To centralize or decentralize: What is the question?: An application to digital payments

Ron Berndsen; Ruth Wandhöfer

doi:10.1007/978-3-030-64246-4_9

To centralize or decentralize: What is the question? An application to digital payments

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

Abstract

Computing in the general sense of the word has been centralized in
the early days of IFIP (1960s) with mainframe computers and became distributed
in later decades (1980s) with stand-alone personal computers. Then distributed
ledger technology was introduced and the arrival of Bitcoin emphasized the intention in addition to distribution to also decentralize the system as much as possible. In this article we focus on the meaning of centralized versus decentralized
computing and apply this to the world of digital payments.

Original language	English
Title of host publication	Unimagined Futures – ICT Opportunities and Challenges
Subtitle of host publication	IFIP Advances in Information and Communication Technology
Editors	Leon Strous, R. Johnson, D.A. Grier, D. Swade
Publisher	Springer
Pages	105-118
Volume	555
ISBN (Electronic)	9783030642464
DOIs	https://doi.org/10.1007/978-3-030-64246-4_9
Publication status	Published - 6 Dec 2020

Keywords

distributed ledger technology
bitcoin
centralized computing
decentralized computing
digital payments

Access to Document

10.1007/978-3-030-64246-4_9

Cite this

Berndsen, R., & Wandhöfer, R. (2020). To centralize or decentralize: What is the question? An application to digital payments. In L. Strous, R. Johnson, D. A. Grier, & D. Swade (Eds.), Unimagined Futures – ICT Opportunities and Challenges: IFIP Advances in Information and Communication Technology (Vol. 555, pp. 105-118). Springer. https://doi.org/10.1007/978-3-030-64246-4_9

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To centralize or decentralize: What is the question? An application to digital payments. / Berndsen, Ron; Wandhöfer, Ruth.

Unimagined Futures – ICT Opportunities and Challenges: IFIP Advances in Information and Communication Technology. ed. / Leon Strous; R. Johnson; D.A. Grier; D. Swade. Vol. 555 Springer, 2020. p. 105-118.

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

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To centralize or decentralize: What is the question? An application to digital payments

Abstract

Keywords

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