Social Welfare Maximization Auction in Edge Computing Resource Allocation for Mobile Blockchain

Blockchain, an emerging decentralized security system, has been applied in many applications, such as bitcoin, smart grid, and Internet-of-Things. However, running the mining process may cost too much energy consumption and computing resource usage on handheld devices, which restricts the use of blockchain in mobile environments. In this paper, we consider deploying edge computing service to support the mobile blockchain. We propose an auction-based edge computing resource market of the edge computing service provider. Since there is competition among miners, the allocative externalities (positive and negative) are taken into account in the model. In our auction mechanism, we maximize the social welfare while guaranteeing the truthfulness, individual rationality and computational efficiency. Based on blockchain mining experiment results, we define a hash power function that characterizes the probability of successfully mining a block. Through extensive simulations, we evaluate the performance of our auction mechanism which shows that our edge computing resources market model can efficiently solve the social welfare maximization problem for the edge computing service provider

Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges

In recent years, blockchain has gained widespread attention as an emerging technology for decentralization, transparency, and immutability in advancing online activities over public networks. As an essential market process, auctions have been well studied and applied in many business fields due to their efficiency and contributions to fair trade. Complementary features between blockchain and auction models trigger a great potential for research and innovation. On the one hand, the decentralized nature of blockchain can provide a trustworthy, secure, and cost-effective mechanism to manage the auction process; on the other hand, auction models can be utilized to design incentive and consensus protocols in blockchain architectures. These opportunities have attracted enormous research and innovation activities in both academia and industry; however, there is a lack of an in-depth review of existing solutions and achievements. In this paper, we conduct a comprehensive state-of-the-art survey of these two research topics. We review the existing solutions for integrating blockchain and auction models, with some application-oriented taxonomies generated. Additionally, we highlight some open research challenges and future directions towards integrated blockchain-auction models

When Mobile Blockchain Meets Edge Computing

Blockchain, as the backbone technology of the current popular Bitcoin digital currency, has become a promising decentralized data management framework. Although blockchain has been widely adopted in many applications, e.g., finance, healthcare, and logistics, its application in mobile services is still limited. This is due to the fact that blockchain users need to solve preset proof-of-work puzzles to add new data, i.e., a block, to the blockchain. Solving the proof-of-work, however, consumes substantial resources in terms of CPU time and energy, which is not suitable for resource-limited mobile devices. To facilitate blockchain applications in future mobile Internet of Things systems, multiple access mobile edge computing appears to be an auspicious solution to solve the proof-of-work puzzles for mobile users. We first introduce a novel concept of edge computing for mobile blockchain. Then, we introduce an economic approach for edge computing resource management. Moreover, a prototype of mobile edge computing enabled blockchain systems is presented with experimental results to justify the proposed concept.Comment: Accepted by IEEE Communications Magazin

Differential Privacy-Based Online Allocations towards Integrating Blockchain and Edge Computing

In recent years, the blockchain-based Internet of Things (IoT) has been researched and applied widely, where each IoT device can act as a node in the blockchain. However, these lightweight nodes usually do not have enough computing power to complete the consensus or other computing-required tasks. Edge computing network gives a platform to provide computing power to IoT devices. A fundamental problem is how to allocate limited edge servers to IoT devices in a highly untrustworthy environment. In a fair competition environment, the allocation mechanism should be online, truthful, and privacy safe. To address these three challenges, we propose an online multi-item double auction (MIDA) mechanism, where IoT devices are buyers and edge servers are sellers. In order to achieve the truthfulness, the participants' private information is at risk of being exposed by inference attack, which may lead to malicious manipulation of the market by adversaries. Then, we improve our MIDA mechanism based on differential privacy to protect sensitive information from being leaked. It interferes with the auction results slightly but guarantees privacy protection with high confidence. Besides, we upgrade our privacy-preserving MIDA mechanism such that adapting to more complex and realistic scenarios. In the end, the effectiveness and correctness of algorithms are evaluated and verified by theoretical analysis and numerical simulations

Blockchain-enabled resource management and sharing for 6G communications

The sixth-generation (6G) network must provide performance superior to previous generations to meet the requirements of emerging services and applications, such as multi-gigabit transmission rate, even higher reliability, and sub 1 ms latency and ubiquitous connection for the Internet of Everything (IoE). However, with the scarcity of spectrum resources, efficient resource management and sharing are crucial to achieving all these ambitious requirements. One possible technology to achieve all this is the blockchain. Because of its inherent properties, the blockchain has recently gained an important position, which is of great significance to 6G network and other networks. In particular, the integration of the blockchain in 6G will enable the network to monitor and manage resource utilization and sharing efficiently. Hence, in this paper, we discuss the potentials of the blockchain for resource management and sharing in 6G using multiple application scenarios, namely, Internet of things, device-to-device communications, network slicing, and inter-domain blockchain ecosystems