CSC News

Using SmartChainDB Platforms to Support Smart Marketplaces

Drs. Kemafor Anyanwu Ogan, associate professor, and Alessandra Scafuro, assistant professor, in the NC State Computer Science Department, and Binil Starly, professor in the Fitts Department of Industrial and Systems Engineering, have proposed a project that seeks to develop a platform-SmartChainDB for supporting Smart Marketplaces in trustless environments.

Such marketplaces should enable efficient assessment of bids in response to service requests without a-priori trust establishment between parties. In domains like Digital Manufacturing, job bid assessments are very time-consuming efforts that take order of months. The platform will be developed by extending a BlockChain database for managing trust, with transaction types necessary to support a protocol for service requests and response bids.  Another key extension will be semantic-enablement of the BlockChain database. A proof-of-concept prototype in Smart Manufacturing will be developed using SmartChainDB.

The computer science department’s portion of the National Science Foundation (NSF) funding is $433,937.  The project began October 1, 2018 and runs through September 30, 2021.

~scanlon~