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Encryption, Hashing, PPK, and Blockchain: A Simple Introduction

Author

Listed:
  • John P. Conley

    (Vanderbilt University)

Abstract

Blockchain, SSL certificates, HTTPS, cryptocurrencies, public/private key pairs, VPNs, and many other important technologies are all applications of two basic ideas from cryptography: encryption and hash functions. This paper explains these two ideas and shows how they have been deployed in different combinations to create applications that drive the Internet and technologies that will shape our economy in the future.

Suggested Citation

  • John P. Conley, 2019. "Encryption, Hashing, PPK, and Blockchain: A Simple Introduction," Vanderbilt University Department of Economics Working Papers 19-00013, Vanderbilt University Department of Economics.
    • Handle: RePEc:van:wpaper:vuecon-sub-19-00014
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    File URL: http://www.accessecon.com/pubs/VUECON/VUECON-19-00013.pdf
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    More about this item

    Keywords

    Blockchain; SSL certificates; HTTPS; cryptocurrencies; public/private key pairs; PKK; VPN; cryptography; encryption; hash functions;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling

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