Related papers: BlockLot: Blockchain based Verifiable Lottery
Collateral is an item of value serving as security for the repayment of a loan. In blockchain-based loans, cryptocurrencies serve as the collateral. The high volatility of cryptocurrencies implies a serious barrier of entry with a common…
The adoption of blockchain based distributed ledgers is growing fast due to their ability to provide reliability, integrity, and auditability without trusted entities. One of the key capabilities of these emerging platforms is the ability…
Blockchain technology offers a promising foundation for modernizing E-Voting systems by enhancing transparency, decentralization, and security. Yet, real-world adoption remains limited due to persistent challenges such as scalability…
Blockchain has become a popular emergent technology in many industries. It is suitable for a broad range of applications, from its base role as an immutable distributed ledger to the deployment of distributed applications. Many…
The use of the term blockchain is documented for disparate projects, from cryptocurrencies to applications for the Internet of Things (IoT), and many more. The concept of blockchain appears therefore blurred, as it is hard to believe that…
Blockchain is a distributed ledger technology that gained popularity for enabling the transformation of cryptocurrency among peers without mediation by a centralized third-party authority. Smart contracts expand the applications of…
Blockchain was mainly introduced for secure transactions in connection with the mining of cryptocurrency Bitcoin. This article discusses the fundamental concepts of blockchain technology and its components, such as block header,…
Smart contracts are widely utilized in cross-chain interactions, where their results are transmitted from one blockchain (the producer blockchain) to another (the consumer blockchain). Unfortunately, the consumer blockchain often accepts…
In recent years, blockchain technology has received unparalleled attention from academia, industry, and governments all around the world. It is considered a technological breakthrough anticipated to disrupt several application domains. This…
A donation-tracking system leveraging smart contracts and blockchain technology holds transformative potential for reshaping the landscape of charitable giving, especially within the context of Web 3.0. This paper explores how smart…
Blockchain technology enhances transparency by maintaining a distributed ledger among mutually untrusting parties. Despite its advantages, scalability and availability remain critical bottlenecks that hinder widespread adoption. The…
Blockchain has proven to be an emerging technology in the digital world, changing the way everyone thinks about data security and bringing efficiency to several industries. It has already been applied to a wide range of applications, from…
Blockchain is challenging the status quo of the central trust infrastructure currently prevalent in the Internet towards a design principle that is underscored by decentralization, transparency, and trusted auditability. In ideal terms,…
Blockchain technology provides a private, secure, transparent decentralized exchange of data. Also, blockchain is not limited to a particular area, but it has a wide range of applications and can be integrated into a variety of Internet…
Technology has evolved over the years, making our lives easier. It has impacted the healthcare sector, increasing the average life expectancy of human beings. Still, there are gaps that remain unaddressed. There is a lack of transparency in…
The blockchain ecosystem, particularly with the rise of Web3 and Non-Fungible Tokens (NFTs), has experienced a significant increase in users and applications. However, this expansion is challenged by the need to connect early adopters with…
Blockchain enables a digital society where people can contribute, collaborate, and transact without having to second-guess trust and transparency. It is the technology behind the success of Bitcoin, Ethereum, and many disruptive…
According to experts, one third of all IT vulnerabilities today are due to inadequate software verification. Internal program processes are not sufficiently secured against manipulation by attackers, especially if access has been gained.…
In most websites, the online rating system provides the ratings of products and services to users. Lack of trust in data integrity and its manipulation has hindered fulfilling user satisfaction. Since existing online rating systems deal…
Blockchain was always associated with Bitcoin, cryptocurrencies, and digital asset trading. However, its benefits are far beyond that. It supports technologies like the Internet-of-Things (IoT) to pave the way for futuristic smart…