Coalition Formation Game for Cost-Efficient Multiparty Payment Channel in Payment Channel Networks
Blockchain has introduced a new era for online payment services and its economy with tamper-proof cryptocurrencies. However, blockchain, which is based on global peer-to-peer networks, has its limitations due to payment delays from global consensus and ...
Wooseong Kim
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Network issues and payment systems [PDF]
Highways, railroads, pipelines—we see or hear about these types of physical networks almost every day. But information systems, such as the Internet, and payment systems, such as ATMs and credit cards, also involve networks.
James J. McAndrews
core +1 more source
Study on Mediating Effects Under Actions of Households’ Online Shopping Influence Factors and Cash-free Payment [PDF]
Household’s online consumption behaviors are affected by multi-dimensional factors. In this work, upon the financial survey data of Chinese family in 2017, households’online shopping influence factors are analyzed in the empirical form, and the mediating
Qin Ruobing, Tan Jingwen
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A Transition Transfer Mechanism in Payment Network
People’s economic activities constitute a payment network for money transfers. The existing studies on the transfer law of money in payment networks are relatively few and need to explain the money transfer mechanism in detail.
Haoran Zheng, Yi Tang, Jiashuo Zhang
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CLoTH: A Lightning Network Simulator
Payment-channel networks are one of the most promising solution to the well-known issue of blockchain scalability. In this work we present CLoTH, a simulator of the Lightning Network — the mainstream payment-channel network, used in Bitcoin.
Marco Conoscenti +2 more
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The Estimation of Monopoly Power in Two Sided Markets; The Case Study of Payment Cards in Iran [PDF]
This article examines the theory of network-based economics (two-sided markets) and considers payment cards in Iran as a case study. Based on the monthly data of the Central Bank of Iran and the payment cards of electronic networks in Iran (SHAPARAK ...
Reza Taleblou +2 more
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Risk monitoring in Ecuador's payment system: Implementation of a network topology study
Payment systems are fundamental pillars of countries’ economic stability and financial systems. Central banks use them to promote safe and efficient electronic payments.
Jeniffer Rubio +2 more
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Measuring the impact of a failing participant in payment systems
Large banks and critical financial market infrastructures (FMIs) that are not able to fulfill their payment obligations, for example following a bankruptcy or cyber-attack, can be a source of financial instability and contagion in the financial system ...
Ronald Heijmans, Froukelien Wendt
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Research on Multiparty Payment Technology Based on Blockchain and Smart Contract Mechanism
As a peer-to-peer “P2P” distributed ledger, the blockchain has the advantages of decentralization, no trust, open autonomy, and nontampering. Therefore, many users are willing to conduct transactions in blockchain cryptocurrency systems such as Bitcoin ...
Yanjun Zhang
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Pattern recognition of financial institutions’ payment behavior
We present a general supervised machine-learning methodology to represent the payment behavior of financial institutions starting from a database of transactions in the Colombian large-value payment system. The methodology learns a feedforward artificial
Carlos León +4 more
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