Anonymous Blockchain-based System for Consortium

Abstract

Blockchain records transactions with various protection techniques against tampering. To meet the requirements on cooperation and anonymity of companies and organizations, researchers have developed a few solutions. Ring signature-based schemes allow multiple participants cooperatively to manage while preserving their individuals’ privacy. However, the solutions cannot work properly due to the increased computing complexity along with the expanded group size. In this article, we propose a Multi-center Anonymous Blockchain-based (MAB) system, with joint management for the consortium and privacy protection for the participants. To achieve that, we formalize the syntax used by the MAB system and present a general construction based on a modular design. By applying cryptographic primitives to each module, we instantiate our scheme with anonymity and decentralization. Furthermore, we carry out a comprehensive formal analysis of our exemplified scheme. A proof of concept simulation is provided to show the feasibility. The results demonstrate security and efficiency from both theoretical perspectives and practical perspectives.