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With the advent of Software Defined Networking (SDN) and Network Function Virtualization (NFV) technologies, the networking infrastructures are becoming increasingly agile in their attempts to offer the quality of services needed by the users, maximizing the efficiency of infrastructure utilization. This in essence mandates the statistical multiplexing of demands across the infrastructures of different Network Providers (NPs), which would allow them to cope with the increasing demand, upgrading their infrastructures at a slower pace. However, to enjoy the benefits of statistical multiplexing, a trusted authority to govern it would be required. At the same time, blockchain technology aspires to offer a solid advantage in such untrusted environments, enabling the development of decentralized solutions that ensure the integrity and immutability of the information stored in the digital ledger. To this end, in this paper, we propose a blockchain-based solution that allows NPs to trade their (processing and networking) resources. We implemented the solution in a test-bed deployed on the cloud and we present the gathered performance results, showing that a blockchain-based solution is feasible and appropriate. We also discuss further improvements and challenges. [ABSTRACT FROM AUTHOR]

5G is considered to be the technology that will accommodate the development and management of innovative services with stringent and diverse requirements from end users, calling for new business models from the industry. In this context, the development and efficient management of Network Services (NS) serving specific vertical industries and spanning across multiple administrative domains and heterogeneous infrastructures is challenging. The main challenges regard the efficient provision of NSs considering the Quality of Service (QoS) requirements per vertical industry along with the optimal usage of the allocated resources. Towards addressing these challenges, this paper details an innovative approach that we have developed for managing and orchestrating such NSs, called SONATA, and compare it with OSM and Cloudify, which are two of the most known open-source Management and Orchestration (MANO) frameworks. In addition to examining the supported orchestration mechanisms per MANO framework, an evaluation of main operational and functional KPIs is provided based on experimentation using a real testbed. The final aim is the identification of their strong and weak points, and the assessment of their suitability for serving diverse vertical industry needs, including of course the Internet of Things (IoT) service ecosystem. [ABSTRACT FROM AUTHOR]