Publication detail

Blockchain Evaluation Approaches: State-of-the-Art and Future Perspective

SMETANIN, S. OMETOV, A. KOMAROV, M. MAŠEK, P. KOUCHERYAVY, Y.

Original Title

Blockchain Evaluation Approaches: State-of-the-Art and Future Perspective

Type

journal article in Web of Science

Language

English

Original Abstract

The present increase of attention toward blockchain-based systems is currently reaching a tipping point with the corporate focus shifting from exploring the technology potential to creating Distributed Ledger Technology (DLT)-based systems. In light of a significant number of already existing blockchain applications driven by the Internet of Things (IoT) evolution, the developers are still facing a lack of tools and instruments for appropriate and efficient performance evaluation and behavior observation of different blockchain architectures. This paper aims at providing a systematic review of current blockchain evaluation approaches and at identifying the corresponding utilization challenges and limitations. First, we outline the main metrics related to the blockchain evaluation. Second, we propose the blockchain modeling and analysis classification based on the critical literature review. Third, we extend the review with publicly accessible industrial tools. Next, we analyze the selected results for each of the proposed classes and outline the corresponding limitations. Finally, we identify current challenges of the blockchain analysis from the system evaluation perspective, as well as provide future perspectives.

Keywords

Blockchain; Modeling; Simulation; Emulation; Eeview

Authors

SMETANIN, S.; OMETOV, A.; KOMAROV, M.; MAŠEK, P.; KOUCHERYAVY, Y.

Released

13. 6. 2020

Publisher

MDPI

ISBN

1424-8220

Periodical

SENSORS

Year of study

20

Number

12

State

Swiss Confederation

Pages from

1

Pages to

20

Pages count

20

URL

Full text in the Digital Library

BibTex

@article{BUT164254,
  author="SMETANIN, S. and OMETOV, A. and KOMAROV, M. and MAŠEK, P. and KOUCHERYAVY, Y.",
  title="Blockchain Evaluation
Approaches: State-of-the-Art and Future Perspective",
  journal="SENSORS",
  year="2020",
  volume="20",
  number="12",
  pages="1--20",
  doi="10.3390/s20123358",
  issn="1424-8220",
  url="https://www.mdpi.com/1424-8220/20/12/3358"
}