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Title: Fibereum: A Novel Distributed Ledger Technology System
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.  more » « less
Award ID(s):
1920182
PAR ID:
10541691
Author(s) / Creator(s):
; ; ; ;
Publisher / Repository:
Smart Computing and Communication, Springer Nature
Date Published:
Page Range / eLocation ID:
669 - 684
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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