An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)
October 15, 2022 Β· Declared Dead Β· π IACR Cryptology ePrint Archive
"No code URL or promise found in abstract"
Evidence collected by the PWNC Scanner
Authors
Marwan Zeggari, Renaud Lambiotte, Aydin Abadi, Louise Axon, Mohamad Kassab
arXiv ID
2210.08372
Category
cs.GT: Game Theory
Cross-listed
cs.CR
Citations
2
Venue
IACR Cryptology ePrint Archive
Last Checked
4 months ago
Abstract
While online interactions and exchanges have grown exponentially over the past decade, most commercial infrastructures still operate through centralized protocols, and their success essentially depends on trust between different economic actors. Digital advances such as blockchain technology has led to a massive wave of \textit{Decentralized Ledger Technology} (\textit{DLT}) initiatives, protocols and solutions. This advance makes it possible to implement trustless systems in the real world, which, combined with appropriate economic and participatory incentives, would foster the proper functioning and drive the adoption of a decentralized platform among different actors. This paper describes an alternative to current commercial structures and networks by introducing \textit{Lyzis Labs}, which is is an incentive-driven and democratic protocol designed to support a decentralized online marketplace, based on blockchain technology. The proposal, \textit{Lyzis Marketplace}, allows to connect two or more people in a decentralized and secure way without having to rely on a \textit{Trusted Third Party} (\textit{TTP}) in order to perform physical asset exchanges while mainly providing transparent and fully protected data storage. This approach can potentially lead to the creation of a permissionless, efficient, secure and transparent business environment where each user can gain purchasing and decision-making power by supporting the collective welfare while following their personal interests during their various interactions on the network.
Community Contributions
Found the code? Know the venue? Think something is wrong? Let us know!
π Similar Papers
In the same crypt β Game Theory
R.I.P.
π»
Ghosted
R.I.P.
π»
Ghosted
A Motivational Game-Theoretic Approach for Peer-to-Peer Energy Trading in the Smart Grid
R.I.P.
π»
Ghosted
Computing Resource Allocation in Three-Tier IoT Fog Networks: a Joint Optimization Approach Combining Stackelberg Game and Matching
R.I.P.
π»
Ghosted
Fast Convergence of Regularized Learning in Games
R.I.P.
π»
Ghosted
Computation Peer Offloading for Energy-Constrained Mobile Edge Computing in Small-Cell Networks
R.I.P.
π»
Ghosted
Blockchain Mining Games
Died the same way β π» Ghosted
R.I.P.
π»
Ghosted
Federated Learning: Strategies for Improving Communication Efficiency
R.I.P.
π»
Ghosted
In-Datacenter Performance Analysis of a Tensor Processing Unit
R.I.P.
π»
Ghosted
Deep Convolutional Neural Networks for Computer-Aided Detection: CNN Architectures, Dataset Characteristics and Transfer Learning
R.I.P.
π»
Ghosted