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THE RECENT EVOLUTION OF SMART CONTRACTS AND THEIR FAST ADOPTION ALLOW TO RETHINK PROCESSES AND TO CHALLENGE TRADITIONAL STRUCTURES. THEREFORE, WE INTRODUCE THE UNDERLYING TECHNOLOGY AND RECENT IMPROVEMENTS. FURTHER, WE PROVIDE AN OVERVIEW OF HOW THE INSURANCE SECTOR MAY BE AFFECTED BY BLOCKCHAIN TECHNOLOGY AND SMART CONTRACTS. WE SHOW AN EXEMPLARY USE CASE AND EMPHASIZE CURRENT CHALLENGES AND LIMITATIONS IN THIS AREA.
CLOUD COMPUTING PROMISES ENHANCED FLEXIBILITY AND SUBSTANTIAL ECONOMIC
BENEFITS THROUGH THE ON-DEMAND LEASE OF IT RESOURCES. THESE TWO ASPECTS ARE STRONGLY INFLUENCED BY THE PRICING OF CLOUD RESOURCES. BASED ON A SAMPLE OF 48 INFRASTRUCTURE PROVIDERS, WE EXAMINE CURRENT PRICING SCHEMES IN THE CLOUD MARKET FROM A USER PERSPECTIVE.
OVER THE LAST DECADE, IT PROVISIONING VIA CLOUDS HAS BECOME A COMMON PRACTICE. MEANWHILE, COMPLEX SOFTWARE SERVICES WITH STRINGENT QUALITY OF SERVICE (QOS) REQUIREMENTS ARE DELIVERED BY CLOUD PROVIDERS OVER THE INTERNET. TO ACHIEVE A COST-EFFICIENT AND QOS-AWARE SERVICE PROVISIONING, THE SELECTION OF APPROPRIATE CLOUD RESOURCES IS A HIGHLY IMPORTANT TASK. IN THIS REPORT, WE OFFER CONCEPTS AND TOOLS TO SERVICE PROVIDERS FOR AN ACCELERATED RESOURCE SELECTION IN LARGE ENVIRONMENTS.
THE GROWING DEMAND FOR DIFFERENTIATED QUALITY OF SERVICE REQUIREMENTS OF VARIOUS MOBILE APPLICATIONS ESTABLISHES THE NEED FOR ELASTIC CLOUDLET RE SOURCE ALLOCATIONS. HERE, WE CONSIDER THE DYNAMIC OPTIMIZATION OF RESOURCE ALLOCATIONS IN REMOTE, AS WELL AS EDGE CLOUD INFRASTRUCTURES. WE CONSIDER TIME VARYING APPLICATION DEMANDS AND OPTIMIZE THE CLOUDLET RESOURCE ALLOCATION OVER A FINITE TIME HORIZON SHOWING THAT THE CORRESPONDING COMPUTATIONAL EFFORT IS REDUCED BY THREE ORDERS OF MAGNITUDE.
CLOUDS ARE INCREASINGLY BEING USED FOR THE DELIVERY OF COMPLEX SOFTWARE SERVICES WITH STRINGENT QUALITY OF SERVICE (QOS) DEMANDS. IN ORDER TO ACHIEVE COST-EFFICIENT PROVISION THROUGH THE UNDERLYING INFRASTRUCTURE, A SUITABLE SELECTION OF CLOUD DATA CENTERS IS REQUIRED. THIS REPORT PRESENTS A CORRESPONDING OPTIMIZATION APPROACH, WHICH IS SUITABLE FOR BOTH PRIVATE AND PUBLIC CLOUD SETTINGS.
