An overview on smart contracts : challenges, advances and platforms
- Authors: Zheng, Zibin , Xie, Shaoan , Dai, Hong-Ning , Chen, Weili , Imran, Muhammad
- Date: 2020
- Type: Text , Journal article
- Relation: Future Generation Computer Systems Vol. 105, no. (2020), p. 475-491
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- Description: Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a trusted third party. As a result, smart contracts can cut down administration and save services costs, improve the efficiency of business processes and reduce the risks. Although smart contracts are promising to drive the new wave of innovation in business processes, there are a number of challenges to be tackled. This paper presents a survey on smart contracts. We first introduce blockchains and smart contracts. We then present the challenges in smart contracts as well as recent technical advances. We also compare typical smart contract platforms and give a categorization of smart contract applications along with some representative examples. © 2019 Elsevier B.V.
Blockchain-based data privacy management with Nudge theory in open banking
- Authors: Wang, Hao , Ma, Shenglan , Dai, Hong-Ning , Imran, Muhammad , Wang, Tongsen
- Date: 2020
- Type: Text , Journal article
- Relation: Future Generation Computer Systems Vol. 110, no. (2020), p. 812-823
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- Description: Open banking brings both opportunities and challenges to banks all over the world especially in data management. A blockchain as a continuously growing list of records managed by a peer-to-peer network is widely used in various application scenarios; and it is commonly agreed that the blockchain technology can improve the protection of financial data privacy. However, current blockchain technology still poses some challenges in fully meeting the needs of financial data privacy protection. In order to address the existing problems, this paper proposes a new data privacy management framework based on the blockchain technology for the financial sector. The framework consists of three components: (1) a data privacy classification method according to the characteristics of financial data; (2) a new collaborative-filtering-based model; and (3) a data disclosure confirmation scheme for customer strategies based on the Nudge Theory. We implement a prototype and propose a set of algorithms for this framework. The framework is validated through field experiments and laboratory experiments. © 2019 Elsevier B.V.
Is blockchain for internet of medical things a panacea for COVID-19 pandemic?
- Authors: Li, Xuran , Tao, Bishenghui , Dai, Hong-Ning , Imran, Muhammad , Wan, Dehuan , Li, Dengwang
- Date: 2021
- Type: Text , Journal article
- Relation: Pervasive and Mobile Computing Vol. 75, no. (2021), p.
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- Description: The outbreak of the COVID-19 pandemic has deeply influenced the lifestyle of the general public and the healthcare system of the society. As a promising approach to address the emerging challenges caused by the epidemic of infectious diseases like COVID-19, Internet of Medical Things (IoMT) deployed in hospitals, clinics, and healthcare centers can save the diagnosis time and improve the efficiency of medical resources though privacy and security concerns of IoMT stall the wide adoption. In order to tackle the privacy, security, and interoperability issues of IoMT, we propose a framework of blockchain-enabled IoMT by introducing blockchain to incumbent IoMT systems. In this paper, we review the benefits of this architecture and illustrate the opportunities brought by blockchain-enabled IoMT. We also provide use cases of blockchain-enabled IoMT on fighting against the COVID-19 pandemic, including the prevention of infectious diseases, location sharing and contact tracing, and the supply chain of injectable medicines. We also outline future work in this area. © 2021 Elsevier B.V.
Blockchain for cloud exchange : a survey
- Authors: Xie, Shaoan , Zheng, Zibin , Chen, Weili , Wu, Jiajing , Dai, Hong-Ning , Imran, Muhammad
- Date: 2020
- Type: Text , Journal article
- Relation: Computers and Electrical Engineering Vol. 81, no. (2020), p.
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- Description: Compared with single cloud service providers, cloud exchange provides users with lower price and flexible options. However, conventional cloud exchange markets are suffering from a number of challenges such as central architecture being vulnerable to malicious attacks and cheating behaviours of third-party auctioneers. The recent advances in blockchain technologies bring the opportunities to overcome the limitations of cloud exchange. However, the integration of blockchain with cloud exchange is still in infancy and extensive research efforts are needed to tackle a number of research challenges. To bridge this gap, this paper presents an overview on using blockchain for cloud exchange. In particular, we first give an overview on cloud exchange. We then briefly survey blockchain technology and discuss the issues on using blockchain for cloud exchange in aspects of security, privacy, reputation systems and transaction management. Finally, we present the open research issues in this promising area. © 2019