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Blockchain is a disruptive technology intended at implementing secure decentralized distributed systems, in which transactional data can be shared, stored and verified by participants of a system using cryptographic and consensus…

Software Engineering · Computer Science 2019-03-11 Sabreen Ahmadjee , Rami Bahsoon

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering launching their own…

Computational Finance · Quantitative Finance 2020-07-30 Wolfgang Karl Härdle , Campbell R. Harvey , Raphael C. G. Reule

In this chapter we provide an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets. In…

Computers and Society · Computer Science 2015-11-19 Gareth William Peters , Efstathios Panayi

As an innovative technology for enhancing authenticity, security, and risk management, blockchain is being widely adopted in trade and finance systems. The unique capabilities of blockchain, such as immutability and transparency, enable new…

Cryptography and Security · Computer Science 2024-02-28 Hanjie Wu , Qian Yao , Zhenguang Liu , Butian Huang , Yuan Zhuang , Huayun Tang , Erwu Liu

Despite the hype about blockchains and distributed ledgers, no formal abstraction of these objects has been proposed. To face this issue, in this paper we provide a proper formulation of a distributed ledger object. In brief, we define a…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-07 Antonio Fernández Anta , Chryssis Georgiou , Kishori Konwar , Nicolas Nicolaou

Blockchain technology has rapidly emerged to mainstream attention, while its publicly accessible, heterogeneous, massive-volume, and temporal data are reminiscent of the complex dynamics encountered during the last decade of big data.…

Cryptography and Security · Computer Science 2024-04-30 Poupak Azad , Cuneyt Gurcan Akcora , Arijit Khan

Blockchain has attracted significant attention in recent years due to its potential to revolutionize various industries by providing trustlessness. To comprehensively examine blockchain systems, this article presents both a macro-level…

Cryptography and Security · Computer Science 2023-04-18 Minghui Xu , Yihao Guo , Chunchi Liu , Qin Hu , Dongxiao Yu , Zehui Xiong , Dusit Niyato , Xiuzhen Cheng

Much has been written about the likely impact of blockchain technology. Early scholarship on this topic has focused on the legal and financial implications of virtual currencies which is based on blockchain technology. Rapid introduction…

Cryptography and Security · Computer Science 2019-04-09 Lawrence J. Trautman , Mason J. Molesky

As the public Ethereum network surpasses half a billion transactions and enterprise Blockchain systems becoming highly capable of meeting the demands of global deployments, production Blockchain applications are fast becoming commonplace…

Cryptography and Security · Computer Science 2019-09-24 Evan Brinckman , Andrey Kuehlkamp , Jarek Nabrzyski , Ian J. Taylor

Blockchain is an emerging digital technology allowing ubiquitous financial transactions among distributed untrusted parties, without the need of intermediaries such as banks. This chapter examines the impact of blockchain technology in…

Computers and Society · Computer Science 2021-02-19 Andreas Kamilaris , Ian Cole , Francesc X. Prenafeta-Boldu

Blockchain is an incipient technology that offers many strengths compared to traditional systems, such as decentralization, transparency and traceability. However, if the technology is to be used for processing personal data, complementary…

Software Engineering · Computer Science 2020-10-27 Fernanda Molina , Gustavo Betarte , Carlos Luna

Blockchains rely on economic incentives to ensure secure and decentralised operation, making incentive compatibility a core design concern. However, protocols are rarely deployed in isolation. Applications interact with the underlying…

Computer Science and Game Theory · Computer Science 2026-04-08 Zeta Avarikioti , Georg Fuchsbauer , Pim Keer , Matteo Maffei , Fabian Regen

Blockchain technology holds promise for Web 3.0, but scalability remains a critical challenge. Here, we present a mathematical theory for a novel blockchain network topology based on fractal N-dimensional simplexes. This Hyper-simplex…

Networking and Internet Architecture · Computer Science 2024-10-02 Kaiwen Yang , Hao Xu , Yunqing Sun , Jiacheng Qian , Zihan Zhou , Xiaoshuai Zhang , Erwu Liu , Lei Zhang , Chih-Lin I

The popularity of blockchain technology continues to grow rapidly in both industrial and academic fields. Most studies of blockchain focus on the improvements of security, usability, or efficiency of blockchain protocols, or the…

Software Engineering · Computer Science 2018-06-20 He Jiang , Dong Liu , Zhilei Ren , Tao Zhang

Consensus algorithms are central to blockchain technology and an emerging research area. In this paper, we begin with an overview of the different types and architectures of blockchain networks. Then, with a focus on consortium blockchains,…

Data Structures and Algorithms · Computer Science 2023-09-28 Wei Yao , Fadi P. Deek , Renita Murimi , Guiling Wang

Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format.…

Although historically the term serverless was also used in the context of peer-to-peer systems, it is more frequently associated with the architectural style for developing cloud-native applications. From the developer's perspective,…

Cryptography and Security · Computer Science 2020-11-26 Vladimir Yussupov , Ghareeb Falazi , Uwe Breitenbücher , Frank Leymann

Blockchain is a linearly linked, distributed, and very robust data structure. Originally proposed as part of the Bitcoin distributed stack, it found a number of applications in a number of fields, most notably in smart contracts, social…

Cryptography and Security · Computer Science 2023-01-13 Georgios Drakopoulos , Michail Marountas , Xenophon Liapakis , Giannis Tzimas , Phivos Mylonas , Spyros Sioutas

Blockchain technology has been transforming the financial industry and has created a new crypto-economy in the last decade. The foundational concepts such as decentralized trust and distributed ledger are promising for distributed, and…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-09 Gowri Sankar Ramachandran , Bhaskar Krishnamachari