Presentation 2021-03-05
Experimental performance evaluation on avoidance of blockchain oracle problem using collective intelligence
Yutaka Kato, Akihiro Fujihara,
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Abstract(in Japanese) (See Japanese page)
Abstract(in English) Bitcoin-type blockchains have a problem called oracle problem, where blockchains themselves cannot prove the authenticity of external data, and must rely on single external source of information. In this study, we examine how to utilize collective intelligence as a workaround for this problem. We propose a method for multiple verification of equivalent information sent by multiple nodes using the principle of majority voting to sift out the truth of the information. By implementing the proposed method, we also conducted a performance evaluation experiment assuming a scenario of sending erroneous information, such as a sensor failure, in some IoT nodes. As a result, we confirmed that when 45% or less IoT nodes send the erroneous information, it can be automatically eliminated with almost 100% probability.
Keyword(in Japanese) (See Japanese page)
Keyword(in English) Blockchain / Oracle / Collective intelligence / IoT
Paper # IN2020-74
Date of Issue 2021-02-25 (IN)

Conference Information
Committee IN / NS
Conference Date 2021/3/4(2days)
Place (in Japanese) (See Japanese page)
Place (in English) Online
Topics (in Japanese) (See Japanese page)
Topics (in English) General
Chair Kenji Ishida(Hiroshima City Univ.) / Akihiro Nakao(Univ. of Tokyo)
Vice Chair Kunio Hato(Internet Multifeed) / Tetsuya Oishi(NTT)
Secretary Kunio Hato(Hiroshima City Univ.) / Tetsuya Oishi(KDDI Research)
Assistant / Shinya Kawano(NTT)

Paper Information
Registration To Technical Committee on Information Networks / Technical Committee on Network Systems
Language JPN
Title (in Japanese) (See Japanese page)
Sub Title (in Japanese) (See Japanese page)
Title (in English) Experimental performance evaluation on avoidance of blockchain oracle problem using collective intelligence
Sub Title (in English)
Keyword(1) Blockchain
Keyword(2) Oracle
Keyword(3) Collective intelligence
Keyword(4) IoT
1st Author's Name Yutaka Kato
1st Author's Affiliation Chiba Institute of Technology(CIT)
2nd Author's Name Akihiro Fujihara
2nd Author's Affiliation Chiba Institute of Technology(CIT)
Date 2021-03-05
Paper # IN2020-74
Volume (vol) vol.120
Number (no) IN-414
Page pp.pp.120-125(IN),
#Pages 6
Date of Issue 2021-02-25 (IN)