• Title/Summary/Keyword: Public Cryptocurrency

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A Study on the Design of LoRaWAN-based Public Blockchain Cryptocurrency Payment System (LoRaWAN 기반 공개형 블록체인 암호화폐 결제 시스템 설계를 위한 연구)

  • Kim, Minyoung
    • The Journal of the Convergence on Culture Technology
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    • v.7 no.1
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    • pp.608-614
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    • 2021
  • Currently, blockchain-based public cryptocurrency (hereinafter referred to as cryptocurrency) cannot acquire status as a currency for transaction due to the economic policies of each country, but it is used as an alternative currency transaction method due to individual circumstances of some Internet users. With this trend, it is predicted that such cryptocurrency can be used in real life beyond the Internet in the near future. In this paper, a technical method for designing a cryptocurrency payment system based on LoRaWAN that can easily build a wireless Internet network infrastructure at low cost as a way to activate the use of cryptocurrency in real life is presented based on the LoRaWAN standard.

Impact of Public Information Arrivals on Cryptocurrency Market: A Case of Twitter Posts on Ripple

  • Gunay, Samet
    • East Asian Economic Review
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    • v.23 no.2
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    • pp.149-168
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    • 2019
  • Public information arrivals and their immediate incorporation in asset price is a key component of semi-strong form of the Efficient Market Hypothesis. In this study, we explore the impact of public information arrivals on cryptocurrency market via Twitter posts. The empirical analysis was conducted through various methods including Kapetanios unit root test, Maki cointegration analysis and Markov regime switching regression analysis. Results indicate that while in bull market positive public information arrivals have a positive influence on Ripple's value; in bear market, however, even if the company releases good news, it does not divert out the Ripple from downward trend.

Windows Artifacts Analysis for Collecting Cryptocurrency Mining Evidence (암호화폐 채굴 증거 수집을 위한 윈도우 아티팩트 분석 기술 연구)

  • Si-Hyeon Park;Seong-Hun Han;Won-hyung Park
    • Convergence Security Journal
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    • v.22 no.1
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    • pp.121-127
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    • 2022
  • Recently, social issues related to cryptocurrency mining are continuously occurring at the same time as cryptocurrency prices are rapidly increasing. In particular, since cryptocurrency can be acquired through cryptographic operation, anyone with a computer can easily try mining, and as the asset value of major cryptocurrencies such as Bitcoin and Ethereum in creases, public interest is increasing. In addition, the number of cases where individuals who own high-spec computers mine cryptocurrencies in various places such as homes and businesses are increasing. Some miners are mining at companies or public places, not at home, due to the heat problem of computers that consume a lot of electrical energy, causing various problems in companies as well as personal moral problems. Therefore, this study studies the technology to obtain evidence for the traces of mining attempts using the Windows artifacts of the computers that mined cryptocurrency. Through this, it is expected that it can be used for internal audit to strengthen corporate security.

A Study on Blockchain Technology Adoption and Intention of Logistics Firms in Korea

  • Kim, Seong Ho
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.2
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    • pp.231-239
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    • 2020
  • Cryptocurrency, represented by Bitcoin, initially received little public attention, but recently raised global cryptocurrency investments with recognition of future value. The academic interest in cryptocurrency lies elsewhere. This is because the future value of cryptocurrency is likely to be highly applicable to the technology underlying cryptocurrency. The technology is the blockchain. The purpose of this study is to find out what factors influence logistics companies to adopt blockchain technology. Based on the TOE frame, this study presented expected profit, organizational readiness, technology compatibility, and competitive pressure as factors of adoption of blockchain technology. And the effects of these factors on the adoption intention of logistics companies were analyzed empirically. A survey was conducted on Korean logistics companies. Analysis of the collected data showed that expected profit, organizational readiness, technology compatibility, and competitive pressures influence the intention to adopt blockchain technology. Among them, however, expected profit and organizational readiness were found to have the greatest influence on adoption intention.

The Effect of CAPTCHA Exposure on Traveler's Online Behaviors

  • Jungkeun, Kim;Suh-Young Irene, Park;Jihoon, Jhang
    • Journal of Smart Tourism
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    • v.2 no.4
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    • pp.5-10
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    • 2022
  • CAPTCHA (Completely Automated Public Turing test to tell Computers and Humans Apart) is everywhere. This research explores whether and how travelers' upfront exposure to a CAPTCHA influences their subsequent behaviors. In the travel decision-making context, we investigated the relationship between CAPTCHA and travelers' hotel preferences and intent to use cryptocurrency during the trip. In two experimental studies, we found that travelers exposed to a CAPTCHA (vs. not) preferred a robot-staffed to a human-staffed hotel (Study 1) and a pro-environmental to a quality hotel (Study 2). Exposure to a CAPTCHA also influences travelers' intent to use cryptocurrency during travel (Study 2). Preference for a pro-environmental hotel does not depend on the formats of CAPTCHA ("I am not a robot" or "I am human") while intent to use cryptocurrency is higher when travelers were exposed to the "I am not a robot" than "I am human" CAPTCHA. The results of two exploratory studies suggest several potential mechanisms by which CAPTCHAs affect travelers' behaviors and call for more research on this topic.

Relations between Reputation and Social Media Marketing Communication in Cryptocurrency Markets: Visual Analytics using Tableau

  • Park, Sejung;Park, Han Woo
    • International Journal of Contents
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    • v.17 no.1
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    • pp.1-10
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    • 2021
  • Visual analytics is an emerging research field that combines the strength of electronic data processing and human intuition-based social background knowledge. This study demonstrates useful visual analytics with Tableau in conjunction with semantic network analysis using examples of sentiment flow and strategic communication strategies via Twitter in a blockchain domain. We comparatively investigated the sentiment flow over time and language usage patterns between companies with a good reputation and firms with a poor reputation. In addition, this study explored the relations between reputation and marketing communication strategies. We found that cryptocurrency firms more actively produced information when there was an increased public demand and increased transactions and when the coins' prices were high. Emotional language strategies on social media did not affect cryptocurrencies' reputations. The pattern in semantic representations of keywords was similar between companies with a good reputation and firms with a poor reputation. However, the reputable firms communicated on a wide range of topics and used more culturally focused strategies, and took more advantages of social media marketing by expanding their outreach to other social media networks. The visual big data analytics provides insights into business intelligence that helps informed policies.

A Post-Quantum Multi-Signature Scheme (양자 컴퓨팅 환경에서 안전한 다중 서명 기법)

  • Ko, Chanyoung;Lee, Youngkyung;Lee, Kwangsu;Park, Jong Hwan
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.31 no.3
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    • pp.517-526
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    • 2021
  • Recently, the acceleration of the development of quantum computers has raised the issue of the safety of factorization and discrete logarithm based digital signature schemes used in existing Internet environments. To solve the issue, several digital signature schemes are presented that are safe in post-quantum computing environments, including standardization work by the National Institute of Standards and Technology(NIST). In this paper, we design and present a multi-signature scheme based on the TACHYON announced by Behnia et al. in 2018 CCS conference, and prove the security. Multi-signature schemes are key techniques that can distribute the dependence of cryptocurrency-wallet on private keys in the cryptocurrency field, which has recently received much attention as an digital signature application, and many researchers and developers have recently been interested. The multi-signature scheme presented in this paper enables public key aggregation in a plain public key model, which does not require additional zero-knowledge proof, and can construct an effective scheme with only an aggregated public key.

The Role and Opportunity of Blockchain in the Fourth Industrial Revolution (4차 산업혁명에서의 블록체인의 역할과 기회)

  • Moon, Seung Hyeog
    • The Journal of the Convergence on Culture Technology
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    • v.5 no.3
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    • pp.55-60
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    • 2019
  • It is true that Blockchain has been known as a core technology for cryptocurrency like bitcoin (BTC). It is caused by its rapid value rises. Now, one BTC is trading around 10,000 US dollars while it bought just less than one dollar at its first trading in May, 2010. Blockchain makes on-line transactions possible by the safe cryptocurrency swiftly based on P2P network and distributed public ledger while its on-line traffic is rapidly increasing. However, this technology has bigger potential in the fourth industrial revolution era and its application areas will be varied. The evolving intelligent information society needs to make new added value through utilizing, sharing and processing of useful digital information. Obstacles such as hacking and fraud often exist when transactions of digital properties, right transfers, etc. are done through digital network specialized with anonymity. It is expected that blockchain will be a definite solution in this regard. This paper addresses useful development directions and countermeasures for blokchain in the digital economy by analysis of its current status and issues.

Recovery Phrase Management Scheme for Public Blockchain Wallets based on OTP (공용 블록체인 지갑을 위한 OTP 기반 계정 복구 문자열 관리 체계)

  • Song, Seounghan;Kim, Suntae;Shin, Jung-Hoon;Lee, Jeong-Hyu
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.20 no.1
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    • pp.35-44
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    • 2020
  • The growing use of public blockchain-based virtual cryptocurrency calls for secure management of blockchain account information managed through cryptocurrency wallet programs. The previously proposed wallet program has high security in terms of managing an account's private key, but low security in managing an account's recovery phrase. Therefore, in this paper, we propose a safe management system of blockchain account recovery string based on the new user authentication method using the user's mobile device information and OTP technique to overcome the problem of the existing account recovery string management method. It also conducts an analysis of the proposed blockchain account recovery string management system based on the expected behavior scenario.

A Study on the Quantitative Evaluation of Initial Coin Offering (ICO) Using Unstructured Data (비정형 데이터를 이용한 ICO(Initial Coin Offering) 정량적 평가 방법에 대한 연구)

  • Lee, Han Sol;Ahn, Sangho;Kang, Juyoung
    • Smart Media Journal
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    • v.11 no.5
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    • pp.63-74
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    • 2022
  • Initial public offering (IPO) has a legal framework for investor protection, and because there are various quantitative evaluation factors, objective analysis is possible, and various studies have been conducted. In addition, crowdfunding also has several devices to prevent indiscriminate funding as the legal system for investor protection. On the other hand, the blockchain-based cryptocurrency white paper (ICO), which has recently been in the spotlight, has ambiguous legal means and standards to protect investors and lacks quantitative evaluation methods to evaluate ICOs objectively. Therefore, this study collects online-published ICO white papers to detect fraud in ICOs, performs ICO fraud predictions based on BERT, a text embedding technique, and compares them with existing Random Forest machine learning techniques, and shows the possibility on fraud detection. Finally, this study is expected to contribute to the study of ICO fraud detection based on quantitative methods by presenting the possibility of using a quantitative approach using unstructured data to identify frauds in ICOs.