3536373839404138 of 76
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Approaching Non-Disruptive Distributed Ledger Technologies via the Exchange Network Architecture
Luleå University of Technology, Department of Computer Science, Electrical and Space Engineering, Embedded Internet Systems Lab.ORCID iD: 0000-0002-9865-8753
Luleå University of Technology, Department of Computer Science, Electrical and Space Engineering, Computer Science.
Luleå University of Technology, Department of Computer Science, Electrical and Space Engineering, Computer Science.ORCID iD: 0000-0002-4031-2872
2020 (English)In: IEEE Access, E-ISSN 2169-3536, Vol. 8, p. 12379-12393Article in journal (Refereed) Published
Abstract [en]

The rise of distributed ledger technologies, such as R3 Corda, Hyperledger Fabric and Ethereum, has lead to a surge of interest in digitalizing different forms of contractual cooperation. By allowing for ledgers of collaboration-critical data to be reliably maintained between stakeholders without intermediaries, these solutions might enable unprecedented degrees of automation across organizational boundaries, which could have major implications for supply chain integration, medical journal sharing and many other use cases. However, these technologies tend to break with prevailing business practices by relying on code-as-contracts and distributed consensus algorithms , which can impose disruptive requirements on contract language, cooperation governance and interaction privacy. In this paper, we show how our Exchange Network architecture could be applied to avoid these disruptors. To be able to reason about the adequacy of our architecture, we present six requirements for effective contractual collaboration, which notably includes negotiable terms and effective adjudication . After outlining the architecture and our implementation of it, we describe how the latter meets our requirements by facilitating (1) negotiation, (2) user registries, (3) ownership ledgers and (4) definition sharing, as well as by only replicating ledgers between stakeholder pairs. To show how our approach compares to other solutions, we also consider how Corda, Fabric and Ethereum meet our requirements. We conclude that digital negotiation and ownership could replace many proposed uses of code-as-contracts for better compatibility with current contractual practices, as well as noting that distributed consensus algorithms are not mandatory for digital cooperation.

Place, publisher, year, edition, pages
IEEE, 2020. Vol. 8, p. 12379-12393
Keywords [en]
Digital negotiation, digital cooperation, digital contracts, smart contracts, distributed ledger technology, blockchain, distributed consensus algorithms, business integration, digitalization
National Category
Computer Systems Other Electrical Engineering, Electronic Engineering, Information Engineering Media and Communication Technology
Research subject
Electronic systems; Pervasive Mobile Computing
Identifiers
URN: urn:nbn:se:ltu:diva-77616DOI: 10.1109/ACCESS.2020.2964220OAI: oai:DiVA.org:ltu-77616DiVA, id: diva2:1390759
Projects
Productive 4.0
Note

Validerad;2020;Nivå 2;2020-02-04 (johcin)

Available from: 2020-02-03 Created: 2020-02-03 Last updated: 2020-02-04Bibliographically approved

Open Access in DiVA

fulltext(6487 kB)7 downloads
File information
File name FULLTEXT01.pdfFile size 6487 kBChecksum SHA-512
423b43c851ea2e84d569eeffa7f011de5fc08d1d644f99fd3e7e33c3772e938646551b1127b0c35ba88911f8629d8162014042e455b5f46b60daa405ca773ebf
Type fulltextMimetype application/pdf

Other links

Publisher's full text

Authority records BETA

Palm, EmanuelBodin, UlfSchelén, Olov

Search in DiVA

By author/editor
Palm, EmanuelBodin, UlfSchelén, Olov
By organisation
Embedded Internet Systems LabComputer Science
In the same journal
IEEE Access
Computer SystemsOther Electrical Engineering, Electronic Engineering, Information EngineeringMedia and Communication Technology

Search outside of DiVA

GoogleGoogle Scholar
Total: 7 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 34 hits
3536373839404138 of 76
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf