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Resource tokenization for crowdfunding of wireless networks
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Authors: Volkan Sevindik
Status: Final
Date of publication: 20 September 2021
Published in: ITU Journal on Future and Evolving Technologies, Volume 2 (2021), Issue 5 - Internet of Everything, Pages 93-100
Article DOI : https://doi.org/10.52953/MGNT1205
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 | Abstract:
This paper presents a novel blockchain-based spectrum tokenization method used to crowdsource wireless network deployment projects. Crowdsourcing is a method of financing certain projects and ideas through the funds collected by individuals or businesses in an open marketplace. The method presented in this paper finances the wireless network deployment projects belonging to service providers or governments. The method tokenizes proposed novel wireless resource units, and sells these units to investors. A new Value Unit Per User (VUPU) resource unit is introduced with a new pricing scheme depending on a load of a base station. A novel Proof of Data Load (PoDLO) consensus algorithm is proposed which is used to verify data and traffic load of a base station. Device Diversity Factor (DDF) and Subscriber Unique Permanent Identifier (SUPI) Factor (SUF) are proposed new ways to determine the value of a base station and a network cluster. |
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Keywords: Blockchain, crowdfunding, resource tokenization
Rights: © International Telecommunication Union, available under the CC BY-NC-ND 3.0 IGO license.
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