Anonymizing bitcoin transaction

Dimaz Ankaa Wijaya; Joseph K. Liu; Ron Steinfeld; Shi Feng Sun; Xinyi Huang

doi:10.1007/978-3-319-49151-6_19

Anonymizing bitcoin transaction

Dimaz Ankaa Wijaya, Joseph K. Liu^*, Ron Steinfeld, Shi Feng Sun, Xinyi Huang

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

16 Citations (Scopus)

Abstract

Bitcoin is a new online decentralised payment system equipped by a cryptographic system which runs in a peer-to-peer network. While it denies any central authority, it can still verify and validate the transactions by its protocol. To make the transactions accountable, Bitcoin uses an open database which can be seen and checked by anyone. Despite no direct relationship between the Bitcoin transactions and the identity of the users, the information about the users can still be gathered by analysing the information contained in the transactions. We propose a protocol which minimises the relationship between the transactions to protect the information of the payer from the curious payee.

Original language	English
Title of host publication	Information Security Practice and Experience
Subtitle of host publication	12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings
Editors	Feng Bao, Liqun Chen, Robert H. Deng, Guojun Wang
Place of Publication	Cham
Publisher	Springer, Springer Nature
Pages	271-283
Number of pages	13
ISBN (Electronic)	9783319491516
ISBN (Print)	9783319491509
DOIs	https://doi.org/10.1007/978-3-319-49151-6_19
Publication status	Published - 2016
Externally published	Yes
Event	12th International Conference on Information Security Practice and Experience, ISPEC 2016 - Zhangjiajie, China Duration: 16 Nov 2016 → 18 Nov 2016

Publication series

Name	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume	10060
ISSN (Print)	0302-9743
ISSN (Electronic)	1611-3349

Other

Other	12th International Conference on Information Security Practice and Experience, ISPEC 2016
Country/Territory	China
City	Zhangjiajie
Period	16/11/16 → 18/11/16

Keywords

Anonymity
Bitcoin
Privacy

Access to Document

10.1007/978-3-319-49151-6_19

Cite this

Wijaya, D. A., Liu, J. K., Steinfeld, R., Sun, S. F., & Huang, X. (2016). Anonymizing bitcoin transaction. In F. Bao, L. Chen, R. H. Deng, & G. Wang (Eds.), Information Security Practice and Experience: 12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings (pp. 271-283). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 10060). Springer, Springer Nature. https://doi.org/10.1007/978-3-319-49151-6_19

Wijaya, Dimaz Ankaa ; Liu, Joseph K. ; Steinfeld, Ron et al. / Anonymizing bitcoin transaction. Information Security Practice and Experience: 12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings. editor / Feng Bao ; Liqun Chen ; Robert H. Deng ; Guojun Wang. Cham : Springer, Springer Nature, 2016. pp. 271-283 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).

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abstract = "Bitcoin is a new online decentralised payment system equipped by a cryptographic system which runs in a peer-to-peer network. While it denies any central authority, it can still verify and validate the transactions by its protocol. To make the transactions accountable, Bitcoin uses an open database which can be seen and checked by anyone. Despite no direct relationship between the Bitcoin transactions and the identity of the users, the information about the users can still be gathered by analysing the information contained in the transactions. We propose a protocol which minimises the relationship between the transactions to protect the information of the payer from the curious payee.",

keywords = "Anonymity, Bitcoin, Privacy",

author = "Wijaya, \{Dimaz Ankaa\} and Liu, \{Joseph K.\} and Ron Steinfeld and Sun, \{Shi Feng\} and Xinyi Huang",

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doi = "10.1007/978-3-319-49151-6\_19",

language = "English",

isbn = "9783319491509",

series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",

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pages = "271--283",

editor = "Feng Bao and Liqun Chen and Deng, \{Robert H.\} and Guojun Wang",

booktitle = "Information Security Practice and Experience",

address = "United States",

note = "12th International Conference on Information Security Practice and Experience, ISPEC 2016 ; Conference date: 16-11-2016 Through 18-11-2016",

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Wijaya, DA, Liu, JK, Steinfeld, R, Sun, SF & Huang, X 2016, Anonymizing bitcoin transaction. in F Bao, L Chen, RH Deng & G Wang (eds), Information Security Practice and Experience: 12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 10060, Springer, Springer Nature, Cham, pp. 271-283, 12th International Conference on Information Security Practice and Experience, ISPEC 2016, Zhangjiajie, China, 16/11/16. https://doi.org/10.1007/978-3-319-49151-6_19

Anonymizing bitcoin transaction. / Wijaya, Dimaz Ankaa; Liu, Joseph K.; Steinfeld, Ron et al.
Information Security Practice and Experience: 12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings. ed. / Feng Bao; Liqun Chen; Robert H. Deng; Guojun Wang. Cham: Springer, Springer Nature, 2016. p. 271-283 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 10060).

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

TY - GEN

T1 - Anonymizing bitcoin transaction

AU - Wijaya, Dimaz Ankaa

AU - Liu, Joseph K.

AU - Steinfeld, Ron

AU - Sun, Shi Feng

AU - Huang, Xinyi

PY - 2016

Y1 - 2016

N2 - Bitcoin is a new online decentralised payment system equipped by a cryptographic system which runs in a peer-to-peer network. While it denies any central authority, it can still verify and validate the transactions by its protocol. To make the transactions accountable, Bitcoin uses an open database which can be seen and checked by anyone. Despite no direct relationship between the Bitcoin transactions and the identity of the users, the information about the users can still be gathered by analysing the information contained in the transactions. We propose a protocol which minimises the relationship between the transactions to protect the information of the payer from the curious payee.

AB - Bitcoin is a new online decentralised payment system equipped by a cryptographic system which runs in a peer-to-peer network. While it denies any central authority, it can still verify and validate the transactions by its protocol. To make the transactions accountable, Bitcoin uses an open database which can be seen and checked by anyone. Despite no direct relationship between the Bitcoin transactions and the identity of the users, the information about the users can still be gathered by analysing the information contained in the transactions. We propose a protocol which minimises the relationship between the transactions to protect the information of the payer from the curious payee.

KW - Anonymity

KW - Bitcoin

KW - Privacy

UR - https://www.scopus.com/pages/publications/84996477087

U2 - 10.1007/978-3-319-49151-6_19

DO - 10.1007/978-3-319-49151-6_19

M3 - Conference proceeding contribution

AN - SCOPUS:84996477087

SN - 9783319491509

T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)

SP - 271

EP - 283

BT - Information Security Practice and Experience

A2 - Bao, Feng

A2 - Chen, Liqun

A2 - Deng, Robert H.

A2 - Wang, Guojun

PB - Springer, Springer Nature

CY - Cham

T2 - 12th International Conference on Information Security Practice and Experience, ISPEC 2016

Y2 - 16 November 2016 through 18 November 2016

ER -

Wijaya DA, Liu JK, Steinfeld R, Sun SF, Huang X. Anonymizing bitcoin transaction. In Bao F, Chen L, Deng RH, Wang G, editors, Information Security Practice and Experience: 12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings. Cham: Springer, Springer Nature. 2016. p. 271-283. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). doi: 10.1007/978-3-319-49151-6_19

Anonymizing bitcoin transaction

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