Meet Hariya, Yash Wagle, Achintya Desai, S. Deshpande
{"title":"Buyer's protection in bitcoin","authors":"Meet Hariya, Yash Wagle, Achintya Desai, S. Deshpande","doi":"10.1109/ICECA.2017.8203634","DOIUrl":null,"url":null,"abstract":"Bitcoin is the most sophisticated ans successful crypto-currency so far. It is a digital currency based on a peer-to-peer distributed system. Bitcoin is in vogue and has changed the face of financial markets. Despite its success there are some privacy and security concerns, which can be worked upon. We propose to introduce a buyer's protection in the existing bitcoin system. Buyer's protection will help us in conflict resolution and thus increasing the reliability of the system. Incorporating this concept does not affect the distributed features currently existing in bitcoin.","PeriodicalId":222768,"journal":{"name":"2017 International conference of Electronics, Communication and Aerospace Technology (ICECA)","volume":"18 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2017 International conference of Electronics, Communication and Aerospace Technology (ICECA)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ICECA.2017.8203634","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
Bitcoin is the most sophisticated ans successful crypto-currency so far. It is a digital currency based on a peer-to-peer distributed system. Bitcoin is in vogue and has changed the face of financial markets. Despite its success there are some privacy and security concerns, which can be worked upon. We propose to introduce a buyer's protection in the existing bitcoin system. Buyer's protection will help us in conflict resolution and thus increasing the reliability of the system. Incorporating this concept does not affect the distributed features currently existing in bitcoin.
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