Decentralized Edge Computing Resource Sharing Based on Blockchain Technology

Abstract

This paper proposes a novel approach to edge computing resource sharing leveraging blockchain technology. Traditional edge computing platforms often suffer from centralized control, leading to vulnerabilities and a suboptimal utilization of resources. This research introduces a decentralized system where edge computing resources are registered, shared, and traded through a blockchain-based platform. The core claim is that utilizing blockchain enhances the security and reliability of edge computing resource sharing. The proposed mechanism utilizes the distributed ledger technology inherent in blockchain to create a transparent and tamper-proof record of resource transactions. This ensures trust among participants and facilitates efficient resource allocation. The system's architecture incorporates key elements such as smart contracts for automated resource management and consensus mechanisms for validating transactions. This decentralized approach addresses the limitations of centralized models, offering a more robust and scalable solution for edge computing resource sharing. The research explores the potential of this system to improve resource utilization, reduce operational costs, and unlock new opportunities for edge computing applications. The efficacy of the system is examined through theoretical analysis and conceptual design, laying the groundwork for future implementation and experimentation.