Incentivising resource sharing in social clouds. (8th March 2013)
- Record Type:
- Journal Article
- Title:
- Incentivising resource sharing in social clouds. (8th March 2013)
- Main Title:
- Incentivising resource sharing in social clouds
- Authors:
- Punceva, Magdalena
Rodero, Ivan
Parashar, Manish
Rana, Omer. F.
Petri, Ioan - Other Names:
- Drira Khalil guestEditor.
Reddy Sumitra guestEditor.
Bientinesi Paolo guestEditor.
Herrero José R. guestEditor.
Quintana‐Ortí Enrique S. guestEditor.
Strzodka Robert guestEditor. - Abstract:
- Summary: Social Clouds provide the capability to share resources among participants within a social network—leveraging on the trust relationships already existing between such participants. In such a system, users are able to trade resources between each other rather than make use of capability offered at a (centralized) data center. Although such an environment has significant potential for improving resource utilization and making available additional capacity that remains dormant, incentives for sharing remain an important hurdle limiting its effective. In this paper, we utilize the socioeconomic model proposed by Silvio Gesell to demonstrate how a 'virtual currency' can be used to incentivise sharing of resources within a 'community'. We subsequently demonstrate, through simulations, the benefit provided to participants within such a community using a variety of economic (such as overall credits gained) and technical (number of successfully completed transactions) metrics. Further, we describe our implementation of such a Social Cloud using CometCloud. CometCloud is an autonomic computing engine for cloud and grid environments. It supports highly heterogeneous and dynamic federated cloud/Grid infrastructures, integration of public/private clouds and autonomic cloudbursts. We demonstrate the implementation of two designs on the basis of the master/worker approach: (i) one tuple space per cluster and (ii) one coordination tuple space and multiple transient spaces—one perSummary: Social Clouds provide the capability to share resources among participants within a social network—leveraging on the trust relationships already existing between such participants. In such a system, users are able to trade resources between each other rather than make use of capability offered at a (centralized) data center. Although such an environment has significant potential for improving resource utilization and making available additional capacity that remains dormant, incentives for sharing remain an important hurdle limiting its effective. In this paper, we utilize the socioeconomic model proposed by Silvio Gesell to demonstrate how a 'virtual currency' can be used to incentivise sharing of resources within a 'community'. We subsequently demonstrate, through simulations, the benefit provided to participants within such a community using a variety of economic (such as overall credits gained) and technical (number of successfully completed transactions) metrics. Further, we describe our implementation of such a Social Cloud using CometCloud. CometCloud is an autonomic computing engine for cloud and grid environments. It supports highly heterogeneous and dynamic federated cloud/Grid infrastructures, integration of public/private clouds and autonomic cloudbursts. We demonstrate the implementation of two designs on the basis of the master/worker approach: (i) one tuple space per cluster and (ii) one coordination tuple space and multiple transient spaces—one per each cluster. Finally, we discuss an extended version of our Social Cloud model where intermediary relay nodes take on more active roles as traders in a transaction. Copyright © 2013 John Wiley & Sons, Ltd. … (more)
- Is Part Of:
- Concurrency and computation. Volume 27:Number 6(2015:Apr.)
- Journal:
- Concurrency and computation
- Issue:
- Volume 27:Number 6(2015:Apr.)
- Issue Display:
- Volume 27, Issue 6 (2015)
- Year:
- 2015
- Volume:
- 27
- Issue:
- 6
- Issue Sort Value:
- 2015-0027-0006-0000
- Page Start:
- 1483
- Page End:
- 1497
- Publication Date:
- 2013-03-08
- Subjects:
- social clouds -- resource sharing -- trading markets
Parallel processing (Electronic computers) -- Periodicals
Parallel computers -- Periodicals
004.35 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/cpe.3009 ↗
- Languages:
- English
- ISSNs:
- 1532-0626
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3405.622000
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 4525.xml