Using Blockchain to support Data & Service Monetization

Two required features of a data monetization platform are query and retrieval of the metadata of the resources to be monetized. Centralized platforms rely on the maturity of traditional NoSQL database systems to support these features. These databases, for example, MongoDB allows for very efficient query and retrieval of data it stores. However, centralized platforms come with a bag of security and privacy concerns, making them not the ideal approach for a data monetization platform. On the other hand, most existing decentralized platforms are only partially decentralized. In this research, I developed Cowry, a platform for publishing metadata describing available resources (data or services), discovery of published metadata including fast search and filtering. My main contribution is a fully decentralized architecture that combines blockchain and traditional distributed database to gain additional features such as efficient query and retrieval of metadata stored on the blockchain

PEER TO PEER DIGITAL RIGHTS MANAGEMENT USING BLOCKCHAIN

Content distribution networks deliver content like videos, apps, and music to users through servers deployed in multiple datacenters to increase availability and delivery speed of content. The motivation of this work is to create a content distribution network that maintains a consumer’s rights and access to works they have purchased indefinitely. If a user purchases content from a traditional content distribution network, they lose access to the content when the service is no longer available. The system uses a peer to peer network for content distribution along with a blockchain for digital rights management. This combination may give users indefinite access to purchased works. The system benefits content rights owners because they can sell their content in a lower cost manner by distributing costs among the community of peers

Sustainable Development Report: Blockchain, the Web3 & the SDGs

This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc

Sustainable Development Report: Blockchain, the Web3 & the SDGs

This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc

Decentralized Identity and Access Management Framework for Internet of Things Devices

The emerging Internet of Things (IoT) domain is about connecting people and devices and systems together via sensors and actuators, to collect meaningful information from the devices surrounding environment and take actions to enhance productivity and efficiency. The proliferation of IoT devices from around few billion devices today to over 25 billion in the next few years spanning over heterogeneous networks defines a new paradigm shift for many industrial and smart connectivity applications. The existing IoT networks faces a number of operational challenges linked to devices management and the capability of devices’ mutual authentication and authorization. While significant progress has been made in adopting existing connectivity and management frameworks, most of these frameworks are designed to work for unconstrained devices connected in centralized networks. On the other hand, IoT devices are constrained devices with tendency to work and operate in decentralized and peer-to-peer arrangement. This tendency towards peer-to-peer service exchange resulted that many of the existing frameworks fails to address the main challenges faced by the need to offer ownership of devices and the generated data to the actual users. Moreover, the diversified list of devices and offered services impose that more granular access control mechanisms are required to limit the exposure of the devices to external threats and provide finer access control policies under control of the device owner without the need for a middleman. This work addresses these challenges by utilizing the concepts of decentralization introduced in Distributed Ledger (DLT) technologies and capability of automating business flows through smart contracts. The proposed work utilizes the concepts of decentralized identifiers (DIDs) for establishing a decentralized devices identity management framework and exploits Blockchain tokenization through both fungible and non-fungible tokens (NFTs) to build a self-controlled and self-contained access control policy based on capability-based access control model (CapBAC). The defined framework provides a layered approach that builds on identity management as the foundation to enable authentication and authorization processes and establish a mechanism for accounting through the adoption of standardized DLT tokenization structure. The proposed framework is demonstrated through implementing a number of use cases that addresses issues related identity management in industries that suffer losses in billions of dollars due to counterfeiting and lack of global and immutable identity records. The framework extension to support applications for building verifiable data paths in the application layer were addressed through two simple examples. The system has been analyzed in the case of issuing authorization tokens where it is expected that DLT consensus mechanisms will introduce major performance hurdles. A proof of concept emulating establishing concurrent connections to a single device presented no timed-out requests at 200 concurrent connections and a rise in the timed-out requests ratio to 5% at 600 connections. The analysis showed also that a considerable overhead in the data link budget of 10.4% is recorded due to the use of self-contained policy token which is a trade-off between building self-contained access tokens with no middleman and link cost