BFT in Blockchains: From Protocols to Use Cases

A blockchain is a distributed system that achieves strong security guarantees in storing, managing, and processing data. All blockchains achieve a common goal: building a decentralized system that provides a trustworthy service in an untrustworthy environment. A blockchain builds a Byzantine fault-tolerant system where decentralized nodes run a protocol to reach an agreement on the common system state. In this article, we focus on the research of BFT protocols. In particular, we categorize BFT protocols according to both the system models and workflow. We seek to answer a few important questions: How has the research in BFT evolved in the past four decades, especially with the rise of blockchains? What are the driven needs for BFT research in the future?

Cloud service recommendation for small and medium-sized enterprises: A context-aware group decision making approach

Recently, the enormous advantages of cloud services make them increasingly appealing to the small and medium-sized enterprises. The growing number of available services makes it challenging to select trustworthy services. Existing approaches focus on user preferences to guide personalized services recommendation for individual users, but lack of the research on trustworthy service recommendation for the small and medium-sized enterprises that represents a group user consisting of multiple individual users. For this type of enterprise, the cloud services recommendation must address the challenges from the diverse client context of individual users, the imprecise quality of experience in an uncertain cloud environment and the invalid or unsatisfactory recommendations. A client context-aware approach is proposed to recommend trustworthy cloud services for the small and medium-sized enterprises based on non-compensatory multi-criteria decision-making. In it, a type of client context is viewed as an independent evaluation criterion, and the interval neutrosophic numbers are employed to measure the fuzzy trustworthiness of cloud services. Based on the investigated outranking relations of interval neutrosophic numbers, a non-compensatory multi-criteria decision-making procedure via an improved ELECTRE III method is developed to rank candidate services. Experimental results demonstrate that this approach could efficiently produces the accurate ranking results of cloud services and effectively recommend the trustworthy service for small and medium-sized enterprises.

Cloud Computing Strategy and Impact in Banking/Financial Services

With recent advances in technology, internet has drastically changed the computing world from the concept of parallel computing to distributed computing to grid computing and now to cloud computing. The evolution of cloud computing over the past few years is potentially one of the major advances in the history of computing. Unfortunately, many banks are still hesitant to adopt cloud technology. New technologies such as cloud and AI will have the biggest impacts on the banking industry. For banks and credit unions wanting to achieve greater business agility, cloud technology enables organizations to respond instantly to changing market conditions, leveraging data and applied analytics to achieve customer experience and operational productivity benefits. As a result, cloud computing comes in to provide a solution to such challenges making banking a reliable and trustworthy service. This paper aims at cloud computing strategy, impact in banking and financial institutions and discusses the significant reliance of cloud computing.