A market-based protocol with leasing support for globally distributed computing

We have developed JaWS, a Java-based Web computing system, which enables users to effortlessly export their machines in a global market of processing capacity to host remote computations (S. Lalis and A. Karipidis, 2000). Leases are used to promote dynamic task placement as well as fair compensation for the host providers. The authors present an updated protocol used by hosts and applications to interact with the JaWS market, through which resource allocation takes place. Although this work is carried out in the context of JaWS, it can also be applied to other market-based resource allocation frameworks.