Decentralized Release of Self-emerging Data using Smart Contracts (1902.05623v1)

Abstract: In the age of Big Data, releasing protected sensitive data at a future point in time is critical for various applications. Such self-emerging data release requires the data to be protected until a prescribed data release time and be automatically released to the recipient at the release time, even if the data sender goes offline. While straight-forward centralized approaches provide a basic solution to the problem, unfortunately they are limited to a single point of trust and involve a single point of control. This paper presents decentralized techniques for supporting self-emerging data using smart contracts in Ethereum blockchain networks. We design a credible and enforceable smart contract for supporting self-emerging data release. The smart contract employs a set of Ethereum peers to jointly follow the proposed timed-release service protocol allowing the participating peers to earn the remuneration paid by the service users.We model the problem as an extensive-form game with imperfect information to protect against possible adversarial attacks including some peers destroying the private data (drop attack) or secretly releasing the private data before the release time (release-ahead attack). We demonstrate the efficacy and attack-resilience of the proposed techniques through rigorous analysis and experimental evaluation. Our implementation and experimental evaluation on the Ethereum official test network demonstrate the low monetary cost and the low time overhead associated with the proposed approach and validate its guaranteed security properties.