Scale-up of batch processes via decentralized control

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Decentralized storage networks offer services with intriguing possibilities to reduce inequalities in an extremely centralized market. Fair distribution of rewards, however, is still a persistent problem in the current generation of decentralized applicati ...

The recent geopolitical conflicts in Europe have underscored the vulnerability of the current energy system to the volatility of energy carrier prices. In the prospect of defining robust energy systems ensuring sustainable energy supply in the future, the ...

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Front-running, the practice of benefiting from advanced knowledge of pending transactions, has proliferated in the cryptocurrency space with the emergence of decentralized finance. Front-running causes devastating losses to honest participants-estimated at ...

Blockchain based systems allow various kinds of financial transactions to be executed in a decentralized manner. However, these systems often rely on a trusted third party (oracle) to get correct information about the real-world events, which trigger the f ...

Tendermint is a deterministic consensus protocol and is one of the most mature implementations of its kind. This implementation is used as the core for building State Machine Replication (SMR) platforms with Byzantine fault-tolerant (BFT) guarantees. A not ...

We study a canonical model of decentralized exchange for a durable good or asset, where agents are assumed to have time-varying, heterogeneous utility types. Whereas the existing literature has focused on the special case of two types, we allow agents' uti ...

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Data sharing has become of primary importance in many domains such as big-data analytics, economics and medical research, but remains difficult to achieve when the data are sensitive. In fact, sharing personal information requires individuals' unconditiona ...

This paper introduces a new algorithm for consensus optimization in a multi-agent network, where all agents collaboratively find a minimizer for the sum of their private functions. All decentralized algorithms rely on communications between adjacent nodes. ...

While showing great promise, smart contracts are difficult to program correctly, as they need a deep understanding of cryptography and distributed algorithms, and offer limited functionality, as they have to be deterministic and cannot operate on secret da ...

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Bias-resistant public randomness is a critical component in many (distributed) protocols. Existing solutions do not scale to hundreds or thousands of participants, as is needed in many decentralized systems. We propose two large-scale distributed protocols ...

Using data from two measurement networks, we analyse the following aspects of wind speeds over Switzerland to assess the possibility of high wind power penetration: spatial correlation, persistent low wind power conditions and the diurnal and seasonal wind ...

Current solutions for privacy-preserving data sharing among multiple parties either depend on a centralized authority that must be trusted and provides only weakest-link security (e.g., the entity that manages private/secret cryptographic keys), or leverag ...

This paper presents the comparison of decentralized and centralized market settings in terms of economic efficiencies, particularly price signals, and operating aspects. The decentralized dispatch consists of an energy auction separated from a contingency ...

Rental housing is increasingly becoming the key shelter option for the poor living in and moving into cities, including those living in informal settlements. The paper revisits the production of rental housing in informal settlements within the new contour ...

Scale-up of batch processes via decentralized control

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