Blue Jellyfish
A Multi-Layered Programmable Blockchain Approach to Digital Currency for High-Volume Transactions in E-Commerce Systems
Ciprian Pungil ̆a1, PhD. and Viorel Negru1, PhD.
Faculty of Mathematics and Informatics Computer Science Department
West University of Timisoara
V. Parvan 4, Timisoara, Romania {ciprian.pungila,viorel.negru}e-uvt.ro
Introduction to the paper
" We are proposing a multi-layered, scalable, secure model of a programmable blockchain approach to digital currency, aimed towards high-volume e-commerce systems, and discuss the intricacies of our approach through detailed functional and algorithmic analysis. Addition- ally, we analyze the primary bottlenecks of the most widespread digital currencies today and identify the advantages of our approach as compared to the them, outlining the ability to use our model in e-commerce systems with a high number of transactions, where reliability and scalability are key factors to driving successful businesses in digital environments."