Christos Chrysoulas, A. M. Thomson, Nikolaos Pitropakis, Pavlos Papadopoulos · 10 authors
The continuously advancing digitization has provided answers to the bureaucratic problems faced by eGovernance services. This innovation led them to an era of automation it has broadened the attack surface and made them a popular target for cyber attacks. eGovernance services utilize internet, which is currently a location addressed system where whoever controls the location controls not only the content itself, but the integrity of that content, and the access to that content. We propose GLASS, a decentralised solution which combines the InterPlanetary File System (IPFS) with Distributed Ledger technology and Smart Contracts to secure EGovernance services. We also create a testbed environment where we measure the IPFS performance.
With the rising demand for protection against new risks such as loss of digital assets, novel insurance services and products emerge. In particular, token-based insurance solutions on blockchain transform the insurance business by providing cover for new risks and streamlined, (semi-)automated underwriting and claim processes. In the chapter, we present a general framework of token-based insurance solutions, delegating their fundamental building blocks that include core roles, main tokens and assets, as well as key processes and operations. We describe three major token-based insurance solutions in the market and compare them in terms of native token functionality, tokenized cover types, claim assessment process and capital model. Based on the discussion on the general framework and concrete examples of token-based insurance solutions, we summarize their advantages and point out their drawbacks. We conclude that despite being at a nascent stage, the token-based insurance space bears the promise to unseat the incumbent players with increasingly more action taking place and more use cases being explored.
A verifiable random function (VRF in short) is a powerful pseudo-random function that provides a non-interactively public verifiable proof for the correctness of its output. Recently, VRFs have found essential applications in blockchain design, such as random beacons and proof-of-stake consensus protocols. To our knowledge, the first generation of blockchain systems used inherently inefficient proof-of-work consensuses, and the research community tried to achieve the same properties by proposing proof-of-stake schemes where resource-intensive proof-of-work is emulated by cryptographic constructions. Unfortunately, those most discussed proof-of-stake consensuses (e.g., Algorand and Ouroborous family) are not future-proof because the building blocks are secure only under the classical hard assumptions; in particular, their designs ignore the advent of quantum computing and its implications. In this paper, we propose a generic compiler to obtain the post-quantum VRF from the simple VRF solution using symmetric-key primitives (e.g., non-interactive zero-knowledge system) with an intrinsic property of quantum-secure. Our novel solution is realized via two efficient zero-knowledge systems ZKBoo and ZKB++, respectively, to validate the compiler correctness. Our proof-of-concept implementation indicates that even today, the overheads introduced by our solution are acceptable in real-world deployments. We also demonstrate potential applications of a quantum-secure VRF, such as quantum-secure decentralized random beacon and lottery-based proof of stake consensus blockchain protocol.
Nicolas T. Courtois, Kacper T. Gradon, Klaus Schmeh
This paper provides an overview of how crypto currency and blockchain engineering interacts with the law enforcement. We point out that a large proportion of crypto users are amateur investors and the dominant and the largest segment in crypto crime are simply investment scams (!). We look at various questions of criminal use and misuse of technology, especially in the areas of money laundering or cashing out the profits originating from illicit activities. The aim of the paper is to raise a set of concerns arising in the criminal justice and policing circles, based on the interviews with law enforcement practitioners, and to see how cryptos could be reconciled with public security and safety. We propose a simplified classification of crimes related to crypto currency. We study the development of blockchains in a broader context of applied cryptography and payment technology. Ransomware is a big threat but we also need protection against corporate misconduct or negligence, with untested financial services breaching customer trust or government regulations. Not paying taxes is illegal, but there is more at stake: exposing crypto holders to losing all their savings in scams or thefts. Interestingly, privacy helps to defend on multiple fronts: against social engineering, targeted crime, scams, and also against cybersecurity thefts and hacks.
The purpose of the present paper is to show how blockchain and IoT technologies can benefit smart city projects, which tend to spread in the context of the sharing economy. The article also aims to describe the challenges and potentialities of smart city projects. It was found that technology platforms can serve as a strategy to build the basis for product development (goods and services) and technology-based innovation.
The tutor-web drilling system is designed for learning so there are typically no limits on the number of attempts at improving performance. This system is used at multiple schools and universities in Iceland and Kenya, mostly for mathematics and statistics. Students earn SmileyCoin, a cryptocurrency, while studying. In Iceland the system has typically been used by students who use their own devices to solve homework assignments during the semester, accessing the Internet-based tutor-web at http://tutor-web.net. These students typically take final exams on paper at the end of the semester. In Kenya the system is a part of a plan to enhance mathematics education using educational technology, organised by the Smiley Charity with the African Maths Initiative. This has been done by donating servers running the tutor-web to schools and tablets to students. Typically these schools do not have Internet access so the cryptocurrency can not be used. Innovative redesign was needed during COVID-19 in spring, 2020, since universities in Iceland were not able to host in-house finals and schools in Kenya were closed so tablets could not be donated directly to students. Remote finals were held in Iceland but the implementation was largely in the hands of the instructors. In Kenya, community libraries remained open and became a place for students to come in to study. Innovations included using the tutor-web as a remote drilling system in place of final exams in a large undergraduate course in statistics and donating tablets to libraries in Kenya. These libraries all have access to the Internet and the students have therefore been given the option to purchase the tablet using their SmileyCoin. This paper describes these implementations and how this unintended experiment will likely affect the future development and use of the tutor-web in both countries.
Abstract The number of users approaching the world of cryptocurrencies exploded in the last years, and consequently the daily interactions on their underlying distributed ledgers have intensified. In this paper, we analyze the flow of these digital transactions in a certain period of time, trying to discover important insights on the typical use of these technologies by studying, through complex network theory, the patterns of interactions in four prominent and different Distributed Ledger Technologies (DLTs), namely Bitcoin, DogeCoin, Ethereum, Ripple. In particular, we describe the Distributed Ledger Network Analyzer (DiLeNA), a software tool for the investigation of the transactions network recorded in DLTs. We show that studying the network characteristics and peculiarities is of paramount importance, in order to understand how users interact in the DLT. For instance, our analyses reveal that all transaction graphs exhibit small world properties.
In this review, we evaluate the mechanisms behind the decentralized finance protocols for generating stable, passive income. Currently, such savings interest rates can be as high as 20% annually, payable in traditional currency values such as US dollars. Therefore, one can benefit from the growth of the cryptocurrency markets, with minimal exposure to their volatility risks. We aim to explain the rationale behind these savings products in simple terms. The key to this puzzle is that asset deposits in cryptocurrency ecosystems are of intrinsic economic value, as they facilitate network consensus mechanisms and automated marketplaces (e.g. for lending). These functions create wealth for the participants, and they provide unique advantages unavailable in traditional financial systems. Our review speaks to the notion of decentralized basic income - analogous to universal basic income but guaranteed by financial products on blockchains instead of public policies. We will go through their implementations of how savings can be channeled into the staking deposits in Proof-of-Stake (PoS) protocols, through fixed-rate lending protocols and staking derivative tokens, thereby exposing savers with minimal risks. We will discuss potential pitfalls, assess how these protocols may behave in market cycles, as well as suggest areas for further research and development.
Alexandre San Pedro Siqueira, Arlindo Flávio da Conceição, Vladimir Rocha
This article presents the potential use of the Self-Sovereign Identities (SSI), combining with Distributed Ledger Technologies (DLT), to improve the privacy and control of health data. The paper presents the SSI technology, lists the prominent use cases of decentralized identities in the health area, and discusses an effective blockchain-based architecture. The main contributions of the article are: (i) mapping SSI general and abstract concepts, e.g., issuers and holders, to the health domain concepts, e.g., physicians and patients; (ii) creating a correspondence between the SSI interactions, e.g., issue and verify a credential, and the US standardized set of health use cases; (iii) presenting and instantiating an architecture to deal with the use cases mentioned, effectively organizing the data in a user-centric way, that uses well-known SSI and Blockchain technologies.
Blockchain is a decentralized ledger used to securely exchange digital currency, perform deals and transactions efficient manner, each user of the network has access to the least copy of the encrypted ledger so that they can validate a new transaction. The blockchain ledger is a collection of all Bitcoin transactions executed in the past. Basically, it's distributed database that maintains continuously growing tamper-proof data structure blocks that holds batches of individual transactions. The completed blocks are added in a linear and chronological order. Each block contains a timestamp and information link which points to a previous block. Bitcoin is a peer-to-peer permissionless network that allows every user to connect to the network and send new transactions to verify and create new blocks. Satoshi Nakamoto described the design of Bitcoin digital currency in his research paper posted to a cryptography listserv 2008. Nakamoto's suggestion has solved the long-pending problem of cryptography and laid the foundation stone for digital currency. This paper explains the concept of bitcoin, its characteristics, the need for Blockchain, and how Bitcoin works. It attempts to highlight the role of Blockchain in shaping the future of banking , financial services, and the adoption of the Internet of Thinks and future Technologies.
Blockchains are still perceived chiefly as a new technology. But each blockchain is also a community and a social experiment, built around social consensus. Here I discuss three examples showing how collective intelligence can help, threat or capitalize on blockchain-based ecosystems. They concern the immutability of smart contracts, code transparency and new forms of property. The examples show that more research, new norms and, eventually, laws are needed to manage the interaction between collective behaviour and the blockchain technology. Insights from researchers in collective intelligence can help society rise up to the challenge.
We argue that there is a hierarchy of levels describing to that particular level relevant features of reality behind the content and behavior of blockchain and smart contracts in their realistic deployment. Choice, design, audit and legal control of these systems could be more informed, easier and raised to a higher level, if research on foundations of these descriptions develops and sets the formalisms, tools and standards for such descriptions.
Decentralized autonomous organizations are a new form of smart contract based governance. Decentralized autonomous organization platforms, which support the creation of such organizations, are becoming increasingly popular, such as Aragon and Colony. Selecting the best fitting platform is challenging for organizations, as a significant number of decision criteria, such as popularity, developer availability, governance issues, and consistent documentation of such platforms, should be considered. Additionally, decision-makers at the organizations are not experts in every domain, so they must continuously acquire volatile knowledge regarding such platforms. Supporting decision-makers in selecting the right decentralized autonomous organizations by designing an effective decision model is the main objective of this study. We aim to provide more insight into their selection process and reduce time and effort significantly by designing a decision model. This study presents a decision model for the decentralized autonomous organization platform selection problem. The decision model captures knowledge regarding such platforms and concepts systematically. The decision model is based on an existing theoretical framework that assists software engineers with a set of Multi-Criteria Decision-Making problems in software production. We conducted three industry case studies in the context of three decentralized autonomous organizations to evaluate the effectiveness and efficiency of the decision model in assisting decision-makers. The case study participants declared that the decision model provides significantly more insight into their selection process and reduces time and effort. We observe in the empirical evidence from the case studies that decision-makers can make more rational, efficient, and effective decisions with the decision model. Furthermore, the reusable form of captured knowledge regarding Decentralized Autonomous Organization Platforms can be employed by other researchers in their future investigations.
Mohd Anuar Mat Isa, Muzaffar Hamzah, Daimler Benz Alebaba
A variety of mobile devices and applications have spread the usability of blockchain solutions to over 5.27 billion unique mobile phone users. The rising of Bitcoin price up to USD 50,000 in March 2021 has made many blockchain mobile wallets and smart contracts DApps popular for current and future investment of cryptocurrency and digital-asset managements. To understand the trend, this chapter will present the design and implementation of mobile blockchain DApps using Android Studio together with Ethereum smart contract as the digital-asset management tool. Java Android and Ethereum Web3-Java APIs will be demonstrated as a practical deployment of the mobile DApps. The logic and decision-making of the mobile DApps will be demonstrated and coded as a smart contract. The source codes of the mobile DApps and smart-contract were published in Github as open-source codes for those who are interested to build and run the project.
Can we make undergraduate engineering education easier and more fun? This research aims to see if we can answer the ambitious question! The digital game-based learning (DGBL) has been found to increase the efficacy of learning when applied in engineering classes thanks to its ability to make students feel easy and fun. However, the state-of-the-art DGBL schemes still observe challenges in various aspects including cost, efficacy, readiness of instructors and students, etc. Motivated from the challenges, this research proposes to design a DGBL platform that features visualized and systematic views. Specifically, we identify the blockchain applied to wireless communications and networking systems as a key ecosystem that we capitalize the benefit of the proposed platform.. As such, in this paper, we lay out a comprehensive DGBL pedagogy that includes (i) creation of relevant assignment activities and class materials in a relevant course and (ii) evaluation of the pedagogical efficacy. In a long-term view, a successful delivery of this research will increase the confidence of undergraduate engineering students on the "in-concert" dynamics of various factors determining the performance of a blockchain system built on a wireless network.
Despite the fact that it is publicly available, collecting and processing the full bitcoin blockchain data is not trivial. Its mere size, history, and other features indeed raise quite specific challenges, that we address in this paper. The strengths of our approach are the following: it relies on very basic and standard tools, which makes the procedure reliable and easily reproducible; it is a purely lossless procedure ensuring that we catch and preserve all existing data; it provides additional indexing that makes it easy to further process the whole data and select appropriate subsets of it. We present our procedure in details and illustrate its added value on large-scale use cases, like address clustering. We provide an implementation online, as well as the obtained dataset.
Dwindling nonrenewable fuel reserves, progressing severe environmental pollution, and accelerating climate change require society to reevaluate existing transportation concepts. While electric vehicles (EVs) have become more popular and slowly gain widespread adoption, the corresponding battery charging infrastructures still limits EVs' use in our everyday life. This is especially true for EV owners that do not have the option to operate charging hardware, such as wall boxes, at their premises. Charging an EV without an at-home wall box is time-consuming since the owner has to drive to the charger, charge the vehicle while waiting nearby, and finally drive back home. Thus, a convenient and easy-to-use solution is required to overcome the issue and incentivize EVs for daily commuters. Therefore, we propose an ecosystem and a service platform for (semi-)autonomous electric vehicles that allow them to utilize their "free"-time, e.g., at night, to access public and private charging infrastructure, charge their batteries, and get back home before the owner needs the car again. To do so, we utilize the concept of the Machine-to-Everything Economy (M2X Economy) and outline a decentralized ecosystem for smart machines that transact, interact and collaborate via blockchain-based smart contracts to enable a convenient battery charging marketplace for (semi-)autonomous EVs.
The outbreak of the COVID-19 pandemic has deeply influenced the lifestyle of the general public and the healthcare system of the society. As a promising approach to address the emerging challenges caused by the epidemic of infectious diseases like COVID-19, Internet of Medical Things (IoMT) deployed in hospitals, clinics, and healthcare centers can save the diagnosis time and improve the efficiency of medical resources though privacy and security concerns of IoMT stall the wide adoption. In order to tackle the privacy, security, and interoperability issues of IoMT, we propose a framework of blockchain-enabled IoMT by introducing blockchain to incumbent IoMT systems. In this paper, we review the benefits of this architecture and illustrate the opportunities brought by blockchain-enabled IoMT. We also provide use cases of blockchain-enabled IoMT on fighting against the COVID-19 pandemic, including the prevention of infectious diseases, location sharing and contact tracing, and the supply chain of injectable medicines. We also outline future work in this area.
Hong‐Ning Dai, Yulei Wu, Hao Wang, Muhammad Ali Imran · 5 authors
We have witnessed an unprecedented public health crisis caused by the new coronavirus disease (COVID-19), which has severely affected medical institutions, our common lives, and social-economic activities. This crisis also reveals the brittleness of existing medical services, such as over-centralization of medical resources, the hysteresis of medical services digitalization, and weak security and privacy protection of medical data. The integration of the Internet of Medical Things (IoMT) and blockchain is expected to be a panacea to COVID-19 attributed to the ubiquitous presence and the perception of IoMT as well as the enhanced security and immutability of the blockchain. However, the synergy of IoMT and blockchain is also faced with challenges in privacy, latency, and context-absence. The emerging edge intelligence technologies bring opportunities to tackle these issues. In this article, we present a blockchain-empowered edge intelligence for IoMT in addressing the COVID-19 crisis. We first review IoMT, edge intelligence, and blockchain in addressing the COVID-19 pandemic. We then present an architecture of blockchain-empowered edge intelligence for IoMT after discussing the opportunities of integrating blockchain and edge intelligence. We next offer solutions to COVID-19 brought by blockchain-empowered edge intelligence from 1) monitoring and tracing COVID-19 pandemic origin, 2) traceable supply chain of injectable medicines and COVID-19 vaccines, and 3) telemedicine and remote healthcare services. Moreover, we also discuss the challenges and open issues in blockchain-empowered edge intelligence.
Matthieu Nadini, Laura Alessandretti, Flavio Di Giacinto, Mauro Martino · 6 authors
Non Fungible Tokens (NFTs) are digital assets that represent objects like art, collectible, and in-game items. They are traded online, often with cryptocurrency, and are generally encoded within smart contracts on a blockchain. Public attention towards NFTs has exploded in 2021, when their market has experienced record sales, but little is known about the overall structure and evolution of its market. Here, we analyse data concerning 6.1 million trades of 4.7 million NFTs between June 23, 2017 and April 27, 2021, obtained primarily from Ethereum and WAX blockchains. First, we characterize statistical properties of the market. Second, we build the network of interactions, show that traders typically specialize on NFTs associated with similar objects and form tight clusters with other traders that exchange the same kind of objects. Third, we cluster objects associated to NFTs according to their visual features and show that collections contain visually homogeneous objects. Finally, we investigate the predictability of NFT sales using simple machine learning algorithms and find that sale history and, secondarily, visual features are good predictors for price. We anticipate that these findings will stimulate further research on NFT production, adoption, and trading in different contexts.
On-campus activities like positions of responsibility in campus amenities and participation in research, benefit the students as well as the university, while also making students financially self-sufficient to a certain extent. However, this student participation is stymied by lack of awareness and motivation. Significant impetus to innovation and student participation can be provided by incentivization of these activities. In this paper, we propose a system to create a blockchain-based economy, to incentivize students with empirical benefits or monetary awards calculated using objective algorithms. The incentivization algorithms have been designed for three promising use cases: research work, positions of responsibility in universities, and crowdfunding. The demonstrated implementation of this system utilises VJTI Chain, an already established Proof of Authority blockchain in VJTI Mumbai, India. This creates a circular economy within the university which encourages students to earn more rewards by reinforcing positive feedback.
In the current global situation-burdened by, among others, a vast number of people without formal identification, digital leap, the need for health passports and contact tracking applications-providing private and secure digital identity for individuals, organizations and other entities is crucial. The emerging self-sovereign identity (SSI) solutions rely on distributed ledger technologies and verifiable credentials and have the potential to enable trustful digital interactions. In this human-centric paradigm, trust among actors can be established in a decentralized manner while the identity holders are able to own and control their confidential data. In this paper, we build on observations gathered in a field study to identify the building blocks, antecedents and possible outcomes of SSI ecosystems. We also showcase opportunities for researchers and practitioners to investigate this phenomenon from a wide range of domains and theories, such as the digital innovation ecosystems, value co-creation, surveillance theory, or entrepreneurship theories.
In this study, we overview the problems associated with the usability of cryptocurrency wallets, such as those used by ZCash, for end-users. The concept of "holistic privacy," where information leaks in one part of a system can violate the privacy expectations of different parts of the system, is introduced as a requirement. To test this requirement with real-world software, we did a 60 person task-based evaluation of the usability of a ZCash cryptocurrency wallet by having users install and try to both send and receive anonymized ZCash transactions, as well as install a VPN and Tor. While the initial wallet installation was difficult, we found even a larger amount of difficulty integrating the ZCash wallet into network-level protection like VPNs or Tor, so only a quarter of users could complete a real-world purchase using the wallet.
Dan A. Bard, Joseph J. Kearney, Carlos A. Pérez-Delgado
Proof-of-Work (PoW) is a fundamental underlying technology behind most major blockchain cryptocurrencies. It has been previously pointed out that quantum devices provide a computational advantage in performing PoW in the context of Bitcoin. Here we make the case that this quantum advantage extends not only to all existing PoW mechanisms, but to any possible PoW as well. This has strong consequences regarding both quantum-based attacks on the integrity of the entirety of the blockchain, as well as more legitimate uses of quantum computation for the purpose of mining Bitcoin and other cryptocurrencies. For the first case, we estimate when these quantum attacks will become feasible, for various cryptocurrencies, and discuss the impact of such attacks. For the latter, we derive a precise formula to calculate the economic incentive for switching to quantum-based cryptocurrency miners. Using this formula, we analyze several test scenarios, and conclude that investing in quantum hardware for cryptocurrency mining has the potential to pay off immensely.