Certified bitcoins

Giuseppe Ateniese; Antonio Faonio; Bernardo Magri; Breno De Medeiros

doi:10.1007/978-3-319-07536-5_6

Certified bitcoins

Giuseppe Ateniese, Antonio Faonio, Bernardo Magri, Breno De Medeiros

Department of Computer Science

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

40 Scopus citations

Abstract

Bitcoin is a peer-to-peer (p2p) electronic cash system that uses a distributed timestamp service to record transactions in a public ledger (called the Blockchain). A critical component of Bitcoin's success is the decentralized nature of its architecture, which does not require or even support the establishment of trusted authorities. Yet the absence of certification creates obstacles to its wider acceptance in e-commerce and official uses. We propose a certification system for Bitcoin that offers: a) an opt-in guarantee to send and receive bitcoins only to/ from certified users; b) control of creation of bitcoins addresses (certified users) by trusted authorities. Our proposal may encourage the adoption of Bitcoin in different scenarios that require an officially recognized currency, such as tax payments-often an integral part of e-commerce transactions.

Original language	English
Title of host publication	Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings
Pages	80-96
Number of pages	17
DOIs	https://doi.org/10.1007/978-3-319-07536-5_6
State	Published - 2014
Event	12th International Conference on Applied Cryptography and Network Security, ACNS 2014 - Lausanne, Switzerland Duration: 10 Jun 2014 → 13 Jun 2014

Publication series

Name	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume	8479 LNCS
ISSN (Print)	0302-9743
ISSN (Electronic)	1611-3349

Conference

Conference	12th International Conference on Applied Cryptography and Network Security, ACNS 2014
Country/Territory	Switzerland
City	Lausanne
Period	10/06/14 → 13/06/14

Access to Document

10.1007/978-3-319-07536-5_6

Cite this

Ateniese, G., Faonio, A., Magri, B., & De Medeiros, B. (2014). Certified bitcoins. In Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings (pp. 80-96). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 8479 LNCS). https://doi.org/10.1007/978-3-319-07536-5_6

@inproceedings{e3cf357397124280994bcc44c91b84e1,

title = "Certified bitcoins",

abstract = "Bitcoin is a peer-to-peer (p2p) electronic cash system that uses a distributed timestamp service to record transactions in a public ledger (called the Blockchain). A critical component of Bitcoin's success is the decentralized nature of its architecture, which does not require or even support the establishment of trusted authorities. Yet the absence of certification creates obstacles to its wider acceptance in e-commerce and official uses. We propose a certification system for Bitcoin that offers: a) an opt-in guarantee to send and receive bitcoins only to/ from certified users; b) control of creation of bitcoins addresses (certified users) by trusted authorities. Our proposal may encourage the adoption of Bitcoin in different scenarios that require an officially recognized currency, such as tax payments-often an integral part of e-commerce transactions.",

author = "Giuseppe Ateniese and Antonio Faonio and Bernardo Magri and \{De Medeiros\}, Breno",

year = "2014",

doi = "10.1007/978-3-319-07536-5\_6",

language = "English",

isbn = "9783319075358",

series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",

pages = "80--96",

booktitle = "Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings",

note = "12th International Conference on Applied Cryptography and Network Security, ACNS 2014 ; Conference date: 10-06-2014 Through 13-06-2014",

}

Ateniese, G, Faonio, A, Magri, B & De Medeiros, B 2014, Certified bitcoins. in Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 8479 LNCS, pp. 80-96, 12th International Conference on Applied Cryptography and Network Security, ACNS 2014, Lausanne, Switzerland, 10/06/14. https://doi.org/10.1007/978-3-319-07536-5_6

Certified bitcoins. / Ateniese, Giuseppe; Faonio, Antonio; Magri, Bernardo et al.
Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings. 2014. p. 80-96 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 8479 LNCS).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Certified bitcoins

AU - Ateniese, Giuseppe

AU - Faonio, Antonio

AU - Magri, Bernardo

AU - De Medeiros, Breno

PY - 2014

Y1 - 2014

N2 - Bitcoin is a peer-to-peer (p2p) electronic cash system that uses a distributed timestamp service to record transactions in a public ledger (called the Blockchain). A critical component of Bitcoin's success is the decentralized nature of its architecture, which does not require or even support the establishment of trusted authorities. Yet the absence of certification creates obstacles to its wider acceptance in e-commerce and official uses. We propose a certification system for Bitcoin that offers: a) an opt-in guarantee to send and receive bitcoins only to/ from certified users; b) control of creation of bitcoins addresses (certified users) by trusted authorities. Our proposal may encourage the adoption of Bitcoin in different scenarios that require an officially recognized currency, such as tax payments-often an integral part of e-commerce transactions.

AB - Bitcoin is a peer-to-peer (p2p) electronic cash system that uses a distributed timestamp service to record transactions in a public ledger (called the Blockchain). A critical component of Bitcoin's success is the decentralized nature of its architecture, which does not require or even support the establishment of trusted authorities. Yet the absence of certification creates obstacles to its wider acceptance in e-commerce and official uses. We propose a certification system for Bitcoin that offers: a) an opt-in guarantee to send and receive bitcoins only to/ from certified users; b) control of creation of bitcoins addresses (certified users) by trusted authorities. Our proposal may encourage the adoption of Bitcoin in different scenarios that require an officially recognized currency, such as tax payments-often an integral part of e-commerce transactions.

UR - https://www.scopus.com/pages/publications/84903641613

UR - https://www.scopus.com/inward/citedby.url?scp=84903641613&partnerID=8YFLogxK

U2 - 10.1007/978-3-319-07536-5_6

DO - 10.1007/978-3-319-07536-5_6

M3 - Conference contribution

AN - SCOPUS:84903641613

SN - 9783319075358

T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)

SP - 80

EP - 96

BT - Applied Cryptography and Network Security - 12th International Conference, ACNS 2014, Proceedings

T2 - 12th International Conference on Applied Cryptography and Network Security, ACNS 2014

Y2 - 10 June 2014 through 13 June 2014

ER -

Certified bitcoins

Abstract

Publication series

Conference

Access to Document

Other files and links

Fingerprint

Cite this