2021 IEEE International Conference on Blockchain (Blockchain)
6-8 Dec. 2021
Melbourne
Australia
[en] PayString ; Secure ; Digital Identity ; blockchain ; SSI ; self sovereign identity ; verifiable credentials
[en] PayString is an initiative to make payment identifiers global and human-readable, facilitating the exchange of payment information. However, the reference implementation lacks privacy and security features, making it possible for anyone to access the payment information as long as the PayString identifier is known. Also this paper presents the first performance evaluation of PayString. Via a large-scale testbed our experimental results show an overhead which, given the privacy and security advantages offered, is acceptable in practice, thus making the proposed solution feasible.
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > Services and Data management research group (SEDAN)