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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

Smart contracts are autonomous and immutable pieces of code that are deployed on blockchain networks and run by miners. They were first introduced by Ethereum in 2014 and have since been used for various applications such as security…

Software Engineering · Computer Science 2024-07-08 Mahdi Fooladgar , Fathiyeh Faghih

The Ethereum blockchain platform supports the execution of decentralised applications or smart contracts. These typically hold and transfer digital currency to other parties on the platform; however, they have been subject to numerous…

Programming Languages · Computer Science 2019-04-16 Franklin Schrans , Daniel Hails , Alexander Harkness , Sophia Drossopoulou , Susan Eisenbach

When blockchain systems are said to be trustless, what this really means is that all the trust is put into software. Thus, there are strong incentives to ensure blockchain software is correct -- vulnerabilities here cost millions and break…

Software Engineering · Computer Science 2025-10-20 Jan Corazza , Ivan Gavran , Gabriela Moreira , Daniel Neider

With a market capitalisation of over USD 205 billion in just under ten years, public distributed ledgers have experienced significant adoption. Apart from novel consensus mechanisms, their success is also accountable to smart contracts.…

Cryptography and Security · Computer Science 2018-11-02 Dominik Harz , William Knottenbelt

Digital payments play a pivotal role in the burgeoning digital economy. Moving forward, the enhancement of digital payment systems necessitates programmability, going beyond just efficiency and convenience, to meet the evolving needs and…

Trading and Market Microstructure · Quantitative Finance 2025-09-01 Zijia Meng , Victor Feng

Smart contracts have been increasingly used together with blockchains to automate financial and business transactions. However, many bugs and vulnerabilities have been identified in many contracts which raises serious concerns about smart…

Software Engineering · Computer Science 2020-05-21 Zhipeng Gao , Lingxiao Jiang , Xin Xia , David Lo , John Grundy

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

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

Programming Languages · Computer Science 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

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

Distributed immutable ledgers, or blockchains, allow the secure digitization of evidential transactions without relying on a trusted third-party. Evidential transactions involve the exchange of any form of physical evidence, such as money,…

Cryptography and Security · Computer Science 2024-03-26 Zaynah Dargaye , Önder Gürcan , Florent Kirchner , Sara Tucci-Piergiovanni

Blockchains are maintained by a network of participants that run algorithms designed to maintain collectively a distributed machine tolerant to Byzantine attacks. From the point of view of users, blockchains provide the illusion of…

Logic in Computer Science · Computer Science 2022-07-15 Martán Ceresa , César Sánchez

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 platforms, such as Ethereum, allow a set of actors to maintain a ledger of transactions without relying on a central authority and to deploy scripts, called smart contracts, that are executed whenever certain transactions occur.…

Software Engineering · Computer Science 2019-04-23 Orlenys López-Pintado , Luciano García-Bañuelos , Marlon Dumas , Ingo Weber , Alex Ponomarev

Blockchain systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

Smart contracts deployed on blockchains such as Ethereum routinely manage large amounts of assets, making their security critical. Empirical studies show that real-world attacks often exploit flaws in the business logic of contracts that…

Cryptography and Security · Computer Science 2026-04-16 Massimo Bartoletti , Angelo Ferrando , Enrico Lipparini , Vadim Malvone

Large language models (LLMs) excel at generating code from natural language instructions, yet they often lack an understanding of security vulnerabilities. This limitation makes it difficult for LLMs to avoid security risks in generated…

Cryptography and Security · Computer Science 2025-05-08 Lingxiang Wang , Hainan Zhang , Qinnan Zhang , Ziwei Wang , Hongwei Zheng , Jin Dong , Zhiming Zheng

The widespread lack of broad source code verification on blockchain explorers such as Etherscan, where despite 78,047,845 smart contracts deployed on Ethereum (as of May 26, 2025), a mere 767,520 (< 1%) are open source, presents a severe…

Cryptography and Security · Computer Science 2025-06-25 Isaac David , Liyi Zhou , Dawn Song , Arthur Gervais , Kaihua Qin

Smart contracts are programs that manage digital assets according to a certain protocol, expressing for instance the rules of an auction. Understanding the possible behaviors of a smart contract is difficult, which complicates development,…

Software Engineering · Computer Science 2018-07-23 Florentin Guth , Valentin Wüstholz , Maria Christakis , Peter Müller