ASU Electronic Theses and Dissertations
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The success of Bitcoin has generated significant interest in the financial community to understand whether the technological underpinnings of the cryptocurrency paradigm can be leveraged to improve the efficiency of financial processes in the existing infrastructure. Various alternative proposals, most notably, Ripple and Ethereum, aim to provide solutions to the financial community in different ways. These proposals derive their security guarantees from either the computational hardness of proof-of-work or voting based distributed consensus mechanism, both of which can be computationally expensive. Furthermore, the financial audit requirements for a participating financial institutions have not been suitably addressed. This thesis presents a …
- Gupta, Saurabh, Bazzi, Rida, Ahn, Gail-Joon, et al.
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