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In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a…

Software Engineering · Computer Science 2019-12-24 Zibin Zheng , Shaoan Xie , Hong-Ning Dai , Weili Chen , Xiangping Chen , Jian Weng , Muhammad Imran

A blockchain-based smart contract or a "smart contract" for short, is a computer program intended to digitally facilitate the negotiation or contractual terms directly between users when certain conditions are met. With the advance in…

Computers and Society · Computer Science 2019-06-11 Yining Hu , Madhusanka Liyanage , Ahsan Mansoor , Kanchana Thilakarathna , Guillaume Jourjon , Aruna Seneviratne

The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski

Infrastructure maintenance is inherently complex, especially for widely dispersed transport systems like roads and railroads. Maintaining this infrastructure involves multiple partners working together to ensure safe, efficient upkeep that…

Computers and Society · Computer Science 2024-10-29 Fatjon Seraj

With technological advances and the establishment of e-commerce models, business challenges have shifted to online platforms. The promise of embedding self-executing and autonomous programs into blockchain technologies has attracted…

Computers and Society · Computer Science 2022-08-03 Kamal Kishor Singh

The concept of blockchain has emerged as an effective solution for data-sensitive domains, such as healthcare, financial services, etc., due to its various attributes like immutability, non-repudiation, and availability. Thus,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-16 Shashank Joshi , Arhan Choudhury , Ojas Saraswat

Blockchain is a core technology to manage the value of cryptocurrencies, or to record trails of important business trades. The Smart Contract on blockchain is expected to improve security on blockchain system with automated operation, but…

Cryptography and Security · Computer Science 2020-01-07 Shingo Fujimoto , Yoshiki Higashikado , Takuma Takeuchi

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…

Cryptography and Security · Computer Science 2021-06-29 Markus Nissl , Emanuel Sallinger , Stefan Schulte , Michael Borkowski

Smart contracts are blockchain-based algorithms that execute when specific criteria are satisfied. They are often used to automate the implementation of an agreement so that all parties may be confident of the conclusion right away, without…

Cryptography and Security · Computer Science 2022-12-19 Harry Virani , Manthan Kyada

Interoperability is a significant challenge in blockchain technology, hindering seamless data and service sharing across diverse blockchain networks. This study introduces Automated Gateways as a novel framework leveraging smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-24 Koosha Esmaeilzadeh Khorasani , Sara Rouhani , Rui Pan , Vahid Pourheidari

Blockchains provide environments where parties can interact transparently and securely peer-to-peer without needing a trusted third party. Parties can trust the integrity and correctness of transactions and the verifiable execution of…

Cryptography and Security · Computer Science 2023-03-02 Simon Tschirner , Shashank Shekher Tripathi , Mathias Roeper , Markus M. Becker , Volker Skwarek

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

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

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

Blockchain has emerged as a trusted and secure distributed ledger for transactions while also being decentralised, distributed and its legitimacy not guaranteed by a trusted authority. Since the appearance of Bitcoin, Blockchain has known…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-01 Ioana Stanescu , Lenuta Alboaie , Andrei Panu

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

Supply chain applications operate in a multi-stakeholder setting, demanding trust, provenance, and transparency. Blockchain technology provides mechanisms to establish a decentralized infrastructure involving multiple stakeholders. Such…

Cryptography and Security · Computer Science 2021-08-30 Gowri Sankar Ramachandran , Sidra Malik , Shantanu Pal , Ali Dorri , Volkan Dedeoglu , Salil Kanhere , Raja Jurdak

The Physical Internet and hyperconnected logistics concepts promise an open, more efficient and environmentally friendly supply chain for goods. Blockchain and Internet of Things technologies are increasingly regarded as main enablers of…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-04-09 Quentin Betti , Raphaël Khoury , Sylvain Hallé , Benoît Montreuil
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