Grant: Collaborative Research and Development Grants
University of Waterloo
$104,200.00
Towards a High-velocity Permissioned Blockchain
EF 2019-20
Résumé
Distributed ledger technologies have been recognized as 'game changers' because they permithighly-decentralized transaction-processing systems with minimal transaction fees and withoutthe need for a mutually trusted third-party. It is widely believed that these technologies, especiallypermissioned blockchains, will fundamentally alter industries ranging from finance and real-estateto energy and transportation. However, existing blockchains are highly limited in terms oftheir throughput, achieving no more than 1000 transactions/second for typical workloads. Thisgreatly limits their practical applicability. Hence, our broad goals are the implementation of ascalable and provably correct consensus protocol for high-velocity blockchains, and integrationof this protocol into an existing system, such as Hyperledger Fabric. Our goal is to achieve atransaction throughput exceeding 1 million transactions/s.
Programme
Collaborative Research and Development Grants
Bénéficiaire
Emplacement
Ontario, Canada
Type de bénéficiaire
Academia
Type
Grant
Source
NSERC's Awards Data
Tel que publié
Application id
536506-2018
Name nom
Wong, Bernard
Department département
Computer Science, David R. Cheriton School of
Organization id
33
Institution établissement
University of Waterloo
Province en
Ontario
Province fr
Ontario
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2019
Competition year année de concours
2018
Award amount
104200
Program id
CRDPJ
Program name en
Collaborative Research and Development Grants
Program name fr
Subventions de recherche et développement coopérative
Group en
RESEARCH PARTNERSHIPS
Group fr
PARTENARIATS DE RECHERCHE
Committee code
96
Committee name en
RPP Internal Decision Cttee
Committee name fr
Cté de décision interne - PPR
Area of application code
801
Area of application group en
Information and communication services
Area of application group fr
Services d'information et de télécommunications
Area of application en
Computer software
Area of application fr
Logiciel
Research subject code
2711
Research subject group en
Information technology
Research subject group fr
Technologie de l'information
Research subject en
Database management
Research subject fr
Gestion de bases de données
Installment
inst:1 - 1
Partie
1
Nb partie
1
Application title
Towards a High-velocity Permissioned Blockchain
Keyword
NSERC
Application summary
Distributed ledger technologies have been recognized as 'game changers' because they permithighly-decentralized transaction-processing systems with minimal transaction fees and withoutthe need for a mutually trusted third-party. It is widely believed that these technologies, especiallypermissioned blockchains, will fundamentally alter industries ranging from finance and real-estateto energy and transportation. However, existing blockchains are highly limited in terms oftheir throughput, achieving no more than 1000 transactions/second for typical workloads. Thisgreatly limits their practical applicability. Hence, our broad goals are the implementation of ascalable and provably correct consensus protocol for high-velocity blockchains, and integrationof this protocol into an existing system, such as Hyperledger Fabric. Our goal is to achieve atransaction throughput exceeding 1 million transactions/s.
