Bitrans: A bidirectional and trusted data transaction protocol based on the blockchain system

【Author】 Huang, Gen; Zou, Yi-bo; Chen, Shi; Xu, Yun

【Source】PEER-TO-PEER NETWORKING AND APPLICATIONS

【影响因子】3.488

【Abstract】With the development of blockchain technology, secure and reliable data storage can be provided. Therefore, data uplinks have become a new trend in recent years. However, how to achieve data value remains a problem in the implementation of data transactions. In order to address this problem, this article aimes to discuss a bidirectional and trusted transaction protocol between two different assets in the blockchain system (Bitrans). First, we used the characteristics of different assets, and designed data storage formats. Then, we divided the transaction process into three states to identify the stage of the transaction. Bitrans can be achieved by controlling the state of transactions with a new consensus algorithm based on Practical Byzantine Fault Tolerance (PBFT). Finally, Bitrans was implemented and validated using Hyperledger Fabric. Experiments confirmed that the exchange of different assets can be achieved without excessive computer resources with the above protocol.

【Keywords】Blockchain; Circulation; Exchange; Protocol

【发表时间】

【收录时间】2022-02-10

【文献类型】期刊

【主题类别】

区块链技术--