Proxy-based Open-Zeppelin Mechanism with Consensus Algorithms for Art Trading System

Blockchain is one of the most revolutionized technologies in worldwide industry to generate a reliable association in multi-party business networks such as the Art Trading (AT) industry. However, art trading system applications with blockchain functions such as Consensus Algorithms (CA) face an initialization issue and counterfeiting problems. In this paper, to overcome the initialization issue in smart contracts, Proxy-based Open-Zeppelin Mechanism with Consensus Algorithms for Art Trading (POZM-CA-AT) is used. Then, product authentication with Quick Response (QR) code is used along with proxy contracts to reduce the counterfeiting problems. Initially, frontend and backend stages are developed with java language with various features. Here, the front-end consists of overall information of a consumer including registration, login and other artwork information. While, the artwork management and transaction management such as balance, transfer, withdrawals are done in the back-end. After that, the information is converted into tokens with the help of tokenization and then, blockchain functions such as smart contracts and POZM-CA-AT are implemented to the application to achieve security, privacy and confidentiality. From the analysis, the proposed POZM-CA-AT application executed 100 transactions in 15 sec which is better than existing AT applications.