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Blockchain and Distributed ledger Technologies are increasingly becoming key enablers for vital innovation in financial services, manufacturing, government and other industries. One of the biggest challenges though is the level of support…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-04 Marcelle von Wendland

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

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

Smart contracts written in Solidity are programs used in blockchain networks, such as Etherium, for performing transactions. However, as with any piece of software, they are prone to errors and may present vulnerabilities, which malicious…

Logic in Computer Science · Computer Science 2021-11-29 Kunjian Song , Nedas Matulevicius , Eddie B. de Lima Filho , Lucas C. Cordeiro

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

Solidity is an object-oriented and high-level language for writing smart contracts that are used to execute, verify and enforce credible transactions on permissionless blockchains. In the last few years, analysis of smart contracts has…

Software Engineering · Computer Science 2019-08-16 Chao Peng , Sefa Akca , Ajitha Rajan

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 programs that implement potentially sophisticated transactions on modern blockchain platforms. In the rapidly evolving blockchain environment, smart contract programming languages must allow users to write expressive…

Programming Languages · Computer Science 2020-07-24 Sam Blackshear , David L. Dill , Shaz Qadeer , Clark W. Barrett , John C. Mitchell , Oded Padon , Yoni Zohar

The exploitation of smart-contract vulnerabilities can have catastrophic consequences such as the loss of millions of pounds worth of crypto assets. Formal verification can be a useful tool in identifying vulnerabilities and proving that…

Programming Languages · Computer Science 2020-02-10 Pedro Antonino , A. W. Roscoe

Blockchains and smart contracts are an emerging, promising technology, that has received considerable attention. We use the blockchain technology, and in particular Ethereum, to implement a large-scale event-based Internet of Things (IoT)…

Cryptography and Security · Computer Science 2019-07-10 Nikos Fotiou , Iakovos Pittaras , Vasilios A. Siris , Spyros Voulgaris , George C. Polyzos

The rigorous security model of Bitcoin's UTXO architecture often comes at the cost of developer usability, forcing a reliance on manual stack manipulation that leads to critical financial vulnerabilities like signature malleability,…

Cryptography and Security · Computer Science 2026-01-06 Hyunhum Cho , Ik Rae Jeong

In recent years, as blockchain adoption has been expanding across a wide range of domains, e.g., digital asset, supply chain finance, etc., the confidentiality of smart contracts is now a fundamental demand for practical applications.…

Cryptography and Security · Computer Science 2021-06-28 Qian Ren , Han Liu , Yue Li , Hong Lei

Programming has always been at the heart of technological innovation in the 21st century. With the advent of blockchain technologies and the proliferation of web3 paradigms of decentralised applications, smart contracts have been very…

Software Engineering · Computer Science 2023-10-10 Nii Osae Osae Dade , Margaret Lartey-Quaye , Emmanuel Teye-Kofi Odonkor , Paul Ammah

Smart contracts are a special type of programs running inside a blockchain. Immutable and transparent, they provide means to implement fault-tolerant and censorship-resistant services. Unfortunately, its immutability causes a serious…

Logic in Computer Science · Computer Science 2018-12-04 Evgeniy Shishkin

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

The ability to negotiate contracts for a wide range of aspects and to provide services conforming to them is a most pressing need in service-oriented architectures. High-level models of contracts are making their way into the area, but…

Software Engineering · Computer Science 2012-09-11 Gordon J. Pace , Anders P. Ravn

Smart contracts are programs that execute inside blockchains such as Ethereum to manipulate digital assets. Since bugs in smart contracts may lead to substantial financial losses, there is considerable interest in formally proving their…

Programming Languages · Computer Science 2021-09-10 Christian Bräm , Marco Eilers , Peter Müller , Robin Sierra , Alexander J. Summers

The revolutionary potential of automatic code generation tools based on Model-Driven Engineering (MDE) frameworks has yet to be realized. Beyond their ability to help software professionals write more accurate, reusable code, they could…

Software Engineering · Computer Science 2021-12-22 Ilham Qasse , Shailesh Mishra , Mohammad Hamdaqa

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

Ethereum smart contracts are executable programs, deployed on a peer-to-peer network and executed in a consensus-based fashion. Their bytecode is public, immutable and once deployed to the blockchain, cannot be patched anymore. As smart…

Cryptography and Security · Computer Science 2019-07-10 Konrad Weiss , Julian Schütte