Abstract | ||
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Blockchain is one of the most important technological trends today since it has a wide spectrum of use cases (financial industry applications, supply-chain tracking, MedTech EHR management, energy grid etc.) and it offers a wide range of implementations. However, the main goal of the Blockchain remains the transfer of value-bearing assets between an owner of a resource and a client. Due to CPU intensive consensus algorithms, transaction prioritization based on potential earnings, the validation process and so on, Blockchain implementations are not able to support real-time services and, also, to enable a varied cloud computing service catalog on top of the existing infrastructure. Our solution is addressing this drawback by developing a system supporting late payments through our innovative concept called latent-transactions. We also provide the instruments through which we make viable off-chain agreements, between the parties involved in a transaction. Therefore, one can benefit from a service, prior to actual payment. In addition, we offer a service enlargement mechanism by providing a catalog where any member of Blockchain can subscribe and from where one can sell services in a real-time manner with adaptive pricing, based on the context (demand, activity at runtime etc.). |
Year | DOI | Venue |
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2018 | 10.1109/ROEDUNET.2018.8514139 | 2018 17th RoEduNet Conference: Networking in Education and Research (RoEduNet) |
Keywords | DocType | ISSN |
Blockchain,latent transaction,late-payment,off-chain transaction,services | Conference | 2068-1038 |
ISBN | Citations | PageRank |
978-1-5386-7136-8 | 0 | 0.34 |
References | Authors | |
1 | 3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Alin Bogdan Popa | 1 | 0 | 0.34 |
Ioan Mihail Stan | 2 | 0 | 0.34 |
Razvan Rughinis | 3 | 25 | 13.70 |