The blockchain and the sidechain innovations for the electronic commerce beyond the Bitcoin's framework

Olivier Hueber

International Journal of Transitions and Innovation Systems, 2018, vol. 6, issue 1, 88-102

Abstract: This paper provides a description of the blockchain that underpins the Bitcoins. This paper provides a new mechanism to reinforce the credibility of online transactions based on blockchain technology. It then becomes possible to explore the future of the blockchain technology in other online electronic markets of goods and services. We assert that the blockchain technology, still linked with the BT, could become in the near future the keystone of many electronic markets and could considerably increase online transactions. A cryptocurrency regime based on sidechain is modelled and a public blockchain controlled by a central is proposed.

Keywords: blockchain; sidechain; Bitcoin; cryptocurrency; memory; payment system; online market; electronic money; monetary regime. (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=90770 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtisy:v:6:y:2018:i:1:p:88-102

Access Statistics for this article

More articles in International Journal of Transitions and Innovation Systems from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().