A New Secure Crowdfunding Transaction Scheme Based on Blockchain

Author:

Li Guangshun1,Liang Guopeng1,Wu Junhua1ORCID,Jin Zhenyu1,Feng Wenzhen1,Yu Kan1

Affiliation:

1. School of Computer Science, Qufu Normal University, RiZhao 276800, P. R. China

Abstract

Online crowdfunding, an innovative model based on “[Formula: see text]”, is a hot spot for financing via Internet. Crowdfunding based on blockchain is an emerging economic phenomenon and becomes one of the most advanced risk financing strategies. However, crowdfunding transactions face security threats due to identity leaks, quantum attacks and the untraceable nature of blind signatures, which facilitate criminal activity. Different from the previous works, which ignored the importance of traceability, in this paper, we establish a blockchain-empowered secure crowdfunding architecture and propose an anti-quantum partially blind signature algorithm based on the verifiable identity of both sides. Specially, for one thing, the private key decided by user identity is generated by lattice-based sample matrix, and the privacy of user identity can be ensured and traced by the rejection sampling theorem. For another thing, we design an improved krill herd algorithm (IKHA) to increase the credit factor of fundraisers for dealing with project investment issues. The simulation evaluates the correctness and effectiveness of our theoretical analyses. Compared with the current popular schemes, the proposed IKH algorithm has a higher convergence speed and can optimize investment efficiency.

Funder

National Natural Science Foundation of China

Natural Science Foundation of Shandong Province

Key Technology Research and Development Program of Shandong

Publisher

World Scientific Pub Co Pte Ltd

Subject

Electrical and Electronic Engineering,Hardware and Architecture,Electrical and Electronic Engineering,Hardware and Architecture

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