A new approach to mining work in blockchain technologies

Yuki Kano, Tatsuo Nakajima

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    In virtual currency using the blockchain technology that has drawn significant attention in recent years, the mining work concentration problem, whereby machine power is monopolized when supporting its operation, is becoming a serious problem. In particular, with the use of blockchain technology in future advanced mobile computing environments, the problem becomes more serious. In this paper, to solve the problem, we developed a simple virtual currency service that allows a user to operate the service by giving the user a new incentive based on gamification, not traditional economic incentives. We conducted experiments that show the feasibility of adopting the alternative incentive. The experiments also allowed us to extract some insights regarding the use of blockchain technology in future advanced mobile computing environments as an essential building block for developing future digital services.

    Original languageEnglish
    Title of host publication15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017 - Proceedings
    PublisherAssociation for Computing Machinery
    Pages107-114
    Number of pages8
    VolumePart F133807
    ISBN (Electronic)9781450353007
    DOIs
    Publication statusPublished - 2017 Dec 4
    Event15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017 - Salzburg, Austria
    Duration: 2017 Dec 42017 Dec 6

    Other

    Other15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017
    CountryAustria
    CitySalzburg
    Period17/12/417/12/6

    Keywords

    • Cryptcurrency
    • Gamification
    • Human Crowd's Power
    • Mining work centralization

    ASJC Scopus subject areas

    • Human-Computer Interaction
    • Computer Networks and Communications
    • Computer Vision and Pattern Recognition
    • Software

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  • Cite this

    Kano, Y., & Nakajima, T. (2017). A new approach to mining work in blockchain technologies. In 15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017 - Proceedings (Vol. Part F133807, pp. 107-114). Association for Computing Machinery. https://doi.org/10.1145/3151848.3151851