IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i17p11026-d906151.html
   My bibliography  Save this article

Research on Convergence Media Consensus Mechanism Based on Blockchain

Author

Listed:
  • Hongbin Hu

    (State Key Laboratory of Media Convergence and Communication, Communication University of China, Beijing 100024, China)

  • Yongbin Wang

    (State Key Laboratory of Media Convergence and Communication, Communication University of China, Beijing 100024, China)

Abstract

In recent years, the media industry has achieved rapid development and experienced three development stages from traditional media to new media and then to the current convergence media. Convergence media has brought about great changes in content production, communication mechanism, operation and maintenance management, but also brought about problems such as declining credibility of the industry, difficulty in confirming content rights, difficulty in protecting user privacy, etc. Research on convergence media based on blockchain can make use of the characteristics of blockchain to design or optimize the media industry. In this paper, we introduced the development of convergence media, blockchain and consensus mechanism, then we described a sustainable convergence media ecology based on blockchain. Furthermore, we designed and implemented a consensus mechanism named proof of efficiency (PoE). After analysis, PoE can provide high security and resist 51% resource attack, sybil attack, etc. The experimental results show that PoE has the characteristics of decentralization, strong consistency, low energy consumption, short average block generation time, high throughput and short block confirmation time; the consensus results of PoE can reflect the node’s ecological characteristics in convergence media which can stimulate the activity of nodes and better solve the generation of the Matthew effect.

Suggested Citation

  • Hongbin Hu & Yongbin Wang, 2022. "Research on Convergence Media Consensus Mechanism Based on Blockchain," Sustainability, MDPI, vol. 14(17), pages 1-27, September.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:17:p:11026-:d:906151
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/17/11026/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/17/11026/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Faris A. Almalki & Maha Aljohani & Merfat Algethami & Ben Othman Soufiene, 2022. "Incorporating Drone and AI to Empower Smart Journalism via Optimizing a Propagation Model," Sustainability, MDPI, vol. 14(7), pages 1-24, March.
    2. Camilla Salvatore & Silvia Biffignandi & Annamaria Bianchi, 2021. "Social Media and Twitter Data Quality for New Social Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 156(2), pages 601-630, August.
    3. Mao‐Lung Huang & Shu‐Yi Liao & Kuo‐Chin Lin, 2015. "Augmented Half‐Life Estimation Based on High‐Frequency Data," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 34(7), pages 523-532, November.
    4. Ningning Zhou & Guofang Huang & Suyang Zhong, 2018. "Big Data Validity Evaluation Based on MMTD," Mathematical Problems in Engineering, Hindawi, vol. 2018, pages 1-6, June.
    5. Aiya Li & Xianhua Wei & Zhou He, 2020. "Robust Proof of Stake: A New Consensus Protocol for Sustainable Blockchain Systems," Sustainability, MDPI, vol. 12(7), pages 1-15, April.
    6. Giovanni Luca Ciampaglia, 2018. "Fighting fake news: a role for computational social science in the fight against digital misinformation," Journal of Computational Social Science, Springer, vol. 1(1), pages 147-153, January.
    7. Ying Zhang & Wenwen Luo & Feifei Yu, 2020. "Construction of Chinese Smart Water Conservancy Platform Based on the Blockchain: Technology Integration and Innovation Application," Sustainability, MDPI, vol. 12(20), pages 1-16, October.
    8. Morkunas, Vida J. & Paschen, Jeannette & Boon, Edward, 2019. "How blockchain technologies impact your business model," Business Horizons, Elsevier, vol. 62(3), pages 295-306.
    9. Zhu, Shuai & Song, Malin & Lim, Ming Kim & Wang, Jianlin & Zhao, Jiajia, 2020. "The development of energy blockchain and its implications for China's energy sector," Resources Policy, Elsevier, vol. 66(C).
    10. Hwanho Choi, 2018. "Broadcasting and Telecommunications Industries in the Convergence Age: Toward a Sustainable Public-Centric Public Interest," Sustainability, MDPI, vol. 10(2), pages 1-15, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kumar, Sourabh & Barua, Mukesh Kumar, 2023. "Exploring the hyperledger blockchain technology disruption and barriers of blockchain adoption in petroleum supply chain," Resources Policy, Elsevier, vol. 81(C).
    2. Huang, Lingyu & Zhou, Tingyuan, 2024. "How does blockchain technology enhance firm operation and cooperation?," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 34-49.
    3. Lulwah AlSuwaidan & Nuha Almegren, 2020. "Validating the Adoption of Heterogeneous Internet of Things with Blockchain," Future Internet, MDPI, vol. 12(6), pages 1-17, June.
    4. Linlin Zheng & Yashi Dong & Jineng Chen & Yuyi Li & Wenzhuo Li & Miaolian Su, 2022. "Impact of Crisis on Sustainable Business Model Innovation—The Role of Technology Innovation," Sustainability, MDPI, vol. 14(18), pages 1-28, September.
    5. Stefano D’Angelo & Angelo Cavallo & Antonio Ghezzi & Francesco Di Lorenzo, 2024. "Understanding corporate entrepreneurship in the digital age: a review and research agenda," Review of Managerial Science, Springer, vol. 18(12), pages 3719-3774, December.
    6. Büttgen, Marion & al.,, 2021. "Blockchain in Service Management and Service Research - Developing a Research Agenda and Managerial Implications," SMR - Journal of Service Management Research, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 5(2), pages 71-102.
    7. Roger D. Magarey & Christina M. Trexler, 2020. "Information: a missing component in understanding and mitigating social epidemics," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-11, December.
    8. Mahmoona Khalil & Kausar Fiaz Khawaja & Muddassar Sarfraz, 2022. "The adoption of blockchain technology in the financial sector during the era of fourth industrial revolution: a moderated mediated model," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2435-2452, August.
    9. Zhang Zhen & Zahid Yousaf & Magdalena Radulescu & Muhammad Yasir, 2021. "Nexus of Digital Organizational Culture, Capabilities, Organizational Readiness, and Innovation: Investigation of SMEs Operating in the Digital Economy," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    10. Eunji Oh & M. Minsuk Shin, 2020. "Study Abroad in Support of Higher Education Sustainability: An Application of Service Trade Strategies," Sustainability, MDPI, vol. 12(6), pages 1-23, March.
    11. Raphaël Maucuer & Alexandre Renaud & Sébastien Ronteau & Laurent Muzellec, 2022. "What can we learn from marketers? A bibliometric analysis of the marketing literature on business model research," Post-Print hal-03718522, HAL.
    12. Yahia Baashar & Gamal Alkawsi & Ammar Ahmed Alkahtani & Wahidah Hashim & Rina Azlin Razali & Sieh Kiong Tiong, 2021. "Toward Blockchain Technology in the Energy Environment," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
    13. Oscar Lage & María Saiz-Santos & José Manuel Zarzuelo, 2022. "Decentralized platform economy: emerging blockchain-based decentralized platform business models," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(3), pages 1707-1723, September.
    14. Tobias Blanke & Tommaso Venturini, 2022. "A network view on reliability: using machine learning to understand how we assess news websites," Journal of Computational Social Science, Springer, vol. 5(1), pages 69-88, May.
    15. Camilla Salvatore & Silvia Biffignandi & Annamaria Bianchi, 2022. "Corporate Social Responsibility Activities Through Twitter: From Topic Model Analysis to Indexes Measuring Communication Characteristics," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1217-1248, December.
    16. Abderahman Rejeb & Karim Rejeb & John G. Keogh & Suhaiza Zailani, 2022. "Barriers to Blockchain Adoption in the Circular Economy: A Fuzzy Delphi and Best-Worst Approach," Sustainability, MDPI, vol. 14(6), pages 1-23, March.
    17. Eui-Yul Choi, 2022. "The Mediating Role of Interaction Between Watching Motivation and Flow of Sports Broadcasting in Multi-Channel Network," SAGE Open, , vol. 12(1), pages 21582440211, January.
    18. Latan, Hengky & Lopes de Sousa Jabbour, Ana Beatriz & Sarkis, Joseph & Chiappetta Jabbour, Charbel Jose & Ali, Murad, 2024. "The nexus of supply chain performance and blockchain technology in the digitalization era: Insights from a fast-growing economy," Journal of Business Research, Elsevier, vol. 172(C).
    19. Chohan, Raeesah & Paschen, Jeannette, 2023. "NFT marketing: How marketers can use nonfungible tokens in their campaigns," Business Horizons, Elsevier, vol. 66(1), pages 43-50.
    20. Thomas Puschmann & Christian Hugo Hoffmann & Valentyn Khmarskyi, 2020. "How Green FinTech Can Alleviate the Impact of Climate Change—The Case of Switzerland," Sustainability, MDPI, vol. 12(24), pages 1-30, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:17:p:11026-:d:906151. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.