SLA as a complementary currency in Peer-2-Peer markets

Petri, Ioan ORCID: https://orcid.org/0000-0002-1625-8247, Rana, Omer Farood ORCID: https://orcid.org/0000-0003-3597-2646 and Cosmin Silaghi, Gheorghe 2010. SLA as a complementary currency in Peer-2-Peer markets. Lecture Notes in Computer Science 6296 , pp. 141-152. 10.1007/978-3-642-15681-6_11

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Abstract

Service Level Agreements (SLAs) provide a basis for establishing contractually binding interactions within Peer-2-Peer systems. Such SLAs are particularly useful when considering interactions in environments with limited trust between participants. Complementary currencies, on the other hand, have proven to be useful for facilitating exchange among selfish peers. We identify how an SLA can itself be used as a complementary currency to encourage resource sharing between peers. Our work demonstrates how an SLA can be used as a medium of exchange and used to establish a market for computational resources. The value of an SLA can vary based on demand for particular types of resources. Simulate a process of trade we investigate several economic indicators qualified for their significance in small economies. We demonstrate how the economic benefit (in terms of profit and loss) evolves based on varying levels of deman

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Computer Science & Informatics
Subjects:	Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Additional Information:	Title of book: Economics of grids, clouds, systems and services: 7th International Workshop, GECON 2010, Ischia, Italy, August 31, 2010. Proceedings (ISBN: 9783642156809)
Publisher:	Springer Verlag
ISSN:	0302-9743
Last Modified:	20 Oct 2022 08:11
URI:	https://orca.cardiff.ac.uk/id/eprint/27542

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