학술논문

Design of Trusted B2B Market Platforms using Permissioned Blockchains and Game Theory
Document Type
Conference
Source
2019 IEEE International Conference on Blockchain and Cryptocurrency (ICBC) Blockchain and Cryptocurrency (ICBC), 2019 IEEE International Conference on. :385-393 May, 2019
Subject
Communication, Networking and Broadcast Technologies
Computing and Processing
Power, Energy and Industry Applications
Blockchain
Collaboration
Games
Smart contracts
Privacy
component
formatting
style
styling
insert
Language
Abstract
Trusted collaboration satisfying the requirements of (a) adequate transparency and (b) preservation of privacy of business sensitive information is a key factor to ensure the success and adoption of online business-to-business (B2B) collaboration platforms. Our work proposes novel ways of stringing together game theoretic modeling, blockchain technology, and cryptographic techniques to build such a platform for B2B collaboration involving enterprise buyers and sellers who may be strategic. The B2B platform builds upon three ideas. The first is to use a permissioned blockchain with smart contracts as the technical infrastructure for building the platform. Second, the above smart contracts implement deep business logic which is derived using a rigorous analysis of a repeated game model of the strategic interactions between buyers and sellers to devise strategies to induce honest behavior from buyers and sellers. Third, we present a formal framework that captures the essential requirements for secure and private B2B collaboration, and, in this direction, we develop cryptographic regulation protocols that, in conjunction with the blockchain, help implement such a framework. We believe our work is an important first step in the direction of building a platform that enables B2B collaboration among strategic and competitive agents while maximizing social welfare and addressing the privacy concerns of the agents.