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Smart Contracts are programs running logic in the Blockchain network by executing operations through immutable transactions. The Blockchain network validates such transactions, storing them into sequential blocks of which integrity is…

Software Engineering · Computer Science 2024-03-13 Francesco Salzano , Simone Scalabrino , Rocco Oliveto , Remo Pareschi

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

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

Smart contracts manage blockchain assets and embody business processes. However, mainstream smart contract programming languages such as Solidity lack explicit notions of roles, action dependencies, and time. Instead, these concepts are…

Software Engineering · Computer Science 2023-09-19 Mojtaba Eshghie , Wolfgang Ahrendt , Cyrille Artho , Thomas Troels Hildebrandt , Gerardo Schneider

We argue that there is a hierarchy of levels describing to that particular level relevant features of reality behind the content and behavior of blockchain and smart contracts in their realistic deployment. Choice, design, audit and legal…

Computers and Society · Computer Science 2021-07-30 Zoran Škoda

Smart contracts are programs that manage digital assets according to a certain protocol, expressing for instance the rules of an auction. Understanding the possible behaviors of a smart contract is difficult, which complicates development,…

Software Engineering · Computer Science 2018-07-23 Florentin Guth , Valentin Wüstholz , Maria Christakis , Peter Müller

Smart contracts are programs that execute transactions involving independent parties and cryptocurrencies. As programs, smart contracts are susceptible to a wide range of errors and vulnerabilities. Such vulnerabilities can result in…

Cryptography and Security · Computer Science 2023-07-03 Sundas Munir , Walid Taha

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

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…

Cryptography and Security · Computer Science 2023-10-09 Majd Soud , Gísli Hjálmtýsson , Mohammad Hamdaqa

Ensuring correctness of smart contracts is paramount to ensuring trust in blockchain-based systems. This paper studies the safety and security of smart contracts in the \emph{Azure Blockchain Workbench}, an enterprise…

Programming Languages · Computer Science 2019-04-30 Yuepeng Wang , Shuvendu K. Lahiri , Shuo Chen , Rong Pan , Isil Dillig , Cody Born , Immad Naseer

With technological advances and the establishment of e-commerce models, business challenges have shifted to online platforms. The promise of embedding self-executing and autonomous programs into blockchain technologies has attracted…

Computers and Society · Computer Science 2022-08-03 Kamal Kishor Singh

Blockchain platforms and smart contracts are vulnerable to security breaches. Security breaches of smart contracts have led to huge financial losses in terms of cryptocurrencies and tokens. In this paper, we present a systematic survey of…

Cryptography and Security · Computer Science 2022-12-16 S. Vani , M. Doshi , A. Nanavati , A. Kundu

In this position paper, we consider some foundational topics regarding smart contracts (such as terminology, automation, enforceability, and semantics) and define a smart contract as an automatable and enforceable agreement. We explore a…

Computers and Society · Computer Science 2017-03-16 Christopher D. Clack , Vikram A. Bakshi , Lee Braine

The emerging blockchain technology supports decentralized computing paradigm shift and is a rapidly approaching phenomenon. While blockchain is thought primarily as the basis of Bitcoin, its application has grown far beyond cryptocurrencies…

Cryptography and Security · Computer Science 2020-06-23 Reza M. Parizi , Ali Dehghantanha , Kim-Kwang Raymond Choo , Amritraj Singh

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

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

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

Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

Modern blockchain systems support creation of smart contracts -- stateful programs hosted and executed on a blockchain. Smart contracts hold and transfer significant amounts of digital currency which makes them an attractive target for…

Software Engineering · Computer Science 2019-06-10 Dmitrii Suvorov , Vladimir Ulyantsev

Smart contracts are distributed, self-enforcing programs executing on top of blockchain networks. They have the potential to revolutionize many industries such as financial institutes and supply chains. However, smart contracts are subject…

Cryptography and Security · Computer Science 2021-01-07 Tai D. Nguyen , Long H. Pham , Jun Sun