arXiv (Cornell University)
1 cites
Computing Minimum Weight Cycles to Leverage Mispricings in Cryptocurrency Market Networks

Francesco Bortolussi, Zeger Hoogeboom, Frank W. Takes

Cryptocurrencies such as Bitcoin and Ethereum have recently gained a lot of popularity, not only as a digital form of currency but also as an investment vehicle. Online marketplaces and exchanges allow users across the world to convert between dozens of different cryptocurrencies and regular currencies such as euros or dollars. Due to the novelty of this concept, the volatility of these markets and the differences in maturity and usage of particular marketplaces, currency pairs may appear at multiple marketplaces but at different trading prices. This paper proposes a novel algorithmic approach to take advantage of these mispricings and capitalize upon the pricing differences that exist between exchanges and currency pairs. To do so, we model each combination of a currency and a market as one node in a graph. A directed link between two nodes indicates that a conversion between these two currency/market pairs is possible. The weight of the link relates to the exchange rate of executing this particular currency exchange. To leverage the mispricings, we seek for cycles in the graph such that upon multiplying the weights of the links in the cycle, a value greater than 1 is found and thus a profit can be made. Our goal is to do this efficiently, without exhaustively enumerating all possible cycles in the graph. Therefore, we convert our data and address the problem in terms of finding minimum weight triangles in graphs with integer weights, for which efficient algorithms can be utilized. We experiment with parameter settings (heuristics) related to the conversion of exchange rate data into integer weight values. We show that our approach improves upon a reasonable baseline algorithm in terms of computation time. Furthermore, using a real-world dataset, we demonstrate how the obtained minimal weight cycles indeed unveil a number of currency exchange cycles that result in a net profit.

Open access
2 source records
cs.DM
cs.CR
Blockchain Technology Applications and Security
Original source
Jul 16, 2018·arXiv (Cornell University)
29 cites
Private Data Objects: an Overview

Mic Bowman, Andrea Miele, Michael Steiner, Bruno Vavala

We present Private Data Objects (PDOs), a technology that enables mutually untrusted parties to run smart contracts over private data. PDOs result from the integration of a distributed ledger and Intel Secure Guard Extensions (SGX). In particular, contracts run off-ledger in secure enclaves using Intel SGX, which preserves data confidentiality, execution integrity and enforces data access policies (as opposed to raw data access). A distributed ledger verifies and records transactions produced by PDOs, in order to provide a single authoritative instance of such objects. This allows contracting parties to retrieve and check data related to contract and enclave instances, as well as to serialize and commit contract state updates. The design and the development of PDOs is an ongoing research effort, and open source code is available and hosted by Hyperledger Labs [5, 7].

Open access
2 source records
cs.CR
Blockchain Technology Applications and Security
Security and Verification in Computing
Original source
Jul 15, 2018·Computers & Industrial Engineering
42 cites
The Trailer of Blockchain Governance Game

Song-Kyoo Kim

This paper deals with the design of the secure blockchain network framework to prevent damages from an attacker. The decentralized network design called the Blockchain Governance Game is a new hybrid theoretical model and it provides the stochastic game framework to find best strategies towards preparation for preventing a network malfunction by an attacker. Analytically tractable results are obtained by using the fluctuation theory and the mixed strategy game theory. These results enable to predict the moment for operations and deliver the optimal portion of backup nodes to protect the blockchain network. This research helps for whom considers the initial coin offering or launching new blockchain based services with enhancing the security features.

Open access
2 source records
cs.CR
cs.GT
math.OC
Original source