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Sensor fusion is an important and crucial topic in many industrial applications. One of the challenging problems is to find an appropriate sensor combination for the dedicated application or to weight their information adequately. In our contribution, we focus on the application of the sensor fusion concept together with the reference to the distance-based learning for object classification purposes. The developed machine learning model has a bi-functional architecture, which learns on the one side the discrimination of the data regarding their classes and, on the other side, the importance of the single signals, i.e., the contribution of each sensor to the decision. We show that the resulting bi-functional model is interpretative, sparse, and simple to integrate in many standard artificial neural networks.
Decentralizing Smart Energy Markets - tamper-proof-documentation of flexibility market processes
(2020)
The evolving granularity and structural decentralization of the energy system leads to a need for new tools for the efficient operation of electricity grids. Local Flexibility Markets (or "Smart Markets") provide platform concepts for market based congestion management. In this context there is a distinct need for a secure, reliable and tamper-resistant market design which requires transparent and independent monitoring of platform operation. Within the following paper different concepts for blockchain-based documentation of relevant processes on the proposed market platform are described. On this basis potential technical realizations are discussed. Finally, the implementation of one setup using Merkle tree operations is presented by using open source libraries.
Over recent years, Maximal Extractable Value (MEV) has gained significant importance within the decentralized finance (DeFi) ecosystem. Remarkably, within just two years of its emergence, MEV has seen an extraction of approximately 600 million USD - a phenomenon that has sparked concerns regarding potential threats to blockchain stability.
With growing interest in the Ethereum network and the growing DeFi sector, research surrounding MEV has substantially increased. This work aims to offer a comprehensive understanding of MEV. Additionally, this research quantifies the largest types of MEV (Arbitrage, Sandwich and Liquidations) from March 2022 to March 2023. The data are then compared to other sources, revealing a general upward trend, with a particularly noticeable increase in Sandwich Attacks.
The set of transactions that occurs on the public ledger of an Ethereum network in a specific time frame can be represented as a directed graph, with vertices representing addresses and an edge indicating the interaction between two addresses.
While there exists preliminary research on analyzing an Ethereum network by the means of graph analysis, most existing work is focused on either the public Ethereum Mainnet or on analyzing the different semantic transaction layers using
static graph analysis in order to carve out the different network properties (such as interconnectivity, degrees of centrality, etc.) needed to characterize a blockchain network. By analyzing the consortium-run bloxberg Proof-of-Authority (PoA) Ethereum network, we show that we can identify suspicious and potentially malicious behaviour of network participants by employing statistical graph analysis. We thereby show that it is possible to identify the potentially malicious
exploitation of an unmetered and weakly secured blockchain network resource. In addition, we show that Temporal Network Analysis is a promising technique to identify the occurrence of anomalies in a PoA Ethereum network.
As economies are getting more and more interconnected, the importance of the global logistics sector grew accordingly. However, both structural challenges and current events lead to recent supply chain disruptions, exposing the vulnerabilities of the sector. Simultaneously, blockchain has emerged as a key innovative technology with use cases going far beyond the exchange of virtual currencies. This paper aims to analyze how the technology is transforming global logistics and its challenges. Therefore, six use cases, are presented to give an overview of the technological possibilities of blockchain and smart contracts. The analysis combines theoretical approaches from scientific journals and combines them with findings from real-world implementations. The paper finds that the technology can change supply chain design fundamentally, with processes and decisions being automated and power within supply chain structures changing. However, implementations also face technological, environmental, and organizational challenges that need to be solved for wide-spread adoption.
Prototype-based Vector Quantization is one of the key methods in data processing like data compression or interpretable classification learning. Prototype vectors serve as references for data and data classes. The data are given as vectors representing objects by numerical features. Famous approaches are the Neural Gas Vector Quantizer (NGVQ) for data compression and Learning Vector Quantizers (LVQ) for classification tasks. Frequently, training of those models is time consuming. In the contribution we discuss modifications of these algorithms adopting ideas from quantum computing. The aim for this is a least twofold: First quantum computing provides ideas for enormous speedup making use of quantum mechanical systems and inherent parallelization.
Second, considering data and prototype vectors in terms of quantum systems, implicit data processing is performed, which frequently results in better data separation. We will highlight respective ideas and difficulties when equipping vector quantizers with quantum computing features.
A Systematic Literature Review on Blockchain Oracles: State of Research, Challenges, and Trends
(2023)
To enable data exchange between the Blockchain protocol (on-chain) and the real world (off-chain), e.g., non-Blockchain-based applications and systems, a software called Oracle is used [3]. Blockchain oracle is an important component in the use of off-chain data for on-chain smart contracts. However, there is limited scientific literature available on this important blockchain topic. Therefore, in this paper, a novel systematic literature review based on intelligent methods, e.g., information linking, topic clustering and focus identification through frequency calculations, is proposed. Thus, the current state of scientific research interest, content and challenges, and future research directions for blockchain oracles are identified. This paper shows that there is little unbiased literature that does not call oracles a problem. From the results of this new literature review framework, relevant areas of data handling and verification with blockchain oracles are identified for future research.
After creating a new blockchain transaction, the next step usually is to make miners aware of it by having it propagated through the blockchain’s peer-to-peer network. We study an unintended alternative to peer-to-peer propagation: Exclusive mining. Exclusive mining is a type of collusion between a transaction initiator and a single miner (or mining pool). The initiator sends transactions through a private channel directly to the miner instead of propagating them through the peerto-peer network. Other blockchain users only become aware of these transactions once they have been included in a block by the miner. We identify three possible motivations for engaging in exclusive mining: (i) reducing transaction cost volatility (“confirmation as a service”), (ii) hiding unconfirmed transactions from the network to prevent frontrunning and (iii) camouflaging wealth transfers as transaction costs to evade taxes or launder money. We further outline why exclusive mining is difficult to prevent and introduce metrics which can be used to identify mining pools engaging in exclusive mining activity.
More than 10 years after the invention of Bitcoin, the underlying blockchain technology is having an increasing effect on today’s society. Although one of the most popular application areas of blockchain is still the field of cryptocurrencies, the technological concepts are crossing into further application domains such as international supply chains. Fast-changing markets, high costs of time and risk management as well as biased relationships between the actors pose big challenges to an appropriate supply chain management. Based on a case study about sensor tracking, this paper explores the potential impact of blockchain on small and medium enterprises within an international supply chain. We will show that blockchain technologies offers a high potential to reduce inequalities of power relations between involved actors within supply chains. To achieve this, the requirements for the use of blockchain in supply chain management will be analyzed by means of a conducted case study and an expert survey of the companies concerned.
Safety, quality, and sustainability concerns have arisen from global supply chains. Stakeholders incur risk regarding these factors, given their significance and complexity. Thus, each business's supply chain risk management must prioritize product characteristics. Accordingly, an effective traceability solution that can monitor and regulate product and supply chain aspects is crucial, especially in a given scenario. This re-search paper elucidates the potential of smart contracts in blockchain to enhancing the efficacy of business transactions and ensuring comprehensive traceability within the supply chain of paper-based coffee cups The improved levels of transaction transparency and security in traditional supply chains have been achieved through the digitization of supply chain ecosystem interactions and transactions. This approach makes verifying sources, manufacturing procedures, and quality standards easier in complex supply chains. Accordingly, the integration helps stakeholders monitor and track the whole ecosystem, promoting transparency, predictability, and dependability.