The most popular virtual currency (bitcoin) has become so popular because it relies on the concept of Distributed Ledger, realized by means of a technology known as BlockChain. This technology removes the need for third parties (such as authorities) that authorize transactions; in fact, it is a peer-to-peer network where consensus to transactions is given by peers. Furthermore, the distributed nature of BlockChain ensures a high-level of robustness to attacks. However, since its birth (a decade ago) many evolutions have been introduced: now, we distinguish between permissionless and permissioned BlockChains, the concept of smart contract is now supported, and various platforms are available. The contribution of this paper is to provide novices with the current trends, in particular by discussing the adoption of BlockChain technology in financial services.
(2019). Current Trends for Blockchain and Smart Contracts (In Financial Services) . Retrieved from http://hdl.handle.net/10446/152944
Titolo: | Current Trends for Blockchain and Smart Contracts (In Financial Services) |
Tutti gli autori: | Bringas, Pablo Garcia; Pastor-López, Iker; Psaila, Giuseppe |
Data di pubblicazione: | 2019 |
Abstract (eng): | The most popular virtual currency (bitcoin) has become so popular because it relies on the concept of Distributed Ledger, realized by means of a technology known as BlockChain. This technology removes the need for third parties (such as authorities) that authorize transactions; in fact, it is a peer-to-peer network where consensus to transactions is given by peers. Furthermore, the distributed nature of BlockChain ensures a high-level of robustness to attacks. However, since its birth (a decade ago) many evolutions have been introduced: now, we distinguish between permissionless and permissioned BlockChains, the concept of smart contract is now supported, and various platforms are available. The contribution of this paper is to provide novices with the current trends, in particular by discussing the adoption of BlockChain technology in financial services. |
Nelle collezioni: | 1.4.01 Contributi in atti di convegno - Conference presentations |
File allegato/i alla scheda:
File | Descrizione | Tipologia | Licenza | |
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42-ENT-2019-Garcia-Bringas-et-al-376-383.pdf | publisher's version - versione editoriale | Licenza default Aisberg | Testo non consultabile |