MIN-DAS: The Digital Asset System Based on MIN Architecture
In this paper, we propose an innovative digital asset system based on the MIN (MIN-DAS), which integrates PPoV consortium blockchain technology along with NFT identifiers, achieving the rights confirmation, decentralization, and high security for digital asset trading. We first deployed the MIN-DAS within the high-security MIN network and designed a built-in MIN-VPN security tunnel, enabling end-to-end communication encryption, thereby significantly bolstering transaction security. Subsequently, we adopted the PPoV consortium blockchain as the core processing engine, greatly increasing the speed of transaction processing to accommodate large-scale transaction demands. Moreover, MIN-DAS supports stablecoin transactions, effectively mitigating risks stemming from cryptocurrency market fluctuations. MIN-DAS provides a secure and efficient solution for digital asset trading. Our experimental findings reveal that, compared to existing traditional digital asset platforms, MIN-DAS demonstrates significant superiority in both performance and security.
Authors
- Yimin Yu (ORCID: https://orcid.org/0000-0002-4219-8479)
- Kedan Li (ORCID: https://orcid.org/0000-0002-9262-6048)
- Rui Chen (ORCID: https://orcid.org/0000-0002-3167-4791)
- Hui Li (ORCID: https://orcid.org/0009-0003-2918-208X)
- W.S. Li (ORCID: https://orcid.org/0000-0002-3553-5684)
- Shao Kaili
Institutions
- University of Illinois Urbana-Champaign (US)
- Peking University Shenzhen Hospital (CN)
- Yunnan University of Finance And Economics (CN)
- Huanghe Science and Technology College (CN)
Publication Details
- Published
- 2024-12-27
- DOI
- https://doi.org/10.1109/icctit64404.2024.10928563
- Primary Topic
- Advanced Data Storage Technologies
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Peking University
- Shenzhen Fundamental Research Program