Virtual resource booking with market instruments for telecommunication

Current telecommunication trends are influenced by Network Function Virtualization and Software Defined Networks which aim to create elastic networks. Furthermore, new constraints are emerging like ultra-low (~1ms) latency which requires geographically/topologically optimized solutions in relation of the communication path between the infrastructure and the end-users. In this context, the Multi-Access Edge Computing (MEC) concept allows to put computing resources as close as possible to the actual places of application. However, current networks are fragmented from countries/regions point of view, so there should be new ways to move service endpoints as close as possible to the users across countries e.g., in roaming situations. There are ways which ensure inter-provider resource instantiation. This is also a resource booking problem and this paper proposes a method known from stock exchanges to manage resource allocation concerning the location and time of the demand.