Reference : Blockchain-based Micropayment Systems: Economic Impact
Scientific congresses, symposiums and conference proceedings : Paper published in a journal
Engineering, computing & technology : Computer science
Computational Sciences; Finance
http://hdl.handle.net/10993/39491
Blockchain-based Micropayment Systems: Economic Impact
English
Khan, Nida mailto [University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
Ahmad, Tabrez mailto [ArcelorMittal Europe]
State, Radu mailto [University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
2019
ACM IDEAS '19 Proceedings of the 23rd International Database Engineering & Applications Symposium
ACM
Yes
International
New York
USA
ACM 23rd International Database Engineering & Applications Symposium
10-06-2019 to 12-06-2019
Athens
Greece
[en] Blockchain ; Cryptocurrency ; Micropayments ; Economic Impact ; Cybercrime
[en] The inception of blockchain catapulted the development of innovative use cases utilizing the trustless, decentralized environment, empowered by cryptocurrencies. The envisaged benefits of the technology includes the divisible nature of a cryptocurrency, that can facilitate payments in fractions of a cent, enabling micropayments through the blockchain. Micropayments are a critical tool to enable financial inclusion and to aid in global poverty alleviation. The paper conducts a study on the economic impact of blockchain-based micropayment systems, emphasizing their significance for socioeconomic benefit and financial inclusion. The paper also highlights the contribution of blockchain-based micropayments to the cybercrime economy, indicating the critical need of economic regulations to curtail the growing threat posed by the digital payment mechanism.
Researchers ; Professionals ; Students ; General public
http://hdl.handle.net/10993/39491
10.1145/3331076.3331096
FnR ; FNR11617092 > Nida Khan > > Data Analytics and Smart Contracts for traceability in finance > 01/03/2017 > 31/01/2021 > 2017

File(s) associated to this reference

Fulltext file(s):

FileCommentaryVersionSizeAccess
Limited access
Nkhan_ideas19.pdfAuthor preprint357.51 kBRequest a copy

Bookmark and Share SFX Query

All documents in ORBilu are protected by a user license.