scholarly journals Blockchain as a Tool to Protect Against Unfair Actions in Issuing Digital Banking Guarantees

2020 ◽  
Vol 15 (7) ◽  
pp. 39-48
Author(s):  
I. E. Mikheeva
Keyword(s):  
Data Transfer ◽  
Legal Regulation ◽  
Data Encryption ◽  
Security Level ◽  
Blockchain Technology ◽  
National Bank ◽  
Block Chain ◽  
The Republic ◽  
Protection Of Participants ◽  
And Storage

The paper is devoted to the analysis of the legal regulation and practice of issuing digital banking guarantees using blockchain technology in Russia and the Republic of Belarus. The author concludes that the blockchain technology allows us to reduce the time necessary to issue digital bank guarantees in comparison with other ways of issuing bank guarantees. Higher security level can be provided due to the special properties of the technology used to carry out data transfer, its reporting and storage. The paper also deals with the characteristics of blockchain technology that improve protection of participants from unscrupulous actions that can take place during such actions as data encryption, the use of encryption keys and recording in the block chain. The paper examines the experience of the National Bank of the Republic of Belarus regarding the use of blockchain technology to issue and record bank guarantees. The author investigates cases when Russian banks issued bank guarantees using the Masterchain platform and prospects of development of a digital form for guarantees. In addition, the paper concludes that maintaining a ledger working on the basis of blockchain technology for accounting digital bank guarantees will minimize unfair behavior in case of their counterfeiting.

scholarly journals MINING AND BUSINESS ACTIVITIES: IN SEARCH OF THE BALANCE

2019 ◽  
pp. 73-82 ◽  
Author(s):  
I. V. Ershova ◽  
E. V. Trofimova
Keyword(s):  
Legal Regulation ◽  
Digital Economy ◽  
State Regulation ◽  
Entrepreneurial Activity ◽  
Advantages And Disadvantages ◽  
Layer Cake ◽  
Blockchain Technology ◽  
Private And Public ◽  
The Republic ◽  
Definition Of

The article reveals the content and outlines approaches to the definition of the legal nature of mining. Attention is drawn to the necessity of legal regulation of this activity, which is predetermined by the Federal Program «Digital Economy of the Russian Federation» — a project that provides for normative regulation of the digital environment. In order to support the mission to eliminate digital illiteracy, which is also envisaged in the National Program, the author elucidates the etymology and meaning of the term «mining» and considers various doctrinal interpretations of this concept. The paper presents such analogies of the blochchain technology as the public ledger, DNA, and a layer-cake for a better understanding of the blockchain technology that is associated with mining. Material-technical and organizational foundations of mining are revealed. The author demonstrates advantages and disadvantages of solo mining, pool mining, and cloud mining. The results of comparative monitoring of the attitude to the recognition of cryptocurrency as a means of payment are presented. Attention is drawn to the liberal legal regulation of blockchain technology and mining under the laws of the Republic of Belarus. The paper determines the stages of a law-making process aimed at legal support of mining in Russia. Based on the results of comparison of concepts of entrepreneurial activity and mining, it is concluded that mining represents one of new types of entrepreneurship brought to life due to the needs of digital economy. The author suggests thatmining participants be recognized as self-employed persons. It is noted that the entrepreneurial nature of mining arises questions concerning measures of its state regulation which is difficult within the framework of the existing paradigm, but should be built on the basis of a balance between private and public interests.

scholarly journals The improvement of statutory and legal regulation of payment system of the Republic of Kazakhstan

2021 ◽  
pp. 97-103
Author(s):  
B. B. Amangozhayeva ◽  
S. S. Abdíldín ◽  
Sh. D. Kydyrbaeva
Keyword(s):  
Information Transfer ◽  
Shadow Economy ◽  
Legal Regulation ◽  
Payment System ◽  
Payment Systems ◽  
Regulatory Documents ◽  
National Bank ◽  
The Republic ◽  
Financial Transactions ◽  
Modern Technologies

The development of payment systems implies continuous improvement, updating and updating for all their components. This article discusses the issues of functioning, regulatory regulation and further transformation of the payment systems of the Republic of Kazakhstan, taking into account modern realities. The main legislative acts, regulatory documents and requirements regulating the activity of the payment market are considered. The national payment system of the Republic of Kazakhstan, which is in contact with all aspects of the economic activity of the state, is today a strategically important channel that makes it possible to conduct clear and high-quality financial transactions. Currently, the National Bank of the Republic of Kazakhstan and the Agency for Regulation and Development of the Financial Market are taking measures to implement the program for the development of the national payment system until 2025. The program is implemented to address the issues of combating the shadow economy and increasing the share of non-cash payments. The lag in the development and improvement of payment systems leads to the destabilization of the financial sector and reduces the competitiveness of the national economy. This determines the demand for quicker payment processing, expansion of non-cash payments, the introduction of modern technologies and methods of information transfer, increase the security of information systems, to ensure effective and reliable service to all participants. At the same time, the main stages and key tasks of the implementation of the program for the development of the national payment system of the Republic of Kazakhstan are analyzed.

scholarly journals A VERSATILE SECURITY FRAMEWORK USING BLOCKCHAIN TECHNOLOGY FOR FIFTH GENERATION COMMUNICATION NETWORKS

2021 ◽  
Vol 9 (1) ◽  
pp. 1099-1109
Author(s):  
Sakthibalan P., Devarajan K.
Keyword(s):  
Access Control ◽  
Communication Networks ◽  
Information Exchange ◽  
Data Transfer ◽  
Security Level ◽  
Security Framework ◽  
Service Support ◽  
Blockchain Technology ◽  
Fifth Generation ◽  
5G Network

The fifth-generation (5G) network assimilates terahertz bandwidth and machine type communication (MTC) for swift and reliable data transfer and information exchange. It incorporates sophisticated cloud, Internet of Things (IoT), and other software-defined architectures for providing scalable service support. However, due to the heterogeneous integration of devices and architectures, secure infrastructures needto become mandatory. In this article, a Blockchain-based Versatile Security Framework (BVSF) is introduced to provide robust and adaptable authentication and access control in the 5G environment. The proposed framework allocates blocks for user equipment (UE) authentication and resource access control in a parallel manner. The verification of security level between resources, infrastructures, and UEs aids in extending or attenuating blockchain services. Based on the different security level assessments, the UE requests are precisely mapped or reallocated to the resources, improving the response rate and the framework adaptability.

scholarly journals Cryptocurrency as a modern phenomenon: advantages, disadvantages, problems of legal regulation

2021 ◽  
pp. 97-101
Author(s):  
A.V. Steblianko ◽  
D.A. Riepin
Keyword(s):  
Legal Status ◽  
Legal Regulation ◽  
The European Union ◽  
State And Society ◽  
National Bank ◽  
New Type ◽  
Illegal Acts ◽  
The Republic ◽  
And Control ◽  
Technical Plan

The article is devoted to the study of cryptocurrency as a new means of payment, which is relevant both in Ukraine and abroad. The urgency of the problem described in the article is due to the accelerated scientific and technological progress and global computerization of society, where modern technologies contribute to the emergence and development of new mechanisms of the economy, in particular, relations using non-cash payments. The main features of cryptocurrency are considered and argued in the form of its advantages: availability, speed, decentralization, security, and disadvantages: unreliability, distrust of users, inability to cancel transactions, use to commit illegal acts. The features that are controversial in modern conditions are anonymity and transnationality. The main problems of cryptocurrency and its legal regulation are generalized. Emphasis is placed on the practice of regulating the cryptocurrency market in the European Union, as well as on the legislation of the Republic of Estonia in the field of virtual assets. The legal status of cryptocurrency in Ukraine is considered, which is an urgent problem on the way to its legalization both in the legislative and technical plan. Attempts to legally regulate a new type of currency are analyzed. Bills and acts of the National Bank of Ukraine in the field of cryptocurrency circulation are described. Gaps in the current legislation, in particular in the Law of Ukraine "On Prevention of Corruption", were identified, and ways to solve such problems were suggested. It is concluded that it is necessary to develop and create effective legislation in the field of regulation and control of cryptocurrency circulation not only at the national but also at the international level, because otherwise there is a threat to economic and financial life of the state and society and other problems for the international community. in the form of criminal acts with cryptocurrency, because today in Ukraine there is no effective legislation on the circulation of cryptocurrency, and the number of problems with the use of digital currency is growing every day, so it is worth paying attention to such components as the Internet and virtual assets, as in the leading countries of the world this direction is important in domestic and foreign policy.

Crypto-Compression of Images Based on The ANNs and The AES Algorithm

2011 ◽  
Vol 2 (3) ◽  
pp. 1
Author(s):  
Benlcouiri Younes ◽  
Benabdellah Mohammed ◽  
Ismaili M.C. ◽  
Azizi Abdelmalek
Keyword(s):  
Computer Networks ◽  
Data Transfer ◽  
Hybrid Approach ◽  
Data Encryption ◽  
Optimum Level ◽  
Still Images ◽  
Aes Algorithm ◽  
Public Networks ◽  
And Storage

The compression and the data encryption are two technologies whose importance is growing exponentially in a myriad of applications. In addition, the excessive use of computer networks for data transfer must obviously obey to a double objective: the reduction of the volume of data in order to clutter the maximum possible public networks of communication and the confidentiality in order to ensure an optimum level of security. In this sense, and in order to ensure the optimization and securing of the transmission and storage of still images, we propose in this work a new hybrid approach for crypto-compression which applies an encryption based on the AES algorithm on the parameters of the compression by network of neuron multilayer.

scholarly journals User Selective Encryption Method for Securing MANETs

2018 ◽  
Vol 8 (5) ◽  
pp. 3103
Author(s):  
Amal Ahmad ◽  
Shereen Ismail
Keyword(s):  
Key Management ◽  
Data Transfer ◽  
Dynamic Networks ◽  
Data Encryption ◽  
Security Level ◽  
Network Simulator ◽  
Selective Encryption ◽  
Security Issue ◽  
Diffie Hellman Key Exchange ◽  
Encryption Method

<span>Security issue is getting important day by day. At present, there are a variety of methodologies to provide protection for data confidentiality. MANETs have lots of security challenges than traditional networks like infrastructureless and self-organizing requirements. As the MANETs are dynamic networks that’s make every transmission in such networks vulnerable to many attacks and improving security level becomes a main issue. This paper introduces a user selective encryption method by operating Data Encryption Standard (DES), Triple DES (3DES), Advanced Encryption Standard (AES) and the Diffie-Hellman Key Exchange (DHKE) protocol for key management in order to improve MANET security. Through the Network Simulator-2 (NS-2), the we investigate the performance of the proposed method in terms of data transfer time and network throughput for different data sizes and different sender-to-receiver number of hops. The results show the superiority of AES over other encryption algorithms. Furthermore, the effectiveness of our proposed method is verified through comparing our results with those obtained from previous studies.</span>

Activity of public control entities and development of distributed computing and distributed data storage systems

2018 ◽  
pp. 14-22
Author(s):  
D. V. Gribanov
Keyword(s):  
Distributed Computing ◽  
Data Storage ◽  
Storage Systems ◽  
Legal Regulation ◽  
Distributed Data ◽  
Distributed Data Storage ◽  
Public Control ◽  
Blockchain Technology ◽  
Legal Method ◽  
Digital Assets

Introduction. This article is devoted to legal regulation of digital assets turnover, utilization possibilities of distributed computing and distributed data storage systems in activities of public authorities and entities of public control. The author notes that some national and foreign scientists who study a “blockchain” technology (distributed computing and distributed data storage systems) emphasize its usefulness in different activities. Data validation procedure of digital transactions, legal regulation of creation, issuance and turnover of digital assets need further attention.Materials and methods. The research is based on common scientific (analysis, analogy, comparing) and particular methods of cognition of legal phenomena and processes (a method of interpretation of legal rules, a technical legal method, a formal legal method and a formal logical one).Results of the study. The author conducted an analysis which resulted in finding some advantages of the use of the “blockchain” technology in the sphere of public control which are as follows: a particular validation system; data that once were entered in the system of distributed data storage cannot be erased or forged; absolute transparency of succession of actions while exercising governing powers; automatic repeat of recurring actions. The need of fivefold validation of exercising governing powers is substantiated. The author stresses that the fivefold validation shall ensure complex control over exercising of powers by the civil society, the entities of public control and the Russian Federation as a federal state holding sovereignty over its territory. The author has also conducted a brief analysis of judicial decisions concerning digital transactions.Discussion and conclusion. The use of the distributed data storage system makes it easier to exercise control due to the decrease of risks of forge, replacement or termination of data. The author suggests defining digital transaction not only as some actions with digital assets, but also as actions toward modification and addition of information about legal facts with a purpose of its establishment in the systems of distributed data storage. The author suggests using the systems of distributed data storage for independent validation of information about activities of the bodies of state authority. In the author’s opinion, application of the “blockchain” technology may result not only in the increase of efficiency of public control, but also in the creation of a new form of public control – automatic control. It is concluded there is no legislation basis for regulation of legal relations concerning distributed data storage today.

Electronic Communication in the Paradigm of Interaction of State and Society

2020 ◽  
pp. 11-17
Keyword(s):  
Electronic Communication ◽  
Legal Regulation ◽  
Digital Environment ◽  
Active Involvement ◽  
Communication Law ◽  
State And Society ◽  
Legal Communication ◽  
The Republic ◽  
The Government ◽  
The Right

In recent decades, the phenomenon of mass electronic communication has been studied by various sciences. The right also turned out to be included in a similar discourse. Communication in the digital environment is the reason for the interaction of previously distant segments of society. In modern law, the concept of electronic communication remains in a certain sense debatable, it is often identified with legal communication. At the same time, electronic communication has an additional «dimension». The globalization of the information space encourages legal scholars to study electronic communication as the action and interaction of various actors, based on Internet technologies using web services, portals, blogs, websites, social networks. There is a need for re- levant legal regulation of the informational interaction between the authorities and society in the Republic of Belarus, in connection with which a new «field» is opening up for activities in various areas of law. The meaning of electronic communication is constantly expanding and, depending on the specialization, even varies. For an adequate understanding of electronic communication, law must take into account the tools of other humanities. In contact with the digital environment, legal science is called upon to reformat research tasks to explain the new empirical and theoretical experience associated with the transformation of the paradigm of interaction between the state and society in the network structures. The author comprehends these issues in relation to the conditions of development of e-government in the Republic of Belarus and the need for more active involvement of the public in the government.

scholarly journals A Facile Co-crystallization Approach to Fabricate Two-component Carbon Dots Composites Showing Time-Dependent Evolutive Room Temperature Phosphorescence Colors

2021 ◽  
Author(s):  
Jian Qu ◽  
Xin Zhang ◽  
Zhong-Jie Wang ◽  
Shuyan Zhang ◽  
Yejian Yu ◽  
...  
Keyword(s):  
Carbon Dots ◽  
Room Temperature ◽  
Data Encryption ◽  
Time Dependent ◽  
Security Level ◽  
Room Temperature Phosphorescence ◽  
Two Component ◽  
Carbon Based

Time-dependent evolutive afterglow materials can increase the security level by providing additional encryption modes in anti-counterfeiting and data encryption. The design of carbon-based materials with dynamic afterglow colors is attractive...

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