Skip to main content
Top

2023 | OriginalPaper | Chapter

A Decision-Making Method for Blockchain Platforms Using Axiomatic Design

Authors : Jun Liu, Qi Zhang, Ming-Yue Xie, Ming-Peng Chen

Published in: Smart Computing and Communication

Publisher: Springer Nature Switzerland

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

For companies using blockchain technology, it is critical to select the most suitable blockchain platform to develop enterprise applications. However, it is still a challenge for enterprises. As an important part of modern decision science, multi-criteria decision-making can well solve the problem of blockchain platform selection. Blockchain platforms integrate various blockchain technologies, and enterprises also need to consider multiple different criteria in the decision-making process. Therefore, this paper will use a heterogeneous multi-criteria decision-making method to solve the blockchain platform selection problem. First, the blockchain platform alternatives and evaluation criteria used for decision-making are identified. Second, blockchain platform alternatives are evaluated with appropriate fuzzy numbers based on defined evaluation criteria. Then, the original evaluations are consistency and normalized to obtain a normalized evaluation. Next, the improved information content formulas of the axiomatic design is proposed to obtain the information content of each normalized evaluation. Then, the weights of all evaluated criteria are obtained using the entropy weight method. Finally, the total weighted information content of each blockchain platform alternative is obtained. With validation, the decision-making model of blockchain platform proposed in this paper has a strong reference value.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference Qiu, M., Jia, Z., et al.: Voltage assignment with guaranteed probability satisfying timing constraint for real-time multiproceesor DSP. J. Signal Process. Syst. (2007) Qiu, M., Jia, Z., et al.: Voltage assignment with guaranteed probability satisfying timing constraint for real-time multiproceesor DSP. J. Signal Process. Syst. (2007)
2.
go back to reference Qiu, M., Yang, L., Shao, Z., Sha, E.: Dynamic and leakage energy minimization with soft real-time loop scheduling and voltage assignment. IEEE TVLSI 18(3), 501–504 (2009) Qiu, M., Yang, L., Shao, Z., Sha, E.: Dynamic and leakage energy minimization with soft real-time loop scheduling and voltage assignment. IEEE TVLSI 18(3), 501–504 (2009)
3.
go back to reference Qiu, M., Xue, C., Shao, Z., Sha, E.: Energy minimization with soft real-time and DVS for uniprocessor and multiprocessor embedded systems. In: IEEE DATE Conference, pp. 1–6 (2007) Qiu, M., Xue, C., Shao, Z., Sha, E.: Energy minimization with soft real-time and DVS for uniprocessor and multiprocessor embedded systems. In: IEEE DATE Conference, pp. 1–6 (2007)
4.
go back to reference Niu, J., Gao, Y., et al.: Selecting proper wireless network interfaces for user experience enhancement with guaranteed probability. JPDC 72(12), 1565–1575 (2012) Niu, J., Gao, Y., et al.: Selecting proper wireless network interfaces for user experience enhancement with guaranteed probability. JPDC 72(12), 1565–1575 (2012)
5.
go back to reference Qiu, M., Xue, C., Shao, Z., et al.: Efficient algorithm of energy minimization for heterogeneous wireless sensor network. In: IEEE EUC, pp. 25–34 (2006) Qiu, M., Xue, C., Shao, Z., et al.: Efficient algorithm of energy minimization for heterogeneous wireless sensor network. In: IEEE EUC, pp. 25–34 (2006)
6.
go back to reference Qiu, M., Li, H., Sha, E.: Heterogeneous real-time embedded software optimization considering hardware platform. In: ACM Symposium on Applied Computing, pp. 1637–1641 (2009) Qiu, M., Li, H., Sha, E.: Heterogeneous real-time embedded software optimization considering hardware platform. In: ACM Symposium on Applied Computing, pp. 1637–1641 (2009)
7.
go back to reference Qiu, H., Dong, T., Zhang, T., et al.: Adversarial attacks against network intrusion detection in IoT systems. IEEE Internet Things J. 8(13), 10327–10335 (2020)CrossRef Qiu, H., Dong, T., Zhang, T., et al.: Adversarial attacks against network intrusion detection in IoT systems. IEEE Internet Things J. 8(13), 10327–10335 (2020)CrossRef
8.
go back to reference Gai, K., Qiu, M., Elnagdy, S.: A novel secure big data cyber incident analytics framework for cloud-based cybersecurity insurance. In: IEEE BigDataSecurity (2016) Gai, K., Qiu, M., Elnagdy, S.: A novel secure big data cyber incident analytics framework for cloud-based cybersecurity insurance. In: IEEE BigDataSecurity (2016)
9.
go back to reference Gao, X., Qiu, M.: Energy-based learning for preventing backdoor attack. In: KSEM, no. 3, pp. 706–721 (2022) Gao, X., Qiu, M.: Energy-based learning for preventing backdoor attack. In: KSEM, no. 3, pp. 706–721 (2022)
10.
go back to reference Qiu, M., Chen, Z., Ming, Z., Qin, X., Niu, J.: Energy-aware data allocation with hybrid memory for mobile cloud systems. IEEE Syst. J. 11(2), 813–822 (2014)CrossRef Qiu, M., Chen, Z., Ming, Z., Qin, X., Niu, J.: Energy-aware data allocation with hybrid memory for mobile cloud systems. IEEE Syst. J. 11(2), 813–822 (2014)CrossRef
11.
go back to reference Qiu, M., Qiu, H., et al.: Secure data sharing through untrusted clouds with blockchain-enabled key management. In: SmartBlock 2020, China, pp. 11–16 (2020) Qiu, M., Qiu, H., et al.: Secure data sharing through untrusted clouds with blockchain-enabled key management. In: SmartBlock 2020, China, pp. 11–16 (2020)
12.
go back to reference Li, J., Ming, Z., et al.: Resource allocation robustness in multi-core embedded systems with inaccurate information. J. Syst. Arch. 57(9), 840–849 (2011)CrossRef Li, J., Ming, Z., et al.: Resource allocation robustness in multi-core embedded systems with inaccurate information. J. Syst. Arch. 57(9), 840–849 (2011)CrossRef
13.
go back to reference Qiu, M., Qiu, H.: Review on image processing based adversarial example defenses in computer vision. In: IEEE BigDataSecurity, Baltimore, USA, pp. 94–99 (2020) Qiu, M., Qiu, H.: Review on image processing based adversarial example defenses in computer vision. In: IEEE BigDataSecurity, Baltimore, USA, pp. 94–99 (2020)
14.
go back to reference Gai, K., Zhang, Y., et al.: Blockchain-enabled service optimizations in supply chain digital twin. IEEE Trans. Serv. Comput. (2022) Gai, K., Zhang, Y., et al.: Blockchain-enabled service optimizations in supply chain digital twin. IEEE Trans. Serv. Comput. (2022)
15.
go back to reference Xie, M.-Y., Liu, J.: A survey on blockchain consensus mechanism: research overview, current advances, and future directions. Int. J. Intell. Comput. Cybern., 1–27 (2022) Xie, M.-Y., Liu, J.: A survey on blockchain consensus mechanism: research overview, current advances, and future directions. Int. J. Intell. Comput. Cybern., 1–27 (2022)
17.
go back to reference Liu, J., Xie, M.-Y., Chen, S.-Y., Ma, C., Gong, Q.-H.: An improved DPoS consensus mechanism in blockchain based on PLTS for the smart autonomous multi-robot system. Inf. Sci. 575, 528–541 (2021)MathSciNetCrossRef Liu, J., Xie, M.-Y., Chen, S.-Y., Ma, C., Gong, Q.-H.: An improved DPoS consensus mechanism in blockchain based on PLTS for the smart autonomous multi-robot system. Inf. Sci. 575, 528–541 (2021)MathSciNetCrossRef
18.
go back to reference Li, Y., Gai, K., et al.: Intercrossed access controls for secure financial services on multimedia big data in cloud systems. ACM Trans. Multimedia Comput. Commun. Appl. (2016) Li, Y., Gai, K., et al.: Intercrossed access controls for secure financial services on multimedia big data in cloud systems. ACM Trans. Multimedia Comput. Commun. Appl. (2016)
19.
go back to reference Liu, J., Zhao, J., Huang, H., Xu, G.: A novel logistics data privacy protection method based on blockchain. Multimedia Tools Appl. 81(17), 23867–23877 (2022) Liu, J., Zhao, J., Huang, H., Xu, G.: A novel logistics data privacy protection method based on blockchain. Multimedia Tools Appl. 81(17), 23867–23877 (2022)
20.
go back to reference Qiu, H., Zheng, Q, et al.: Topological graph convolutional network-based urban traffic flow and density prediction. IEEE Trans. Intell. Transp. Syst. 99 (2020) Qiu, H., Zheng, Q, et al.: Topological graph convolutional network-based urban traffic flow and density prediction. IEEE Trans. Intell. Transp. Syst. 99 (2020)
21.
go back to reference Li, Y.-B., Song, Y., Jia, L., et al.: Intelligent fault diagnosis by fusing domain adversarial training and maximum mean discrepancy via ensemble learning. IEEE Trans. Ind. Inf. 17(4), 2833–2841 (2021)CrossRef Li, Y.-B., Song, Y., Jia, L., et al.: Intelligent fault diagnosis by fusing domain adversarial training and maximum mean discrepancy via ensemble learning. IEEE Trans. Ind. Inf. 17(4), 2833–2841 (2021)CrossRef
22.
go back to reference Hu, F., Lakdawala, S., Hao, Q., et al.: Low-power, intelligent sensor hardware interface for medical data preprocessing. IEEE Trans. Inf Technol. Biomed. 13(4), 656–663 (2009)CrossRef Hu, F., Lakdawala, S., Hao, Q., et al.: Low-power, intelligent sensor hardware interface for medical data preprocessing. IEEE Trans. Inf Technol. Biomed. 13(4), 656–663 (2009)CrossRef
23.
go back to reference Gai, K.-K., Wu, Y.-L., Zhu, L.-H., et al.: Permissioned blockchain and edge computing empowered privacy-preserving smart grid networks. IEEE Internet Things J. 6(5), 7992–8004 (2019)CrossRef Gai, K.-K., Wu, Y.-L., Zhu, L.-H., et al.: Permissioned blockchain and edge computing empowered privacy-preserving smart grid networks. IEEE Internet Things J. 6(5), 7992–8004 (2019)CrossRef
24.
go back to reference Qiu, M.-K., Gai, K.-K., Xiong, Z.-G.: Privacy-preserving wireless communications using bipartite matching in social big data. Future Gener. Comput. Syst. Int. J. eScience. 87, 772–781 (2018)CrossRef Qiu, M.-K., Gai, K.-K., Xiong, Z.-G.: Privacy-preserving wireless communications using bipartite matching in social big data. Future Gener. Comput. Syst. Int. J. eScience. 87, 772–781 (2018)CrossRef
25.
go back to reference Gai, K.-K., Fang, Z.-K., Wang, R.-L., et al.: Edge computing and lightning network empowered secure food supply management. IEEE Internet Things J. 9(16), 14247–14259 (2022)CrossRef Gai, K.-K., Fang, Z.-K., Wang, R.-L., et al.: Edge computing and lightning network empowered secure food supply management. IEEE Internet Things J. 9(16), 14247–14259 (2022)CrossRef
26.
go back to reference Hijazi, A.A., Perera, S., Alashwal, A.M., et al.: Enabling a single source of truth through BIM and blockchain integration. In: International Conference on Innovation, Technology, Enterprise, and Entrepreneurship 2019, pp. 24–25 (2019) Hijazi, A.A., Perera, S., Alashwal, A.M., et al.: Enabling a single source of truth through BIM and blockchain integration. In: International Conference on Innovation, Technology, Enterprise, and Entrepreneurship 2019, pp. 24–25 (2019)
27.
go back to reference Perera, S., Nanayakkara, S., Rodrigo, M., et al.: Blockchain technology: Is it hype or real in the construction industry? J. Ind. Inf. Integr. 17 (2020) Perera, S., Nanayakkara, S., Rodrigo, M., et al.: Blockchain technology: Is it hype or real in the construction industry? J. Ind. Inf. Integr. 17 (2020)
28.
go back to reference Farshidi, S., et al.: Decision support for blockchain platform selection: three industry case studies. IEEE Trans. Eng. Manag. 67(4), 1109–1128 (2020)CrossRef Farshidi, S., et al.: Decision support for blockchain platform selection: three industry case studies. IEEE Trans. Eng. Manag. 67(4), 1109–1128 (2020)CrossRef
29.
go back to reference Büyüközkan, G., Tüfekçi, G.: A decision-making framework for evaluating appropriate business blockchain platforms using multiple preference formats and VIKOR. Inf. Sci. 571, 337–357 (2021)MathSciNetCrossRef Büyüközkan, G., Tüfekçi, G.: A decision-making framework for evaluating appropriate business blockchain platforms using multiple preference formats and VIKOR. Inf. Sci. 571, 337–357 (2021)MathSciNetCrossRef
30.
go back to reference Tang, H.-M., Shi, Y., Dong, P.-W.: Public blockchain evaluation using entropy and TOPSIS. Expert Syst. Appl. 117, 204–210 (2019)CrossRef Tang, H.-M., Shi, Y., Dong, P.-W.: Public blockchain evaluation using entropy and TOPSIS. Expert Syst. Appl. 117, 204–210 (2019)CrossRef
31.
go back to reference Chen, C.-H.: A novel multi-criteria decision-making model for building material supplier selection based on entropy-AHP weighted TOPSIS. Entropy 22(2) (2020) Chen, C.-H.: A novel multi-criteria decision-making model for building material supplier selection based on entropy-AHP weighted TOPSIS. Entropy 22(2) (2020)
32.
go back to reference Kumar, R., Bilga, P.-S., Singh, S.: Multi objective optimization using different methods of assigning weights to energy consumption responses, surface roughness and material removal rate during rough turning operation. J. Clean. Prod. 164, 45–57 (2017)CrossRef Kumar, R., Bilga, P.-S., Singh, S.: Multi objective optimization using different methods of assigning weights to energy consumption responses, surface roughness and material removal rate during rough turning operation. J. Clean. Prod. 164, 45–57 (2017)CrossRef
33.
go back to reference Chen, P.-Y.: Effects of the entropy weight on TOPSIS. Expert Syst. Appl. 168 (2021) Chen, P.-Y.: Effects of the entropy weight on TOPSIS. Expert Syst. Appl. 168 (2021)
34.
go back to reference Khan, M.J., et al.: The renewable energy source selection by remoteness index-based VIKOR method for generalized intuitionistic fuzzy soft sets. Symmetry 12(6) (2020) Khan, M.J., et al.: The renewable energy source selection by remoteness index-based VIKOR method for generalized intuitionistic fuzzy soft sets. Symmetry 12(6) (2020)
36.
go back to reference Feng, J.-H., Xu, S.-X., Li, M.: A novel multi-criteria decision-making method for selecting the site of an electric-vehicle charging station from a sustainable perspective. Sustain. Cities Soc. 65 (2021) Feng, J.-H., Xu, S.-X., Li, M.: A novel multi-criteria decision-making method for selecting the site of an electric-vehicle charging station from a sustainable perspective. Sustain. Cities Soc. 65 (2021)
37.
go back to reference Chen, X., et al.: Matching demanders and suppliers in knowledge service: a method based on fuzzy axiomatic design. Inf. Sci. 346, 130–145 (2016)MathSciNetCrossRef Chen, X., et al.: Matching demanders and suppliers in knowledge service: a method based on fuzzy axiomatic design. Inf. Sci. 346, 130–145 (2016)MathSciNetCrossRef
38.
go back to reference Büyüközkan, G., Karabulut, Y., Arsenyan, J.: RFID service provider selection: an integrated fuzzy MCDM approach. Measurement 112, 88–98 (2017)CrossRef Büyüközkan, G., Karabulut, Y., Arsenyan, J.: RFID service provider selection: an integrated fuzzy MCDM approach. Measurement 112, 88–98 (2017)CrossRef
Metadata
Title
A Decision-Making Method for Blockchain Platforms Using Axiomatic Design
Authors
Jun Liu
Qi Zhang
Ming-Yue Xie
Ming-Peng Chen
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-28124-2_29

Premium Partner