Overview of Blockchain Consensus Mechanism

Zhang, Changqiang; Wu, Cangshuai; Wang, Xinyi

doi:10.1145/3404512.3404522

Cited by 53 publications

(27 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Then it has evolved to the development of structure and architecture of blockchain applications [80], the internet of things [81], and the latest financial technology named fintech [82], [83] and [84]. At final stages the evolved shape of blockchain and cryptocurrency literature has evolved into digital currency [85] and [86], internet of things (IoT) [87], [88], and [89], consensus [90] and proof of work [91], [92] and [93].…”

Section: A) Co-occurrence Analysismentioning

confidence: 99%

What is Core and What Future Holds for Blockchain Technologies and Cryptocurrencies: A Bibliometric Analysis

et al. 2021

View full text Add to dashboard Cite

Section: A) Co-occurrence Analysismentioning

confidence: 99%

What is Core and What Future Holds for Blockchain Technologies and Cryptocurrencies: A Bibliometric Analysis

et al. 2021

View full text Add to dashboard Cite

“…erefore, the network system will decide who is the next bookkeeper through relevant protocols so as to reach a consensus of which is the consensus mechanism. e essence of the consensus mechanism is to solve the problem of decentralized trust [37]. It is an essential technology for the independent operation of the blockchain.…”

Section: Consensus Mechanismmentioning

confidence: 99%

The Applications of Blockchain in Artificial Intelligence

Wang

Luo

Wen

et al. 2021

Security and Communication Networks

View full text Add to dashboard Cite

There has been increased interest in applying artificial intelligence (AI) in various settings to inform decision-making and facilitate predictive analytics. In recent times, there have also been attempts to utilize blockchain (a peer-to-peer distributed system) to facilitate AI applications, for example, in secure data sharing (for model training), preserving data privacy, and supporting trusted AI decision and decentralized AI. Hence, in this paper, we perform a comprehensive review of how blockchain can benefit AI from these four aspects. Our analysis of 27 English-language articles published between 2018 and 2021 identifies a number of research challenges and opportunities.

show abstract

“…First of all, we recommend the reader to refer to [46] for an overview of current consensus mechanisms. In view of the requirements of keeping information asymmetry and responding transactions in near-real-time, the certainty in consensus is a sufficient condition to support building trust in multi-party cooperation.…”

Section: Blockchain Consensus Protocolsmentioning

confidence: 99%

Blockchain-Based Diversion-Point System for Balancing Customer Flow in Shopping Mall

Wang

Liu

et al. 2020

Symmetry

View full text Add to dashboard Cite

Changing the store layout of a shopping mall is usually costly in terms of time, resources, and money. Balancing customer flow is obviously an economical way to rationalize the store layout without displacing stores or changing their locations. However, it has long been a big challenge for managers of shopping malls, because it is difficult to build trust among stores for the sake of regulating customer flow. This trust depends on a multi-party cooperation model, of which the agreements are implemented on asymmetric information. Unfortunately, any form of endorsement with human intervention cannot support building trust on asymmetric information. To solve this problem technically, this paper proposes a diversion-point system to dynamically divert part of customer flow from popular stores to less popular ones. The system operates diversion-points and -vouchers on an asymmetric basis. It also employs a Blockchain subsystem to replace the centralized endorsement and preserve the information asymmetry, thereby building trust into the cooperation among customers, the shopping mall, and the stores therein. The evaluation shows that the proposed system is effective in remedying imperfect store layout of the shopping mall.

show abstract

Overview of Blockchain Consensus Mechanism

Cited by 53 publications

References 3 publications

What is Core and What Future Holds for Blockchain Technologies and Cryptocurrencies: A Bibliometric Analysis

What is Core and What Future Holds for Blockchain Technologies and Cryptocurrencies: A Bibliometric Analysis

The Applications of Blockchain in Artificial Intelligence

Blockchain-Based Diversion-Point System for Balancing Customer Flow in Shopping Mall

Contact Info

Product

Resources

About