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A distributed digital asset-trading platform based on permissioned blockchains

  • Rong Wang*
  • , Wei Tek Tsai
  • , Juan He
  • , Can Liu
  • , Enyan Deng
  • *Corresponding author for this work
  • Beihang University
  • Arizona State University
  • Beijing Tiande Technologies
  • Andrew International Sandbox Institute
  • National Big Data Comprehensive Experimental Area

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

With the rapid development of cryptocurrencies, digital-asset transaction has become important, and the security and privacy of the centralized asset-trading platform are becoming serious. Distributed digital asset-trading platform has many characteristics such as high security and low transaction cost, thus received significant attention. In this paper, we first introduce distributed digital-asset-trading platforms, and evaluates currently available platforms by showing the strength and weakness of these platforms. Second, based on these analyses, we propose some principles of distributed digital-asset-trading platforms. Third, based on these principles, we put forward a novel exchange blockchain (EBC), which is based on permissioned blockchain (BC). We introduce the EBC system (EBCS), and analyse the performances of EBCS. Finally, we summarize and prospect future work of EBCS.

Original languageEnglish
Title of host publicationSmart Blockchain - 1st International Conference, SmartBlock 2018, Proceedings
EditorsMeikang Qiu
PublisherSpringer Verlag
Pages55-65
Number of pages11
ISBN (Print)9783030057633
DOIs
StatePublished - 2018
Event1st International Conference on Smart Blockchain, SmartBlock 2018 - Tokyo, Japan
Duration: 10 Dec 201812 Dec 2018

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume11373 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference1st International Conference on Smart Blockchain, SmartBlock 2018
Country/TerritoryJapan
CityTokyo
Period10/12/1812/12/18

Keywords

  • Asset-trading platforms
  • Decentralized digital assets exchanges
  • Exchange blockchain
  • Permissioned blockchains

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