Dynamic distributed iterative computational model for payment information management in shared logistics using blockchain-assisted Internet of Things approach

【Author】 Yang, Juanjuan; Sivaparthipan, C. B.; Muthu, BalaAnand

【Source】SOFT COMPUTING

【影响因子】3.732

【Abstract】Over the last several years, payment information management using blockchain technology has generated great interest and development. Companies and authorities may exchange state information in real-time concerning logistics. Whenever a stakeholder changes the state of one or more items, like offloading a container from a vessel, anyone who has access will know this immediately. Nowadays, edge computing becomes more and more attractive to offload the blockchain-enabled Internet of Things (IoT). Here, Computation resources trade inevitably takes place in edge-assisted IoT, which is more useful in shared logistic management. Cold start and long return are some of the main problems of successful trading of computing resources. Due to rising cost and emissions compliance with national and international rules, stakeholders have maximized their resources and integrated shipments. Dynamic distributed iterative computational model is presented to solve these issues. This helped in fast computing assets in shared logistic trading for edge-assisted blockchain-based IoT. Therefore, fast payment and daily transactions in IoT nodes can be made by creating resource coins based on the loan values of other IoT nodes. Broker implements special loan price rules to support borrowers and creditors in shared logistics. The hidden information could then be retrieved to achieve the optimum distribution of capital and loan estimate. The proposed algorithm can improve economic performance while protecting privacy for shared logistics payment management. The results showed the proposed algorithm could improve shared logistic security effectively compared to existing models in terms of performance ratio, user satisfaction ratio, repayment ability, etc.

【Keywords】Edge-assisted IoT; Payment; Loan allocation; Blockchain; Shared logistics; Ledger; Borrower

【发表时间】2021 SEP

【收录时间】2022-01-02

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