TY - JOUR
T1 - Blockchain-Based On-Demand Computing Resource Trading in IoV-Assisted Smart City
AU - Lin, Xi
AU - Wu, Jun
AU - Mumtaz, Shahid
AU - Garg, Sahil
AU - Li, Jianhua
AU - Guizani, Mohsen
N1 - Funding Information:
This work was supported by the National Natural Science Foundation of China Under Grant 61972255.
Publisher Copyright:
© 2013 IEEE.
PY - 2021
Y1 - 2021
N2 - In a smart city, Mobile Edge Computing (MEC) are generally deployed in static fashion in base stations (BSs). While moving vehicles with advanced on-board equipment can be regarded as dynamic computing resource transporters ignoring geographical limitations. Thus Internet of Vehicle (IoV) could assist the smart city to achieve flexible computing resource demand response (DR) via paid sharing the idle vehicle computing resources. Motivated by this, we propose a Peer-to-Peer (P2P) computing resource trading system to balance computing resource spatio-temporal dynamic demands in IoV-assisted smart city. On one hand, to guarantee transaction security and privacy-preserving in our system, we employ a consortium blockchain approach and demonstrate the process of secure computing resource trading without involving a centralized trusted third-party. On the other hand, to encourage individual smart vehicles to participate in our system, we construct a two-stage Stackelberg game jointly optimizing the utilities of buyers and sellers. And we also derive the optimal computing pricing and trading amount strategies in this proposed game. Finally, security analysis shows the security performance of our system and numerical simulations show that our strategies can encourage the collaboration between the buyer and smart vehicles.
AB - In a smart city, Mobile Edge Computing (MEC) are generally deployed in static fashion in base stations (BSs). While moving vehicles with advanced on-board equipment can be regarded as dynamic computing resource transporters ignoring geographical limitations. Thus Internet of Vehicle (IoV) could assist the smart city to achieve flexible computing resource demand response (DR) via paid sharing the idle vehicle computing resources. Motivated by this, we propose a Peer-to-Peer (P2P) computing resource trading system to balance computing resource spatio-temporal dynamic demands in IoV-assisted smart city. On one hand, to guarantee transaction security and privacy-preserving in our system, we employ a consortium blockchain approach and demonstrate the process of secure computing resource trading without involving a centralized trusted third-party. On the other hand, to encourage individual smart vehicles to participate in our system, we construct a two-stage Stackelberg game jointly optimizing the utilities of buyers and sellers. And we also derive the optimal computing pricing and trading amount strategies in this proposed game. Finally, security analysis shows the security performance of our system and numerical simulations show that our strategies can encourage the collaboration between the buyer and smart vehicles.
KW - Consortium blockchain
KW - Internet of Vehicles
KW - mobile edge computing
KW - smart city
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U2 - 10.1109/TETC.2020.2971831
DO - 10.1109/TETC.2020.2971831
M3 - Article
AN - SCOPUS:85079063027
SN - 2168-6750
VL - 9
SP - 1373
EP - 1385
JO - IEEE Transactions on Emerging Topics in Computing
JF - IEEE Transactions on Emerging Topics in Computing
IS - 3
ER -