Author:
Reypnazarov Ernazar,Khujamatov Halimjon,Das Debasis,Khasanov Doston,Nurullaev Elaman,Babazhanova Tazakhan
Abstract
The rapid growth of wireless communication technologies has led to an exponential increase in the demand for spectrum resources. Spectrum management, the process of allocation and control of limited radio frequency spectrum, is critical to the efficient and equitable distribution of this scarce resource. However, traditional methods of spectrum management face many problems, including inefficiency, lack of transparency and proneness to fraud. In recent years, blockchain technology has emerged as a potential solution to these problems. The emergence of smart contracts using blockchain technology has the potential to revolutionize spectrum trading and improve spectrum management practices. This paper explores the application of blockchain in spectrum management and discusses its potential to revolutionize the way spectrum resources are allocated and managed. Also, the concept of smart contracts and their application in spectrum trading are studied. It discusses the benefits of using smart contracts for transparent and efficient spectrum transactions, implementation challenges, and potential solutions. Through the use of smart contracts, a secure and decentralized market for spectrum resources can be created, facilitating dynamic and flexible allocation of spectrum.