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dc.contributor.authorKabi, Oliver R.
dc.contributor.authorFranqueira, Virginia N. L.
dc.date.accessioned2019-01-08T17:00:22Z
dc.date.available2019-01-08T17:00:22Z
dc.date.issued2019-01-03
dc.identifier.citationKabi, O.R., and Franqueira, V.N.L., (2019) ‘Lockchain-Based Distributed Marketplace’ in Abramowicz W., and Paschke A., (eds) Business Information Systems Workshops. BIS 2018. Lecture Notes in Business Information Processing, vol 339, pp. 197-210. Springer.en
dc.identifier.isbn978-3-030-04848-8
dc.identifier.doi10.1007/978-3-030-04849-5_17
dc.identifier.urihttp://hdl.handle.net/10545/623264
dc.description.abstractDevelopments in Blockchain technology have enabled the creation of smart contracts; i.e., self-executing code that is stored and executed on the Blockchain. This has led to the creation of distributed, decentralised applications, along with frameworks for developing and deploying them easily. This paper describes a proof-of-concept system that implements a distributed online marketplace using the Ethereum framework, where buyers and sellers can engage in e-commerce transactions without the need of a large central entity coordinating the process. The performance of the system was measured in terms of cost of use through the concept of ‘gas usage’. It was determined that such costs are significantly less than that of Amazon and eBay for high volume users. The findings generally support the ability to use Ethereum to create a distributed on-chain market, however, there are still areas that require further research and development.
dc.description.sponsorshipN/Aen
dc.language.isoenen
dc.publisherSpringer Natureen
dc.relation.ispartofseriesLNBIP 339en
dc.relation.urlhttps://link.springer.com/content/pdf/10.1007%2F978-3-030-04849-5_17.pdfen
dc.subjectBlockchainen
dc.subjectSmart contracten
dc.subjectEthereumen
dc.subjectE-commerceen
dc.subjectDistributed systemsen
dc.titleBlockchain-Based Distributed Marketplace.en
dc.typeBook chapteren
dc.contributor.departmentUniversity of Derbyen
dc.identifier.journalProceedings of the BIS 2018 International Workshopsen
refterms.dateFOA2019-02-28T18:02:29Z
html.description.abstractDevelopments in Blockchain technology have enabled the creation of smart contracts; i.e., self-executing code that is stored and executed on the Blockchain. This has led to the creation of distributed, decentralised applications, along with frameworks for developing and deploying them easily. This paper describes a proof-of-concept system that implements a distributed online marketplace using the Ethereum framework, where buyers and sellers can engage in e-commerce transactions without the need of a large central entity coordinating the process. The performance of the system was measured in terms of cost of use through the concept of ‘gas usage’. It was determined that such costs are significantly less than that of Amazon and eBay for high volume users. The findings generally support the ability to use Ethereum to create a distributed on-chain market, however, there are still areas that require further research and development.


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