BitConduite: Visualizing and Analyzing Activity on the Bitcoin Network
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
The Eurographics Association
Abstract
BitConduite is a system we are developing for the visual exploration of financial activity on the Bitcoin network. Bitcoin is the largest digital pseudo-currency worldwide and its study is of increasing interest and importance to economists, bankers, policymakers, and law enforcement authorities. All financial transactions in Bitcoin are available in an openly accessible online ledger-the (Bitcoin) blockchain. Yet, the open data does not lend itself easily to an analysis of how different individuals and institutions-or entities on the network-actually use Bitcoin. Our system BitConduite offers a data transformation back end that gives us an entity-based access to the blockchain data and a visualization front end that supports a novel high-level view on transactions over time. In particular, it facilitates the exploration of activity through filtering and clustering interactions. We are developing our system with experts in economics and will conduct a formal user study to assess our approach of Bitcoin activity analysis.
Description
@inproceedings{10.2312:eurp.20171160,
booktitle = {EuroVis 2017 - Posters},
editor = {Anna Puig Puig and Tobias Isenberg},
title = {{BitConduite: Visualizing and Analyzing Activity on the Bitcoin Network}},
author = {Kinkeldey, Christoph and Fekete, Jean-Daniel and Isenberg, Petra},
year = {2017},
publisher = {The Eurographics Association},
ISBN = {978-3-03868-044-4},
DOI = {10.2312/eurp.20171160}
}