InfoSys 2025 Congress
March 09, 2025 to March 13, 2025 - Lisbon, Portugal

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March 09, 2025 to March 13, 2025 - Lisbon, Portugal

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DataSys 2025 Congress
April 06, 2025 to April 10, 2025 - Valencia, Spain

  • AICT 2025, The Twenty-Second Advanced International Conference on Telecommunications
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April 06, 2025 to April 10, 2025 - Valencia, Spain

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  • COGNITIVE 2025, The Seventeenth International Conference on Advanced Cognitive Technologies and Applications
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May 18, 2025 to May 22, 2025 - Nice, France

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May 18, 2025 to May 22, 2025 - Nice, France

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IARIA Congress 2025, The 2025 IARIA Annual Congress on Frontiers in Science, Technology, Services, and Applications
July 06, 2025 to July 10, 2025 - Athens, Greece

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July 06, 2025 to July 10, 2025 - Athens, Greece

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September 28, 2025 to October 02, 2025 - Lisbon, Portugal

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SoftNet 2025 Congress
September 28, 2025 to October 02, 2025 - Lisbon, Portugal

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SocSys 2025 Congress
October 26, 2025 to October 30, 2025 - Barcelona, Spain

NetWare 2025 Congress
October 26, 2025 to October 30, 2025 - Barcelona, Spain

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  • FASSI 2025, The Eleventh International Conference on Fundamentals and Advances in Software Systems Integration
  • GREEN 2025, The Tenth International Conference on Green Communications, Computing and Technologies
  • HEALTHINFO 2025, The Tenth International Conference on Informatics and Assistive Technologies for Health-Care, Medical Support and Wellbeing

TechWorld 2025 Congress
October 26, 2025 to October 30, 2025 - Barcelona, Spain

 


ThinkMind // CLOUD COMPUTING 2018, The Ninth International Conference on Cloud Computing, GRIDs, and Virtualization // View article cloud_computing_2018_2_40_28014


Could Block Chain Technology Help Resolve the Cloud Forensic Problem?

Authors:
Yuan Zhao
Bob Duncan

Keywords: Cloud forensic problem; GDPR; Blockchain/bitcoin technology.

Abstract:
Many cloud users are blindly heading into a potentially devastating regulatory disaster zone. Given the shortcomings of the cloud due to the cloud forensic problem, this is likely to mean many cloud users will be unable to be compliant with the forthcoming EU General Data Protection Regulation when it comes into effect on 25th May, 2018. We consider the possible use of a crypto-currency based mechanism to address the as yet unsolved cloud forensic problem. Crypto-currencies are becoming a global phenomenon, and gaining more attention from media, venture capitalists, financial and government institutions. We focus on the operational risk and the market risk related to crypto-currencies, especially the dominating Bitcoin. The operational risk encompasses the actions that undermine the technological infrastructure and security assumptions of crypto-currencies. We discuss how the implementation of block chain technology could improve the efficiency of financial infrastructure, as well as the inevitable vulnerabilities of operational risk of software, open-source governance, and code maintenance. The market risk associated with crypto-currencies denotes the fluctuation in the exchange rate between crypto-currency and other currencies or financial asset classes. We summarise the literature findings on the co-movement of crypto-currencies with different currencies, indices, and commodities, to show the role of crypto-currency as a commodity, currency, or a speculative investment under portfolio diversification theory. In the light of the robustness of this approach, we consider whether the underlying block chain technology could, in turn, be practically applied to addressing the cloud forensic problem. This paper looks at the pros and cons of the blockchain/bitcoin approach, the potential benefits offered versus the additional resource costs involved, the increased latency necessarily introduced and considers whether there is any mileage in using such an approach to secure cloud forensic trails.

Pages: 39 to 44

Copyright: Copyright (c) IARIA, 2018

Publication date: February 18, 2018

Published in: conference

ISSN: 2308-4294

ISBN: 978-1-61208-607-1

Location: Barcelona, Spain

Dates: from February 18, 2018 to February 22, 2018

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