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Frontiers of Engineering Management

2020, Volume 7,  Issue 4, Pages 592-604
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    Data sharing mechanism of various mineral resources based on blockchain

    Research Institute of Petroleum Exploration & Development, Beijing 100083, China

    Received:2020-07-24 Accepted: 2020-09-11 Available online:2020-09-11
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    10.1007/s42524-020-0132-2
    Cite this article
    Yili REN, Jia LIANG, Jian SU, Gang CAO, He LIU.Data sharing mechanism of various mineral resources based on blockchain[J].Frontiers of Engineering Management,2020,7(4):592-604.

    Abstract

    Basins with various mineral resources coexisting and enriching often occupy an important strategic position. The exploration of various mineral resources is repetitive at present due to unshared data and imperfect management mechanism. This situation greatly increases the cost of energy exploitation in the country. Traditional data-sharing mode has several disadvantages, such as high cost, difficulty in confirming the right of data, and lack of incentive mechanism, which make achieving real data sharing difficult. In this paper, we propose a data-sharing mechanism based on blockchain and provide implementation suggestions and technical key points. Compared with traditional data-sharing methods, the proposed data-sharing mechanism can realize data sharing, ensure data quality, and protect intellectual property. Moreover, key points in the construction are stated in the case study section to verify the feasibility of the data-sharing system based on blockchain proposed in this paper.

    Keywords

    data sharing ; blockchain ; various mineral resources ; collaborative exploration ; big data
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