Auction-Based Resource Allocation Using a Layer-2 Blockchain
This paper proposes a decentralized solution based on a layer-2 blockchain for the allocation of virtualized resources. Our solution encompasses an auction strategy to decide which InP should be responsible for fulfilling a user’s service request. The results of the performance evaluation show that the auction strategy benefits both the user, who can pay a lower price, and the provider that made the lowest bid, who can have more chances to offer a service, in comparison to a market search strategy. In addition, the use of layer-2 achieves promising results in terms of the scalability of the solution when dealing with auctions with up to 400 participants.
Authors
- Paulo F. Pires (ORCID: https://orcid.org/0000-0001-5064-4793)
- Thiago Pereira da Silva (ORCID: https://orcid.org/0000-0002-3353-053X)
- Thaı́s Batista (ORCID: https://orcid.org/0000-0003-3558-1450)
- Evandro L. C. Macedo (ORCID: https://orcid.org/0000-0001-5430-2168)
- Antônio A. de A. Rocha (ORCID: https://orcid.org/0000-0001-9314-4035)
- Rui M. Lima (ORCID: https://orcid.org/0000-0002-7991-0132)
- Flávia C. Delicato (ORCID: https://orcid.org/0000-0001-5334-8279)
Institutions
- Universidade Federal do Rio de Janeiro (BR)
- Universidade Federal Fluminense (BR)
- Universidade Federal do Rio Grande do Norte (BR)
Publication Details
- Published
- 2024-11-26
- DOI
- https://doi.org/10.1109/bcca62388.2024.10844476
- Citations
- 2
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 1.56
Funders
- EMC