Related papers: Emergency Financing Tokens
Blockchain networks are facing increasingly heterogeneous computational demands, and in response, protocol designers have started building specialized infrastructure to supply that demand. This paper introduces Resonance: a new kind of…
Demand for blockchains such as Bitcoin and Ethereum is far larger than supply, necessitating a mechanism that selects a subset of transactions to include "on-chain" from the pool of all pending transactions. This paper investigates the…
Traditional blockchain systems, such as Ethereum, typically rely on a \emph{single volatile cryptocurrency for transaction fees}. This leads to fluctuating transaction fee prices and limits the flexibility of users' payment options. To…
I study a repeated auction in which payments are made with a blockchain token created and initially owned by the auction designer. Unlike the ``virtual money'' previously examined in mechanism design, such tokens can be saved and traded…
This paper shows how we can build a model for transactions when goods are given away in the expectation of a later settlement. In settings where people keep track of their social accounts we are able to redefine concepts like account…
Stablecoins have emerged as a rapidly growing digital payment instrument, raising the question of whether blockchain-based settlement can function as a substitute for incumbent card networks in retail payments. This Systematization of…
Fake products are items that are marketed and sold as genuine, high-quality products but are counterfeit or low-quality knockoffs. These products are often designed to closely mimic the appearance and branding of the genuine product to…
Emergency communications requires reliability and flexibility for disaster recovery and relief operation. Based upon existing commercial portable devices (e.g., smartphones, tablets, laptops), we propose a network architecture that uses…
Payment channel networks are an approach to improve the scalability of blockchain-based cryptocurrencies. Because payment channel networks are used for transfer of financial value, their security in the presence of adversarial participants…
For centuries, financial institutions have responded to liquidity challenges by forming closed, centralized clearing clubs with strict rules and membership that allow them to collaborate on using the least money to discharge the most debt.…
The Hypersyn protocol is a new type of permissionless and peer-to-peer payment network that is based on the concept of mutual credit and mutual arbitrage. Unlike blockchain-based systems, Hypersyn does not rely on any consensus algorithm.…
The use of mobile payment services is an essential contributor to financial inclusion in emerging markets. Unfortunately, the service has become a platform for fraud. Mobile payment users need to be digitally resilient to continue using the…
Digital money can be implemented efficiently by avoiding consensus. However, no-consensus implementations have drawbacks, as they cannot support smart contracts, and (even more fundamentally) they cannot deal with conflicting transactions.…
Aiming to support a cross-sector and cross-border eGovernance paradigm for sharing common public services, this paper introduces an AI-enhanced solution that enables beneficiaries to participate in a decenntralized network for effective big…
We present a quantum token scheme in which the token is a quantum state that ensures secure authentication or payment. In our approach, rooted in Wiesner's quantum money concept, a token is encoded in a multi-qubit state generated by a…
FastSet is a distributed protocol for decentralized finance and settlement, which is inspired from both actors and blockchains. Account holders cooperate by making claims, which can include payments, holding and transferring assets,…
The COVID-19 pandemic has caused a surge in the use of online delivery services, which rely on user-generated content to promote collaborative consumption. Although Online Food Delivery (OFD) is a popular delivery system in Bangladesh, it…
The no-cloning theorem can be used as a basis for quantum money constructions which guarantee unconditionally unforgeable currency. Existing schemes, however, either (i) require long-term quantum memory and quantum communication between the…
Distributed consensus mechanisms have been widely researched and made popular with a number of blockchain-based token applications, such as Bitcoin, and Ethereum. Although these general-purpose platforms have matured for scale and security,…
Wallets are access points for the digital economys value creation. Wallets for blockchains store the end-users cryptographic keys for administrating their digital assets and enable access to blockchain Web3 systems. Web3 delivers new…