Year 2020, Volume , Issue 32, Pages 11 - 14 2020-09-30

A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)

Selçuk TOPAL [1]


This paper is the first part of the Proof of Meet (PoM) work. This part focuses on the need for the model and its system (roughly) rather than giving technical details. In the second part, full technical details and architecture of the model will be discussed. The model focuses on consensus-based sharing (meeting) economy model. The sharing (meeting) describes the relationship between what is already somewhere and what goes there. The consensus is built on active clients (where the client can be anything capable of a change of location) on a social activity (location and action). There are two parts of clients; the first who/which go somewhere for a purpose (C_1) and the second who/which are regularly somewhere for a purpose (C_2). C_1 is in the domain of at least two clients and C_2 is in at least one. To build a decentralised blockchain with no energy-consuming, the paper proposes a consensus system, PoM, on the top of Proof of Stake (PoS) and Blockchain-Based Proof of Location (BBPL). The sharing economy model is one of the applications of the proposed blockchain model. The blockchain system called HOX is available to use very large area distributed ledger systems from a dynamic transportation system to dynamic big data. HOX is an instance of PoM application. Consequently, the proposed model provides the opportunity to record taxes, earn a fair share of labour and use blockchain actively in daily life within the legal framework.
Proof of meet, proof of stake, blockchain, consensus, location-based blockchain, dynamic big data
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Primary Language en
Subjects Mathematics, Interdisciplinary Applications, Mathematics, Applied
Journal Section Research Article
Authors

Orcid: 0000-0001-7074-2569
Author: Selçuk TOPAL (Primary Author)
Institution: BİTLİS EREN ÜNİVERSİTESİ
Country: Turkey


Dates

Publication Date : September 30, 2020

Bibtex @research article { jnt739542, journal = {Journal of New Theory}, issn = {}, eissn = {2149-1402}, address = {Mathematics Department, Gaziosmanpasa University 60250 Tokat-TURKEY.}, publisher = {Gaziosmanpasa University}, year = {2020}, volume = {}, pages = {11 - 14}, doi = {}, title = {A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)}, key = {cite}, author = {Topal, Selçuk} }
APA Topal, S . (2020). A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) . Journal of New Theory , (32) , 11-14 . Retrieved from https://dergipark.org.tr/en/pub/jnt/issue/56973/739542
MLA Topal, S . "A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)" . Journal of New Theory (2020 ): 11-14 <https://dergipark.org.tr/en/pub/jnt/issue/56973/739542>
Chicago Topal, S . "A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)". Journal of New Theory (2020 ): 11-14
RIS TY - JOUR T1 - A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) AU - Selçuk Topal Y1 - 2020 PY - 2020 N1 - DO - T2 - Journal of New Theory JF - Journal JO - JOR SP - 11 EP - 14 VL - IS - 32 SN - -2149-1402 M3 - UR - Y2 - 2020 ER -
EndNote %0 Journal of New Theory A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) %A Selçuk Topal %T A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet) %D 2020 %J Journal of New Theory %P -2149-1402 %V %N 32 %R %U
ISNAD Topal, Selçuk . "A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet)". Journal of New Theory / 32 (September 2020): 11-14 .
AMA Topal S . A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet). JNT. 2020; (32): 11-14.
Vancouver Topal S . A Novel Hybrid Sharing Economy Based Blokchain Model (Proof of Meet). Journal of New Theory. 2020; (32): 11-14.