Related papers: Augur: a decentralized oracle and prediction marke…
A peer-to-peer network, enabling different parties to jointly store and run computations on data while keeping the data completely private. Enigma's computational model is based on a highly optimized version of secure multi-party…
A prevalent assumption in auction theory is that the auctioneer has full control over the market and that the allocation she dictates is final. In practice, however, agents might be able to resell acquired items in an aftermarket. A…
Recent work on privacy-preserving machine learning has considered how data-mining competitions such as Kaggle could potentially be "hacked", either intentionally or inadvertently, by using information from an oracle that reports a…
The advent of Bitcoin, and consequently Blockchain, has ushered in a new era of decentralization. Blockchain enables mutually distrusting entities to work collaboratively to attain a common objective. However, current Blockchain…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
Lots of existing web applications include a component for rating internet resources (e.g., social media platforms include mechanisms for rating videos or posts). Based on the obtained rating, the most popular internet resources can generate…
Understanding the principles of consensus in communities and finding ways to optimal solutions beneficial for entire community becomes crucial as the speeds and scales of interaction in modern distributed systems increase. Such systems can…
Providing opinions through labeling of images, tweets, etc. have drawn immense interest in crowdsourcing markets. This invokes a major challenge of aggregating multiple opinions received from different crowd workers for deriving the final…
Many online platforms today (such as Amazon, Netflix, Spotify, LinkedIn, and AirBnB) can be thought of as two-sided markets with producers and customers of goods and services. Traditionally, recommendation services in these platforms have…
In the context of superintelligent AI systems, the term "oracle" has two meanings. One refers to modular systems queried for domain-specific tasks. Another usage, referring to a class of systems which may be useful for addressing the value…
Social participatory sensing is a newly proposed paradigm that tries to address the limitations of participatory sensing by leveraging online social networks as an infrastructure. A critical issue in the success of this paradigm is to…
With the rapidly growing demand for the cloud services, a need for efficient methods to trade computing resources increases. Commonly used fixed-price model is not always the best approach for trading cloud resources, because of its…
We study two-sided reputational bargaining with opportunities to issue an ultimatum -- threats to force dispute resolution. Each player is either a justified type, who never concedes and issues an ultimatum whenever an opportunity arrives,…
The emerging "agentic web" envisions large populations of autonomous agents coordinating, transacting, and delegating across open networks. Yet many agent communication and commerce protocols treat agents as low-cost identities, despite the…
Although both data availability and the demand for accurate forecasts are increasing, collaboration between stakeholders is often constrained by data ownership and competitive interests. In contrast to recent proposals within cooperative…
Prediction markets are useful for estimating probabilities of claims whose truth will be revealed at some fixed time -- this includes questions about the values of real-world events (i.e. statistical uncertainty), and questions about the…
Price stability has often been cited as a key reason that cryptocurrencies have not gained widespread adoption as a medium of exchange and continue to prove incapable of powering the economy of decentralized applications (DApps)…
With the emergence of decentralized finance, new trading mechanisms called Automated Market Makers have appeared. The most popular Automated Market Makers are Constant Function Market Makers. They have been studied both theoretically and…
AI Uncertainty Quantification (UQ) has the potential to improve human decision-making beyond AI predictions alone by providing additional probabilistic information to users. The majority of past research on AI and human decision-making has…
Blockchain-based cryptocurrencies prioritize transactions based on their fees, creating a unique kind of fee market. Empirically, this market has failed to yield stable equilibria with predictable prices for desired levels of service. We…