Accelerated Ordering Service for Distributed Ledgers

Informazioni relative al progetto

ACCORD

ID dell’accordo di sovvenzione: 842956

DOI 10.3030/842956

Progetto concluso il 30 Settembre 2020

Data della firma CE 23 Aprile 2019

Data di avvio 1 Maggio 2019

Data di completamento 30 Aprile 2021

Finanziato da

• EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions

Costo totale € 172 932,48

Contributo UE € 172 932,48

Coordinato da

FUNDACION IMDEA SOFTWARE
Spain

Obiettivo

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).

Campo scientifico

• ingegneria e tecnologia › ingegneria elettrica, ingegneria elettronica, ingegneria informatica › ingegneria elettronica › hardware › processore di computer
• scienze naturali › informatica e scienze dell'informazione › sicurezza informatica › crittografia
• ingegneria e tecnologia › ingegneria elettrica, ingegneria elettronica, ingegneria informatica › ingegneria informatica › telecomunicazioni › reti di telecomunicazione

Parole chiave

• distributed systems
• hardware acceleration
• distributed ledger
• networking

Programma(i)

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

Argomento(i)

• MSCA-IF-2018 - Individual Fellowships

Invito a presentare proposte

H2020-MSCA-IF-2018

Meccanismo di finanziamento

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

Coordinatore

FUNDACION IMDEA SOFTWARE

• Contribution nette de l'UE: € 172 932,48
• Indirizzo: Campus de montegancedo sn ; 28223 Pozuelo de alarcon ; Spagna
• Regione: Comunidad de Madrid › Comunidad de Madrid › Madrid
• Tipo di attività: Research Organisations
• Altri finanziamenti: € 0,00