A Distributed Bilateral Resource Market Mechanism for Future Telecommunications Networks
Citation:
N. Afraz and M. Ruffini, A Distributed Bilateral Resource Market Mechanism for Future Telecommunications Networks, IEEE Globecom, 2019, 1 - 6Download Item:
Abstract:
In this paper, we propose a distributed market
mechanism powered by the blockchain technology addressing
network ownership models in multiple telecommunications networks
use cases. The proposed model is based on the smart
contract technology and enables transparent and trusted bilateral
trades, where trust among the network operators does not exist,
and there is no impartial third-party entity who is trusted by
all of the participants. We use an open source permissioned
blockchain framework called Hyperledger Fabric to investigate
the performance of the distributed market mechanism in cloud
environments. After running experiments on Hyperledger Fabric,
we discuss the practical feasibility and possible design choices
of our blockchain approach based on latency, throughput and
resource consumption analysis.
Author's Homepage:
http://people.tcd.ie/ruffinmDescription:
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Author: Ruffini, Marco
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