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Proposal of a Token-Based Node Selection Mechanism for Node Distribution of Mobility IoT Blockchain Nodes
Jinsu Kim1, Eunsun Choi2, Byung-Gyu Kim3
1Department of Convergence Information Security, Graduate School, Jeju National University, Jeju 63243, Republic of Korea.
New token-based systems ease public blockchain requirements for shared mobility services. This approach enhances data reliability and prevents centralization by assigning block creation authority via tokens, not resource-intensive mining.
Area of Science:
- Mobility Services
- Blockchain Technology
- Internet of Things (IoT)
Background:
- The proliferation of shared mobility services, driven by IoT advancements and evolving business models, necessitates reliable data aggregation.
- Current public blockchain systems face performance challenges due to intensive mining processes for state updates.
Purpose of the Study:
- To propose a novel mechanism for enhancing data reliability in next-generation mobility services.
- To alleviate the high-performance demands of public blockchains for mobility data management.
Main Methods:
- Implemented a token-based block creation authority system, replacing traditional mining.
- Granted block creation rights to nodes possessing tokens, with tokens dynamically updated and redistributed.
- Ensured token integrity through continuous updates within each block.
Main Results:
- Successfully eased the mining process for state updates in public blockchains.
- Enabled block creation by a select group of token-holding participants.
- Prevented resource-centered centralization by managing token distribution.
Conclusions:
- The token-based mechanism effectively addresses the performance bottlenecks of public blockchains in shared mobility contexts.
- This system enhances data reliability and promotes a more decentralized network structure.
- The approach facilitates the secure and efficient management of data for next-generation mobility services.
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