Matching in decentralized two-sided markets via Blockchain-based deferred acceptance

Funk F, Franke J (2021)

Publication Type: Conference contribution, Conference Contribution

Publication year: 2021

Original Authors: Felix Funk, Joerg Franke

Event location: Paris FR

DOI: 10.1109/BRAINS52497.2021.9569823

Abstract

Ever since the technology was first introduced, Blockchains have been considered as a potential enabler for decentralized markets. Starting with the initial usage of cryptocurrencies on conventional platforms, to the development of fully decentralized, smart-contract-based platforms and highly specific applications running on consortium chains, this potential has already been realized. However, competitive, two-sided peer-to-peer matching markets in which financial aspects play a secondary role have been researched less. In this paper, we propose the integration of the classic deferred acceptance algorithm with Blockchain technology in order to leverage the benefits of its clearinghouse architecture for sets of peers without requiring an intermediary. We furthermore present a prototypical implementation including a sealing mechanism and discuss its functionality and scalability.

Authors with CRIS profile

Felix Funk Lehrstuhl für Fertigungsautomatisierung und Produktionssystematik Jörg Franke Lehrstuhl für Fertigungsautomatisierung und Produktionssystematik

How to cite

APA:

Funk, F., & Franke, J. (2021). Matching in decentralized two-sided markets via Blockchain-based deferred acceptance. In Proceedings of the 2021 3rd Conference on Blockchain Research Applications for Innovative Networks and Services (BRAINS). Paris, FR.

MLA:

Funk, Felix, and Jörg Franke. "Matching in decentralized two-sided markets via Blockchain-based deferred acceptance." Proceedings of the 2021 3rd Conference on Blockchain Research Applications for Innovative Networks and Services (BRAINS), Paris 2021.

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