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Feb 6, 2018·Revista Brasileira de PolĂ­ticas PĂșblicas
3 cites
TRATAMENTO JURÍDICO DAS CRIPTOMOEDAS: A DINÂMICA DOS BITCOINS E O CRIME DE LAVAGEM DE DINHEIRO

Mariana DionĂ­sio de Andrade

O objetivo do artigo consiste em responder ao seguinte problema de pesquisa: a falta de regulamentação especĂ­fica para as criptomoedas possui relação com a expansĂŁo das modalidades criminosas? Para responder ao referido problema, Ă© necessĂĄrio abordar o conceito de criptomoedas, sua expansĂŁo, o papel das instituiçÔes de controle e os limites jurĂ­dicos que reconhecem a existĂȘncia dessa nova modalidade de tecnologia. Partimos do suposto de que o advento das criptomoedas em si nĂŁo consiste em uma atividade criminosa pela ausĂȘncia de regulamentação pelo Banco Central, mas sim, pode vir a se encaixar em tipos penais pelo mau uso dos softwares. A abordagem Ă© qualitativa, com suporte em revisĂŁo de literatura e anĂĄlise descritiva dos fenĂŽmenos pesquisados, alĂ©m da consulta sobre a legislação sobre o tema. A contribuição Ă© relevante pelo ineditismo e pela importĂąncia do tema no contexto financeiro e jurĂ­dico das transaçÔes realizadas em modalidade virtual. Conclui-se que nĂŁo Ă© possĂ­vel associar diretamente o uso de bitcoins com a expansĂŁo das modalidades criminosas, entretanto, resta evidente que hĂĄ relação subjacente entre a falta de regulamentação e a especialização de prĂĄticas criminosas que usam o ciberespaço como ambiente.

Open access
Brazilian Legal Issues
Blockchain Technology Applications and Security
Cybercrime and Law Enforcement Studies
Original source
Feb 6, 2018·Revista Brasileira de PolĂ­ticas PĂșblicas
3 cites
BITCOIN E A (IM)POSSIBILIDADE DE SUA PROIBIÇÃO: UMA VIOLAÇÃO À SOBERANIA DO ESTADO?

Rodrigo Valente Giublin Teixeira, Felipe Rangel da Silva

Pelo presente se busca analisar o fenĂŽmeno da moeda eletrĂŽnica Bitcoin e o impacto jurĂ­dico por esta causado, especialmente no que cerne ao confronto aparente com a soberania estatal, uma vez que dada sua internacionalidade e a dificuldade ou impossibilidade de proibição do uso, poder-se-ia em um primeiro momento vislumbrar ofensa ao instituto jurĂ­dico, o que serĂĄ desmistificado. Para tanto, utilizou-se de pesquisa bibliogrĂĄfica, especialmente estrangeira, dado o ainda ineditismo do tema, com autores de ĂĄreas distintas da ciĂȘncia jurĂ­dica, pois assim exigido para anĂĄlise das questĂ”es tĂ©cnicas de funcionamento da ferramenta e tambĂ©m para delimitação do impacto financeiro causado pela nova moeda, emprestando conceitos e institutos da ciĂȘncia econĂŽmica para aplicação. Contudo, apesar de necessĂĄrio, o aprofundamento interdisciplinar se restringe ao suficiente para possibilitar a anĂĄlise jurĂ­dica, a qual se dĂĄ, por sua vez, em Ăąmbito de Direito PĂșblico, nĂŁo se tendo conhecimento de anĂĄlise anterior realizada sob o mesmo prisma.

Open access
Blockchain Technology Applications and Security
Brazilian Legal Issues
Original source
Feb 6, 2018·Revista de Estudios Andaluces
0 cites
Local Autonomy, Territorial Organization and Municipal Segregation

Luis Copano Ortiz

The Law 5/2010 of Local Autonomy of Andalusia deepens in the capacities of the municipalities to decide on themselves: the procedures of segregation of municipal terms need express conformity of the absolute majority of the plenary session of the local government of the municipality that suffers the segregation. On the other hand, the municipalities have the possibility of spatially organizing their municipal area, or part of it, in territorial districts as a manifestation of their full political autonomy, and may be of a deconcentrated nature (hamlets, parishes, villages, neighborhoods, churches, councils, districts, adjoining and other analogous places) or decentralized (Autonomous Local Entities or Neighborhood Entities). As for the Autonomous Local Entities conformed in Andalusia, they are usually a previous step to the creation of a new municipality, for which the Law 27/2013, of Rationalization and Sustainability of the Local Administration has established a population limit that, in the practice, suppresses segregationist aspirations.

Open access
Finance, Taxation, and Governance
Human Rights and Immigration
Administrative Law and Governance
Original source
Feb 6, 2018·Caginalp, C., & Caginalp, G. (2018). Opinion: Valuation, liquidity price, and stability of cryptocurrencies. Proceedings of the National Academy of Sciences, 115(6), 1131-1134
32 cites
Valuation, Liquidity Price, and Stability of Cryptocurrencies

Carey Caginalp, Gunduz Caginalp

Cryptocurrencies are examined through the asset flow equations and experimental asset markets. Since tangible value of a typical cryptocurrency is non-existent, the theory suggests that price will gravitate toward liquidity value, i.e., the total amount of cash available for purchase of the asset divided by the number of units. Thus it is unlikely that cryptocurrencies in their current form will be stable in the absence of a mechanism of a link to value.

Open access
3 source records
q-fin.MF
cs.CR
Financial Markets and Investment Strategies
Original source
Feb 6, 2018·arXiv (Cornell University)
201 cites
ModelChain: Decentralized Privacy-Preserving Healthcare Predictive Modeling Framework on Private Blockchain Networks

Tsung-Ting Kuo, Lucila Ohno‐Machado

Cross-institutional healthcare predictive modeling can accelerate research and facilitate quality improvement initiatives, and thus is important for national healthcare delivery priorities. For example, a model that predicts risk of re-admission for a particular set of patients will be more generalizable if developed with data from multiple institutions. While privacy-protecting methods to build predictive models exist, most are based on a centralized architecture, which presents security and robustness vulnerabilities such as single-point-of-failure (and single-point-of-breach) and accidental or malicious modification of records. In this article, we describe a new framework, ModelChain, to adapt Blockchain technology for privacy-preserving machine learning. Each participating site contributes to model parameter estimation without revealing any patient health information (i.e., only model data, no observation-level data, are exchanged across institutions). We integrate privacy-preserving online machine learning with a private Blockchain network, apply transaction metadata to disseminate partial models, and design a new proof-of-information algorithm to determine the order of the online learning process. We also discuss the benefits and potential issues of applying Blockchain technology to solve the privacy-preserving healthcare predictive modeling task and to increase interoperability between institutions, to support the Nationwide Interoperability Roadmap and national healthcare delivery priorities such as Patient-Centered Outcomes Research (PCOR).

Open access
2 source records
cs.CY
cs.CR
Privacy-Preserving Technologies in Data
Original source
Feb 5, 2018·arXiv
0 cites
Gosig: Scalable Byzantine Consensus on Adversarial Wide Area Network for Blockchains

Peilun Li, Guosai Wang, Xiaoqi Chen, Wei Xu

Existing Byzantine fault tolerance (BFT) protocols face significant challenges in the consortium blockchain scenario. On the one hand, we can make little assumptions about the reliability and security of the underlying Internet. On the other hand, the applications on consortium blockchains demand a system as scalable as the Bit-coin but providing much higher performance, as well as provable safety. We present a new BFT protocol, Gosig, that combines crypto-based secret leader selection and multi-round voting in the protocol layer with implementation layer optimizations such as gossip-based message propagation. In particular, Gosig guarantees safety even in a network fully controlled by adversaries, while providing provable liveness with easy-to-achieve network connectivity assumption. On a wide area testbed consisting of 140 Amazon EC2 servers spanning 14 cities on five continents, we show that Gosig can achieve over 4,000 transactions per second with less than 1 minute transaction confirmation time.

Open access
cs.DC
Original source
Feb 5, 2018·PLoS ONE
32 cites
Smart contracts software metrics: A first study

Roberto Tonelli, G. A. Pierro, Marco Ortu, Giuseppe Destefanis

Smart contracts (SC) are software programs that reside and run over a blockchain. The code can be written in different languages with the common purpose of implementing various kinds of transactions onto the hosting blockchain. They are ruled by the blockchain infrastructure with the intent to automatically implement the typical conditions of traditional contracts. Programs must satisfy context-dependent constraints which are quite different from traditional software code. In particular, since the bytecode is uploaded in the hosting blockchain, the size, computational resources, interaction between different parts of the program are all limited. This is true even if the specific programming languages implement more or less the same constructs as that of traditional languages: there is not the same freedom as in normal software development. The working hypothesis used in this article is that Smart Contract specific constraints should be captured by specific software metrics (that may differ from traditional software metrics). We tested this hypothesis on 85K Smart Contracts written in Solidity and uploaded on the Ethereum blockchain. We analyzed Smart Contracts from two repositories "Etherscan" and "Smart Corpus" and we computed the statistics of a set of software metrics related to Smart Contracts and compared them to the metrics extracted from more traditional software projects. Our results show that generally, Smart Contract metrics have more restricted ranges than the corresponding metrics in traditional software systems. Some of the stylized facts, like power law in the tail of the distribution of some metrics, are only approximate but the lines of code follow a log-normal distribution which reminds us of the same behaviour already found in traditional software systems.

Open access
3 source records
Blockchain Technology Applications and Security
Advanced Malware Detection Techniques
Software Engineering Research
Original source
Feb 4, 2018
57 cites
Blockchain based Distributed Cloud Fog Platform for IoT Supply Chain Management

A. Carbone, Danco Davčev, Kosta Mitreski, Ljupčo Kocarev · 5 authors

This paper is inspired by the project proposal ID 7807232014 submitted for the EU Horizon 2020 topic ICT-11-2017 in April 25, 2017. It aims at applying state-of-the-art ICT technologies, systems and functions such as Cloud/Fog and IoT to enable food supply chain. A new approach will lead to trusted cooperative applications and services within the agro-food chains. Blockchain technologies will enhance the transparency, information flow and management capacity allowing better interactions of farmers with other part of supply chain, especially the consumer. Our research will provide better performing value chains by proposing new food-on-demand business model, based on new Quality of Experience (QoE) food metrics, bridging the gap between subjective experience and objective matrics based on quality standards. Finally, we provided an awareness qustionaire for fresh food products (FFP) and survay for a group of 30 students from the University of Skopje. This study showed that the majority of students are aware and focused just on few common FFP aspects without deeper knowledge of FFP quality.

Open access
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Internet of Things and AI
Original source
Feb 4, 2018·JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN
14 cites
PENGARUH KEMANDIRIAN KEUANGAN DAERAH TERHADAP PERTUMBUHAN EKONOMI KABUPATEN/KOTA PROVINSI BANTEN

Stannia Cahaya Suci, Alla Asmara

Fiscal decentralization aims to improve regional finance independency and reduce the fiscal dependency of central government. However, in practice, there are many areas that still rely on the assistance central finance for their regional development. This research aims to discuss the development of regional finance independency and analyze the influence of regional finance independency on economic growth in Banten Province. This research uses descriptive method and panel data on 6 (six) regencies and cities in Banten Province at 2001-2011. The results showed the significantly positive effect of regional finance independency on economic growth and significantly negative effect of balance fund’s ratio on economic growth. Key words: local revenue, economic growth, panel data

Open access
2 source records
Economic Growth and Fiscal Policies
Local Governance and Development
Local Government Finance and Decentralization
Original source
Feb 3, 2018·Designs Codes and Cryptography
80 cites
How to build time-lock encryption

Jia Liu, Tibor Jager, Saqib A. Kakvi, Bogdan Warinschi

Time-lock encryption is a method to encrypt a message such that it can only be decrypted after a certain deadline has passed. We propose a novel time-lock encryption scheme, whose main advantage over prior constructions is that even receivers with relatively weak computational resources should immediately be able to decrypt after the deadline, without any interaction with the sender, other receivers, or a trusted third party. We build our time-lock encryption on top of the new concept of computational reference clocks and an extractable witness encryption scheme. We explain how to construct a computational reference clock based on Bitcoin. We show how to achieve constant level of multilinearity for witness encryption by using SNARKs. We propose a new construction of a witness encryption scheme which is of independent interest: our scheme, based on Subset-Sum , achieves extractable security without relying on obfuscation. The scheme employs multilinear maps of arbitrary order and is independent of the implementations of multilinear maps.

Open access
Cryptography and Data Security
Cryptographic Implementations and Security
Blockchain Technology Applications and Security
Original source
Feb 2, 2018·IEEE Communications Magazine
316 cites
Block4Forensic: An Integrated Lightweight Blockchain Framework for Forensics Applications of Connected Vehicles

Mumin Cebe, Enes Erdin, Kemal Akkaya, Hidayet Aksu · 5 authors

Today's vehicles are becoming cyber-physical systems that not only communicate with other vehicles but also gather various information from hundreds of sensors within them. These developments help create smart and connected (e.g., self-driving) vehicles that will introduce significant information to drivers, manufacturers, insurance companies, and maintenance service providers for various applications. One such application that is becoming crucial with the introduction of self-driving cars is forensic analysis of traffic accidents. The utilization of vehicle-related data can be instrumental in post-accident scenarios to discover the faulty party, particularly for self-driving vehicles. With the opportunity of being able to access various information in cars, we propose a permissioned blockchain framework among the various elements involved to manage the collected vehicle-related data. Specifically, we first integrate vehicular public key infrastructure (VPKI) to the proposed blockchain to provide membership establishment and privacy. Next, we design a fragmented ledger that will store detailed data related to vehicles such as maintenance information/ history, car diagnosis reports, and so on. The proposed forensic framework enables trustless, traceable, and privacy-aware post-accident analysis with minimal storage and processing overhead.

Open access
2 source records
Blockchain Technology Applications and Security
Vehicular Ad Hoc Networks (VANETs)
Privacy-Preserving Technologies in Data
Original source
Feb 2, 2018·Nottingham ePrints (University of Nottingham)
3 cites
The potential of cryptocurrencies to transform our taxation systems for the better

Zbigniew DumieƄski, Nicholas Ross Smith

The incredible growth of cryptocurrencies over the past six months has captured the attention and imagination of the world, with something of a crypto-mania emerging.What was once predominately the domain of a niche group of internet libertarians, cryptocurrencies are quickly becoming the darlings of Wall Street.

Open access
Corporate Taxation and Avoidance
Original source
Feb 1, 2018·CBS Research Portal (Copenhagen Business School)
0 cites
Bitcoin: Kryptisk valuta, spekulativt aktiv eller disruptiv teknologi?

SĂžren Plesner

Artiklen betragter udviklingen i vÊrdien af Bitcoin og stiller spÞrgsmÄlet, om der er en boble i Bitcoin - eller om prisudviklingen kan forklares ved nogle mere fundamentale karakteristika ved denne og andre kryptovalutaer eller mÄske af nogle teknoÞkonomiske udviklingstendenser. Det er svÊrt at komme med et entydigt svar pÄ spÞrgsmÄlet, men ifÞlge artiklen er der flere forhold, der tyder pÄ en boble.

Open access
Blockchain Technology Applications and Security
Original source
Feb 1, 2018·Information Services & Use
18 cites
The blockchain and its potential for science and academic publishing

Joris van Rossum

Blockchain allows for decentralized, self-regulating data, ultimately creating a shared infrastructure where transactions are saved and stored. Scientific information in its essence is a large, dynamic body of information and data that is collaboratively created, altered, used and shared. It lends itself well to the blockchain technology because that technology has the potential to solve challenges around peer review, irreproducibility, and metrics. Other applications of blockchain technology such as cryptocurrencies and digital rights management systems also have a potential relevance for academic publishing.

Open access
Blockchain Technology Applications and Security
Original source
Feb 1, 2018·Working paper
38 cites
On the Economics of Digital Currencies

JesĂșs FernĂĄndez‐Villaverde, Daniel R. Sanches

Can a monetary system in which privately issued cryptocurrencies circulate as media of exchange work? Is such a system stable? How should governments react to digital currencies? Can these currencies and government-issued money coexist? Are cryptocurrencies consistent with an e cient allocation? These are some of the important questions that the sudden rise of cryptocurrencies has brought to contemporary policy discussions. To answer these questions, we construct a model of competition among privately issued at currencies. We nd that a purely private arrangement fails to implement an e cient allocation, even though it can deliver price stability under certain technological conditions. Currency competition creates problems for monetary policy implementation under conventional methods. However, it is possible to design a policy rule that uniquely implements an e cient allocation by driving private currencies out of the market. We also show that unique implementation of an e cient allocation can be achieved without government intervention if productive capital is introduced.

Open access
Economic theories and models
Complex Systems and Time Series Analysis
Blockchain Technology Applications and Security
Original source
Feb 1, 2018·CBS Research Portal (Copenhagen Business School)
0 cites
Bitcoin futures: En indledende analyse

SĂžren Bundgaard BrĂžgger

Med introduktionen af et futures-marked er Bitcoin-eksponering blevet tilgÊngelig for en bredere gruppe af investorer, som hidtil ikke har kunnet eller villet tilgÄ det underliggende marked for Bitcoin. Artiklen finder, at kontrakterne umiddelbart favoriserer spekulanter pÄ bekostning af hedgers og arbitragÞrer, og analyserer, hvorledes futures-priserne kan indeholde vÊsentlig information om spekulaternes forventning til den fremtidige prisudvikling.

Open access
Blockchain Technology Applications and Security
Original source
Feb 1, 2018·Journal of risk management in financial institutions
1 cites
Rebuilding financial industry infrastructure

Allan D. Grody

Setting proprietary standards for elemental data components of financial transactions, once the province of market participants and intermediaries, their sovereign regulators, and software and data vendors, has evolved into a global open source standards requirement. Global data standards initiatives are now seeking to eliminate unnecessary infrastructure costs and risks arising from use of proprietary data and interoperability standards and processes. Data standards have taken on new meaning and urgency as they have also become a prerequisite to securing financial networks from cyberattacks and enabling new technologies of the digital age. A new generation of innovation led by distributed ledger technology (DLT), a supportive database technology of the Blockchain, is being actively pursued by financial institutions and their financial market utilities. It is also of interest to many financial market regulators who are requesting access to more granular standardised transactional data. It has tremendous potential to eliminate reconciliation processes at financial institutions and refocus many of the hundreds of data intermediaries and financial market utilities that play a significant role in reconciling risk prone and costly non-standard data. This paper argues that the components of a sustainable financial industry infrastructure rebuild are coming into existence, but uncoordinated efforts across the globe will stifle the effectiveness of these changes. Therefore, this paper proposes a new global industry/ government partnership to coordinate implementation of data identification standards, accelerate data harmonisation initiatives and sponsor a secure financial-sector DLT protocol standard.

Open access
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Original source
Feb 1, 2018·DOAJ (DOAJ: Directory of Open Access Journals)
0 cites
Local budgeting in a budgetary decentralized context

Мykhailo Kuzheliev, Volodymyr Plahotniuk

The subject of the study is the full range of methods for ensuring financial independence for local budgets in a decentralized environment. The purpose of the study is to work out a strategy based on the systematic approach to ensure financial independence for local budgets in a decentralized environment. The study methodology includes methods of analysis and synthesis, statistical methods, such as graphic and tabular methods, and methods for comparing and generalization. The results of the study. A comparative analysis of the impact of decentralization on the local budgeting has been carried out using the example of the 2014-2016 budget of Irpin. Some recommendation has been drafted to improve the system of local budgeting including some ways of greater development of the empowerment and autonomy of local budgets. Non-typical for Ukrainian economy gender method of budget analysis has been considered resulting in additional analysis of local budgets and eliciting a fact of the existence of some problematic budget lines regarding a gender-based approach in budgeting and working out a number of recommendation to eliminate them. The sphere of application of results. Local budgeting in a decentralized environment. Local budgets. Conclusion. Budget decentralization being taken into consideration opens up the prospect of the development of local self-government in order to deal effectively with the administration of local affairs, and enhance the role of citizens in the sphere of decision-making and practical implementation of socio-economic programs for the region. Financial basis of local budgets must assist local self-government in an effective implementation of the development strategy for the region. An analysis of the revenue and expenditure sides of the budget of Irpin in 2014-2016 in the context of the budgeting and income distribution of local budget shows a considerable increase in the level of fiscal decentralization of the income section of the budget, direct dependence of local authorities on the central Government and partly on transfer payments and emphasizes the need to strengthen the self-sustainability of local budgets and cover the requirement of financially literate managers. It has been found that a balanced division of powers between the central Government and the regions and decentralization of public finances are needed to reform local budgets (including the budget of Irpin). The sources of tax revenues are considered to be distributed between central and local authorities according to proper discharge of their duties that should be a subject for legislation on local self-government. Besides it is essentially necessary to give the local authorities the right to establish local taxes and duties and their rates. The analysis of a gender-based budgeting clearly indicates the importance of objective approach to budgetary expenditure. An integrated analysis of all the spheres of financing needs is important for rational and efficient allocation of financial resources at the state and local levels.

Open access
Regional Development and Policy
Original source
Feb 1, 2018·RePEc: Research Papers in Economics
7 cites
THE ROLE OF CUSTOMER EXPERIENCE IN RETAIL BANKING AND THE RISE OF FINTECHS

Paul Ovidiu Handro

We are part of historic changes in terms of profoundness and velocity in all industries and in customers’ expectations. The aim of this paper is to create an overview of a new age in customer experience generated by a banking environment disturbed by the raising of Financial Technology. Firstly, the article is reviewing the customer experience concept from academic and practitioner perspective. It is making a literature review and additionally is bringing into attention the common elements of customer satisfaction and service quality which are considered an antecedent of customer experience. Furthermore, it is reminded that the latest developments in communications and information technology are intensely changing customers’ demands and expectations resulting a total transformation in the way that customers are interfering with the service providers. Secondly, is debating the subject of how financial service industry should balance customer experience expectations, considering that the banks are activating in an environment disrupted by the raise of distributed ledger technology, machine learning, big data analytics, roboadvice and other technology/digitalization proliferated by the FinTechs. Lastly it is analyzed how European regulatory bodies are seeing and managing the new technologies and FinTechs, how agile should be in an ecosystem that is very dynamic and governed by a customer with a lot of choices, good or bad, risky or non-risky, in front of his decision.

Open access
Consumer Retail Behavior Studies
Customer Service Quality and Loyalty
Consumer Market Behavior and Pricing
Original source
Feb 1, 2018·IOP Conference Series Earth and Environmental Science
0 cites
Comparative Research on Human Settlements in Asian Rural Areas Based on Collaborative Construction Mechanism

Sui Xin, Sun Chaoyang, Mo Li

Rural planning is perceived as a spatial planning centered on the human settlements and there are many activities for rural reconstruction and researches conducted from the perspective of active intervention, with fewer studies regarding the village as the main body for the establishment of self-built system. And the other-organization built by the rural areas is strongly oriented. In Asian countries like China, South Korea and Japan, there are farming traditions, in which the familial and small-scale farmland holding and agricultural production mode are deep-rooted. Traditional agriculture and rural areas are not fundamentally changed by industrialization and modernization process. And the small-scale peasant in the East is marked by the decentralized possession of farmland and management in the rural areas and a large number of farmers to be remained. But the rural population keeps decreasing. After analyzing the status quo of human settlements in China, Korea and Japan, the paper makes an analysis from the different ways of thinking and professional perspective and focuses on putting forward the solutions to the problems on macro level, with the feasibility of the practical significance and the landing researches still staying in the testing stage. In the context of increasingly missing regional and contextual features, the launching and researches of "co-constructed community" as the folk protection way to emerging rural heritage are just started, and the researches on rural construction in Northeast China from the perspective of catalyst are absent. The contact agent with the catalytic action mechanism of seeing big things through small ones fits the rural areas marked by vast territory and diversified aspect, which is applicable to the bottom-up operation mechanism autonomously built by the villagers.

Open access
Regional Development and Environment
Original source
Feb 1, 2018·European Journal of International Law
0 cites
Liberal Internationalism, Radical Transformation and the Making of World Orders

Charlotte Peevers

In a highly readable and often immersively engaging book, Yale law professors Oona Hathaway and Scott Shapiro have narrated a long history of international law’s ideas about war with one primary goal in mind: using history to excavate the 1928 Paris Peace Pact’s central importance in the building of a New World Order. They seek to protect the gains of this New World Order and to use their method of ‘looking back’ to draw attention to the current threats to the ‘postwar consensus on the illegality of war’ and to ‘chart a path ahead’ (at 415–416). The book’s narrative spans an impressive temporal and geographic range, beginning briefly with a hot summer day in Paris in 1928, then back to a night in 1603 off the Strait of Singapore, right up to the contemporary period, focusing on the South China Sea in 2015, Crimea in 2014 and Iraq and Syria from 2014 to today. The authors narrate the ideas and biographies of ‘fathers’ of the Old and New World Orders including the familiar (Hugo Grotius, Carl Schmitt, Hans Kelsen, Hersch Lauterpacht) and the less well known (Nishi Amande, James T. Shotwell, Salmon Levinson). It is these great men, categorized as either ‘Interventionists’ or ‘Internationalists’ who, through force of will and the faith in their ideas, coupled with elite access and sometimes frenetic writings, changed the course of legal order in the world. This cast of characters is arranged as heroes and villains (‘arraigned’ may be more appropriate for the latter) in the epic, transformational struggle to displace one ‘universe’ with another (at xv). The object of this progressive struggle was the ‘outlawry of war’ – its prohibition, casting it out from the legal toolkit of sovereign state policy, consigning it to a dark past of interstate violence. It is important to bear in mind that this ‘struggle’ is one that is openly engaged with by the authors themselves, not simply the jurists and ideas men they seek to portray. This is history in the service of clear normative commitments. The book’s monumental spatio-temporal reach, epic narrative and archival mastery in the first two parts, and its empirical turn in the final, third part, invite cross-disciplinary dialogue and insights that require us to step outside the comfort of disciplinary enclosures and unnecessarily bounded specialization. The book justifies reflection and debate not just among international legal scholars but also among colleagues in history, international relations and political science. It achieves what its marketing material promises: genuine provocation through the boldness of its vision. Holding these values in the frame, then, I explore in this review essay the authors’ upfront normative commitments to the New World Order, focusing on questions of method and theory in international law’s historical and empirical ‘turns’. Following a summary of the book’s structure and principal arguments, I examine the implications of narrating history in epochal form, highlighting the promises and pitfalls of such ‘progressive’ accounts, and then interrogate the turn to empirical data as a way of understanding the New World Order. I argue that the ‘bird’s eye view’ (at 311) that dominates the perspectival orientation of the book’s third part performs what Donna Haraway identifies as a ‘god-trick’ of appearing to see everything from nowhere.1 I draw upon interdisciplinary insights from science and technology studies (STS) to invite reflection on what is at stake when we use ‘science’ to see the world with this kind of eye. Such ‘scientific’ ways of knowing are attempts to ‘prove’ through ‘attestive witnessing’ and claim to transcend politics, but STS scholars have long demonstrated that there is always a politics to the production of knowledge.2 In the next section, I attend to some of the more obvious gaps in their narrative, focusing on the decolonization revolution and more ‘radical’ world reordering movements and then address the endurance of justifying war through law. I close with reflections upon the following we the authors’ of and of world what a legal revolution and and by is it and we in these questions of from a that its force in in this In the book’s we that the Old World Order was the that war a of was an of (at xv). of the legal the Old World Order with the not is to be the of but also is the of war’ (at of war is with to of in an world. we that in order to the of legal for the of war the This that legal in that to for when was in war (at The also be to be through the of from another the right to its was the and engaged in the not to the legal of the a the to – that interstate by (at the of this the authors us through the Old World Order. In what is a but on of the authors’ mastery of archival is what they argue is a an from their a of the upon war be and the of when – that through (at they first war in justifies the right to war the on the that as one of (at this they that their upon in of and that of international law of (at It that war may have but that to war they that their was in some way (at the authors to a of war – that the to to war always war always the of a (at in they war to the of law and order in the Old World Order, war was law and (at in in this Old World Order it was to these – just and – and to be (at I to the implications of the sovereign right and of in the of this review in this the authors the that from this legal to focusing on the to in war that from an war (at the and legal of the of and the often of as the of In the for this they us that not to be as an – an and upon a of was not the Old World was its was an to the world for seek to of to in the book as (at then to what the of the book, the or the from Old to New World Order. its part, this is beginning with the of the to of and with the in the of in is some of the book’s an of an ‘outlawry of war’ by such familiar as following this book’s to be as James T. and Salmon of the their Old World Order Grotius, the of a of legal but they to often the of and the of to have it in legal we heroes and their not with the of the Paris Peace on a hot summer day in 1928 and the of the of war It was they in their ideas to legal – a – that they the of the Old to New World Order. This was the legal for the not to war the but to an The Pact’s a legal for the in war and a monumental of legal at its are we to see the Paris Peace Pact’s as a of with the was and its was and from a for the and in the that in in what the of the an primary be to the to of The Pact’s of the legal for at the and highly of In their the the of this New World Order (at of the Old World with the the of (at this and the and the the authors draw in of these In the Old World Order, the to use force a to as and the of in the New World Order, the on force as a the of and the illegality of in form, the of to us that this legal or to these the authors clear that it is not the legal but also legal that the In we the of the New World Order, and this third part heroes to their and upon an ‘bird’s eye view’ of and (at The authors argue that not the the was The not by is it is to a law and not with the of a law. They with (at The revolution through the of the of and empirical to the of this In this part, from the of and of this order ‘prove’ the by this ‘outlawry (at the book with the of and the of its of world It is an that the narrative of is as the of the with a of the world and not the of the and Old World Order, but This Old and New World Order is not by the of but also by and China as a to the of also a but not in the of the on the of the to to a central in the legal order in the of these the to the New World Order from to this and turn the is the world order by the to and its their to the and that (at The authors that there is a but it is the of by the 1928 and and and a (at The world order by the Paris Peace and by the they was on an understanding that be more and with one another in of their this order is it about of and (at In this world will to not as a of but also as a for (at The use of as a to the force of that the authors argue is important in the of state by The is with a two war is either legal or with the for and we have faith that the New World Order, with of its is to (at The that the authors have in their history is that and it and ideas the – as the of their – we (at in a normative for an international law in these dark of international law’s are to the They are by or upon international law’s order ‘turns’. in of it was with the of World I that the way to a law of international for contemporary World I demonstrated that the Such of the world we the of these we that the at the of an by the of to use force was is this but it be by the that law the of the international of we are a part, and on we a and international The of these is and that World I have the of that force to world order through the on the use of The book a of international law to the Paris Peace and the by the ideas and of that in the Such was not or but it are with a history, the of first in book of a history of by and heroes Such through of in the past and a is the not the of the this the of narrating is not by The it is simply the force of the Paris Peace the more of in the of the authors that the was they argue that it less of a an to the by the a more that out of the of World one that the of In the war as a of law’s The war to the it the of In it the of was and the of its This was by the movements that in the movements not to war but also the war as and The of these not be from they and to by reordering and in the of Such a the of World I implications for the way we the of more one of a a of from this book’s we are to and in the of international law’s this is by the of the it changed international law for the it the beginning of a from the Old to the New World Order, the of legal is as the Paris Peace and its in another part of this faith in is through the of the narrative of the book for the the ideas and of the Old World Order and the of that world This is a history that with the of with a is in order to legal to the use of force the book back to the of and the of ideas in of international law through at the authors the of the form, demonstrated by their use of at the close of of these parts, the part of a or It is in these two that the of their narrative and it is the of the of such the narrative the of men is by by the of and often are the of their and more of when they of what they are of is the of such for be as we that there one is but attempts to the to the have an of historical one to this book an at a history is an from the book’s the of the authors the Old World Order as legal in the and the next on the of the (at then, is the of a narrative, and this claim that the narrative its there are to the that this narrative the to a history, not the that the authors to the of ways of and understanding the including and contemporary I the to on an that in the book and that be by international the or the to the of by the of the science of the This by to the of the narrative in the of the In the book’s turn to in to the from Old to New World Order be as an to the past of history by to be in accounts, It be in in that this of a of is at the of claim of the book from this then, is that it of a to the narrative but one that with the science of the the empirical method a progressive of past Such an be to be the of past the from narrative as part of a of in historical in the and the is in an of and with the they on the of its ideas, and the this the consensus about the and of their be and international law’s of and this another for engaging in a dialogue about the is the service of the of interdisciplinary is as a disciplinary a of what the important questions are to in international law. The book’s turn to the empirical as a to us to about the implications of such a – in the upon an and the to ‘scientific’ ways of knowing the world. we are to the of science to a of Old and New World we is and to that it is it it is It through and The of STS to what – – about this of science and the through empirical the politics of the through and In a of the of the STS Donna Haraway attention to the of everything from to the of and this is as it to the of data the of and and The empirical data to the in the New World Order of the of the revolution It is such a of it is in of the of the force of and of their and in contemporary of and that and that and the of have to be by a on and as of and to the world they the of this are the of the or are by not at such data an and appearing to ways of knowing the the politics of their and such ways of knowing the world are a – a – of the to and Such ways of knowing the In the of this book, this world the revolution for its heroes to be the narrative, then, the turn to attention to the of a and their politics of when and are we that such of method by the narrative of the of this such coupled with narrative, the of they the of a of the their Haraway we from a of that not but also the and and In there a on the to see from the and the we not to such they are in they are to of the and of They are to of through and The have a to be on to the and its – – are they to more of the not simply to have or in The turn to a eye of the world its and the of knowing from a of and an a kind of history such is to and of a we to the that be and through such ways of and The book’s third part and the turn to the empirical is then, not we of the ideas, or heroes of to the of war a legal but we also this New World Order as with of its we narrated some of the ideas and of the 1928 and and – we on the authors’ faith in the New World Order of these and movements have the of the international legal and they have in sometimes that have with the revolution in legal more a in this book – the decolonization This is the narrative to a that justifies a of the and of the New World Order, is we are that of the and an impressive of (at and of great and we are with an that decolonization as of and by It is as to the World and The legal of this that a in the of international the was a of for legal in the New World Order. ideas and their a from the world of great and as scholars are was not or and the struggle the of and the of by as a force for the of of legal scholars to the struggle for decolonization and that the that the its and the of such to the authors’ is the of – as or – that the book’s and narrative of the of in the Old World Order to the the of by the World out an path for legal order that for to legal the on the use of The for great to war the an and to be the of not as an of but also as a of the force of of and to be to history by the of the with in a for the of to of the in the and of such – – not with the of the on it was the that and the for what – the that from international of and the of use of the from the of the the The to be to the international of the and World it as that the of their In was an of the of legal order and This was by the of great to with in the for and in the The right to force on the of coupled with the to of World the have the of to their in their with the world. the was not just by at of legal order and but also by the often of an that to as such a be two to be the of an international the of a of international for the and the a the for that the not of The the with the international on and have such the of the that their international with often a for the of and in the international to the this of law an of in the World – from the of the decolonization revolution the to the the of and the of law as a James that in the of war a for as they have to and to the of the of international In these then, decolonization not and its the force of legal order The of international law that in what often as an of and the of be as of the transformational politics of attempts to the New World Order from the of the The out of this is part of the narrative of the New World Order that not its heroes and villains a – in that this order also through its faith in and legal Such a narrative the of ‘Interventionists’ ‘Internationalists’ and the of that be by and another – that it was not just the of but also the that to be – was with the ‘outlawry by in this book but as and of This of a that and was at and movements that this the and of and attempts to war’ as part of the to the and from the book’s They not to the following World I but the of and and today. ideas and ways of understanding revolution and legal that the of what the authors revolution to for international of these and their to the politics that the of war the New World legal the to the of I to the authors’ that their right to we this that to the authors us to that the transformational the Old and New World Orders is by the of a war as legal and war as its the to use force is to the on not to at this that international law be that the of the be as to be in we as out in of the structure of legal we there is – the are – law it is on – to with have to and in the of and The normative force of as clear as an of the is there is always the about an The that justifies the about also justifies it by the of the that as to protect the In we that the that on this and authors the for this of the by the and the current and its law two one that is and to be to and the that is it is of a of the of this is not some or faith on the part of legal it from and to that legal will the for they The of legal will not just themselves, or but also and law this we are with a that is always also a what is not and the the prohibition, the more the the authors the to the New World Order of the up the this is as an when up to the – the their always as to use then the on war (at but also we to with this and with we are back to the of war the authors’ clear commitments to international and the of the of their us the of the authors is a when force is and is when force is is a of is its or it be to and appropriate us for the but the New World Order is by as as the the of these be the for or we that the of a of the New World Order, but a through legal and upon the but the of also be to its of the legal order or to a in such it out that a of force is to a – the of the – the the use of force to the of the state an what as in the Old World Order. It will be and its will on the politics of international law – its – in It also out that not and not have a when we the or of the not questions of the authors’ and of legal we another of the of international law and their in the authors’ that the of is the of an international legal (at and in order to the Old World Order, be on on interstate a of the the of international – of order is among sovereign as we to the of another of the Old World Order, we that not at this at the of in the – of a of law that for relations as to two the of the of a structure the sovereign and the and international law is of as a of the The is with and is of and by the law of and be to of to with The of the be and with of the through disciplinary of This of to international law in not in the that in up to the international law and the of order as one about interstate relations and the of then, us to about the of was and and to be and sometimes or through of war or In with on the of international law is to be to the of – that what is for of to history from the of the to international law and are to the to the of with the and of such in us to the authors’ part of the book about the disciplinary force of the of and the of the world order of the and of the Old World Order that with the New World Order. is in this it an not as a of but also as a for (at the authors are clear international law is a one and the and the two legal for (at The of the New World Order be through from legal The in as its are not and it is from from the of sovereign order that the international legal Such not require the disciplinary of war for as of disciplinary are to world of – not war but not but on prohibition, it war the of legal order and it the of through a and of the of and is not just up by villains Schmitt, but it also in the that the book’s narrative to for dark to be obvious by The is a of we to we are and we to It important questions of theory and method in the historical and empirical that their sometimes in It also reflection on the of and on the politics of normative in a in the of law and as the of its the book a for this of for the we to and the ways we the through law. This narrative is an of heroes and villains cast in a struggle for the of the international legal order and its In this epic it is and a that us a it is empirical and This also a claim to and the progressive of and in that the of method is always we one historical for the of law and legal we one path to the and we one for understanding the about war we are from or that on another be the The of an the or of some ideas The is not a that is to and we not have to turn in to the politics and of method for the with legal for in legal by not simply the of order among but also the of that international law and The authors that world from (at but they that it is what and what on international law’s This with its of of the of the of and the of The ideas may be but the – to – its and a close to the politics of by some of the villains of the Old World Order. the of not for the by such of a of The is and its is the force of This also be of the authors’ of the politics of the The authors see the by the the but this is the of the by – or – by and the of the or the use of force the of the The in the right to and the of their and a on state the of a to the be as a of war and long as be by This about the force of the to of an of the authors’ vision. that they as a to international relations that (at in and it and ideas we (at In we also that that law and law ideas and that in of is at then, is not just the of the commitments of the New World Order, as the authors at stake is the to law to transformational we this – of or law – to see the struggle not the of and on their – when and This we are not or the that this book that we are to for the ways we to see the world and the we in of the we this us back to Haraway and for an of in the world through is always a of the to see and of the in

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Historical and Contemporary Political Dynamics
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Feb 1, 2018·reposiTUm (TU Wien)
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Randomness for blockchains : generating publicly-verifiable and bias-resistant randomness in decentralized systems

Philipp Schindler

S. Nakamoto prĂ€sentierte 2008 eine Peer-to-Peer Version von elektronischem Geld: Bitcoin. Dieses System ermöglicht den direkten Zahlungsverkehr zwischen verschiedenen Personen und Organisationen, ohne Finanzdienstleister oder andere zu-vertrauende Dritte als IntermediĂ€re einsetzen zu mĂŒssen. Im Zuge dessen entwickelte er die erste praktische Lösung fĂŒr das Problem der Konsensfindung innerhalb eines dynamischen Netzwerks von potentiell anonymen Knoten, ohne die Notwendigkeit diese zuvor festzulegen. Dieses Ergebnis wird auf Basis des Konzepts von Proof-of-Work erzielt, das auf Grund der hohen Anforderungen fĂŒr die benötigten Berechnungen zu einem enormen Energieverbrauch fĂŒhrt. Unter Verwendung des alternativen Prinzips von Proof-of-Stake versuchen neue Protokolle Nakamoto's Ansatz weiterzuentwickeln. Eine grundlegende Voraussetzung fĂŒr die Sicherheit dieser Protokolle ist eine vertrauenswĂŒrdige (d. h. öffentlich-verifizierbare und manipulationssichere) Quelle von Zufallszahlen. Deren Erzeugung stellt ein komplexes Problem dar, da diese in einem dezentralen Netzwerk unter dem potentiellen Einfluss von Angreifern durchgefĂŒhrt wird. KĂŒrzlich veröffentlichte Forschungsergebnisse und Projekte aus der Wirtschaft beschĂ€ftigen sich mit diesem Problem und stellen sogenannte Random Beacon Protokolle vor, welche die erforderlichen Zufallszahlen in regelmĂ€ĂŸigen Intervallen generieren. Diese Diplomarbeit beschĂ€ftigt sich intensiv mit den Herausforderungen der Entwicklung von Random Beacon Protokollen und liefert den ersten detaillierten Vergleich. Es wird gezeigt, dass Publicly-Verfiable Secret Sharing (PVSS) in vielen dieser AnsĂ€tze als gemeinsame Komponente dient. Weiters prĂ€sentiert diese Arbeit ein neu entwickeltes Protokoll, das ebenfalls PVSS verwendet und die Skalierbarkeit im Vergleich zu den bereits existierenden deutlich verbessert. Da dieser neue Ansatz nur eine PVSS-Instanz pro Runde benötigt, verringert sich der Kommunikationsaufwand von O(nÂł) auf O(nÂČ). Diese Verbesserung wird erzielt, ohne auf wichtige Protokolleigenschaften, wie öffentliche Verifizierbarkeit, Manipulationssicherheit oder Nichtvorhersagbarkeit, verzichten zu mĂŒssen. DarĂŒber hinaus erfolgt eine Optimierung der erarbeiteten Lösung durch die Entwicklung einer Protokollerweiterung, die die Interaktion zwischen den Knoten weiter reduziert und einen nahezu optimalen Kommunikationsaufwand von O(n c) erreicht. Dennoch stellt das erweiterte Protokoll mit sehr großer Wahrscheinlichkeit sicher, dass Zufallszahlen kontinuierlich erzeugt werden können und diese weder manipulierbar noch vorhersagbar sind.

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Blockchain Technology Applications and Security
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