Fair and Transparent Blockchain based Tendering Framework - A Step Towards Open Governance. / Hardwick, Freya Sheer; Akram, Raja Naeem; Markantonakis, Konstantinos.

2018. Paper presented at The 17th IEEE International Conference On Trust, Security And Privacy In Computing And Communications, New York, United States.

Research output: Contribution to conferencePaper

E-pub ahead of print

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Abstract

Society is in constant transition to keep up with technological advancement, we are seeing traditional paradigms being increasingly challenged. The fundamentals of governance are one such paradigm. As society's values have shifted, so have expectations of government shifted from the traditional model to something commonly referred to as 'open governance'. Though a disputed term, we take open governance to mean a concept, which encourages and facilitates openness, accountability, and responsiveness to citizens. For the success of open governance initiatives, there are some technologies, such as the internet, that are crucial. These technologies enable access to both the data and to engagement activities between citizens and government. There are also other technologies, like blockchain and smart contacts, which could be utilised to assist open governance. A sound starting point would be moving from a system where information is tediously released by a government, on an 'as they please' basis, to an infrastructure where critical actions are captured with strong integrity, non-repudiation and evidential guarantees. With an added dimension that facilitates these actions record be accessible to public scrutiny in near real-time. One candidate technology for capturing such actions is blockchain. The blockchains utility is being recognised through smart contracts - potentially a vital building block to realising open and transparent government activities. In this paper, we employ the concept of smart contracts to government tendering activities. The proposed scheme is based on smart contracts, enabling a fair, transparent and independently verifiable (auditable) government tendering scheme. The scheme is then implemented on the Ethereum platform to evaluate the performance and financial cost implications, along with an evaluation of the potential security and auditability challenges.
Original languageEnglish
DOIs
StateE-pub ahead of print - 6 Sep 2018
EventThe 17th IEEE International Conference On Trust, Security And Privacy In Computing And Communications - New York, United States

Conference

ConferenceThe 17th IEEE International Conference On Trust, Security And Privacy In Computing And Communications
CountryUnited States
CityNew York
Period31/07/183/08/18
Internet address
This open access research output is licenced under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

ID: 30080193