Fraud and Blockchain

1. How was data collected (methodology)? Cut and paste the paragraph below that describes the methodology and HIGHLIGHT the indicator words that specifically show you the methodology :

The data was collected through observation.

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“To understand how fraud and blockchain topic are discussed on social media, a twitter listener was developed using Apache Flume and approximately 2 million tweets were collected during November 8th and December 31, 2018 using “blockchain” as the keyword. From this pool of tweets, 7,901 are tweets that include both “ fraud” and “ blockchain” in the tweet text and are written in English. Those tweets will be used in the analysis. About 41% (3,199) are original tweets, 51% of them are retweets (4,062) and the rest (8%, 649 tweets) are either quoted tweets or replies. Issues in Information Systems Volume 20, Issue 4, pp. x-x, 2019 13 This following section will first discuss top words and sentiment words in original tweets on blockchain fraud discussion, followed by a sentiment analysis about this topic. We also identify top influencers in the topic by looking at the frequency of retweets and eigenvector centrality”.

2. What were the findings? Cut and paste the paragraph below that describes the findings and HIGHLIGHT the sentences that specifically show you the summary of findings:

The findings indicate that fraud in cryptocurrency has become commonplace and has influenced conversations.

“The findings of this research show that the most frequently mentioned words in tweets include scam, tax, combat, fight, bitcoin, crypto, payment, Asia, Japan, Germany, Thailand and banks. The top sentiment words are scam, combat, fight, fraudulent, prison, swift, frauds, hacked, prevent, and guilty” .

“It can be seen that people are more aware and concerned about the scams and barely mentioned other security attacks such as the 51% attack and hard fork. In addition, the frequency and severity of scams are much greater than other issues because blockchain is structured in a very secure way, making other attacks more difficult to occur”

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