Internet of quantum blockchains: security modeling and dynamic resource pricing for stable digital currency

TL;DR

This paper proposes a security model for the future Internet of quantum blockchains and introduces a dynamic pricing platform for stable digital currency, integrating quantum networking and FinTech innovations.

Contribution

It develops a quantum channel networking technology for security modeling and establishes a dynamic pricing IoB-based FinTech platform with a novel resource-competition policy.

Findings

Quantum security modeling using entanglement and QKD

Effective dynamic pricing policy validated by diffusion modeling

Integration of IoB with online trading and payment systems

Abstract

Internet of quantum blockchains (IoB) will be the future Internet. In this paper, we make two new contributions to IoB: developing a block based quantum channel networking technology to handle its security modeling in face of the quantum supremacy and establishing IoB based FinTech platform model with dynamic pricing for stable digital currency. The interaction between our new contributions is also addressed. In doing so, we establish a generalized IoB security model by quantum channel networking in terms of both time and space quantum entanglements with quantum key distribution (QKD). Our IoB can interact with general structured things (e.g., supply chain systems) having online trading and payment capability via stable digital currency and can handle vector-valued data streams requiring synchronized services. Thus, within our designed QKD, a generalized random number generator for private and public keys is proposed by a mixed zero-sum and non-zero-sum resource-competition pricing policy. The effectiveness of this policy is justified by diffusion modeling with approximation theory and numerical implementations.