The effect of thickness-based dynamic matching mechanism on a hyperledger fabric-based timebank system

Abstract

In a community with an aging population, helping each other is a must society function. Lacking mutual trust makes the need for a fair and transparent service exchange platform on top of the public service administration’s list. We present an efficient blockchain-based TimeBank realization with a newly proposed dynamic service matching algorithm (DSMA) in this work. The Hy-perledger Fabric (or Fabric in short), one of the well-known Consortium Blockchains, is chosen as our system realization platform. It provides the identity certification mechanism and has an extend-able network structure. The performance of a DSMA is measured by the waiting time for a service to get a match, called the service-matching waiting time (SMWT). In our DSMA, the decision as to whether a service is to get a match or wait for a later chance depends dynamically on the total number of contemporarily available services (i.e., the thickness of the service market). To better the proposed TimeBank system’s service quality, a Dynamic Tuning Strategy (DTS) is designed to thicken the market size. Experimental results show that a thicker market makes on-chain nodes have more links, and in turn, they find a match easier (i.e., consume a shorter SMWT).