“It’s like any other digital commodity in that it finds its value in the people who use it…” — Tyler Moore
KERA Public Radio journalist Justin Martin tapped the expertise of SMU Bitcoin and cybersecurity expert Tyler W. Moore, an assistant professor of computer science in the Lyle School of Engineering.
An expert on the digital currency Bitcoin, Moore’s expertise draws in part on his research surrounding Bitcoin, the exchanges that trade in the currency and patterns of online usage. One of Moore’s studies found that online money exchanges that trade hard currency for the rapidly emerging cyber money have a 45 percent chance of failing — often taking their customers’ money with them.
The finding is from a computer science study in which Moore applied survival analysis to examine the factors that prompt Bitcoin currency exchanges to close.