{"title":"A Unique Approach for Performance Analysis of a Blockchain and Cryptocurrency based Carbon Footprint Reduction System","authors":"Ankit Panch, Dr. Om Prakash Sharma","doi":"10.3233/web-220049","DOIUrl":null,"url":null,"abstract":"Blockchain technology is commonly used as a replicated and distributed database in different areas. In this paper, a smart home blockchain network connects smart homes through smart devices for reducing carbon footprint and thereby earning bitcoin value in the network. The network is composed of different smart homes interconnected with smart devices. The user makes a transaction request through the network layer and matches the user’s activity with the reward table located at the incentive layer to estimate the bitcoin value. Furthermore, the miner verifies the transaction and sends the bitcoin value to the user, and adds the respective block to the network structure. The optimal parameter used to estimate the bitcoin value is computed using the proposed Improved Invasive Weed Mayfly Optimization (IIWMO) algorithm. The developed method attained higher performance with the metrics, like coins earned, Annual Carbon Reduction (ACR), and fitness as 0.00357BTC, 23.891, and 0.6618 for 200 users. For 200 users the fitness obtained by the proposed method is 14.41%, 16.68%, and 11.68% higher when compared to existing approaches namely, Without optimization, IIWO, and MA, respectively.","PeriodicalId":42775,"journal":{"name":"Web Intelligence","volume":null,"pages":null},"PeriodicalIF":0.2000,"publicationDate":"2023-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Web Intelligence","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3233/web-220049","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"COMPUTER SCIENCE, ARTIFICIAL INTELLIGENCE","Score":null,"Total":0}
引用次数: 0
Abstract
Blockchain technology is commonly used as a replicated and distributed database in different areas. In this paper, a smart home blockchain network connects smart homes through smart devices for reducing carbon footprint and thereby earning bitcoin value in the network. The network is composed of different smart homes interconnected with smart devices. The user makes a transaction request through the network layer and matches the user’s activity with the reward table located at the incentive layer to estimate the bitcoin value. Furthermore, the miner verifies the transaction and sends the bitcoin value to the user, and adds the respective block to the network structure. The optimal parameter used to estimate the bitcoin value is computed using the proposed Improved Invasive Weed Mayfly Optimization (IIWMO) algorithm. The developed method attained higher performance with the metrics, like coins earned, Annual Carbon Reduction (ACR), and fitness as 0.00357BTC, 23.891, and 0.6618 for 200 users. For 200 users the fitness obtained by the proposed method is 14.41%, 16.68%, and 11.68% higher when compared to existing approaches namely, Without optimization, IIWO, and MA, respectively.
期刊介绍:
Web Intelligence (WI) is an official journal of the Web Intelligence Consortium (WIC), an international organization dedicated to promoting collaborative scientific research and industrial development in the era of Web intelligence. WI seeks to collaborate with major societies and international conferences in the field. WI is a peer-reviewed journal, which publishes four issues a year, in both online and print form. WI aims to achieve a multi-disciplinary balance between research advances in theories and methods usually associated with Collective Intelligence, Data Science, Human-Centric Computing, Knowledge Management, and Network Science. It is committed to publishing research that both deepen the understanding of computational, logical, cognitive, physical, and social foundations of the future Web, and enable the development and application of technologies based on Web intelligence. The journal features high-quality, original research papers (including state-of-the-art reviews), brief papers, and letters in all theoretical and technology areas that make up the field of WI. The papers should clearly focus on some of the following areas of interest: a. Collective Intelligence[...] b. Data Science[...] c. Human-Centric Computing[...] d. Knowledge Management[...] e. Network Science[...]