Practical Solutions to Save Bitcoins Applied to an Identity System Proposal

Daniel Augot, Hervé Chabanne, William George

Abstract

In a recent work by Augot et al. (2017), a scheme is proposed to build an identity system on top of the Bitcoin network. However, this proposal incurs very high costs since Bitcoin transactions require heavy fees. The current work introduces modifications to their scheme to make it more cost efficient while preserving its potential. Namely, we build on features of Bitcoin’s scripting language, which allows swapping coins between two compatible blockchains, and also on off-chain transactions.

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Paper Citation


in Harvard Style

Augot D., Chabanne H. and George W. (2019). Practical Solutions to Save Bitcoins Applied to an Identity System Proposal.In Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP, ISBN 978-989-758-359-9, pages 511-518. DOI: 10.5220/0007443905110518


in Bibtex Style

@conference{icissp19,
author={Daniel Augot and Hervé Chabanne and William George},
title={Practical Solutions to Save Bitcoins Applied to an Identity System Proposal},
booktitle={Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP,},
year={2019},
pages={511-518},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007443905110518},
isbn={978-989-758-359-9},
}


in EndNote Style

TY - CONF

JO - Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP,
TI - Practical Solutions to Save Bitcoins Applied to an Identity System Proposal
SN - 978-989-758-359-9
AU - Augot D.
AU - Chabanne H.
AU - George W.
PY - 2019
SP - 511
EP - 518
DO - 10.5220/0007443905110518