Blockchain token-driven cloud orchestration

Term DefinitionBlockchainA distributed ledger technology that records all transaction information.Smart ContractA self-executing contract deployed on a blockchain network.TokensA digital asset representing a certain value that can be traded on a blockchain network.Cloud Native Function (CNF)A software function designed for cloud environments.Application Service Mesh (ASM)A dedicated infrastructure layer for managing and connecting microservice applications.Network SliceA logical network that allocates network resources for specific needs.Network Slice OrchestratorA software component responsible for creating, managing, and terminating network slices.Slice CoinA token used to manage access to network slices.Consensus MechanismAn algorithm used in a blockchain network to validate and add new transactions.Externally Owned Account (EOA)A blockchain account controlled by a user.Contract AccountA blockchain account controlled by a smart contract.

Short Answer Question

What are the main features of blockchain technology?

Blockchain is a distributed, decentralized ledger technology with characteristics such as transparency, security, and immutability. It allows multiple parties to share and maintain a growing list of transaction records without relying on a central authority for verification.

What role do smart contracts play in a blockchain network?

Smart contracts are self-executing contracts deployed on blockchain networks, with their terms written directly into the code. They can automatically execute the terms of the agreement without the intervention of a third party, improving efficiency and transparency.

What is network slicing? Why is it important for 5G networks?

Network slicing is a logical network that allocates network resources for specific needs. Through network slicing, operators can provide customized network services for different application scenarios (such as high bandwidth, low latency, etc.) to meet the diverse needs of 5G applications.

What role does fragment coin play in network slicing management?

Fragment coin is a token used to manage access to network slices. Users can use fragment coins to purchase and use network slice resources, realizing refined management and trading of network resources.

Briefly describe the advantages of the P2P2P lending model.

The P2P2P lending model pools funds into a lending pool and uses smart contracts to automatically match lending needs, improving lending efficiency. It can also reduce transaction costs and provide more flexible lending options for both borrowers and lenders.

Explain how to issue cashbacks and discounts using smart contracts.

Merchants can write cashback and discount rules into smart contracts. When a user trades using a coupon code that meets the conditions, the smart contract automatically triggers a cashback or discount and transfers the corresponding tokens to the user's account.

Briefly describe the functions of BBMF (Bulletin Board Message Framework).

BBMF is a distributed messaging framework that allows smart contracts and other system components to communicate by publishing and subscribing messages. It can be used to update and share data in real time, improving the efficiency and responsiveness of the system.

Explain how the BENASM (Blockchain-Enabled Network and Application Service Mesh) architecture enhances security.

BENASM implements security features such as authentication, access control, and data integrity by integrating blockchain technology into the service mesh. It can help build a more secure and reliable cloud-native network.

What are hyperchains and subchains? How are they used for multi-layer protection?

A hyperchain is a blockchain network that connects multiple subchains. Subchains can be customized to achieve multi-layer protection based on different security and performance requirements.

What role does the fragment coin orchestrator play in the management of network slices based on fragment coins?

The fragment coin orchestrator is responsible for managing fragment coins, processing user requests to purchase and use fragment coins, and dynamically allocating network resources based on the usage of fragment coins.