Device agent assisted blockchain leveraged framework for Internet of Things
- Nasrullah, Tarique, Islam, Md Manowarul, Uddin, Md Ashraf, Khan, Md Anisauzzaman, Layek, Md Abu, Stranieri, Andrew, Huh, Eui-Nam
- Authors: Nasrullah, Tarique , Islam, Md Manowarul , Uddin, Md Ashraf , Khan, Md Anisauzzaman , Layek, Md Abu , Stranieri, Andrew , Huh, Eui-Nam
- Date: 2023
- Type: Text , Journal article
- Relation: IEEE Access Vol. 11, no. (2023), p. 1254-1268
- Full Text:
- Reviewed:
- Description: Blockchain (BC) is a burgeoning technology that has emerged as a promising solution to peer-to-peer communication security and privacy challenges. As a revolutionary technology, blockchain has drawn the attention of academics and researchers. Cryptocurrencies have already effectively utilized BC technology. Many researchers have sought to implement this technique in different sectors, including the Internet of Things. To store and manage IoT data, we present in this paper a lightweight BC-based architecture with a modified raft algorithm-based consensus protocol. We designed a Device Agent that executes a novel registration procedure to connect IoT devices to the blockchain. We implemented the framework on Docker using the Go programming language. We have simulated the framework on a Linux environment hosted in the cloud. We have conducted a detailed performance analysis using a variety of measures. The results demonstrate that our suggested solution is suitable for facilitating the management of IoT data with increased security and privacy. In terms of throughput and block generation time, the results indicate that our solution might be 40% to 45% faster than the existing blockchain. © 2013 IEEE.
- Authors: Nasrullah, Tarique , Islam, Md Manowarul , Uddin, Md Ashraf , Khan, Md Anisauzzaman , Layek, Md Abu , Stranieri, Andrew , Huh, Eui-Nam
- Date: 2023
- Type: Text , Journal article
- Relation: IEEE Access Vol. 11, no. (2023), p. 1254-1268
- Full Text:
- Reviewed:
- Description: Blockchain (BC) is a burgeoning technology that has emerged as a promising solution to peer-to-peer communication security and privacy challenges. As a revolutionary technology, blockchain has drawn the attention of academics and researchers. Cryptocurrencies have already effectively utilized BC technology. Many researchers have sought to implement this technique in different sectors, including the Internet of Things. To store and manage IoT data, we present in this paper a lightweight BC-based architecture with a modified raft algorithm-based consensus protocol. We designed a Device Agent that executes a novel registration procedure to connect IoT devices to the blockchain. We implemented the framework on Docker using the Go programming language. We have simulated the framework on a Linux environment hosted in the cloud. We have conducted a detailed performance analysis using a variety of measures. The results demonstrate that our suggested solution is suitable for facilitating the management of IoT data with increased security and privacy. In terms of throughput and block generation time, the results indicate that our solution might be 40% to 45% faster than the existing blockchain. © 2013 IEEE.
Bitcoin : users’ characteristics, motivations and investment behaviours
- Authors: Carter, Corey
- Date: 2019
- Type: Text , Thesis , PhD
- Full Text:
- Description: In less than a decade, the cryptocurrency known as Bitcoin has gone from a fringe phenomenon to a topic of increasing interest to academia and mainstream investors. However, despite the growing body of research seeking to understand Bitcoin, the pseudonymous, decentralised, and globally-diffused nature of its user base means that the individuals who use it remain poorly understood. In particular, the motivations, risk-appreciation, and investment behaviours of early adopters and innovators are subject to supposition in the absence of data derived from the user base. This thesis seeks to address this gap in knowledge by employing a multi-stage, mixed methodology approach and a theoretical framework to understand the Bitcoin user base. Utilising semantic analysis, a survey of online cryptocurrency communities, and econometric time-series analysis, this thesis addresses the extent and nature of Bitcoin in hedging; how individual users perceive their own motivations, uses, and risks that have driven their behaviour; and the nature of the relationship between the prices of cryptocurrency and indices of confidence. Analysis of the data determined that the use of Bitcoin as an instrument of hedging is limited, and influenced by political and institutional factors. Likewise, its motivations, uses, and risks are reflective of the users’ political ideology, with the community and marketplace becoming more sophisticated as they evolve over time. Additionally, despite several case studies demonstrating risk-averse adoption of Bitcoin, there is no relationship between its prices and confidence.
- Description: Doctor of Philosophy
- Authors: Carter, Corey
- Date: 2019
- Type: Text , Thesis , PhD
- Full Text:
- Description: In less than a decade, the cryptocurrency known as Bitcoin has gone from a fringe phenomenon to a topic of increasing interest to academia and mainstream investors. However, despite the growing body of research seeking to understand Bitcoin, the pseudonymous, decentralised, and globally-diffused nature of its user base means that the individuals who use it remain poorly understood. In particular, the motivations, risk-appreciation, and investment behaviours of early adopters and innovators are subject to supposition in the absence of data derived from the user base. This thesis seeks to address this gap in knowledge by employing a multi-stage, mixed methodology approach and a theoretical framework to understand the Bitcoin user base. Utilising semantic analysis, a survey of online cryptocurrency communities, and econometric time-series analysis, this thesis addresses the extent and nature of Bitcoin in hedging; how individual users perceive their own motivations, uses, and risks that have driven their behaviour; and the nature of the relationship between the prices of cryptocurrency and indices of confidence. Analysis of the data determined that the use of Bitcoin as an instrument of hedging is limited, and influenced by political and institutional factors. Likewise, its motivations, uses, and risks are reflective of the users’ political ideology, with the community and marketplace becoming more sophisticated as they evolve over time. Additionally, despite several case studies demonstrating risk-averse adoption of Bitcoin, there is no relationship between its prices and confidence.
- Description: Doctor of Philosophy
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