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Blockchain Lab at NC State
Blockchain Lab at NC State
The Blockchain Lab within the Edward P. Fitts Department of Industrial and Systems Engineering (ISE) at North Carolina State University is a leading research center dedicated to advancing blockchain technology and its practical applications. The lab focuses on developing secure, decentralized, and tamper-proof systems that enable participants to verify digital events with certainty by storing them in immutable public ledgers. By eliminating reliance on centralized authorities, the lab’s work supports the transition to an open and scalable digital economy.
Leadership and Impact
Leadership and Impact
The lab is directed by Dr. Hong Wan, an Associate Professor at NC State ISE, whose research spans blockchain, simulation modeling, supply chain management, AI, and big data analytics. Dr. Wan’s work includes risk assessment in blockchain, secure IoT networks, and real-time analytics for fraud detection, with applications across healthcare, finance, and military domains
Core Research Areas
Core Research Areas
1. Blockchain Simulation and Risk Assessment
The lab applies advanced simulation methodologies, including discrete-event and agent-based models, to analyze blockchain systems.
Vulnerability and risk assessment
Sensitivity analysis of blockchain performance
Introducing stochastic components to test system volatility
2. Blockchain for IoT and Supply Chain Management
Recognizing the transformative potential of blockchain in the Internet of Things (IoT) and supply chains, the lab investigates:
Secure mesh networks for IoT devices
Solutions for device spoofing and impersonation threats
Game-theoretic and market-structure analyses to determine when blockchain is most effective
3. Blockchain for Big Data and Artificial Intelligence
Blockchain’s decentralized nature offers new paradigms for big data and AI, including:
Edge computing with distributed AI model training
Real-time analytics for applications like fraud detection in banking, leveraging blockchain’s comprehensive transaction records
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