SecuRES: Secure Resource Sharing System : AN INVESTIGATION INTO USE OF PUBLIC LEDGER TECHNOLOGY TO CREATE DECENTRALIZED DIGITAL RESOURCE-SHARING SYSTEMS

Abstract: The project aims at solving the problem of non-repudiation, integrity and confidentiality of data when digitally exchanging sensitive resources between parties that need to be able to trust each other without the need for a trusted third party. This is done in the framework of answering to what extent digital resources can be shared securely in a decentralized public ledger-based system compared to trust-based alternatives. A background of existing resource sharing solutions is explored which shows an abundance third party trust-based systems, but also an interest in public ledger solutions in the form of the Storj network which uses such technology, but focuses on storage rather than sharing. The proposed solution, called SecuRES, is a communication protocol based on public ledger technology which acts similar to Bitcoin. A prototype based on the protocol has been implemented which proves the ability to share encrypted files with one or several recipients through a decentralized public ledger-based network. It was concluded that the SecuRES solution could do away with the requirement of trust in third parties for all but some optional operations using external authentication services. This is done while still maintaining data integrity of a similar or greater degree to trust-based solutions and offers the additional benefits of non-repudiation, high confidentiality and high transparency from the ability to make source code and protocol documentation openly available without endangering the system. Further research is needed to investigate whether the system can scale up for widespread adoption while maintaining security and reasonable performance requirements.