Deployment of Threshold Signatures for Securing Bitcoin Transactions

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26220%2F23%3APU151102" target="_blank" >RIV/00216305:26220/23:PU151102 - isvavai.cz</a>
Result on the web
<a href="https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2023_sbornik_2_v2.pdf" target="_blank" >https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2023_sbornik_2_v2.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Deployment of Threshold Signatures for Securing Bitcoin Transactions
Original language description
Blockchain technology, especially Bitcoin, has revolutionized how we think about and manage financial transactions. However, with the increasing demand and usage of blockchain technology, the security of cryptocurrency wallets has become a critical concern. Threshold signatures offer a promising solution to this problem, allowing multiple parties to sign a transaction without revealing their private keys. This article presents an Android mobile Bitcoin wallet application that uses Schnorr-based threshold signatures. The application also deploys smartwatch integration for enhanced security and usability. This integration provides an additional layer of security by requiring physical confirmation from the user before approving any transaction. Our implementation provides a secure and efficient platform for managing Bitcoin assets using threshold signatures while also providing an intuitive and easy-to-use interface for interacting with the application.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings II of the 29th Conference STUDENT EEICT 2023 Selected Papers
ISBN
978-80-214-6154-3
ISSN
2788-1334
e-ISSN
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Number of pages
4
Pages from-to
117-120
Publisher name
Brno University of Technology, Faculty of Electronic Engineering and Communication
Place of publication
Brno
Event location
Brno
Event date
Apr 25, 2023
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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