2020
DOI: 10.1109/jiot.2019.2958077
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PoBT: A Lightweight Consensus Algorithm for Scalable IoT Business Blockchain

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Cited by 159 publications
(65 citation statements)
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“…Although the permission delegation algorithm and the blockchain consensus algorithm are not on the same layer according to the access control architecture, currently due to the limitations of the blockchain itself, it is not significant to discuss the response time of the permission delegation algorithm. Although some researchers have proposed millisecond-level consensus algorithms, for example, Sujit Biswas et al proposed a lightweight consensus algorithm PoBT for commercial blockchains [31]. Under the same conditions, PoBT is one-third faster than Fabric's Endorsement, but the current mainstream blockchain consensus time is still longer.…”
Section: A Algorithm Time Overhead 1) Algorithm Time Overhead Analysismentioning
confidence: 99%
“…Although the permission delegation algorithm and the blockchain consensus algorithm are not on the same layer according to the access control architecture, currently due to the limitations of the blockchain itself, it is not significant to discuss the response time of the permission delegation algorithm. Although some researchers have proposed millisecond-level consensus algorithms, for example, Sujit Biswas et al proposed a lightweight consensus algorithm PoBT for commercial blockchains [31]. Under the same conditions, PoBT is one-third faster than Fabric's Endorsement, but the current mainstream blockchain consensus time is still longer.…”
Section: A Algorithm Time Overhead 1) Algorithm Time Overhead Analysismentioning
confidence: 99%
“…An overlay network is proposed to achieve decentralization and maintain end-to-end security and privacy with the blockchain-based framework implementation run by devices with robust computation capabilities. A new Proof of Block and Trade (PoBT) consensus algorithm is proposed in [ 32 ] in order to address the challenges associated with integrating salable IoT networks and blockchain technology. The research aim is to reduce the computation time for the validation of trades and blocks.…”
Section: Related Workmentioning
confidence: 99%
“…Puthal et al [26] presented a novel consensus algorithm called Proof-of-Authentication (PoAh), which introduces a cryptographic authentication mechanism to replace PoW for resource-constrained devices. Furthermore, in [27], the authors proposed a novel lightweight Proof of Block & Trade (PoBT) consensus algorithm for blockchain-based IoT systems, which validates not only the transactions but also the created blocks. Besides, in [27], a complete working solution for the integration of PoBT and Hyperledger Fabric is presented.…”
Section: Consensus For Iot-based Blockchainmentioning
confidence: 99%
“…Furthermore, in [27], the authors proposed a novel lightweight Proof of Block & Trade (PoBT) consensus algorithm for blockchain-based IoT systems, which validates not only the transactions but also the created blocks. Besides, in [27], a complete working solution for the integration of PoBT and Hyperledger Fabric is presented. e consumption of resources and time of PoBT is analyzed through a set of experiments.…”
Section: Consensus For Iot-based Blockchainmentioning
confidence: 99%