Proof of Provision: Improving Blockchain Technology by Cloud Computing

Matthias Pohl, Abdulrahman Nahhas, Sascha Bosse, Klaus Turowski

2019

Abstract

Blockchain technology is mainly used in so-called cryptocurrencies and smart contracts. From a technological point of view, securing these applications requires a lot of computing power, which results in high energy consumption. The reason for this is the proof of work algorithm integrated in most cases. In order to promote the problem of high energy consumption and the sustainable use of cloud computing resources, this paper presents a consensus concept for use in a blockchain. We also present the classifications for discussion and give an outlook on a future evaluation.

Paper Citation

in Harvard Style

Pohl M., Nahhas A., Bosse S. and Turowski K. (2019). Proof of Provision: Improving Blockchain Technology by Cloud Computing.In Proceedings of the 9th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER, ISBN 978-989-758-365-0, pages 523-527. DOI: 10.5220/0007765605230527

in Bibtex Style

@conference{closer19,
author={Matthias Pohl and Abdulrahman Nahhas and Sascha Bosse and Klaus Turowski},
title={Proof of Provision: Improving Blockchain Technology by Cloud Computing},
booktitle={Proceedings of the 9th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,},
year={2019},
pages={523-527},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007765605230527},
isbn={978-989-758-365-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 9th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,
TI - Proof of Provision: Improving Blockchain Technology by Cloud Computing
SN - 978-989-758-365-0
AU - Pohl M.
AU - Nahhas A.
AU - Bosse S.
AU - Turowski K.
PY - 2019
SP - 523
EP - 527
DO - 10.5220/0007765605230527