Blockchain Papers

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1,962 papersLast indexed Aug 31, 2026
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Aug 14, 2023·arXiv (Cornell University)
5 cites
Reinforcing Security and Usability of Crypto-Wallet with Post-Quantum Cryptography and Zero-Knowledge Proof

Yathin Kethepalli, Rony Joseph, Sai Raja Vajrala, Jashwanth Vemula · 5 authors

Crypto-wallets or digital asset wallets are a crucial aspect of managing cryptocurrencies and other digital assets such as NFTs. However, these wallets are not immune to security threats, particularly from the growing risk of quantum computing. The use of traditional public-key cryptography systems in digital asset wallets makes them vulnerable to attacks from quantum computers, which may increase in the future. Moreover, current digital wallets require users to keep track of seed-phrases, which can be challenging and lead to additional security risks. To overcome these challenges, a new algorithm is proposed that uses post-quantum cryptography (PQC) and zero-knowledge proof (ZKP) to enhance the security of digital asset wallets. The research focuses on the use of the Lattice-based Threshold Secret Sharing Scheme (LTSSS), Kyber Algorithm for key generation and ZKP for wallet unlocking, providing a more secure and user-friendly alternative to seed-phrase, brain and multi-sig protocol wallets. This algorithm also includes several innovative security features such as recovery of wallets in case of downtime of the server, and the ability to rekey the private key associated with a specific username-password combination, offering improved security and usability. The incorporation of PQC and ZKP provides a robust and comprehensive framework for securing digital assets in the present and future. This research aims to address the security challenges faced by digital asset wallets and proposes practical solutions to ensure their safety in the era of quantum computing.

Open access
2 source records
Blockchain Technology Applications and Security
Advanced Steganography and Watermarking Techniques
Cryptography and Data Security
Original source
Aug 13, 2023·arXiv
0 cites
When Web 3.0 Meets Reality: A Hyperdimensional Fractal Polytope P2P Ecosystems

Hao Xu, Yunqing Sun, Xiaoshuai Zhang, Erwu Liu · 5 authors

Web 3.0 opens the world of new existence of the crypto-network-entity, which is independently defined by the public key pairs for entities and the connection to the Web 3.0 cyberspace. In this paper, we first discover a spacetime coordinate system based on fractal polytope in any dimensions with discrete time offered by blockchain and consensus. Second, the novel network entities and functions are defined to make use of hyperdimensional deterministic switching and routing protocols and blockchain-enabled mutual authentication. In addition to spacetime network architecture, we also define a multi-tier identity scheme which extends the native Web 3.0 crypto-network-entity to outer cyber and physical world, offering legal-compliant anonymity and linkability to all derived identifiers of entities. In this way, we unify the holistic Web 3.0 network based on persistent spacetime and its entity extension to our cyber and physical world.

Open access
cs.NI
cs.AR
cs.CR
Original source
Aug 12, 2023·arXiv
0 cites
Decentralised Service Allocation using Blockchain

Pranshu Chittora, Nikhil Kumar, G. Malarselvi

The growing demand for short-term property renting has led to the boom of a new category called PropTech (Property + Technology). Such a rise in demand attracted many entrepreneurs and investors leading to the inception of powerful and centralised players in the category (like Airbnb). Unfortunately, some big players are controlling the entire industry in a centralised way in turn, performing anti-competitive practices which leave no room for the small players. Such an ecosystem can be made more transparent and decentralised by executing transactions and order-fulfilment on a blockchain. To extend the functionality of the system, we can also perform the renting of small services and appliances via the integration of IoT. Implementing such a system will make the process more transparent, robust and decentralised.

Open access
cs.DC
cs.CE
cs.CR
Original source
Aug 11, 2023·arXiv
0 cites
Blockchain-Based Transferable Digital Rights of Land

Ras Dwivedi, Sumit Patel, Sandeep Shukla

Land, being a scarce and valuable resource, is in high demand, especially in densely populated areas of older cities. Development authorities require land for infrastructure projects and other amenities, while landowners hold onto their land for both its usage and its financial value. Transferable Development Rights (TDRs) serve as a mechanism to separate the development rights associated with the land from the physical land itself. Development authorities acquire the land by offering compensation in the form of TDRs, which hold monetary value. In this paper, we present the tokenization of development rights, focusing on the implementation in collaboration with a development authority. While there have been previous implementations of land tokenization, we believe our approach is the first to tokenize development rights specifically. Our implementation addresses practical challenges related to record-keeping, ground verification of land, and the unique identification of stakeholders. We ensure the accurate evaluation of development rights by incorporating publicly available circle rates, which consider the ground development of the land and its surrounding areas.

Open access
cs.DC
cs.CR
Original source
Aug 9, 2023·arXiv (Cornell University)
3 cites
Fairness Notions in DAG-based DLTs

Mayank Raikwar, Nikita Polyanskii, Sebastian Müller

This paper investigates the issue of fairness in Distributed Ledger Technology (DLT), specifically focusing on the shortcomings observed in current blockchain systems due to Miner Extractable Value (MEV) phenomena and systemic centralization. We explore the potential of Directed Acyclic Graphs (DAGs) as a solution to address or mitigate these fairness concerns. Our objective is to gain a comprehensive understanding of fairness in DAG-based DLTs by examining its different aspects and measurement metrics. We aim to establish a shared knowledge base that facilitates accurate fairness assessment and allows for an evaluation of whether DAG-based DLTs offer a more equitable design. We describe the various dimensions of fairness and conduct a comparative analysis to examine how they relate to different components of DLTs. This analysis serves as a catalyst for further research, encouraging the development of cryptographic systems that promote fairness.

Open access
3 source records
cs.CR
cs.DC
Blockchain Technology Applications and Security
Original source
Aug 9, 2023·arXiv (Cornell University)
6 cites
Optimal Flexible Consensus and its Application to Ethereum

Joachim Neu, Srivatsan Sridhar, Lei Yang, David Tse

Classic BFT consensus protocols guarantee safety and liveness for all clients if fewer than one-third of replicas are faulty. However, in applications such as high-value payments, some clients may want to prioritize safety over liveness. Flexible consensus allows each client to opt for a higher safety resilience, albeit at the expense of reduced liveness resilience. We present the first construction that allows optimal safety--liveness tradeoff for every client simultaneously. This construction is modular and is realized as an add-on applied on top of an existing consensus protocol. The add-on consists of an additional round of voting and permanent locking done by the replicas, to sidestep a sub-optimal quorum-intersection-based constraint present in previous solutions. We adapt our construction to the existing Ethereum protocol to derive optimal flexible confirmation rules that clients can adopt unilaterally without requiring system-wide changes. This is possible because existing Ethereum protocol features can double as the extra voting and locking. We demonstrate an implementation using Ethereum's consensus API.

Open access
3 source records
Distributed systems and fault tolerance
Optimization and Search Problems
Advanced Queuing Theory Analysis
Original source
Aug 8, 2023·arXiv
0 cites
A Survey on Decentralized Federated Learning

Edoardo Gabrielli, Anthony Di Pietro, Dario Fenoglio, Giovanni Pica · 5 authors

Federated learning (FL) enables collaborative training without pooling raw data, but standard FL relies on a central coordinator, which introduces a single point of failure and concentrates trust in the orchestration infrastructure. Decentralized federated learning (DFL) removes the coordinator and replaces client-server orchestration with peer-to-peer coordination, making learning dynamics topology-dependent and reshaping the associated security, privacy, and systems trade-offs. This survey systematically reviews DFL methods from 2018 through early 2026 and organizes them into two architectural families: traditional distributed FL and blockchain-based FL. We then propose a unified, challenge-driven taxonomy that maps both families to the core bottlenecks they primarily address, and we summarize prevailing evaluation practices and their limitations, exposing gaps in the literature. Finally, we distill lessons learned and outline research directions, emphasizing topology-aware threat models, privacy notions that reflect decentralized exposure, incentive mechanisms robust to manipulation, and the need to explicitly define whether the objective is a single global model or personalized solutions in decentralized settings.

Open access
cs.LG
cs.CR
cs.DC
Original source
Aug 8, 2023·arXiv (Cornell University)
2 cites
An Ethereum-based Product Identification System for Anti-counterfeits

Shashank Gupta

Fake products are items that are marketed and sold as genuine, high-quality products but are counterfeit or low-quality knockoffs. These products are often designed to closely mimic the appearance and branding of the genuine product to deceive consumers into thinking they are purchasing the real thing. Fake products can range from clothing and accessories to electronics and other goods and can be found in a variety of settings, including online marketplaces and brick-and-mortar stores. Blockchain technology can be used to help detect fake products in a few different ways. One of the most common ways is through the use of smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. This allows for a high level of transparency and traceability in supply chain transactions, making it easier to identify and prevent the sale of fake products and the use of unique product identifiers, such as serial numbers or QR codes, that are recorded on the blockchain. This allows consumers to easily verify the authenticity of a product by scanning the code and checking it against the information recorded on the blockchain. In this study, we will use smart contracts to detect fake products and will evaluate based on Gas cost and ethers used for each implementation.

Open access
2 source records
Spam and Phishing Detection
Currency Recognition and Detection
Blockchain Technology Applications and Security
Original source
Aug 7, 2023·arXiv
0 cites
Symbiotic PBFT Consensus: Cognitive Backscatter Communications-enabled Wireless PBFT Consensus

Haoxiang Luo, Qianqian Zhang, Hongfang Yu, Gang Sun · 5 authors

Wireless blockchain networks have played an important role in many network scenarios, among which wireless Practical Byzantine Fault Tolerance (PBFT) consensus is regarded as one of the most important consensus mechanisms. It enables nodes in wireless networks to reach consistency without any trusted entity. However, due to the instability of wireless communication links, the reliability of the PBFT consensus will be seriously affected. Meanwhile, it is difficult for nodes in wireless scenarios to obtain a timely energy supply. The high-energy-consumption blockchain functions will quickly consume the power of nodes, thus, affecting consensus performance. Fortunately, the symbiotic radio (SR) system enabled by cognitive backscatter communications can provide a solution to the above problems. In SR, the secondary transmitter (STx) transmits messages by modulating its information over the radio frequency (RF) signal of the primary transmitter (PTx) with extremely low energy consumption, and the STx can provide multipath gain to the PTx in return. In our paper, we propose the symbiotic PBFT (S-PBFT) consensus benefited from the mutualistic transmission in SR, which can increase the consensus security by 54.82%, and save energy consumption by about 10%.

Open access
cs.NI
cs.DC
Original source
Aug 6, 2023·arXiv
0 cites
A Review of Gaps between Web 4.0 and Web 3.0 Intelligent Network Infrastructure

Zihan Zhou, Zihao Li, Xiaoshuai Zhang, Yunqing Sun · 5 authors

World Wide Web is speeding up its pace into an intelligent and decentralized ecosystem, as seen in the campaign of Web 3.0 and forthcoming Web 4.0. Marked by the Europe Commission's latest mention of Web 4.0, a race towards strategic Web 4.0 success has started. Web 4.0 is committed to bringing the next technological transition with an open, secure, trustworthy fairness and digital ecosystem for individuals and businesses in private and public sectors. Despite overlapping scopes and objectives of Web 3.0 and Web 4.0 from academic and industrial perspectives, there are distinct and definitive features and gaps for the next generation of WWW. In this review, a brief introduction to WWW development unravels the entangled but consistent requirement of a more vivid web experience, enhancing human-centric experience in both societal and technical aspects. Moreover, the review brings a decentralized intelligence prospect of view on native AI entities for Web 4.0, envisioning sustainable, autonomous and decentralized AI services for the entire Web 4.0 environment, powering a self-sustainable Decentralized Physical and Software Infrastructure for Computing Force Network, Semantic Network, Virtual/Mixed Reality, and Privacy-preserving content presumption. The review aims to reveal that Web 4.0 offers native intelligence with focused thinking on utilizing decentralized physical infrastructure, in addition to sole requirements on decentralization, bridging the gap between Web 4.0 and Web 3.0 advances with the latest future-shaping blockchain-enabled computing and network routing protocols.

Open access
cs.NI
cs.CY
cs.DC
Original source
Aug 2, 2023·arXiv
0 cites
Straggler Mitigation and Latency Optimization in Blockchain-based Hierarchical Federated Learning

Zhilin Wang, Qin Hu, Minghui Xu, Zeihui Xiong

Cloud-edge-device hierarchical federated learning (HFL) has been recently proposed to achieve communication-efficient and privacy-preserving distributed learning. However, there exist several critical challenges, such as the single point of failure and potential stragglers in both edge servers and local devices. To resolve these issues, we propose a decentralized and straggler-tolerant blockchain-based HFL (BHFL) framework. Specifically, a Raft-based consortium blockchain is deployed on edge servers to provide a distributed and trusted computing environment for global model aggregation in BHFL. To mitigate the influence of stragglers on learning, we propose a novel aggregation method, HieAvg, which utilizes the historical weights of stragglers to estimate the missing submissions. Furthermore, we optimize the overall latency of BHFL by jointly considering the constraints of global model convergence and blockchain consensus delay. Theoretical analysis and experimental evaluation show that our proposed BHFL based on HieAvg can converge in the presence of stragglers, which performs better than the traditional methods even when the loss function is non-convex and the data on local devices are non-independent and identically distributed (non-IID).

Open access
cs.DC
Original source
Jul 30, 2023·arXiv (Cornell University)
4 cites
Blockchain-based Decentralized Identity Management for Healthcare Systems

Arnaf Aziz Torongo, Mohsen Toorani

Blockchain-based decentralized identity management provides a promising solution to improve the security and privacy of healthcare systems and make them scalable. Traditional Identity Management Systems are centralized, which makes them single-point-of-failure, vulnerable to attacks and data breaches, and non-scalable. In contrast, decentralized identity management based on the blockchain can ensure secure and transparent access to patient data while preserving privacy. This approach enables patients to control their personal health data while granting permission for medical personnel to access specific information as needed. We propose a decentralized identity management system for healthcare systems named BDIMHS based on a permissioned blockchain with Hyperledger Indy and Hyperledger Aries. We develop further descriptions of required functionalities and provide high-level procedures for network initialization, enrollment, registration, issuance, verification and revocation functionalities. The proposed solution improves data security, privacy, immutability, interoperability, and patient autonomy by using selective disclosure, zero-knowledge proofs, Decentralized Identifiers, and Verifiable Credentials. Furthermore, we discuss the potential challenges associated with implementing this technology in healthcare and evaluate the performance and security of the proposed solution.

Open access
2 source records
cs.CR
cs.DC
Blockchain Technology Applications and Security
Original source
Jul 29, 2023·IEEE Transactions on Cognitive Communications and Networking
85 cites
Blockchain-empowered Federated Learning for Healthcare Metaverses: User-centric Incentive Mechanism with Optimal Data Freshness

Jiawen Kang, Jinbo Wen, Dongdong Ye, Bingkun Lai · 10 authors

Given the revolutionary role of metaverses, healthcare metaverses are emerging as a transformative force, creating intelligent healthcare systems that offer immersive and personalized services. The healthcare metaverses allow for effective decision-making and data analytics for users. However, there still exist critical challenges in building healthcare metaverses, such as the risk of sensitive data leakage and issues with sensing data security and freshness, as well as concerns around incentivizing data sharing. In this paper, we first design a user-centric privacy-preserving framework based on decentralized Federated Learning (FL) for healthcare metaverses. To further improve the privacy protection of healthcare metaverses, a cross-chain empowered FL framework is utilized to enhance sensing data security. This framework utilizes a hierarchical cross-chain architecture with a main chain and multiple subchains to perform decentralized, privacy-preserving, and secure data training in both virtual and physical spaces. Moreover, we utilize Age of Information (AoI) as an effective data-freshness metric and propose an AoI-based contract theory model under Prospect Theory (PT) to motivate sensing data sharing in a user-centric manner. This model exploits PT to better capture the subjective utility of the service provider. Finally, our numerical results demonstrate the effectiveness of the proposed schemes for healthcare metaverses.

Open access
2 source records
cs.GT
cs.DC
cs.LG
Original source
Jul 27, 2023·arXiv
0 cites
PredictChain: Empowering Collaboration and Data Accessibility for AI in a Decentralized Blockchain-based Marketplace

Matthew T. Pisano, Connor J. Patterson, Oshani Seneviratne

Limited access to computing resources and training data poses significant challenges for individuals and groups aiming to train and utilize predictive machine learning models. Although numerous publicly available machine learning models exist, they are often unhosted, necessitating end-users to establish their computational infrastructure. Alternatively, these models may only be accessible through paid cloud-based mechanisms, which can prove costly for general public utilization. Moreover, model and data providers require a more streamlined approach to track resource usage and capitalize on subsequent usage by others, both financially and otherwise. An effective mechanism is also lacking to contribute high-quality data for improving model performance. We propose a blockchain-based marketplace called "PredictChain" for predictive machine-learning models to address these issues. This marketplace enables users to upload datasets for training predictive machine learning models, request model training on previously uploaded datasets, or submit queries to trained models. Nodes within the blockchain network, equipped with available computing resources, will operate these models, offering a range of archetype machine learning models with varying characteristics, such as cost, speed, simplicity, power, and cost-effectiveness. This decentralized approach empowers users to develop improved models accessible to the public, promotes data sharing, and reduces reliance on centralized cloud providers.

Open access
cs.LG
cs.DC
Original source
Jul 24, 2023·arXiv
0 cites
Web3.0 Security: Privacy Enhancing and Anonym Auditing in Blockchain-based Structures

Danyal Namakshenas

The advent of Web 3.0, underpinned by blockchain technologies, promises to transform the internet's landscape by empowering individuals with decentralized control over their data. However, this evolution brings unique security challenges that need to be addressed. This paper explores these complexities, focusing on enhancing privacy and anonymous auditing within blockchain structures. We present the architecture of Web 3.0 based on the blockchain, providing a clear perspective on its workflow and security mechanisms. A security protocol for Web 3.0 systems, employing privacy-preserving techniques and anonymous auditing during runtime, is proposed. Key components of our solution include the integration of privacy-enhancing techniques and the utilization of Tor for anonymous auditing. We discuss related work and propose a framework that meets these new security requirements. Lastly, we offer an evaluation and comparison of our model to existing methods. This research contributes towards the foundational understanding of Web 3.0's secure structure and offers a pathway towards secure and privacy-preserving digital interactions in this novel internet landscape.

Open access
cs.CR
cs.DC
Original source
Jul 24, 2023·arXiv (Cornell University)
9 cites
SoK: Design, Vulnerabilities, and Security Measures of Cryptocurrency Wallets

Yimika Erinle, Yathin Kethepalli, Yebo Feng, Jiahua Xu

With the advent of decentralised digital currencies powered by blockchain technology, a new era of peer-to-peer transactions has commenced. The rapid growth of the cryptocurrency economy has led to increased use of transaction-enabling wallets, making them a focal point for security risks. As the frequency of wallet-related incidents rises, there is a critical need for a systematic approach to measure and evaluate these attacks, drawing lessons from past incidents to enhance wallet security. In response, we introduce a multi-dimensional design taxonomy for existing and novel wallets with various design decisions. We classify existing industry wallets based on this taxonomy, identify previously occurring vulnerabilities and discuss the security implications of design decisions. We also systematise threats to the wallet mechanism and analyse the adversary's goals, capabilities and required knowledge. We present a multi-layered attack framework and investigate 84 incidents between 2012 and 2024, accounting for $5.4B. Following this, we classify defence implementations for these attacks on the precautionary and remedial axes. We map the mechanism and design decisions to vulnerabilities, attacks, and possible defence methods to discuss various insights.

Open access
5 source records
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Advanced Steganography and Watermarking Techniques
Original source
Jul 23, 2023·arXiv (Cornell University)
2 cites
Implementing Smart Contracts: The case of NFT-rental with pay-per-like

Alfred Sopi, Johannes Schneider, Jan vom Brocke

Non-fungible tokens(NFTs) are on the rise. They can represent artworks exhibited for marketing purposes on webpages of companies or online stores -- analogously to physical artworks. Lending of NFTs is an attractive form of passive income for owners but comes with risks (e.g., items are not returned) and costs for escrow agents. Similarly, renters have difficulties in anticipating the impact of artworks, e.g., how spectators of NFTs perceive them. To address these challenges, we introduce an NFT rental solution based on a pay-per-like pricing model using blockchain technology, i.e., smart contracts based on the Ethereum chain. We find that blockchain solutions enjoy many advantages also reported for other applications, but interestingly, we also observe dark sides of (large) blockchain fees. Blockchain solutions appear unfair to niche artists and potentially hamper cultural diversity. Furthermore, a trust-cost tradeoff arises to handle fraud caused by manipulation from parties outside the blockchain. All code for the solution is publicly available at: https://github.com/asopi/rental-project

Open access
3 source records
Art History and Market Analysis
Blockchain Technology Applications and Security
Auction Theory and Applications
Original source
Jul 23, 2023·arXiv (Cornell University)
11 cites
Content Censorship in the InterPlanetary File System

Srivatsan Sridhar, Onur Ascigil, Navin V. Keizer, François Genon · 8 authors

The InterPlanetary File System (IPFS) is currently the largest decentralized storage solution in operation, with thousands of active participants and millions of daily content transfers. IPFS is used as remote data storage for numerous blockchain-based smart contracts, Non-Fungible Tokens (NFT), and decentralized applications. We present a content censorship attack that can be executed with minimal effort and cost, and that prevents the retrieval of any chosen content in the IPFS network. The attack exploits a conceptual issue in a core component of IPFS, the Kademlia Distributed Hash Table (DHT), which is used to resolve content IDs to peer addresses. We provide efficient detection and mitigation mechanisms for this vulnerability. Our mechanisms achieve a 99.6\% detection rate and mitigate 100\% of the detected attacks with minimal signaling and computational overhead. We followed responsible disclosure procedures, and our countermeasures are scheduled for deployment in the future versions of IPFS.

Open access
3 source records
Advanced Data Storage Technologies
Distributed and Parallel Computing Systems
cs.CR
Original source
Jul 21, 2023·in IEEE Communications Magazine, vol. 61, no. 2, pp. 110-116, 2023
0 cites
Zero-touch realization of Pervasive Artificial Intelligence-as-a-service in 6G networks

Emna Baccour, Mhd Saria Allahham, Aiman Erbad, Amr Mohamed · 6 authors

The vision of the upcoming 6G technologies, characterized by ultra-dense network, low latency, and fast data rate is to support Pervasive AI (PAI) using zero-touch solutions enabling self-X (e.g., self-configuration, self-monitoring, and self-healing) services. However, the research on 6G is still in its infancy, and only the first steps have been taken to conceptualize its design, investigate its implementation, and plan for use cases. Toward this end, academia and industry communities have gradually shifted from theoretical studies of AI distribution to real-world deployment and standardization. Still, designing an end-to-end framework that systematizes the AI distribution by allowing easier access to the service using a third-party application assisted by a zero-touch service provisioning has not been well explored. In this context, we introduce a novel platform architecture to deploy a zero-touch PAI-as-a-Service (PAIaaS) in 6G networks supported by a blockchain-based smart system. This platform aims to standardize the pervasive AI at all levels of the architecture and unify the interfaces in order to facilitate the service deployment across application and infrastructure domains, relieve the users worries about cost, security, and resource allocation, and at the same time, respect the 6G stringent performance requirements. As a proof of concept, we present a Federated Learning-as-a-service use case where we evaluate the ability of our proposed system to self-optimize and self-adapt to the dynamics of 6G networks in addition to minimizing the users' perceived costs.

Open access
cs.AI
cs.DC
cs.NI
Original source
Jul 17, 2023·arXiv (Cornell University)
6 cites
A Privacy-Preserving Blockchain-based E-voting System

Arnab Mukherjee, Souvik Majumdar, Anup Kumar Kolya, S. Nandi

Within a modern democratic nation, elections play a significant role in the nation's functioning. However, with the existing infrastructure for conducting elections using Electronic Voting Systems (EVMs), many loopholes exist, which illegitimate entities might leverage to cast false votes or even tamper with the EVMs after the voting session is complete. The need of the hour is to introduce a robust, auditable, transparent, and tamper-proof e-voting system, enabling a more reliable and fair election process. To address such concerns, we propose a novel solution for blockchain-based e-voting, focusing on the security and privacy aspects of the e-voting process. We consider the security risks and loopholes and aim to preserve the anonymity of the voters while ensuring that illegitimate votes are properly handled. Additionally, we develop a prototype as a proof of concept using the Ethereum blockchain platform. Finally, we perform experiments to demonstrate the performance of the system.

Open access
2 source records
cs.CR
cs.DC
Internet Traffic Analysis and Secure E-voting
Original source
Jul 16, 2023·arXiv
0 cites
Development of a Blockchain-Based On-Demand Lightweight Commodity Delivery System

Bayezid Al Hossain Onee, Kaniz Fatema Antora, Omar Sharif Rajme, Nafees Mansoor

The COVID-19 pandemic has caused a surge in the use of online delivery services, which rely on user-generated content to promote collaborative consumption. Although Online Food Delivery (OFD) is a popular delivery system in Bangladesh, it has yet to ensure item authenticity, especially with the increasing demand for lightweight commodity delivery services across the country. The authenticity of products, involvement of multiple parties, and fair exchange are all challenging aspects of coast-to-coast services. Therefore, it is necessary for the three entities involved in the supply chain transaction - Seller, Carrier, and Buyer - to establish at least two peer-to-peer operations to ensure reliability and efficiency. To address these limitations and meet consumer expectations, the study proposes a framework for a nationwide on-demand marketplace for lightweight commodity items and a delivery system. Furthermore, transaction details are stored in a Blockchain to ensure the transparency and reliability of the proposed system.

Open access
cs.DC
cs.CR
Original source
Jul 13, 2023·arXiv
0 cites
Can Blockchains Reliably Train Machine Learning Models?

Peihao Li, Nadia Dahmani

Large proof of work (PoW) networks allow anyone to earn rewards by running computation-intensive hash puzzles for profit, yet they typically consume electricity comparable to that of medium-sized countries. Repurposing computing resources from hash puzzles to machine learning training can benefit the energy sector as a whole, since this computing power is no longer wasted on solving hash puzzles but is instead used to train machine learning models that provide value across different application domains. However, major technical gaps currently prevent this integration. To bridge these gaps, we introduce proof of training (PoT), a protocol that directs mining power toward verifiable training of machine learning models while preserving PoW's incentives for participation and growth. We study PoT by theoretically identifying the blockchain structure that best meets the goals of training reliability, security, and scalability, and we further evaluate it by implementing a decentralized training network. Our results indicate considerable potential, including high task throughput, strong robustness, and improved network security.

Open access
cs.CR
cs.CE
cs.DC
Original source
Jul 13, 2023·arXiv (Cornell University)
15 cites
On the Mechanics of NFT Valuation: AI Ethics and Social Media

Luyao Zhang, Yutong Sun, Yutong Quan, Jiaxun Cao · 5 authors

As CryptoPunks pioneers the innovation of non-fungible tokens (NFTs) in AI and art, the valuation mechanics of NFTs has become a trending topic. Earlier research identifies the impact of ethics and society on the price prediction of CryptoPunks. Since the booming year of the NFT market in 2021, the discussion of CryptoPunks has propagated on social media. Still, existing literature hasn't considered the social sentiment factors after the historical turning point on NFT valuation. In this paper, we study how sentiments in social media, together with gender and skin tone, contribute to NFT valuations by an empirical analysis of social media, blockchain, and crypto exchange data. We evidence social sentiments as a significant contributor to the price prediction of CryptoPunks. Furthermore, we document structure changes in the valuation mechanics before and after 2021. Although people's attitudes towards Cryptopunks are primarily positive, our findings reflect imbalances in transaction activities and pricing based on gender and skin tone. Our result is consistent and robust, controlling for the rarity of an NFT based on the set of human-readable attributes, including gender and skin tone. Our research contributes to the interdisciplinary study at the intersection of AI, Ethics, and Society, focusing on the ecosystem of decentralized AI or blockchain. We provide our data and code for replicability as open access on GitHub.

Open access
3 source records
Art History and Market Analysis
Body Image and Dysmorphia Studies
Blockchain Technology Applications and Security
Original source
Jul 10, 2023·The 5th ACM International Symposium on Blockchain and Secure Critical Infrastructure (BSCI '23), July 10-14, 2023, Melbourne, VIC, Australia. 11 pages
8 cites
Digital Twins and Blockchain for IoT Management

Mayra Samaniego, Ralph Deters

Security and privacy are primary concerns in IoT management. Security breaches in IoT resources, such as smart sensors, can leak sensitive data and compromise the privacy of individuals. Effective IoT management requires a comprehensive approach to prioritize access security and data privacy protection. Digital twins create virtual representations of IoT resources. Blockchain adds decentralization, transparency, and reliability to IoT systems. This research integrates digital twins and blockchain to manage access to IoT data streaming. Digital twins are used to encapsulate data access and view configurations. Access is enabled on digital twins, not on IoT resources directly. Trust structures programmed as smart contracts are the ones that manage access to digital twins. Consequently, IoT resources are not exposed to third parties, and access security breaches can be prevented. Blockchain has been used to validate digital twins and store their configuration. The research presented in this paper enables multitenant access and customization of data streaming views and abstracts the complexity of data access management. This approach provides access and configuration security and data privacy protection.

Open access
3 source records
cs.CR
cs.DC
Blockchain Technology Applications and Security
Original source