Related papers: An Electronic Payment System to Ensure Cost Effect…
The most prevalent smart card-based payment method, EMV, currently offers no privacy to its users. Transaction details and the card number are sent in cleartext, enabling the profiling and tracking of cardholders. Since public awareness of…
Information and communication technologies are by now employed in most human activities, including economics and finance. Modern computers have reached an extraordinary power in terms of information processing, storage, retrieval, and…
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…
E-commerce, a type of trading that occurs at a high frequency on the Internet, requires guaranteeing the integrity, authentication and non-repudiation of messages through long distance. As current e-commerce schemes are vulnerable to…
It is known that IT projects are high-risk. To achieve project success, the strategies to avoid and reduce risks must be designed meticulously and implemented accordingly. This paper presents methods for avoiding and reducing risks…
We propose a novel payment mechanism for use by victims of large-scale conflict or natural disasters to conduct critical economic transactions and rebuild damaged infrastructure in the absence of both cash and traditional electronic payment…
Open technologies, decentralized computation and intelligent applications enable the third-generation web, Web 3.0, thereby digitizing whole industries. The emerging Economy of Things (EoT) will be based on software agents running on…
Objectives: This paper presents a brief review on Aadhaar card, and discusses the scope and advantages of linking Aadhaar card to various systems. Further we present various cases in which Aadhaar card may pose security threats. The…
Credit card frauds are at an ever-increasing rate and have become a major problem in the financial sector. Because of these frauds, card users are hesitant in making purchases and both the merchants and financial institutions bear heavy…
Digital payment systems have become a cornerstone of consumer finance in Africa. Prominent payment categories include money transfer applications, mobile money, cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs).…
The development of electronic commerce is characterized with anonymity, uncertainty, lack of control and potential opportunism. Therefore, the success of electronic commerce significantly depends on providing security and privacy for its…
The global financial landscape is experiencing significant transformation driven by technological advancements and evolving market dynamics. Moreover, blockchain technology has become a pivotal platform with widespread applications,…
The last decade has experienced a vast interest in Blockchain-based cryptocurrencies with a specific focus on the applications of this technology. However, slow confirmation times of transactions and unforeseeable high fees hamper their…
Pushed by market forces, software development has become fast-paced. As a consequence, modern development projects are assembled from 3rd-party components. Security & privacy assurance techniques once designed for large, controlled updates…
Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…
This paper is the first attempt to formalize a new field of economics; studding the Intangibles Goods available on the Internet. We are taking advantage of the digital world's specific rules, in particular the zero marginal cost, to propose…
With technological advances and the establishment of e-commerce models, business challenges have shifted to online platforms. The promise of embedding self-executing and autonomous programs into blockchain technologies has attracted…
We consider the problem of cross-chain payment whereby customers of different escrows---implemented by a bank or a blockchain smart contract---successfully transfer digital assets without trusting each other. Prior to this work, cross-chain…
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…
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…