Towards an ethical online payment system through cryptography and next generation communication network

Abstract The internet brings unprecedented connectivity and communications for both social and commercial settings. There have been many businesses that offer their products and services completely online. Nowadays, even the break and mortar businesses use the internet in a way or another to promote...

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Main Authors:	Hassan, Marwa Yousif, Shuriye, Abdi Omar, Salami, Momoh Jimoh Eyiomika, Hassan Abdalla Hashim, Aisha, Khalifa, Othman Omran
Format:	Article
Language:	English
Published:	SERSC 2017
Subjects:	TK7885 Computer engineering
Online Access:	http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/1/63013_Towards%20an%20Ethical%20Online%20Payment%20System.pdf

id	iium-63013
recordtype	eprints
spelling	iium-630132018-04-12T03:46:51Z http://irep.iium.edu.my/63013/ Towards an ethical online payment system through cryptography and next generation communication network Hassan, Marwa Yousif Shuriye, Abdi Omar Salami, Momoh Jimoh Eyiomika Hassan Abdalla Hashim, Aisha Khalifa, Othman Omran TK7885 Computer engineering Abstract The internet brings unprecedented connectivity and communications for both social and commercial settings. There have been many businesses that offer their products and services completely online. Nowadays, even the break and mortar businesses use the internet in a way or another to promote their offerings and to reach people and places they would have never thought of reaching them before the internet era. Conventional online payment systems such as credit and debit cards have enabled such a revolutionary way of doing business. However, conventional financial system has been generating catastrophic disasters to the world. The great depression of 1930s, the World War II, the dot com bubble at the beginning of the new century, and the recent financial crisis that has begun on 2008; to name a few. This will persist if we keep trusting the old ways of finance. This paper investigates the relatively new online payment system termed “Bitcoin” which embraces intentionally or unintentionally the principle of Islamic finance such as saving, compared to the conventional financial system of borrowing, lending and “Riba” (interest). SERSC 2017-08-16 Article PeerReviewed application/pdf en http://irep.iium.edu.my/63013/1/63013_Towards%20an%20Ethical%20Online%20Payment%20System.pdf Hassan, Marwa Yousif and Shuriye, Abdi Omar and Salami, Momoh Jimoh Eyiomika and Hassan Abdalla Hashim, Aisha and Khalifa, Othman Omran (2017) Towards an ethical online payment system through cryptography and next generation communication network. International Journal of Security and Its Applications (IJSIA), 10 (10). pp. 25-34. ISSN 1738-9976 http://www.sersc.org/journals/IJSIA/vol11_no10_2017.php http://dx.doi.org/10.14257/ijsia.2017.10.10.03
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	TK7885 Computer engineering
spellingShingle	TK7885 Computer engineering Hassan, Marwa Yousif Shuriye, Abdi Omar Salami, Momoh Jimoh Eyiomika Hassan Abdalla Hashim, Aisha Khalifa, Othman Omran Towards an ethical online payment system through cryptography and next generation communication network
description	Abstract The internet brings unprecedented connectivity and communications for both social and commercial settings. There have been many businesses that offer their products and services completely online. Nowadays, even the break and mortar businesses use the internet in a way or another to promote their offerings and to reach people and places they would have never thought of reaching them before the internet era. Conventional online payment systems such as credit and debit cards have enabled such a revolutionary way of doing business. However, conventional financial system has been generating catastrophic disasters to the world. The great depression of 1930s, the World War II, the dot com bubble at the beginning of the new century, and the recent financial crisis that has begun on 2008; to name a few. This will persist if we keep trusting the old ways of finance. This paper investigates the relatively new online payment system termed “Bitcoin” which embraces intentionally or unintentionally the principle of Islamic finance such as saving, compared to the conventional financial system of borrowing, lending and “Riba” (interest).
format	Article
author	Hassan, Marwa Yousif Shuriye, Abdi Omar Salami, Momoh Jimoh Eyiomika Hassan Abdalla Hashim, Aisha Khalifa, Othman Omran
author_facet	Hassan, Marwa Yousif Shuriye, Abdi Omar Salami, Momoh Jimoh Eyiomika Hassan Abdalla Hashim, Aisha Khalifa, Othman Omran
author_sort	Hassan, Marwa Yousif
title	Towards an ethical online payment system through cryptography and next generation communication network
title_short	Towards an ethical online payment system through cryptography and next generation communication network
title_full	Towards an ethical online payment system through cryptography and next generation communication network
title_fullStr	Towards an ethical online payment system through cryptography and next generation communication network
title_full_unstemmed	Towards an ethical online payment system through cryptography and next generation communication network
title_sort	towards an ethical online payment system through cryptography and next generation communication network
publisher	SERSC
publishDate	2017
url	http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/ http://irep.iium.edu.my/63013/1/63013_Towards%20an%20Ethical%20Online%20Payment%20System.pdf
first_indexed	2023-09-18T21:29:20Z
last_indexed	2023-09-18T21:29:20Z
_version_	1777412404806680576

Towards an ethical online payment system through cryptography and next generation communication network

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