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In order to have transactions executed and recorded on blockchains such as the Ethereum Mainnet, fees expressed in crypto-currency units of the blockchain must be paid. One can buy crypto-currency called Ether of the Ethereum blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-20 Serdar Metin , Can Özturan

Blockchain is a decentralized system that allows transaction transmission and storage according to the roles of the Consensus algorithm and Smart contracts. Non-fungible tokens (NFTs) consolidate the best characteristics of blockchain…

Cryptography and Security · Computer Science 2022-09-07 Subhash Shankar Pandey , Tadasha Dash , Prasanta K. Panigrahi , Ahmed Farouk

It is obvious that fossil fuels are a limited resource and will be replaced by other energy sources in the future considering economic and en-vironmental problems. Electricity comes to the forefront among the sources that are candidates to…

Cryptography and Security · Computer Science 2021-07-14 Omer Aydin

Cashless payment systems offer many benefits over cash, but also have some drawbacks. Fake terminals, skimming, wireless connectivity, and relay attacks are persistent problems. Attempts to overcome one problem often lead to another - for…

Cryptography and Security · Computer Science 2024-09-27 Jack Sturgess , Ivan Martinovic

Wallet may be described as container application used for configuring, accessing and analysing data from underlying payment application(s). There are two dominant types of digital wallet applications, proximity wallet and remote wallet. In…

Cryptography and Security · Computer Science 2014-12-10 Amal Saha , Sugata Sanyal

Private blockchain networks are used by enterprises to manage decentralized processes without trusted mediators and without exposing their assets publicly on an open network like Ethereum. Yet external parties that cannot join such networks…

Cryptography and Security · Computer Science 2021-01-26 Dushyant Behl , Palanivel Kodeswaran , Venkatraman Ramakrishna , Sayandeep Sen , Dhinakaran Vinayagamurthy

Most self-service payment terminals require network connectivity for processing electronic payments. The necessity to maintain network connectivity increases costs, introduces cybersecurity risks, and significantly limits the number of…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-20 Nikolay Ivanov , Qiben Yan

Blockchain technology has emerged as a disruptive force with transformative potential across numerous industries, promising efficient and automated solutions that can revolutionize traditional systems. By leveraging decentralized ledger…

Software Engineering · Computer Science 2023-11-15 Md. Raisul Hasan Shahrukh , Md. Tabassinur Rahman , Nafees Mansoor

This comprehensive survey deliberated over the security of electronic payment systems. In our research, we focused on either dominant systems or new attempts and innovations to improve the level of security of the electronic payment…

Cryptography and Security · Computer Science 2017-01-18 Siamak Solat

Alternative assets such as mines, power plants, or infrastructure projects are often large, heterogeneous bundles of resources, rights, and outputs whose value is difficult to trade or fractionalize under traditional frameworks. This paper…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-18 Ailiya Borjigin , Cong He , Charles CC Lee , Wei Zhou

E-commerce in today's conditions has the highest dependence on network infrastructure of banking. However, when the possibility of communicating with the Banking network is not provided, business activities will suffer. This paper proposes…

Computational Engineering, Finance, and Science · Computer Science 2010-11-02 Majid Taghiloo , Mohammad Ali Agheli , Mohammad Reza Rezaeinezhad

In this article, we consider the roles of tokens and distributed ledgers in digital payment systems. We present a brief taxonomy of digital payment systems that use tokens, and we address the different models for how distributed ledger…

Computers and Society · Computer Science 2024-09-24 Geoffrey Goodell

Banking as an essential service can be hard to access in remote, rural regions where the network connectivity is intermittent. Although micro-banking has been made possible by SMS or USSD messages in some places, their security flaws and…

Micropayment channels are the most prominent solution to the limitation on transaction throughput in current blockchain systems. However, in practice channels are risky because participants have to be online constantly to avoid fraud, and…

Cryptography and Security · Computer Science 2018-12-03 Georgia Avarikioti , Felix Laufenberg , Jakub Sliwinski , Yuyi Wang , Roger Wattenhofer

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

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

Numerous electronic cash schemes have been proposed over the years - however none have been embraced by financial institutions as an alternative to fiat currency. David Chaum's ecash scheme was the closest to something that mimicked a…

Cryptography and Security · Computer Science 2021-05-11 Hitesh Tewari

We present Airtnt, a novel scheme that enables users with CPUs that support Trusted Execution Environments (TEEs) and remote attestation to rent out computing time on secure enclaves to untrusted users. Airtnt makes use of the attestation…

Cryptography and Security · Computer Science 2018-05-17 Mustafa Al-Bassam , Alberto Sonnino , Michał Król , Ioannis Psaras

Food delivery systems are gaining popularity recently due to the expansion of internet connectivity and for the increasing availability of devices. The growing popularity of such systems has raised concerns regarding (i) Information…

Computational Engineering, Finance, and Science · Computer Science 2022-09-13 A. A. Talha Talukder , Md. Anisul Islam Mahmud , Arbiya Sultana , Tahmid Hasan Pranto , AKM Bahalul Haque , Rashedur M. Rahman

Cryptocurrencies and blockchain networks have attracted tremendous attention from their volatile price movements and the promise of decentralization. However, most projects run on business narratives with no way to test and verify their…

Multiagent Systems · Computer Science 2019-07-02 Zixuan Zhang