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Designing a Trust-Based Virtual Currency System for User-Centric Networks: The ULOOP Case

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User-Centric Networking

Part of the book series: Lecture Notes in Social Networks ((LNSN))

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Abstract

The functioning of mobile networks, and especially mobile ad-hoc networks (MANETs), is based on the assumption that a subset of the nodes that compose the network are able and willing to cooperate, for instance forwarding packets on the behalf of others. In particular, in user-centric networks based on local-loop forwarding, where resources might be constrained, there is no direct gain in altruistic behavior. Incentives are needed to overcome the selfishness of every participant of the network. The ULOOP project envisions a user-centric network system where nodes are persuaded into cooperation by the presence of both trust-based and monetary incentives. The transfer of monetary units in exchange for resources requires a credit interchange protocol between nodes that satisfies the particular criteria of an ULOOP network. Such a protocol is presented in the following paper and is then discussed and evaluated on its particular properties and constraints.

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Acknowledgments

The research leading to these results has received funding from the EU IST Seventh Framework Programme ([FP7/2007–2013]) under grant agreement no. 257418, project ULOOP (User-centric Wireless Local Loop).

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Correspondence to Lorenz Cuno Klopfenstein .

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Klopfenstein, L.C., Delpriori, S. (2014). Designing a Trust-Based Virtual Currency System for User-Centric Networks: The ULOOP Case. In: Aldini, A., Bogliolo, A. (eds) User-Centric Networking. Lecture Notes in Social Networks. Springer, Cham. https://doi.org/10.1007/978-3-319-05218-2_6

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  • DOI: https://doi.org/10.1007/978-3-319-05218-2_6

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-05217-5

  • Online ISBN: 978-3-319-05218-2

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