Katarina Antić, Katarina Milosavljević


In today’s digital landscape, peer-to-peer (P2P) transactions have gained significant traction across various sectors, ranging from travel necessities to energy sharing. However, the inherent challenges of trust and security have remained formidable obstacles to widespread adoption. This paper presents a comprehensive exploration of how blockchain technology can address these challenges and enhance trust and security in P2P transactions. By providing a decentralized and immutable ledger, blockchain offers a transparent and tamper-resistant platform for recording transactions. Through a review of existing literature, this paper analyses the potential benefits of blockchain in P2P transactions. It examines various consensus mechanisms, smart contract implementations and privacy-preserving techniques to evaluate their effectiveness in ensuring trust and security. By synthesizing insights from both theoretical frameworks and practical implementations, this paper offers valuable guidance for researchers, practitioners and policymakers seeking to leverage blockchain technology to enhance trust and security in P2P transactions.

Cite this article

Antić, K., & Milosavljević, K. (2024, May 10-11). Enhancing Trust and Security in Peer-to-Peer Transactions through Blockchain Technology: A Comprehensive Exploration. In M. Maričić, V. Jeremić & N. Zornić. (Eds.), Proceedings of the first International conference on sharing economy and contemporary business models: Theory and practice, IC-SHARE 2024, Belgrade, Serbia, (pp. 106-111). https://doi.org/10.62863/XWWX8471.