This paper presents a mechanism to maintain metadata in a decentralized way, in order to flexibilize open electronic business. By defining instances as sets, data models can be manipulated in operational systems, together with those instances. Using the UN/Cefact Core Components Technical Specification as a framework, decentralized developed metadata becomes negotiable. The presented mechanism ...

The Internet of Things (IoT) suffers from a profound lack trust between central gateways and sensors, e.g., suspect sensors flooding malicious packets, vice versa, manipulating traffic data. One important reason for the mistrust is asymmetry centralized network organization. A Decentralized Autonomous Organization (DAO) can establish trustful symmetric with blockchain. However, it vacant area I...

routing, update propagation, bloom filters, peer-to-peer Peer-to-peer networks have gained much attention due to their attractive features of self-organization, scalability and decentralized control. The key challenge in these networks is how to efficiently locate and retrieve the correct data. Techniques for efficient searching in peer-to-peer networks have been recently proposed; however, the...

The purpose of this paper is to investigate the informational requirements of resource allocation processes for convex production economies. First, we establish a lower bound of the message space of an informationally decentralized mechanism that realizes Pareto efficient allocations over the class of classical production economies. Then, it is shown that this lower bound is exactly the size of...

We present a decentralized evolutionary mechanism that realizes intertemporal Pareto e¢cient allocations in an in...nite horizon pure exchange economy with n ̧ 2 in...nitely lived consumers. We prove that the mechanism is informationally e¢cient in the sense that no other decentralized mechanism exists (whether it is evolutionary or not) that realizes this intertemporal goal with less informati...

Decentralized autonomous organizations (DAO) launched on a blockchain and governed by smart contract promises to bring self-organization new technological level. Crisis management has no standard decentralized solution within DAO yet. A central authority is natural component due compliance reasons in certain domains, for example, special-purpose financing, which the governance model could be re...