Centralised Bitcoin: A Secure and High Performance Electronic Cash System

Nakamoto, Nancy

doi:10.2139/ssrn.3065723

Cited by 884 publications

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“…They are, by definition, unable to forget as they were specifically designed to be censorship-resistant. 116 A straightforward application of the right to be forgotten to DLTs can be excluded. We again distinguish between trans-actional data and public keys.…”

Section: The Right To Be Forgottenmentioning

confidence: 99%

Blockchains and Data Protection in the European Union

Finck

2018

European Data Protection Law Review

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Section: The Right To Be Forgottenmentioning

confidence: 99%

Blockchains and Data Protection in the European Union

Finck

2018

European Data Protection Law Review

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“…It was invented in 1991 by Stuart Haber and W. Scott Stometta and outlined in an article in the Journal of Cryptology (Haber & Stornetta, ). However, it was brought to fame by its use in a cryptocurrency called Bitcoin, invented by an anonymous author(s) who called themselves Satoshi Nakamoto (Nakamoto, ). Bitcoin had a strong initial growth in the quantity of circulation with a price hovering around $200 till 2012.…”

Section: Recent Technological Innovationsmentioning

confidence: 99%

FinTech evolution: Strategic value management issues in a fast changing industry

Ashta

Biot-Paquerot

2018

Strategic Change

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he in ech re olu on ca tures the simultaneous a ac o a lar e number o technolo ies, notably mobile tele hones and bloc chain, which are usherin in e ciency or outreach to mulle niche mar ets. he use o mobile tele hone technolo y has e anded Internet reach to the e cluded, created ossibili es or business where ban s were not historically resent and is oten ally disru e. he bloc chain technolo y threatens to be e en more disru e as it may ull the car et rom under the monetary system as well as the ro erty ri hts as we now them today. he roli era on o actors and inno ators has created a con used landsca e resul n in di erent ossible scenarios, where ban s may ree e, ht, orm alliances with challen ers, or be orced into i ht by the i ech. rr s c r ind shta, ur undy School o usiness,

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“…The release of a white paper from Satoshi Nakamoto in 2008 on Bitcoin was a game changer in the area of information technology. The proposed system of payment that allowed parties to deal directly with each other without going through financial institutions that serve as sureties, and also prevent double spending through time stamping of transactions, by binding them into an ongoing chain of hash-based proof of work; that forms a record that cannot be changed without redoing the proof-of-work (Nakamoto, 2008). This innovation in data security, and distribution opened new doors to other business aside the financial sector that required improvement in sharing real time information among partners without depending on a central system that can be easily manipulated in favor of the party owning the system.…”

Section: Background and Motivationmentioning

confidence: 99%

“…It is also known as distributed ledger technology (Tripoli, and Schmidhuber, 2018). Each bit of information related to the recorded events contains the public key of the owner, therefore the whole record is formed by a chain of transactions with blocks of information telling where the transaction generated from and its current destination (Nakamoto, 2008).…”

Section: Introductionmentioning

confidence: 99%

An Exploration into the Opportunities for Blockchain in the Fresh Produce Supply Chain

Rk¹,

Canavari²,

Hingley³

2018

Preprint

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Blockchain is a data management innovation that allows the linkage of successive records regarding a digital entity, and to store them into a shared, decentralized, distributed and retroactively unchangeable data structure. Each bit of information related to the recorded events contains the public key of the owner, therefore, the whole record is formed by a chain of transactions with blocks of information identifying where the transaction was generated from and its current destination  (Nakamoto, 2008). Blockchain is the technology behind Bitcoin, an online currency that was first introduced in 2009. The technology makes it possible to conduct business between members within the network without relying on third parties as guarantors to prove transaction integrity, thus increasing speed and reducing cost of transaction. Moreover, the transparency posed by the technology makes it possible to trace goods and services through all stages, making the technology a unique tool that can be assimilated by, for example, the Agro-food supply chain systems. Specifically, Blockchain is being tested in a pilot project in the UK meat (Beef) industry by the FSA (Food Standards Agency) and the slaughterhouses, with IBM Blockchain platform to ensure full transparency and compliance with regulations, (Evenstad, 2018). However, the uptake of Blockchain in the fresh produce (fresh and fresh, short-life processed fruit, vegetables, salads) supply chain is lagging, in the United Kingdom, and remains untested and limited to literature, models and specific case studies in the United States of America and France. The study aims at understanding how prepared stakeholders are in adopting Blockchain for their operations. An inductive qualitative method was employed through non-structured interviews with three companies and one consumer focus group. The interviews were guided by seven (7) open-ended questions, which were unstructured. The collected data was analyzed with axial coding through constant comparative methods. Seven (7) themes were identified as factors influencing the adoption of Blockchain in the fresh produce supply chain in the UK. These are, novelty of the technology, complexity of the fresh produce supply chain in UK, level of product transformation, technological compatibility with operations, cost and value, Customer (retailer) push for adoption, and public/consumers opinion. The adaptation of Blockchain by the current fresh produce supply chain in the UK and the EU at large will come about when concerns on Novelty, and complexity of supply chain systems are fully addressed.

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Centralised Bitcoin: A Secure and High Performance Electronic Cash System

Cited by 884 publications

References 0 publications

Blockchains and Data Protection in the European Union

Blockchains and Data Protection in the European Union

FinTech evolution: Strategic value management issues in a fast changing industry

An Exploration into the Opportunities for Blockchain in the Fresh Produce Supply Chain

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