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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…

Mathematical Finance · Quantitative Finance 2017-03-07 Alexander Lipton

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…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-28 Zuhaib Akhtar

Access control is a crucial part of a system's security, restricting what actions users can perform on resources. Therefore, access control is a core component when dealing with e-Health data and resources, discriminating which is available…

Cryptography and Security · Computer Science 2019-04-15 João Pedro Dias , Luís Reis , Hugo Sereno Ferreira , Ângelo Martins

Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-27 Maurice Herlihy , Mark Moir

We propose LazyLedger, a design for distributed ledgers where the blockchain is optimised for solely ordering and guaranteeing the availability of transaction data. Responsibility for executing and validating transactions is shifted to only…

Cryptography and Security · Computer Science 2019-06-11 Mustafa Al-Bassam

Public Cloud Computing has become a fundamental part of modern IT infrastructure as its adoption has transformed the way businesses operate. However, cloud security concerns introduce new risks and challenges related to data protection,…

Cryptography and Security · Computer Science 2024-08-31 Patil Pratik Vijaykumar , Prerna Tulsiani , Sunil Mane

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

The rise of crypto-currencies has spawned great interest in their underlying technology, namely, Blockchain. The central component in a Blockchain is a shared distributed ledger. A ledger comprises series of blocks, which in turns contains…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-04 Qi Zhang , Petr Novotny , Salman Baset , Donna Dillenberger , Artem Barger , Yacov Manevich

A key component of blockchain technology is the ledger, viz., a database that, unlike standard databases, keeps in memory the complete history of past transactions as in a notarial archive for the benefit of any future test. In…

Cryptography and Security · Computer Science 2021-10-01 Paolo Bottoni , Anna Labella , Remo Pareschi

The central role of the certificate authority (CA) in traditional public key infrastructure (PKI) makes it fragile and prone to compromises and operational failures. Maintaining CAs and revocation lists is demanding especially in…

Cryptography and Security · Computer Science 2021-01-01 Mohsen Toorani , Christian Gehrmann

Many recent social media posts and news may create a perception of big success in the use of blockchain for the real estate industry, land registration and protection of titles and property rights. A sobering outlook is crucial because…

Computers and Society · Computer Science 2020-07-24 Oleksii Konashevych

Satoshi Nakamoto's Blockchain allows to build publicly verifiable and almost immutable ledgers, but sometimes privacy has to be factored in. In this work an original protocol is presented that allows sensitive data to be stored on a ledger…

Cryptography and Security · Computer Science 2020-07-10 Riccardo Longo , Massimiliano Sala

Blockchain or Distributed Ledger Technology is a disruptive technology that provides the infrastructure for developing decentralized applications enabling the implementation of novel business models even in traditionally centralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-22 Claudia Pop , Tudor Cioara , Ionut Anghel , Marcel Antal , Ioan Salomie

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,…

Cryptography and Security · Computer Science 2019-12-24 Uchi Ugobame Uchibeke , Sara Hosseinzadeh Kassani , Kevin A. Schneider , Ralph Deters

Blockchain technology has experienced substantial growth in recent years, yet the diversity of blockchain applications has been limited. Blockchain provides many desirable features for applications, including being append-only, immutable,…

Cryptography and Security · Computer Science 2023-05-09 Collin Connors , Dilip Sarkar

Blockchain also known as a distributed ledger technology stores different transactions/operations in a chain of blocks in a distributed manner without needing a trusted third-party. Blockchain is proven to be immutable which helps for…

Cryptography and Security · Computer Science 2019-04-30 Danda B. Rawat , Vijay Chaudhary , Ronald Doku

This paper addresses the issue of blockchain protocol risks, a foundational category of risks affecting Distributed Ledger Technology (DLT) which underpins digital assets, smart contracts, and decentralised applications. It presents a…

Risk Management · Quantitative Finance 2023-10-18 Alex Nathan , Dimosthenis Kaponis , Saul Lustgarten

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-10 Abdul Wahab , Waqas Mehmood

The specification and enforcement of network-wide policies in a single administrative domain is common in today's networks and considered as already resolved. However, this is not the case for multi-administrative domains, e.g. among…

Networking and Internet Architecture · Computer Science 2019-01-14 Jordi Paillisse , Jordi Subira , Albert Lopez , Alberto Rodriguez-Natal , Vina Ermagan , Fabio Maino , Albert Cabellos

Distributed ledger systems have become more prominent and successful in recent years, with a focus on blockchains and cryptocurrency. This has led to various misunderstandings about both the technology itself and its capabilities, as in…

Computation and Language · Computer Science 2023-03-30 Lukas König , Sebastian Neumaier
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