Related papers: Algorand
Distributed ledger technology such as blockchain is considered essential for supporting large numbers of micro-transactions in the Machine Economy, which is envisioned to involve billions of connected heterogeneous and decentralized…
In recent years, the advancement in modern technologies has experienced an explosion of huge data sets being captured and recorded in different fields, but also given rise to concerns the security and protection of data storage,…
Voting is a very important issue which can be beneficial in term of choosing the right leader in an election. A good leader can bring prosperity to a country and also can lead the country in the right direction every time. However,…
We introduce blockchains and distributed ledgers and describe their potential applications to money and banking. The analysis compares public and private ledgers and outlines the suitability of various types of ledgers for different…
The entry of new technological infrastructures into the financial markets poses serious concerns about the misuse of the economic system for illicit purposes, such as money laundering and financing of terrorism. Although there are cases in…
Public companies and institutional investors that hold Bitcoin face increasing pressure to show solvency, manage risk, and satisfy regulatory expectations without exposing internal wallet structures or trading strategies. This paper…
Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…
We present SmartShards: a new sharding algorithm for improving Byzantine tolerance and churn resistance in blockchains. Our algorithm places a peer in multiple shards to create an overlap. This simplifies cross-shard communication and shard…
Every API token you spend is your accumulated wealth; once you can prove its value and the effort behind it, you can resell it. As autonomous agents repeatedly call models and tools, they accumulate memories that are your intellectual…
A public-key cryptosystem, digital signature and authentication procedures based on a Gallager-type parity-check error-correcting code are presented. The complexity of the encryption and the decryption processes scale linearly with the size…
Audit logs serve as a critical component in the enterprise business systems that are used for auditing, storing, and tracking changes made to the data. However, audit logs are vulnerable to a series of attacks, which enable adversaries to…
Blockchains add transactions to a distributed shared ledger by arriving at consensus on sets of transactions contained in blocks. This provides a total ordering on a set of global transactions. However, total ordering is not enough to…
We discuss the problem of facilitating tax auditing assuming "programmable money", i.e., digital monetary instruments that are managed by an underlying distributed ledger. We explore how a taxation authority can verify the declared returns…
With the introduction of the term blockchain in 2008, its interest has been increasing in the community since the idea was coined. The reason for this interest is because it provides anonymity, security and integrity without any central…
The Bitcoin Network is a sophisticated accounting system that allows its underlying cryptocurrency to be trusted even in the absence of a reliable financial authority. Given its undeniable success, the technology, generally referred to as…
This paper presents a system architecture to promote the development of smart transportation systems. Thanks to the use of distributed ledgers and related technologies, it is possible to create, store and share data generated by users…
Active Learning (AL) is a machine learning technique where the model selectively queries the most informative data points for labeling by human experts. Integrating AL with crowdsourcing leverages crowd diversity to enhance data labeling…
Many studies have been done to improve the performance of centrally controlled business processes and enhance the integration between different parties of these collaborations. However, the most serious issues of collaborative business…
In this work, we investigate how the governance features of a managed currency (e.g., a fiat currency) can be built into a cryptocurrency in order to leverage potential benefits found in the use of blockchain technology and smart contracts.…
Cyberlogic is an enabling logical foundation for building and analyzing digital transactions that involve the exchange of digital forms of evidence. It is based on an extension of (first-order) intuitionistic predicate logic with an…