Rep on the block: a next generation reputation system based on the blockchain

Richard Dennis, Gareth Huw Owenson

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

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Abstract

This paper presents the first generalized reputation system that can be applied to multiple networks that is based on the blockchain. We first discuss current reputation systems, conducting a critical analysis of their current security vulnerabilities, before looking at how new blockchain based technologies are used. We propose an innovative new reputation system that is based on blockchain technologies which aims to solve many unanswered questions in today's current generation reputation systems. We then consider the limitations of such a system, before using simulations and analyses to demonstrate methods of overcoming these limitations. We conclude by suggesting areas for future studies, and summarizing our findings.
Original languageEnglish
Title of host publicationProceedings of the 10th International Conference for Internet Technology and Secured Transactions (ICITST)
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages131-138
Number of pages8
ISBN (Print)978-1908320520
DOIs
Publication statusPublished - 25 Feb 2016
Event10th International Conference for Internet Technology and Secured Transactions - London, United Kingdom
Duration: 14 Dec 201516 Dec 2015

Conference

Conference10th International Conference for Internet Technology and Secured Transactions
Abbreviated titleICITST 2015
Country/TerritoryUnited Kingdom
CityLondon
Period14/12/1516/12/15

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