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Electronic invoicing is another area where blockchain technology is being used. Additionally, it has the power to alter how payments are made, invoices are issued, and transactions are validated. Using a blockchain-based invoicing system…

Cryptography and Security · Computer Science 2023-09-08 Nikhil Sontakke , Shivansh Rastogi , Sejal Utekar , Shriraj Sonawane

By comparing cryptocurrencies with other existing payment methods, including banknotes and bank cards, it is clear that the use of Bitcoin and its competitors (Ethereum, \dots) is almost insignificant in world trade. We may also note that…

Cryptography and Security · Computer Science 2018-06-18 Amadou Moctar Kane

Different versions of peer-to-peer electronic cash exist as data represented by separate blockchains. Payments between such systems cannot be sent directly from one party to another without going through a financial institution. Bitcoin…

Cryptography and Security · Computer Science 2016-09-12 S. Matthew English , Fabrizio Orlandi , Soeren Auer

We study the problem of preventing double spending in electronic payment schemes in a distributed fashion. This problem occurs, for instance, when the spending of electronic coins needs to be controlled by a large collection of nodes (eg.…

Cryptography and Security · Computer Science 2008-02-07 Jaap-Henk Hoepman

Payment platforms have significantly evolved in recent years to keep pace with the proliferation of online and cashless payments. These platforms are increasingly aligned with online social networks, allowing users to interact with each…

Social and Information Networks · Computer Science 2022-10-21 Laura Arditti , Martino Trevisan , Luca Vassio , Alberto De Lazzari , Alberto Danese

Blockchain is currently one of the fastest-growing technologies in the field of Computer Science. It has found a prevalent use in financial applications like cryptocurrency, for example, Bitcoin and Ethereum. They have been able to bring an…

Cryptography and Security · Computer Science 2021-07-30 Keenu Chandra , Maroof Mushtaq , Nalini N

In the area of blockchains, a wallet is anything that manages the access to cryptocurrencies and tokens. Off-chain wallets appear in different forms, from paper wallets to hardware wallets to dedicated wallet apps, while on-chain wallets…

Cryptography and Security · Computer Science 2021-04-06 Monika di Angelo , Gernot Salzer

Payment channels allow transactions between participants of the blockchain to be executed securely off-chain, and thus provide a promising solution for the scalability problem of popular blockchains. We study the online network design…

Data Structures and Algorithms · Computer Science 2019-08-02 Georgia Avarikioti , Kenan Besic , Yuyi Wang , Roger Wattenhofer

Cloud computing platform gives people the opportunity for sharing resources, services and information among the people of the whole world. In private cloud system, information is shared among the persons who are in that cloud. Presently,…

Distributed, Parallel, and Cluster Computing · Computer Science 2013-04-26 Kawser Wazed Nafi , Tonny Shekha Kar , Amjad Hossain , M. M. A Hashem

Device-to-Device (D2D) communication is offering smart phone users a choice to share files with each other without communicating with the cellular network. In this paper, we discuss the behaviors of two characters in the D2D data…

Networking and Internet Architecture · Computer Science 2020-08-06 Jingjing Wang , Chunxiao Jiang , Zhi Bie , Tony Q. S. Quek , Yong Ren

Nowadays, mobile banking becomes a popular tool which consumers can conduct financial transactions such as shopping, monitoring accounts balance, transferring funds and other payments. Consumers dependency on mobile needs, make people take…

Cryptography and Security · Computer Science 2018-09-17 Dea Saka Kurnia Putra , Mohamad Ali Sadikin , Susila Windarta

Previous Web access authentication systems often use either the Web or the Mobile channel individually to confirm the claimed identity of the remote user. This paper proposes a new protocol using multifactor authentication system that is…

Cryptography and Security · Computer Science 2011-11-15 Ayu Tiwari , Sudip Sanyal , Ajith Abraham , Svein Johan Knapskog , Sugata Sanyal

This paper highlights the necessity to use modern blockchain technology in traditional banking sector to reduce frauds and enable high-security transactions on a permanent blockchain ledger. Reviewing different channels through which the…

Cryptography and Security · Computer Science 2022-06-10 Rishav Kumar

People and companies move money with every financial transaction they make. We aim to understand how such activity gives rise to large-scale patterns of monetary flow. In this work, we trace the movement of e-money through the accounts of a…

Physics and Society · Physics 2019-10-15 Carolina Mattsson

The successful amalgamation of cryptocurrency and consumer Internet of Things (IoT) devices can pave the way for novel applications in machine-to-machine economy. However, the lack of scalability and heavy resource requirements of initial…

Cryptography and Security · Computer Science 2021-02-05 Suat Mercan , Ahmet Kurt , Enes Erdin , Kemal Akkaya

Digital money tokens have attracted the attention of financial institutions, central banks, regulators, international associations and fintechs. Their research and experimentation with digital money tokens has included creating innovative…

Computers and Society · Computer Science 2020-08-26 Shreepad Shukla

In this paper, we propose a technique for rebalancing link weights in decentralized credit networks. Credit networks are peer-to-peer trust-based networks that enable fast and inexpensive cross-currency transactions compared to traditional…

Cryptography and Security · Computer Science 2020-03-10 Lalitha Muthu Subramanian , Roopa Vishwanathan , Kartick Kolachala

The no-cloning property of quantum mechanics allows unforgeability of quantum banknotes and credit cards. Quantum credit card protocols involve a bank, a client and a payment terminal, and their practical implementation typically relies on…

Quantum Physics · Physics 2019-02-28 Mathieu Bozzio , Eleni Diamanti , Frédéric Grosshans

Money transfer is an abstraction that realizes the core of cryptocurrencies. It has been shown that, contrary to common belief, money transfer in the presence of Byzantine faults can be implemented in asynchronous networks and does not…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-07-28 Oded Naor , Idit Keidar

We propose the idea of a Quantum Cheque Scheme, a cryptographic protocol in which any legitimate client of a trusted bank can issue a cheque, that cannot be counterfeited or altered in anyway, and can be verified by a bank or any of its…

Quantum Physics · Physics 2022-10-20 Subhayan Roy Moulick , Prasanta K. Panigrahi