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Real-World Asset Identity Authentication in Blockchain Enabled Inter-Organizational Process-Aware Systems Involving Adjustable Challenge-Response Evaluation Sets

Blockchain technologies enable transparent and trusting inter-organizational business collaborations in many domains, including also real-world assets (RWA). Consequently, decentralized application (DApp) platforms emerge that record collaboration-relevant data in an immutably traceable way. Such DA...

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Bibliographic Details
Published in:SN computer science 2024-10, Vol.5 (7), p.936, Article 936
Main Authors: Norta, Alexander, Udokwu, Chibuzor, Craß, Stefan
Format: Article
Language:English
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Summary:Blockchain technologies enable transparent and trusting inter-organizational business collaborations in many domains, including also real-world assets (RWA). Consequently, decentralized application (DApp) platforms emerge that record collaboration-relevant data in an immutably traceable way. Such DApps comprise smart contracts that automate the enforcement of defined business protocols and conditions in an environment without reliance on trusted centralized third parties. Accurate RWA identification must include the correlated parties together with their respective roles in public network inter-organizational collaborations (IoC) involving blockchain technologies. Still, enterprises tend to prefer permissioned networks for DApps due to privacy concerns and challenges related to user management. RWA related organizations and involved roles are exposed to contextual changes that demand secure, adaptable, and versatile authentication means before involving them in blockchain-enabled IoC processes. Given these factors, the paper explores the combination of the Logistics BDT DApp for RWA tracking together with the multifactor challenge set self-sovereign identity authentication (MFSSIA) for effective counterfeit circulation prevention. This combination comprises non-fungible token (NFT)-based RWA identity authentication as a running case. This running case involves a set of configurable challenges and integrates them into the existing DApp combination to manage trustable IoC processes.
ISSN:2661-8907
2662-995X
2661-8907
DOI:10.1007/s42979-024-03265-7