A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)
This paper is the first part of the Proof of Meet (PoM) work. This part focuses on the need for the model and its system (roughly) rather than giving technical details. In the second part, full technical details and architecture of the model will be discussed. The model focuses on consensus-based sh...
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| Format: | Article |
| Language: | English |
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Naim Çağman
2020-09-01
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| Series: | Journal of New Theory |
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| Online Access: | https://dergipark.org.tr/en/download/article-file/1110229 |
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| author | Selçuk Topal |
| author_facet | Selçuk Topal |
| author_sort | Selçuk Topal |
| collection | DOAJ |
| description | This paper is the first part of the Proof of Meet (PoM) work. This part focuses on the need for the model and its system (roughly) rather than giving technical details. In the second part, full technical details and architecture of the model will be discussed. The model focuses on consensus-based sharing (meeting) economy model. The sharing (meeting) describes the relationship between what is already somewhere and what goes there. The consensus is built on active clients (where the client can be anything capable of a change of location) on a social activity (location and action). There are two parts of clients; the first who/which go somewhere for a purpose (C_1) and the second who/which are regularly somewhere for a purpose (C_2). C_1 is in the domain of at least two clients and C_2 is in at least one. To build a decentralised blockchain with no energy-consuming, the paper proposes a consensus system, PoM, on the top of Proof of Stake (PoS) and Blockchain-Based Proof of Location (BBPL). The sharing economy model is one of the applications of the proposed blockchain model. The blockchain system called HOX is available to use very large area distributed ledger systems from a dynamic transportation system to dynamic big data. HOX is an instance of PoM application. Consequently, the proposed model provides the opportunity to record taxes, earn a fair share of labour and use blockchain actively in daily life within the legal framework. |
| format | Article |
| id | doaj-art-5c720c92087c4da4a65bf0d7b4d88660 |
| institution | DOAJ |
| issn | 2149-1402 |
| language | English |
| publishDate | 2020-09-01 |
| publisher | Naim Çağman |
| record_format | Article |
| series | Journal of New Theory |
| spelling | doaj-art-5c720c92087c4da4a65bf0d7b4d886602025-08-20T02:45:08ZengNaim ÇağmanJournal of New Theory2149-14022020-09-013211142425A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)Selçuk Topal0https://orcid.org/0000-0001-7074-2569BİTLİS EREN ÜNİVERSİTESİThis paper is the first part of the Proof of Meet (PoM) work. This part focuses on the need for the model and its system (roughly) rather than giving technical details. In the second part, full technical details and architecture of the model will be discussed. The model focuses on consensus-based sharing (meeting) economy model. The sharing (meeting) describes the relationship between what is already somewhere and what goes there. The consensus is built on active clients (where the client can be anything capable of a change of location) on a social activity (location and action). There are two parts of clients; the first who/which go somewhere for a purpose (C_1) and the second who/which are regularly somewhere for a purpose (C_2). C_1 is in the domain of at least two clients and C_2 is in at least one. To build a decentralised blockchain with no energy-consuming, the paper proposes a consensus system, PoM, on the top of Proof of Stake (PoS) and Blockchain-Based Proof of Location (BBPL). The sharing economy model is one of the applications of the proposed blockchain model. The blockchain system called HOX is available to use very large area distributed ledger systems from a dynamic transportation system to dynamic big data. HOX is an instance of PoM application. Consequently, the proposed model provides the opportunity to record taxes, earn a fair share of labour and use blockchain actively in daily life within the legal framework.https://dergipark.org.tr/en/download/article-file/1110229proof of meetproof of stakeblockchainconsensuslocation-based blockchaindynamic big data |
| spellingShingle | Selçuk Topal A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) Journal of New Theory proof of meet proof of stake blockchain consensus location-based blockchain dynamic big data |
| title | A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) |
| title_full | A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) |
| title_fullStr | A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) |
| title_full_unstemmed | A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) |
| title_short | A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) |
| title_sort | novel hybrid sharing economy based blokchain model proof of meet |
| topic | proof of meet proof of stake blockchain consensus location-based blockchain dynamic big data |
| url | https://dergipark.org.tr/en/download/article-file/1110229 |
| work_keys_str_mv | AT selcuktopal anovelhybridsharingeconomybasedblokchainmodelproofofmeet AT selcuktopal novelhybridsharingeconomybasedblokchainmodelproofofmeet |