Title
Decentralized Netting Protocol over Consortium Blockchain
Abstract
In recent years, Bitcoin, Ethereum and other cryptocurrencies have attracted a great deal of attention from the whole industry including the financial as a new settlement system. Transaction information of these cryptocurrencies is stored in a distribution ledger called Blockchain on the P2P network through processing such as PoW. Meanwhile, since PoW requires a large amount of computer resources, researches on private / consortium type blockchain that do not need PoW. In this paper, we propose a decentralized netting protocol using a consortium type block chain that has the channel function. On a system that implements the proposed protocol, netting settlement can be performed on P2P hiding information of the sender and receiver name of transaction, amount of money, calculation butt of netting, and without setting up a specific central organization such as a central server.
Year
DOI
Venue
2018
10.23919/ISITA.2018.8664259
2018 International Symposium on Information Theory and Its Applications (ISITA)
Keywords
Field
DocType
Protocols,Blockchain,Peer-to-peer computing,Fabrics,Bitcoin,Receivers
Computer resources,Ledger,Computer security,Computer science,Communication channel,Communication source,Netting,Theoretical computer science,Blockchain,Cryptocurrency,Database transaction
Conference
ISBN
Citations 
PageRank 
978-4-88552-318-2
0
0.34
References 
Authors
0
6
Name
Order
Citations
PageRank
Ken Naganuma193.59
Masayuki Yoshino2217.43
Hisayoshi Sato3134.83
Nishio Yamada400.34
Takayuki Suzuki500.68
Noboru Kunihiro642545.72