Accelerated Ordering Service for Distributed Ledgers

Información del proyecto

ACCORD

Identificador del acuerdo de subvención: 842956

DOI

10.3030/842956

Proyecto finalizado el 30 Septiembre 2020

Fecha de la firma de la CE 23 Abril 2019

Fecha de inicio 1 Mayo 2019

Fecha de finalización 30 Abril 2021

Financiado con arreglo a

• EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions

Coste total

€ 172 932,48

Aportación de la UE

€ 172 932,48

Coordinado por

FUNDACION IMDEA SOFTWARE
Spain

Objetivo

Distributed ledgers (DLs), also called blockchains, have the potential of transforming the ways individuals and businesses interact. While today a trusted third party, such as a bank, is required to guarantee that transactions among these entities are performed correctly, with DLs it is possible to delegate this task to a distributed computer network that relies on cryptographic operations and sophisticated distributed consensus algorithms to ensure that transactions are recorded durably and in a tamper-free manner. As a result, DLs have the potential to reduce the cost of transactions and the associated latencies dramatically.

However, the adoption of DLs outside of crypto-currency use-cases has been slow partially due to their low performance compared to traditional data management systems. This stems mostly from the constraints and design choices inherited from the first public blockchains, that targeted public, geo-distributed, operation. Today, however, most industry use-cases require permissioned access to the ledger and involve nodes that are geographically close to each other (e.g. in a shipping port). This prompts a redesign of DLs and allows for using various hardware acceleration features to increase their performance.

In the ACCORD project, we aim to increase distributed ledger throughput by at least an order of magnitude, while lowering latencies by a similar factor. To achieve this, we focus on the core component of DL systems, namely, distributed consensus that is used to establish an absolute order of transactions. This ordering operation (service) is typically the main performance bottleneck in DLs. To fully exploit emerging network technologies and to overcome stagnating CPU performance, we will use hardware acceleration (i.e. FPGAs) to offload the steps required by the ordering service. The outcome of this project is a DL design with performance that allows it to be deployed in use-cases in which DLs are inadequate today (e.g. trading).

Ámbito científico (EuroSciVoc)

• ingeniería y tecnología › ingeniería eléctrica, ingeniería electrónica, ingeniería de la información › ingeniería electrónica › hardware informático › procesador informático
• ciencias naturales › informática y ciencias de la información › seguridad informática › criptografía
• ingeniería y tecnología › ingeniería eléctrica, ingeniería electrónica, ingeniería de la información › ingeniería de la información › telecomunicación › red de telecomunicaciones

Palabras clave

• distributed systems
• hardware acceleration
• distributed ledger
• networking

Programa(s)

• H2020-EU.1.3. - EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions PROGRAMA PRINCIPAL
  
• H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility
  

Tema(s)

• MSCA-IF-2018 - Individual Fellowships
  

Régimen de financiación

MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF)

Convocatoria de propuestas

H2020-MSCA-IF-2018

Coordinador

FUNDACION IMDEA SOFTWARE

• Aportación neta de la UEn: € 172 932,48
• Dirección: CAMPUS DE MONTEGANCEDO SN ; 28223 Pozuelo De Alarcon ; España
• Región: Comunidad de Madrid › Comunidad de Madrid › Madrid
• Tipo de actividad: Research Organisations
• Coste total: € 172 932,48