Optimal Auction For Edge Computing Resource Management in Mobile Blockchain Networks: A Deep Learning Approach
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Abstract (arXiv)
Blockchain has recently been applied in many applications such as bitcoin, smart grid, and Internet of Things (IoT) as a public ledger of transactions. However, the use of blockchain in mobile environments is still limited because the mining process consumes too much computing and energy resources on mobile devices. Edge computing offered by the Edge Computing Service Provider can be adopted as a viable solution for offloading the mining tasks from the mobile devices, i.e., miners, in the mobile blockchain environment. However, a mechanism needs to be designed for edge resource allocation to maximize the revenue for the Edge Computing Service Provider and to ensure incentive compatibility and individual rationality is still open. In this paper, we develop an optimal auction based on deep learning for the edge resource allocation. Specifically, we construct a multi-layer neural network architecture based on an analytical solution of the optimal auction. The neural networks first perform monotone transformations of the miners' bids. Then, they calculate allocation and conditional payment rules for the miners. We use valuations of the miners as the data training to adjust parameters of the neural networks so as to optimize the loss function which is the expected, negated revenue of the Edge Computing Service Provider. We show the experimental results to confirm the benefits of using the deep learning for deriving the optimal auction for mobile blockchain with high revenue
Key facts. Cited by 8 papers in the map (data through 7 Oct 2026). First posted on arXiv 8 Nov 2017.
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Citing papers per year: 2021: 2; 2022: 3; 2023: 2; 2024: 1.
8 papers.
- 2022A Context-Integrated Transformer-Based Neural Network for Auction Designcited by 19
- 2021Neural Myerson Auction for Truthful and Energy-Efficient Autonomous Aerial Data Deliverycited by 2
- 2022Economics of Semantic Communication System: An Auction Approachcited by 2
- 2021A Survey of Online Auction Mechanism Design Using Deep Learning Approachescited by 1
- 2022When Quantum Information Technologies Meet Blockchain in Web 3.0cited by 1
- 2023A Survey of Blockchain, Artificial Intelligence, and Edge Computing for Web 3.0cited by 1
- 2023Two Tales of Platoon Intelligence for Autonomous Mobility Control: Enabling Deep Learning Recipescited by 0
- 2024Deep Learning Meets Mechanism Design: Key Results and Some Novel Applicationscited by 0
- 2024Deep Learning Meets Mechanism Design: Key Results and Some Novel Applications11 Jan 2024
- 2023A Survey of Blockchain, Artificial Intelligence, and Edge Computing for Web 3.022 Nov 2023
- 2023Two Tales of Platoon Intelligence for Autonomous Mobility Control: Enabling Deep Learning Recipes19 Jul 2023
- 2022When Quantum Information Technologies Meet Blockchain in Web 3.029 Nov 2022
- 2022Economics of Semantic Communication System: An Auction Approach2 Aug 2022
- 2022A Context-Integrated Transformer-Based Neural Network for Auction Design29 Jan 2022
- 2021Neural Myerson Auction for Truthful and Energy-Efficient Autonomous Aerial Data Delivery29 Dec 2021
- 2021A Survey of Online Auction Mechanism Design Using Deep Learning Approaches11 Oct 2021