Large-scale transactional systems still suffer from not viable trust management strategies. Given its intrinsic characteristics, blockchain technology appears as interesting from this perspective. A semantic layer built upon a basic blockchain infrastructure would join the benefits of flexible resource/service discovery and validation by consensus. This paper proposes a novel Service-oriented Architecture (SOA) based on a semantic blockchain. Registration, discovery, selection and payment operations are implemented as smart contracts, allowing decentralized execution and trust. Potential applications include material and immaterial resource marketplaces and trustless collaboration among autonomous entities, spanning many areas of interest for smart cities and communities.

Semantic-enhanced blockchain technology for smart cities and communities

Loseto, G.;
2017

Abstract

Large-scale transactional systems still suffer from not viable trust management strategies. Given its intrinsic characteristics, blockchain technology appears as interesting from this perspective. A semantic layer built upon a basic blockchain infrastructure would join the benefits of flexible resource/service discovery and validation by consensus. This paper proposes a novel Service-oriented Architecture (SOA) based on a semantic blockchain. Registration, discovery, selection and payment operations are implemented as smart contracts, allowing decentralized execution and trust. Potential applications include material and immaterial resource marketplaces and trustless collaboration among autonomous entities, spanning many areas of interest for smart cities and communities.
Blockchain
Internet of Things
Semantic Web
Smart cities
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12572/7689
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