#5456. Auction method to prevent bid-rigging strategies in mobile blockchain edge computing resource allocation
August 2026 | publication date |
Proposal available till | 19-05-2025 |
4 total number of authors per manuscript | 0 $ |
The title of the journal is available only for the authors who have already paid for |
|
|
Journal’s subject area: |
Hardware and Architecture;
Computer Networks and Communications;
Software; |
Places in the authors’ list:
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)
More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
To introduce blockchain technology to the mobile internet and Internet of Things, offloading proof-of-work tasks to edge computing nodes is considered an effective solution. Among these solutions, pricing edge computing resources through auctions has been widely accepted as a simple and efficient method. However, in these auctions, it is difficult to identify bid-rigging behavior by users, and the lack of technical means to avoid such behavior can results in a loss of revenue for edge service providers (ESPs). In this study, we first model the optimal bid-rigging mechanism in a mobile blockchain edge computing resource auction. Then, we introduce an auction method that an ESP can use to prevent the bid-rigging strategy in resource auctions. Finally, we propose a solution for the optimal reserve price of the SA (simulated annealing) algorithm, which calculates the optimal reserve price according to bidders’ willingness to pay and the number of bid-rigging participants to improve the revenue of the ESP.
Keywords:
Auction; Bid-rigging strategy prevention; Edge computing; Mobile blockchain; Resource allocation
Contacts :