Paper published in a book (Scientific congresses, symposiums and conference proceedings)
Feasibility of Stellar as a Blockchain-based Micropayment System
Khan, Nida; Ahmad, Tabrez; State, Radu
2019In Springer SmartBlock 2019 - 2nd International Conference on Smart Blockchain
Peer reviewed
 

Files


Full Text
FeasibilityStudy_Stellar.pdf
Author preprint (428.36 kB)
Request a copy

All documents in ORBilu are protected by a user license.

Send to



Details



Keywords :
Blockchain; Stellar; Micropayments; Data Analysis; Cybercrime
Abstract :
[en] The advent of Bitcoin was heralded as an innovation in the global monetary system, that could bring down transaction fees by circumventing the need for third parties and conduct transactions in real time. The divisibility of a blockchain cryptocurrency to even fractions of a cent, caused microtransactions to become feasible to formerly non-existent denominations. These microtransactions have spurred the development of novel ways of monetizing online resources and hold the potential to aid in alleviation of poverty. The paper conducts a feasibility study on Stellar as a blockchain-based micropayment system. It highlights the computational and other issues that impedes its progress and utilizes a characterization model for micropayment systems to evaluate the efficacy of the Stellar platform. The paper conducts a comparison with the micropayment solutions from Bitcoin, Ethereum and PayPal. The paper analyzes a subset of transactions from the Stellar blockchain to aid in drawing a conclusion on the undertaken study and elaborates on the mitigation tools to enable fraud prevention in online monetary transactions.
Disciplines :
Computer science
Finance
Author, co-author :
Khan, Nida ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT)
Ahmad, Tabrez;  ArcelorMittal, Europe
State, Radu  ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT)
External co-authors :
no
Language :
English
Title :
Feasibility of Stellar as a Blockchain-based Micropayment System
Publication date :
November 2019
Event name :
2nd International Conference on Smart Blockchain
Event date :
11-11-2019 to 13-11-2019
Audience :
International
Main work title :
Springer SmartBlock 2019 - 2nd International Conference on Smart Blockchain
Publisher :
Springer
ISBN/EAN :
978-3-030-34083-4
Peer reviewed :
Peer reviewed
FnR Project :
FNR11617092 - Data Analytics And Smart Contracts For Traceability In Finance, 2017 (01/03/2017-31/01/2021) - Nida Khan
Available on ORBilu :
since 14 August 2019

Statistics


Number of views
274 (17 by Unilu)
Number of downloads
12 (10 by Unilu)

Scopus citations®
 
2
Scopus citations®
without self-citations
2
OpenCitations
 
1

Bibliography


Similar publications



Contact ORBilu