Committed to Research

The Bitfury Group believes research is key to building a healthy blockchain ecosystem. We are committed to promoting the academic climate around blockchain and bitcoin technology for future technological improvement and ensured community stability.

As blockchain technology expands around the world, we believe it is essential to continue studying and evaluating the technology’s potential. Our white papers and fact sheets tackle some of the most pressing questions in the blockchain community.

Blockchain-Based Solution to Prevent Postage Stamps Fraud

Jul 16, 2019

This research paper, published by IEEE, is a continuation of the research Bitfury published in December 2018. In this article, the researchers discuss the issue of postage stamp fraud and include a technical description and performance tests of the proposed blockchain solution.

Multi-Database Monitoring Tool for the E-Health Services

Jun 26, 2019

The paper outlines some aspects of developing an information system for e-Health database administrators (DBA). This system is equipped with advanced database performance monitoring and prediction features and based on different captured metrics as CPUs, RAMs, HDDs, and other values as well as historical events from host cluster/nodes. The data are aggregated, processed and transformed to provide the developers, production and host DBA teams with timely, proper, and valuable information about existing issues. The graphical representation of critical parameters to the working instance is provided. The approaches to forecasting database performance troubles related to the degradation of its characteristics due to different cumulative effects are discussed.

Using Blockchain For Smart Electrical Grids

Apr 09, 2019

In this article, Bitfury and other leading researchers introduce a blockchain-based system for the management of smart electrical grids, and discuss the opportunities and threats to this approach as well as summarize standing issues in the sector.

Decentralized e-Health Architecture for Boosting Healthcare Analytics

Feb 05, 2019

In this article, we present an overview of the problems associated with the analysis and security of medical data and offer a solution that will provide the basis for improving the quality of medical services. We propose the architecture of a decentralized health data ecosystem based on a blockchain that will allow us to operate with vast volumes of clinical data, while also protecting confidential medical data. An example of a blockchain solution based on Exonum framework for state-scale use in healthcare is discussed. The deployments of such systems will the benefit to medical data safety, extend the base of clinical data collections, and create an effective shared health infrastructure.

"Bitcoin: A Peer-to-Peer Electronic Cash System” translated into Arabic

Jan 22, 2019

To advance the awareness of bitcoin and blockchain technology around the world, Bitfury translated Satoshi Nakamoto’s white paper into Arabic in partnership with Coin Center, the Global Blockchain Business Council, the Blockchain Trust Accelerator and author-economist Saifedean Ammous.

"Bitcoin: A Peer-to-Peer Electronic Cash System” translated into Hindi

Jan 22, 2019

To advance the awareness of bitcoin and blockchain technology around the world, Bitfury translated Satoshi Nakamoto’s white paper into Hindi in partnership with Coin Center, the Global Blockchain Business Council, the Blockchain Trust Accelerator, and the Blockchain Foundation of India.

Exonum: Byzantine fault tolerant protocol for blockchains

Dec 27, 2018

The need for consensus in distributed systems is an active area of research. There are many mathematical models with known theoretical limitations, as well as many correct and fast protocols. This research paper posits that the competitive blockchain industry requires foremost that consensus algorithms be fast regarding processed transactions per second. The new blockchain-specific consensus algorithm named Exonum is proposed in the paper. Its theoretical properties are proved and performance tests are provided.

Blockchain-Based Supply Chain for Postage Stamps

Dec 13, 2018

In this report, Bitfury researchers, together with the Skolkovo Institute of Science and Technology and the Russian Post, introduce the idea of a blockchain-based supply chain for postage stamps. Counterfeit and unaccounted for postage stamps cost postal administrations a significant amount of money each year. The Exonum blockchain could provide a solution to this problem, enhancing market transparency and guaranteeing the invariability of stamps produced and used.

Crystal Blockchain Analytics: Investigation of the Zaif Exchange Hack

Oct 22, 2018

In this report, Bitfury shares analysis completed by its Crystal Blockchain Analytics engineering team on the movement of bitcoin from the Zaif exchange after its hack in September 2018.

Automatic Bitcoin Address Clustering

Jan 04, 2018

The Bitfury Group, the world’s leading full-service Blockchain technology company, and its world-class global development team detail in this white paper a new solution to help reveal relationships between bitcoin addresses that minimizes errors in data and ensures greater accuracy in linking bitcoin addresses for criminal investigations, while also showing bitcoin users ways to protect their privacy.

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