Digital Financial Transaction Security Based on Blockchain Technology

Blockchain Technology and the Financial Services Market

Blockchain Transaction Processing

A blockchain is a linked-list of immutable tamper-proof blocks, which is stored at each participating node. Each block records a set of transactions and the associated metadata. Blockchain transactions act on the identical ledger data stored at each node. Blockchain was first perceived by Satoshi Nakamoto (Satoshi 2008), as a peer-to-peer money exchange system. Nakamoto referred to the transact...

Poster: Towards Blockchain Transaction Privacy

Blockchains allow users to transfer money securely to possibly unknown and untrusted counterparties, without requiring a trusted intermediary. Transactions contain the value being transferred, and sender and recipient identifiers (known as addresses) in the clear, meaning that although onchain addresses are unlinked from off-chain identities, monetary movements are easily traceable. We explore ...

Banking on Blockchain: Costs Savings Thanks to the Blockchain Technology

This paper looks at the challenges and opportunities of implementing blockchain technology across banking, providing food for thought about the potentialities of this disruptive technology. The blockchain technology can optimize the global financial infrastructure, achieving sustainable development, using more efficient systems than at present. In fact, many banks are currently focusing on bloc...

Transaction Verification Model over Double Spending for Peer-to-Peer Digital Currency Transactions based on Blockchain Architecture

Digital payment systems are an evolving field in present day with the recent enhancements in seamless digital currencies. Thus, despite the benefits of cryptocurrency based digital payments systems, their adoption and diffusion within general payment platform domain are significantly hindered. The blockchain architecture is widely recognized as a promising mechanism to support the management of...