Title
A Hybrid Blockchain System Based on Parallel Distributed Architecture for Central Bank Digital Currency.
Abstract
The Central Bank Digital Currency (CBDC) is the foundation of the future digital economy and society. However, most of the common blockchain currency only provide a creative technical architecture ignoring social effects or sacrificing performance in exchange for decentralization. Here, we proposed a hybrid blockchain system based on parallel distributed architecture by combining account and Unspent Transaction Output (UTXO) for center bank digital currency. Social effects are considered in this system and the centralized management is achieved with good performance. In experiment, the transferring speed of the proposed hybrid system is 80% faster than the UTXO method. Furthermore, a parallel distributed architecture is designed to optimize this system. Results show that the processing speed is 38.1% faster than the traditional blockchain account method and 17.8% faster than the UTXO method.
Year
DOI
Venue
2019
10.3233/FAIA190295
Frontiers in Artificial Intelligence and Applications
Keywords
Field
DocType
Blockchain,Digital Currency,Distributed Architecture,Parallel Processing,Consensus Mechanism
Digital currency,Computer science,Computer network,Blockchain,Central bank
Conference
Volume
ISSN
Citations 
320
0922-6389
0
PageRank 
References 
Authors
0.34
0
10
Name
Order
Citations
PageRank
Yanghua Cao100.34
Jinnan Zhang200.68
Xueguang Yuan300.34
Teng Guo400.34
Changqi Lu500.34
Gang Chen600.34
Jian Kang700.34
Xin Yan800.34
Xia Zhang900.34
Yongqing Huang1000.34