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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

Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

Cryptography and Security · Computer Science 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

Research on blockchains addresses multiple issues, with one being writing smart contracts. In our previous research we described methodology and a tool to generate, in automated fashion, smart contracts from BPMN models. The generated smart…

Software Engineering · Computer Science 2025-05-29 C. G. Liu , P. Bodorik , D. Jutla

Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…

Software Engineering · Computer Science 2025-10-22 Rene Davila , Everardo Barcenas , Rocio Aldeco-Perez

Smart contracts are crucial elements of decentralized technologies, but they face significant obstacles to trustworthiness due to security bugs and trapdoors. To address the core issue, we propose a technology that enables programmers to…

Cryptography and Security · Computer Science 2023-04-19 Nikolaj Bjørner , Shuo Chen , Yang Chen , Zhongxin Guo , Peng Liu , Nanqing Luo

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

Blockchain-based distributed computing platforms enable the trusted execution of computation - defined in the form of smart contracts - without trusted agents. Smart contracts are envisioned to have a variety of applications, ranging from…

Cryptography and Security · Computer Science 2018-02-28 Anastasia Mavridou , Aron Laszka

Smart contracts codify real-world transactions and automatically execute the terms of the contract when predefined conditions are met. This paper proposes SmartML, a modeling language for smart contracts that is platform independent and…

Software Engineering · Computer Science 2024-07-01 Adele Veschetti , Richard Bubel , Reiner Hähnle

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

Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format.…

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

This paper presents EDSC, a novel smart contract platform design based on the event-driven execution model as opposed to the traditionally employed transaction-driven execution model. We reason that such a design is a better fit for many…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Mudabbir Kaleem , Keshav Kasichainula , Rabimba Karanjai , Lei Xu , Zhimin Gao , Lin Chen , Weidong Shi

This chapter contributes to evolving the versatility and complexity of blockchain-enabled services through extending the functionality of blockchain-enforced smart contracts. The contributions include: (i) a method for automated management…

Cryptography and Security · Computer Science 2018-06-29 Craig Wright , Antoaneta Serguieva

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 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

Recently, enterprises have paid attention to permissioned blockchain (BC), where business transactions among inter-authorized organizations (forming a consortium) can automatically be executed on the basis of a distributed consensus…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-01 Tatsuya Sato , Yosuke Himura , Jun Nemoto

This paper introduces CrossLink, a decentralized framework for secure cross-chain smart contract execution that effectively addresses the inherent limitations of contemporary solutions, which primarily focus on asset transfers and rely on…

Cryptography and Security · Computer Science 2025-10-23 Tahrim Hossain , Faisal Haque Bappy , Tarannum Shaila Zaman , Tariqul Islam

UTXO-based smart contract platforms face an efficiency bottleneck, in that any transaction sent to a contract must specify the entire updated contract state. This requirement becomes particularly burdensome when the contract state contains…

Cryptography and Security · Computer Science 2026-02-03 Massimo Bartoletti , Riccardo Marchesin , Roberto Zunino

Blockchain-based platforms are emerging as a transformative technology that can provide reliability, integrity, and auditability without trusted entities. One of the key features of these platforms is the trustworthy decentralized execution…

Computers and Society · Computer Science 2020-01-20 Afiya Ayman , Shanto Roy , Amin Alipour , Aron Laszka

The main problem faced by smart contract platforms is the amount of time and computational power required to reach consensus. In a classical blockchain model, each operation is in fact performed by each node, both to update the status and…

Cryptography and Security · Computer Science 2021-11-11 Alessio Meneghetti , Tommaso Parise , Massimiliano Sala , Daniele Taufer