Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Cryptographic Algorithm

Handbook of Research on Smart Technology Models for Business and Industry
The means of altering data from a readable form (also known as plaintext) to a protected form (also known as ciphertext), and back to the readable form. Changing plaintext to ciphertext is known as encryption, whereas changing ciphertext to plaintext is known as decryption.
Published in Chapter:
Decentralized Cryptocurrency Security and Financial Implications: The Bitcoin Paradigm
Amany Mohammed Alshawi (King Abdulaziz City for Science and Technology, Saudi Arabia)
DOI: 10.4018/978-1-7998-3645-2.ch001
The worldwide growth in electronic commerce has led to the emergence of digital currencies, which have been gaining public and research attention as an alternative method of payment. In recent years, Bitcoin has become a global currency with a multibillion USD market value. This is a result of the many attractive features of the currency including its distributed algorithms, cryptography, and incentive-driven performance. This chapter offers an in-depth investigation of the Bitcoin network along with its security and financial implications. All the components of the network are described along with details of the cryptographic foundations of the system. The chapter also describes the security and privacy implications of Bitcoin and proposes methods to minimize their effect. Finally, the chapter discusses the regulatory and financial implications of the Bitcoin network to show how countries around the world are reacting to the widespread use of cryptocurrencies.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR