Assessing the Impact of Tokenized Financial Assets on Blockchain for Start-Up Fundraising and the Significance of Decentralized Governance

This research investigates the potential impact of blockchain based start-up crowdfunding. The emergence of blockchain and cryptocurrencies paved the way for a more decentralized finance system which offers alternative funding opportunities for start-ups. The scope of the research is to analyze the benefits and drawbacks of blockchain based...

Dependence and risk spillovers among clean cryptocurrencies prices and media environmental attention

This paper examines the relationships among cryptocurrency environmental attention and clean cryptocurrencies prices using Time-Varying Parameter Vector Auto-Regression (TVP-VAR) and wavelets techniques. Results show strong connectedness among these variables, implying that the prices of clean cryptocurrencies are influenced by attention on...

A Taxonomy and Lessons Learned From Blockchain Adoption Within the Internet of Energy Paradigm

The concept of the internet of energy (IoE) emerged as an innovative paradigm to encompass all the complex and intertwined notions relevant to the transition of current smart grids towards more decarbonization, digitalization and decentralization. With a focus on the two last aspects, the amount of intelligent devices being connected in a...

What drives cryptocurrency market dynamics?: Analysing external variable influence on cryptocurrency prices

Since the introduction of Blockchain technologies in Bitcoin (Nakamoto & Bitcoin, 2008), there has been over a decade of innovation and growth. The cryptocurrency markets have formed their own ecosystem and followings. On Wednesday 12 th May, 2021, cryptocurrencies reached their highest total market capitalisation yet, at $ 2.5 trillion ...

Periscope: Censorship-Resistant Off-Chain Traffic Tunnelling

There is an everlasting arms race between censoring bodies and those in its grip. When the censor is employing increasingly sophisticated techniques to digitally monitor and restrict those in its scope, equally sophisticated means to circumvent the digital repression come forward. Those suffering under digital censorship are using nifty ways to...

EuroToken: An offline capable Central Bank Digital Currency

After the release of Bitcoin in 2008 many advances have been made in the crypto space. The feature-set, scalability, transaction cost, and efficiency have all improved. Yet, as the development continued, the goal of Bitcoin or any other cryptocurrency as a digital payment form started to take a backseat to their utility as a store of value and...

Privacy-Preserving Techniques in Blockchain-Based Food Supply Chain

The following paper aims to investigate what and how are the main privacy-preserving methods applied in the blockchain-based supply chain industry scenario, with a primary focus on the food sector. Recent developments, such as the exordium of cryptocurrencies to increment efficiency, are withal addressed. Overviews of key use cases in industry...

Adding Redundancy To Splitting Protocols for a Better Performance

Payment Channel Networks have been developed to deal with the scalability issue in blockchain technologies. Using them, two parties can make multiple payments between themselves relatively fast. However, usually the channels have too small capacities, unable to handle a big payment. Allowing to split a payment into smaller payments and...

Fairness and Freedom for Artists: Towards a Robot Economy for the Music Industry

During the last decades of explosive growth in economic value on the Internet, we observe the trend of platformization: a shift of economic activity from happening on a wide range of companies to a few major platforms run by Big Tech corporations. This trend is highly susceptible to the rise of monopolies and oligarchs, as...

TLS MITM attack on the Ripple XRP Ledger

The Ripple XRP Ledger network hosts a cryptocurrency called XRP which uses the TLS protocol to send messages between nodes. It is crucial that the network is tested against attacks to ensure its security. The Ripple XRP Ledger could be vulnerable to a Man-in-the-Middle (MITM) attack. This MITM attack is an attack which can intercept and modify...

Comparative Study of Byzantine Fault Tolerant Consensus Algorithms on Permissioned Blockchains

Blockchain is a technology that is in use increasingly. Although owing its common use to the cryptocurrencies there is more to the blockchain technology than just the monetary use. One of these uses is by smaller groups of participants under the control of a central authority, for instance at a company. Such private blockchains use permissioned...

Stop Boiling the Oceans: A Review on Energy Efficient Proof of Work Alternatives

Bitcoin’s underlying consensus algorithm, Proof of Work, is of inefficient nature. Due to the sheer size that Bitcoin has grown to over the recent years, power consumption has increased so much that the Bitcoin network has been estimated to consume more power than the whole country of Ireland. This paper investigates several alternatives to the...

Tail Risk in Cryptocurrencies

In this research, the returns of four cryptocurrencies (Bitcoin, Litecoin, Ripple and Ethereum) were analyzed in order to answer the following research question: “How do the returns of Bitcoin and other altcoins behave over time, and what can we say about extreme values for losses and profits?” With respect to volatility, cryptocurrencies can...

Are Private (Digital) Moneys (Disruptive) Social Innovations? An Exploration of Different Designs

This article explores which private moneys qualify as (disruptive) social innovations. A case study into 30 Dutch-based complementary currencies and cryptocurrencies was conducted to understand the functioning of different designs of private money systems as well as the motivations and objectives of involved social innovators. We conclude...

Regulating The Bitcoin Ecosystem

Bitcoin is a peer to peer decentralized virtual currency, released online through a research paper in 2008 by the unknown Satoshi Nakamoto . Around the world, many countries have cautiously taken minor initiatives to address the regulatory issues, due to its rising popularity. The regulation is not seen as complete, due to the nascent and novel...