학술논문

Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges
Document Type
Periodical
Source
IEEE Communications Surveys & Tutorials IEEE Commun. Surv. Tutorials Communications Surveys & Tutorials, IEEE. 25(1):497-537 Jan, 2023
Subject
Communication, Networking and Broadcast Technologies
Signal Processing and Analysis
Blockchains
Biological system modeling
Computational modeling
Technological innovation
FCC
Data models
Tutorials
Blockchain
auction models
decentralized applications
incentive mechanisms
Language
ISSN
1553-877X
2373-745X
Abstract
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.