Anonymous Blockchain-based System for Consortium

Abstract

Blockchain brings various advantages to online transactions. However, the total transparency of these transactions may leakage users' sensitive information. Requirements on both cooperation and anonymity for companies/organizations become necessary. In this paper, we propose a Multi-center Anonymous Blockchain-based (MAB) system, with joint management for the consortium and privacy protection for the participants. To achieve that, we formalize the syntax used by the MAB system and present a general construction based on a modular design. By applying cryptographic primitives to each module, we instantiate our scheme with anonymity and decentralization. Furthermore, we carry out a comprehensive formal analysis of the proposed solution. The results demonstrate our constructed scheme is secure and efficient.