Abstrakti
In recent years, information systems have not been largely evaluated by their operating costs, but mainly by their strategic benefit and competitive advantage. As blockchain-based decentralized applications become more commonplace, representing a shift towards fully consumption-based distributed computing, a new mode of thinking is required of developers, with meticulous attention to computational resource efficiency. This study improves on a blockchain application designed for conducting microtransactions of electricity in a nanogrid environment. By applying the design science research methodology, we improve the efficiency of the application’s smart contract by 11%, with further improvement opportunities identified. Despite the results, we find the efficiency remains inadequate for public Ethereum deployment. From the optimization process, we extrapolate a set of general guidelines for optimizing the efficiency of Ethereum smart contracts in any application.
Alkuperäiskieli | Englanti |
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Otsikko | Proceedings of 52nd Hawaii International Conference on System Sciences |
Alaotsikko | HICSS 2019 |
Kustantaja | Hawaii International Conference on System Sciences |
Sivut | 6875-6884 |
ISBN (elektroninen) | 978-0-9981331-2-6 |
Tila | Julkaistu - 8 tammik. 2019 |
OKM-julkaisutyyppi | A4 Artikkeli konferenssijulkaisussa |
Tapahtuma | Annual Hawaii International Conference on System Sciences - Grand Wailea, Yhdysvallat Kesto: 8 tammik. 2019 → 11 tammik. 2019 Konferenssinumero: 52 |
Conference
Conference | Annual Hawaii International Conference on System Sciences |
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Lyhennettä | HICSS |
Maa/Alue | Yhdysvallat |
Kaupunki | Grand Wailea |
Ajanjakso | 08/01/2019 → 11/01/2019 |