Proceedings of the International Conference on Big Data and Advanced Wireless Technologies 2016
DOI: 10.1145/3010089.3016029
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Towards decentralized data storage in general cloud platform for meta-products

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Cited by 19 publications
(13 citation statements)
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“…Blockchain is a data structure used to create a public or private distributed digital transaction ledger which, instead of resting with a single provider, is shared among a distributed network of computers. Distributed ledgers can be used, for example, to store critical assets in the supply chain to track their ownership and changes in state (Shrestha and Vassileva, 2016). The data is stored in a distributed and redundant fashion in the blockchain, and each node verifies each transaction.…”
Section: Blockchainmentioning
confidence: 99%
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“…Blockchain is a data structure used to create a public or private distributed digital transaction ledger which, instead of resting with a single provider, is shared among a distributed network of computers. Distributed ledgers can be used, for example, to store critical assets in the supply chain to track their ownership and changes in state (Shrestha and Vassileva, 2016). The data is stored in a distributed and redundant fashion in the blockchain, and each node verifies each transaction.…”
Section: Blockchainmentioning
confidence: 99%
“…The key idea is that there is no centralized authority to determine what is true or what is false; instead, multiple distributed parties come to a consensus that is entered into the ledger and after that can be accessed by anyone (Shrestha and Vassileva, 2016). Computationally, it is impracticable for anyone (or less than a majority consensus) to go back and alter the history because the blockchain represents a chronological chain of events.…”
Section: Blockchainmentioning
confidence: 99%
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“…Computationally, it is impracticable for any corrupted node (unless the number of such nodes is higher majority consensus) to go back and alter the history. There is no single point of failure in blockchain because the redundancy of the system ensures many backups, and the lack of a central storage place ensures there is no one target for hackers [8]. Therefore, blockchain provides a new type of platform that is useful for sharing research data by providing solutions to the problems of privacy of user data and compliance to ethics standards and user consent agreements, as well as researcher control and incentives for sharing.…”
Section: Introductionmentioning
confidence: 99%