Computing resources market in grid and cloud based on contract management

Yinghua Sun*, Zhehui Wu, Guanfeng Liu, Zhenkuan Pan

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contributionpeer-review

Abstract

With the development of information technologies and the popularity of on-line shopping, a special market where people can trade computing resources easily and safely has been focused on recently. The architecture of such a market in economic Grid environment is overall presented and discussed in this paper. Some efficient management mechanisms, including contract constrain, third-party depository service, dynamic reputation evaluation and dynamic price fluctuation, are employed into this market and proved to be important roles in regulating trading activities and keeping the market in healthy operations. Furthermore, the computing resources market in Cloud environment is also proposed and preliminarily discussed in this paper.

Original languageEnglish
Title of host publicationProceedings - 9th IEEE International Conference on E-Business Engineering, ICEBE 2012
Pages308-312
Number of pages5
DOIs
Publication statusPublished - 2012
Event9th IEEE International Conference on E-Business Engineering, ICEBE 2012, Including, SOAIC 2012, EM2I 2012, SOKMBI 2012, ASOC 2012 - Hangzhou, China
Duration: 9 Sep 201211 Sep 2012

Other

Other9th IEEE International Conference on E-Business Engineering, ICEBE 2012, Including, SOAIC 2012, EM2I 2012, SOKMBI 2012, ASOC 2012
CountryChina
CityHangzhou
Period9/09/1211/09/12

Keywords

  • Computing Resources Market in Cloud
  • Computing Resources Market in Grid
  • Contract Management
  • Price Fluctuation
  • Reputation Evaluation
  • Third-party depository service

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