Strategic Analysis of Participants in BCFL-Enabled Decentralized IoT Data Sharing
Ziwen Cheng (),
Bowen Wang,
Yongqi Pan and
Yi Liu ()
Additional contact information
Ziwen Cheng: Science and Technology on Information Systems Engineering Laboratory, National University of Defense Technology, Changsha 410073, China
Bowen Wang: Science and Technology on Information Systems Engineering Laboratory, National University of Defense Technology, Changsha 410073, China
Yongqi Pan: Science and Technology on Information Systems Engineering Laboratory, National University of Defense Technology, Changsha 410073, China
Yi Liu: Science and Technology on Information Systems Engineering Laboratory, National University of Defense Technology, Changsha 410073, China
Mathematics, 2023, vol. 11, issue 21, 1-19
Abstract:
Blockchain-based federated learning (BCFL) has been regarded as an emerging data sharing paradigm in edge networks of internet-of-things (IoT) because of its advantages, such as decentralization, collaborative model training, and privacy protection. However, there have been few studies focusing on strategic analysis in the BCFL system, which is important for establishing a robust and sustainable BCFL system in an untrustworthy and profit-driven environment. In this paper, we first propose a self-organizing data sharing system supported by BCFL to deeply analyze the data sharing logic. Then, a mathematical model based on evolutionary game theory is established to analyze the interaction between model owners and data providers, aiming at exploring the stability of user strategies under different considerations. According to the strategic analysis, we designed and further discussed a dynamic system control mechanism based on smart contracts to adaptively maintain a robust and sustainable BCFL system. We conducted numerical analysis and experiments to verify our work.
Keywords: blockchain; data sharing; internet of things; evolutionary game; robust; stability (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2023
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.mdpi.com/2227-7390/11/21/4520/pdf (application/pdf)
https://www.mdpi.com/2227-7390/11/21/4520/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jmathe:v:11:y:2023:i:21:p:4520-:d:1272948
Access Statistics for this article
Mathematics is currently edited by Ms. Emma He
More articles in Mathematics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().