Creating value through blockchain powered resource configurations: Analysis of 5G network slice brokering case

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

    5 Citations (Scopus)

    Abstract

    The exponential growth of wireless services with diversity of devices and applications has inspired the research community to come up with novel concepts to improve the efficiency of resource use. It is cost efficient and practical to be able to evaluate and analyze expected value of use cases before actual implementation of the solution. This paper presents blockchain network slice brokering use case value analysis and results in the industrial automation application scenario. The use case value was assessed applying resource configuration framework against blockchain and smart contracts characteristics and capabilities. According to the findings, expected value of blockchain network slice brokering use case was proven and in general feasibility of blockchain technology for novel resource configurations use cases for various network functions was stated. The use case enables industrial automation processes and related manufacturing equipment to autonomously and dynamically acquire the slice needed for most efficient operations. The resource configuration framework provides a dynamic framework for analyzing and developing the blockchain enabled novel use cases and business models.

    Original languageEnglish
    Title of host publication2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018
    PublisherIEEE Institute of Electrical and Electronic Engineers
    Pages185-190
    Number of pages6
    ISBN (Electronic)978-1-5386-1154-8
    DOIs
    Publication statusPublished - 29 May 2018
    MoE publication typeA4 Article in a conference publication
    Event2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018 - Barcelona, Spain
    Duration: 15 Apr 201818 Apr 2018

    Conference

    Conference2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018
    CountrySpain
    CityBarcelona
    Period15/04/1818/04/18

    Fingerprint

    Automation
    Value engineering
    Costs
    Industry

    Keywords

    • 5G
    • Blockchain
    • Edge computing
    • Industrial automation
    • Network function virtualization
    • Network slicing
    • Resource configuration
    • System model

    Cite this

    Valtanen, K., Backman, J., & Yrjola, S. (2018). Creating value through blockchain powered resource configurations: Analysis of 5G network slice brokering case. In 2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018 (pp. 185-190). IEEE Institute of Electrical and Electronic Engineers . https://doi.org/10.1109/WCNCW.2018.8368983
    Valtanen, Kristiina ; Backman, Jere ; Yrjola, Seppo. / Creating value through blockchain powered resource configurations : Analysis of 5G network slice brokering case. 2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018. IEEE Institute of Electrical and Electronic Engineers , 2018. pp. 185-190
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    abstract = "The exponential growth of wireless services with diversity of devices and applications has inspired the research community to come up with novel concepts to improve the efficiency of resource use. It is cost efficient and practical to be able to evaluate and analyze expected value of use cases before actual implementation of the solution. This paper presents blockchain network slice brokering use case value analysis and results in the industrial automation application scenario. The use case value was assessed applying resource configuration framework against blockchain and smart contracts characteristics and capabilities. According to the findings, expected value of blockchain network slice brokering use case was proven and in general feasibility of blockchain technology for novel resource configurations use cases for various network functions was stated. The use case enables industrial automation processes and related manufacturing equipment to autonomously and dynamically acquire the slice needed for most efficient operations. The resource configuration framework provides a dynamic framework for analyzing and developing the blockchain enabled novel use cases and business models.",
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    Valtanen, K, Backman, J & Yrjola, S 2018, Creating value through blockchain powered resource configurations: Analysis of 5G network slice brokering case. in 2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018. IEEE Institute of Electrical and Electronic Engineers , pp. 185-190, 2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018, Barcelona, Spain, 15/04/18. https://doi.org/10.1109/WCNCW.2018.8368983

    Creating value through blockchain powered resource configurations : Analysis of 5G network slice brokering case. / Valtanen, Kristiina; Backman, Jere; Yrjola, Seppo.

    2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018. IEEE Institute of Electrical and Electronic Engineers , 2018. p. 185-190.

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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    Valtanen K, Backman J, Yrjola S. Creating value through blockchain powered resource configurations: Analysis of 5G network slice brokering case. In 2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018. IEEE Institute of Electrical and Electronic Engineers . 2018. p. 185-190 https://doi.org/10.1109/WCNCW.2018.8368983