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Coalition Formation Game for Cost-Efficient Multiparty Payment Channel in Payment Channel Networks

open access: yesSensors, 2023
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
doaj   +3 more sources

Network issues and payment systems [PDF]

open access: yes, 1997
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]

open access: yesE3S Web of Conferences, 2021
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
doaj   +1 more source

A Transition Transfer Mechanism in Payment Network

open access: yesIEEE Access, 2023
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
doaj   +1 more source

CLoTH: A Lightning Network Simulator

open access: yesSoftwareX, 2021
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
doaj   +1 more source

The Estimation of Monopoly Power in Two Sided Markets; The Case Study of Payment Cards in Iran [PDF]

open access: yesفصلنامه پژوهش‌های اقتصادی ایران, 2021
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
doaj   +1 more source

Risk monitoring in Ecuador's payment system: Implementation of a network topology study

open access: yesLatin American Journal of Central Banking, 2021
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
doaj   +1 more source

Measuring the impact of a failing participant in payment systems

open access: yesLatin American Journal of Central Banking, 2023
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
doaj   +1 more source

Research on Multiparty Payment Technology Based on Blockchain and Smart Contract Mechanism

open access: yesJournal of Mathematics, 2022
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
doaj   +1 more source

Pattern recognition of financial institutions’ payment behavior

open access: yesLatin American Journal of Central Banking, 2020
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
doaj   +1 more source

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