{"title":"A blockchain-based privacy protecting framework with multi-channel access control model for asset trading","authors":"Jing Cai, Haihui Huang, Chuang Ma, Jun Liu","doi":"10.1007/s12083-024-01732-9","DOIUrl":null,"url":null,"abstract":"<p>With development of e-commerce and intelligent devices, large amounts of asset transaction data and traders’ identity information have been generated. It poses huge challenges to the data security and privacy when data are stored in a centralized trading system. Here, considering the need of data sharing and data privacy in asset trading, we proposed a blockchain-based privacy protecting framework to accommodate both aspects of these requirements. The proposed framework combines a multi-channel access control model and smart contracts to enhance the security and transparency of asset trading within permissioned channels while maintaining privacy for transactions occurring outside of these channels. Furthermore, regarding market efficiency and transaction fairness, we design trading algorithm of double auction to make transaction more automated and intelligent. Finally, we implement asset trading prototype based on Hyperledger Fabric and evaluate the performance of model. The experimental results show that the proposed multi-channel blockchain-based framework realized intra-channel date sharing and extra-channel privacy protection. Our framework achieves enhanced security, high efficiency and strong traceability for assert trading.</p>","PeriodicalId":49313,"journal":{"name":"Peer-To-Peer Networking and Applications","volume":"22 1","pages":""},"PeriodicalIF":3.3000,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Peer-To-Peer Networking and Applications","FirstCategoryId":"94","ListUrlMain":"https://doi.org/10.1007/s12083-024-01732-9","RegionNum":4,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"COMPUTER SCIENCE, INFORMATION SYSTEMS","Score":null,"Total":0}
引用次数: 0
Abstract
With development of e-commerce and intelligent devices, large amounts of asset transaction data and traders’ identity information have been generated. It poses huge challenges to the data security and privacy when data are stored in a centralized trading system. Here, considering the need of data sharing and data privacy in asset trading, we proposed a blockchain-based privacy protecting framework to accommodate both aspects of these requirements. The proposed framework combines a multi-channel access control model and smart contracts to enhance the security and transparency of asset trading within permissioned channels while maintaining privacy for transactions occurring outside of these channels. Furthermore, regarding market efficiency and transaction fairness, we design trading algorithm of double auction to make transaction more automated and intelligent. Finally, we implement asset trading prototype based on Hyperledger Fabric and evaluate the performance of model. The experimental results show that the proposed multi-channel blockchain-based framework realized intra-channel date sharing and extra-channel privacy protection. Our framework achieves enhanced security, high efficiency and strong traceability for assert trading.
期刊介绍:
The aim of the Peer-to-Peer Networking and Applications journal is to disseminate state-of-the-art research and development results in this rapidly growing research area, to facilitate the deployment of P2P networking and applications, and to bring together the academic and industry communities, with the goal of fostering interaction to promote further research interests and activities, thus enabling new P2P applications and services. The journal not only addresses research topics related to networking and communications theory, but also considers the standardization, economic, and engineering aspects of P2P technologies, and their impacts on software engineering, computer engineering, networked communication, and security.
The journal serves as a forum for tackling the technical problems arising from both file sharing and media streaming applications. It also includes state-of-the-art technologies in the P2P security domain.
Peer-to-Peer Networking and Applications publishes regular papers, tutorials and review papers, case studies, and correspondence from the research, development, and standardization communities. Papers addressing system, application, and service issues are encouraged.