The Loop of the Rings: A Distributed Cooperative System

Abstract

We introduce a decentralized and distributed collaborative environment denoted by LoR, which stands for "The Loop of the Rings". The LoR system provides a secure, user-friendly cooperative environment for users who can offer particular services to each other. The system manages to provide reliability and security using randomized technics in a well-structured environment. These technics together provide consensus and trust for the groups of collaborator parties. This platform carries a blockchain-based distributed database to save important information.The LoR system deals with cooperation rather than transactions. The system should manage and verify the collaboration between each group of participants who work with each other from the start to the end of the collaboration.The unique structure of the LoR system makes it a secure and reliable middleware between a (distributed) database and a service provider system. Such a service provider could be a freelancer or an IoT management system. The 5G-related services can be organized to be managed by the LoR platform.