Some simple economics of stablecoins

C Catalini, A de Gortari, N Shah - Annual Review of Financial …, 2022 - annualreviews.org
Stablecoins have the potential to drastically increase competition and innovation in financial
services by reducing our reliance on traditional intermediaries. But they also introduce new …

MiniLedger: Compact-Sized Anonymous and Auditable Distributed Payments

P Chatzigiannis, F Baldimtsi - European Symposium on Research in …, 2021 - Springer
In this work we present MiniLedger, a distributed payment system which not only guarantees
the privacy of transactions, but also offers built-in functionalities for various types of audits by …

Enabling regulatory compliance and enforcement in decentralized anonymous payment

L Xue, D Liu, J Ni, X Lin, XS Shen - IEEE Transactions on …, 2022 - ieeexplore.ieee.org
Decentralized anonymous payment (DAP) enables users to directly transfer
cryptocurrencies privately without passing through a central authority. Anonymous …

SoK: Auditability and accountability in distributed payment systems

P Chatzigiannis, F Baldimtsi, K Chalkias - International Conference on …, 2021 - Springer
Enforcement of policy regulations and availability of auditing mechanisms are crucial
building blocks for the adoption of distributed payment systems. In this work we review a …

Short Privacy-Preserving Proofs of Liabilities

F Falzon, K Elkhiyaoui, Y Manevich… - Proceedings of the 2023 …, 2023 - dl.acm.org
In the wake of fraud scandals involving decentralized exchanges and the significant
financial loss suffered by individuals, regulators are pressed to put mechanisms in place that …

Generalized proof of liabilities

Y Ji, K Chalkias - Proceedings of the 2021 ACM SIGSAC Conference on …, 2021 - dl.acm.org
Proof of liabilities (PoL) allows a prover to prove his/her liabilities to a group of verifiers. This
is a cryptographic primitive once used only for proving financial solvency but is also …

IZPR: Instant zero knowledge proof of reserve

T Conley, N Diaz, D Espada, A Kuruvilla… - … Conference on Financial …, 2024 - Springer
We present a non-interactive and public verifier scheme that allows one to assert the asset
of a financial organization instantly and incrementally in zero knowledge with high …

[PDF][PDF] Notus: Dynamic proofs of liabilities from zero-knowledge RSA accumulators

J Xin, A Haghighi, X Tian, D Papadopoulos - Cryptology ePrint Archive, 2024 - usenix.org
Abstract Proofs of Liabilities (PoL) allow an untrusted prover to commit to its liabilities
towards a set of users and then prove independent users' amounts or the total sum of …

Proof of assets in the diem blockchain

P Chatzigiannis, K Chalkias - … , AIBlock, AIHWS, AIoTS, CIMSS, Cloud S&P …, 2021 - Springer
A great challenge for distributed payment systems is their compliance with regulations, such
as anti-money laundering, insolvency legislation, countering the financing of terrorism and …

Broken proofs of solvency in blockchain custodial wallets and exchanges

K Chalkias, P Chatzigiannis, Y Ji - International Conference on Financial …, 2022 - Springer
Abstract Since the Mt. Gox Bitcoin exchange collapse in 2014, a number of custodial
cryptocurrency wallets offer a form of financial solvency proofs to bolster their users' …