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We introduce the DeTerministic Virtual Machine (DTVM) Stack, a next-generation smart contract execution framework designed to address critical performance, determinism, and ecosystem compatibility challenges in blockchain networks. Building…

Blockchain-based smart contract has become a growing field in the blockchain technology. What was once a technology used to solve digital transaction issues turns out to have some wider usage, including smart contract. The development of…

Cryptography and Security · Computer Science 2021-08-23 Fengkie Junis , Faisal Malik Widya Prasetya , Farouq Ibrahim Lubay , Anny Kartika Sari

Smart contract, one of the most successful applications of blockchain, is taking the world by storm, playing an essential role in the blockchain ecosystem. However, frequent smart contract security incidents not only result in tremendous…

Cryptography and Security · Computer Science 2022-09-14 Peng Qian , Zhenguang Liu , Qinming He , Butian Huang , Duanzheng Tian , Xun Wang

Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-16 Paolo Bottoni , Claudio Di Ciccio , Remo Pareschi , Nicola Gessa , Gilda Massa

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

Smart contracts on the blockchain offer decentralized financial services but often lack robust security measures, leading to significant economic losses. While substantial research has focused on identifying vulnerabilities in smart…

Cryptography and Security · Computer Science 2024-10-18 Youwei Huang , Sen Fang , Jianwen Li , Bin Hu , Tao Zhang

In this paper, we present Velocity, a decentralized market deployed on Ethereum for trading a custom type of derivative option. To enable the smart contract to work, we also implement a price fetching tool called PriceGeth. We present this…

Cryptography and Security · Computer Science 2018-02-15 Shayan Eskandari , Jeremy Clark , Vignesh Sundaresan , Moe Adham

Smart contracts are autonomous software executing predefined conditions. Two of the biggest advantages of the smart contracts are secured protocols and transaction costs reduction. On the Ethereum platform, an open-source blockchain-based…

Computational Engineering, Finance, and Science · Computer Science 2019-05-27 Jeremy Charlier , Radu Statem , Jean Hilger

Despite technological advances, most smart objects in the Internet of Things (IoT) cannot be accessed using technologies designed and developed for interacting with powerful Internet servers. IoT use cases involve devices that not only have…

Cryptography and Security · Computer Science 2019-01-24 Nikos Fotiou , Vasilios A. Siris , George C. Polyzos

The increasing demand for scalable blockchain has driven research into parallel execution models for smart contracts. Crystality is a novel smart contract programming language designed for parallel Ethereum Virtual Machines (EVMs), enabling…

Programming Languages · Computer Science 2025-04-25 Ziyun Xu , Hao Wang , Meng Sun

Smart contracts are a new paradigm that emerged with the rise of the blockchain technology. They allow untrusting parties to arrange agreements. These agreements are encoded as a programming language code and deployed on a blockchain…

Cryptography and Security · Computer Science 2019-06-28 Juan Guarnizo , Pawel Szalachowski

We put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract is a functionality that allows…

Quantum Physics · Physics 2019-07-04 Andrea Coladangelo

Recent attacks exploiting errors in smart contract code had devastating consequences thereby questioning the benefits of this technology. It is currently highly challenging to fix errors and deploy a patched contract in time. Instant…

Cryptography and Security · Computer Science 2020-10-05 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

Most modern electronic devices can produce a random number. However, it is difficult to see how a group of mutually distrusting entities can have confidence in any such hardware-produced stream of random numbers, since the producer could…

Cryptography and Security · Computer Science 2019-06-27 Peter Mell , John Kelsey , James Shook

This paper introduces a blockchain-based insurance scheme that integrates parametric and collaborative elements. A pool of investors, referred to as surplus providers, locks funds in a smart contract, enabling blockchain users to underwrite…

Cryptography and Security · Computer Science 2026-01-14 Pierre-Olivier Goffard , Stéphane Loisel

Decentralized cryptocurrencies feature the use of blockchain to transfer values among peers on networks without central agency. Smart contracts are programs running on top of the blockchain consensus protocol to enable people make…

Software Engineering · Computer Science 2018-08-06 Bo Jiang , Ye Liu , W. K. Chan

The Ethereum Virtual Machine (EVM) is a decentralized computing engine. It enables the Ethereum blockchain to execute smart contracts and decentralized applications (dApps). The increasing adoption of Ethereum sparked the rise of phishing…

Cryptography and Security · Computer Science 2025-06-25 Pasquale De Rosa , Simon Queyrut , Yérom-David Bromberg , Pascal Felber , Valerio Schiavoni

Smart contract is a special program that manages digital assets on blockchain. It is difficult to recover the loss if users make transactions through buggy smart contracts, which cannot be directly fixed. Hence, it is important to ensure…

Software Engineering · Computer Science 2019-08-13 Haoran Wu , Xingya Wang , Jiehui Xu , Weiqin Zou , Lingming Zhang , Zhenyu Chen

An appealing feature of blockchain technology is smart contracts. A smart contract is executable code that runs on top of the blockchain to facilitate, execute and enforce an agreement between untrusted parties without the involvement of a…

Cryptography and Security · Computer Science 2017-10-18 Maher Alharby , Aad van Moorsel

Due to the inherent immutability of blockchain technology, smart contract updates require their deployment at new addresses rather than modifying existing ones, thus fragmenting version histories and creating critical blind spots for…

Software Engineering · Computer Science 2025-07-09 Fatou Ndiaye Mbodji , Vinny Adjibi , Moustapha Awwalou Diouf , Gervais Mendy , Kui Liu , Jacques Klein , Tegawende Bissyande