TokenNet: A Novel Tokenized Resource Marketplace for 6G Network Slicing

The transition from fifth-generation (5 G) to sixth-generation (6 G) networks is driving significant advancements in network slicing, fueled by the growing demand for next-generation applications and services. However, managing these advancements within the constraints of finite resources creates the opportunity for open resource marketplaces, which introduces technical and business challenges. To address these, we propose TokenNet, the first blockchain-based architecture that represents network resources as non-fungible tokens (NFTs) in the context of network slicing. TokenNet facilitates secure, decentralized resource trading, ownership traceability, and management, optimizing resource allocation through auctioning, brokering, and trust mechanisms. It offers more granular, flexible, and trustworthy control over network resources compared to existing state-of-the-art systems. Our prototype implementation demonstrates its effectiveness, outperforming baseline models in cost efficiency, reducing delays, and improving minting performance. These advantages position TokenNet as a promising solution for future network management.

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Publication Details

Journal
IEEE Transactions on Network Science and Engineering
Published
2025-01-01
DOI
https://doi.org/10.1109/tnse.2025.3574634
Citations
1
Primary Topic
Software-Defined Networks and 5G
Type
article
Field-Weighted Citation Impact
1.49
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article

TokenNet: A Novel Tokenized Resource Marketplace for 6G Network Slicing

An Braeken, Pawani Porambage, Nisita Weerasinghe, Mika Ylianttila et al.
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IEEE Transactions on Network Science and Engineering
Software-Defined Networks and 5G
1.49
article

TokenNet: A Novel Tokenized Resource Marketplace for 6G Network Slicing

An Braeken, Pawani Porambage, Nisita Weerasinghe, Mika Ylianttila, Madhusanka Liyanage
article en
1 citations

Abstract

The transition from fifth-generation (5 G) to sixth-generation (6 G) networks is driving significant advancements in network slicing, fueled by the growing demand for next-generation applications and services. However, managing these advancements within the constraints of finite resources creates the opportunity for open resource marketplaces, which introduces technical and business challenges. To address these, we propose TokenNet, the first blockchain-based architecture that represents network resources as non-fungible tokens (NFTs) in the context of network slicing. TokenNet facilitates secure, decentralized resource trading, ownership traceability, and management, optimizing resource allocation through auctioning, brokering, and trust mechanisms. It offers more granular, flexible, and trustworthy control over network resources compared to existing state-of-the-art systems. Our prototype implementation demonstrates its effectiveness, outperforming baseline models in cost efficiency, reducing delays, and improving minting performance. These advantages position TokenNet as a promising solution for future network management.

IEEE Transactions on Network Science and Engineering
University College Dublin (IE), Vrije Universiteit Brussel (BE), VTT Technical Research Centre of Finland (FI), University of Oulu (FI)
Openalex Percentile: Top 17%
Software-Defined Networks and 5G
1.49
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