A Smart Contract to Facilitate Goods Purchasing Based on Online Haggle

Chen, Hsing‐Chung; Irawan, Bambang; Shih, Chieh-Yang; Damarjati, Cahya; Shae, Zon-Yin; Chang, Fengming M.

doi:10.1007/978-3-030-22263-5_58

Cited by 3 publications

(2 citation statements)

References 8 publications

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“…Fig. 1 illustrates a simplified purchasing model [7], adapted for the BIP framework. The atomic component Customer has 3 states c0, c1, and c2, variables balance, transfer, price and id.…”

Section: Atomic Componentsmentioning

confidence: 99%

Statistical Model Checking of Common Attack Scenarios on Blockchain

Fedotov

Khritankov

2021

Electron. Proc. Theor. Comput. Sci.

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Blockchain technology has developed significantly over the last decade. One of the reasons for this is its sustainability architecture, which does not allow modification of the history of committed transactions. That means that developers should consider blockchain vulnerabilities and eliminate them before the deployment of the system. In this paper, we demonstrate a statistical model checking approach for the verification of blockchain systems on three real-world attack scenarios. We build and verify models of DNS attack, double-spending with memory pool flooding, and consensus delay scenario. After that, we analyze experimental results and propose solutions to avoid these kinds of attacks.

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“…Fig. 1 illustrates a simplified purchasing model [7], adapted for the BIP framework. The atomic component Customer has 3 states c0, c1, and c2, variables balance, transfer, price and id.…”

Section: Atomic Componentsmentioning

confidence: 99%

Statistical Model Checking of Common Attack Scenarios on Blockchain

Fedotov

Khritankov

2021

Electron. Proc. Theor. Comput. Sci.

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“…Chung Chen, Bambang Irawan this research is A Smart Contract to Facilitate Goods Purchasing Based on Online Haggle. This study describes web applications as an online bargaining tool for product purchasing decisions [2,8]. Every transaction can be triggered automatically on blockchain technology with the option of using smart contracts.…”

Section: Introductionmentioning

confidence: 99%

Blockchain Technology as an Alternative Method of Payment Transaction Proof

Irawan

2021

International Journal of Science, Technology & Management

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Today, the development of information technology allows all needs in the payment system to conduct safely and reliably with the support of blockchain technology. Blockchain technology is currently a concept getting more attention in financial technology (Fintech). This technology combines several computer technologies, including distributed data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms often referred to as cryptography. Currently, various payment methods are available, Direct payment methods via the website, credit cards, automatic debit (Autopay), Mobile / Internet Banking, Non-bank, E-commerce, and E-wallet. All of the above payment systems still require a third party as a guarantor for the transactions made. Another problem that arises is a notification of bill dues to consumers, using conventional media in letters, emails, and notices of short message service (SMS), which allows consumers to miss the given deadline. It could cause the service to terminate. Blockchain technology is currently still considered an innovation that disrupts the world of banking and the internet. However, because this technology is a breakthrough major in data storage and information transmission, it will fundamentally change the global financial and economic operating model towards new technologies and industrial transformation in the financial industry. Current consumer bill payment methods use conventional banking systems, and notification systems for payment deadlines are less efficient; we propose a payment system with blockchain technology and the internet of things (IoT) to solve the current problem.

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The Implement of a Reconfigurable Intelligence Trust Chain Platform with Anti-counterfeit Traceable Version Function for the Customized System-Module-IC

Chen

Liang

et al. 2023

Lecture Notes on Data Engineering and Communications Technologies

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A Smart Contract to Facilitate Goods Purchasing Based on Online Haggle

Cited by 3 publications

References 8 publications

Statistical Model Checking of Common Attack Scenarios on Blockchain

Statistical Model Checking of Common Attack Scenarios on Blockchain

Blockchain Technology as an Alternative Method of Payment Transaction Proof

The Implement of a Reconfigurable Intelligence Trust Chain Platform with Anti-counterfeit Traceable Version Function for the Customized System-Module-IC

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