An Efficient and Decentralized Blockchain-based Commercial Alternative

Marwan Zeggari, Renaud Lambiotte, Aydin Abadi, Mohamad Kassab

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Lyzis Labs is an incentive-driven and democratic protocol built upon a decentralized online marketplace based on blockchain technology. The major proposal of the protocol, Lyzis Marketplace, allows two or more people to be securely connected in a decentralized way without going through a Trusted Third Party (TTP) to perform physical asset exchanges while primarily providing transparent and fully protected data storage. The necessary components are built to ensure that within the platform, the honest strategy of an actor (seller or buyer) is safe, in a strong game-theoretic sense, if the arbiter is biased in favor of the honest parties. Such approach may give rise to a permissionless, secure and transparent business system where users are empowered by decision-making and can simultaneously follow personal and collective interests.

Original languageEnglish (US)
Title of host publicationProceedings - IEEE 20th International Conference on Software Architecture Companion, ICSA-C 2023
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages231-238
Number of pages8
ISBN (Electronic)9781665464598
DOIs
StatePublished - 2023
Event20th IEEE International Conference on Software Architecture Companion, ICSA-C 2023 - L�Aquila, Italy
Duration: Mar 13 2023Mar 17 2023

Publication series

NameProceedings - IEEE 20th International Conference on Software Architecture Companion, ICSA-C 2023

Conference

Conference20th IEEE International Conference on Software Architecture Companion, ICSA-C 2023
Country/TerritoryItaly
CityL�Aquila
Period3/13/233/17/23

Keywords

  • blockchain
  • distributed systems
  • game theory
  • marketplace
  • online commerce
  • smart contract
  • trustless

ASJC Scopus subject areas

  • Computer Science Applications
  • Hardware and Architecture
  • Information Systems
  • Software
  • Information Systems and Management

Fingerprint

Dive into the research topics of 'An Efficient and Decentralized Blockchain-based Commercial Alternative'. Together they form a unique fingerprint.

Cite this