TY - GEN
T1 - A new approach to mining work in blockchain technologies
AU - Kano, Yuki
AU - Nakajima, Tatsuo
N1 - Publisher Copyright:
© 2017 Association for Computing Machinery.
PY - 2017/12/4
Y1 - 2017/12/4
N2 - 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.
AB - 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.
KW - Cryptcurrency
KW - Gamification
KW - Human Crowd's Power
KW - Mining work centralization
UR - http://www.scopus.com/inward/record.url?scp=85041848140&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85041848140&partnerID=8YFLogxK
U2 - 10.1145/3151848.3151851
DO - 10.1145/3151848.3151851
M3 - Conference contribution
AN - SCOPUS:85041848140
T3 - ACM International Conference Proceeding Series
SP - 107
EP - 114
BT - 15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017 - Proceedings
A2 - Salvadori, Ivan Luiz
A2 - Haghighi, Pari Delir
A2 - Anderst-Kotsis, Gabriele
A2 - Pardede, Eric
A2 - Steinbauer, Matthias
A2 - Khalil, Ismail
PB - Association for Computing Machinery
T2 - 15th International Conference on Advances in Mobile Computing and Multimedia, MoMM 2017
Y2 - 4 December 2017 through 6 December 2017
ER -