Trust Evaluation of Blockchain-Based Cryptocurrencies: The Cases of Bitcoin and Diem

Nada Elsokkary, Muhammad Habib Ur Rehman, Sabah Suhail, Hermann Kaindl, Davor Svetinovic

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Despite a recent increase in popularity, most individuals remain hesitant to use cryptocurrencies due to concerns about their volatility, general lack of understanding of blockchain technology, and various trust issues. Therefore, it is of high priority for the community to better understand such systems, and what increases or decreases trust in them. In this paper, we explore the current trust-related requirements on blockchain systems, focusing on the use of the dedicated requirements elicitation method TrUStAPIS. We evaluate Bitcoin and Diem trust issues and requirements. Based on the evaluation, we present a cryptocurrency trust model.

Original languageBritish English
Title of host publication2022 International Balkan Conference on Communications and Networking, BalkanCom 2022
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages73-77
Number of pages5
ISBN (Electronic)9781665487641
DOIs
StatePublished - 2022
Event2022 International Balkan Conference on Communications and Networking, BalkanCom 2022 - Sarajevo, Bosnia and Herzegovina
Duration: 22 Aug 202224 Aug 2022

Publication series

Name2022 International Balkan Conference on Communications and Networking, BalkanCom 2022

Conference

Conference2022 International Balkan Conference on Communications and Networking, BalkanCom 2022
Country/TerritoryBosnia and Herzegovina
CitySarajevo
Period22/08/2224/08/22

Keywords

  • bitcoin
  • blockchain
  • diem
  • stablecoin
  • trust

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