Verification Plan Using Neural Algorithm Blockchain Smart Contract for Secure P2P Real Estate Transactions

• Published in: Electronics (Basel) Vol. 9; no. 6; p. 1052
• Main Authors: Huh, Jun-Ho, Kim, Seong-Kyu
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 2020
• Subjects: Algorithms; Artificial intelligence; Blockchain; Computer models; Computer networks; Digital signatures; Encryption; Exchanging; False information; Fault tolerance; Gateways; Global positioning systems; GPS; Industrialized nations; Internet of Things; Profits; Programming languages; Quantum cryptography; Real estate; Registration; REITs; Sales; Servers; Source code; Verification; Virtual environments; United States > US
• ISSN: 2079-9292; 2079-9292
• DOI: 10.3390/electronics9061052

Blockchain and artificial intelligence are the most important keywords in the Fourth Industrial Revolution. This study sought to apply these core technologies to future validated algorithms that make real estate transactions secure to come up with an encryption algorithm. In addition, the real estate transaction is being paid a large fee by the middlemen, the real estate agent. Furthermore and recently, P2P (peer-to-peer) real estate exchange is used a lot. However, these P2P real estate exchanges also have problems that have not been identified by each other between landlords and tenants. In particular, a research model was established to compare and verify the PBFT (practical Byzantine fault tolerance) algorithm of Hyperledger through the blockchain agreement process. Subsequently, a process for verifying the real estate contract was established. Through VM (virtual machine) research methodology for the verification of blockchain real estate contracts, ElGamal communication was provided to prove quantum cryptography. We also automated lightweight encryption test verification tools and blockchain smart contract VM (virtual machine) models using artificial intelligence. Verification was performed through a reservation server and a monitoring server using a test verification tool for network-based lightweight security IoT (Internet of things) GW (gateway). It presents important ECP (elastic curve program) and elastic curve Qu-Vanstone (ECQV) models among the main functions of the blockchain smart contract, and it is equipped with quantum-based encryption algorithm. In addition, the necessary UML (unified modeling language) source code and performance data were calculated according to the actual experimental environment, and the average value for blockchain for administrative or government authorized assets—4000 TPS (transaction per second) were tested. In the future, we want to use this technology for real estate transactions.