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Application of Blockchain Technology in Dynamic Resource Management of Next Generation Networks

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Department of Industrial Design and Production Engineering, University of West Attica, 122 43 Attica, Greece
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Department of Electrical and Electronics Engineering, University of West Attica, 122 43 Attica, Greece
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Department of Information and Computer Engineering, University of West Attica, 122 43 Attica, Greece
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Author to whom correspondence should be addressed.
Information 2020, 11(12), 570; https://doi.org/10.3390/info11120570
Received: 30 October 2020 / Revised: 3 December 2020 / Accepted: 5 December 2020 / Published: 6 December 2020
With the advent of Software Defined Networking (SDN) and Network Function Virtualization (NFV) technologies, the networking infrastructures are becoming increasingly agile in their attempts to offer the quality of services needed by the users, maximizing the efficiency of infrastructure utilization. This in essence mandates the statistical multiplexing of demands across the infrastructures of different Network Providers (NPs), which would allow them to cope with the increasing demand, upgrading their infrastructures at a slower pace. However, to enjoy the benefits of statistical multiplexing, a trusted authority to govern it would be required. At the same time, blockchain technology aspires to offer a solid advantage in such untrusted environments, enabling the development of decentralized solutions that ensure the integrity and immutability of the information stored in the digital ledger. To this end, in this paper, we propose a blockchain-based solution that allows NPs to trade their (processing and networking) resources. We implemented the solution in a test-bed deployed on the cloud and we present the gathered performance results, showing that a blockchain-based solution is feasible and appropriate. We also discuss further improvements and challenges. View Full-Text
Keywords: blockchain; distributed ledger technologies; resource management; software defined networks; next generation networks; 5G blockchain; distributed ledger technologies; resource management; software defined networks; next generation networks; 5G
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MDPI and ACS Style

Xevgenis, M.; Kogias, D.G.; Karkazis, P.; Leligou, H.C.; Patrikakis, C. Application of Blockchain Technology in Dynamic Resource Management of Next Generation Networks. Information 2020, 11, 570. https://doi.org/10.3390/info11120570

AMA Style

Xevgenis M, Kogias DG, Karkazis P, Leligou HC, Patrikakis C. Application of Blockchain Technology in Dynamic Resource Management of Next Generation Networks. Information. 2020; 11(12):570. https://doi.org/10.3390/info11120570

Chicago/Turabian Style

Xevgenis, Michael, Dimitrios G. Kogias, Panagiotis Karkazis, Helen C. Leligou, and Charalampos Patrikakis. 2020. "Application of Blockchain Technology in Dynamic Resource Management of Next Generation Networks" Information 11, no. 12: 570. https://doi.org/10.3390/info11120570

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