With the development of Internet technology, the demand for signing electronic contracts has been greatly increased. The electronic contract generated by the participants in an online way enjoys the same legal effect as paper contract. The fairness is the key issue in jointly signing electronic contracts by the involved participants, so that all participants can either get the same copy of the contract or nothing. Most existing solutions only focus on the fairness of electronic contract generation between two participants, where the digital signature can effectively guarantee the fairness of the exchange of electronic contracts and becomes the conventional technology in designing the contract signing protocol. In this paper, an efficient blockchain-based multi-party electronic contract signing (MECS) protocol is presented, which not only offers the fairness of electronic contract generation for multiple participants, but also allows each participant to aggregate validate the signed copy of others. Security analysis shows that the proposed MECS protocol enjoys unforgeability, non-repudiation and fairness of electronic contracts, and performance analysis demonstrates the high efficiency of our construction.

Controlled optimization of phases (COP) is a core implementation in the future intelligent traffic signal system (I-SIG), which has been deployed and tested in countries including the U.S. and China. In such a system design, optimal signal control depends on dynamic traffic situation awareness via connected vehicles. Unfortunately, I-SIG suffers data spoofing from any hacked vehicle; in particular, the spoofing of the last vehicle can break the system and cause severe traffic congestion. Specifically, coordinated attacks on multiple intersections may even bring cascading failure of the road traffic network. To mitigate this security issue, a blockchain-based multi-intersection joint defense mechanism upon COP planning is designed. The major contributions of this paper are the following. 1) A blockchain network constituted by road-side units at multiple intersections, which are originally distributed and decentralized, is proposed to obtain accurate and reliable spoofing detection. 2) COP-oriented smart contract is implemented and utilized to ensure the credibility of spoofing vehicle detection. Thus, an I-SIG can automatically execute a signal planning scheme according to traffic information without spoofing data. Security analysis for the data spoofing attack is carried out to demonstrate the security. Meanwhile, experiments on the simulation platform VISSIM and Hyperledger Fabric show the efficiency and practicality of the blockchain-based defense mechanism.

Blockchain is a distributed ledger technology used for trading digital assets, such as cryptocurrency, and trail records that need to be audited by third parties. The use cases of blockchain are expanding beyond cryptocurrency management. In particular, the token economy, in which tokenized assets are exchanged across different blockchain ledgers, is gaining popularity. Cross-chain technologies such as atomic swap have emerged as security technologies to realize this new use case of blockchain. However, existing approaches of cross-chain technology have unresolved issues, such as application limitations on different blockchain platforms owing to the incompatibility of the communication interface and crypto algorithm and inability to handle a complex business logic such as the escrow trade. In this study, the ConnectionChain is proposed, which enables the execution of an extended smart contract using abstracted operation on interworking ledgers. Moreover, field experimental results using the system prototype are presented and explained.

In Bitcoin and Ethereum, nodes require a large storage capacity to maintain all of the blockchain data such as transactions. As of September 2021, the storage size of the Bitcoin blockchain has expanded to 355 GB, and it has increased by approximately 50 GB every year over the last five years. This storage requirement is a major hurdle to becoming a block proposer or validator. We propose an architecture called Trail that allows nodes to hold all blocks in a small storage and to generate and validate blocks and transactions. A node in Trail holds all blocks without transactions, UTXOs or account balances. The block size is approximately 8 kB, which is 100 times smaller than that of Bitcoin. On the other hand, a client who issues transactions needs to hold proof of its assets. Thus, compared to traditional blockchains, clients must store additional data. We show that proper data archiving can keep the account device storage size small. Then, we propose a method of executing smart contracts in Trail using a threshold signature. Trail allows more users to be block proposers and validators and improves the decentralization and security of the blockchain.

The Proof of Stake (PoS) protocol is one of the consensus algorithms for blockchain, in which the integrity of a new block is validated according to voting by nodes called validators. However, due to validator-oriented voting, voting results are likely to be false when the number of validators with wrong votes increases. In the PoS protocol, validators are motivated to vote correctly by reward and penalty mechanisms. With such mechanisms, validators who contribute to correct consensuses are rewarded, while those who vote incorrectly are penalized. In this paper, we consider an incentivization mechanism based on the voting profile of a validator, which is estimated from the voting history of the validator. In this mechanism, the stake collected due to the penalties are redistributed to validators who vote correctly, improving the incentive of validators to contribute to the system. We evaluate the performance of the proposed mechanism by computer simulations, investigating the impacts of system parameters on the estimation accuracy of the validator profile and the amount of validator's stake. Numerical results show that the proposed mechanism can estimate the voting profile of a validator accurately even when the voting profile dynamically changes. It is also shown that the proposed mechanism gives more reward to validators who vote correctly with high voting profile.

Sharding is a solution to the blockchain scalability problem. A sharded blockchain divides consensus nodes (validators) into groups called shards and processes transactions separately to improve throughput and latency. In this paper, we analyze the rational behavior of users in account/balance model-based sharded blockchains and identify a phenomenon in which accounts (users' wallets and smart contracts) eventually get concentrated in a few shards, making shard loads unfair. This phenomenon leads to bad user experiences, such as delays in transaction inclusions and increased transaction fees. To solve this problem, we propose two load balancing methods in account/balance model-based sharded blockchains. Both methods perform load balancing by periodically reassigning accounts: in the first method, the blockchain protocol itself performs load balancing and in the second method, wallets perform load balancing. We discuss the pros and cons of the two protocols, and apply the protocols to the execution sharding in Ethereum 2.0, an existing sharding design. Further, we analyze by simulation how the protocols behave to confirm that we can observe smaller transaction delays and fees. As a result, we released the simulation program as “Shargri-La,” a simulator designed for general-purpose user behavior analysis on the execution sharding in Ethereum 2.0.

A mobile crowdsensing system (MCS) utilizes a crowd of users to collect large-scale data using their mobile devices efficiently. The collected data are usually linked with sensitive information, raising the concerns of user privacy leakage. To date, many approaches have been proposed to protect the users' privacy, with the majority relying on a centralized structure, which poses though attack and intrusion vulnerability. Some studies build a distributed platform exploiting a blockchain-type solution, which still requires a fully trusted third party (TTP) to manage a reliable reward distribution in the MCS. Spurred by the deficiencies of current methods, we propose a distributed user privacy protection structure that combines blockchain and a trusted execution environment (TEE). The proposed architecture successfully manages the users' privacy protection and an accurate reward distribution without requiring a TTP. This is because the encryption algorithms ensure data confidentiality and uncouple the correlation between the users' identity and the sensitive information in the collected data. Accordingly, the smart contract signature is used to manage the user deposit and verify the data. Extensive comparative experiments verify the efficiency and effectiveness of the proposed combined blockchain and TEE scheme.

Blockchain is one of the prominent rapidly used technology in the last decade in various applications. In recent years, many researchers explored the capabilities of blockchain in smart IoT to address various security challenges. Integration of IoT and blockchain solves the security problems but scalability still remains a huge challenge. To address this, various AI techniques can be applied in the blockchain IoT framework, thus providing an efficient information system. In this survey, various works pertaining to the domains which integrate AI, IoT and Blockchain has been explored. Also, this article discusses potential industrial use cases on fusion of blockchain, AI and IoT applications and its challenges.

Bitcoin is one of popular cryptocurrencies widely used over the world, and its blockchain technology has attracted considerable attention. In Bitcoin system, it has been reported that transactions are prioritized according to transaction fees, and that transactions with high priorities are likely to be confirmed faster than those with low priorities. In this paper, we consider performance modeling of Bitcoin-blockchain system in order to characterize the transaction-confirmation time. We first introduce the Bitcoin system, focusing on proof-of-work, the consensus mechanism of Bitcoin blockchain. Then, we show some queueing models and its analytical results, discussing the implications and insights obtained from the queueing models.

A private decentralized e-health environment, empowered by blockchain technology, grants authorized healthcare entities to legitimately access the patient's medical data without relying on a centralized node. Every activity from authorized entities is recorded immutably in the blockchain transactions. In terms of privacy, the e-health system preserves a default privacy option as an initial state for every patient since the patients may frequently customize their medical data over time for several purposes. Moreover, adjustments in the patient's privacy contexts are often solely from the patient's initiative without any doctor or stakeholders' recommendation. Therefore, we design, implement, and evaluate user-defined data privacy utilizing nudge theory for decentralized e-health systems named PDPM to tackle these issues. Patients can determine the privacy of their medical records to be closed to certain parties. Data privacy management is dynamic, which can be executed on the blockchain via the smart contract feature. Tamper-proof user-defined data privacy can resolve the dispute between the e-health entities related to privacy management and adjustments. In short, the authorized entities cannot deny any changes since every activity is recorded in the ledgers. Meanwhile, the nudge theory technique supports providing the best patient privacy recommendations based on their behaviour activities even though the final decision rests on the patient. Finally, we demonstrate how to use PDPM to realize user-defined data privacy management in decentralized e-health environments.

The continuous development of the mobile computing environment has led to the emergence of fintech to enable convenient financial transactions in this environment. Previously proposed financial identity services mostly adopted centralized servers that are prone to single-point-of-failure problems and performance bottlenecks. Blockchain-based self-sovereign identity (SSI), which emerged to address this problem, is a technology that solves centralized problems and allows decentralized identification. However, the verifiable credential (VC), a unit of SSI data transactions, guarantees unlimited right to erasure for self-sovereignty. This does not suit the specificity of the financial transaction network, which requires the restriction of the right to erasure for credit evaluation. This paper proposes a model for VC generation and revocation verification for credit scoring data. The proposed model includes double zero knowledge - succinct non-interactive argument of knowledge (zk-SNARK) proof in the VC generation process between the holder and the issuer. In addition, cross-revocation verification takes place between the holder and the verifier. As a result, the proposed model builds a trust platform among the holder, issuer, and verifier while maintaining the decentralized SSI attributes and focusing on the VC life cycle. The model also improves the way in which credit evaluation data are processed as VCs by granting opt-in and the special right to erasure.

Blockchain-based voting, including liquid voting, has been extensively studied in recent years. However, it remains challenging to implement liquid voting on blockchain using Ethereum smart contract. The challenge comes from the gas limit, which is that the number of instructions for processing a ballot cannot exceed a certain amount. This restricts the application scenario with respect to algorithms whose time complexity is linear to the number of voters, i.e., O(n). As the blockchain technology can well share and reuse the resources, we study a model of liquid voting on blockchain and propose a fast algorithm, named Flash, to eliminate the restriction. The key idea behind our algorithm is to shift some on-chain process to off-chain. In detail, we first construct a Merkle tree off-chain which contains all voters' properties. Second, we use Merkle proof and interval tree to process each ballot with O(log n) on-chain time complexity. Theoretically, the algorithm can support up to 21000 voters with respect to the current gas limit on Ethereum. Experimentally, the result implies that the consumed gas fee remains at a very low level when the number of voters increases. This means our algorithm makes liquid voting on blockchain practical even for massive voters.

Blockchain is a distributed ledger technology for recording transactions. When two or more miners create different versions of the blocks at almost the same time, blockchain forks occur. We model the mining process with forks by a discrete event system and design a supervisor controlling these forks.

A blockchain, which is well known as one of the distributed ledgers, has attracted in many research fields. In this paper, we discuss the effectiveness and limitation of a blockchain in distributed optimization. In distributed optimization, the original problem is decomposed, and the local problems are solved by multiple agents. In this paper, ADMM (Alternating Direction Method of Multipliers) is utilized as one of the powerful methods in distributed optimization. In ADMM, an aggregator is basically required for collecting the computation result in each agent. Using blockchains, the function of an aggregator can be contained in a distributed ledger, and an aggregator may not be required. As a result, tampering from attackers can be prevented. As an application, we consider energy management systems (EMSs). By numerical experiments, the effectiveness and limitation of blockchain-based distributed optimization are clarified.

Blockchain is a distributed ledger system composed of a P2P network and is used for a wide range of applications, such as international remittance, inter-individual transactions, and asset conservation. In Blockchain systems, tamper resistance is enhanced by the property of transaction that cannot be changed or deleted by everyone including the creator of the transaction. However, this property also becomes a problem that unintended transaction created by miss operation or secret key theft cannot be corrected later. Due to this problem, once an illegal transaction such as theft occurs, the damage will expand. To suppress the damage, we need countermeasures, such as detecting illegal transaction at high speed and correcting the transaction before approval. However, anomaly detection in the Blockchain at high speed is computationally heavy, because we need to repeat the detection process using various feature quantities and the feature extractions become overhead. In this paper, to accelerate anomaly detection, we propose to cache transaction information necessary for extracting feature in GPU device memory and perform both feature extraction and anomaly detection in the GPU. We also propose a conditional feature extraction method to reduce computation cost of anomaly detection. We employ anomaly detection using K-means algorithm based on the conditional features. When the number of users is one million and the number of transactions is 100 millions, our proposed method achieves 8.6 times faster than CPU processing method and 2.6 times faster than GPU processing method that does not perform feature extraction on the GPU. In addition, the conditional feature extraction method achieves 1.7 times faster than the unconditional method when the number of users satisfying a given condition is 200 thousands out of one million.

Software-Defined Networking (SDN) enables flexible deployment and innovation of new networking applications by decoupling and abstracting the control and data planes. It has radically changed the concept and way of building and managing networked systems, and reduced the barriers to entry for new players in the service markets. It is considered to be a promising solution providing the scale and versatility necessary for IoT. However, SDN may also face many challenges, i.e., the centralized control plane would be a single point of failure. With the advent of blockchain technology, blockchain-based SDN has become an emerging architecture for securing a distributed network environment. Motivated by this, in this work, we summarize the generic framework of blockchain-based SDN, discuss security challenges and relevant solutions, and provide insights on the future development in this field.

In the context of Cyber-Physical System (CPS), analyzing the real world data accumulated in cyberspace would improve the efficiency and productivity of various social systems. Towards establishing data-driven society, it is desired to share data safely and smoothly among multiple services. In this paper, we propose a scheme that services authenticate users using information registered on a blockchain. We show that the proposed scheme has resistance to tampering and a spoofing attack.

Financial Technology (FinTech) is considered a taxonomy that describes a wide range of ICT (information and communications technology) associated with financial transactions and related operations. Improvement of service quality is the main issue addressed in this taxonomy, and there are a large number of emerging technologies including blockchain-based cryptocurrencies and smart contracts. Due to its innovative nature in accounting, blockchain can also be used in lots of other FinTech contexts where token models play an important role for financial engineering. This paper revisits some of the key concepts accumulated behind this trend, and shows a generalized understanding of the technology using an adapted stochastic process. With a focus on financial instruments using blockchain, research directions toward stable applications are identified with the help of a newly proposed stabilizer: interpretation function of token valuation. The idea of adapted stochastic process is essential for the stabilizer, too.

The reward of the Bitcoin system is designed to be proportional to miner's computational power. However, rogue miners can increase their rewards by using the block withholding attacks. For raising awareness on the Bitcoin reward system, a new attack scheme is proposed, where the attackers infiltrate into an open pool and launch the selfish mining as well as the block withholding attack. The simulation results demonstrate that the proposed attack outperforms the conventional block withholding attacks.

Engineers and researchers have recently paid attention to Blockchain. Blockchain is a fault-tolerant distributed ledger without administrators. Blockchain is originally derived from cryptocurrency, but it is possible to be applied to other industries. Transferring digital asset is called a transaction. Blockchain holds all transactions, so the total amount of Blockchain data will increase as time proceeds. On the other hand, the number of Internet of Things (IoT) products has been increasing. It is difficult for IoT products to hold all Blockchain data because of their storage capacity. Therefore, they access Blockchain data via servers that have Blockchain data. However, if a lot of IoT products access Blockchain network via servers, server overloads will occur. Thus, it is useful to reduce workloads and improve throughput. In this paper, we propose a caching technique using a Field Programmable Gate Array-based (FPGA) Network Interface Card (NIC) which possesses four 10Gigabit Ethernet (10GbE) interfaces. The proposed system can reduce server overloads, because the FPGA NIC instead of the server responds to requests from IoT products if cache hits. We implemented the proposed hardware cache to achieve high throughput on NetFPGA-10G board. We counted the number of requests that the server or the FPGA NIC processed as an evaluation. As a result, the throughput improved by on average 1.97 times when hitting the cache.