The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin
Bitcoin is a cryptocurrency that has created a new revolution in peer-to-peer technology. Built upon decentralised technology known as Blockchain, it supports transparent, fast, cost-effective, and irreversible transactions, without the need for trusting the third-party financial institution. The pr...
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my.uitm.ir.655222022-08-21T10:29:07Z https://ir.uitm.edu.my/id/eprint/65522/ The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin Khairuddin, Irni Eliana Banking Electronic funds transfers Algorithms Bitcoin is a cryptocurrency that has created a new revolution in peer-to-peer technology. Built upon decentralised technology known as Blockchain, it supports transparent, fast, cost-effective, and irreversible transactions, without the need for trusting the third-party financial institution. The privacy of Bitcoin users is protected, by the pseudoanonymous transaction. At present, Bitcoin holds the largest market share in cryptocurrency and the Blockchain technology had captured the interest of multi-corporations, such as Microsoft, Dell, and T-Mobile. However, Bitcoins have no legal tender in most and it is even worse with the illicit use by the irresponsible people and the cyber-attacks towards the application. Hence, these are the primary motivation of this study, to design the algorithm for trust in peer-to-peer transaction. The design work was conducted by using a physical blockchain kit, namely BlocKit with 15 Bitcoin Blockchain experienced to explore the opportunity to develop the algorithm. Faculty of Information Management 2021-10 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/65522/1/65522.pdf The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin. (2021) Journal of Information and Knowledge Management (JIKM), 11 (2). pp. 270-286. ISSN 2231-8836; e-ISSN: 2289-5337 https://ijikm.uitm.edu.my/ |
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Banking Electronic funds transfers Algorithms Khairuddin, Irni Eliana The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
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Bitcoin is a cryptocurrency that has created a new revolution in peer-to-peer technology. Built upon decentralised technology known as Blockchain, it supports transparent, fast, cost-effective, and irreversible transactions, without the need for trusting the third-party financial institution. The privacy of Bitcoin users is protected, by the pseudoanonymous transaction. At present, Bitcoin holds the largest market share in cryptocurrency and the Blockchain technology had captured the interest of multi-corporations, such as Microsoft, Dell, and T-Mobile. However, Bitcoins have no legal tender in most and it is even worse with the illicit use by the irresponsible people and the cyber-attacks towards the application. Hence, these are the primary motivation of this study, to design the algorithm for trust in peer-to-peer transaction. The design work was conducted by using a physical blockchain kit, namely BlocKit with 15 Bitcoin Blockchain experienced to explore the opportunity to develop the algorithm. |
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Khairuddin, Irni Eliana |
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Khairuddin, Irni Eliana |
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Khairuddin, Irni Eliana |
title |
The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
title_short |
The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
title_full |
The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
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The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
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The algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ Irni Eliana Khairuddin |
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algorithm design for trust in peer-to-peer bitcoin transactions on blockchain/ irni eliana khairuddin |
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Faculty of Information Management |
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2021 |
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https://ir.uitm.edu.my/id/eprint/65522/1/65522.pdf https://ir.uitm.edu.my/id/eprint/65522/ https://ijikm.uitm.edu.my/ |
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