POSTER: BGPCoin: A Trustworthy Blockchain-based Resource Management Solution for BGP Security

Origin authentication is one of the most concentrated and advocated BGP security approach against IP prefix hijacking. However, the potential risk of centralized authority abuse and the fragile infrastructure may lead a sluggish deployment of such BGP security approach currently. We propose BGPCoin, a trustworthy blockchain-based Internet resource management solution which provides compliant resource allocations and revocations, and a reliable origin advertisement source. By means of a smart contract to perform and supervise resource assignments on the tamper-resistant Ethereum blockchain, BGPCoin yields significant benefits in the secure origin advertisement and the dependable infrastructure for object repository compared with RPKI. We demonstrate through an Ethereum prototype implementation that the deployment incentives and increased security are technically and economically viable.