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Smart contracts (SC) are software codes which reside and run over a blockchain. The code can be written in different languages with the common purpose of implementing various kinds of transactions onto the hosting blockchain, They are ruled…

Software Engineering · Computer Science 2018-02-08 Roberto Tonelli , Giuseppe Destefanis , Michele Marchesi , Marco Ortu

This paper outlines key design principles of Scilla---an intermediate-level language for verified smart contracts. Scilla provides a clean separation between the communication aspect of smart contracts on a blockchain, allowing for the rich…

Programming Languages · Computer Science 2018-01-03 Ilya Sergey , Amrit Kumar , Aquinas Hobor

Smart contracts are regarded as one of the most promising and appealing notions in blockchain technology. Their self-enforcing and event-driven features make some online activities possible without a trusted third party. Nevertheless,…

Cryptography and Security · Computer Science 2021-02-16 Bin Hu , Zongyang Zhang , Jianwei Liu , Yizhong Liu , Jiayuan Yin , Rongxing Lu , Xiaodong Lin

The global financial landscape is experiencing significant transformation driven by technological advancements and evolving market dynamics. Moreover, blockchain technology has become a pivotal platform with widespread applications,…

Computational Engineering, Finance, and Science · Computer Science 2024-07-30 Maruf Ahmed Mridul , Kaiyang Chang , Aparna Gupta , Oshani Seneviratne

Smart contract applications on the blockchain can only reach their full potential if they integrate seamlessly with traditional software systems via a programmatic interface. This interface should provide for originating and invoking…

Programming Languages · Computer Science 2021-08-31 Thi Thu Ha Doan , Peter Thiemann

This paper proposes an efficient framework to execute Smart Contract Transactions (SCTs) concurrently based on object semantics, using optimistic Single-Version Object-based Software Transactional Memory Systems (SVOSTMs) and Multi-Version…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-01-24 Parwat Singh Anjana , Hagit Attiya , Sweta Kumari , Sathya Peri , Archit Somani

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

Smart Contracts (SCs) are programs stored in a Blockchain to ensure agreements between two or more parties. Due to the unchangeable essence of Blockchain, failures or errors in SCs become perpetual once published. The reliability of SCs is…

Traditional public blockchain systems typically had very limited transaction throughput because of the bottleneck of the consensus protocol itself. With recent advances in consensus technology, the performance limit has been greatly lifted,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-11 Péter Garamvölgyi , Yuxi Liu , Dong Zhou , Fan Long , Ming Wu

Smart contracts are small but highly security-critical programs that implement wallets, token systems, auctions, crowd funding systems, elections, and other multi-party transactions on the blockchain. A broad range of methods has been…

Logic in Computer Science · Computer Science 2023-07-11 Norine Coenen , Bernd Finkbeiner , Jana Hofmann , Julia Tillman

Smart contract (SC) platforms form blocks of transactions into a chain and execute them via user-defined smart contracts. In conventional platforms like Bitcoin and Ethereum, the transactions within a block are executed \emph{sequentially}…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-10 Quan Nguyen , Andre Cronje , Michael Kong

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

Compiler correctness is an old problem, but with the emergence of smart contracts on blockchains that problem presents itself in a new light. Smart contracts are self-contained pieces of software that control assets, which are often of high…

Programming Languages · Computer Science 2022-02-23 Jacco O. G. Krijnen , Manuel M. T. Chakravarty , Gabriele Keller , Wouter Swierstra

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

Blockchain technology provides a tamper-proof mechanism to execute inter-organizational business processes involving mutually untrusted parties. Existing approaches to blockchain-based process execution are based on code generation. In…

Software Engineering · Computer Science 2019-06-05 Orlenys López-Pintado , Marlon Dumas , Luciano García-Bañuelos , Ingo Weber

Smart contracting protocols promise to regulate the transfer of cryptocurrency amongst participants in a trustless manner. A safe smart contract implementation should ensure that each participant can always append a contract transaction to…

Cryptography and Security · Computer Science 2020-07-16 James Chiang

Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. However, designing and implementing a smart contract is not trivial since upon deployment on a blockchain, it is no longer possible to…

Software Engineering · Computer Science 2021-12-08 Chaïmaa Benabbou , Önder Gürcan

Smart contracts are cryptographic protocols that are enforced without a judiciary. Smart contracts are used occasionally in Bitcoin and are prevalent in Ethereum. Public quantum money improves upon cash we use today, yet the current…

Quantum Physics · Physics 2022-09-20 Or Sattath

Smart contracts provide the means to stipulate rules of interaction between mutually distrustful organizations. They encode contractual agreements on the basis of source code, which else need to be contractualized in natural language. While…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-07 Tobias Eichinger , Marcel Ebermann