Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges. (arXiv:2110.12534v2 [cs.CR] UPDATED)

In recent years, blockchain has gained widespread attention as an emerging
technology for decentralization, transparency, and immutability in advancing
online activities over public networks. As an essential market process,
auctions have been well studied and applied in many business fields due to
their efficiency and contributions to fair trade. Complementary features
between blockchain and auction models trigger a great potential for research
and innovation. On the one hand, the decentralized nature of blockchain can
provide a trustworthy, secure, and cost-effective …

applications auction blockchain challenges integration survey