Proceedings of the 2015 International Conference on Intelligent Systems Research and Mechatronics Engineering

IC card-based bitcoin payment design and implement

Authors
Weihong Wang, Peng Li
Corresponding Author
Weihong Wang
Available Online April 2015.
DOI
10.2991/isrme-15.2015.174How to use a DOI?
Keywords
Bitcoin payment; IC card; Transaction selection
Abstract

Bitcoin is a virtual currency based on the P2P network. Because of decentralization, anonymity, stability and other advantages, Bitcoin develops rapidly. In order to cope with increasingly wide application fields of bitcoin, this research designs bitcoin’s payment based on the IC card, which improves its safety and convenience. According to Bitcoin’s unique utilization, we’ve designed and achieved the documental structure of Bitcoin IC card and mutual authentication between PSAM card and IC card. With the combination of IC card private key and user's private key leading to account’s private key, it will be safer to private key. Besides using merge-avoidance algorithm when trading improves the security of the account.

Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 International Conference on Intelligent Systems Research and Mechatronics Engineering
Series
Advances in Intelligent Systems Research
Publication Date
April 2015
ISBN
10.2991/isrme-15.2015.174
ISSN
1951-6851
DOI
10.2991/isrme-15.2015.174How to use a DOI?
Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Weihong Wang
AU  - Peng Li
PY  - 2015/04
DA  - 2015/04
TI  - IC card-based bitcoin payment design and implement
BT  - Proceedings of the 2015 International Conference on Intelligent Systems Research and Mechatronics Engineering
PB  - Atlantis Press
SP  - 847
EP  - 850
SN  - 1951-6851
UR  - https://doi.org/10.2991/isrme-15.2015.174
DO  - 10.2991/isrme-15.2015.174
ID  - Wang2015/04
ER  -