scholarly journals TFCrowd: a blockchain-based crowdsourcing framework with enhanced trustworthiness and fairness

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
Chunxiao Li ◽  
Xidi Qu ◽  
Yu Guo
Keyword(s):  
Shapley Value ◽  
Smart Contracts ◽  
The Core ◽  
Blockchain Technology ◽  
Smart Contract ◽  
False Reporting ◽  
Critical Issues ◽  
Evaluation Mechanism ◽  
Core Idea ◽  
Cloud Servers

AbstractBlockchain technology has attracted considerable attention due to the boom of cryptocurrencies and decentralized applications. Among them, the emerging blockchain-based crowdsourcing is a typical paradigm, which gets rid of centralized cloud-servers and leverages smart contracts to realize task recommendation and reward distribution. However, there are still two critical issues yet to be solved urgently. First, malicious evaluation from crowdsourcing requesters will result in honest workers not getting the rewards they deserve even if they have provided valuable solutions. Second, unfair evaluation and reward distribution can lead to low enthusiasm for work. Therefore, the above problems will seriously hinder the development of blockchain-based crowdsourcing platforms. In this paper, we propose a new blockchain-based crowdsourcing framework with enhanced trustworthiness and fairness, named TFCrowd. The core idea of TFCrowd is utilizing a smart contract of blockchain as a trusted authority to fairly evaluate contributions and allocate rewards. To this end, we devise a reputation-based evaluation mechanism to punish the requester who behaves as “false-reporting” and a Shapley value-based method to distribute rewards fairly. By using our proposed schemes, TFCrowd can prevent malicious requesters from making unfair comments and reward honest workers according to their contributions. Extensive simulations and the experiment results demonstrate that TFCrowd can protect the interests of workers and distribute rewards fairly.

scholarly journals TFCrowd: A Blockchain-based Crowdsourcing Framework with Enhanced Trustworthiness and Fairness

2021 ◽  
Author(s):  
Chunxiao Li ◽  
Xidi Qu ◽  
Yu Guo
Keyword(s):  
Shapley Value ◽  
Smart Contracts ◽  
The Core ◽  
Blockchain Technology ◽  
Smart Contract ◽  
False Reporting ◽  
Critical Issues ◽  
Evaluation Mechanism ◽  
Core Idea ◽  
Cloud Servers

Abstract Blockchain technology has attracted considerable attention due to the boom of cryptocurrencies and decentralized applications. Among them, the emerging blockchain-based crowdsourcing is a typical paradigm, which gets rid of centralized cloud-servers and leverages smart contracts to realize task recommendation and reward distribution. However, there are still two critical issues yet to be solved urgently. First, malicious evaluation from crowdsourcing requesters will result in honest workers not getting the rewards they deserve even providing valuable solutions. Second, unfair evaluation and reward distribution can lead to workers’ reluctance to work actively. Therefore, the above problems will seriously hinder the development of blockchain-based crowdsourcing platforms. In this paper, we propose a new blockchain-based crowdsourcing framework with enhanced trustworthiness and fairness, named TFCrowd. The core idea of TFCrowd is utilizing a smart contract of blockchain as a trusted authority to fairly evaluate contributions and allocate rewards. To this end, we devise a reputation-based evaluation mechanism to punish the requester who behaves as “false-reporting” and a Shapley value-based method to distribute rewards fairly. By using our proposed schemes, TFCrowd can prevent malicious requesters from making unfair comments and reward honest workers according to their contributions. Extensive simulations and the experiment results demonstrate that TFCrowd can protect the interests of workers and distribute rewards fairly.

scholarly journals Research on Blockchain-Based E-Bidding System

2021 ◽  
Vol 11 (9) ◽  
pp. 4011
Author(s):  
Dan Wang ◽  
Jindong Zhao ◽  
Chunxiao Mu
Keyword(s):  
Data Transmission ◽  
Privacy Protection ◽  
Graph Isomorphism ◽  
Third Party ◽  
Business Logic ◽  
Core Concept ◽  
The Core ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Bidding Process

In the field of modern bidding, electronic bidding leads a new trend of development, convenience and efficiency and other significant advantages effectively promote the reform and innovation of China’s bidding field. Nowadays, most systems require a strong and trusted third party to guarantee the integrity and security of the system. However, with the development of blockchain technology and the rise of privacy protection, researchers has begun to emphasize the core concept of decentralization. This paper introduces a decentralized electronic bidding system based on blockchain and smart contract. The system uses blockchain to replace the traditional database and uses chaincode to process business logic. In data interaction, encryption techniques such as zero-knowledge proof based on graph isomorphism are used to improve privacy protection, which improves the anonymity of participants, the privacy of data transmission, and the traceability and verifiable of data. Compared with other electronic bidding systems, this system is more secure and efficient, and has the nature of anonymous operation, which fully protects the privacy information in the bidding process.

A Study of Use Cases for Smart Contracts Using Blockchain Technology

2021 ◽  
pp. 1823-1844
Author(s):  
S R Mani Sekhar ◽  
Siddesh G M ◽  
Swapnil Kalra ◽  
Shaswat Anand
Keyword(s):  
Natural Disaster ◽  
Vital Role ◽  
Use Cases ◽  
Use Case ◽  
Smart Contracts ◽  
Digital Identity ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Healthcare Finance ◽  
Natural Disaster Management

Blockchain technology is an emerging and rapidly growing technology in the current world scenario. It is a collection of records connected through cryptography. They play a vital role in smart contracts. Smart contracts are present in blockchains which are self-controlled and trustable. It can be integrated across various domains like healthcare, finance, self-sovereign identity, governance, logistics management and home care, etc. The purpose of this article is to analyze the various use cases of smart contracts in different domains and come up with a model which may be used in the future. Subsequently, a detailed description of a smart contract and blockchain is provided. Next, different case-studies related to five different domains is discussed with the help of use case diagrams. Finally, a solution for natural disaster management has been proposed by integrating smart contract, digital identity, policies and blockchain technologies, which can be used effectively for providing relief to victims during times of natural disaster.

scholarly journals The Mechanism of Evolution and Balance for e-Commerce Ecosystem under Blockchain

2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Fengqin ZhuanSun ◽  
Jiaojiao Chen ◽  
Wenlong Chen ◽  
Yan Sun
Keyword(s):  
Sustainable Development ◽  
Ecosystem Model ◽  
Information Channel ◽  
Information Ecology ◽  
The Core ◽  
Blockchain Technology ◽  
Core Idea ◽  
Intelligent Logistics ◽  
Evolutionary Paths ◽  
Work First

With the development of society, e-commerce competition has become increasingly intense and has ascended to the level of the ecosystem. Therefore, it is extremely significant to study the mechanism of evolution and balance for the e-commerce ecosystem. Simultaneously, blockchain technology is essentially a consensus mechanism, the core idea of which is decentralization, but it is actually the deconstruction of privileges and authority. Especially, the influence on the e-commerce ecosystem cannot be underestimated. Blockchain technology ultimately changes not only technology, but a comprehensive reconstruction of various industries. Building an e-commerce information ecosystem based on blockchain can promote the healthy and sustainable development of e-commerce information ecology. This work combines the definition and technical characteristics of blockchain, discusses the blockchain-based e-commerce information ecosystem model, and discusses how to achieve the ecological balance and system evolution of e-commerce under the background of blockchain. According to the internal problems of the e-commerce ecosystem, three evolutionary paths are proposed in this work. First, consider the timeliness of the information and construct a full-process information channel. Second, remove central nodes and build a safe and efficient block payment. Third, solve the blind zone in the field of logistics and create efficient and transparent intelligent logistics. This work can provide an effective reference for the development of e-commerce.

scholarly journals Application-Level Interoperability for Blockchain Networks

2021 ◽  
Author(s):  
Mohammad Madine ◽  
Khaled Salah ◽  
Raja Jayaraman ◽  
Yousof Al-Hammadi ◽  
Junaid Arshad ◽  
...  
Keyword(s):  
Medical Record ◽  
Security Analysis ◽  
Data Provenance ◽  
Smart Contracts ◽  
Shared Data ◽  
The Core ◽  
Blockchain Technology ◽  
Detailed Explanation ◽  
Share Data ◽  
Inter Communication

Blockchain technology has the potential to revolutionize industries by offering decentralized, transparent, data provenance, auditable, reliable, and trustworthy features. However, cross-chain interoperability is one of the crucial challenges preventing widespread adoption of blockchain applications. Cross-chain interoperability represents the ability for one blockchain network to interact and share data with another blockchain network. Contemporary cross-chain interoperability solutions are centralized and require re-engineering of the core blockchain stack to enable inter-communication and data sharing among heterogeneous blockchain networks. In this paper, we propose an application-based cross-chain interoperability solution that allows blockchain networks of any architecture type and industrial focus to inter-communicate, share data, and make requests. Our solution utilizes the decentralized applications as a distributed translation layer that is capable of communicating and understanding multiple blockchain networks, thereby delegating requests and parameters among them. The architecture uses incentivized verifier nodes that maintain the integrity of shared data facilitating them to be readable by the entities of their network. We define and describe the roles and requirements of major entities of inter-operating blockchain networks in the context of healthcare. We present a detailed explanation of the sequence of interactions needed to share an Electronic Medical Record (EMR) document from one blockchain network to another along with the required algorithms. We implement the proposed solution with Ethereum-based smart contracts for two hospitals and also present cost and security analysis for the cross-chain interoperability solution. We make our smart contracts code and testing scripts publicly available.

scholarly journals Smart Contract: The Concept, Legal Nature, Features of Conclusion and Execution

Legal Concept ◽  
2019 ◽  
pp. 54-60
Author(s):  
Nizami Safarli
Keyword(s):  
Russian Federation ◽  
Legal Regulation ◽  
Smart Contracts ◽  
Advantages And Disadvantages ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Legal Nature ◽  
Domestic Legislation ◽  
The Russian Federation ◽  
Statutory Regulation

Introduction: the paper is devoted to a new phenomenon in business activity in the conditions of IT development that contribute to the creation of secure contractual relations on the Internet on the basis of transactions executed through smart contracts. The author notes that the need for amendments that could fill the loopholes in the current legislation is obvious. And, first of all, it concerns Blockchain technology – the algorithm that mediates the safe development, conclusion and execution of smart contracts. Blockchain technology is considered in the paper as one of the safest means for concluding and executing smart contracts. The author argues that the study of the concept, legal nature and essence of smart contracts is relevant in the light of spreading their share in the total array of transactions in the world economy in conjunction with the changing domestic legislation governing the relevant sphere, as well as the international integration processes affecting the intensification of foreign economic activity of the Russian Federation. The smart contract concepts formulated by the Russian legislator in the process of upgrading the array of statutory regulation under conditions of economy digitalization are studied and compared. The features of conclusion and protection of the smart contract in the civil legislation of the Russian Federation are analyzed. In order to fully articulate the concept of the smart contract, reflecting its essence, functional purpose and legal nature, it is proposed to create a special law that would focus on the conclusion and implementation of “the smart contract” and the specification of the general norms of the civil code. At the same time, the norms of other special laws would supplement and correct the provisions fixed by this act depending on the sphere of managing and the legal regulation branch. The concept of the smart contract is formulated; its value for economic and contractual activity, and also the advantages and disadvantages of its application are established. The possible classifications of smart contracts are given.

scholarly journals Introduction to Blockchain and Cryptocurrenncy

2020 ◽  
Author(s):  
Vidhi Pitroda ◽  
Vraj Shah ◽  
Jinan Fiaidhi
Keyword(s):  
Peer To Peer ◽  
Research Topic ◽  
Smart Contracts ◽  
Blockchain Technology ◽  
Smart Contract ◽  
High Security

In recent years blockchain technology has become mainstream research topic because of its decentralized, peer to peer transaction and anonymity properties. There are several applications of blockchain which are secure and easy as compare to the current techniques. One of the applications is a smart contract. Smart contracts are lines of code which are stored on a blockchain and automatically executed when the conditions defined by the it (developer) are met. This smart contract with the addition of blockchain technology can do task fast and with high security. In this paper we have developed a smart contract for a generalized notary application on solidity, Ethereum and the application is tested using the truffle suite. Furthermore, applications and their methodology for notary applications are also mentioned.

scholarly journals Blockchain Smart Contract Meta-modeling

2021 ◽  
Author(s):  
Nicolás Sánchez-Gómez ◽  
Jesus Torres-Valderrama ◽  
Manuel MEJÍAS RISOTO ◽  
Alejandra GARRIDO
Keyword(s):  
Smart Contracts ◽  
Meta Model ◽  
Business Environments ◽  
Blockchain Technology ◽  
Collaborative Processes ◽  
Requirements Specifications ◽  
Smart Contract ◽  
Meta Modeling ◽  
Software Engineers ◽  
Future Work

One of the key benefits of blockchain technology is its ability to keep a permanent, unalterable record of transactions. In business environments, where companies interact with each other without a centralized authority to ensure trust between them, this has led to blockchain platforms and smart contracts being proposed as a means of implementing trustworthy collaborative processes. Software engineers must deal with them to ensure the quality of smart contracts in all phases of the smart contract lifecycle, from requirements specifications to design and deployment. This broad scope and criticality of smart contracts in business environments means that they have to be expressed in a language that is intuitive, easy-to-use, independent of the blockchain platform employed, and oriented towards software quality assurance. In this paper we present a key component: a first outline of a UML-based smart contract meta-model that would allow us to achieve these objectives. This meta-model will be enriched in future work to represent blockchain environments and automated testing.

scholarly journals Application-Level Interoperability for Blockchain Networks

2021 ◽  
Author(s):  
Mohammad Madine ◽  
Khaled Salah ◽  
Raja Jayaraman ◽  
Yousof Al-Hammadi ◽  
Junaid Arshad ◽  
...  
Keyword(s):  
Medical Record ◽  
Security Analysis ◽  
Data Provenance ◽  
Smart Contracts ◽  
Shared Data ◽  
The Core ◽  
Blockchain Technology ◽  
Detailed Explanation ◽  
Share Data ◽  
Inter Communication

Blockchain technology has the potential to revolutionize industries by offering decentralized, transparent, data provenance, auditable, reliable, and trustworthy features. However, cross-chain interoperability is one of the crucial challenges preventing widespread adoption of blockchain applications. Cross-chain interoperability represents the ability for one blockchain network to interact and share data with another blockchain network. Contemporary cross-chain interoperability solutions are centralized and require re-engineering of the core blockchain stack to enable inter-communication and data sharing among heterogeneous blockchain networks. In this paper, we propose an application-based cross-chain interoperability solution that allows blockchain networks of any architecture type and industrial focus to inter-communicate, share data, and make requests. Our solution utilizes the decentralized applications as a distributed translation layer that is capable of communicating and understanding multiple blockchain networks, thereby delegating requests and parameters among them. The architecture uses incentivized verifier nodes that maintain the integrity of shared data facilitating them to be readable by the entities of their network. We define and describe the roles and requirements of major entities of inter-operating blockchain networks in the context of healthcare. We present a detailed explanation of the sequence of interactions needed to share an Electronic Medical Record (EMR) document from one blockchain network to another along with the required algorithms. We implement the proposed solution with Ethereum-based smart contracts for two hospitals and also present cost and security analysis for the cross-chain interoperability solution. We make our smart contracts code and testing scripts publicly available.

scholarly journals Survey of Smart Contract Framework and Its Application

Information ◽  
2021 ◽  
Vol 12 (7) ◽  
pp. 257
Author(s):  
Edi Surya Negara ◽  
Achmad Nizar Hidayanto ◽  
Ria Andryani ◽  
Rezki Syaputra
Keyword(s):  
Literature Review ◽  
Theoretical Basis ◽  
Smart Contracts ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Exploratory Approach ◽  
Implementation Studies ◽  
Technological Developments

This article is a literature review on smart contract applications in various domains. The aim is to investigate technological developments and implementation of smart contracts in various domains. For this purpose, the theoretical basis of various papers that have been published in recent years is used as a source of theoretical and implementation studies. Smart contracts are the latest technology that is developing in line with the development of blockchain technology. The literature review that we have carried out explains that smart contracts work automatically, control, or document legally relevant events and actions in accordance with the agreements set forth in the contract agreement. This technology is one of the newest technologies that is expected to provide solutions for trust, security, and transparency in various domains. This literature review was conducted using an exploratory approach. This literature review focuses on reviewing frameworks, methods, and simulations of smart contract implementations in various domains.

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