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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

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

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

Blockchains are decentralized systems that provide trustable execution guarantees. Smart contracts are programs written in specialized programming languages running on blockchains that govern how tokens and cryptocurrency are sent and…

Logic in Computer Science · Computer Science 2024-01-23 Margarita Capretto , Martin Ceresa , Cesar Sanchez

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

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

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

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

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 computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Yackolley Amoussou-Guenou , Maurice Herlihy , Sucharita Jayanti , Maria Potop-Butucaru , Sergio Rajsbaum

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

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

Blockchain-driven technologies are considered disruptive because of the availability of dis-intermediated, censorship-resistant and tamper-proof digital platforms of distributed trust. Among these technologies, smart contract platforms have…

Computers and Society · Computer Science 2018-03-14 Alexandra Covaci , Simone Madeo , Patrick Motylinski , Stéphane Vincent

Smart contracts have recently been adopted by many security protocols. However, existing studies lack satisfactory theoretical support on how contracts benefit security protocols. This paper aims to give a systematic analysis of smart…

Cryptography and Security · Computer Science 2022-04-21 Rujia Li , Qin Wang , Qi Wang , David Galindo

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

A smart contract is a computer program which allows users to automate their actions on the blockchain platform. Given the significance of smart contracts in supporting important activities across industry sectors including supply chain,…

Software Engineering · Computer Science 2021-04-20 Palina Tolmach , Yi Li , Shang-Wei Lin , Yang Liu , Zengxiang Li

A smart contract is an interactive program that governs funds in the realm of a single cryptocurrency. Yet, the many existing cryptocurrencies have spurred the design of cross-chain applications that require interactions with multiple…

Cryptography and Security · Computer Science 2025-01-30 Federico Badaloni , Sebastian Holler , Chrysoula Oikonomou , Pedro Moreno-Sanchez , Clara Schneidewind
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