Blockchain-Based Data Market (BCBDM) Framework for Security and Privacy

Abstract

In the internet era, incalculable data is generated every day. In the process of data sharing, complex issues such as data privacy and ownership are emerging. Blockchain is a decentralized distributed data storage technology. The introduction of blockchain can eliminate the disadvantages of the centralized data market, but at the same time, distributed data markets have created security and privacy issues. It summarizes the industry status and research progress of the domestic and foreign big data trading markets and refines the nature of the blockchain-based big data sharing and circulation platform. Based on these properties, a blockchain-based data market (BCBDM) framework is proposed, and the security and privacy issues as well as corresponding solutions in this framework are analyzed and discussed. Based on this framework, a data market testing system was implemented, and the feasibility and security of the framework were confirmed.