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Related papers: Rethinking Blockchain Security: Position Paper

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Blockchain technology has been attracting much attention from both academia and industry. It brings many benefits to various applications like Internet of Things. However, there are critical issues to be addressed before its widespread…

Cryptography and Security · Computer Science 2020-09-15 Hongyue Kang , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić , Yingying Yao , Zhi Chen

Research in blockchain systems has mainly focused on improving security and bridging the performance gaps between blockchains and databases. Despite many promising results, we observe a worrying trend that the blockchain landscape is…

Databases · Computer Science 2019-10-23 Tien Tuan Anh Dinh , Anwitaman Datta , Beng Chin Ooi

Blockchain technology enables the execution of collaborative business processes involving untrusted parties without requiring a central authority. Specifically, a process model comprising tasks performed by multiple parties can be…

Software Engineering · Computer Science 2016-12-12 Luciano García-Bañuelos , Alexander Ponomarev , Marlon Dumas , Ingo Weber

Distributed ledgers are common in the industry. Some of them can use blockchains as their underlying infrastructure. A blockchain requires participants to agree on its contents. This can be achieved via a consensus protocol, and several BFT…

Performance · Computer Science 2024-11-13 J. D. Chan , Y. C. Tay , Brian R. Z. Yen

Blockchain technology has emerged as a disruptive force with transformative potential across numerous industries, promising efficient and automated solutions that can revolutionize traditional systems. By leveraging decentralized ledger…

Software Engineering · Computer Science 2023-11-15 Md. Raisul Hasan Shahrukh , Md. Tabassinur Rahman , Nafees Mansoor

Smart Contracts are commonly considered to be an important component or even a key to many business solutions in an immense variety of sectors and promises to securely increase their individual efficiency in an ever more digitized…

Computational Finance · Quantitative Finance 2021-03-16 Elizaveta Zinovyeva , Raphael C. G. Reule , Wolfgang Karl Härdle

Known for its decentralized and tamper-aware properties, blockchain is attractive to enhance the infrastructure of systems that have been constrained by traditionally centralized and vendor-locked environments. Although blockchain has…

Cryptography and Security · Computer Science 2020-10-06 Peng Zhang , Douglas C. Schmidt , Jules White

Blockchain technology is among the fastest-growing technologies in the world today. It has been adopted in diverse areas but mostly in financial systems, such as Bitcoin cryptocurrency. Therefore, it is a niche that has attracted interest…

Cryptography and Security · Computer Science 2021-06-30 Mabrook S. Al-Rakhami , Abdu Gumaei , Sk. Md. Mizanur Rahman , Atif Al-Amri

This paper addresses the issue of blockchain protocol risks, a foundational category of risks affecting Distributed Ledger Technology (DLT) which underpins digital assets, smart contracts, and decentralised applications. It presents a…

Risk Management · Quantitative Finance 2023-10-18 Alex Nathan , Dimosthenis Kaponis , Saul Lustgarten

The traditional oil supply chain suffers from various shortcomings regarding crude oil extraction, processing, distribution, environmental pollution, and traceability. It offers an only a forward flow of products with almost no security and…

Cryptography and Security · Computer Science 2021-05-13 AKM Bahalul Haque , Md. Rifat Hasan , Md. Oahiduzzaman Mondol Zihad

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

Securities exchange being digitalised and online, security of information and data has become a major concern. Blockchain (BC) technology, being distributed and immutable in nature, has proved to the "Trust Machine" eliminating the need for…

Computers and Society · Computer Science 2018-07-04 Mahdi H. Miraz , David C. Donald

The explosive advent of the blockchain technology has led to hundreds of blockchain systems in the industry, thousands of academic papers published over the last few years, and an even larger number of new initiatives and projects. Despite…

Networking and Internet Architecture · Computer Science 2023-07-27 Mohammad Hossein Tabatabaei , Roman Vitenberg , Narasimha Raghavan Veeraragavan

Blockchain is challenging the status quo of the central trust infrastructure currently prevalent in the Internet towards a design principle that is underscored by decentralization, transparency, and trusted auditability. In ideal terms,…

Blockchain has emerged as one of the most promising and revolutionary technologies in the past years. Companies are exploring implementation of use cases in hope of significant gains in efficiencies. However, to achieve the impact hoped…

Software Engineering · Computer Science 2018-06-11 Fredrik Milani , Luciano Garcia-Banuelos

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

Blockchain technology, a foundational distributed ledger system, enables secure and transparent multi-party transactions. Despite its advantages, blockchain networks are susceptible to anomalies and frauds, posing significant risks to their…

Cryptography and Security · Computer Science 2024-02-20 Joerg Osterrieder , Stephen Chan , Jeffrey Chu , Yuanyuan Zhang , Branka Hadji Misheva , Codruta Mare

In the given technology-driven era, smart cities are the next frontier of technology, aiming at improving the quality of people's lives. Many research works focus on future smart cities with a holistic approach towards smart city…

Cryptography and Security · Computer Science 2021-07-22 S. Valli Sanghami , John J. Lee , Qin Hu

The rise of blockchain technology within a few years has attracted researchers across the world. The prime reason for worldwide attention is undoubtedly due to its feature of immutability along with the decentralized approach of data…

Computers and Society · Computer Science 2020-12-08 Saqib Hakak , Wazir Zada Khan , Gulshan Amin Gilkar , Basem Assiri , Mamoun Alazab , Sweta Bhattacharya , G Thippa Reddy

Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…

Cryptography and Security · Computer Science 2026-04-08 Yi Lyu