An Auditable, Privacy-Preserving, Transparent Unspent Transaction Output Model for Blockchain-Based Central Bank Digital Currency

An Auditable, Privacy-Preserving, Transparent Unspent Transaction Output Model for Blockchain-Based Central Bank Digital Currency

Auditability, privacy, transparency, and resiliency are four essential properties of a central bank digital currency (CBDC) system. However, it is difficult to satisfy these properties at once. This issue has become a crucial challenge to ongoing CBDC projects worldwide. In this article, we propose...

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Bibliographic Details
Main Authors: Md. Mainul Islam, Hoh Peter IN
Format: Article
Language:English
Published: IEEE 2024-01-01
Series:IEEE Open Journal of the Computer Society
Subjects:
Unspent transaction output
central bank digital currency
consortium blockchain
lightweight zero-knowledge proof
decentralized identifier
elliptic curve cryptography
Online Access:https://ieeexplore.ieee.org/document/10734236/
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https://ieeexplore.ieee.org/document/10734236/

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