Semantic Web and blockchain technologies: Convergence, challenges and research trends
Citation:
Shkembi K, Kochovski P, Papaioannou TG, Barelle C, Stankovski V. Semantic Web and blockchain technologies: Convergence, challenges and research trends. Journal of Web Semantics [Internet]. 2023;100809.
In recent years, on the one hand, we have witnessed the rise of blockchain technology, which has led to better transparency, traceability, and therefore, trustworthy exchange of digital assets among different actors. On the other hand, achieving trustworthy content exchange has been one of the primary objectives of the Semantic Web, part of the World Wide Web Consortium. Semantic Web and blockchain technologies are the fundamental building blocks of Web3 (the third version of the Internet), which aims to link data through a decentralized approach. Blockchain provides a decentralized and secure framework for users to safeguard their data and take control over their data and Web3 experiences. However, developing trustworthy decentralized applications (Dapps) is a challenge because many blockchain-based functionalities must be developed from scratch, and combined with data semantics to open new innovative opportunities. In this survey paper, we explore the cross-cutting domain of the Semantic Web and blockchain and identify the critical building blocks required to achieve trust in the Next-Generation Internet. The application domains that could benefit from these technologies are also investigated. We developed a deep analysis of the published literature between 2015 and 2023. We performed our analysis in different digital libraries (e.g., Elsevier, IEEE, ACM), and as a result of our research, we retrieved 137 papers, of which 97 were retrieved as relevant to include in the paper. Furthermore, we studied several aspects (e.g., network type, transactions per second) of existing blockchain platforms. Semantic Web and blockchain technologies can be used to realize a verification and certification process for data quality. Examples of mechanisms to achieve this are the Decentralized Identities of the Semantic Web or the various blockchain consensus protocols that help achieve decentralization and realize democratic principles. Therefore, Semantic Web and blockchain technologies should be combined to achieve trust in the highly decentralized, semantically complex, and dynamic environments needed to build smart applications of the future.
