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

Kristiina Valtanen; Jere Backman; Seppo Yrjola

doi:10.1109/WCNCW.2018.8368983

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

Kristiina Valtanen, Jere Backman, Seppo Yrjola

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

14 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 language	English
Title of host publication	2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018
Publisher	IEEE Institute of Electrical and Electronic Engineers
Pages	185-190
Number of pages	6
ISBN (Electronic)	978-1-5386-1154-8
DOIs	https://doi.org/10.1109/WCNCW.2018.8368983
Publication status	Published - 29 May 2018
MoE publication type	A4 Article in a conference publication
Event	2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018 - Barcelona, Spain Duration: 15 Apr 2018 → 18 Apr 2018

Conference

Conference	2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018
Country/Territory	Spain
City	Barcelona
Period	15/04/18 → 18/04/18

Keywords

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

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10.1109/WCNCW.2018.8368983

Cite this

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

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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author = "Kristiina Valtanen and Jere Backman and Seppo Yrjola",

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booktitle = "2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018",

publisher = "IEEE Institute of Electrical and Electronic Engineers",

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note = "2018 IEEE Wireless Communications and Networking Conference Workshops, WCNCW 2018 ; Conference date: 15-04-2018 Through 18-04-2018",

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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 proceeding › Conference article in proceedings › Scientific › peer-review

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AU - Backman, Jere

AU - Yrjola, Seppo

PY - 2018/5/29

Y1 - 2018/5/29

N2 - 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.

AB - 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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KW - Blockchain

KW - Edge computing

KW - Industrial automation

KW - Network function virtualization

KW - Network slicing

KW - Resource configuration

KW - System model

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

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Keywords

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