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Fbereum: A Novel Distributed Ledger Technology System

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Smart Computing and Communication (SmartCom 2022)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 13828))

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Abstract

Over the past several years, due to the progression toward data-driven scientific disciplines, the field of Big Data has gained significant importance. These developments pose certain challenges in the area of efficient, effective, and secure management and transmission of digital information. This paper presents and evaluates a novel Distributed Ledger Technology (DLT) system, Fibereum, in a variety of use-cases, including a DLT-based system for Big Data exchange, as well as the fungible and non-fungible exchange of artwork, goods, commodities, and digital currency. Fibereum’s innovations include the application of non-linear data structures and a new concept of Lazy Verification. We demonstrate the benefits of these novel features for DLT system applications’ cost performance and their added resilience towards cyber-attacks via the consideration of several use cases.

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Notes

  1. 1.

    A PoET consensus mechanism may be employed to reduce operation complexity and energy consumption and improve counterattack capabilities.

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Acknowledgment

This material is based in part upon work supported by the Department of Homeland Security grants TXST83938 and E2055778 and by the National Science Foundation under Grant CNS-2018611 and CNS-1920182.

Author information

Authors and Affiliations

  1. Dulles High School, Sugar Land, Texas, USA

    Dylan Yu

  2. Westwood High School, Austin, Texas, USA

    Ethan Yang

  3. St. Stephen’s Episcopal School, Austin, Texas, USA

    Alissa Shen

  4. Texas State University, San Marcos, Texas, USA

    Dan Tamir

  5. Florida International University, Miami, FL, USA

    Naphtali Rishe

Authors
  1. Dylan Yu
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  2. Ethan Yang
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  3. Alissa Shen
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  4. Dan Tamir
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  5. Naphtali Rishe
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Corresponding author

Correspondence to Dan Tamir .

Editor information

Editors and Affiliations

  1. Dakota State University, Madison, SD, USA

    Meikang Qiu

  2. Fudan University, Shanghai, China

    Zhihui Lu

  3. Ibaraki University, Ibaraki, Japan

    Cheng Zhang

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Yu, D., Yang, E., Shen, A., Tamir, D., Rishe, N. (2023). Fbereum: A Novel Distributed Ledger Technology System. In: Qiu, M., Lu, Z., Zhang, C. (eds) Smart Computing and Communication. SmartCom 2022. Lecture Notes in Computer Science, vol 13828. Springer, Cham. https://doi.org/10.1007/978-3-031-28124-2_64

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  • DOI: https://doi.org/10.1007/978-3-031-28124-2_64

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-28123-5

  • Online ISBN: 978-3-031-28124-2

  • eBook Packages: Computer ScienceComputer Science (R0)

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