W. Tsai, Zihao Zhao, Chi Zhang, Lian Yu, Enyan Deng
{"title":"CBDC的多链模型","authors":"W. Tsai, Zihao Zhao, Chi Zhang, Lian Yu, Enyan Deng","doi":"10.1109/DSA.2018.00016","DOIUrl":null,"url":null,"abstract":"Recently digital currency has received significant attention, and among many topics within digital currency, CBDC (Central Bank issued Digital Currency) has been a hot topic as it will affect national currency systems. RSCoin is the first CBDC model sponsored by Bank of England, and it uses the UTXO model from Bitcoin. This paper proposes a new CBDC model Panda model that can store account balance like current banking systems, but use efficient consensus protocols to ensure that relevant parties have consistent views of transactions and accounts. The Panda model is scalable as it can include as many financial institutions or individuals as possible in the system with increasing or decreasing workloads. The model has been simulated in the TaiShan Sandbox in Qingdao.","PeriodicalId":117496,"journal":{"name":"2018 5th International Conference on Dependable Systems and Their Applications (DSA)","volume":"9 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"14","resultStr":"{\"title\":\"A Multi-Chain Model for CBDC\",\"authors\":\"W. Tsai, Zihao Zhao, Chi Zhang, Lian Yu, Enyan Deng\",\"doi\":\"10.1109/DSA.2018.00016\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Recently digital currency has received significant attention, and among many topics within digital currency, CBDC (Central Bank issued Digital Currency) has been a hot topic as it will affect national currency systems. RSCoin is the first CBDC model sponsored by Bank of England, and it uses the UTXO model from Bitcoin. This paper proposes a new CBDC model Panda model that can store account balance like current banking systems, but use efficient consensus protocols to ensure that relevant parties have consistent views of transactions and accounts. The Panda model is scalable as it can include as many financial institutions or individuals as possible in the system with increasing or decreasing workloads. The model has been simulated in the TaiShan Sandbox in Qingdao.\",\"PeriodicalId\":117496,\"journal\":{\"name\":\"2018 5th International Conference on Dependable Systems and Their Applications (DSA)\",\"volume\":\"9 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"14\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2018 5th International Conference on Dependable Systems and Their Applications (DSA)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/DSA.2018.00016\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2018 5th International Conference on Dependable Systems and Their Applications (DSA)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/DSA.2018.00016","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Recently digital currency has received significant attention, and among many topics within digital currency, CBDC (Central Bank issued Digital Currency) has been a hot topic as it will affect national currency systems. RSCoin is the first CBDC model sponsored by Bank of England, and it uses the UTXO model from Bitcoin. This paper proposes a new CBDC model Panda model that can store account balance like current banking systems, but use efficient consensus protocols to ensure that relevant parties have consistent views of transactions and accounts. The Panda model is scalable as it can include as many financial institutions or individuals as possible in the system with increasing or decreasing workloads. The model has been simulated in the TaiShan Sandbox in Qingdao.