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We characterize digital cash as the digital equivalent of physical cash: secure, fungible, decentralized, directly controlled, privacy-preserving; but enhanced with qualitatively new functionality. It is extremely efficiently transferable…

Cryptography and Security · Computer Science 2022-11-29 Søren Debois , Fritz Henglein , Morten C. Nielsen , Christian Olesen , Gert Sylvest

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

With the advent of blockchain technologies, the idea of decentralized applications has gained traction. Smart contracts permit the implementation of application logic to foster distributed systems that are capable of removing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-12 Martin Westerkamp

The real estate market includes complex and inefficient mediation processes. Renting a property envolves multiple entities with different responsibilities and interests. Therefore it is imperative to establish a trustful relationship…

Cryptography and Security · Computer Science 2024-02-09 André S. Proença , Tiago R. Dias , Miguel P. Correia

Ethereum has emerged as a dynamic platform for exchanging cryptocurrency tokens. While token crowdsales cannot simultaneously guarantee buyers both certainty of valuation and certainty of participation, we show that if each token buyer…

Theoretical Economics · Economics 2019-08-14 Jason Teutsch , Vitalik Buterin , Christopher Brown

We consider the execution of smart contracts on Bitcoin. There, every contract step corresponds to appending to the blockchain a new transaction that spends the output representing the old contract state, creating a new one for the updated…

Cryptography and Security · Computer Science 2025-06-05 Dario Maddaloni , Riccardo Marchesin , Roberto Zunino

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

Data driven approaches to problem solving are, in many regards, the holy grail of evidence backed decision making. Using first-party empirical data to analyze behavior and establish predictions yields us the ability to base in-depth…

Cryptography and Security · Computer Science 2021-02-09 Michael Bartholic , Zhengrong Gu , Jianan Su , Justin Goldstein , Shin'ichiro Matsuo

Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-16 Paolo Bottoni , Claudio Di Ciccio , Remo Pareschi , Nicola Gessa , Gilda Massa

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

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

The public blockchain was originally conceived to process monetary transactions in a peer-to-peer network while preventing double-spending. It has since been extended to numerous other applications including execution of programs that exist…

Cryptography and Security · Computer Science 2018-08-03 John Adler , Ryan Berryhill , Andreas Veneris , Zissis Poulos , Neil Veira , Anastasia Kastania

A smart contract is a computer program which allows users to automate their actions on the blockchain platform. Given the significance of smart contracts in supporting important activities across industry sectors including supply chain,…

Software Engineering · Computer Science 2021-04-20 Palina Tolmach , Yi Li , Shang-Wei Lin , Yang Liu , Zengxiang Li

We analyze bribing attacks in Proof-of-Stake distributed ledgers from a game theoretic perspective. In bribing attacks, an adversary offers participants a reward in exchange for instructing them how to behave, with the goal of attacking the…

Computer Science and Game Theory · Computer Science 2024-06-21 Dimitris Karakostas , Aggelos Kiayias , Thomas Zacharias

Open-access blockchains based on proof-of-work protocols have gained tremendous popularity for their capabilities of providing decentralized tamper-proof ledgers and platforms for data-driven autonomous organization. Nevertheless, the…

Cryptography and Security · Computer Science 2019-05-14 Shaohan Feng , Wenbo Wang , Zehui Xiong , Dusit Niyato , Ping Wang , Shaun Shuxun Wang

In an economy with asymmetric information, the smart contract in the blockchain protocol mitigates uncertainty. Since, as a new trading platform, the blockchain triggers segmentation of market and differentiation of agents in both the sell…

Pricing of Securities · Quantitative Finance 2018-10-11 Jun Aoyagi , Daisuke Adachi

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

We consider a prediction market in which all aspects are controlled by market forces, in particular the correct outcomes of events are decided by the market itself rather than by trusted arbiters. This kind of a decentralized prediction…

Cryptography and Security · Computer Science 2017-03-09 Iddo Bentov , Alex Mizrahi , Meni Rosenfeld

The industrial market continuously needs reliable solutions to secure autonomous systems. Especially as these systems become more complex and interconnected, reliable security solutions are becoming increasingly important. One promising…

Cryptography and Security · Computer Science 2025-06-30 Önder Gürcan

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
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